Cyber Knife MarketSize and Trends

Increase in incidences of cancer around the globe is expected to support the growth in cyber knife system market over the forecast period

Cyber knife is known for its radiology accuracy of 0.5 mm to 1.1 mm, which are used to treat cancerous cells or brain tumors. Geographically, North America and Europe regions are projected to lead the demand for cyber knife market due to the increase in geriatric population, prevalence of chronic diseases and growing demand for less time consuming treatments, increase in incidence of cancer and a shift towards painless and non-invasive surgeries. As owing to the large patient population pool in the countries such as China and India, cyber knife market is projected to grow in the forecast period.

In 2016, according to the American Cancer Society, it was estimated around 1,690,000 cases of cancer were diagnosed and around 596,000 cancer deaths occurred in the U.S. due to the increase in geriatric population, lack of physical exercise, over weight an and smoking accounts for high proportion of cancer worldwide, this is expected to led the demand for the cyber knife system in the near future.

According to the Cancer Research UK, Worldwide cancer cases were around 14.1 million, deaths were around 8.2 million in 2012, whereas worldwide 1 million adults currently smoke cigarettes and smoking is the most preventable cause of death in the world, the second most is alcohol consumption. According to the American Cancer Society, in Europe, it was estimated around 3.5 million new cancer cases occurred in 2012, lung and colorectal cancer are the most common causes of cancer death in this region.

Cyber knife market taxonomy

Cyber Knife Market by Application: