WiseGuyReports.Com Publish a New Market Research Report On –“ Proton Therapy 2019 Global Market Outlook,Research,Trends and Forecast to 2023”.
Proton Therapy Industry 2019
Proton therapy is also known as proton beam radiation therapy. Proton is a positively charged particle, and in high energy levels protons can destroy the cancer cells. Proton therapy is a non-invasive procedure in which proton radiation used to treat cancer. Proton therapy is a type of external beam radiation therapy, that painlessly delivers radiation through the skin from outside of the body. For the treatment of cancer, proton therapy may be prescribed alone or along with the other treatments such as surgery, chemotherapy, general radiation therapy and or immunotherapy.
Global proton therapy market is mainly driven by an increase in the adaptation of non-invasive therapies in the treatment of cancer. In addition, growing number of radiation centers globally coupled with the increase in the prevalence of the cancer cases expected to fuel the market growth over the forecast period. Furthermore, proton therapy is more advantageous than the other radiation therapies. Proton therapy delivers up to 60% less radiation to healthy tissue around the tumor and has fewer side effects during and after the treatment. Based on above-mentioned factors global proton therapy market is expected to increase its traction over the forecast period. However, a high cost of proton radiation therapy and stringent regulatory procedures may hamper the global proton therapy market over the forecast period.
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Key Players Analysis
IBA (Ion Beam Applications S.A.) (Belgium)
Hitachi, Ltd. (Japan)
Varian Medical Systems (U.S.)
Mitsubishi Electric Corporation (Japan)
Optivus Proton Therapy, Inc. (U.S.)
Mevion Medical Systems (U.S.)
Advanced Oncotherapy plc (U.K.)
ProTom International Inc, (U.S.)
ProNova Solutions LLC (U.S.)
Sumitomo Heavy Industries, Ltd. (Japan)
Notable Market Developments: Global Proton Therapy Market
In September 2017, Mevion Medical Systems announced the submission of 510 (K) premarket notifications to U.S. Food and Drug Administration for its proton therapy system MEVION S250i with pencil beam hyper scan technology.
In October 2014, Hitachi Ltd. And its development partner, Hokkaido University launched a new single room compact 360-degree proton beam therapy system
This report exclusively compiles all the fundamental dynamics that sheds light on the Proton Therapy market for a comprehensive view of the market. Market potentials, as well as pitfalls, are discussed at length along with essential macro and micro-economic trends, which can affect the market growth. Prevalent market trends and factors that are likely to provide opportunities to the market have also been taken into consideration while making projections. Forecasts pertaining to the overall market size, CAGR, regional market size have been provided in the report. Historical data analysis provided in the report helps in determining the future trajectory of the market. All the activities in the market are analyzed thoroughly to develop the core of the report.
Major market players have been identified in the report, and a strategic focus has been placed on emerging players in the market. Key competencies of each player, efforts made by them, new product launches, innovation, and the strategies adopted by each player have been included in the report which helps to deduce the level of competition in the market. Moreover, the geographical presence of each player and their respective market shares have been included in the report.
The Proton Therapy market has been branched down into various segments to promote a thorough understanding of the overall market structure. Emphasis has been placed on growing segments of the market, and growth rate and market share of each segment have been provided in the report. Market attractiveness of each segment has also been discussed in the report.
The report carefully reviews all the important growth pockets of the market and includes the market share of each regional and country-level market. Both primary and secondary research methodologies have been utilized to gather relevant market data. To arrive at forecasts and market sizes, top-down and bottom-up approaches have been employed.
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