Proton Therapy Market To Overshoot Conventional Mode Of Growth By Exhibiting A CAGR Of 15.2% From 2024

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Proton Therapy Market
Report Id PMRREP12358 Category Life Science
Healthcare
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Proton Therapy Market To Overshoot Conventional
Mode Of Growth By Exhibiting A CAGR Of 15.2 From
2024

• Growing prevalence of cancer has prompted medical
  organizations towards development and adoption of
  advanced treatment procedures, such as proton
  radiotherapy. The effectiveness of proton therapy
  continues to gain trust of cancer patients across
  the globe.
• The procedure is known for successfully
  destructing tumor cells by damaging their DNA
  through a targeted deposition of high-energy
  radiation dosage onto the tumor. Furthermore,
  doctors treating cancer patients are also
  benefiting from the feasibility of proton therapy
  as it can be used in conjunction with other
  treatments.
• Factors as such continue to promote the adoption
  of proton therapy for curing cancerous
  abnormalities. Persistence Market Research
  projects that by the end of 2024, the global
  market for proton therapy will bring in more than
  US 2,926.7 Mn in revenues.
• In the report, titled Proton Therapy Market
  Global Industry Analysis and Forecast,
  2016-2024, the global market for proton therapy
  is presently valued at closed to US 945 Mn and
  is projected to soar at a healthy CAGR of 15.2.

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Key highlights of the research report on global
proton therapy market follow

• The market is likely to benefit from companies
  manufacturing compact set up used in proton beam
  therapy, which help in saving production costs
  without impairing product efficacy
• Based on such set ups, multiple-room proton
  therapy will gain traction by accounting for more
  than three-fourth of global revenues towards the
  end of forecast period
• Among multiple cancer indications, the adoption
  of proton therapy will be relatively higher for
  treatment of lung cancer, gastro-intestinal
  cancer, pediatric cancer, head neck cancer
• Flexible payment options are also boosting the
  supply of proton therapy devices, while
  affordability of such devices continues to be a
  major challenge
• The report also predicts that the demand for
  proton therapy will be impacted by the therapys
  side-effects which include fatigue, skin
  irritation, swelling and skin blistering
• Nonetheless, the market will witness
  opportunistic growth in terms of rising
  preference to non-invasive treatment of cancerous
  tumors

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