According to a market report by Lucintel, the future of the global medical cyclotron market looks promising with opportunities in the hospital, diagnostic center, research and academic institute markets. The global medical cyclotron market is expected to reach an estimated $0.5 billion by 2030 with a CAGR of 10.1% from 2024 to 2030.
The major drivers for this market are the growing geriatric population, rising incidence of cancer, and increasing investments in advanced treatment procedures.
A more than 150 – page report is developed to understand trends, opportunity and forecast in medical cyclotron market to 2030 by type (ring cyclotron, azimuthally varying field cyclotron), product type (cyclotron 10-12 MeV, cyclotron 16-18 MeV, cyclotron 19-24 MeV, and cyclotron 24 MeV and above), end use (hospitals, diagnostic centers, and research & academic institutes), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, cyclotron 10-12 MeV, cyclotron 16-18 MeV, cyclotron 19-24 MeV, and cyclotron 24 MeV are the major segments of medical cyclotron market by product type.
Lucintel forecasts that cyclotron 16-18 MeV is expected to witness highest growth over the forecast period due to the increasing demand for nuclear scans, rising prevalence of cancer, and growing cancer awareness among population.
Within this market, hospitals will remain the largest segment.
APAC will remain the largest region over the forecast period due to growing demand for nuclear scans, increasing number of cancer patients and rising investments in healthcare infrastructure in the region.
Advanced Cyclotron Systems, Alcen, Best Medical International, General Electric Company, IBA Radiopharma Solutions, Ionetix Corporation, Isosolution, Siemens, Sumitomo Heavy Industries, and Varian Medical Systems are the major suppliers in the medical cyclotron market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]