Global Medical Cyclotron Market To Record Lucrative Growth With US$ 423.7 Million By 2027

March 2022 | Report Format: Electronic (PDF)

Cyclotrons are one of the most common types of accelerators used to create radioisotopes (radioactive atoms) for medical imaging and research. Cyclotrons are widely used in the production of short-lived neutron deficient radiotracers for use in emission tomography, particularly positron emission tomography (PET). Around the world, medical cyclotrons are used to create medical isotopes such as fluorine-18 and carbon-11. A significant advantage of cyclotrons is that they produce significantly less radioactive waste than large nuclear reactors.

The growing acceptance of PET medical accelerators for cancer treatment and diagnosis is expected to drive demand for medical cyclotrons. The number of nuclear scans is increasing in tandem with the rise in cancer awareness. The global medical cyclotron market is expected to be driven by rising demand for nuclear scans and increased cancer awareness. Advances in medical imaging technologies, such as PET, are expected to fuel market growth even further.

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Medical Cyclotron Market Report Highlights

• In January 2022, IBA the world leader in particle accelerator technology and the leading provider of radiopharmaceuticals production solution launched a new low energy and compact size cyclotron, the Cyclone® KEY. The new machine will enable small and medium sized hospitals to produce their own radiopharmaceutical products in-house, whilst providing more widespread global access to diagnostic solutions in oncology, neurology and cardiology.
• In July 2021, Best Cyclotron Systems Announced successful completion of Initial Factory Acceptance Test for B6–15 MeV Proton Cyclotron.
• In October 2019, IBA announced a collaboration with the Azrieli Centre for Neuro-Radiochemistry at the Centre for Addiction and Mental Health (CAMH), a Canada-based mental health hospital and research centre, to promote nuclear medicine research and development. Azrieli Centre for Neuro-Radiochemistry will use IBA Radiopharma Solutions' cyclotron and radio synthesizer platform for research purposes as part of this collaboration.

MEDICAL CYCLOTRON MARKET SEGMENTATION

The research report published by Market Research Strategy contains industry segments, as below-

Medical Cyclotron Product Outlook (Revenue, USD Million, 2016 - 2027)

• Cyclotron 10-12 MEV
• Cyclotron 16-18 MEV
• Cyclotron 19-24 MEV
• Cyclotron 24 MEV & Above

Medical Cyclotron Application Outlook (Revenue, USD Million, 2016 - 2027)

• Diagnostic and Treatment
• Research and Development

Medical Cyclotron End User Outlook (Revenue, USD Million, 2016 - 2027)

• Hospitals
• Diagnostic Centers
• Commercial Radioisotope Manufacturers
• Research and Academic Institutes

Medical Cyclotron Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • South Africa

List of Key Players- Medical Cyclotron Market

• IBA
• GE Healthcare
• Siemens Healthineers
• Advanced Cyclotron Systems
• Sumitomo Heavy Industries, Ltd.
• Best Cyclotron Systems, Inc.
• Ionetix
• Varian Medical Systems, Inc.
• Isosolution Inc.
• Alcen

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