Global Vertical Medical Cyclotron Market Research Report 2024(Status and Outlook)

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• The global Vertical Medical Cyclotron market size was valued at US$ 95.7 million in 2024 and is projected to reach US$ 132.8 million by 2030, at a CAGR of 5.6% during the forecast period 2024-2030.

• The United States Vertical Medical Cyclotron market size was valued at US$ 28.4 million in 2024 and is projected to reach US$ 37.9 million by 2030, at a CAGR of 4.9% during the forecast period 2024-2030.

Report Studies

• The global Vertical Medical Cyclotron market is growing steadily, driven by the increasing demand for compact cyclotron solutions in urban healthcare settings, advancements in cyclotron technology, and the expanding applications of radioisotopes in precision medicine. In 2023, there were approximately 250 vertical medical cyclotrons installed worldwide, with Asia-Pacific showing the fastest growth rate, accounting for 35% of new installations. PET radioisotope production remains the primary application, representing 80% of usage, followed by research applications at 15%. The market benefited from the growing trend of installing cyclotrons in major hospitals and radiopharmacy networks, leading to a 10% increase in vertical cyclotron adoptions in 2023. Technological advancements have focused on improving beam stability, enhancing target systems, and integrating advanced control software

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