The global particle therapy market size reached USD 627.0 Million in 2021 and is expected to register a revenue CAGR of 8.2% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of cancer, technological advancement in medical science, rapid product launches by leading companies, and rising number of research and development and government initiations for the diagnosis of cancer diseases are some of the key factors driving revenue growth of the market.
The research weighs upon various problems and solutions related to the import and export status, supply chain management, channel distribution, demand and supply and gross margin that often bother expansive as well as new entrants A thorough analysis of market players dominating the Particle Therapy market and their winning strategies to remain competitive and ahead in the market adds granularity to the intelligence report. The definitive study explores the recent events in the industry from acquisition and mergers, product launches, technology innovation and product pipeline to underline the future potential or prospects of the business.
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Competitive Terrain:
The global Particle Therapy industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
IBA Worldwide, Mevion Medical Systems., Optivus Proton Therapy, Inc., ProTom International., Provision Healthcare., Elekta, Hitachi, Ltd., Sumitomo Heavy Industries, Ltd., Varian Medical Systems, Inc., and Advanced Oncotherapy
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PARAMETERS | DETAILS |
The market size value in 2021 | USD 627.0 Million |
CAGR (2022–2030) | 8.2% |
The Revenue forecast in 2030 | USD 1,272.3 Million |
Base year for estimation | 2021 |
Historical data | 2019–2020 |
Forecast period | 2022–2030 |
Quantitative units | Revenue in USD Million and CAGR in % from 2022 to 2030 |
Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered | Type, product, cancer type, end-use, Region |
Regional scope | North America; Europe; Asia-Pacific; Latin America; Middle East & Africa |
Country scope | U.S., Canada, Mexico, Germany, U.K., France, Spain, BENELUX, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, Israel, and Rest of MEA |
Key companies profiled | IBA Worldwide, Mevion Medical Systems., Optivus Proton Therapy, Inc., ProTom International., Provision Healthcare., Elekta, Hitachi, Ltd., Sumitomo Heavy Industries, Ltd., Varian Medical Systems, Inc., and Advanced Oncotherapy |
Customization scope | 10 hrs of free customization and expert consultation |
Additional information offered by the report:
- Along with a complete overview of the global Particle Therapy market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Particle Therapy market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
Segments Covered in this report are:
-
Cancer Type Outlook (Revenue, USD Million; 2019-2030)
- Prostate cancer
- Lung cancer
- Breast cancer
- Others
-
End-use Outlook (Revenue, USD Million; 2019-2030)
- Hospitals
- Research centers
- Proton therapy centers
- Others
-
Regional Outlook (Revenue, USD Million; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- Rest of MEA
- North America
Radical Highlights of the Particle Therapy Market Report:
- Comprehensive overview of the Particle Therapy market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and R&D advancements on the Particle Therapy market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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