Brain Base Knife Package Market Increased Demand Expected to Soar Revenue during Forecast Period 2018-2026
July 16, 2019 by Steve Blade
Brain base knife package is used for treatment of brain tumors. Brain tumor is an unwanted and abnormal growth of tissue in the brain which could either originate in the brain called the primary tumor or travel from any other body part to the brain called secondary or metastatic tumor. When the brain tumor has spread, two treatment options are advised, whole brain radiation therapy and stereotactic radiosurgery (includes brain base knife package). Stereotactic radiosurgery includes use of brain base knife package for treatment of these brain tumors. Brain Base Knife Package Market uses low dosage gamma radiation on a precise target for many sources.
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Site-specificity of the brain base knife package and target localization contributes to a highly efficient brain base knife package. The most common brain base knife package includes Gamma knife. Gamma knife radiosurgery is a minimally invasive procedure and is usually performed in outpatient setting which further do not require hospital stay. The advantage of using these brain base knife packages is that it focuses the beam of radiations on targeted areas for treatment, sparing all the other healthy surrounding tissues.
Brain base knife package Market: Drivers and Restraints
Owing to minimally invasive treatment procedures with less side effects, Brain base knife package is expected a growing demand in market. Other drivers of the Brain base knife package market includes advancement in medical technology, increasing prevalence of cancer such as brain tumors or meningioma, cancers, different neurological disorders. Vast application of these instruments in different hospitals or surgical centers is expected to drive the revenue growth of Brain base knife package industry. Also focus on the novel treatment techniques for several neurological diseases drive the acceptance of Gamma Knife or Brain base knife. High price is one of the major factor which may prevent the growth of Brain base knife treatment implementation. Also factors like lack of trained healthcare professionals, availability of the equipment and unawareness restraints the growth of Brain base knife package market.
Brain base knife package Market: Overview
The global market for Brain base knife package is anticipated to generate significant revenue with a huge growth during the forecast due to high demand of minimally-invasive methods for the treatment for serious indications. Based on indication, global market for Brain base knife package sub segmented into several parts but among those increasing rate of meningioma or brain cancer, is expected to drive growth of the Brain base knife package market. By end user, the Brain base knife package market is gaining a huge revenue from ambulatory surgical centers due to requirement of highly developed infrastructure for such systems.
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Brain base knife package Market: Regional Outlook
Geographically, the global brain base knife package market is segmented into North America, Latin America, Europe, CIS & Russia, Asia-Pacific Excluding Japan, Japan and the Middle East & Africa. North America is expected to remain as the dominant market player in global Brain base knife package market on the account of growing healthcare applications of Brain base knife package as compared to other regions. Europe also contribute the second largest revenue share in the global Brain base knife package market throughout the forecast period owing to the bulk of demand for Brain base knife package system across the region. However fastest growth is expected from Asia-Pacific, mainly from countries such as Japan and China due to robust acceptance of Brain base knife package in healthcare sector.
Brain base knife package Market: Key Players
Brain base knife package manufacturers focus on improved precision with even better accuracy of targeting the radiation. The brain base knife package market is highly fragmented owing to presence of a large number of domestic manufacturers. Examples of some of the key players operating in the Brain base knife package market are Major manufacturers for brain base knife package include: The Cooper Companies, Inc., Malco Products, Microsurgical Technology, Medtronic, CONMED Corporation, Stryker and Teleflex Incorporated, Elekta AB, Jaeger Corporation and others.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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