Today: January 17, 2019, 5:54 am

Gamma Knife Market Projected to Register 9% CAGR through 2025

Research Report Insights
Research Report Insights
Research Report Insights (RRI) has launched the report titled, “ Gamma Knife Market Projected to Register 9% CAGR through 2025 ” 2018-12-05 13:38:00
The global gamma knife market secured US$ 172 Mn in 2015, and is expected to grow at more than 9% CAGR through 2025, accounting for over US$ 400 Mn in terms of revenues. Strong growth is expected in regions such as India, South Korea, the U.S., Japan, EU5 and China. Varian and Elekta medical systems are likely to retain their dominance in developed economies, whereas Huiheng Medical, Inc. based at China will consolidate its position in Asia Pacific. Currently, North America, the biggest market for the gamma knife is likely to demote to second position due to robust acceptance of the gamma knife equipment in Asia Pacific.

Drivers and Trends of Market

Inclination towards non-invasive treatments have positively impacted adoption of radiation therapy, with Gamma Knife, LINAC and Cyber Knife gaining traction in healthcare sector. Positive perception toward gamma knife, rising preference for minimally-invasive surgeries and huge success rate are among the key factors anticipated to propel adoption of gamma knife treatment over the forecast period. Medical tourism, emphasis on R&D and increasing expenditure per capita on healthcare are some other factors anticipated to support growth of the market in long run. Improvements in technology that makes gamma knife more effective and safer are also expected to expand its adoption among end-users throughout the forecast period. Yet, high cost continues to be main challenge for widespread adoption and is likely to limit its adoption in developing economies.

Request For Report Sample with Table of Contents@ ..

Brain Metastasis to Remain Largest Disease Indication Segment

Gamma knife treatment is applicable to treat various disease indications, including trigeminal neuralgia, cancer, brain metastasis, and AVM. Among these, application of gamma knife for remedying brain metastasis is likely to account for significant percentage of total market revenues, trailed by cancer and trigeminal neuralgia. Brain metastasis is likely to remain largest disease indication segment for gamma knife market over the forecast period.

Asia Pacific Gamma Knife Market to Expand at Significant CAGR

Asia Pacific is likely to pip both Europe and North America to emerge as the largest market for gamma knife by 2025-end. Increasing adoption of gamma knife equipment in India, South Korea, Japan, and China will support expansion of the gamma knife market in Asia Pacific. The gamma knife market in Asia Pacific is estimated to expand at CAGR of more than 10% throughout the forecast period. APEJ will emerge as more lucrative region than Europe and North America however, collectively secure nearly two-fourth revenue share of the global gamma knife market by the end of 2025.

Request For Report Discount@ ..

Prominent Market Player’s Strategies to Maintain Market Position

Huiheng Medical, Inc., Elekta, and Varian Medical Systems are prominent gamma knife equipment manufacturers. These players are likely to maintain their position in the market through continuous innovative product development and stepping in into new markets

Press Information
Research Report Insights
Research Report Insights

42 joseph street,

Portcarling P0B 1J0,

Muskoka, Ontario

T: +1-631-721-4201

Vikas Bahurupi
Vikas Bahurupi

# 498 Words
Related Articles
More From The Author
Collapsible Metal Tubes Market Augmented Expansion to [..]
Market Overview: Collapsible tubes are flexible composite containers for the storage and dispensing of product formulations that [..]
Flare Gas Recovery Systems Market Poised to [..]
As per a recent report published by Research Report Insights the global market for gas recovery systems (FGRS) is set [..]
Smart Indoor Gardening System Market to Witness [..]
Market Overview: Smart Gardening is a campaign to help novice and experienced gardeners adopt and implement real-life techniques in [..]
Endodontics Market CAGR Projected to Grow at [..]
Endodontics is a section of the dentistry sector that incorporates treatments to protect teeth from wounds, as well as infection, [..]
Diabetic Socks Market to Grow at a [..]
Diabetic socks are the socks specially designed for people with diabetes. Usually, the diabetic socks are produced without seams [..]
More From Business
Piedmont Office Realty Trust Announces Tax Treatment [..]
Atlanta, Jan. 16, 2019 (GLOBE NEWSWIRE) --  Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust [..]
WillScot to Participate at the Barclays Industrial [..]
BALTIMORE, Jan. 16, 2019 (GLOBE NEWSWIRE) -- WillScot Corporation (“WillScot”)(NASDAQ: WSC), the specialty rental services market [..]
Acuity Brands Receives Multiple 2019 ControlTrends Awards
Distech Controls and nLight AIR Systems recognizedAtalnta, Jan. 16, 2019 (GLOBE NEWSWIRE) -- ATLANTA – January 16, 2019 – [..]
Nanobiotix Plans to Conduct Registered Public Offering [..]
Nanobiotix Plans to Conduct Registered Public Offering in the United States Paris, France and Cambridge, Massachusetts (USA), January [..]
Olvi PlcStock Exchange Release16.1.2019      SHARE REPURCHASE 16.1.2019     In the NASDAQ OMX Helsinki     Trade date 16.1.2019 Bourse [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.