Veterinary Stereotactic Radiosurgery System Market Size, Share & Trends Analysis Report By Modality Type (Gamma Knife, Linear Accelerator, Particle Beam Radiation therapy, Cyber Knife), And Segment Forecasts, 2019 - 2026

Published: Nov, 2019 | Pages: 110 | Publisher: Grand View Research
Industry: Healthcare | Report Format: Electronic (PDF)

The global veterinary stereotactic radiosurgery systems market size is anticipated to reach USD 4.4 billion by 2026, according to a new report published by Grand View Research, Inc. It is expected to expand a CAGR of 11.4% during the forecast period. Rising prevalence of cancer in pets coupled with rising pet ownership and pet owners' willingness to spend on pet health is expected to drive the market.

According to the Animal Cancer Foundation in 2018, approximately 85% to 98% of primary bone tumors in dogs are osteosarcoma, which is similar to childhood and adolescent osteosarcoma in humans. This disease requires urgent and effective treatment like Stereotactic Radiosurgery (SRS). High prevalence of such diseases is anticipated to drive the growth of the market. Technological advancements in veterinary stereotactic radiosurgery systems coupled with their advantages of Stereotactic Radiotherapy (SRT) over conventional curative radiation therapy are anticipated to further propel the growth. The surgery increases canine survival rate in canines, is further fueling the market growth. For instance, the American College of Veterinary Radiology published a study titled, Safety and Feasibility of Stereotactic Radiotherapy Using Computed Portal Radiography for Canine Intracranial Tumors in 2017. The study concluded that dogs with neurological diseases treated with SRT had a median survival time of 361 days.

The players operating in the veterinary stereotactic radiosurgery system market are collaborating with veterinary professionals and hospitals, in an attempt to increase awareness pertaining to stereotactic radiosurgery system. For instance, in September 2017, SAGE veterinary specialty and emergency animal hospital in Campbell, partnered with PetCure Oncology. The hospital used Halcyon machine, engineered by Varian Medical Systems and also delivered the first SRT treatment to dogs.

Further key findings from the report suggest:

• Particle Beam Radiation Therapy (PBRT) accounted for the largest market share in terms of revenue in 2018, owing to increasing adoption of the product in for neuroscience research in animals

• North America held the dominant market share in 2018, due to the factors, such as favorable government policies, new product launches, and rising investment in pet cancer diagnostics

• Latin America is anticipated to witness lucrative growth due to rising pet population, adoption of companion animals coupled with urgent need for effective cancer treatment for pets

• Key companies operational in the veterinary stereotactic radiosurgery system market are PetCure Oncology, Elekta AB, Accuray, and Varian Medical Systems among others

