Sarasota, FL -- (SBWIRE) -- 06/21/2018 -- Global Gamma Knife Market: Overview
Gamma knife is a fine beam technology that is specifically designed to treat the tissues of the brain during radiosurgery. Apart from brain tissues, it also assists in treating trigeminal neuralgia and vascular malformations. This product with the advanced technology was introduced in the market 50 years ago that was used to cure 80,000 patients per year. It has achieved a well-reputed position in the market for intracranial surgery. American Shared Hospital Services is one of the leading suppliers of the gamma knife.
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Global Gamma Knife Market: Growth Factors
Gamma knives have gained relatively high demand across the globe, owing to the ease in treating issues that usually require incisions in the scalp or to cure severe lesions in the inaccessible regions of the brain. Past records of the high rate of success and its high specificity have projected to augment the growth of the global gamma knife market over the forecast period. It treats the specific area with high precision generating higher accuracy. Extra margin or volume surrounding the target is rarely added and hence are unable to compensate for any possible shifts of the target. This acts as a factor of a shift in the preference of doctors over the gamma knife to more cost-effective equipment. The side effects and its potential risks are the major factors restraining the market of gamma knife.
With the growth of healthcare sector across the globe and its rising requirements, attributed to the high preference for a sophisticated and higher range of accuracy, the market of gamma knife is anticipated to acquire a rapid growth over the forecast period.
Global Gamma Knife Market: Segmentation
The global gamma knife market can be classified into eight major segments based on its applications such as in the treatment of brain metastases, arteriovenous malformations, facial nerve pain (trigeminal neuralgia), meningiomas, acoustic neuromas, gliomas, pituitary tumors, and others.
Global Gamma Knife Market: Regional Analysis
The United States in North America contributes to the maximum share followed by Canada whereas the United Kingdom in Europe is foreseen as the active player in the market of Gamma knife. The emerging growth of China and Japan in the Asia Pacific leads to the increased market share in this region. It is then followed by Latin America and The Middle East and Africa that is projected to show a gradual rise in the subsequent years.
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Global Gamma Knife Market: Competitive Players
Elekta AB holds the patent for Gamma Knife in the global market. However, the other companies are manufacturing the product with the same technology such as Varian Medical Systems (RapidArc®: deliver highly conformal dose distributions to tumors of the lung, brain, spine and other areas of the body with the help of 360-degree rotation in less than 2 minutes), Accuray Incorporated (CyberKnife: treat cancer anywhere on the body in minimum one to maximum five radiation treatments), Cyber Medical Corporation Limited and many others.
Global Gamma Knife Market: Regional Segment Analysis
North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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