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Global Gamma Knife Market to reach USD XX billion by 2027.

Global Gamma Knife Market Size study, by Indication (Malignant Tumors, Benign Tumors, Vascular Disorders, Functional Disorders, Ocular Diseases) and Regional Forecasts 2021-2027

Product Code: HLSDT-20088009
Publish Date: 15-08-2021
Page: 200

Global Gamma Knife Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027.
Gamma Knife is a radiation therapy that uses a technology driven planning software which helps the doctors and physicians discover the minute areas in the brain with critical examination.
Increasing adoption of the gamma knife system in hospitals and increase in cases of brain tumors are the factors contributing to the market growth. For instance: according to American Brain Tumor Association (ABTA), there were approximately 700,000 people who suffered from a brain tumor in the U.S in the year 2017, and it is expected that approximately 80,000 new primary brain tumor cases will be diagnosed every year in the near future. However, huge cost involved in the machines and treatment impedes the growth of the market over the forecast period of 2021-2027. Also, technological advancements and an inclination towards Minimally Invasive Surgeries (MIS) is likely to increase the growth of the market in the forecasting period.

The regional analysis of global Gamma Knife market when considering for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World has led to the analysis that Asia Pacific is a significant region across the world in terms of market share owing to increasing cases of brain tumor, rapid growth in the healthcare infrastructure and raising awareness towards the non-invasive treatment alternatives. Whereas, Europe is anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as increasing adoption towards the gamma knife system would create lucrative growth prospects for the Gamma Knife market across Asia-Pacific region.

Major market player included in this report are:
Elekta AB
American Radiosurgery Inc
MASEP Medical Science & Technology
Mitsubishi Electric
IBA Group
Hitachi America
GE Healthcare
Philips Healthcare

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Indication:
Malignant Tumors
Benign Tumors
Vascular Disorders
Functional Disorders
Ocular Diseases
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Gamma Knife Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Gamma Knife Market, by Region, 2019-2027 (USD Billion)
1.2.2. Gamma Knife Market, by Indication, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Gamma Knife Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Gamma Knife Market Dynamics
3.1. Gamma Knife Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Increasing adoption towards the gamma knife system in the hospitals Increase in the cases of brain tumours
3.1.2. Market Challenges Huge cost involved in the machines and treatment
3.1.3. Market Opportunities Technological advancements Inclination towards Minimally Invasive Surgeries (MIS)
Chapter 4. Global Gamma Knife Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Gamma Knife Market, by Indication
5.1. Market Snapshot
5.2. Global Gamma Knife Market by Indication Performance – Potential Analysis
5.3. Global Gamma Knife Market Estimates & Forecasts by Indication 2018-2027 (USD Billion)
5.4. Gamma Knife Market, Sub Segment Analysis
5.4.1. Malignant Tumours
5.4.2. Benign Tumours
5.4.3. Vascular Disorders
5.4.4. Functional Disorders
5.4.5. Ocular Diseases
Chapter 6. Global Gamma Knife Market, Regional Analysis
6.1. Gamma Knife Market, Regional Market Snapshot
6.2. North America Gamma Knife Market
6.2.1. U.S. Gamma Knife Market Indication breakdown estimates & forecasts, 2018-2027
6.2.2. Canada Gamma Knife Market
6.3. Europe Gamma Knife Market Snapshot
6.3.1. U.K. Gamma Knife Market
6.3.2. Germany Gamma Knife Market
6.3.3. France Gamma Knife Market
6.3.4. Spain Gamma Knife Market
6.3.5. Italy Gamma Knife Market
6.3.6. Rest of Europe Gamma Knife Market
6.4. Asia-Pacific Gamma Knife Market Snapshot
6.4.1. China Gamma Knife Market
6.4.2. India Gamma Knife Market
6.4.3. Japan Gamma Knife Market
6.4.4. Australia Gamma Knife Market
6.4.5. South Korea Gamma Knife Market
6.4.6. Rest of Asia Pacific Gamma Knife Market
6.5. Latin America Gamma Knife Market Snapshot
6.5.1. Brazil Gamma Knife Market
6.5.2. Mexico Gamma Knife Market
6.6. Rest of The World Gamma Knife Market

Chapter 7. Competitive Intelligence
7.1. Top Market Strategies
7.2. Company Profiles
7.2.1. Elekta AB Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
7.2.2. American Radiosurgery Inc
7.2.3. MASEP Medical Science & Technology
7.2.4. Mitsubishi Electric
7.2.5. BrainLab
7.2.6. IBA Group
7.2.7. Hitachi America
7.2.8. GE Healthcare
7.2.9. RaySearch
7.2.10. Philips Healthcare
Chapter 8. Research Process
8.1. Research Process
8.1.1. Data Mining
8.1.2. Analysis
8.1.3. Market Estimation
8.1.4. Validation
8.1.5. Publishing
8.2. Research Attributes
8.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
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Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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