Stereotactic Surgery Devices Market Scenario —
Stereotactic Surgery Market is used to treat and diagnose several neurological diseases. In stereotactic brain surgery for brain tumour, tumour is removed with assistance of image guidance, that is previously obtained images are used to guide the surgeon to the exact location of the lesion in the brain.
Global stereotactic surgery devices market is expected to grow significantly over the forecast period. It is anticipated that the market held a market value of USD 16.59 billion in 2017 and is projected to grow at a CAGR of 5.2% over the forecast period.
Additional factors having a synergistic effect on the growth of the stereotactic surgery devices market include the increasing number of technological advancements, increasing number of ambulatory services, and government initiatives.
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Global Stereotactic Surgery Devices Market, by Key Players
The structure of stereotactic surgery devices market is changing due to the acquisition of local manufactures by multinational companies. Due to the increasing competition in the market, multination companies are using the strategy of acquisition, which has increased the profit of the company as well as significantly reduced the competition.
Koninklijke Philips N.V.
Huiheng Medical, Inc.
Mitsubishi Heavy Industries, Ltd.
Varian Medical Systems
Hitachi Medical Systems
Ferring B. V.
Shinva Medical Instrument Co., Ltd
Elekta AB, are some of the key players in the global stereotactic surgery devices market.
Stereotactic Surgery Devices Market – Segmentations
The global stereotactic surgery devices market has been segmented into product type and application.
Global Stereotactic Surgery Devices Market, by Product Type
Linear Accelerators (LINAC)
Proton Beam Therapy
Global Stereotactic Surgery Devices Market, by Application
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Geographically, the Americas is anticipated to dominate the global stereotactic surgery devices market owing to the growing prevalence of neurological diseases, presence of developed healthcare infrastructure, and high disposable income. According to the National Organization for rare Diseases, approximately 10,000-15,000 new cases of trigeminal neuralgia occur each year in the US.
Europe is expected to hold the second largest position in the global stereotactic surgery devices market. The market growth in this region is attributed to the increasing occurrences of brain diseases and presence of developed healthcare sector.
The stereotactic surgery devices market in Asia-Pacific region consists of countries namely China, Japan, Republic of Korea, India, Australia and Rest of Asia-Pacific. The Asia-Pacific region is expected to be fastest growing region owing to the growing prevalence of brain-related diseases and continuously growing healthcare sector.
The Middle East & Africa has the least share of the market. Majority of the market of this region is expected to be held by the Middle East region due to a well-developed healthcare sector and growing government initiatives for the healthcare sector.
Table Of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
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Chapter 4. Market Dynamics
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