Global Proton Therapy Market has Potential of more than US 50 Billion
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Proton therapy is a highly developed form of radiation therapy that uses high-energy proton beam rather than usual radiotherapy to irradiate a tumor. While destroying the target malignant cells, it causes minimum harm to the nearby cells because of the advancement of proton therapy. The technique used in proton therapy to inhibit cell proliferation is Ionization. Protons go gradually through the body and interact with electrons and discharge energy.
Global Proton Therapy Market has Potential of more than US$ 50 Billion
The number of patients treated with Proton Therapy is very low due to low number of treatment center globally. But the good news is that internationally, the number of proton therapy centers is escalating at a rapid pace. It is anticipated that almost 330 proton therapy rooms will be made available globally for the cure of patients in future. As of 2014, there were only 141 rooms available on a global scale. Global Proton Therapy Market Potential is expected cross the figure of US$ 50 Billion in 2016.
USA Dominates the Proton Therapy Market globally
United States Proton Therapy Market has highest market share globally. The United States is expected to maintain its dominant position in future too. In the United States, many proton therapy centers are well developed or are under construction.
Apart from USA, Europe proton therapy market also shows immense potential of more than US$ 10 Billion. In Europe, the proton therapy is currently used for a solid tumor in the body like Spine, Brain, stomach and prostate.
Asia proton therapy market is predicted to grow with 18 percent CAGR. Almost 60 percent population of the world and half of the international cancer burden are from Asia. Japan leads the proton therapy market; on the other hand, China has an immense market opportunity for proton therapy cure to its larger amount of cancer patients.
According to Renub Research report 60 proton therapy centers were set in the year 2016 globally and to some extent, less than 50 proton therapy centers are expected to coming years. It is anticipated that the cases of cancer disease is increasing globally, innovation in therapies are advancing in the fight against this diseases.
The Report Studies the Global Proton Therapy Market on the basis of Countries:
• United States
• United Kingdom
Sr. Marketing Manager
by: Rajat Gupta