Single-room Proton Therapy Systems Market: Introduction

Proton therapy is a form of radiotherapy — a treatment that uses high-energy beams to treat tumors. Radiotherapy using X-rays has long been used to treat cancers and noncancerous (benign) tumors. Proton therapy is a newer form of radiotherapy that uses energy from charged particles called protons. Doctors may use proton therapy alone. They may also combine it with x-ray radiation therapy, surgery, chemotherapy, and/or immunotherapy.

Like x-ray radiation, proton therapy is a type of external-beam radiation therapy. It painlessly delivers radiation through the skin from a machine outside the body.

Proton therapy involves radiation equipment having accelerated protons as a source of radiation. Proton therapy is employed to kill all viable cancer cells. In proton therapy, particle accelerators target the tumor with a beam of protons. Protons are charged particles that interfere with the DNA of the cells, thus damaging them, resulting in necrobiosis. Proton therapy devices are considerably expensive and space-consuming equipment that comprise accelerator, electro-magnets, gantry, nozzle, and patient room.

Proton therapy is useful for treating tumors that have not spread and are near important parts of the body. For instance, cancers near the brain and spinal cord. It is also used for treating children because it lessens the chance of harming healthy, growing tissue.

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Key Drivers, Restraints, and Opportunities of Single-room Proton Therapy Systems Market

Development of the overall proton therapy market is particularly driven by an increase in healthcare expenditure, rise in preference for advanced therapies by medical service doctors, increase in rate of adoption, and surge in prevalence of cancer. Additionally, rapid adoption and access alongside premium pricing is another factor boosting the market. Moreover, the reimbursement rate, rate of adoption, and pricing are likely to define the upcoming landscape of the global proton therapy market. However, pricing is likely to restrain the global proton therapy market, especially when it involves the affordability of proton beam therapy devices by small hospital arrangements.

Single-room Proton therapy system is a compact proton treatment framework. Particle therapy is a kind of radiation treatment used to treat cancer. Patients experience no pain during treatment and therefore, the procedure has only a few side-effects as compared to traditional radiotherapy. In most cases, patients can continue with their normal daily activities while undergoing treatment, thus maintaining their quality of life. Consequently, it continues to achieve attention as a cutting-edge cancer therapy. The global single-room proton therapy systems market is projected to expand significantly during the forecast period.

Demand for this type of treatment is estimated to increase considerably as an increasing number of medical professionals and patients are wanting to know more about the proton therapy treatment process. Therefore, a rise in the generic population further boosts the global market. According to research, age and cancer risk a potentially modifiable relationship by MC White, approximately 70% of known cancer cases occur in those aged over 50, with 43% aged 50-69 and 27% aged over 70 years old.

North America to Capture Major Share of Global Market of Single-room Proton Therapy Systems

In terms of region, the global single-room proton therapy systems market, can be classified into North America, Europe and Asia-Pacific, Latin America, and Middle East & Africa. This report categorizes the market based on manufacturer, region, type, and application.

North America, followed by Europe, is anticipated to dominate the global proton therapy market owing to an increase in incidences of cancer cases, rise in research studies and clinical trials for proton therapy across the region. The market in Asia Pacific is estimated to expand at a high growth rate in the next five years due to improvement in sophisticated imaging, delivery, and scanning techniques in the region.

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Single-room Proton Therapy Systems Market Competition by top manufacturers

Companies try to make their mark within the market by adopting new technologies at an accelerated rate. The companies has also attempted to enrich their product catalogs through product developments. Several companies started acquiring smaller companies to resolve the potential resource gap that prevailed within their companies in the form of technologies, products, etc. For instance, Varian Medical Systems, Inc acquired Accel back in 2007 and in August, 2020 Siemens Healthineers AG acquired Varian Medical Systems, Inc. HIL Applied Medical acquired Nanolabz, which develops and fabricates smart targets for laser-based proton acceleration.

  • IBA Worldwide
  • Varian Medical Systems, Inc
  • Hitachi, Ltd.
  • Mitsubishi Electric Corporation
  • Sumitomo Heavy Industries, Ltd.
  • Siemens Healthineers AG
  • ProTom International
  • Mevion Medical Systems

Single-room Proton Therapy Systems Market, by Product

  • Equipment
  • Services

Single-room Proton Therapy Systems Market, by Application

  • Cancer
  • Noncancerous tumors

Single-room Proton Therapy Systems Market, by Type

  • Fixed Proton Therapy Systems
  • Rotating Proton Therapy Systems

Single-room Proton Therapy Systems Market, by End-user

  • Hospitals
  • Proton Treatment Center
  • Other

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Singleroom Proton Therapy Systems Market