Hadron Therapy Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027


Future Market Insights

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Hadron Therapy is a sort of radiation therapy which uses ionizing radiation for the treatment of tumor growth. Hadron therapy, which uses proton or particle shafts to deliver the precise tumor location focusing with zero dose of exit, could improve medical results in 15-20% of these cases. However, the number of possible patients - around 1.5 million every year currently-far exceeds the limit of currently introduced hadron therapy frameworks, which treat about 20,000 patients for every year.

Increasing Number of Cancer Cases to Fuel markets

  • To augment conformal diagnosis of the tumor target, medicines require pillar conveyance from various directions. Also, as it's neither viable nor agreeable to move the patient to any extent, thus, this requires the utilization of either different beam lines or, a turning gantry general.
  • The key supporter of the development of the global hadron therapy market is surging number of individuals diagnosed with tumor, around the world. Advancement in technology, for example, decreased antagonistic impacts and less doses of radiation moved to healthy tissues during the radiation technique have drawn the attention of the healthcare experts and the patients also.
  • In any case, countable therapy services, staggering expense of the treatment, enormous area needed for the establishment of electronics, space for improvement and refinement of innovation and absence of trained clinicians may confine the development of the market.
  • Developed regions like North America is as of now the pioneer of the market trailed by Europe. The vast majority of the treatment suppliers are available in North America and Europe as it were. But, Korea and Japan additionally have couple of services of therapy. China and India are additionally ready to furnish the therapy to the patients with a few service providers.

Hadron Therapy is a kind of radiation therapy which uses ionizing radiation for the treatment of cancer, the key difference is that the radiation beams are composed of charged particles (protons and other ions, such as carbon) in hadron therapy. The unique property of hadron therapy is physical and radiobiological properties of particles, which allow them to penetrate the tissues with less diffusion and transfer maximum energy within a specific area. As compared to X-rays, hadron therapy cause minimal damage to the healthy tissues surrounding the cancerous part, which is a critical part of radiation therapy for paediatric patients and tumours located around vital body structures. According to the European Network for LIGht ion Hadron Therapy, over 120,000 patients have been treated across the globe with hadron therapy, including 20,000 with carbon ions. According to Tata Memorial Centre, the cost of one round of hadron therapy treatment in the US is around USD 150,000-200,000.

Hadron Therapy Market: Drivers and Restraints

The key contributor to the growth of global hadron therapy market is increasing number of people diagnosed with cancer worldwide. Technological advancements such as reduced adverse effects and less radiation dose transferred to healthy tissues during the radiation procedure have attracted the attention of healthcare professionals and patients as well. However, very few number of therapy providers, high cost of the treatment, large area required for the installation of equipment, space for optimization and refinement of technology and lack of skilled clinicians may restrict the growth of the market.

Hadron Therapy Market: Segmentation

Global Hadron Therapy Market has been segmented on the basis of type of particle radiation, application, end user and region.

Based on the type of particle radiation, the global Hadron Therapy Market is segmented into:

  • Electron Beam

  • Proton Beam

  • Neutron Beam

  • Carbon Ion Beam

  • Alpha Particle Beam

  • Beta Particle Beam

Based on the application, the global Hadron Therapy Market is segmented into:

  • Pediatric Cancer

  • Bone & Soft Tissue Cancer

  • Prostate Cancer

  • Lung Cancer

  • Liver Cancer

  • Eye Cancer

  • Head & Neck Cancer

Based on the end user, the global Hadron Therapy Market is segmented into the following:

  • Hospitals

  • Government Universities

  • Research Institutions

Hadron Therapy Market: Overview

Global hadron therapy market is highly consolidated with a very few number of players. According to Tata Memorial Centre, around 10-15% of patients receiving radiation therapy would get benefit from hedron therapy across the globe. The cost of therapy is very high, which makes it inaccessible from most of the population. Most of the treatment providers are government hospitals or government-aided centers/universities. The equipments are too costly that small clinics cannot purchase them. Installation of the equipment adds to the cost as it requires a large space. However, the market of hadron therapy will grow owing to prevalence of a huge population pool living with cancer.

Hadron Therapy Market: Region-wise Outlook

Geographically, Hadron Therapy Market  is segmented into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. Developed markets like North America is currently the leader of the market followed by Europe. Most of the treatment providers are present in North America and Europe only. However, Japan & Korea also have few facilities of therapy. India and China are also able to provide the therapy to the patients with very few service providers. It is expected that there will be around 100 hadron therapy centres across the globe by 2020, around 30% of them in Europe only.

Hadron Therapy Market: Key Players

The key players in the global Hadron Therapy Market include IBA Worldwide, Koninklijke Philips N.V., Advanced Oncotherapy, Optivus Proton Therapy, Inc., Varian Medical Systems, Inc., Hitachi, Ltd., Mevion Medical Systems, Sumitomo Corporation, ProNova Solutions, LLC, Mitsubishi Electric Corporation, ProTom International and Elekta.

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Regional analysis includes

  • North America (U.S., Canada)

  • Latin America (Mexico, Brazil and Rest of Latin America)

  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)

  • Eastern Europe (Poland, Russia and Rest of Eastern Europe)

  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)

  • Japan

  • Middle East and Africa (GCC, S. Africa, and Rest of MEA)

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