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Medical Cyclotron Market by Product and Geography - Forecast and Analysis 2020-2024

  • ID: 4876562
  • Report
  • November 2019
  • Region: Global
  • 147 Pages
  • TechNavio
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

FEATURED COMPANIES

  • ALCEN
  • Ebco Industries Ltd.
  • General Electric Co.
  • Ion Beam Applications SA
  • Ionetix Corp.
  • Siemens AG
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

Global Medical Cyclotron Market: About this market
The medical cyclotron market analysis considers sales from cyclotron < 20 MeV, cyclotron 20-35 MeV, and cyclotron >35 MeV products. Our study also finds the sales of medical cyclotron in Asia, Europe, North America, and ROW. In 2019, the cyclotron < 20 MeV segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as its usage in different medical imaging areas such as nuclear medicine will play a significant role in the cyclotron < 20 MeV segment to maintain its market position. Also, our global medical cyclotron market report looks at factors such as high prevalence of cancer, benefits of medical cyclotrons, and improvement in healthcare infrastructure in emerging economies. However, high cost and complex logistics of medical cyclotrons, risk of radiation exposure, and stringent regulatory framework and product recalls may hamper the growth of the medical cyclotron industry over the forecast period.

Global Medical Cyclotron Market: Overview

Benefits of medical cyclotrons
The growing need for the diagnosis and treatment of cancer and neurological diseases is driving the demand for medical imaging technology that uses radioisotopes. Medical isotopes are either made from nuclear reactors or cyclotrons. Cyclotrons can produce isotopes rich in protons and are thus, increasingly being used in radiation therapy and SPECT and PET imaging. Cyclotrons-produced radioisotopes help in obtaining highly specific activities through nuclear transformations. Such benefits of medical cyclotrons will lead to the expansion of the global medical cyclotron market at a CAGR of almost 6% during the forecast period.

Medical cyclotron technology in nuclear medicine
Medical cyclotron technology is considered to have revolutionized nuclear medicine owing to the clear evaluation of organs through molecular imaging. Nuclear medicine involves gamma rays, which are emitted by certain radioisotopes with adequate energy. Radioisotopes are produced in cyclotrons, and their application has displayed significant growth over the last decade. One of the major factors contributing to this growth is the increasing availability of cyclotrons, especially to produce radioisotopes to be used in medical applications. This development is expected to have a positive impact on the overall market growth.

Competitive Landscape
With the presence of several major players, the global medical cyclotron market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical cyclotron manufacturers, that include ALCEN, Ebco Industries Ltd., General Electric Co., Ion Beam Applications SA, Ionetix Corp., Siemens AG, Sumitomo Heavy Industries Ltd., TeamBest, and Varian Medical Systems Inc.

Also, the medical cyclotron market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ALCEN
  • Ebco Industries Ltd.
  • General Electric Co.
  • Ion Beam Applications SA
  • Ionetix Corp.
  • Siemens AG

PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$

PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2019
  • Market Outlook
  • Market size and forecast 2019-2024
  • Value chain analysis

PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT
  • Market segmentation by product
  • Comparison by product
  • Cyclotron < 20 MeV - Market size and forecast 2019-2024
  • Cyclotron 20-35 MeV - Market size and forecast 2019-2024
  • Cyclotron >35 MeV - Market size and forecast 2019-2024
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • Asia - Market size and forecast 2019-2024
  • ROW - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS
  • Medical cyclotron technology in nuclear medicine
  • Advanced medical cyclotrons
  • Rise in healthcare spending

PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ALCEN
  • Ebco Industries Ltd.
  • General Electric Co.
  • Ion Beam Applications SA
  • Ionetix Corp.
  • Siemens AG
  • Sumitomo Heavy Industries Ltd.
  • TeamBest
  • Varian Medical Systems Inc.

PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

List of Exhibits
Exhibit 01: Global healthcare supplies market
Exhibit 02: Segments of global healthcare supplies market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Vendors: Key offerings
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Five forces analysis 2019
Exhibit 11: Five forces analysis 2024
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2019
Exhibit 18: Product - Market share 2019-2024 (%)
Exhibit 19: Comparison by product
Exhibit 20: Cyclotron < 20 MeV - Market size and forecast 2019-2024 ($ millions)
Exhibit 21: Cyclotron < 20 MeV - Year-over-year growth 2020-2024 (%)
Exhibit 22: Cyclotron 20-35 MeV - Market size and forecast 2019-2024 ($ millions)
Exhibit 23: Cyclotron 20-35 MeV - Year-over-year growth 2020-2024 (%)
Exhibit 24: Cyclotron >35 MeV - Market size and forecast 2019-2024 ($ millions)
Exhibit 25: Cyclotron >35 MeV - Year-over-year growth 2020-2024 (%)
Exhibit 26: Market opportunity by product
Exhibit 27: Customer landscape
Exhibit 28: Market share by geography 2019-2024 (%)
Exhibit 29: Geographic comparison
Exhibit 30: North America - Market size and forecast 2019-2024 ($ millions)
Exhibit 31: North America - Year-over-year growth 2020-2024 (%)
Exhibit 32: Europe - Market size and forecast 2019-2024 ($ millions)
Exhibit 33: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 34: Asia - Market size and forecast 2019-2024 ($ millions)
Exhibit 35: Asia - Year-over-year growth 2020-2024 (%)
Exhibit 36: ROW - Market size and forecast 2019-2024 ($ millions)
Exhibit 37: ROW - Year-over-year growth 2020-2024 (%)
Exhibit 38: Key leading countries
Exhibit 39: Market opportunity
Exhibit 40: Impact of drivers and challenges
Exhibit 41: Vendor landscape
Exhibit 42: Landscape disruption
Exhibit 43: Vendors covered
Exhibit 44: Vendor classification
Exhibit 45: Market positioning of vendors
Exhibit 46: ALCEN - Vendor overview
Exhibit 47: ALCEN - Product segments
Exhibit 48: ALCEN - Key offerings
Exhibit 49: Ebco Industries Ltd. - Vendor overview
Exhibit 50: Ebco Industries Ltd. - Product segments
Exhibit 51: Ebco Industries Ltd. - Key offerings
Exhibit 52: General Electric Co. - Vendor overview
Exhibit 53: General Electric Co. - Business segments
Exhibit 54: General Electric Co. - Organizational developments
Exhibit 55: General Electric Co. - Geographic focus
Exhibit 56: General Electric Co. - Segment focus
Exhibit 57: General Electric Co. - Key offerings
Exhibit 58: Ion Beam Applications SA - Vendor overview
Exhibit 59: Ion Beam Applications SA - Business segments
Exhibit 60: Ion Beam Applications SA - Organizational developments
Exhibit 61: Ion Beam Applications SA - Geographic focus
Exhibit 62: Ion Beam Applications SA - Segment focus
Exhibit 63: Ion Beam Applications SA - Key offerings
Exhibit 64: Ionetix Corp. - Vendor overview
Exhibit 65: Ionetix Corp. - Product segments
Exhibit 66: Ionetix Corp. - Key offerings
Exhibit 67: Siemens AG - Vendor overview
Exhibit 68: Siemens AG - Business segments
Exhibit 69: Siemens AG - Organizational developments
Exhibit 70: Siemens AG - Geographic focus
Exhibit 71: Siemens AG - Segment focus
Exhibit 72: Siemens AG - Key offerings
Exhibit 73: Sumitomo Heavy Industries Ltd. - Vendor overview
Exhibit 74: Sumitomo Heavy Industries Ltd. - Business segments
Exhibit 75: Sumitomo Heavy Industries Ltd. - Organizational developments
Exhibit 76: Sumitomo Heavy Industries Ltd. - Segment focus
Exhibit 77: Sumitomo Heavy Industries Ltd. - Key offerings
Exhibit 78: TeamBest - Vendor overview
Exhibit 79: TeamBest - Product segments
Exhibit 80: TeamBest - Organizational developments
Exhibit 81: TeamBest - Key offerings
Exhibit 82: Varian Medical Systems Inc. - Vendor overview
Exhibit 83: Varian Medical Systems Inc. - Business segments
Exhibit 84: Varian Medical Systems Inc. - Organizational developments
Exhibit 85: Varian Medical Systems Inc. - Geographic focus
Exhibit 86: Varian Medical Systems Inc. - Segment focus
Exhibit 87: Varian Medical Systems Inc. - Key offerings
Exhibit 88: Validation techniques employed for market sizing
Exhibit 89: Definition of market positioning of vendors
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ALCEN
  • Ebco Industries Ltd.
  • General Electric Co.
  • Ion Beam Applications SA
  • Ionetix Corp.
  • Siemens AG
The following companies as the key players in the global medical cyclotron market: ALCEN, Ebco Industries Ltd., General Electric Co., Ion Beam Applications SA, Ionetix Corp., Siemens AG, Sumitomo Heavy Industries Ltd., TeamBest, and Varian Medical Systems Inc.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the medical cyclotron technology in nuclear medicine.”

According to the report, one of the major drivers for this market is the benefits of medical cyclotrons.

Further, the report states that one of the major factors hindering the growth of this market is the high cost and complex logistics of medical cyclotrons.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • ALCEN
  • Ebco Industries Ltd.
  • General Electric Co.
  • Ion Beam Applications SA
  • Ionetix Corp.
  • Siemens AG
  • Sumitomo Heavy Industries Ltd.
  • TeamBest
  • Varian Medical Systems Inc.
Note: Product cover images may vary from those shown