Proton Therapy Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
The Proton Therapy Market is estimated to reach revenue of $2.51 billion by 2028 from $1.32 billion from 2020, growing at a CAGR of 13% during the forecast period 2022-2028.
Proton therapy is a technologically advanced form of radiation therapy that can deliver the required dose of radiation. It takes several minutes to deliver high levels of radiation in multiple treatment sessions. Proton therapy uses accelerated subatomic particles called protons to send high levels of energy directly to the tumor site through a magnetically guided beam. In proton therapy, proton particles are accelerated to about two-thirds the speed of light, or more than 100,000 miles per second, to destroy cancer cells. Proton therapy differs from conventional radiation therapy in the way energy is delivered to the patient. Advantages of proton therapy are a lower risk of treatment-induced disorders, better quality of life during and after treatment, accurate dose delivery, and fewer side effects than with intensity-modulated radiation therapy (IMRT). Proton therapy is effective for both adult and pediatric patients. The two types of proton transport systems are pencil beam scanning and passive scattering.
Market Segments
By Indication
- Head and Neck Cancer
- Brain Cancer
- Sarcoma
- Pediatric Cancer
- Gastro-intestinal Cancer
- Prostate Cancer
- Lung Cancer
Key Players
Major players operating in the global proton therapy market include, Hitachi Ltd., Ion Beam Applications SA, Mevion Medical Systems, Mitsubishi Electric Corporation, ProNova Solutions, LLC, ProTom International, Sumitomo Heavy Industries Ltd., and Varian Medical Systems.
Scope of the Report
The research study analyzes the global Proton Therapy industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Proton Therapy Market Report
1. What was the Proton Therapy Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Proton Therapy Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Proton Therapy Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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