World News – GB – Proton therapy systems market to emerge from stagnation and reach US $ 3,000 million – Stock Market Vista

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The increasing prevalence of cancer has prompted medical organizations to develop and adopt advanced treatment procedures, such as proton radiation therapy The efficacy of proton therapy continues to gain the trust of cancer patients whole world

The procedure is known to be successful in destroying tumor cells by damaging their DNA through targeted deposition of high-energy doses of radiation on the tumor In addition, physicians treating cancer patients also benefit from the feasibility of proton therapy as it can be used in conjunction with other treatments

Factors as such continue to promote adoption of proton therapy to cure cancerous abnormalities Persistence Market Research predicts that by the end of 2024, the global proton therapy market will bring in over US $ 2,9267 Mn of turnover

In the report titled « Proton Therapy Market: Global Industry Analysis and Forecasts, 2016-2024 », the global Proton Therapy market is currently valued at nearly US $ 945 million and is expected to climb at a CAGR 152% healthy

The report estimates that governments across the globe will continue to consolidate their healthcare spending in cancer care facilities, incidentally increasing revenue in the global proton therapy market The additional advantages of Proton Therapy, over Chemotherapy or Radiation Therapy, will also allow steady revenue growth for the market.

According to regional analysis compiled in the report, North America is expected to account for just under a third of global proton therapy revenue throughout the forecast period However, the European proton therapy market will dominate with almost 38% share and show revenue growth at 157% CAGR

The market is likely to benefit from companies that manufacture compact plants used in proton beam therapy, which help to reduce production costs without compromising the effectiveness of the product

Based on such configurations, multi-room proton therapy will gain traction accounting for over three quarters of global revenue by the end of the forecast period

Among the multiple cancer indications, proton therapy uptake will be relatively higher for the treatment of lung cancer, gastrointestinal cancer, pediatric cancer, & neck cancer of the head

Flexible payment options also increase the supply of proton therapy devices, while accessibility of these devices remains a major challenge

The report also predicts that the demand for proton therapy will be affected by side effects of the therapy, including fatigue, skin irritation, swelling and blistering on the skin

Nevertheless, the market will see opportunistic growth in terms of increasing preference for non-invasive treatment of cancerous tumors

Persistence Market Research (PMR) is a third-platform research company Our research model is a unique collaboration in data analysis and market research methodology to help companies achieve peak performance

To help companies overcome complex business challenges, we follow a multidisciplinary approach At PMR, we unite various data streams from multidimensional sources By deploying real-time data collection, big data and analytics customer experience, we provide business intelligence for organizations of all sizes

Our Client Success Stories feature a range of clients from Fortune 500 companies to fast growing startups PMR’s collaborative environment is committed to creating industry-specific solutions by transforming data from multiple streams into a strategic asset

Ashish KoltePersistence Market Research Address – 305 Broadway, 7th Floor New York City, NY 10007 USAUS Ph – 1-646-568-7751USA-Canada Toll Free – 1800-961-0353 Sales – Sales @ persistencemarketresearchcomWebsite – https: // wwwmarketresearchecom

Radiation therapy, proton therapy, Varian medical systems, ion beam applications, research

News from the world – GB – Proton therapy systems market to emerge from stagnation, reach 3 000 million US dollars – Vista Scholarship



SOURCE: https://www.w24news.com/news/world-news-gb-proton-therapy-systems-market-to-emerge-from-stagnation-and-reach-us-3000-million-stock-market-vista/?remotepost=479846

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