Hadron Therapy Market Scope
Technological advancements including reduced contrary effects and less radiation dose transmitted to healthy tissues during the radiation procedure will help to boost global Hadron therapy market in the forecasted period. Hardon therapy is also known as ion beam therapy or particle beam therapy. Hardon therapy is a type of therapy used ionizing radiation for cancer treatment. This therapy destroys the cancerous cells by damaging their DNA. The exclusive property of hadron therapy is physical and radiobiological properties of particles, which permit them to penetrate the tissues with less diffusion and transfer supreme energy within a specific area.
The market study is being classified by Type (Electron Beam, Neutron Beam, Alpha Particle Beam, Proton Beam, Carbon Ion Beam and Beta Particle Beam), by Application (Treatment Applications and Research Applications) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Hadron Therapy market throughout the predicted period.
Koninklijke Philips N.V. (Netherlands), Ion Beam Applications SA (Belgium), Advanced Oncotherapy (United Kingdom), Hitachi, Ltd. (Japan), Varian Medical Systems, Inc. (United States), Optivus Proton Therapy, Inc. (United States), Mevion Medical Systems (United States), ProTom International (United States), Mitsubishi Electric Corporation (Japan) and Sumitomo Corporation (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are ProNova Solutions, LLC (United States), Provision Healthcare (United States) and Danfysik A/S (Denmark).
AdvanceMarketAnalytics has segmented the market of Global Hadron Therapy market by Type, Application and Region.
On the basis of geography, the market of Hadron Therapy has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Cancer Type, the sub-segment i.e. Pediatric Cancer will boost the Hadron Therapy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the Hadron Therapy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 25th April 2019, Royal Philips a global leader in health technology has launched IntelliSpace Radiation Oncology, an intelligent patient management solution to manage complexity, increase efficiency and allow operational superiority in radiotherapy departments.
On 7th March 2019, Royal Philips), a global leader in health technology has acquired the Healthcare Information Systems business of Carestream Health Inc., a United States-based provider of medical imaging and healthcare IT solutions for hospitals, imaging centers, and specialty medical clinics.
- Growing Access to Medical Insurance
- Technological Advancements in Cancer Treatment Therapies
- Increase in Prevalence’s Of Cancer
- Upsurge in Healthcare Disbursement
- Huge Opportunity in Emerging Countries
- Growing Healthcare Expenditure in Developing Nations
- Dearth of Awareness about Hadron Therapy
- Less Number of Treatment Providers
- High Product Developmental Cost
Key Target AudienceTherapy Providers, Medical Research and Development Institutes and Associations, Potential Investors, Government Bodies, Government and Private Research Center and Others
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