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.
An improved understanding of the competitive environment in the worldwide Particle Therapy market resulted from the collection and analysis of all the data using SWOT analysis. Sources for the future market growth were uncovered and outlying competitive threats also surfaced. There was strategic direction eminent in the market and this shows in the key trends and developments studied. By getting market background and using current norms, policies, and trends of other leading markets for cross-references, market data was completed.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Particle Therapy market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed 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
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Emergen Research has segmented the global Particle Therapy market on the basis of type, application, end-use, and region:
- 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
- Regional Outlook (Revenue, USD Million; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- Rest of MEA
- North America
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Particle Therapy Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Particle Therapy Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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