Medical Physics Market Overview
The report is titled as ‘Medical Physics Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Medical Physics market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Medical Physics market is expected to grow with significant rate in the near future.
In 2020, global medical physics market was valued at US$ XXX Mn and expected to grow significantly at a CAGR of XXX % over the forecast period
Medical Physics Introduction
Medical physics is the branch that acts on the application of physics to the necessities of medicine. Using the ideas and approaches of physics, medical physics develops the methods of prevention, diagnosis and medical care of human diseases with a particular objective of enhancing physical health and well-being. This branch is built on groundwork of physics, but with a definite body of knowledge and scholarship.
The field is majorly responsible for the technical cornerstones of radiation oncology, radiology, and nuclear medicine. The work of medical physicists by and large comprises the usage of ultrasound, x-rays, electric, and magnetic fields, ultraviolet and infra-red light, heat and lasers in diagnosis and therapy. The majority of the medical physicists operate in cancer treatment facilities, hospital diagnostic imaging departments, or hospital-based research institutions. While others function in industry, universities, and government. The rise in prevalence of chronic diseases among the population along with growing healthcare expenditure is majorly fostering the medial physics market which is projected to boost its growth over the following years. Also, over the past years, the focus on medical care and development of the healthcare industry has bolstered at a rapid pace, which is estimated to further accelerate the growth of the global medical physics market over the coming years.
Medical Physics Market Segmentation
The global medical physics market is segmented on the basis of modality, offering, end user, and region
By Modality
X-Ray Systems
Radiographic X-Ray Systems
Fluoroscopic X-Ray Systems
Mammographic Systems
Computed Tomography
Magnetic Resonance Imaging
Single-Photon Emission Computed Tomography (SPECT)
Positron Emission Tomography (PET)
Others
Therapeutic Modality
Brachytherapy
Mammography
Nuclear Medicine
Others
By Offering
Cyclotron
Synchrotron
Cyberknife
Linac
Services
Accreditation Assistance
Performance Testing
Physics Testing
Radiation Dose Monitoring
Radiation Safety Training
Treatment Commissioning Services
Safety Surveys
Regulatory and Auditing Services
Others
By End User
Ambulatory Surgical Centers
Diagnostic Imaging Centers
Academic and Research Institutes
By Region
North America
Latin America
Asia Pacific
Europe
Middle East
Africa
Medical Physics Market Key Players
Some of the key participating players in global medical physics market are:
LANDAUER
Medical Physics Services Consultants, Inc.
Krueger-Gilbert Health Physics, Inc.
Alyzen Medical Physics Services
Radiation Safety & Control Services, Inc.
Upstate Medical Physics Services
Dade Moeller & Associates
Versant Medical Physics Services & Radiation Safety
Alliance Medical Physics Services LLC,
West Physics Consulting, LLC
Associates in Medical Physics Services
Radiation Services, Inc.
Jaeger Corporation
Petrone Associates, LLC
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of Medical Physics
Advantages of Medical Physics
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.
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The medical physics market is estimated to reach at a value of US$ *** Mn by the end of 2022 and expected to reach at a value of US$ *** Mn by 2030 with a significant CAGR of ***%.
The base year for the report is 2021 in medical physics market.
The global medical physics market is segmented on the basis of modality, offering, end user, and region.
some of the key participating players in the medical physics market globally are Medical Physics Services LLC, LANDAUER, Medical Physics Services Consultants, Inc., Krueger-Gilbert Health Physics, Inc., Alyzen Medical Physics Services, Radiation Safety & Control Services, Inc., Upstate Medical Physics Services, Dade Moeller & Associates, Versant Medical Physics Services & Radiation Safety, Alliance Medical Physics Services LLC,, West Physics Consulting, LLC, Associates in Medical Physics Services, Radiation Services, Inc., Jaeger Corporation, Petrone Associates, LLC, among others.