Particle Therapy Market: Opportunity Assessment Research Study 2022 – 2027

The particle therapy market is projected to reach USD 1,004 million by 2027 from USD 677 million in 2022, growing at a CAGR of 8.2% from 2022 to 2027. Particle therapy is one of the most popular alternative treatment procedures for radiation therapy. With particle therapy systems, precise delivery of the radiation dose to the required tumor site is possible. Market growth is driven by factors such as growing adoption of particle therapy in clinical trials and the increasing number of particle therapy centers worldwide. Emerging markets are China India, Brazil, and South Africa are showing lucrative growth opportunities to market.

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Key Market Players

Prominent players in the particle therapy market include Varian Medical Systems, Inc. (US), IBA Worldwide (EU), Mevion Medical Systems (US), Provision Healthcare, LLC (US), Sumitomo Heavy Industries, Ltd. (Japan), Hitachi, Ltd. (Japan), Optivus Proton Therapy, Inc. (US), Protom International, Inc. (US), Advanced Oncotherapy PLC. (EU), and Danfysik A/S (Denmark)

IBA Worldwide (EU)

IBA is one of the leading players in the particle therapy market. Its Proton Therapy segment offers Proteus PLUS, a treatment room solution, and Proteus ONE, a single-room cancer treatment solution. IBA caters its products to various end users, including hospitals and ambulatory radiotherapy centers. The firm focuses on strengthening its market position by adopting both organic (such as product development and approvals) as well as inorganic growth strategies (such as agreements, collaborations, and partnerships).

Varian Medical Systems, Inc. (US)

Varian Medical Systems is one of the leading providers of particle therapy systems across the globe. The company offers excellent sales and support services, such as equipment installation and custom service. With its strong product portfolio and wide geographic presence, the company is expected to grow at a high rate in the proton therapy market. The company focuses on both organic and inorganic growth strategies to enhance its footprint in the global market.

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Global Particle Therapy Market Segmentation

The research report categorizes particle therapy market into the following segments and sub-segments:

By Type

  • Proton Therapy
  • Heavy Ion Therapy

By Product & Service

  • Products
  • Services

By System

  • Multi-Room Systems
  • Single-Room Systems

By Cancer Type

  • Pediatric Cancer
  • Prostate Cancer
  • Lung Cancer
  • Breast Cancer
  • Head and Neck Cancer
  • Other Cancers

By Application

  • By App Treatment Applications
  • Research Applications

By Region

  • North America
  • Europe
  • Asia pacific
  • Latin america
  • Middle east & Africa

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