China Proton Therapy Industry
Proton therapy or radiotherapy is a type of particle therapy where a high energy beam of protons, subatomic particles having a positive charge, is used to irradiate and treat affected tissues. It is most often used in the treatment of cancer, apart from other methods like X-ray therapy, immunotherapy, and chemotherapy. Protons at high energy levels can kill cancer cells present in the form of malignant tumors. With the developments in oncology and the treatment technology, the use of this therapy has seen an upswing in China.
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The treatment is nearly painless and less harmless than other forms of radiotherapy. Proton therapy ensures fewer radiation doses to the surrounding healthy tissues while leaving the body, which is not so in the case of X-rays. A cyclometer or synchrotron is used to accelerate the particles to a certain velocity to increase the particle’s energy. This treatment is generally administered in an outpatient setting and does not require hospitalization. The frequency and the strength of the doses depend upon the type and stage of cancer.
The report based on the proton therapy market in China gives insights into the market status and size of the world’s biggest country and economy. The market analysis has been done on the data from the years 2015-17 and the forecast period up to 2025. The report provides information on the current applications and comparative analysis based on the pros and cons of radiotherapy has been provided. A complete profile analysis of the eight key players, along with the product portfolios and infrastructure details is given by the report. The market opportunities assessment has been done to give an informed status on the changing market scenario in China.
The report does a detailed assessment of the market segments which would help in making well-informed business choices. The reimbursement scenario in China, looking into the proton therapy clinical trials, with the analysis done on it offers a clear view of the component analysis. The data also contains information on the number of treatment rooms and proton therapy centers and those that are being built. The report also provides insights on the number of cases treated in centres across China from 2008 to 2016. The key market players are evaluated on various parameters such as product portfolio, market holdings, centers developed by the companies, and recent developments.
China appears to present significant potential and opportunities in the global market landscape. The report covers the latest key trends in terms of venture capital investment, collaborations, partnerships, agreements, and licensing. The report also explains in detail the various growth drivers and inhibitors in the proton therapy market in all regions in China. The proton therapy market in China is estimated to register a CAGR of 30% by 2025 and most likely reach a valuation of USD 10 billion. The market concentration and total shares of all companies, along with the demographics and the number of cases treated have been studied to present the competitive scenario. The key growth sectors and regions have also been identified in this report.
Varian, a leading global cancer treatment solutions provider based in California, has had a major presence in China. It has recently installed its ProBeam system in the Hefei Ion Medical Center (HIMC) in China. The system is the first to have a fully-integrated intensity-modulated proton therapy (IMPT). Its pencil-beam scanning technology enables close administering radiotherapy to minimize damage to healthy tissues. Combined with cone-beam computer technology (CBCT), it enables an image-guided sophisticated treatment procedure.
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