Valley Cottage, NY -- (SBWIRE) -- 12/11/2017 -- The global Gamma Knife market, valued at US$ 172 million in 2015, is projected to increase at over 9% CAGR through 2025, surpassing US$ 400 million in revenues. Growth will be strongest in the U.S., EU5, Japan, South Korea, China, and India. Elekta and Varian Medical Systems will remain dominant players in developed regions, whereas China-based Huiheng Medical, Inc. will consolidate its position in Asia Pacific. North America, currently the largest market for Gamma Knife, will be relegated to second spot owing to strong adoption of Gamma Knife equipment in Asia Pacific.

Segmentation highlights

High Success Rate Boosting Adoption among End-users

Technological advancement that make Gamma Knife safer and more effective are also expected to increase its adoption among end-users during the forecast period. However, high cost continues to be a major challenge for widespread adoption and can limit its adoption in developing countries.

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Brain Metastasis will be the Largest Disease Indication Segment

Gamma Knife radiation therapy is used to treat a number of disease indications, including brain metastasis, cancer, AVM, and trigeminal neuralgia. Among these, use of Gamma Knife for treating brain metastasis will account for a significant percentage of global market revenues, followed by cancer and trigeminal neuralgia. Throughout the forecast period 2015-2025, brain metastasis will remain the largest disease indication segment for Gamma Knife market.

Asia Pacific will pip both North America and Europe to emerge as the largest market for Gamma Knife by 2025. Robust adoption of Gamma Knife equipment in Japan, South Korea, China, and India will continue to drive the growth of the market in Asia Pacific. The Asia Pacific Gamma Knife market is projected to at over 10% CAGR during the forecast period 2015-2025. North America and Europe will lose market share to Asia Pacific and collectively account for nearly 50% revenue share of the market by 2025.

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Summary of Table of Content
1. Research Methodology
2. Assumptions & Acronyms Used
3. Executive Summary
4. Gamma Knife Market Overview
5. Gamma Knife Market Analysis and Forecast By Disease Indication
6. Gamma Knife Market Analysis and Forecast By Anatomy
7. Gamma Knife Market Analysis and Forecast By Geography
8. Competitive Landscape

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Leading Gamma Knife Equipment Manufacturers

Elekta, Varian Medical Systems, and Huiheng Medical, Inc. are the top three Gamma Knife equipment manufacturers. While Elekta and Varian Medical Systems have a strong presence in North America and Europe, China-based Huiheng Medical, Inc. caters mainly to healthcare centres in Asia Pacific. A detailed analysis on the competitive landscape is included in the report.