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Global Gamma Knife Market Will Reach US$ 651,241.9 thousand in 2020 by Persistence Market Research

(Forimmediaterelease.net) In terms of geography, North America dominates the global Gamma Knife market due to increasing prevalence of cancer as well as increasing investments by radiosurgery systems manufacturing companies. In addition, increased awareness about Gamma Knife technology for cancer treatment is also boosting the growth of the Gamma Knife market in the region.
According to a new market report published by Persistence Market Research “Global Market Study on Gamma Knife - Asia to Witness Highest Growth by 2020,” the global Gamma Knife market is valued at USD 526,733.2 thousand in 2014 and is expected to grow at a CAGR of 3.6% from 2014 to 2020 to reach an estimated value of USD 651,241.9 thousand in 2020.

Browse the full report with TOC at:
www.persistencemarketresearch.com/market-research/gamma-knife-market.asp

Radiation therapy is a procedure entailing the precise delivery of high doses of radiation to tumors and other relevant anatomical targets. Gamma Knife radiosurgery is a major form of radiation therapy. It is mainly used to treat brain tumors, arteriovenous malformations, trigeminal neuralgia, acoustic neuroma, and pituitary tumors. Globally, the Gamma Knife market is witnessing significant growth due to increasing prevalence of cancer and obesity and growing aging population. In addition, rising number of initiatives undertaken by various government associations and the advanced features of Gamma Knife systems are also driving the growth of the market. However, stringent regulatory requirements and prolonged approval time for Gamma Knife systems and high cost of implementation and shortage of skilled manpower inhibit the growth of the market. The global Gamma Knife market is anticipated to grow from an estimated USD 526,733.2 thousand in 2014 to USD 651,241.9 thousand by 2020 at a CAGR of 3.6% during the forecast period.

In North America, the Gamma Knife market is growing due to the rising incidence of cancer in the region. In addition, increased awareness about Gamma Knife technology for cancer treatment is also boosting the growth of the market in the region. According to WHO, approximately 2.8 million people had cancer, including brain cancer, in the U.S. in 2000. Moreover, according to the Hindawi Publishing Corporation, an international journal of surgical oncology, approximately 98,000 to 170,000 new brain metastases cases occur every year in North America.

Request Sample Report:
www.persistencemarketresearch.com/samples/3742

In Europe, increasing prevalence of cancer is boosting the growth of the Gamma Knife market in the region. According to WHO, Europe accounts for only one-eighth of the world’s population. However, the region records around a quarter of global cancer cases. Several government associations, such as the Women Against Lung Cancer in Europe (WALCE) and European Head and Neck society (EHNS), are trying to increase awareness about breast cancer, lung cancer, and head and neck cancer and their brain metastases effects in Europe.

However, Asia represents the fastest growing region in the Gamma Knife market due to the rise in cancer patients in various countries such as India, China, and Japan. According to WHO, the occurrence of cancer in India and China is set to climb at a rate of 78% from 2013 to 2030. In addition, growing aging population is also supporting the growth of the Gamma Knife market in the region.

Browse All Medical Devices Reports:
www.persistencemarketresearch.com/category/medical-devices.asp

In Latin America, construction of manufacturing and research facilities by many companies is driving the Gamma Knife market in Latin America. Furthermore, the governments of Latin American countries have recognized the growing epidemic of cancer and are actively devising several patient awareness programs to raise awareness of signs and symptoms of cancer, including brain cancers.

Elekta AB, Varian Medical Systems, Inc., and Hokai are some of the leading players in the Gamma Knife market. Other major players in the Gamma Knife market include Huiheng Medical, Inc., Cyber Medical Corporation Limited, Masep Infini Global, Inc., Nordion, Inc., ET Medical Group, and American Shared Hospital Services.

The global Gamma Knife market is segmented as follows:

Gamma Knife market, by application:

Brain Metastases
Brain Tumors
Trigeminal Neuralgia
Arteriovenous Malformations
Others

Related Report:

Global Dental Implants Market:
www.persistencemarketresearch.com/market-research/dental-implants-market.asp


Gamma Knife market, by geography —

North America:
U.S.
Canada
Rest of North America
Europe:
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia:
China
Japan
India
Rest of Asia
Latin America:
Brazil
Rest of Latin America
Rest of the World (RoW)

About Us

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws on its multi-disciplinary capabilities and a high pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

Company Name: Persistence Market Research PVT. LTD. Contact Person: Glen Hare Email: sales@persistencemarketresearch.com Phone: +1-646-568-7751 Address:305 Broadway, 7th Floor City: New York State: NY Country: United States Website: www.persistencemarketresearch.com/market-research/gamma-knife-market.asp

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