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Proton Therapy Systems Market Analysis

  • Report ID: GMI6685
  • Published Date: Sep 2023
  • Report Format: PDF

Proton Therapy Systems Set-up Market Analysis

The proton therapy systems market by set-up type is segregated into single room and multiple room. The single room segment is predicted to witness CAGR of 10.5% over the forecast period. Single-room proton therapy systems have gained popularity due to their ability to treat a wide range of cancer types effectively. They offer advanced treatment options for tumors located in sensitive areas, where precision is critical, such as brain, head and neck, breast, lung, and prostate cancers. It also offers faster treatment delivery times compared to traditional multi-room setups. This efficiency benefits both patients and healthcare providers, allowing for more streamlined scheduling and reduced waiting times.
 

 Proton Therapy Systems Market Share, By Indication, 2022

The proton therapy systems market by application is categorized into breast cancer, lung cancer, prostate cancer, gastro-intestinal cancer, brain cancer, and others. The gastro-intestinal cancer segment accounted for USD 322 million revenue size in the year 2022. Globally, there were approximately 1.93 million cases reported in 2020 worldwide as it is the third most diagnosed cancer globally. Gastrointestinal cancers present a significant challenge in the realm of oncology, accounting for millions of new diagnoses and deaths annually. Traditional treatment approaches, including surgery, chemotherapy, and conventional radiation therapy, have been mainstays in combating these cancers.
 

However, the emergence of proton therapy has opened new avenues for more effective and less toxic treatments for gastrointestinal malignancies. In the context of GI cancers, where tumors are often located near critical structures such as the spinal cord, liver, or intestines, the ability to precisely target the tumor while minimizing damage to surrounding healthy tissues is of paramount importance. Proton therapy achieves this with unparalleled accuracy, reducing the risk of side effects and improving overall treatment outcomes.
 

Based on end-use, the proton therapy systems market is segmented into hospitals, proton therapy centers, and others. The hospitals segment accounted for 62% business share in the year 2022 and is anticipated to witness the highest growth during the forecast period. Hospitals, as the primary providers of cancer care, are key players in the growth and accessibility of proton therapy. Their recognition of the clinical benefits, commitment to patient-centered care, and role in research and innovation make them central to the expanding landscape of proton therapy.
 

Hospitals play a vital role in contributing to the scientific understanding of proton therapy's effectiveness through clinical research and data collection. As hospital demand continues to rise, the proton therapy market is poised to witness continued growth, offering hope and advanced treatment options to cancer patients worldwide. Therefore, patient convenience, higher R&D, advance technology are few factors that are estimated to remain at the forefront propelling the market for proton therapy systems.
 

U.S. Proton Therapy Systems Market Size, 2020 - 2032 (USD Million)

U.S. proton therapy systems market accounted for USD 530 million revenue size in 2022 and is predicted to witness substantial market growth over the analysis timeline. The demand for proton therapy in the U.S. has been on a steady rise, driven by its clinical advantages, broader recognition, and investments in infrastructure and research. The U.S. market has seen the construction of new proton therapy centers and expansions of existing ones. Investments in these facilities demonstrate a commitment to meeting the rising demand for proton therapy. U.S. institutions have actively contributed to research and clinical trials related to proton therapy, furthering its clinical applications. As the American healthcare system continues to evolve, proton therapy's role in cancer treatment is anticipated to expand further, offering patients advanced and precise options in their fight against cancer.

Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

Proton therapy systems industry size was USD 1.2 billion in 2022 and will reach USD 3.2 billion by 2032 due to the increasing prevalence of cancer cases worldwide.

Proton therapy systems industry from the gastro-intestinal cancer application segment reached USD 322 million in 2022 on account of its prevalence as the third most diagnosed cancer globally.

U.S. proton therapy systems industry size registered USD 530 million in 2022 and is expected to witness appreciable growth from 2023-2032 owing to clinical advantages, broader recognition, and investments in infrastructure and research in the region.

IBA worldwide, Hitachi, Mevion Medical Systems, Optivus Proton Therapy, Advanced Oncotherapy plc, Mitsubishi Electric Corporation, Varian, Ion Beam Applications SA, ProTom International, and Provision Healthcare are some of the major proton therapy system companies worldwide.

Proton Therapy Systems Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 11
  • Tables & Figures: 261
  • Countries covered: 30
  • Pages: 150
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