Noris Heyman Insights
Gamma Knife Market Outlook and Analysis
Gamma Knife Market Outlook and Analysis
Gamma Knife is primarily an advanced radiation treatment approach for patients with small to medium brain tumors, abnormal blood vessel formations and epilepsy. It is also used in neurological conditions including trigeminal neuralgia. Demand for gamma knife is increasing with rise in prevalence rate of brain tumors.
According to Bekryl Market Intelligence firm, the Gamma Knife Market revenue is valued well above US$ 179 Mn in 2018. The firm states device to be highly popular in North America, however, still lags far behind in developing region with higher addressable market. Higher device cost has somewhat slowed the full potential growth. Only multi-chain hospitals and government run medical centers find the device to viable. gamma knife costs near around US$ 5.5 Mn – which is higher than many other allied devices by 28%.Tecnological advancement is expected to lower the prices and will further help in expansion through range of hospitals in near future.
As of 2018, top three players accounted for 92% of global share. There are nearly 350 gamma knife centers available globally, offering treatment to 70 thousand patients each year worldwide.
North America to Dominate the Gamma Knife Market Value
North America gamma knife market is expected to be valued over USD 65 million in 2019. Western Europe and developed regions in Asia Pacific will fall behind North America. Many new centers are expected to emerge in near future with companies focusing on partnership based model to ensure long term supply. Higher demand for gamma knife is attributed to the good government insurance policies and higher healthcare expenditure (18%). In Asia Pacific, China and India will account for major share. Healthcare spending in these countries is increasing. Moreover, there has been surge in FDI in last five years. Specialized Multi-chains hospitals is increasing along with rise in medical tourism. All these factors are expected to play a key role in overall these regions are well known for medical tourism.
Global Gamma Knife Market Size and Forecast: Competition Landscape
Some key players covered in the report are Elekta, Varian Medical Systems, and Huiheng Medical, Inc. Elekta is the global leader with good presence in North America and Europe.
Gamma Knife Market Research Scope
Bekryl has analyzed gamma knife revenue based on its end-use purchase and application
By Therapeutic Application:
- Tumors
- Brain Metastasis
- Acoustic Neuroma
- Pituitary Adenoma
- Glioblastoma
- Meningioma
- Others
- Pain and Movement Disorders
- Essential Tremor
- Trigeminal Neuralgia
- Vascular
- Arteriovenous Malformation
- Others
By End-use
- Gamma Knife Centers
- Hospitals
- Others
To access more industry related insights, visit: https://bekryl.com/industry-trends/gamma-knife-market-share-analysis
To access other Market Intelligence Report, visit: https://bekryl.com/
Gamma Knife Market Outlook and Analysis
Gamma Knife Market Outlook and Analysis
Gamma Knife is primarily an advanced radiation treatment approach for patients with small to medium brain tumors, abnormal blood vessel formations and epilepsy. It is also used in neurological conditions including trigeminal neuralgia. Demand for gamma knife is increasing with rise in prevalence rate of brain tumors.
According to Bekryl Market Intelligence firm, the Gamma Knife Market revenue is valued well above US$ 179 Mn in 2018. The firm states device to be highly popular in North America, however, still lags far behind in developing region with higher addressable market. Higher device cost has somewhat slowed the full potential growth. Only multi-chain hospitals and government run medical centers find the device to viable. gamma knife costs near around US$ 5.5 Mn – which is higher than many other allied devices by 28%.Tecnological advancement is expected to lower the prices and will further help in expansion through range of hospitals in near future.
As of 2018, top three players accounted for 92% of global share. There are nearly 350 gamma knife centers available globally, offering treatment to 70 thousand patients each year worldwide.
North America to Dominate the Gamma Knife Market Value
North America gamma knife market is expected to be valued over USD 65 million in 2019. Western Europe and developed regions in Asia Pacific will fall behind North America. Many new centers are expected to emerge in near future with companies focusing on partnership based model to ensure long term supply. Higher demand for gamma knife is attributed to the good government insurance policies and higher healthcare expenditure (18%). In Asia Pacific, China and India will account for major share. Healthcare spending in these countries is increasing. Moreover, there has been surge in FDI in last five years. Specialized Multi-chains hospitals is increasing along with rise in medical tourism. All these factors are expected to play a key role in overall these regions are well known for medical tourism.
Global Gamma Knife Market Size and Forecast: Competition Landscape
Some key players covered in the report are Elekta, Varian Medical Systems, and Huiheng Medical, Inc. Elekta is the global leader with good presence in North America and Europe.
Gamma Knife Market Research Scope
Bekryl has analyzed gamma knife revenue based on its end-use purchase and application
By Therapeutic Application:
- Tumors
- Brain Metastasis
- Acoustic Neuroma
- Pituitary Adenoma
- Glioblastoma
- Meningioma
- Others
- Pain and Movement Disorders
- Essential Tremor
- Trigeminal Neuralgia
- Vascular
- Arteriovenous Malformation
- Others
By End-use
- Gamma Knife Centers
- Hospitals
- Others
To access more industry related insights, visit: https://bekryl.com/industry-trends/gamma-knife-market-share-analysis
To access other Market Intelligence Report, visit: https://bekryl.com/
Automotive Human Machine Solutions Market Assessment - Key Factors Shaping the Industry Growth
World Automotive Human Machine Interface Solutions Market Size Analysis
According to Bekryl Market Analysts, World Automotive human machine interface solutions market is valued over USD 3.1 Bn and will grow by 1.9X by 2028. The market is registering impressive growth and will be a disruptive force to automotive industry. Rise in digitization along with higher integration of IoT has largely boosted the HMI solutions in automobiles.
Automotive Human Machine Interface Solutions Market Dynamics
Automotive HMI market will gain significant growth owing to major developments in telematics and infotainment side. Nowadays, majority of the functions are operated through applications and smartphone.
This trend was largely limited to premium cars, however, is gaining prominence among economic and low-end vehicles. This has boosted the overall demand for human machine interface.
Technological transformation in automotive industry will have huge impact on unit sales. Human machine interface is evolving at a fast pace. Various factors are expected to boost the automotive HMI market worldwide. Rise in vehicle connectivity and emergence of autonomous vehicles are key factors driving the overall HMI solutions. Since 2005, number of accident cases has manifold. Most of such cases arises from driver inebriated conditions or inability to take sound decisions. As such, driver behavior analysis has been at core of the research. Companies are developing interface that can understand driver mindset and intentions – thereby minimizing any fatal casualties. Multimodal interface will gain high traction owing to demand for complex decision making abilities. IoT and artificial intelligence will be at core of the fundamental research in HMI for another ten years.
World Automotive Human Machine Interface Solutions Market Size: Technology Assessment
On the basis of technology, automotive HMI market value is analyzed across
- Acoustics Interface
- Visual Interface
- Mechanical Interface
- Haptic Interface
North America Automotive Human Machine Interface Solutions Market Size
According to Bekryl, North America is the leading destination for vendors. The region accounted for over 55% of total revenue in 2018. The trend is likely to continue throughout the forecast period, owing to higher R&D spending and emergence of innovative digitized companies.
Explore full global automotive human machine interface solutions market report analysis and TOC, Understand what key factors are driving the market. Visit: https://bekryl.com/industry-trends/hmi-automotive-human-machine-interface-solutions-market-share-analysis
