Owing to the the growth in the cancer incidences in China, various technologically advanced therapies are now being introduced in the country. One such adavnced technology is the, Proton Therapy, which is one of the most advanced radiation technique available today. Unfortunately, the access to proton therapy is limited for a vast population, owing to a low number of proton therapy centers. Hence, many research institutions and hospitals have now started investing in proton therapy to make it more accessible to patients.
According to the “China Proton Therapy Outlook 2020” report by RNCOS, by 2020, China will have nine proton therapy centers. Consequently, the market will attain revenue of around US$ 165 Million by 2020, growing at a CAGR of 68% during the forecast period (2015-2020). The report also provides an insight into the cancer demographics of China and the various possible reasons for a high cancer incidence in the country.
Based on a complex correlation-regression model accounting population demographics, disease statistics, macro & micro economic indicators of the country, etc., The report provides potential market in China. The report also includes the current and future demands for the number of proton therapy centers in the country. Furthermore, analysis of the current and upcoming proton therapy centers, along with an estimation of the shortage of proton centers in the current and future scenario is also provided in the report, which can help the service providers and the vendors to extract benefits from the largely untapped but lucrative market.
The report also provides an insight of the drivers, restraints, opportunities and market trends which would have a major influence in shaping the growing market. On the competitive front, the report covers the current stand of the market and its probable transformation by 2020. There is also a ‘strengths-weakness’ analysis of equipment vendors along with their business overviews, products & services, and existing & planned installations in China till 2020, thus making it a must read for consultants and companies planning to enter the market.