Gamma Knife Devices Market Leaders are Elekta AB (Sweden), Varian Medical Systems, Inc. (U.S), Huiheng Medical, Inc. (China), Masep Infini Global, Inc. (U.S.), and Nordion, Inc. (Canada),

Gamma knife is a type of radiological surgery device which acts by high intensity cobalt radiation therapy that concentrates on accurate target point. Gamma knife devices are used for treatment of metastatic brain tumors in brain from the sites like breast, lung, and skin, vascular malformations of brain, acoustic neuromas, meningioma’s tumors on the protective layers of the brain, trigeminal neuralgia causes severe facial pain and epilepsy of temporal lobe.

Gamma knife devices market is propelling by the increase in demand of non-invasive procedures, increased incidences of brain cancers, and rise in geriatric 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, strict 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 market. Moreover, lack of skilled healthcare professionals to use the radiation devices and side effects of radiation therapy further hampering the market growth.

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The global Gamma knife devices market is divided into following categories

1. Application
• Arteriovenous Malformations
• Trigeminal Neuralgia
• Cancer
• Brain Metastases
• Others

2. Anatomy
• Head
• Neck
• Others

3. End-users
• Hospitals
• Ambulatory Radiotherapy centers
• cancer research institutes and others.

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Global Gamma knife devices Market geographical segmentation by North America, Europe, Asia-Pacific, Latin America, and the 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, favorable reimbursement policies and increase in awareness about radiation therapy are boosting the gamma knife devices market.

Asia-Pacific region projecting lucrative opportunities for growth of gamma knife devices market owing to developing healthcare infrastructure, increase in awareness about radiotherapy surgeries and increase in prevalence of the neurological diseases. Adoption of cutting-edge technologies, rise in the medical tourism in emerging nation in Asia Pacific expected to fuel the market. Latin America is offering lucrative opportunities for gamma knife devices market owing to increase in R&D investments in the manufacturing of radiosurgery equipment.

Some of the key 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. In 2016, Japanese Ministry of Health, Labor and Welfare and the nuclear regulation approved Elekta’s Leksell Gamma Knife for clinical use.

Gamma knife devices market expected to grow at significant rate. 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.

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