Gamma Knife Market Expected to be Driven by Advancing Technological Features

Gamma knife radiosurgery is an integral form of radiation therapy. In gamma knife radiosurgery, specific surgical equipment is used to focus tiny beams of radiation on a brain tumor or other deformities in the brain. Gamma knife Market radiosurgery is typically a one-time therapy completed in a single day and proves to be a safer option than any other traditional brain surgery procedures. These surgeries also have a lower risk of side effects compared to the other types of radiation therapies. Gamma knife devices are used to effectively treat tumors and many other lesions or abnormalities in the brain. 

Rising Technology and Advanced features of Gamma Knife Attract Attention of Patients

The performance-related features in the design of new radiosurgical systems are helping modern devices gain more traction in the global market when compared with previous models of the gamma knife. The new gamma knife devices available on the market involve the usage of advanced technology that removes brain tumors and other abnormalities with noninvasive procedures. They also help in ablating high doses of radiation while reducing the exposure to surrounding healthy tissues. 

Surgical gamma knife devices emit minute beams of radiation on targeted cells. This helps in delivering strong doses of radiation to the required areas in the brain with refined precision. The market for gamma knife is growing rapidly due to the advanced features of gamma knife systems that provide neurosurgeons effective solutions in times when they cannot operate lesions in the brain by surgery.  

In addition, the demand for these devices is growing mainly due to the increasing prevalence of cancer and obesity, as well as the growing geriatric population across the globe. Patients suffering from cancer, arteriovenous malformations, or brain dysfunctions such as trigeminal neuralgia find gamma knife as the best noninvasive alternative that helps ablate the physical trauma without the majority of risks associated with conventional surgery.

Based on a market research study by Persistence Market Research, the market for gamma knife is expected to grow at a CAGR of 3.6% between 2014 and 2020 in order to reach an estimated US$651.2 mn by 2020 from US$526.7 mn in 2014.

Asia Market for Gamma Knife to Rise Rapidly

In the past few years, gamma knife surgery has changed the overall outlook of neurosurgical treatments in the field of neurosurgery. The technological developments and enhanced neurosurgical treatments offered to patients suffering from brain tumors, other abnormalities, and vascular malformations have provided accurate, safe, and reliable treatment options. A gamma knife surgery enables patients to undergo a noninvasive form of brain surgery without any surgical risks or the need to stay longer at a hospital, medical facility, or rehabilitation center.  

By region, the market for gamma knife in Asia is expected to rise rapidly in the coming years. This is due to the increasing prevalence of cancer and growing geriatric population in this region

However, currently, North America is the leading region in the gamma knife market, anticipated to grow from US$217.1 mn in 2014 to an estimated US$269.9 mn by 2020. The gamma knife market in this region is expected to rise at a CAGR of 3.7% during the forecast period.