Gamma Knife Market: Region Wise Analysis of Top Players in Market by its Types and Application 2018-2026
The global gamma knife market was valued at US$ 174.4 million in 2016 and is expected to expand at a CAGR of 7.7% during the forecast period (2017 – 2025). Chronic neurological disorders such as metastatic brain tumors, trigeminal neuralgia, and arteriovenous malformations are complex to treat. Standard brain surgery and radiation therapy can damage healthy tissues and cause various side effects. Moreover, these treatment methods involve in-hospital post treatment care. Gamma knife, which has been introduced decades ago, is one of the most effective non-invasive technologies that is steadily gaining traction in the treatment of tumors. Gamma knife surgery represents a major advancement in brain surgery, with a one-day treatment procedure. Patients can go home the same day after treatment with gamma knife.Download PDF Brochure of This Business Research Report : https://www.coherentmarketinsights.com/insight/request-pdf/408
Market Dynamics
There are over 2,500 published studies for gamma knife, far more than that for alternative treatment options for brain tumors. Abnormalities measuring less than 1 inch in diameter can be treated with gamma knife. Leksell Gamma Knife is the among most efficient gamma knife devices in the market. The device radiates 201 beams that converge at the lesion point, thus destroying only the affected or target tissue. The device can be programmed to for multiple sessions.
Increasing awareness about the high affectivity of these products and their lowering cost will increase the adoption of this device in the near future. There are a number of centers located globally for gamma knife treatment. Increase in healthcare investments in China, India, Brazil, and other emerging economies would be a major contributing factor towards increase in revenues of the global gamma knife market.
Market Taxonomy
This report segments the global gamma knife market on the basis of indication, anatomy and geography. On the basis of indication, the global gamma knife market is segmented into brain metastasis, trigeminal neuralgia, Arteriovenous Malformation (AVM), cancer, movement disorders and others. On the basis of anatomy, the global gamma knife market is segmented into head, neck and others. For comprehensive understanding of market dynamics, the global gamma knife market is analyzed across key geographies namely North America, Europe, Asia Pacific, Latin America, Africa, and Middle East. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Potential target population for the global gamma knife market
American Brain Tumor Association:
-Incidence of metastatic brain tumors is estimated in the range of 200,000-300,000 cases annually
-Incidence is high in the age group of 45-64 years
-Approximately 80,000 new cases of primary brain tumors is expected in 2017
-Around 700,000 people in the U.S. living with a primary brain and CNS tumor as of 2016
American Association of Neurological Surgeons:
-Around 150,000 new cases of trigeminal neuralgia are diagnosed annually in the U.S.
-Disease is more common in women than men
International Association for the Study of Pain (IASP):
-Global prevalence is in the range of 0.01% to 0.3% (2014)
Considering the current number of patients being treated i.e. 60,000, there exists a major growth potential for gamma knife market. Installation of gamma knife equipment at various locations to improve accessibility would propel the gamma knife market growth in near future.
Detailed Segmentation:
Global Gamma Knife Market, By Indication: Brain Metastasis, Arteriovenous Malformation (AVM), Cancer, Trigeminal Neuralgia, Movement Disorders, Others.
Global Gamma Knife Market, By Anatomy: Head, Neck, Others.
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Non-invasive precision therapy to favor the growth of global gamma knife market
Gamma knife radiotherapy involves convergence of 201 beams that can treat the tumor cell leaving precisely leaving the surrounding healthy cells undamaged. Utilizing the pre-operative diagnostic images form CT/MRI scan, the instrument provides highly accurate irradiation at the tumor site. This is a major factor that drives the usage of gamma knife radiotherapy in treating brain tumors. Application of this procedure is increasing further in trigeminal neuralgia, and arteriovenous malformations. However, gamma knife is limited to 190 positions to reach the tumor cells.
Non-invasive precision therapy to favor the growth of global gamma knife market
Gamma knife radiotherapy involves convergence of 201 beams that can treat the tumor cell leaving precisely leaving the surrounding healthy cells undamaged. Utilizing the pre-operative diagnostic images form CT/MRI scan, the instrument provides highly accurate irradiation at the tumor site. This is a major factor that drives the usage of gamma knife radiotherapy in treating brain tumors. Application of this procedure is increasing further in trigeminal neuralgia, and arteriovenous malformations. However, gamma knife is limited to 190 positions to reach the tumor cells.
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