Gamma knife devices market is propelling by the increase in demand of non-invasive procedures, rise in the prevalence of brain cancers, and rise in ageing of population globally. In addition, high success rate of gamma knife treatment, short recovery period, favorable health insurance policies, high government initiatives, growing awareness on radiation therapy are anticipated to boost the gamma knife devices market. However, stringent regulations for the approval of the radiation devices, high cost for gamma knife devices and lack of awareness in developing regions are expected to hinder the gamma knife devices market. Gamma knife device many alternative therapies namely cyber knife, linac radiosurgery, conventional brain surgery, proton therapy, and modified linear accelerators. Moreover, lack of skilled healthcare professionals to use the radiation devices and side effects of radiation therapy further hampering the growth of the gamma knife devices market.A sample of this report is available upon request @
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Gamma knife devices market segmented based on application, anatomy, and end user
Based on application, gamma knife devices market is segmented into
Arteriovenous Malformations
Trigeminal Neuralgia
Cancer
Brain Metastases
Others
Based on anatomy, gamma knife devices market is segmented into
Head
Neck
Others
Based on end-user, gamma knife market is segmented into
Hospitals
Ambulatory Radiotherapy Centres
Cancer Research Institutes
Others
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Gamma knife devices market expected to grow at significant CAGR rate during the forecast period. Market players are expanding their market presence by entering into new markets. For instance, in February 2017, Elekta’s received Medical Devices License from Health Canada for its Leksell Gamma Knife Icon radiosurgery system, the only stereotactic radio surgery SRS system designed specifically to target brain tissue. Product developments and new product launches are market strategies adopted by the market players.
Geographically Gamma knife devices market segmented into following regions viz. North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America expected to be a major contributor for gamma knife devices market due to increased demand for radiological surgeries. In addition, favourable reimbursement policies and increase in awareness about radiation therapy are boosting the gamma knife devices market.
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Some of the market players in gamma knife devices market are Elekta AB (Sweden), Varian Medical Systems, Inc. (U.S), Huiheng Medical, Inc. (China), Masep Infini Global, Inc. (U.S.), and Nordion, Inc. (Canada), to name a few
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