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What key factors are powering the surge in the linear particle accelerators market right now?

In the past few years, the linear particle accelerators market has seen significant growth. The worth of this market is projected to increase from $2.59 billion in 2024 to $2.75 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%. The notable growth during the historical period comes from an increased need for cancer treatment, government efforts and financial support, enhancement in treatment results, development of healthcare facilities, and collaborative activities and partnerships.

How fast Is the linear particle accelerators market expected to grow, and what’s its future value?

The market for linear particle accelerators is projected to witness significant expansion in the coming years, with a predicted growth to $3.48 billion in 2029 at a compounded annual growth rate (CAGR) of 6.0%. Factors driving this growth during the estimated period include the burgeoning demand for precision medicine, a rise in the acceptance of proton therapy, an aging populace, expanding markets, and investment in research and development. Key trends expected during this period comprise the incorporation of artificial intelligence, widespread use of proton therapy, individualized medicine strategies, less invasive treatments, and worldwide market proliferation.

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What are the leading drivers of growth in the linear particle accelerators market?

The rising attention towards precision medicine is projected to fuel the linear particle accelerators market’s expansion. Precision medicine is a revolutionary approach to healthcare that individualizes medical treatment and interventions based on the unique traits of each patient. This increasing focus on precision medicine can be ascribed to the progress in genomic research and technology, acknowledging the restrictions of conventional healthcare methods and the potential of customized treatments for improved results. Linear particle accelerators have a significant application in precision medicine providing targeted radiation therapy, enabling meticulous tumor targeting while minimizing harm to surrounding healthy tissues. For example, in 2022, as per the Personalized Medicine Coalition, a professional membership group based in the US, the Center for Drug Evaluation and Research (CDER) of the Food and Drug Administration approved 37 new molecular entities (NMEs) in this year. Among the 35 therapeutic NMEs, nearly 34%, which comes to 12 of them, are classified as personalized medicines by the Personalized Medicine Coalition (PMC). Consequently, the intensifying focus on precision medicine is propelling the expansion of the linear particle accelerators market.

What are the key segments defining the linear particle accelerators market?

The linear particle accelerators market covered in this report is segmented –

1) By Type: Low-energy Machine, Medium-energy Machine, High-energy Machine

2) By Therapy: Radio Surgery, Radiation Therapy

3) By Applications: Prostate Cancer, Breast Cancer, Lung Cancer, Head and Neck Cancers, Colorectal Cancers, Other Applications

4) By End User: Radiology Clinics, Hospitals, Other End Users

Subsegments:

1) By Low-Energy Machine: Medical Linacs (Linear Accelerators For Radiation Therapy), Research Linacs

2) By Medium-Energy Machine: Industrial Accelerators (Used In Materials Testing, Radiation Processing), Synchrotron Radiation Facilities

3) By High-Energy Machine: High-Energy Physics Research (Accelerators For Particle Collisions, Large Hadron Collider), Nuclear Medicine Accelerators (For Production Of Radioisotopes)

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Who are the key players steering the development of the linear particle accelerators market?

Major companies operating in the linear particle accelerators market are Hitachi Ltd., Mitsubishi Electric Corporation, Toshiba Corporation, Siemens Healthineers, Philips, Beckman Coulter Inc., Carl Zeiss, Elekta AB, Neusoft Corporation, Shinva Medical Instrument Co. Ltd., ALCEN, Laird Technologies, Accuray Incorporated, Brainlab AG, AccSys Technology, Mevion Medical Systems, Viewray Medical Technologies Inc., RefleXion Medical, Panacea Medical Technologies Pvt. Ltd., Altair Technologies, Sordina lort Technologies, MedAustron, LUM GmbH, IBA Group, P-Cure Ltd.

What are the key trends shaping the future of the linear particle accelerators market?

Leading entities active in the linear particle accelerators market are pioneering new solutions, such as AI-infused adaptive computed tomography linear particle accelerators (CT-Linac), aiming to transform cancer treatments by providing superior accuracy, tailored therapy, and real-time imaging for better patient results. These AI-enabled, adaptive computed tomography linear particle accelerators are progressive medical equipment that merge artificial intelligence algorithms with computed tomography processes and particle acceleration abilities to facilitate precise and individualized radiation therapy procedures with immediate imaging and adaptive treatment strategies. For instance, in May 2024, Elekta, a company dedicated to human care based in Sweden, introduced Elekta Evo, an adaptive CT-Linac propelled by AI. Designed specifically for radiation therapy, this linear particle accelerator grants clinicians extraordinary exactness and flexibility in treating cancer. Evo provides doctors with unmatched levels of precision and adaptability in cancer remedies, thanks to its advanced image quality and real-time adjustability. Elekta Evo employs top-of-the-line imaging technologies, anatomy-focused algorithms, and powerful AI to enhance the treatment planning process, minimize damage to organs at risk, and mitigate doubt.

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Which regions are most influential in expanding the linear particle accelerators market?

North America was the largest region in the linear particle accelerators market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the linear particle accelerators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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