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Particle Therapy Market Share

Report ID: GMI6604
Published Date: Aug 2023
Report Format: PDF

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Particle Therapy Market Share

Major business players operating in the particle therapy market include

Danfysik A/S
Hitachi, Ltd.
IBA
Mevion Medical Systems
Optivus Proton Therapy, Inc.

These industry players majorly adopt various strategies including collaborations, acquisitions, mergers, and partnerships to create a global footprint and sustain market competition.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market size for particle therapy was valued at USD 837.09 million in 2022 and will register 8.8% CAGR from 2024-2032 due to the growing global burden of cancer.

The proton therapy type segment recorded 72.7% share of the particle therapy industry in 2022 and will witness significant growth from 2023-2032 on account of its effectiveness in treating pediatric cancers and intricate tumors.

North America recorded 46% share of the particle therapy industry in 2022 and is expected to register significant CAGR from 2023-2032 owing to the presence of robust research and development landscape coupled with substantial investments in healthcare innovation in the region.

Danfysik A/S, Hitachi, Ltd., IBA, Mevion Medical Systems, and Optivus Proton Therapy, Inc. are some of the major particle therapy companies worldwide.