Rising number of patients battling brain tumor is expected to fuel the global radiosurgery market growth, according to Fortune Business Insights in its report, titled “Radiosurgery Market”, Size, Share and Global Trend By Indication (Cobalt 60 Systems (Gamma Knife), Electron-Emitting High-Energy Linear Accelerators(Linac), Proton Beam Therapy), By End User (Hospitals, Clinics, Others) and Geography Forecast till 2026”. A detailed assessment of the key factors determining the growth and development pattern of the market has also been incorporated in the report. Radiosurgery refers to an unconventional surgery method which is performed using radiation. It has two types – stereotactic and staged. In stereotactic radiosurgery, targeted radiation is delivered in large doses to shrink or destroy tumors and lesions. It is a non-invasive procedure and is considered less hazardous than conventional surgeries. The other type of radiosurgery is called staged radiosurgery which is the same as its stereotactic counterpart, but the doses are divided into smaller parts and delivered on separate days or stages.
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RD Collaborations to Make Competition Dynamic
Serious players are adopting different strategies to gain a competitive edge in the global radiosurgery market. One of the strategies is to enter into partnership with research institutes and expand market reach. For example, the Belgian medical technology company, Ion Beam Applications, signed a contract with the University of Kansas Health System to install its proton beam therapy unit, Proteus One, in Kansas. Regulatory approvals are also playing a critical role in pumping up investment in innovation among the companies. For instance, in late 2017, the FDA green lit Xcision Medical’s non-invasive stereotactic radiotherapy system which is designed to treat breast cancer.
Fortune Business Insights has profiled some of the key players in the global radiosurgery market. These include IsoRay, Inc., Mallinckrodt Public Limited, Siemens, Ion Beam Applications SA, Mevion Medical Systems, Inc., Varian Medical Systems, C.R. Bard, Inc., Accuray Incorporated, and others.
An Overview of the Impact of COVID-19 on this Market:
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