Asia Pacific Medical Cyclotron Market to Grow at a CAGR of 4.2% to reach US$ 51.45 million from 2020 to 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 Code : TIPRE00019057
  • Category : Medical Device
  • Status : Published
  • No. of Pages : 84

Asia Pacific Medical Cyclotron Market to Grow at a CAGR of 4.2% to reach US$ 51.45 million from 2020 to 2027

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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)

RD Description
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

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 Market 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
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage

Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

Segment Covered

Type , Capacity, End User, and Country

Regional Scope

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

Country Scope

Australia, China, Japan, South Korea

  1. General Electric Company
  2. Varian Medical Systems, Inc
  3. IBA
  4. Sumitomo Heavy Industries, Ltd.
  5. Siemens AG
  6. Advanced Cyclotron Systems
  7. isoSolution Inc

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