Press release
Global Gamma Knife Market Growing at a CAGR of 9.2% During the Forecast Period of 2017-2024
"Global Gamma Knife Market" – Industry Trends and Forecast to 2024
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The Gamma Knife Market accounted to USD 175.3 million in 2016 growing at a CAGR of 9.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Gamma knife is a radiation therapy to treat brain tumors, trigeminal neuralgia, epilepsy, nerve disorders that causes chronic pain, arteriovenous malformations, and other neurological conditions.
Major Market Drivers and Restraints:
• Increasing number of minimally invasive surgery
• Government insurance plans for radiation therapy
• Technological advancement to adopt the new technology
• High costs of equipments
• Lack of knowledge and skilled professionals
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Gamma Knife Market Segmentation:
By technology the market for gamma knife is segmented into brain metastasis, arteriovenous malformation, cancer, trigeminal neuralgia, movement disorder, others.
By anatomy the global gamma knife market is segmented into head, neck and others.
On the basis of end-users the gamma knife market is segmented into hospital, clinics and ambulatory centers.
Based on geography the Global Gammy Knife Market is segmented into:
• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa
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Gamma Knife Market Competitive Analysis:
The gamma knife market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of gamma knife market for global, Europe, North America, Asia Pacific and South America.
Gamma Knife Market Major Market Competitors:
Some of the major players operating in gamma knife market are Elekta, Varian Medical Systems, and Huiheng Medical, Inc., American Radiosurgery, Inc., ISOTREND spol. s.r.o., ÖZYÜREK A.Ş., among others.
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