Global Gamma Knife Market Size Analysis, 2018-2028

REPORT ID: BKR800 Domain: Healthcare Published Date: August 2018

 

 

Global Gamma Knife Market Size is estimated to be valued over 179 million in 2018. The industry is highly consolidated with leading three players account for over 92% of global share. There are over 350 gamma knife centers available worldwide, offering treatment to over 70 thousand patients each year.

It is an advanced radiation treatment for patients with abnormal blood vessels and brain tumor. Generally few factors are considered while applying gamma knife procedure on patients. Age, medical condition, abnormality location are few factors.

It is one of the advanced version of stereotactic radiation (12% of total radiation therapy procedures) and is gaining prominence across worldwide owing to increased demand for its treatment accuracy and minimally invasive procedures. Moreover, there has been positive outlook from various scientific regulatory bodies – that makes its usage even more strong. As such, various hospitals are actively purchasing gamma knife to treat targeted population.

While the device is rightly the most preferred choice of surgeons, its penetration in hospitals is quite low as compared to its full potential. This is attributed to its higher cost that only big hospitals or government run medical centers can afford. On an average, gamma knife costs around US$ 5.5 million. Healthcare spending needs to be fairly high in order to meet cost to revenue index. Only developed regions and few emerging countries including China and GCC registered high healthcare spending. Health insurance also plays a major role in easy availability of the device for treatment in developed region. Technological advancement can help companies to deter the high cost and ensure maximum reach.

Global Gamma Knife Market Analysis, By Therapeutic Applications

These devices are primarily used for brain metastasis treatment. Its usage in the disease indication accounted for 63% of total share. Each year, brain metastasis leads to high government expenditure. With proper therapeutic applications, it can lower the treatment procedure cost.

Global Gamma Knife Market Size and Forecast Analysis, by Region

Globally, North America gamma knife market revenue was valued at US$ 61 million in 2017. It is followed by Western Europe and developed regions in Asia Pacific. North America offers state of art gamma knife centers. Much of the treatment costs with gamma knife is covered under insurance. As such, there exists relatively favorable environment to flourish their business in North America.

North America will lose 750 basis points to Asia Pacific. China and India will become the hotspot region for the companies. Also, these regions are well known for medical tourism. Cases of neurosurgery in India has increased by 9% in last three years, with large number of patients visiting the country from across Africa, GCC and South East for better treatment. Improving healthcare amenities and significant growth in healthcare industry will create good revenue prospects for gamma knife equipment companies in the region.

Global Gamma Knife Market Size and Forecast: Competition Landscape

Some key players covered in the report are Varian Medical Systems, Elekta, and Huiheng Medical, Inc. Elekta is the global leader with good presence in North America and Europe. These companies spends nearly 7% of its net sales on R&D.

Gamma Knife Market Industry Segmentation

By Therapeutic Application:

  • Tumors
    • Brain Metastasis
    • Glioblastoma
    • Pituitary Adenoma
    • Meningioma
    • Acoustic Neuroma
    • Others
  • Vascular
    • Arteriovenous Malformation
    • Others
  • Pain and Movement Disorders
    • Essential Tremor
    • Trigeminal Neuralgia

By End-use

  • Hospitals
  • Gamma Knife Centers
  • Others

What Will You Discover in the Report?

  • An in-depth analysis of the Gamma Knife market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the Gamma Knife market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the Gamma Knife market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the Gamma Knife industry during the forecast period
  • Who are the Gamma Knife industry leaders and what are the key initiatives taken by them for long term growth

Analyst access with Bekryl Market Analysts

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Gamma Knife Market Size TOC

  1. Report Structure
  2. Research Methodology
    • Market Engineering Factors Weightage
    • Market Share Methodology
  3. Executive Summary
    • Key Findings
    • Market Engineering Factors
    • Industry Expert Perspectives
  4. Market Definitions
  5. The Global Gamma Knife Market Value
    • Overall Market Forecast
    • Gamma Knife Growth Outlook, By Segments
    • Gamma Knife Growth Scenario, by Region
  6. The Gamma Knife Industry Ecosystem
    • Parent Market Overview
    • Industry Value Chain and Distribution Analysis
    • Growth Factor Analysis
    • Key Industry Players By Region
    • Macro Factor Relational Value Analysis
  7. The Gamma Knife Industry Dynamics
    • Drivers
      • Supply Side Drivers
      • Demand Side Drivers
      • Macroeconomic Factors
    • Challenges
    • Opportunities
    • Mega Trends
    • Geographical Trends
    • Industry Experts Views
    • Merger Acquisition
    • Regulatory Compliances, By Selected Countries
    • Key Industry Developments
  8. The Gamma Knife Market Pricing Analysis
    • Gamma Knife Pricing Forecast
    • Pricing Analysis By Region
    • Pricing Trends
  9. Global Gamma Knife Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Industry Predictive Analysis
    • Gamma Knife Industry Segment Comparative Ranking Analysis
    • Key Companies Involved and Initiatives
    • Global Industry Opportunity Proposition Analysis
    • Market Share Analysis, (%)
    • Global Gamma Knife Market Size and Forecast, (2017-2028)
      • Market Value Forecast (US$ Million)
      • Growth Analysis (Y-o-Y) and Forecast
  1. Global Gamma Knife Industry Size and Forecast, By Segments

