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Global Medical Cyclotron Market Report and Forecast 2023-2031

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  • 140 Pages
  • April 2023
  • Region: Global
  • Expert Market Research
  • ID: 5786901
Global Medical Cyclotron Market Report and Forecast 2023-2031
Global Medical Cyclotron Market Outlook
The growth of the medical cyclotron market size is being driven by the increasing prevalence of cancer, neurological disorders, and cardiac diseases across the globe. The market attained a value of USD 212.83 million in 2023. The market is expected to grow at a CAGR of 9.20% during the forecast period of 2023-2031.

Medical Cyclotron: Introduction

Medical cyclotron is a particle accelerator used for the production of radioisotopes. The radioisotopes produced by medical cyclotrons are utilized in various fields such as medical imaging, nuclear medicine, and research. Medical cyclotrons are capable of producing short-lived isotopes with half-lives ranging from a few seconds to a few hours, making them suitable for use in medical imaging and diagnostics.

Medical cyclotrons work by accelerating charged particles, usually protons or deuterons, to high energies using a magnetic field. The charged particles are then directed towards a target material, typically made of enriched stable isotopes, where nuclear reactions take place, producing the desired radioisotopes. Once the radioisotopes are produced, they are extracted and transported to nearby hospitals and clinics for use in medical imaging and diagnostics.

Medical cyclotrons have revolutionized the field of medical imaging and diagnostics, providing healthcare professionals with the ability to accurately diagnose and treat a wide range of medical conditions. The global medical cyclotron market is expected to continue growing as demand for radioisotopes in medical imaging and diagnostics continues to increase.

Medical Cyclotron: Application and Uses

A medical cyclotron is a type of particle accelerator that is used to produce radioisotopes for medical imaging and treatment purposes. These radioisotopes are used in a range of medical applications such as positron emission tomography (PET) imaging and radiation therapy. Medical cyclotrons produce high-energy particles by accelerating charged particles, such as protons or deuterons, using an electromagnetic field.

One of the main applications of medical cyclotrons is in PET imaging, which uses radiotracers to detect changes in the body's metabolic activity. Radiotracers are molecules that are labelled with a radioactive isotope, which can be detected using a PET scanner. Medical cyclotrons are used to produce these radioisotopes, which are then incorporated into the radiotracers.

Medical cyclotrons are also used in radiation therapy, particularly for the treatment of cancer. Radioisotopes produced by medical cyclotrons can be used to deliver targeted doses of radiation to cancer cells, which can help to destroy them.

In addition to PET imaging and radiation therapy, medical cyclotrons have other applications in medical research, such as studying the behaviour of molecules in the body and investigating new treatments for diseases.

Global Medical Cyclotron Market Segmentations

Market Breakup by Type

  • Ring Cyclotron
  • Azimuthally Varying Field (AVF) Cyclotron

Market Breakup by Product Type

  • Cyclotron 10-12 MeV
  • Cyclotron 16-18 MeV
  • Cyclotron 19-24 MeV
  • Cyclotron 24 MeV and Above

Market Breakup by Application

  • Diagnostic and Treatment
  • Research and Development
  • Others

Market Breakup by End User

  • Hospitals
  • Diagnostic Centres
  • Research and Academic Institutes
  • Others

Market Breakup by Region

North America

  • United States of America
  • Canada


  • United Kingdom
  • Germany
  • France
  • Italy
  • Others

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • Others

Latin America

  • Brazil
  • Argentina
  • Mexico
  • Others

Middle East and Africa

  • Saudi Arabia
  • United Arab Emirates
  • Nigeria
  • South Africa
  • Others

Global Medical Cyclotron Market Scenario

The market is expected to grow in the coming years. The increasing prevalence of cancer, neurological disorders, and cardiac diseases is driving the demand for medical cyclotron systems for diagnostic imaging and therapy. The growing awareness of the benefits of nuclear medicine, such as precise diagnosis, targeted therapy, and reduced radiation exposure, is also contributing to market growth.

Technological advancements in medical cyclotron systems, such as the development of compact and modular cyclotron systems, are expected to boost the market further. These advancements are increasing the availability of medical cyclotrons in hospitals and clinics, enabling more patients to access nuclear medicine services.