 Table of Contents

Chapter 1 Research Methodology & Scope
                   1.1 Market Segmentation & Scope
                       1.1.1 Estimates and Forecast Timeline
                   1.2 Research Methodology
                   1.3 Information Procurement
                       1.3.1 Purchased database:
                       1.3.2 GVR's Internal Database
                       1.3.3 Secondary sources
                       1.3.4 Primary Research:
                       1.3.5 Details of Primary Research
                   1.4 Information or Data Analysis
                       1.4.1 Data Analysis Models
                   1.5 Market Formulation & Validation
                   1.6 Model Details
                       1.6.1 Commodity Flow Analysis (Model 1)
                       1.6.2. Approach 1: Commodity Flow Approach
                   1.7 List of Secondary Sources
                   1.8 List of Primary Sources
                   1.9 Abbreviations
                   1.10 Report Assumptions /Key Considerations
                   1.11 Report Objectives
Chapter 2 Executive Summary
                   2.1 Market Outlook
                   2.2 Segment Outlook
                   2.3 Competitive Outlook
Chapter 3 Veterinary Stereotactic Radiosurgery System Market Variables, Trends & Scope
                   3.1 Market Lineage Outlook
                       3.1.1 Parent market analysis
                       3.1.2 Ancillary market Analysis
                   3.2 Penetration & Growth Prospect Mapping By Modality Type
                   3.3 Pipeline Analysis for Pet Cancer Treatment
                   3.4 User Perspective Analysis
                       3.4.1 Consumer behaviour
                       3.4.2 Market Influencer Analysis
                   3.5 List of Key End-users
                   3.6 Regulatory Framework
                       3.6.1 Regulatory Landscape
                       3.6.2 Standards & compliances
                   3.7 Veterinary Stereotactic Radiosurgery Systems Market Dynamics
                   3.8 Market Driver Analysis
                       3.8.1 Rising adoption of stereotactic radiosurgery to curb growing cancer cases in pets
                       3.8.2 Upsurge in pet population coupled with increasing pet ownership
                       3.8.3 Increasing investment in animal healthcare industry
                       3.8.4 Innovative technological advancements in SRT
                   3.9 Market Restraint Analysis
                       3.9.1 High cost of stereotactic radiosurgery system
                       3.9.2 Shortage of SRT treatment
                       3.9.3 Increasing incidence of pet abandonment and euthanasia
                   3.10 Industry Challenges
                   3.11 Veterinary Stereotactic Radiosurgery Market Analysis - Porters
                       3.11.1 Supplier Power: Moderate
                       3.11.2 Buyer Power: Low to Moderate
                       3.11.3 Threat of substitutes: Moderate to High
                       3.11.4 Threat of new entrants: Moderate
                       3.11.5 Competitive Rivalary: High
                   3.12 PESTEL Analysis
                       3.12.1 Political and Legal landscape
                       3.12.2 Economic LandscapE
                       3.12.3 Technology Landscape
                       3.12.4 Social Landscape
                   3.13 Major Deals and Strategic alliances
                   3.14 Market Entry Strategies
                   3.15 Opportunity Analysis
                       3.15.1 Annual patient flow
                       3.15.2 Average number of treatments per patient
                       3.15.3 Geographical location of potential clinics/oncologists
                       3.15.4 Estimated patient flow to Pet-SRS treatment centers in the geographical locations
Chapter 4 Veterinary Stereotactic Radiosurgery System Market: By Type 2015 - 2026 (Value & Volume) (USD Million)
                   4.1 Type market share analysis, 2018 & 2026
