Asia Pacific Medical Cyclotron Market Analysis and Opportunities by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

Asia Pacific Medical Cyclotron Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Ring Cyclotron, Azimuthally Varying Field (AVF)); Capacity (10-12 MeV, 16-18 MeV, 19-24 MeV, 24 MeV and Above); End User (Hospitals, Specialized Clinics, Pharmaceutical Companies, Other End Users), and Country

Report Date : Feb 2021
Report Code : TIPRE00019057

Category : Life Sciences
Status : Published

Available Report Formats :
No. of Pages : 84

Page Updated: Feb 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The Asia Pacific medical cyclotron market is expected to reach US$ 51.45 million to 2027 from US$ 37.34 million in 2019, it is estimated to grow with a CAGR of 4.2% from 2020 to 2027.

The growth of the market is attributed to key driving factors such as increasing prevalence of cancer and growing inclination toward nuclear scans for accurate diagnosis. However, the high cost coupled with the procedures hinder the market growth.

A cyclotron is an electrically powered machine that produces a beam of charged particles for industrial, research, and medical purposes. In medical applications, cyclotrons have rays that are used to manufacture radioisotopes for medical imaging. Various medical cyclotrons are being used for the production of SPECT and Positron Emission Tomography (PET) isotopes used for therapeutic and other medical applications. Cyclotrons can be used in particle therapy to treat cancer by penetrating ion beams inside the body to remove tumors with radiation. Besides, proton beam therapy is used to treat tumors that do not spread in the body and, thus, do not require surgery. The prevalence of cancer is increasing every year. As per estimates by the Globocan 2018: India Factsheet, there were 1,157,294 new cancer cases and 784,821 cancer deaths in 2018. Increasing prevalence of chronic diseases like cancer, rising development of artificial radionuclides, and surging number of cancer treatment therapies are driving the Asia Pacific medical cyclotrons market.

Amid the COVID-19 outbreak, the demand for medical cyclotrons is declined as patients are at higher risk of exposure. In Asia Pacific, healthcare facilities are limiting or cancelling surgeries and sometimes screenings or other treatments if it is not recognized as a life-threatening condition. Therefore, the outbreak is likely to restrain the growth of the Asia Pacific medical cyclotron market.

Asia Pacific Medical CyclotronMarketRevenue and Forecast to 2027 (US$ Mn)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Asia PacificMedical Cyclotron MarketSegmentation

By Type

Ring Cyclotron
Azimuthally Varying Field (AVF)

By Capacity

10-12 MeV
16-18 MeV
19-24 MeV
24 MeV and Above

By End User

Hospitals
Specialized Clinics
Pharmaceutical Companies
Other End User

By Country

China
Japan
India
Australia
South Korea
Rest of Asia Pacific

Company Profiles

General Electric Company
Varian Medical Systems, Inc
IBA
Sumitomo Heavy Industries, Ltd.
Siemens AG
Advanced Cyclotron Systems
isoSolution Inc

Asia Pacific Medical Cyclotron Report Scope

Report Attribute	Details
Market size in 2019	US$ 37.34 Million
Market Size by 2027	US$ 51.45 Million
Global CAGR (2020 - 2027)	4.2%
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Type Ring Cyclotron Azimuthally Varying Field By Capacity 10-12 MeV 16-18 MeV 19-24 MeV 24 MeV and Above By End User Hospitals Specialized Clinics Pharmaceutical Companies Other End Users
Regions and Countries Covered	Asia-Pacific China India Japan Australia Rest of Asia-Pacific
Market leaders and key company profiles	General Electric Company Varian Medical Systems, Inc IBA Sumitomo Heavy Industries, Ltd. Siemens AG Advanced Cyclotron Systems isoSolution Inc

Research Manager

Mrinal Kerhalkar

Manager,
Market Research & Consulting

Mrinal is a seasoned research analyst with over 8 years of experience in Life Sciences Market Intelligence and Consulting. With a strategic mindset and unwavering commitment to excellence, she has built deep expertise in pharmaceutical forecasting, market opportunity assessment, and developing industry benchmarks. Her work is anchored in delivering actionable insights that empower clients to make informed strategic decisions.

Mrinal’s core strength lies in translating complex quantitative datasets into meaningful business intelligence. Her analytical acumen is instrumental in shaping go-to-market (GTM) strategies and uncovering growth opportunities across the pharmaceutical and medical device sectors. As a trusted consultant, she consistently focuses on streamlining workflow processes and establishing best practices, thereby driving innovation and operational efficiency for her clients.

What are the Asia Pacific Medical Cyclotron Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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