Cyber knife is a painless, non-invasive robotic radiosurgery technique used to treat brain tumors. It uses a mix of surgically implanted internal fiducials and light-emitting optical fibers that are put on the patient's body and tracked by an infrared tracking camera. Cyberknife systems have been cleared by the FDA for the treatment of cancerous tumors. The potential benefits of the cyberknife system include no incision, no blood loss, no pain, and no overnight hospitalization. It is faster and more accurate and it allows the patient to breathe normally during treatment.
MARKET SCOPE
The Cyber Knife Market is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Cyber Knife Market with detailed market segmentation by application, , end-user, and geography. The report provides key statistics on the market status of the leading Cyber Knife Market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on Application, the market is segmented into
I. Lung Cancer
II. Brain Cancer
III. Liver Cancer
IV. Pancreas Cancer
V. Others
- On the basis of End-User, the market is segmented into
I. Hospitals
II. Clinics
III. Ambulatory surgical centers
IV. Radiotherapy centers
V. Others
MARKET DYNAMICS
Drivers:
- Increasing prevalence of the various types of cancer such as pancreas, liver, lung, prostate, spine, and cancer of the throat.
- Increasing geriatric population.
- Increasing initiatives by the Government.
- Growing non-invasive and minimally -invasive procedures as well as the adoption of the cyber knife in developed countries.
- Lack of awareness about the cyber knife.
- Lack of skilled professionals.
- Lack of awareness about the cyber knife.
- Lack of skilled professionals.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South And Central America. The Cyber Knife Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South And Central America after evaluating political, economic, social and technological factors affecting the Cyber Knife Market in these regions.
IMPACT OF COVID-19 ON CYBER KNIFE MARKET
COVID-19 first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has affected the growth of this market worldwide due to the business shutdown, worldwide lockdown, and supply and trade disruptions. While the situation is rapidly evolving, the pandemic had already disrupted the world in three ways the direct health impact the impact on the healthcare system, and the social and economic consequences of the pandemic. Patient visits to hospitals have been considerably reduced as a result of the lockdown in many nations. Surgeons do a battery of clinical tests before beginning interventional operations.
MARKET PLAYERS
The report covers key developments in the Cyber Knife Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the Cyber Knife Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Cyber Knife Market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Cyber Knife Market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- GE Healthcare
- Accuray Incorporated
- Elekta AB
- Nucletron B.V.
- Hitachi America
- IBA Group
- Mitsubishi Electric
- Nordian Inc.
- Philips Healthcare
- Varian Medical Systems