United States Proton Therapy Market to surpass US $ 16 Billion by 2024

  • 6 years ago
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United States is the global market leader in proton therapy technology. It started its first center Loma Linda (LLUMC) in early 1990. In 2010, it has eight proton therapy operational centers and further this figure increased more than three times in 2017. Moreover there are many proton therapy centers in pipelines (under-construction and planning phase).
Proton therapy is one of the popular techniques in particle therapy that has many advantages over other like carbon, photon and ions. It delivers the proton exactly on the spot without affecting the surrounding area or very minimal damage of surrounding parts. Therefore it has mitigate the side effect to the great extent than other particle therapy techniques. Proton therapy is gaining prominence due to its non-invasive technique and highly effectiveness.

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Rising Cancer Incidence in United States Propels Growth of Proton Therapy Market
Cancer incidence in United States is reaching at tipping point. In 2016, 1.6 Million people diagnosed with cancer and it is projected to increase in coming future. The cancer mortality rate in United States is also very high; around 595,690 people died from the cancer in 2016. Moreover there are many cancers that are very complicated and several difficulties are occurred during conventional surgical therapy. Proton therapy is advance and effective therapy that perform better results over conventional therapy. The number of proton therapy center in United States is increasing with rapid pace to make this technology accessible to large number of patients. Although diagnosed cancer patients number are too high than the actual number of cancer patients treated with proton therapy. According to Renub Research, United States Proton Therapy Market has potential to surpass US$ 16 Billion by the end of 2024.

Advancement of Proton Therapy Technology will further add the Procedural Effectiveness
The research and development of proton therapy has been happening since last four decade and technology has been commercially in operation since last three decades. In current outlook manufacturer developed compact cyclotron, advanced delivery systems. The introduction of robotics in proton therapy systems increased efficiency in the management of patient transport, patient treatment positioning, treatment appliances, and imaging systems. Moreover the paradigm-shift of large proton therapy equipment into compact tools creates investment feasibility for industry players and mitigates some sort of entry barriers. Currently many small hospital and medical institutions are also investing in proton therapy to make it widely accessible.

https://www.renub.com/united-states-proton-therapy-market-and-forecast-reimbursement-policy-patients-treated-at-proton-therapy-centers-1045-p.php