Hadron therapy Market: Global Industry Analysis, Challenges, Size, Share, Growth, Trends and Forecast 2022-2027

Hadron Therapy is a kind of radiation therapy which uses ionizing radiation for the treatment of cancer, the key difference is that the radiation beams are composed of charged particles (protons and other ions, such as carbon) in hadron therapy. The unique property of hadron therapy is physical and radiobiological properties of particles, which allow them to penetrate the tissues with less diffusion and transfer maximum energy within a specific area. As compared to X-rays, hadron therapy cause minimal damage to the healthy tissues surrounding the cancerous part, which is a critical part of radiation therapy for paediatric patients and tumours located around vital body structures. According to the European Network for Light ion Hadron Therapy, over 120,000 patients have been treated across the globe with hadron therapy, including 20,000 with carbon ions. According to Tata Memorial Centre, the cost of one round of hadron therapy treatment in the US is around USD 150,000-200,000.

Hadron Therapy Market: Drivers and Restraints

The key contributor to the growth of global hadron therapy market is increasing number of people diagnosed with cancer worldwide. Technological advancements such as reduced adverse effects and less radiation dose transferred to healthy tissues during the radiation procedure have attracted the attention of healthcare professionals and patients as well. However, very few number of therapy providers, high cost of the treatment, large area required for the installation of equipment, space for optimization and refinement of technology and lack of skilled clinicians may restrict the growth of the market.

Get Access to Brochure of this Report: https://www.futuremarketinsights.com/reports/brochure/rep-gb-4052

Hadron Therapy Market: Overview

Global hadron therapy market is highly consolidated with a very few number of players. According to Tata Memorial Centre, around 10-15% of patients receiving radiation therapy would get benefit from hadron therapy across the globe. The cost of therapy is very high, which makes it inaccessible from most of the population. Most of the treatment providers are government hospitals or government-aided centers/universities. The equipments are too costly that small clinics cannot purchase them. Installation of the equipment adds to the cost as it requires a large space. However, the market of hadron therapy will grow owing to prevalence of a huge population pool living with cancer.

Hadron Therapy Market: Region-wise Outlook

Geographically, Hadron Therapy Market  is segmented into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. Developed markets like North America is currently the leader of the market followed by Europe. Most of the treatment providers are present in North America and Europe only. However, Japan & Korea also have few facilities of therapy. India and China are also able to provide the therapy to the patients with very few service providers. It is expected that there will be around 100 hadron therapy centres across the globe by 2020, around 30% of them in Europe only.

Hadron Therapy Market: Key Players

The key players in the global Hadron Therapy Market include IBA Worldwide, Koninklijke Philips N.V., Advanced Oncotherapy, Optivus Proton Therapy, Inc., Varian Medical Systems, Inc., Hitachi, Ltd., Mevion Medical Systems, Sumitomo Corporation, ProNova Solutions, LLC, Mitsubishi Electric Corporation, ProTom International and Elekta.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil and Rest of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
  • Eastern Europe (Poland, Russia and Rest of Eastern Europe)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, and Rest of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Hadron Therapy Market: Segmentation

Global Hadron Therapy Market has been segmented on the basis of type of particle radiation, application, end user and region.

Based on the type of particle radiation, the global Hadron Therapy Market is segmented into:

  • Electron Beam
  • Proton Beam
  • Neutron Beam
  • Carbon Ion Beam
  • Alpha Particle Beam
  • Beta Particle Beam

Based on the application, the global Hadron Therapy Market is segmented into:

  • Pediatric Cancer
  • Bone & Soft Tissue Cancer
  • Prostate Cancer
  • Lung Cancer
  • Liver Cancer
  • Eye Cancer
  • Head & Neck Cancer

Based on the end user, the global Hadron Therapy Market is segmented into the following:

  • Hospitals
  • Government Universities
  • Research Institutions

Get Access to TOC of this Report: https://www.futuremarketinsights.com/toc/rep-gb-4052

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
​United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Leave a comment

Your email address will not be published. Required fields are marked *