According to the report published by Allied Market Research, theย global proton therapy marketย generated $438.3 million in 2021, and is projected to reach $1.6 billion by 2031, witnessing a CAGR of 13.6% from 2022 to 2031.ย The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
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Key Findings of the Study –
- On the basis of indication, the CNS cancer segment is estimated to register CAGR of 12.41% from 2022 to 2031.
- On the basis of product type, the accelerator segment is estimated to register CAGR of 13.21% from 2022 to 2031.
- By end user, the hospital segment is anticipated to register CAGR of 13.8% from 2022โ2031.
By product type, the fast segment dominates the market in 2021 and is expected to remain so during the forecast period, due to the increasing incidence of cancer, the cost advantage over the diagnostic agents. lead to radioactive materials and the availability of high-tech diagnostic tools. growth of the proton therapy market.
On the basis of end user, the medical sector has the largest share of the proton therapy market in 2021 and is expected to continue this trend during the forecast period, due to the increase in cancer, the development of healthcare for hospital equipment, high-tech equipment. and self-awareness of illness.
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Based on region, North America accounts for the highest share in terms of revenue in 2021, holding more than two-fifths of the total market, and is expected to maintain its share by 2031. However, it is expected in the East Asia-Pacific region. to exhibit the fastest CAGR of 14.9% during the forecast period.
Key Market Players –
Major key players that operate in the industry are Hitachi, Ltd., Ion Beam Applications S.A., Mevion Medical Systems, Mirion Technologies Ltd., Optivus Proton Therapy, Inc., Provision Healthcare, Pro Tom International, Siemens, Sumitomo Heavy Industries, Ltd., and Toshiba Corporation.
By Region –
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
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Frequently Asked Questions?
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About Us –
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various research data tables and confirms utmost accuracy in our market forecasting. Each and every us companies and this helps us in digging out market data that helps us generate accurate y data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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