The Medical Cyclotron market is expected to gain its size between 2019 and 2026 and projected to reach 299 million USD by 2026 with a CAGR of 10.97%. Global economic development, government policy adjustment, related industrial dynamics, industry upgrading, and competition among enterprises are influencing the development of Medical Cyclotron market. A distinctive and comprehensive picture of Medical Cyclotron market is embodied in the report.
The Medical Cyclotron market growth is mainly attributed to some key factors such as the increasing prevalence of cancer, growing inclination towards nuclear scans for accurate diagnosis, cost advantage as compared to outsourced radioactive tracers, and availability of technologically advanced diagnostic devices. Furthermore, growing geriatric population, increasing disposable economy, and change in the lifestyles are some of the other driving factors. The increase in awareness regarding the use of cyclotrons in the diagnosis application of the deep-lying tumors is positively affecting the growth of the market. On the contrary side, strict regulations implemented by the government, high cost coupled with the procedures, and the lack of practice are some factors that projected to hinder the market growth.
Europe was the largest market with a share of 33.20% and expected to maintain dominance during the forecast period, followed by North America and the Asia Pacific with a share of 30.65% and 26.35%. The Asia Pacific is expected to witness the highest growth over the predicted years owing to technological advancements and rapid development in healthcare infrastructure in countries in this region.
What is Medical Cyclotron
Medical Cyclotron is a cyclotron that is a type of compact particle accelerator used to produce quantities of radioactive isotopes called positron emitters. Stable, non-radioactive isotopes are put into the cyclotron which accelerates charged particles to high energy in a magnetic field. The stable isotopes then react with a beam to form radioactive isotopes, which are then taken from the cyclotron, transformed into positron-emitting radiopharmaceuticals (PERs) within the facility’s laboratories and are delivered to nuclear medicine where they are used for imaging procedures. Cyclotrons are clean nuclear technology and create very little radioactive waste as a result of their operation.
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Report Abstract
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Medical Cyclotron Type Classification
Medical Cyclotron End-users Classification
Leading Vendors
Global Medical Cyclotron Market Region Outlook
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Medical Cyclotron Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Medical Cyclotron Market by Types
4 Segmentation of Medical Cyclotron Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Medical Cyclotron Market in Major Countries
7 North America Medical Cyclotron Landscape Analysis
8 Europe Medical Cyclotron Landscape Analysis
9 Asia Pacific Medical Cyclotron Landscape Analysis
10 Latin America, Middle East & Africa Medical Cyclotron Landscape Analysis
11 Major Players Profile
11.1 IBA
11.1.1 IBA Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 GE
11.3 Siemens
11.4 Sumitomo Heavy Industries
11.5 ACSI
11.6 Best Medical
11.7 Best Cyclotron Systems, Inc.
11.8 PMB Alcen
11.9 Isotope Amt
11.10 Cyclotron
11.11 Siemens India
11.12 ARTMS Products
11.13 Varian Medical Systems
11.14 ABT Molecular Imaging, Inc.
11.15 Mercurius Health
…
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