Report ID: UCMIG35A2441
Report ID:
UCMIG35A2441 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The market for gamma knife, a non-invasive neurosurgical technology used for treating brain tumors and other neurological disorders, achieved a significant milestone in 2021 with a valuation of USD 364.6 million. Moving forward, it is projected to experience a steady growth trajectory, with a compound annual growth rate (CAGR) of 5.0% anticipated between 2022 and 2030. This expansion can be attributed to the increasing prevalence of brain tumors and neurological conditions worldwide, coupled with advancements in gamma knife technology and rising demand for minimally invasive treatment options. With these factors driving market growth, the global gamma knife market is poised to offer lucrative opportunities for industry players and contribute to the improvement of patient outcomes in the coming years.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35A2441