By Therapeutic Application:

  • Tumors
    • Brain Metastasis
    • Glioblastoma
    • Pituitary Adenoma
    • Meningioma
    • Acoustic Neuroma
    • Others
  • Vascular
    • Arteriovenous Malformation
    • Others
  • Pain and Movement Disorders
    • Essential Tremor
    • Trigeminal Neuralgia

By End-use

  • Hospitals
  • Gamma Knife Centers
  • Others
  1. North America Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis
    • North America Gamma Knife Market Analysis
      • Industry Size and Forecast, (2017-2028)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • North America Gamma Knife Market, By Segments (As mentioned in section 10 of TOC)
    • S. Gamma Knife Market Size and Forecast, By Segments
    • Canada Gamma Knife Market Size and Forecast, By Segments
  2. Latin America Gamma Knife Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Latin America (South America) Gamma Knife Market Analysis
      • Industry Size and Forecast, (2017-2028)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • Latin America Gamma Knife Market, By Segments (As mentioned in section 10 of TOC)
    • Brazil Gamma Knife Market Size and Forecast, By Segments
    • Argentina
    • Mexico
    • Rest of Latin America

(Gamma Knife industry analysis covered across Latin America countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Western Europe Gamma Knife Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Western Europe Gamma Knife Market Analysis
      • Industry Size and Forecast, (2017-2028)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Western Europe Gamma Knife Market, By Segments (As mentioned in section 10 of TOC)
    • Germany Gamma Knife Market Size and Forecast, By Segments
    • UK
    • France
    • Spain
    • Italy
    • NORDIC
    • Switzerland
    • Rest of Western Europe

(Gamma Knife industry analysis covered across Western Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Central and Eastern Europe (CEE) Gamma Knife Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Central and Eastern Europe Gamma Knife Market Analysis
      • Industry Size and Forecast, (2017-2028)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Central and Eastern Europe Gamma Knife Market, By Segments (As mentioned in section 10 of Gamma Knife Market TOC)
    • Russia Gamma Knife Market Size and Forecast, By Segments
    • Poland
    • Ukraine
    • Rest of CEE

(Gamma Knife industry analysis is covered across Central and Eastern Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Asia Pacific Gamma Knife Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Asia Pacific Countries
    • Asia Pacific Gamma Knife Market Analysis
      • Industry Size and Forecast, (2017-2028)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Asia Pacific Gamma Knife Market, By Segments (As mentioned in section 10 of TOC)
    • Japan Gamma Knife Market Size and Forecast, By Segments
    • China
    • India
    • South Korea
    • Australia
    • ASEAN
    • Rest of Asia Pacific

(Gamma Knife industry analysis is covered across Asia Pacific countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Middle East Gamma Knife Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Middle East Countries
    • Middle East Gamma Knife Market Analysis
      • Industry Size and Forecast, (2017-2028)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Middle East Gamma Knife Market, By Segments (As mentioned in section 10 of TOC)
    • GCC Gamma Knife Market Size and Forecast, By Segments
    • Israel
    • Rest of Middle East

(Gamma Knife industry analysis is covered across Middle East countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Africa Gamma Knife Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Africa Countries
    • Market Share Analysis, (%)
    • Africa Gamma Knife Industry Size and Forecast, (2017-2028)
    • Africa Gamma Knife Industry Share (%)
    • Africa Gamma Knife Industry Growth Forecast (%)
    • South Africa Gamma Knife Market Size and Forecast, By Segments
    • Algeria
    • Nigeria

(Gamma Knife industry analysis is covered across Africa countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Gamma Knife Market Competitive Landscape
    • Competition Dashboard
    • Funding and Investment
    • Company Market Positioning
    • Marketing Mix Strategies
    • Product Level Strategies
    • Go-to-Market Strategies
    • SWOT Analysis
    • Key Developments, By Companies
    • Company Profiles*

Varian Medical Systems, Elekta, and Huiheng Medical, Inc.

  1. Analyst Opinion
  2. Summary and Conclusion
  3. For more Information, Bekryl can help

*(SWOT, Key Developments, and Strategies are based on individual companies)

To access the detailed Gamma Knife industry TOC and sample research pages, download sample.

 

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