The
global Gamma Knife Market is expected to reach USD 239.2
million by 2025, according to a new report by Grand View Research, Inc.
Increasing prevalence of cancer, brain tumors, and other neurological diseases,
rising adoption of these instruments in surgery centers, growing preference for
Minimally Invasive Surgeries (MIS), and technological advancements in the
device are amongst few factors expected to drive the market.
Gamma
knife therapy is used for treatment of various brain and neurological disorders
such as brain tumors, brain metastases, epilepsy, and arteriovenous
malformations. Demand for these instruments in surgery centers is growing due
to their various advantages such as safety, micro precision, lack of
postsurgical complications, and lack of incisions.
Technological
advancements have improved precision in surgery. For instance, upgradation of
Leksell Gamma Knife models U, B, C/4C, and Perfexion to Icon provided micro
precision in surgery and boosted adoption of this device in surgery centers.
According to reports published by Elekta AB, approximately 70,000 patients
undergo gamma knife surgery each year. This number is expected to increase over
the forecast period owing to rising prevalence of target diseases and
increasing preference for MIS.
In
addition, growing demand for MIS over open surgeries is one of the key factors
responsible for increasing adoption of this therapy. Gamma knife treatment
procedure results in fewer traumas and faster recovery as compared to open
surgeries. It helps reduce hospital stays, thus ensuring economic viability and
reduction in medical expenses. Lack of incisions and postsurgical complications
are key factors responsible for boosting demand for minimally invasive
surgeries.
Browse
Details of Report @
http://www.grandviewresearch.com/industry-analysis/gamma-knife-market
http://www.grandviewresearch.com/industry-analysis/gamma-knife-market
Further Key Findings From the Report Suggest:
- Global gamma
knife market size was estimated at USD 171,505.7 thousandin 2016 and is
expected to grow at a CAGR of around 3% from 2017 to 2025
- Malignant
tumors emerged as the largest segment and the ocular diseases segment is
anticipated to witness fastest growth over the next 8 years
- The Asia
Pacific region is anticipated to witness lucrative growth over the next
decade owing to rising incidence of cancer, developments in healthcare
infrastructure, and rapid economic development across major emerging
economies. It is expected to grow at a CAGR of around 4% over the forecast
period
- Elekta AB is
the only player operating in this market since Gamma Knife is a
patent-protected trademark product of the company.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
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