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.
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 SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
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.
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
