Overview and Scope
Proton therapy systems are advanced medical devices used in radiation therapy to treat cancer. These systems deliver proton beams precisely to tumor sites, minimizing damage to surrounding healthy tissue. Proton therapy offers enhanced treatment accuracy and reduced side effects compared to conventional radiation therapy methods.
Sizing and Forecast
The proton therapy systems market size has grown rapidly in recent years. It will grow from $1.17 billion in 2023 to $1.29 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to increasing incidence of cancer, increased awareness among healthcare professionals, expansion of healthcare infrastructure, rising healthcare expenditure, demand for non-invasive treatment options.
The proton therapy systems market size is expected to see rapid growth in the next few years. It will grow to $1.94 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to increasing cancer burden, increasing adoption of proton therapy, increased adoption in pediatric oncology, increasing preference for outpatient cancer treatment settings, growing emphasis on environmental sustainability. Major trends in the forecast period include adoption of proton therapy, technological advancements, integration of artificial intelligence, adoption of pencil beam scanning technology, hypo fractionated proton therapy.
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Segmentation & Regional Insights
The proton therapy systems market covered in this report is segmented –
1) By Type: Proton Therapy Systems With Robotized Positioning Table, Proton Therapy Systems With Integrated CT Scanner, Proton Therapy Systems With Integrated PET Scanner
2) By Setup Type: Single Room, Multi Room
3) By Application: Brain And Central Nervous System Cancer, Head And Neck Cancer, Prostate Cancer, Breast Cancer, Lung Cancer, Gastrointestinal Cancer, Other Applications
4) By End-User: Hospitals, Proton Therapy Center, Other End-Users
North America was the largest region in the proton therapy systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the proton therapy systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing prevalence of cancer is expected to propel the growth of the proton therapy systems market going forward. Cancer is a collection of disorders defined by abnormal cell proliferation that can invade and spread throughout the body. The increasing prevalence of cancer can be attributed to factors such as aging populations, lifestyle changes, environmental exposures, and improved detection and diagnosis methods. Proton therapy systems are used in cancer treatment due to their ability to precisely target tumors with high doses of radiation while minimizing damage to surrounding healthy tissue, potentially reducing side effects, and improving treatment outcomes. For instance, in January 2023, according to the American Cancer Society, a US-based nonprofit cancer advocacy organization, the number of cancer cases increased to 1,958,310 in 2023, reflecting a growth of 3.16% from 1,898,160 in 2021. Therefore, the increasing prevalence of cancer is driving the development of the proton therapy systems market.
Key Industry Players
Major companies operating in the proton therapy systems market report are Mitsubishi Electric Corporation; Toshiba Corporation; Siemens Healthineers; Koninklijke Philips N.V.; GE Healthcare; Sumitomo Heavy Industries Ltd.; Hitachi High-Tech Corporation; Acibadem Healthcare Group; Elekta AB; Mirion Technologies; Ion Beam Applications SA; Sirtex Medical Limited; RaySearch Laboratories; Mevion Medical Systems; Sun Nuclear Corporation; ITEL Telecomunicazioni S.r.l; Advanced Oncotherapy plc; Provision Healthcare; Optivus Proton Therapy Inc.; Provision Proton Partners International; Danfysik A/S; ProTom International; Best Cyclotron Systems; ACCEL Instruments GmbH; P-Cure Ltd.
The proton therapy systems market report table of contents includes:
1. Executive Summary
2. Proton Therapy Systems Market Characteristics
3. Proton Therapy Systems Market Trends And Strategies
4. Proton Therapy Systems Market – Macro Economic Scenario
5. Global Proton Therapy Systems Market Size and Growth
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32. Global Proton Therapy Systems Market Competitive Benchmarking
33. Global Proton Therapy Systems Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Proton Therapy Systems Market
35. Proton Therapy Systems Market Future Outlook and Potential Analysis
36. Appendix
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