Particle Therapy Market to Perceive Remarkable Growth of USD 1,272.3 Million Globally by 2030
Rising prevalence of cancer is a key factor driving the particle therapy market revenue growth
VANCOUVER, BC, CANADA, April 10, 2023 /EINPresswire.com/ -- The global particle therapy market size reached USD 627.0 Million in 2021 and is expected to register a revenue CAGR of 8.2% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of cancer, technological advancement in medical science, rapid product launches by leading companies, and rising number of research and development and government initiations for the diagnosis of cancer diseases are some of the key factors driving revenue growth of the market.
Cancer is one of the chronic diseases that cause deaths of large population base globally. Research estimates that 10.2 million cancer cases and 19.3 million new cancer cases are expected to be diagnosed worldwide in 2020. As the most common cancer, female breast cancer has surpassed lung cancer with an estimated 2.3 million new cases (11.7%). For ten countries, Ireland, Belgium, Hungary, France, The Netherlands, Australia, Norway, France (New Caledonia), and Slovenia—the age-standardized rate was at least 300 per 100,000 and Denmark had the highest overall cancer rate (men and women combined), at 334.9 per 100,000.
In addition, according to the report, burden of cancer is increasing in almost every country, making prevention an important public health challenge. By addressing risk factors related to diet, nutrition, and exercise, approximately 40% of cancer cases could be avoided. Thus prevalence of this disease, and need for advanced diagnostics and therapy are factors expected to increase demand for this therapy and drive revenue growth of the market.
Get a glimpse of the in-depth analysis through our Report Sample: https://www.emergenresearch.com/request-sample/1578
The global Particle Therapy Market report provides a comprehensive study of the dynamic driving and restraining factors, major challenges, and lucrative opportunities. Moreover, the study covers a SWOT analysis that aids in recognizing the restraining and driving factors in the market. Furthermore, the report outlines market segmentation and growth analysis of the top 10 market players that are currently active in the industry. The drivers and opportunities help in grasping the dynamic market trends and how market players can leverage such trends.
Key Players Profiled in the Report are:
IBA Worldwide, Mevion Medical Systems., Optivus Proton Therapy, Inc., ProTom International., Provision Healthcare., Elekta, Hitachi, Ltd., Sumitomo Heavy Industries, Ltd., Varian Medical Systems, Inc., and Advanced Oncotherapy
Request a discount on the report @ https://www.emergenresearch.com/request-discount/1578
Some Key Highlights From the Report
The proton therapy segment accounted for largest revenue share in 2021. Proton beam therapy, also referred to as particle therapy, is a type of radiation therapy that targets cancer cells with pinpoint accuracy. Proton therapy seems to be safer, painless, noninvasive, and more beneficial than conventional radiation therapy as it can deliver a high dose to a very specific area. According to the American Society of Clinical Oncology (ASCO), Proton therapy may deliver up to 60% less radiation to healthy tissue surrounding the target site while giving the tumor itself a higher dose. The precise timing and location of the proton's energy release can be chosen by the doctor in this beam therapy.
The breast cancer segment is expected to account for fastest revenue CAGR during the forecast period. According to the Centers for Disease Control and Prevention (CDC), breast cancer is still the second most common cancer among all women and the most prevalent among Hispanic women, despite the fact that the number of deaths from the disease has decreased over time. In the U.S., according to the report of ClinicalTrials.gov, approximately 264,000 women and 2,400 men receive a breast cancer diagnosis each year. Every year, breast cancer claims the lives of 42,000 women and 500 men in the U.S. Radiation therapy is typically regarded as the primary therapy for the majority of women with early-stage breast cancer after lumpectomy.
Furthermore, the report provides a comprehensive overview of the Particle Therapy market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.
Browse Executive Summary and Complete Table of Content @ https://www.emergenresearch.com/industry-report/particle-therapy-market
Emergen Research has segmented the global particle therapy market on the basis of type, product, cancer type, end-use, and region:
Type Outlook (Revenue, USD Million; 2019-2030)
Heavy ion therapy
Proton therapy
Product Outlook (Revenue, USD Million; 2019-2030)
Synchrotron
Cyclotrons
Synchrocyclotron
Cancer Type Outlook (Revenue, USD Million; 2019-2030)
Prostate cancer
Lung cancer
Breast cancer
Others
End-use Outlook (Revenue, USD Million; 2019-2030)
Hospitals
Research centers
Proton therapy centers
Others
For More Query about the Particle Therapy Market Report? Get in touch with us @ https://www.emergenresearch.com/purchase-enquiry/1578
Owning Our Reports Will Help You Solve the Following Problems:
Q1. Understand the Market Sentiment?
>> Having a good understanding of market sentiment is imperative for a strategy. Our information provides you with an overview of market sentiment. We maintain this observation by engaging with key thought leaders across the value chain in every industry we track.
Q2. Uncertainty About the Future?
>> Our research and knowledge help our clients predict future pockets of revenue and areas of growth. This helps our clients to invest or divest their resources.
Q3. Evaluate Potential Business Partners?
>> Our research and knowledge help our clients identify compatible business partners.
Q4. Understand the Most Reliable Investment Centres?
>> Our research ranks the market’s investment centres taking into account their returns, future demands and profit margins. Our clients can focus on the most important investment centres by sourcing our market research.
Request customization of the report @ https://www.emergenresearch.com/request-for-customization/1578
Thank you for reading our report. Please connect with us to know more about the report or for requesting the customization of the report. Our team will ensure the report is best suited to your requirements.
Look Over transcripts provided by Emergen Research
mobile marketing market
https://www.emergenresearch.com/industry-report/mobile-marketing-market
bariatric surgery market
https://www.emergenresearch.com/industry-report/bariatric-surgery-market
cloud testing market
https://www.emergenresearch.com/industry-report/cloud-testing-market
mobile device management market
https://www.emergenresearch.com/industry-report/mobile-device-management-market
retail cloud market
https://www.emergenresearch.com/industry-report/retail-cloud-market
carbon neutral data center market
https://www.emergenresearch.com/industry-report/carbon-neutral-data-center-market
internet of things in construction market
https://www.emergenresearch.com/industry-report/internet-of-things-in-construction-market
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Eric Lee
Emergen Research
+91 90210 91709
sales@emergenresearch.com
Visit us on social media:
Facebook
Twitter
LinkedIn
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
