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Date Submitted: 01/11/2016 11:08 PM
Global Gamma Knife Market - Asia represents the fastest
growing region 2014 to 2020
Persistence Market Research
Global Gamma Knife Market is expected to
reach at a CAGR of 3.6% from 2014 to 2020 Persistence Market Research
Persistence Market Research
1
Global Gamma Knife Market - Asia represents the fastest
growing region 2014 to 2020
Persistence Market Research Released New Market Report “Global Market Study on
Gamma Knife - Asia to Witness Highest Growth by 2020,” the global Gamma Knife
market is valued at USD 526,733 million 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 Million in 2020.
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 a 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 526.73 million in 2014 to USD 651.241 Million by
2020 at a CAGR of 3.6% during the forecast period.
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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...