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Mar, 05 2022

Global Proton Therapy Market is Expected to Grow at 6.5% in the Forecast Period of 2021 to 2028

Proton Therapy Market is growing with factors such as growing popularity of minimally invasive treatment across the globe, increased prevalence of cancer and technological advancements in proton therapy.

However, the high cost of installment of proton therapy along with the stringent regulations may obstruct the growth of the market in the given forecast period.

 Proton Therapy Market Scenario

According to Data Bridge Market Research, the market for proton therapy in North America region has the highest market share followed by Europe and Asia-Pacific. Market leader is IBA Worldwide which accounts an estimated market share of approximately 20% to 25%. The company has gained outstanding sale through providing proton therapy.

  • In September 2019, IBA Worldwide announced that they have showcased their Future of Proton Therapy Technologies at ASTRO Annual Meeting. In this event, the company display the next technologies coming to proton therapy with a focus on motion management. After showcasing their product, the company enhanced their credibility in the market.

Proton Therapy MarketTrends Impacting the Market

Now the question is which other regions IBA Worldwide, Hitachi, Ltd. and Elekta AB are targeting? Data Bridge Market Research has estimated a large growth in North America proton therapy market and the market leaders targeting U.S., and Canada to be their next revenue pockets for 2021.

The proton therapy market is becoming more competitive with companies such as IBA Worldwide, Hitachi, Ltd. and Elekta AB as they are the market leaders for proton therapy market. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the global proton therapy market.     

For more analysis on the global proton therapy market request for a briefing with our analysts

Global Proton therapy Market Development

  • In November 2020, Varian Medical Systems, Inc. and the Cincinnati Children's/UC Health Proton Therapy Center announced the start of the first clinical trial of FLASH therapy as part of the recently opened FAST-01 study (Feasibility Study of FLASH Radiotherapy for the Treatment of Symptomatic Bone Metastases). This increases the R&D exposure for the company and helps the company to increase the product expansion in the forecasted period.

Scope of the Global Proton Therapy Market

Global proton therapy market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey and rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines and rest of Asia-Pacific, Brazil, Argentina and rest of South America, South Africa, Saudi Arabia, U.A.E., Israel, Egypt and rest of Middle East and Africa

All country based analysis of global proton therapy market is further analyzed based on further segmentation.

  • Global Proton therapy market basis of product type, the market is segmented into systems, software and services. On the basis of component, the market is segmented into proton accelerator, beam transport system, beam delivery system, nozzle, image viewers, patient positioning system (PPS). On the basis of type, the market is segmented into rotating proton therapy systems, non-rotating proton therapy systems. On the basis of set-up systems, the market is segmented into multi-room systems, compact/ single-room systems. On the basis of application type, the market is segmented into treatment applications, research applications. On the basis of end user, the market is segmented into hospitals, ambulatory surgical centers, cancer research institutes.

To know more about the study

Key Pointers Covered in Global Proton Therapy Market Industry Trends and Forecast to 2028

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries

Key Market Competitors Covered in the Report

  • Varian Medical Systems, Inc.
  • Protom International
  • Mevion Medical Systems
  • Sun Nuclear Corporation
  • Provision Healthcare
  • Hitachi, Ltd.
  • Sumitomo Heavy Industries, Ltd.
  • Koninklijke Philips N.V.
  • IBA Worldwide
  • Elekta AB
  • Optivus Proton Therapy, Inc.
  • Advanced Oncotherapy
  • Best Cyclotron Systems, Inc.
  • RaySearch Laboratories
  • PerMedics, Inc.

Above are the key players covered in the report, to know about more and exhaustive list of proton therapy companies’, contact us

Research Methodology: Global Proton Therapy Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Oncologists, Proton therapy Specialists, Rehabilitation Centers, clinicians and technicians, Academic Professionals and Researchers
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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