Industry Background:
A stereotactic frame is a metal device fitted over the head of a patient about to undergo brain surgery. It creates a 3-coordinate reference system for precise surgical intervention independent of patient movement between the planning phase and the actual operation. Frames are often used for biopsies and the surgical treatment of Parkinson's disease, epilepsy and other conditions. These devices are primarily used in radiosurgery. Ever since the frame is visible to imaging systems, it facilitates planning the operation and navigating during surgery. The devices offer the same advantages during standard neurosurgical procedures.This growth is primarily driven by Rising Geriatric Population among the World, Diseases Caused By Changed Lifestyles Such As Diabetes and Obesity, A Rising Parkinson’s Disease Prevalence across the Globe and Latest Technological Advancements.
Major Players, such as adeor Medical AG (Germany), Elekta (Sweden), Harbin Howell Medical Apparatus and Instruments Co (China), inomed Medizintechnik GmbH (Germany), Micromar (Brazil), Mizuho Medical Co., Ltd. (Japan), Monteris Medical (United States) and Shenzhen Anke High-Tech (China) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 28 Sept. 2016, Elekta, a global leader of stereotactic frames has introduced Leksell Vantage Stereotactic System, the latest system for very precise neurosurgery, at the European Society for Stereotactic and Functional Neurosurgery (ESSFN) meeting.
Market Drivers
- Rising Geriatric Population among the World
- Diseases Caused By Changed Lifestyles Such As Diabetes and Obesity
- A Rising Parkinson’s Disease Prevalence across the Globe
- Latest Technological Advancements
Market Trend
Restraints
- A High Price of the Product
Opportunities
Emerging Demand from Developed & Developing Countries
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