Proton Therapy Market Size is estimated to grow at a CAGR of 10.8% during the forecast period


Posted September 27, 2023 by Niraj1

Due to their low cost and straightforward installation, single-room systems held the largest share of the market in 2022.
 
Due to technological improvements and the rising incidence of cancer, the proton therapy market is a rising subsegment of the radiotherapy industry. With a CAGR of 10.8% over the forecast period (2023–2030), the global proton therapy market size increased from $1.7 billion in 2022 to $3.9 billion in 2030. Due to their low cost and straightforward installation, single-room systems held the largest share of the market in 2022.
A type of radiotherapy used to treat cancer is called proton therapy. Protons, which are charged particles, are used to precisely target tumors while causing the least amount of harm to adjacent healthy tissue. Using a particle accelerator, the proton beam is delivered to the tumor site, where the energy of the beam kills the cancer cells. Thanks to its capacity to deliver large doses of radiation to tumors while minimizing exposure to healthy tissue, this type of cancer treatment is becoming more and more common. It works especially well to treat cancers in delicate locations like the prostate, spine, and the brain.

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Proton Therapy Market Growth Drivers:
Because proton therapy is particularly successful in treating several types of cancer, such as prostate, lung, and brain cancer, it is a significant market driver. Technology improvements in proton therapy have increased treatment accuracy and decreased the risk of adverse consequences. As a result, a wider group of cancer patients can now benefit from proton therapy.
The demand for the procedure is likely to increase as more individuals become aware of the benefits of proton therapy. Proton therapy services are also being provided by more healthcare facilities, which increases patient access to the therapy.
Proton Therapy Market Segmentation:
• By System:
o Single-Room System
o Multi-Room Systems
• By Therapy:
o Single-Field Proton Therapy
o Multi-Field Proton Therapy
o Pencil Beam Scanning
o Intensity-Modulated Proton Therapy (IMPT)
o Spot Scanning Proton Therapy
• By Product:
o Equipment
o Services
• By Indication:
o Prostate Cancer
o Brain& CNSCancer
o Head & Neck Cancer
o Lung Cancer
o Pediatric Cancer
o Gastrointestinal Cancer
o Breast Cancer
o Others
• By End User:
o Hospitals
o Proton Therapy Centers
o Research Institutions
• By Region:
o North America
o Europe
o Asia Pacific
o Rest of the World (RoW)
Proton Therapy Market Key Global Players:
Numerous players are vying for market share and investing in new technologies and product development to stay ahead of the curve in the market. Some of the key global players in the Proton Therapy market include:
· Advanced Oncotherapy PLC
· Hitachi, Ltd.
· Ion Beam Applications (IBA) SA
· Mevion Medical Systems, Inc.
· Optivus Proton Therapy, Inc.
· ProNova Solutions, LLC.
· ProTom International, Inc.
· Provision Healthcare
· Sumitomo Heavy Industries, Ltd.
· Varian Medical Systems, Inc.

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Last Updated September 27, 2023