Europe 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 Europe is expected to grow from US$ 52.00 million in 2022 to US$ 82.59 million by 2028; it is estimated to register a CAGR of 8.0% 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 Europe.
Europe Medical Cyclotron Market Revenue and Forecast to 2028 (US$ Million)
Europe Medical Cyclotron Market Segmentation
The Europe 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 Europe medical cyclotron market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. Further, Germany held the largest share of the market in 2022.
A few of the key players operating in the Europe medical cyclotron market are Advanced Cyclotron Systems; ALCEN; 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 Europe Medical Cyclotron Market – By Type
1.3.2 Europe Medical Cyclotron Market – By Capacity
1.3.3 Europe Medical Cyclotron Market – By End User
1.3.4 Europe Medical Cyclotron Market – By Country
2. Europe Medical Cyclotron Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Medical Cyclotron Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe– PEST Analysis
4.3 Expert Opinion
5. Europe Medical Cyclotron Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Prevalence of Cancer
5.1.2 Surge in 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 – Europe Analysis
6.1 Europe Medical Cyclotron Market Revenue Forecast and Analysis
7. Europe Medical Cyclotron Market– By Type
7.1 Overview
7.2 Europe Medical Cyclotron Market Share, by Type, 2022 and 2028 (%)
7.3 Ring Cyclotron
7.3.1 Overview
7.3.2 Ring Cyclotron: Europe 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): Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
8. Europe Medical Cyclotron Market– By Capacity
8.1 Overview
8.2 Europe Medical Cyclotron Market Share, by Capacity, 2022 and 2028 (%)
8.3-12 MeV
8.3.1 Overview
8.3.2-12 MeV: Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
8.4-18 MeV
8.4.1 Overview
8.4.2-18 MeV: Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
8.5-24 MeV
8.5.1 Overview
8.5.2-24 MeV: Europe 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: Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
9. Europe Medical Cyclotron Market– By End User
9.1 Overview
9.2 Europe Medical Cyclotron Market Share, by End User, 2022 and 2028 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
9.4 Specialized Clinics
9.4.1 Overview
9.4.2 Specialized Clinics: Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
9.5 Pharmaceutical Companies
9.5.1 Overview
9.5.2 Pharmaceutical Companies: Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
10. Europe Medical Cyclotron Market– Country Analysis
10.1 Europe: Medical Cyclotron Market
10.1.1 Overview
10.1.2 Europe: Medical Cyclotron Market, by Country, 2022& 2028 (%)
10.1.3 Germany: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.3.1 Germany: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.3.2 Germany: Medical Cyclotron Market, by Type, 2022–2028 (USD Million)
10.1.3.3 Germany: Medical Cyclotron Market, by Capacity , 2022–2028 (USD Million)
10.1.3.4 Germany: Medical Cyclotron Market, by End User, 2022–2028 (USD Million)
10.1.4 UK: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.4.1 UK: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.4.2 UK: Medical Cyclotron Market, by Type, 2022–2028 (USD Million)
10.1.4.3 UK: Medical Cyclotron Market, by Capacity, 2022–2028 (USD Million)
10.1.4.4 UK: Medical Cyclotron Market, by End User, 2022–2028 (USD Million)
10.1.5 France: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.5.1 France: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.5.2 France: Medical Cyclotron Market, by Type, 2022–2028 (USD Million)
10.1.5.3 France: Medical Cyclotron Market, by Capacity, 2022–2028 (USD Million)
10.1.5.4 France: Medical Cyclotron Market, by End User, 2022–2028 (USD Million)
10.1.6 Italy: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.6.1 Italy: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.6.2 Italy: Medical cyclotron Market, by Type, 2022–2028 (USD Million)
10.1.6.3 Italy: Medical Cyclotron Market, by Capacity, 2022–2028 (USD Million)
10.1.6.4 Italy: Medical Cyclotron Market, by End User, 2022–2028 (USD Million)
10.1.7 Spain: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.7.1 Spain: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.7.2 Spain: Medical Cyclotron Market, by Type, 2022–2028 (USD Million)
10.1.7.3 Spain: Medical Cyclotron Market, by Capacity, 2022–2028 (USD Million)
10.1.7.4 Spain: Medical Cyclotron Market, by End User, 2022–2028 (USD Million)