However, high installation and maintenance costs, as well as strict regulatory requirements, may hinder market growth to some extent. Additionally, the COVID-19 pandemic has impacted the medical cyclotron market, as it has disrupted the supply chain and delayed the installation of new systems
Despite these challenges, the increasing demand for nuclear medicine services is expected to drive the growth of the global medical cyclotron market in the coming years.

Key Players in the Global Medical Cyclotron Market

The report gives an in-depth analysis of the key players involved in the global medical cyclotron market. The companies included in the market are as follows:
  • General Electric Company
  • Advanced Cyclotron Systems Inc
  • Alcen
  • Best Cyclotron Systems, Inc
  • IsoSolution Inc
  • Siemens Healthcare Private Limited
  • UNGER Medizintechnik GmbH & Co.KG
  • Ionetix Corporation
  • IBA Radiopharma Solutions
  • Ebco Industries Ltd
  • Sumitomo Heavy Industries, Ltd
  • Varian Medical Systems, Inc

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Table of Contents

1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage - Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Medical Cyclotron Market Overview
3.1 Global Medical Cyclotron Market Historical Value (2016-2022)
3.2 Global Medical Cyclotron Market Forecast Value (2023-2031)
4 Global Medical Cyclotron Market Landscape
4.1 Global Medical Cyclotron Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Medical Cyclotron Product Landscape
4.2.1 Analysis by Type
4.2.2 Analysis by Product Type
4.2.3 Analysis by Applications
4.2.4 Analysis by End User
5 Global Medical Cyclotron Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Medical Cyclotron Market Segmentation
6.1 Global Medical Cyclotron Market by Type
6.1.1 Market Overview
6.1.2 Ring Cyclotron
6.1.3 Azimuthally Varying Field (AVF) Cyclotron
6.2 Global Medical Cyclotron Market by Product Type
6.2.1 Market Overview
6.2.2 Cyclotron 10-12 MeV
6.2.3 Cyclotron 16-18 MeV
6.2.4 Cyclotron 19-24 MeV
6.2.5 Cyclotron 24 MeV and Above
6.3 Global Medical Cyclotron Market by Application
6.3.1 Market Overview
6.3.2 Diagnostic and Treatment
6.3.3 Research and Development
6.3.4 Others
6.4 Global Medical Cyclotron Market by End User
6.4.1 Market Overview
6.4.2 Hospitals
6.4.3 Diagnostic Centres
6.4.4 Research and Academic Institutes
6.4.5 Others
6.5 Global Medical Cyclotron Market by Region
6.5.1 Market Overview
6.5.2 North America
6.5.3 Europe
6.5.4 Asia Pacific
6.5.5 Latin America
6.5.6 Middle East and Africa
7 North America Medical Cyclotron Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Medical Cyclotron Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Medical Cyclotron Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.6 Australia
9.7 Others
10 Latin America Medical Cyclotron Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Medical Cyclotron Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
16.1 Regulatory Overview
16.1.1 US FDA
16.1.2 EU EMA
16.1.5 Others
17 Supplier Landscape
17.1 General Electric Company
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 Advanced Cyclotron Systems Inc.
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 Alcen
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 Best Cyclotron Systems, Inc.
17.4.1 Financial Analysis
17.4.2 Product Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 IsoSolution Inc.
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 Siemens Healthcare Private Limited
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 UNGER Medizintechnik GmbH & Co.KG
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 Ionetix Corporation
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 IBA Radiopharma Solutions
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 Ebco Industries Ltd.
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
17.11 Sumitomo Heavy Industries, Ltd.
17.11.1 Financial Analysis
17.11.2 Product Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisitions
17.11.5 Certifications
17.12 Varian Medical Systems, Inc.
17.12.1 Financial Analysis
17.12.2 Product Portfolio
17.12.3 Demographic Reach and Achievements
17.12.4 Mergers and Acquisitions
17.12.5 Certifications
18 Global Medical Cyclotron Market - Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket

Companies Mentioned

  • General Electric Company
  • Advanced Cyclotron Systems Inc.
  • Alcen
  • Best Cyclotron Systems, Inc.
  • Isosolution Inc.
  • Siemens Healthcare Private Limited
  • Unger Medizintechnik GmbH & Co.Kg
  • Ionetix Corporation
  • Iba Radiopharma Solutions
  • Ebco Industries Ltd.
  • Sumitomo Heavy Industries, Ltd.
  • Varian Medical Systems, Inc.



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