                   4.2 Segment Dashboard
                   4.3 Veterinary Stereotactic Radiosurgery Market by Modality type, 2015 to 2026
                       4.3.1 Gamma knife
                       4.3.2 Linear accelerators
                       4.3.3 Particle beam
                       4.3.4 Cyber knife
Chapter 5 Veterinary Stereotactic Radiosurgery System Market: By type, 2015 - 2026 (Value & Volume) (USD Million)
                   5.1 Regional market share analysis, 2018 & 2026
                   5.2 Regional market share Dashboard
                   5.3 Regional Market Snapshot (Market Size, CAGR, Top Verticals, Key Players, Top Trends)
                   5.4 Market Size, & Forecasts, Volume and Trend Analysis, 2018 to 2026
                   5.5 North America
                       5.5.1 Market estimates and forecast, by country, 2015 - 2026 (Value & Volume)
                       5.5.2 U.S.
                       5.5.3 Market estimates and forecast, by type, 2015 - 2026 (Value & Volume)
                       5.5.4 Canada
                       5.5.5 Market estimates and forecast, by type, 2015 - 2026 (Value & Volume)
                   5.6 Europe
                       5.6.1 Market estimates and forecast, by country, 2015 - 2026 (Value & Volume)
                       5.6.2 Germany
                       5.6.3 Market estimates and forecast, by type, 2015 - 2026 (Value & Volume)
                       5.6.4 UK
                       5.6.5 Market estimates and forecast, by type, 2015 - 2026 (Value & Volume)
                       5.6.6 France
                       5.6.7 Market estimates and forecast, by type, 2015 - 2026 (Value & Volume)
                       5.6.8 Italy
                       5.6.9 Market estimates and forecast, by type, 2015 - 2026 (Value & Volume)
                       5.6.10 Spain
                       5.6.11 Market estimates and forecast, by type, 2015 - 2026 (Value & Volume)
                   5.7 Asia Pacific
                       5.7.1 Market estimates and forecast, by country, 2015 - 2026 (Value & Volume)
                       5.7.2 China
                       5.7.3 Market estimates and forecast, by type, 2015 - 2026 (Value & Volume)
                       5.7.4 Japan
                       5.7.5 Market estimates and forecast, by type, 2015 - 2026 (Value & Volume)
                       5.7.6 India
                       5.7.7 Market estimates and forecast, by type, 2015 - 2026 (Value & Volume)
                       5.7.8 Thailand
                       5.7.9 Market estimates and forecast, by type, 2015 - 2026 (Value & Volume)
                       5.7.10 South Korea
                       5.7.11 Market estimates and forecast, by type, 2015 - 2026 (Value & Volume)
                   5.8 Latin America
                       5.8.1 Market estimates and forecast, by type, 2015 - 2026 (Value & Volume)
                   5.9 Middle East and Africa
                       5.9.2 Market estimates and forecast, by type, 2015 - 2026 (Value & Volume)
Chapter 6 Company Profiles
                   6.1 PetCure Oncology
                       6.1.1 Company Overview
                       6.1.2 Financial Performance
                       6.1.3 Product Benchmarking
                       6.1.4 Strategic Initiatives
                   6.2 Accuray Incorporated
                       6.2.1 Company Overview
                       6.2.2 Financial Performance
                       6.2.3 Product Benchmarking
                       6.2.4 Strategic Initiatives
                   6.3 Elekta AB
                       6.3.1 Company Overview
                       6.3.2 Financial Performance
                       6.3.3 Product Benchmarking
                       6.3.4 Strategic Initiatives
                   6.4 Varian Medical System
                       6.4.1 Company Overview
                       6.4.2 Financial Performance
                       6.4.3 Product Benchmarking
                       6.4.4 Strategic Initiatives

