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Gamma Knife Market Will Generate Booming Growth Opportunities to 2030 | Elekta, American Radiosurgery Inc., Masep Medical Science & Technology Development Co., Ltd

12-04-2023 12:51 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Gamma Knife Market Will Generate Booming Growth Opportunities

The Gamma Knife Market is estimated for 2023 for the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Gamma Knives are specialized devices used for non-invasive neurosurgery to treat tumors and other brain lesions using beams of high-energy radiation concentrated in three dimensions. It has the advantage of treating multiple brain metastases and disorders in a single session.

Market Dynamics:

The Gamma Knife market is expected to experience significant growth over the forecast period owing to increasing incidence of cancer and rising preference for non-invasive procedures. According to WHO, cancer is the second leading cause of death globally and is responsible for an estimated 9.6 million deaths in 2018. Gamma Knife is widely used to treat cancerous and non-cancerous tumors in the brain. Furthermore, growth in geriatric population who are more prone to develop brain tumors and metastases will also aid market expansion during the forecast period.

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Opportunity for extending clinical applications and multi-session treatments

Beyond well-established uses, there is an opportunity for Gamma Knife manufacturers to expand the clinical role of their systems. Clinical trials are investigating potentially widening its applications to syncephalic conditions, epilepsy, vascular disorders, and functional neurosurgery. Some indications are also being explored as an adjunct or alternative to pharmaceutical interventions. Additionally, clinical evidence is growing for fractionated or multi-session Gamma Knife radiosurgery for larger, irregularly shaped tumors and those in critical locations. This helps achieve equivalent disease control while lowering the radiation dose per fraction. Equipment developers have an opportunity to leverage ongoing research to support regulatory clearance for new pathology types and multi-session protocols. Successfully offering these extended treatment options can stimulate demand for existing and next-gen Gamma Knife systems.

Advancements in computer-assisted imaging and planning software are a notable trend

A key trend enhancing the Gamma Knife platform is the integration of advanced computer technologies. Developers are incorporating sophisticated planning software capable of precise 3D modeling of complex tumor shapes along with surrounding eloquent brain structures. This enables optimal configuration of the hundreds of concentrated radiation beams for maximal tumor coverage and minimal damage to adjacent critical tissues. Improved multi-modal neuronavigation systems seamlessly fuse high-resolution MRI, CT, and PET scans into the treatment planning workflow. Accurate intra-operative imaging localization and automatic mask positioning systems are also enhancing targeting accuracy. Vendors are also offering artificial intelligence-based diagnostic tools that automate elements of treatment planning and post-treatment response analysis. As these innovations advance Gamma Knife radiosurgery capabilities, clinicians will increasingly rely on them as a preferred radiation technique.

Competitive Landscape

In the segment specifically devoted to leading companies in the Gamma Knife Market of the market analysis document, our researchers provide a summary of the financial statements of all the major companies, covering their noteworthy developments, product benchmarking, and SWOT analysis. The corporate profile copy also includes financial information and a business summary. The businesses in this area can be customized to match the unique needs of the client.

Some of the Top Players in Gamma Knife Market:

Elekta, American Radiosurgery Inc., Masep Medical Science & Technology Development Co., Ltd., Panacea Medical Technologies Pvt. Ltd., Nordion (Canada) Inc.

Global Gamma Knife Market Detailed Segmentation:

By Indication:
Brain Metastasis
Arteriovenous Malformation (AVM)
Trigeminal Neuralgia
Others

By Anatomy:
Head
Neck
Others

By End User:
Hospital
Clinics
Ambulatory Surgical Centers

Regional Analysis -

North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
Latin America (Colombia, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Rising demand for minimally-invasive treatment options is driving growth in the Gamma Knife market

The increasing preference for minimally-invasive procedures across medical specialties has created significant demand for Gamma Knife systems. Gamma Knife radiosurgery provides a non-invasive alternative to traditional brain surgery for treating various conditions such as tumors, vascular malformations, and trigeminal neuralgia. It allows for highly targeted radiation therapy to destroy diseased tissue while minimizing exposure to surrounding healthy brain cells. Gamma Knife treatment does not require incisions or general anesthesia and patients can often resume normal activities shortly after the procedure. This reduced recovery time and minimal invasiveness make it an attractive option compared to conventional brain surgery. As more patients and physicians become aware of the benefits of Gamma Knife radiosurgery, its adoption rate is increasing globally for treating qualifying conditions.

High equipment costs pose a major market restraint

The significant expense associated with Gamma Knife systems limits their widespread adoption, especially in cost-sensitive developing markets. Gamma Knife radiosurgery requires a large capital investment running into several millions of dollars to purchase the sophisticated image-guided equipment. Additionally, the high maintenance and operations costs associated with the complex electronic and radiation equipment imposes a considerable financial burden on healthcare providers. Institutions must also invest in specialized facility infrastructure and shielding to house these systems safely. These substantial expenses often render Gamma Knife systems unfeasible for smaller hospitals and clinics with constrained budgets. Reimbursement challenges for the procedure in certain regions also negatively impact the return on investment decision for facilities. Overall equipment expenses remain a major adoption barrier in the Gamma Knife market.

Reasons to Purchase this Report:

✔ Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
✔ Reports provide opportunities and threats faced by suppliers in the Gamma Knife industry around the world.
✔ The report shows regions and sectors with the fastest growth potential.
✔A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
✔ The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
✔ This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.

Request for Customization @ https://www.coherentmarketinsights.com/insight/request-customization/408

Questions Answered by the Report:

(1) Which are the dominant players of the Gamma Knife Market?
(2) What will be the size of the Gamma Knife Market in the coming years?
(3) Which segment will lead the Gamma Knife Market?
(4) How will the market development trends change in the next five years?
(5) What is the nature of the competitive landscape of the Gamma Knife Market?
(6) What are the go-to strategies adopted in the Gamma Knife Market?

📌Contact Us:
Mr. Shah
Coherent Market Insights Pvt. Ltd,
📞Phone: U.S.: +1-206-701-6702
📞U.K.: +44-020-8133-4027
📞JAPAN: +81-50-5539-1737
📞INDIA: +91-848-285-0837
✉ Email: sales@coherentmarketinsights.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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