Overview
Proton treatment, otherwise called proton radiotherapy, utilizes high-energy shafts to treat cancer. The methodology includes keeping an accurate portion of high energy radiation in the objective growth. It is generally utilized in the therapy of malignant growth. Protons disperse different types of x-beam radiation, subsequently guaranteeing less harm to the encompassing sound tissues.
The global proton therapy market had a valuation of US$ 4,494.0 million as of the end of 2027.
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Drivers
The expanding predominance of disease is supposed to help the development of the global proton therapy market over the forecasted timeframe. As per the World Health Organization, around 18.1 million new cases and 9.6 million fatalities were enrolled due to disease overall in 2018.
Additionally, the expanding number of medical care offices offering proton treatment is likewise expected to support the development of the global proton therapy market. In February 2020, the Illinois Health Facilities and Services Review Board endorsed the OSF HealthCare plan to build a malignant growth care focus that offers proton-shaft treatment.
The European area stood firm on its prevailing foothold in the global proton therapy market in 2014, representing 37.2% of the total volume. It was trailed by North America.
Limitations
The significant expense of proton treatment is supposed to impede the development of the global proton therapy market. Proton treatment costs range from around US$ 30,000 to US$ 120,000.
Besides, proton treatment gadgets are extremely big in size and require a bigger space with committed regions. The arrangement cost is higher than the gadget cost, which further increments speculation, thereby restricting the development of the market.
Opportunities
The presentation of proton treatment in emerging economies is intended to provide valuable learning experiences for players on the lookout. At present, proton treatment is accessible in major developed nations like Switzerland, Austria, the U.S., China, Denmark, Japan, the Netherlands, and Russia. Along these lines, market players can zero in on growing their presence in emergence economies.
Additionally, the advancement of reduced machines is likewise expected to help with the development of the global proton therapy market. Proton treatment gadgets right now available on the market require a huge area for set up. Thusly, market players can zero in on decreasing the size of the relative multitude of parts in proton treatment gadgets.
The Single Room section in the global proton therapy market was esteemed at US$ 407.3 Mn in 2019 and is supposed to arrive at US$ 980.0 Mn by 2027 at a CAGR of 11.6% during the conjectured timeframe.
Market Trends
Central segments of the market are focused on expanding their presence in emerging economies. In February 2020, Ion Beam Applications S.A. marked an agreement to introduce a ProteusONE smaller proton treatment arrangement at the RSPAD Gatot Soebroto Presidential Hospital in Jakarta, Indonesia.
The global proton therapy market is seeing the expanding establishment of independent proton treatment centers. In March 2020, Stantec, a planning and development firm, conveyed to Johns Hopkins Hospital (U.S.) another clinical office dedicated explicitly to proton treatment.
Key Developments
Central parts of the global proton therapy market are centered on growing their client base. In January 2020, Ion Beam Applications S.A. marked an agreement with International Charity Foundation Cartu to introduce a ProteusONE arrangement in Georgia (U.S.).
Likewise, in November 2019, Mevion Medical Systems consented to an arrangement with Chung Shan Medical University Hospital and ASYS Corp to give progressed proton treatment in Central Taiwan.
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Competitive Landscape
Key companies contributing to the global proton therapy market include ProNova Solutions, LLC, Mevion Medical Systems, Ion Beam Applications SA, Hitachi Ltd., Varian Medical Systems, Sumitomo Heavy Industries Ltd., Mitsubishi Electric Corporation, and ProTom International.
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◘ Leading company profiles reveal details of key Proton Therapy Market players emerging five operations and financial performance
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◘ Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Proton Therapy Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of Proton Therapy Market are also given.
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Proton Therapy Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Proton Therapy Industry Impact
Chapter 2 Global Proton Therapy Competition by Types, Applications, and Top Regions and Countries
2.1 Global Proton Therapy (Volume and Value) by Type
2.3 Global Proton Therapy (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Proton Therapy Sales, Consumption, Export, Import by Regions
Chapter 5 North America Proton Therapy Market Analysis
Chapter 6 East Asia Proton Therapy Market Analysis
Chapter 7 Europe Proton Therapy Market Analysis
Chapter 8 South Asia Proton Therapy Market Analysis
Chapter 9 Southeast Asia Proton Therapy Market Analysis
Chapter 10 Middle East Proton Therapy Market Analysis
Chapter 11 Africa Proton Therapy Market Analysis
Chapter 12 Oceania Proton Therapy Market Analysis
Chapter 13 South America Proton Therapy Market Analysis
Chapter 14 Company Profiles and Key Figures in Proton Therapy Business
Chapter 15 Global Proton Therapy Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology….
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