Global Medical Cyclotron Market 2020: Industry Trends, Size, Share, Growth Applications, SWOT Analysis by Top Key Players and Forecast Report to 2026
It is basically a machine which is used widely in the medical imaging and research field. A cyclotron machine accelerates the hybrid atom to a very high speed.
The main benefit of using the cyclotron instead of purchasing the isotopes for the medical applications is increased efficiency in the treatment.
The global medical cyclotron market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2026, at a CAGR of XX% during 2019 to 2026. The increased number of cases of the chronic disease cancer is the key factor that is driving the medical cyclotron market.
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For the advanced treatment procedures, increased investments are being made thus fuelling the growth of the market. The increase in the awareness regarding the use of cyclotrons in the diagnosis application of the deep-lying tumors is positively affecting the growth of the market. However, strict regulations that are implemented by the government, high cost coupled with the procedures and the lack of practice are the major factors expected to hamper the growth of the global market.
The global medical cyclotron market is primarily segmented based on different type, product and regions. On the basis of type, the market is divided into ring cyclotron, AVF cyclotron. Depending on product, it is categorized into cyclotron 10-12 mev, cyclotron 16-18 mev, cyclotron 19-24 mev, and cyclotron 24 mev. Region wise, it is analyzed across North America, Europe, Asia-Pacific, South America, and MEA.
On the basis of type, the market is split into:
* Ring Cyclotron
* AVF Cyclotron
On the basis of product, the market is split into:
* Cyclotron 10-12 MeV
* Cyclotron 16-18 MeV
* Cyclotron 19-24 MeV
* Cyclotron 24 MeV
Moreover, the market is classified based on regions and countries as follows:
* North America- U.S., Canada
* Europe- U.K., France, Germany, Italy and Rest of Europe
* Asia-Pacific- China, Japan, India and Rest of Asia Pacific
* South America- Brazil, Mexico and Rest of South America
* Middle East & Africa- South Africa, Saudi Arabia and Rest of Middle East & Africa
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Key Market Players:
The key players profiled in the market include:
* ALCEN
* Ebco Industries Ltd.
* General Electric Co.
* Ion Beam Applications SA
* Ionetix Corp.
* Siemens AG
* Sumitomo Heavy Industries Ltd.
* TeamBest
* Varian Medical Systems Inc.
These enterprises are focusing on growth strategies, such as new product launches, expansions, acquisitions, and agreements & partnerships to expand their operations across the globe.
Key Benefits of the Report:
* Global, regional, country, type and product market size and their forecast from 2015-2026
* Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market
* Detailed analysis on industry outlook with market specific PESTLE, and supply chain to better understand the market and build expansion strategies
* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
* Analysis on key players’ strategic initiatives and competitive developments, such as joint ventures, mergers, and new product launches in the market
* Expert interviews and their insights on market shift, current and future outlook, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, type and product with qualitative and quantitative information and facts
Target Audience:
* Medical Cyclotron Manufacturers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies
Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Government Body & Associations
* Research Institutes
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Table of Content
1. Introduction
2. Research Methodology
3. Executive Summary
4. Global Medical Cyclotron Market Overview
5. Global Medical Cyclotron Market, by Type
6. Global Medical Cyclotron Market, by Product
7. Global Medical Cyclotron Market, by Region
8. Competitive Landscape
9. Company Profiles
10. Key Insights
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