Asia Pacific Medical Cyclotron Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type [Ring Cyclotron and Azimuthally Varying Field (AVF)], Capacity (10-12 MeV, 16-18 MeV, 19-24 MeV, and 24 MeV and Above), and End User (Hospitals, Specialized Clinics, Pharmaceutical Companies, and Others)
The medical cyclotron market in Asia Pacific is expected to grow from US$ 42.62 million in 2022 to US$ 72.18 million by 2028; it is estimated to register a CAGR of 9.2% from 2022 to 2028.
Nuclear medicine is a highly specialized area that develops and uses instruments and radiopharmaceuticals to investigate the physiological processes of patients and diagnose diseases noninvasively. Nuclear medicines are used to cure diseases, including different types of cancer, heart disease, psychiatric conditions, and gastrointestinal diseases. These medicines can be used to diagnose several disorders that require surgery, biopsy, or other invasive diagnostic tests. The introduction of advanced devices with a built-in shield and technological compatibility with positron emission tomography (PET) and single-photon emission computerized tomography (SPECT) devices is responsible for an increase in the acceptability of these devices. The rising acceptability of cyclotrons is likely to boost the market growth. Moreover, the high prevalence of cardiovascular diseases (CVDs) propels the market for nuclear medicines. Targeted treatments for a particular disease are easy to implement in clinics, and high efficacy and lesser side effects of the molecular imaging approach are the main advantages of personalized medicines. Further, thyroid cancer is one of the most common types of cancer that is either diagnostic or therapeutic. Molecular imaging plays an important role in the diagnosis and treatment of thyroid cancer as it aids visual representation, classification, and quantification of biological characteristics of cells and tissues in patients; using this method, healthcare providers can also provide personalized health management. Thus, the results of multimodal nuclear imaging could be used to develop a lesion-based strategy for patients with multiple heterogeneous metastatic lesions, which is driving the growth of the medical cyclotrons market in Asia Pacific.
Asia Pacific Medical Cyclotron Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Medical Cyclotron Market Segmentation
The Asia Pacific medical cyclotron market is segmented into type, capacity, end user, and country. Based on type, the market is bifurcated into ring cyclotron and azimuthally varying fields (AVF). The ring cyclotron segment held the larger share of the market in 2022. Based on capacity, the market is segmented into 10-12 MeV, 16-18 MeV, 19-24 MeV, and 24 MeV and above. In 2022, the 16-18 MeV segment held the largest share of the market. Based on end user, the market is categorized into hospitals, specialized clinics, pharmaceutical companies, and others. In 2022, the hospitals segment held the largest share of the market. Based on country, the Asia Pacific medical cyclotron market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. Further, China held the largest share of the market in 2022.
A few of the key players operating in the Asia Pacific medical cyclotron market are Advanced Cyclotron Systems; Best ABT Molecular Imaging, Inc; Best Cyclotron Systems, Inc.; General Electric Company; IBA; Ionetix Corporation; isoSolution Inc.; Siemens AG; and Sumitomo Heavy Industries, Ltd.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Medical Cyclotron Market – By Type
1.3.2 APAC Medical Cyclotron Market – By Capacity
1.3.3 APAC Medical Cyclotron Market – By End User
1.3.4 APAC Medical Cyclotron Market – By Country
2. APAC Medical Cyclotron Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Medical Cyclotron Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 APAC – PEST Analysis
4.3 Expert Opinion
5. APAC Medical Cyclotron Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Prevalence of Cancer
5.1.2 Growing Inclination Toward Nuclear Scans for Accurate Diagnosis
5.2 Market Restraints
5.2.1 High Cost of Procedures and Lack of Expertise
5.3 Future Trends
5.3.1 Rising Availability of Technologically Advanced Diagnostic Devices
5.4 Market Opportunities
5.4.1 Rise in Acceptance for Particle Accelerators
5.5 Impact Analysis
6. Medical Cyclotron Market – APAC Analysis
6.1 APAC Medical Cyclotron Market Revenue Forecast and Analysis
7. APAC Medical Cyclotron Market– By Type
7.1 Overview
7.2 APAC Medical Cyclotron Market Share, by Type, 2022 and 2028 (%)
7.3 Ring Cyclotron
7.3.1 Overview
7.3.2 Ring Cyclotron: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
7.4 Azimuthally Varying Field (AVF)
7.4.1 Overview
7.4.2 Azimuthally Varying Field (AVF): APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
8. APAC Medical Cyclotron Market– By Capacity
8.1 Overview
8.2 APAC Medical Cyclotron Market Share, by Capacity, 2022 and 2028 (%)
8.3-12 MeV
8.3.1 Overview
8.3.2-12 MeV: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
8.4-18 MeV
8.4.1 Overview
8.4.2-18 MeV: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
8.5-24 MeV
8.5.1 Overview
8.5.2-24 MeV: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
8.6 MeV and Above
8.6.1 Overview
8.6.2 MeV and Above: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
9. APAC Medical Cyclotron Market– By End User
9.1 Overview
9.2 APAC Medical Cyclotron Market Share, by End User, 2022 and 2028 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
9.4 Specialized Clinics
9.4.1 Overview
9.4.2 Specialized Clinics: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
9.5 Pharmaceutical Companies
9.5.1 Overview
9.5.2 Pharmaceutical Companies: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
10. APAC Medical Cyclotron Market– Country Analysis
10.1 APAC: Medical Cyclotron Market
10.1.1 Overview
10.1.3 APAC: Medical Cyclotron Market, by Country, 2022 & 2028 (%)
10.1.4 China: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.4.1 China: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.4.2 China: Medical Cyclotron Market, by Type, 2022–2028 (USD Million)
10.1.4.3 China: Medical Cyclotron Market, by Capacity, 2022–2028 (USD Million)
10.1.4.4 China: Medical Cyclotron Market, by End User, 2022–2028 (USD Million)
10.1.5 Japan: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.5.1 Japan: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.5.2 Japan: Medical Cyclotron Market, by Type, 2022–2028 (USD Million)
10.1.5.3 Japan: Medical Cyclotron Market, by Capacity, 2022–2028 (USD Million)
10.1.5.4 Japan: Medical Cyclotron Market, by End User, 2022–2028 (USD Million)
