Market Overview:
The global particle accelerators market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for particle accelerators for various applications such as healthcare, research institutes, and industrial applications. In addition, the growing demand for low-energy and high-energy particle accelerators is also contributing to the growth of this market. Based on type, the global particle accelerator market can be segmented into low-energy particle accelerator and high-energy particle accelerator. The low-energy segment is projected to grow at a higher CAGR than the high-energy segment during the forecast period from 2018 to 2030.
Product Definition:
Particle accelerators are devices that use electric fields to propel particles to high speeds. They have a variety of applications, including cancer treatment, material analysis, and research into the fundamental properties of matter.
Low-energy Particle Accelerator:
Low-energy particle accelerator (LEPA) is a type of particle accelerator which uses electromagnetic radiation to accelerate charged particles to high speeds. The term “low energy” in the name refers to low mass and high velocity of particles that are accelerated. In contrast, traditional or High Energy Particle Accelerators (HEPAs) use nuclear reactions for accelerating charged particles; these accelerators produce very high temperatures and pressures, resulting in significant costs and technical difficulties.
High-energy Particle Accelerator:
High-energy particle accelerator (HEPAs) are used in particle accelerators to accelerate particles to high speeds. The most common types of high-energy particle accelerators include electron beam tubes, linear accelerators, and ion beam tubes. HEPAs can be categorized on the basis of their applications as medical equipment, industrial processes & research equipment or nuclear power plant systems.
Application Insights:
Healthcare was the largest application segment in 2017 and accounted for a market share of more than 30% in 2018. The growing demand for particle accelerators to treat cancer, deliver high energy particles to the treatment room, accelerate cardiac therapies and reduce radiation exposure is expected to drive growth over the forecast period.
The research institutes segment is anticipated to witness substantial growth over the forecast period owing to increasing R&D activities in various fields such as healthcare, electronics & semiconductors manufacturing and space exploration. Research institutes require highly sophisticated equipment which costs approximately USD 10 million or more depending upon its power consumption requirements. This factor will ensure that accelerators remain at the forefront of technological advancements throughout their lifespan thereby ensuring continuous product demand from 2022-2030 CE onward.
Regional Analysis:
North America accounted for the largest share of over 40% in 2017. The U.S., being a developed economy, has higher penetration of larger and more advanced particle accelerators that can generate more revenue for the market players operating in this region. However, Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% during the forecast period owing to increasing R&D activities and healthcare applications in emerging economies such as China and India.
Growth Factors:
- Increasing demand for cancer treatment and research
- Growing number of research institutes and universities
- Rising government funding for particle accelerator technology development
- Proliferation of nanotechnology and its applications
- Technological advancements in particle accelerators
Scope Of The Report
Report Attributes
Report Details
Report Title
Particle Accelerators Market Research Report
By Type
Low-energy Particle Accelerator, High-energy Particle Accelerator
By Application
Healthcare, Research Institutes, Industrial
By Companies
Mitsubishi Heavy Industries, Varian, Elekta, ACCURAY, Philips, GE Healthcare, Toshiba, Varex, Shinva, Neusoft, Top Grade Healthcare, Huiheng Medical, Hamming
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Particle Accelerators Market Report Segments:
The global Particle Accelerators market is segmented on the basis of:
Types
Low-energy Particle Accelerator, High-energy Particle Accelerator
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Healthcare, Research Institutes, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitsubishi Heavy Industries
- Varian
- Elekta
- ACCURAY
- Philips
- GE Healthcare
- Toshiba
- Varex
- Shinva
- Neusoft
- Top Grade Healthcare
- Huiheng Medical
- Hamming
Highlights of The Particle Accelerators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low-energy Particle Accelerator
- High-energy Particle Accelerator
- By Application:
- Healthcare
- Research Institutes
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Particle Accelerators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Particle accelerators are machines that use powerful magnets and electric fields to accelerate particles to high speeds. This allows scientists to study the properties of these particles in great detail.
Some of the major companies in the particle accelerators market are Mitsubishi Heavy Industries, Varian, Elekta, ACCURAY, Philips, GE Healthcare, Toshiba, Varex, Shinva, Neusoft, Top Grade Healthcare, Huiheng Medical, Hamming.
The particle accelerators market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Particle Accelerators Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Particle Accelerators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Particle Accelerators Market - Supply Chain
4.5. Global Particle Accelerators Market Forecast
4.5.1. Particle Accelerators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Particle Accelerators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Particle Accelerators Market Absolute $ Opportunity
5. Global Particle Accelerators Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Particle Accelerators Market Size and Volume Forecast by Type
5.3.1. Low-energy Particle Accelerator
5.3.2. High-energy Particle Accelerator
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Particle Accelerators Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Particle Accelerators Market Size and Volume Forecast by Application
6.3.1. Healthcare
6.3.2. Research Institutes
6.3.3. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Particle Accelerators Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Particle Accelerators Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Particle Accelerators Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Particle Accelerators Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Particle Accelerators Demand Share Forecast, 2019-2026
9. North America Particle Accelerators Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Particle Accelerators Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Particle Accelerators Market Size and Volume Forecast by Application
9.4.1. Healthcare
9.4.2. Research Institutes
9.4.3. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Particle Accelerators Market Size and Volume Forecast by Type
9.7.1. Low-energy Particle Accelerator
9.7.2. High-energy Particle Accelerator
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Particle Accelerators Demand Share Forecast, 2019-2026
10. Latin America Particle Accelerators Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Particle Accelerators Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Particle Accelerators Market Size and Volume Forecast by Application
10.4.1. Healthcare
10.4.2. Research Institutes
10.4.3. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Particle Accelerators Market Size and Volume Forecast by Type
10.7.1. Low-energy Particle Accelerator
10.7.2. High-energy Particle Accelerator
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Particle Accelerators Demand Share Forecast, 2019-2026
11. Europe Particle Accelerators Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Particle Accelerators Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Particle Accelerators Market Size and Volume Forecast by Application
11.4.1. Healthcare
11.4.2. Research Institutes
11.4.3. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Particle Accelerators Market Size and Volume Forecast by Type
11.7.1. Low-energy Particle Accelerator
11.7.2. High-energy Particle Accelerator
11.8. Basis Point Share (BPS) Analysis by Tye
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Particle Accelerators Demand Share, 2019-2026
12. Asia Pacific Particle Accelerators Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Particle Accelerators Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Particle Accelerators Market Size and Volume Forecast by Application
12.4.1. Healthcare
12.4.2. Research Institutes
12.4.3. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Particle Accelerators Market Size and Volume Forecast by Type
12.7.1. Low-energy Particle Accelerator
12.7.2. High-energy Particle Accelerator
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Particle Accelerators Demand Share, 2019-2026
13. Middle East & Africa Particle Accelerators Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Particle Accelerators Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Particle Accelerators Market Size and Volume Forecast by Application
13.4.1. Healthcare
13.4.2. Research Institutes
13.4.3. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Particle Accelerators Market Size and Volume Forecast by Type
13.7.1. Low-energy Particle Accelerator
13.7.2. High-energy Particle Accelerator
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Particle Accelerators Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Particle Accelerators Market: Market Share Analysis
14.2. Particle Accelerators Distributors and Customers
14.3. Particle Accelerators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mitsubishi Heavy Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Varian
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Elekta
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ACCURAY
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Philips
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GE Healthcare
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Toshiba
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Varex
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shinva
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Neusoft
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Top Grade Healthcare
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Huiheng Medical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hamming
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