List of Tables

Table 1 List of secondary sources
Table 2 List of abbreviation
Table 3 Clinical Trials in progress for companion animals by UC Davis in 2018
Table 4 North America veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 5 North America veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 6 U.S. veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 7 U.S. veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 8 Canada. veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 9 Canada veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 10 Europe veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 11 Europe veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 12 Germany veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 13 Germany veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 14 U.K. veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 15 U.K. veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 16 France veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 17 France veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 18 Italy veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 19 Italy veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 20 Spain veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 21 Spain veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 22 APAC veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 23 APAC veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 24 China veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 25 China veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 26 Japan veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 27 Japan veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 28 India veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 29 India veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 30 Thailand veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 31 Thailand veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 32 South Korea veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 33 South Korea veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 34 LATAM veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 35 LATAM veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 36 LATAM veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)
Table 37 MEA veterinary stereotactic radiosurgery system market volumes, by type, 2015 - 2026 (Units)
Table 38 MEA veterinary stereotactic radiosurgery system market revenues, by type, 2015 - 2026 (USD Million)

List of Figures

Fig. 1 Market segmentation
Fig. 2 Market research process
Fig. 3 Data triangulation techniques
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Value-chain-based sizing & forecasting
Fig. 7 QFD modeling for market share assessment
Fig. 8 Market formulation & validation
Fig. 9 Commodity flow analysis
Fig. 10 Veterinary stereotactic radiosurgery system market revenues, 2018, (USD Million)
Fig. 11 Segment Outlook
Fig. 12 Strategy framework
Fig. 13 Parent market outlook
Fig. 14 Ancillary market outlook
Fig. 15 Penetration & growth prospect mapping
Fig. 16 Consumer behaviour analysis
Fig. 17 Market influencing analysis
Fig. 18 Market trend analysis
Fig. 19 Veterinary Stereotactic Radiosurgery Systems market dynamics
Fig. 20 Veterinary stereotactic radiosurgery systems market driver impact
Fig. 21 Veterinary Stereotactic Radiosurgery System Market Restraint Impact
Fig. 22 Major deals & strategic alliances
Fig. 23 Market entry strategies
Fig. 24 Veterinary Stereotactic Radiosurgery System Segment Analysis
Fig. 25 Veterinary Stereotactic Radiosurgery System Segment
Fig. 26 Veterinary Stereotactic Radiosurgery Market by Modality type, 2015 to 2026 (Revenues USD Million)
Fig. 27 Veterinary Stereotactic Radiosurgery Market by Modality type, 2015 to 2026 (Volumes Units)
Fig. 28 Gamma knife market revenues, 2015 - 2026 (USD Million)
Fig. 29 Gamma knife market volumes, 2015 - 2026 (Units)
Fig. 30 LINAC market revenues, 2015 - 2026 (USD Million)
Fig. 31 LINAC market volumes, 2015 - 2026 (Units)
Fig. 32 PBRT market revenues, 2015 - 2026 (USD Million)
Fig. 33 PBRT market volumes, 2015 - 2026 (Units)
Fig. 34 CyberKnife market revenues, 2015 - 2026 (USD Million)
Fig. 35 CyberKnife market volumes, 2015 - 2026 (Units)
Fig. 36 Veterinary Stereotactic Radiosurgery System Market: Regional Dashboard
Fig. 37 Veterinary Stereotactic Radiosurgery System Market: Regional Dashboard
Fig. 38 Veterinary Stereotactic Radiosurgery System: Market Snapshot
Fig. 39 North America
Fig. 40 North America Veterinary Stereotactic Radiosurgery System market by countries, 2015 - 2026 (USD Million)
Fig. 41 Treatment of pets by cancer type (as of March 2019)
Fig. 42 U.S. veterinary stereotactic radiosurgery system market, 2015 - 2026 (USD Million)
Fig. 43 Canada veterinary stereotactic radiosurgery system market, 2015 - 2026 (USD Million)
Fig. 44 Europe
Fig. 45 Europe veterinary stereotactic radiosurgery system Market by Countries, 2015 - 2026 (USD Million)
Fig. 46 Germany veterinary stereotactic radiosurgery system Market, 2015 - 2026 (USD Million)
Fig. 47 UK veterinary stereotactic radiosurgery system market, 2015 - 2026 (USD Million)
Fig. 48 France veterinary stereotactic radiosurgery system market, 2015 - 2026 (USD Million)
Fig. 49 Italy veterinary stereotactic radiosurgery system market, 2015 - 2026 (USD Million)
Fig. 50 Spain veterinary stereotactic radiosurgery system market, 2015 - 2026 (USD Million)
Fig. 51 Asia Pacific
Fig. 52 Asia Pacific veterinary stereotactic radiosurgery market by countries, 2015 - 2026 (USD Million)
Fig. 53 China veterinary stereotactic radiosurgery system market , 2015 - 2026 (USD Million)
Fig. 54 Japan veterinary stereotactic radiosurgery system market, 2015 - 2026 (USD Million)
Fig. 55 India veterinary stereotactic radiosurgery system market, 2015 - 2026 (USD Million)
Fig. 56 Thailand veterinary stereotactic radiosurgery system market, 2015 - 2026 (USD Million)
Fig. 57 South Korea veterinary stereotactic radiosurgery system market, 2015 - 2026 (USD Million)
Fig. 58 Latin America
Fig. 59 Latin America veterinary stereotactic radiosurgery system market, 2015 - 2026 (USD Million)
Fig. 60 MEA veterinary stereotactic radiosurgery system market, 2015 - 2026 (USD Million)
Fig. 61 MEA veterinary stereotactic radiosurgery system market, 2015 - 2026 (USD Million)