U.S. proton therapy market to reach $1B by 2022

The U.S. proton therapy market is expected to reach $1 billion in revenues by 2022, growing at a compound annual growth rate of more than 16%, according to a new report from Research and Markets.

By that time, the U.S. will have 38 proton therapy centers, the company predicted.

Access to proton therapy has been limited, due to a low number of proton therapy centers and insurance coverage barriers. But as more hospitals invest in proton therapy and insurance coverage improves -- the technology is now covered by Medicare -- the use of proton therapy is expected to increase, Research and Markets said.

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