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Middle East & Africa Gamma Knife Market Research Report - Segmented By Disease Indication & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA) - Industry Analysis, Size, Share, Growth, Trends, & Forecasts (2023 to 2028)

Published: March, 2023
ID: 7969
Pages: 145
Formats: report pdf report excel report power bi report ppt

Middle East & Africa Gamma Knife Market Size & Growth (2023 to 2028)

As per the research report, the size of the Middle East and Africa Gamma Knife Market is valued at USD 23.86 million in 2023 and estimated to be growing at a CAGR of 7.5%, to reach USD 34.26 million by 2028.

Essential factors such as the increasing prevalence of cancer, brain tumors, and neurological diseases, growing adoption of gamma knife instruments in surgical centers, preference for minimally invasive surgeries, and upgrading and advancements in technology are expected to boost the MEA gamma knife market. 

According to 2018 data, the global cancer burden has increased to 18.11 million new cases and 9.65 million cancer-related deaths. This increase in cancer incidence is mainly due to lifestyle changes coupled with the rise in the geriatric population affected by cancer; this drives the need for non-invasive and precise treatment with fewer side effects. 

A non-invasive procedure such as the gamma knife has more excellent safety, causes minor damage to surrounding tissues, and offers micro-precision in treating target brain cells. This technology involved in surgery and the attractive advantages over open surgeries is another important growth driver. The rising adoption of gamma knives in surgery centers due to increasing preference for minimally invasive techniques is also expected to drive the market. 

The continuous evolution of technology is one of the critical factors attributed to its high adoption. In addition, the adoption of imaging and integrated software, improved workflow, and increased clinical applications have also led to extensive use of these devices in surgical centers.

However, some factors which will affect the MEA gamma knife market involve the high cost of installing the technology and the procedure, which cannot be affordable for everyone. The cost of treatment also depends on the severity of the tumor and its risks. Lack of knowledge about this alternative surgical treatment in emerging countries may also restrain the growth of the studied market.

This research report on the MEA Gamma Knife Market has been segmented and sub-segmented into the following categories.

By Disease Indication:

  • Brain Metastasis
  • Cancer
  • Trigeminal Neuralgia
  • AVM
  • Others

By Country:

  • KSA
  • UAE
  • Israel
  • rest of GCC countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • rest of MEA

Geographically, the Middle East & Africa Gamma Knife Market led the overall market in revenue due to the high incidence of brain tumors and the increased awareness among healthcare professionals of non-invasive treatment alternatives during the forecast period.

The UAE Gamma Knife Market is predicted to grow at a decent CAGR due to the high adoption of the latest instruments in surgical centers. In addition, a well-developed healthcare infrastructure will be responsible for the predominance of the region.

The Saudi Arabia Gamma knife Market is considered the second-largest market in sales revenue. The main factors responsible for market growth are the increasing burden of neurological disease, cancers, and brain tumors coupled with the growing adoption of gamma knife instruments in hospitals and clinics. 

The South African Gamma Knife Market is projected to witness a decent CAGR due to the rapidly developing economies, improving healthcare facilities, increasing adoption of expensive and technologically advanced products, and increasing geriatric population are some of the factors supporting the growth of the MEA region.

KEY MARKET PLAYERS

Leading companies dominating the MEA Gamma Knife Market profiled in the report are Varian Medical Systems, Elekta AB, Cyber Medical Corporation Ltd., Huiheng Medical Inc., Masep Infini Middle East and Africa, Inc., Hokai, Nordion Inc., ET Medical group, and American Shared Hospital Services among others.,

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