This Gamma Probe Device market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Gamma Probe Device market.
Gamma probe device helps surgeons to recognize radio-labelled tissue during pre-operation and intra-operation for radio guided analysis, diagnosis and surgery. Surgeons regularly find it difficult to locate tissues, such as tumors, parathyroid glands, and lymph nodes, within the human body. Therefore, proper utilization of a gamma probe device lets the medical professional to make a smaller incision and the tissues of interest have been located. A standout amongst the most well-known employments of gamma probe device is in one of the surgery called Sentinel Node Biopsy, used to decide if a tumor has metastasized, or spread to new areas. The carrier substance or radionuclide such as Technetium-99m or Nano colloid or sestamibi are used as tracer for gamma probe device. Sentinel Node Biopsies most commonly use a radioisotope called Technetium-99m.
Gamma Probe device market: Drivers and Restraints
The Gamma probe device marketplace is pushed by using the factors like product launches with advanced function, growing occurrence of breast cancers and rising focus among population about benefits of gamma radiation over different detection technique which include X-ray growing adoption amongst patients and its utilization through surgeons . On other hand, choice of value-effective alternatives by patients is predicted to be the main restraining factor for gamma probe device market. The system is aided by using the functions like wireless, easy to operate, extended lifestyles, and the ergonomic stainless steel probes are expected to be other fueling factor for the growth of Gamma Probe device market. Moreover, key players operated in Gamma probe device market followed inorganic strategies consisting of complete service assist to the present Navigator GPS device within the field. According to International Atomic Energy Agency (IAEA), parathyroid detection is developing rapid, whilst the intraoperative use of gamma probes for direct tumor detection is simply emerging.
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Gamma probe device market: Market Overview
A gamma probe device is a handheld tool containing a scintillation counter, for intraoperative use following injection of a radionuclide, to find sentinel lymph nodes by their radioactivity. It is used often for sentinel lymph node mapping and parathyroid surgery. Gamma probes are also used for RSL (radioactive seed localization), to find small and non-palpable breast lesions. To discover the draining lymph nodes or sentinel lymph node from a breast most cancers tumor a Technetium-99m based totally radiopharmaceutical is common. On basis of modality, Gamma probe tool market is segmented as Standalone and Mobile gadgets. Mobile sort of devices are expected to capture essential marketplace due to continuous product development and innovation in the generation. On basis of application type Gamma probe device market is segmented as Parathyroid surgical treatment and Sentinel Lymph Node Mapping. Parathyroid surgical operation is broadly utilized in gamma probe gadgets. By end customers Hospital is predicted to stay maximum marketplace cost in Gamma probe device marketplace.
Gamma probe Device market: Regional Outlook
North America market commands the Gamma probe device market in terms of revenue commitment as compared to that of markets in other regions. Increase in number of cancer affected patients, increases the demand for nuclear medicines, technology advancement and new product development by major players operating in the market thereby boosting growth of Gamma probe device market. Europe represents second-largest revenue share commitment to the Gamma probe device market, trailed by business markets in Latin America, Asia Pacific, and the Middle East & Africa respectively. The Gamma probe device market in the Asia Pacific is anticipated to register comparatively faster growth in terms of revenue over the coming years, attributable to the increasing prevalence of cancer diseases in the regions. The Gamma probe device market Asia Pacific is expected to witness rapid growth over the forecast period owing to the increasing incidence of cancer, rising healthcare spending, and awareness regarding the disease in the region.
Gamma probe device market: Key Players
The market leaders in Gamma probe device market are
- Dilon Technologies, Inc.
- Lake Shore Cryotronics, Inc.
- Wake Medical Ltd.
- Ziteo Inc.,
- Intramedical Imaging
- Berkeley Nucleonics Corporation
- Raditec Medical AG
- Tron Medical Ltd
- BNC Scientific
Key data points covered in report
The report covers exhaustive analysis on:
- Gamma probe device by types of Modality type, application type, end users and region
- Regional level market analysis of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East & Africa by end user and country segments
- Gamma probe device Market Dynamics & Opportunity Assessment
- Historical Actual Market Size, 2013 - 2017
- Gamma probe device Market system market Size & Forecast 2018-2028
- Gamma probe device Market Current Trends/Issues/Challenges
- Competition & Companies involved
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Gamma Probe device market: Segmentation
The Gamma probe device market is segmented based on by the type of Modality, by application, by end user, and by region.
By type of Modality, Gamma probe device market is segmented as:
By Application, Gamma probe device market is segmented as:
- Parathyroid Surgery
- Sentinel Lymph Node Mapping
By End User, Gamma probe device market is segmented as:
- Ambulatory Surgical centers
- Other end users
- Shifting Industry dynamics
- In-depth Angiogenesis Assays Market segmentation
- Historical, current and projected industry size Recent industry trends
- Key Competition landscape, market structure, regulatory scenario
- Epidemiology outlook for diseases
- Economical spending, regional healthcare outlook, consumer healthcare expenditure
- Availability of device, cost of the test, specificity and sensitivity
- Strategies for key players and product offerings, Channel strategies, regional foot print, channel footprint
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance in terms of value
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- The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
- An overview of the market report, providing an imperative visual of the varied market subdivisions and overall forecast statistics in terms of value and volume
- Extensive database and key dynamics elevating the market with varied verticals associated
- Underlying Gamma Probe Device Market forces that are compelling consumers or businesses to purchase the product
- How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Gamma Probe Device Market
- What will be environment and regulatory impacts on the market over the next decade
Which framework has been used to develop the Gamma Probe Device Market report?
- Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
- Relative Maturity Mapping – The relative maturity is measured according to three growth phases (growth, maturity, decline)
- Relative PLC (Product Life Cycle) – Analysis of the emergence of prominent players and competitive test prices which are driving factors behind every market. (expected market behavior, observed market behavior, expected market performance, observed market performance)