Gamma Knife Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

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Report Code: ZMR-3106 | Report Format : | Status : Upcoming |

Abstract

Global Gamma Knife Market: Overview

Gamma knife is a fine beam technology that is specifically designed to treat the tissues of the brain during radiosurgery. Apart from brain tissues, it also assists in treating trigeminal neuralgia and vascular malformations. This product with the advanced technology was introduced in the market 50 years ago that was used to cure 80,000 patients per year. It has achieved a well-reputed position in the market for intracranial surgery. American Shared Hospital Services is one of the leading suppliers of the gamma knife.

Global Gamma Knife Market: Growth Factors

Gamma knives have gained relatively high demand across the globe, owing to the ease in treating issues that usually require incisions in the scalp or to cure severe lesions in the inaccessible regions of the brain. Past records of the high rate of success and its high specificity have projected to augment the growth of the global gamma knife market over the forecast period. It treats the specific area with high precision generating higher accuracy. Extra margin or volume surrounding the target is rarely added and hence are unable to compensate for any possible shifts of the target. This acts as a factor of a shift in the preference of doctors over the gamma knife to more cost-effective equipment. The side effects and its potential risks are the major factors restraining the market of gamma knife.

With the growth of healthcare sector across the globe and its rising requirements, attributed to the high preference for a sophisticated and higher range of accuracy, the market of gamma knife is anticipated to acquire a rapid growth over the forecast period.

Global Gamma Knife Market: Segmentation

The global gamma knife market can be classified into eight major segments based on its applications such as in the treatment of brain metastases, arteriovenous malformations, facial nerve pain (trigeminal neuralgia), meningiomas, acoustic neuromas, gliomas, pituitary tumors, and others.

Global Gamma Knife Market: Regional Analysis

The United States in North America contributes to the maximum share followed by Canada whereas the United Kingdom in Europe is foreseen as the active player in the market of Gamma knife. The emerging growth of China and Japan in the Asia Pacific leads to the increased market share in this region. It is then followed by Latin America and The Middle East and Africa that is projected to show a gradual rise in the subsequent years.

Global Gamma Knife Market: Competitive Players

Elekta AB holds the patent for Gamma Knife in the global market. However, the other companies are manufacturing the product with the same technology such as Varian Medical Systems (RapidArc®: deliver highly conformal dose distributions to tumors of the lung, brain, spine and other areas of the body with the help of 360-degree rotation in less than 2 minutes), Accuray Incorporated (CyberKnife: treat cancer anywhere on the body in minimum one to maximum five radiation treatments), Cyber Medical Corporation Limited and many others.

Global Gamma Knife Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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