10.1.6 India: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.6.1 India: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.6.2 India: Medical Cyclotron Market, by Type, 2022–2028 (USD Million)
10.1.6.3 India: Medical Cyclotron Market, by Capacity, 2022–2028 (USD Million)
10.1.6.4 India: Medical Cyclotron Market, by End User, 2022–2028 (USD Million)
10.1.7 South Korea: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.7.1 South Korea: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.7.2 South Korea: Medical Cyclotron Market, by Type, 2022–2028 (USD Million)
10.1.7.3 South Korea: Medical Cyclotron Market, by Capacity, 2022–2028 (USD Million)
10.1.7.4 South Korea: Medical Cyclotron Market, by End User, 2022–2028 (USD Million)
10.1.8 Australia: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.8.1 Australia: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.8.2 Australia: Medical Cyclotron Market, by Type, 2022–2028 (USD Million)
10.1.8.3 Australia: Medical Cyclotron Market, by Capacity, 2022–2028 (USD Million)
10.1.8.4 Australia: Medical Cyclotron Market, by End User, 2022–2028 (USD Million)
10.1.9 Rest of APAC: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.9.1 Rest of APAC: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.9.2 Rest of APAC: Medical Cyclotron Market, by Type, 2022–2028 (USD Million)
10.1.9.3 Rest of APAC: Medical Cyclotron Market, by Capacity, 2022–2028 (USD Million)
10.1.9.4 Rest of APAC: Medical Cyclotron Market, by End User, 2022–2028 (USD Million)
11. APAC Medical Cyclotron Market –Industry Landscape
11.1 Overview
11.2 Inorganic Growth Strategies
11.2.1 Overview
11.3 Organic Growth Strategies
11.3.1 Overview
12. Company Profiles
12.1 General Electric Company
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Best ABT Molecular Imaging, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 IBA
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Sumitomo Heavy Industries, Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Siemens AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Advanced Cyclotron Systems
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 isoSolution Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Ionetix Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Best Cyclotron Systems, Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 Glossary of Terms
LIST OF TABLES
Table 1. APAC Medical Cyclotron Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. China: Medical Cyclotron Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 3. China: Medical Cyclotron Market, by Capacity – Revenue and Forecast to 2028 (USD Million)
Table 4. China: Medical Cyclotron Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 5. Japan Medical Cyclotron Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 6. Japan: Medical Cyclotron Market, by Capacity – Revenue and Forecast to 2028 (USD Million)
Table 7. Japan: Medical Cyclotron Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 8. India Medical Cyclotron Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 9. India: Medical Cyclotron Market, by Capacity – Revenue and Forecast to 2028 (USD Million)
Table 10. India: Medical Cyclotron Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 11. South Korea Medical Cyclotron Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 12. South Korea: Medical Cyclotron Market, by Capacity – Revenue and Forecast to 2028 (USD Million)
Table 13. South Korea: Medical Cyclotron Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 14. Australia Medical Cyclotron Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 15. Australia: Medical Cyclotron Market, by Capacity – Revenue and Forecast to 2028 (USD Million)
Table 16. Australia: Medical Cyclotron Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 17. Rest of APAC: Medical Cyclotron Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 18. Rest of APAC: Medical Cyclotron Market, by Capacity – Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of APAC: Medical Cyclotron Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 20. Recent Inorganic Growth Strategies in the APAC Medical Cyclotron Market
Table 21. Recent Organic Growth Strategies in the APAC Medical Cyclotron Market
Table 22. Glossary of Terms, APAC Medical Cyclotron Market
LIST OF FIGURES
Figure 1. APAC Medical Cyclotron Market Segmentation
Figure 2. APAC Medical Cyclotron Market, By Country
Figure 3. APAC Medical Cyclotron Market Overview
Figure 4.-18 MeV Segment Held Largest Share of Capacity Segment In APAC Medical Cyclotron Market
Figure 5. China Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. APAC PEST Analysis
Figure 7. Expert Opinion
Figure 8. APAC Medical Cyclotron Market Impact Analysis of Driver and Restraints
Figure 9. APAC Medical Cyclotron Market – Revenue Forecast And Analysis – 2022- 2028
Figure 10. APAC Medical Cyclotron Market Share, by Type, 2022 and 2028 (%)
Figure 11. Ring Cyclotron: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 12. Azimuthally Varying Field (AVF): APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 13. APAC Medical Cyclotron Market Share, by Capacity, 2022 and 2028 (%)
Figure 14.-12 MeV: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 15.-18 MeV: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 16.-24 MeV: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 17. MeV and Above: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 18. APAC Medical Cyclotron Market Share, by End User, 2022 and 2028 (%)
Figure 19. Hospitals: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 20. Specialized Clinics: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 21. Pharmaceutical Companies: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 22. Others: APAC Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 23. APAC: Medical Cyclotron Market, by Key Country – Revenue (2022) (USD Million)
Figure 24. APAC: Medical Cyclotron Market, by Country, 2022 & 2028 (%)
Figure 25. China: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
Figure 26. Japan: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
Figure 27. India: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
Figure 28. South Korea: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
Figure 29. Australia: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
Figure 30. Rest of APAC: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific Medical Cyclotron Market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Medical Cyclotron Market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Medical Cyclotron Market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution