(PharmaNewsWire.Com, April 18, 2024 ) As per Maximize Market research, the Proton Therapy Market was USD 0.9 Billion in 2023 and is expected to grow at a CAGR of 8.4 percent over the forecast period to reach USD 1.58 Billion by 2030.
Proton Therapy Market Report Scope and Research Methodology
The Proton Therapy Market Report offers a comprehensive analysis, exploring market dynamics, trends, and competitive insights. The report addresses the market's details, providing stakeholders with nuanced insights for informed decision-making, and ensuring privacy and confidentiality in the process. The research methodology involves a meticulous approach to data collection, combining primary and secondary sources.
Proton therapy is becoming more popular due to its better results compared to traditional radiation therapy. The radiation beams fixate on the targeted tumor causing minimal injury to adjacent normal tissues and leading to better health outcomes. The increasing preference for proton therapy demands both more investments in the facilities and developments in technology.
Proton Therapy Market Regional Analysis
North America region dominated the proton therapy market with 32.5% market share in the industry in 2023. A strong healthcare infrastructure, advanced medical technology, and broad-based insurance coverage play the role of a leadership position. The region witnesses an increment as the number of cancer cases rises, people learn more about treatment opportunities and the government makes efforts to help.
Shockwave Therapy Market - The market is expected to reach USD 2.14 Bn. by 2030 at a CAGR of 6.9 percent.
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