10.1.8 Rest of Europe: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.8.1 Rest of Europe: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.8.2 Rest of Europe: Medical Cyclotron Market, by Type, 2022–2028 (USD Million)
10.1.8.3 Rest of Europe: Medical Cyclotron Market, by Capacity, 2022–2028 (USD Million)
10.1.8.4 Rest of Europe: Medical Cyclotron Market, by End User, 2022–2028 (USD Million)
11. Europe 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 ALCEN
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 Ionetix Corporation
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
12.10 Best Cyclotron Systems, Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 Glossary of Terms
LIST OF TABLES
Table 1. Europe Medical Cyclotron Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Medical Cyclotron Market, Type – Revenue and Forecast to 2028 (USD Million)
Table 3. Germany Medical Cyclotron Market, by Capacity – Revenue and Forecast to 2028 (USD Million)
Table 4. Germany Medical Cyclotron Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 5. UK Medical Cyclotron Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 6. UK Medical Cyclotron Market, by Capacity – Revenue and Forecast to 2028 (USD Million)
Table 7. UK Medical Cyclotron Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 8. France Medical Cyclotron Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 9. France Medical Cyclotron Market, by Capacity – Revenue and Forecast to 2028 (USD Million)
Table 10. France Medical Cyclotron Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 11. Italy Medical Cyclotron Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 12. Italy Medical Cyclotron Market, by Capacity – Revenue and Forecast to 2028 (USD Million)
Table 13. Italy Medical Cyclotron Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 14. Spain Medical Cyclotron Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 15. Spain Medical Cyclotron Market, by Capacity – Revenue and Forecast to 2028 (USD Million)
Table 16. Spain Medical Cyclotron Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 17. Rest of Europe Medical Cyclotron Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 18. Rest of Europe Medical Cyclotron Market, by Capacity – Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of Europe Medical Cyclotron Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 20. Recent Inorganic Growth Strategies in the Europe Medical Cyclotron Market
Table 21. Recent Organic Growth Strategies in the Europe Medical Cyclotron Market
Table 22. Glossary of Terms, Europe Medical Cyclotron Market
LIST OF FIGURES
Figure 1. Europe Medical Cyclotron Market Segmentation
Figure 2. Europe Medical Cyclotron Market, By Country
Figure 3. Europe Medical Cyclotron Market Overview
Figure 4.-18 MeV Segment Held Largest Share of Capacity Segment In Europe Medical Cyclotron Market
Figure 5. Germany Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. Europe PEST Analysis
Figure 7. Expert Opinion
Figure 8. Europe Medical Cyclotron Market Impact Analysis of Driver and Restraints
Figure 9. Europe Medical Cyclotron Market – Revenue Forecast And Analysis – 2022- 2028
Figure 10. Europe Medical Cyclotron Market Share, by Type, 2022 and 2028 (%)
Figure 11. Ring Cyclotron: Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 12. Azimuthally Varying Field (AVF): Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 13. Europe Medical Cyclotron Market Share, by Capacity, 2022 and 2028 (%)
Figure 14.-12 MeV: Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 15.-18 MeV: Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 16.-24 MeV: Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 17. MeV and Above: Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 18. Europe Medical Cyclotron Market Share, by End User, 2022 and 2028 (%)
Figure 19. Hospitals: Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 20. Specialized Clinics: Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 21. Pharmaceutical Companies: Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 22. Others: Europe Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 23. Europe: Medical Cyclotron Market, by Key Country – Revenue (2022) (USD Million)
Figure 24. Europe: Medical Cyclotron Market, by Country, 2022& 2028 (%)
Figure 25. Germany: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
Figure 26. UK: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
Figure 27. France: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
Figure 28. Italy: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
Figure 29. Spain: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
Figure 30. Rest of Europe: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
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