Gamma Knife Devices Market Key Driving Factors for Growing CAGR Value

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Gamma knife devices use a technique known as stereotactic radiosurgery, which involves focusing several radiation beams on tumor cells. Intense doses are administered based on the size of the tumor being operated on. Perfexion treatment protocol entails utilizing a computer software to determine gamma knife treatment settings by determining the spatial distribution among normal structures, head frame and target. The Leksell Gamma Knife Icon is generally the ideal radiation therapy device since it may be used in numerous sessions or in a single session. To achieve greater accuracy and precision, a mix of real-time infrared motion detector and stereotactic cone beam CT imaging is being used instead of an external frame.

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The market is likely to be driven by increased usage of these instruments in surgery centers as a result of the rising frequency of neurological illnesses and the growing desire for minimally invasive treatments. Demand for the newly created Leksell Gamma Knife Icon is growing rapidly, and there is a greater need for this technology to be upgraded. The market for gamma knife devices in North America is expected to develop as the number of patients with malignant tumors rises and demand for non-invasive radiation therapy for cancer treatment rises. The predominance of the Asia Pacific market is due to the growing number of patients suffering from brain tumors and technically proficient domestic players manufacturing gamma knife equipment. As a result, one of the primary aspects that can be ascribed to its widespread popularity is continual technological advancement. The high use of these devices in surgical centers is due to the adoption of integrated imaging and software, enhanced workflow, and an upsurge in clinical applications.

The global gamma knife devices market is segmented based on Indications, which is further divided into functional disorders, benign tumors, vascular disorders and ocular diseases, malignant tumors.

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With a revenue share of around 39.5 percent in 2016, Asia Pacific dominated the total market. The dominance of the region is due to a high incidence of brain tumors, increased awareness amongst healthcare professionals about noninvasive treatment options such as stereotactic procedures, rising penetration of these devices in surgery centers, and improved healthcare infrastructure. Japan had the greatest share of the revenue in this area in 2016. In terms of volume, Japan is regarded as the second-largest market. Increased disease load, increased cancer and brain tumor occurrence, and expanding use of gamma knife devices in surgery centers are all contributing to its domination.

There are several industry players working in the gamma knife devices market, which include Elekta AB (Sweden), Varian Medical Systems, Inc. (U.S), Huiheng Medical, Inc. (China), Masep Infini Global, Inc. (U.S.), and Nordion, Inc. (Canada)

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