Boron Neutron Capture Therapy (BNCT) Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Boron Neutron Capture Therapy (BNCT) Market SizeAccording to new survey, global Boron Neutron Capture Therapy (BNCT) market is projected to reach US$ 2090.2 million in 2029, increasing from US$ 96.6 million in 2022, with the CAGR of 51.3% during the period of 2023 to 2029.
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Boron Neutron Capture Therapy (BNCT) Market
Boron Neutron Capture Therapy (BNCT) is a radiation science which is emerging as a hopeful tool in treating cancer, by selectively concentrating boron compounds in tumour cells and then subjecting the tumour cells to epithermal neutron beam radiation.
Benefits of BNCT:
Biophysical Precision
Effective in treating recurrent, multiple, and untreated cancers
Targets cancer at cellular level
Selectively destroys cancer cells
Eliminates the need for respiratory gating and internal markers
Efficient Treatment
One to two treatment sessions
Treats primary and undetected local microscopic cancer cells in parallel
Potential for more patient throughput than other radiation therapies
Better Patient Experience
Does not require high-level patient positioning, improving patient comfort and reducing staff workload
Potential to greatly reduce side effects and improve patient quality of life
The major global manufacturers of Boron Neutron Capture Therapy (BNCT) include Neutron Therapeutics, Sumitomo Heavy Industries, International Particle Therapy Inc (IPT), RaySearch, Neuboron Medtech, TAE Life Sciences, Stella Pharma, etc. The world's top five vendors accounted for approximately 58% of the revenue.
Asia-Pacific is the largest market, has a share about 61%, followed by North America, and Europe, with share24% and 13%, separately.
In terms of product type, Equipment is the largest segment, occupied for a share of 60%, and in terms of application, Head and Neck Cancer has a share about 55 percent.
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Segment by Type
• Equipment
• Solution
• Drug
Segment by Application
• Head and Neck Cancer
• Brain Tumor
• Others
By Company
Neutron Therapeutics, Sumitomo Heavy Industries, International Particle Therapy Inc (IPT), RaySearch, Neuboron Medtech, TAE Life Sciences, Stella Pharma
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