Global Stereotactic Radiosurgery (Gamma Knife) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Indication;
Head & Neck Cancer, Breast Cancer, Prostate Cancer, Lung Cancer, Spine Cancer, and Others.By End-User;
Hospitals and Radiotherapy Centers.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Stereotactic Radiosurgery (Gamma Knife) Market (USD Million), 2021 - 2031
In the year 2024, the Global Stereotactic Radiosurgery (Gamma Knife) Market was valued at USD 739.39 million. The size of this market is expected to increase to USD 1351.63 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.0%.
The global stereotactic radiosurgery (gamma knife) market has been segmented by end-user into two primary categories: hospitals and radiotherapy centers. Hospitals represent a significant portion of the market due to their comprehensive healthcare services and capacity to integrate advanced technologies like gamma knife radiosurgery into their oncology departments. These institutions often have the necessary infrastructure, skilled personnel, and patient volume to justify the investment in such specialized equipment.
Radiotherapy centers, on the other hand, are specialized facilities focused exclusively on providing radiation treatment for various cancers. These centers are equipped with advanced technologies and staffed by experts in radiation therapy, making them ideal settings for gamma knife radiosurgery. The segmentation by end-user allows for a focused analysis of the market, identifying specific needs, trends, and growth opportunities within hospitals and radiotherapy centers, thereby aiding in the development of tailored strategies to enhance the adoption and utilization of gamma knife technology across different healthcare settings.
Global Stereotactic Radiosurgery (Gamma Knife) Market Recent Developments
-
In May 2022, Elekta launched its next-generation stereotactic radiosurgery system, Elekta Esprit, the company's most advanced system offering significantly faster-automated treatment planning for clinicians, more personalized and patient-friendly treatments, and a degree of precision able to protect the mind and the person.
-
In May 2022, a 35-year-old man, who was diagnosed with right-sided vestibular schwannoma, was treated with Stereotactic Radiosurgery (SRS) technique, using a linear accelerator, at Rajiv Gandhi Government General Hospital (RGGGH).
Segment Analysis
The global stereotactic radiosurgery (gamma knife) market is segmented by indication, with key applications in the treatment of brain tumors, vascular malformations, functional neurological disorders, and trigeminal neuralgia. Gamma knife radiosurgery is most commonly used for treating brain tumors, both benign and malignant, as well as vascular malformations like arteriovenous malformations (AVMs). It is also employed for functional neurological disorders such as epilepsy and Parkinson’s disease, as well as pain management in trigeminal neuralgia. The growing number of patients with these conditions, along with the increasing acceptance of non-invasive therapies, drives the demand for gamma knife procedures.
In terms of end-users, the market is primarily driven by hospitals, oncology centers, and specialized medical clinics. Gamma knife radiosurgery is often performed in well-equipped hospitals and oncology centers that have the necessary infrastructure for advanced radiation therapy. The rise in the number of cancer centers and medical facilities offering non-invasive treatment alternatives, as well as the increasing availability of sophisticated medical technologies, supports the expansion of the market. Additionally, specialized medical clinics that focus on neurological treatments are increasingly adopting gamma knife radiosurgery due to its precision and minimal risk of complications.
Geographically, the global stereotactic radiosurgery (gamma knife) market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America holds the largest share of the market, driven by advanced healthcare infrastructure, high adoption of cutting-edge technologies, and the presence of prominent healthcare providers. Europe follows closely, with an increasing number of healthcare facilities offering gamma knife treatments due to favorable reimbursement policies and strong healthcare systems. In the Asia Pacific region, the market is expected to witness rapid growth as emerging economies invest in advanced medical technologies and improve access to high-quality healthcare, contributing to an increasing number of gamma knife procedures.
Global Stereotactic Radiosurgery (Gamma Knife) Segment Analysis
In this report, the global stereotactic radiosurgery (gamma knife) market has been segmented by indication, end-user and geography.
Global Stereotactic Radiosurgery (Gamma Knife) Market, Segmentation by Indication
The Global Stereotactic Radiosurgery (Gamma Knife) Market has been segmented by Indication into Head & Neck Cancer, Breast Cancer, Prostate Cancer, Lung Cancer, Spine Cancer and Others.
Each of these categories represents a specific type of cancer that can be treated using gamma knife technology, highlighting the versatility and wide-ranging applicability of this advanced radiosurgery method. This segmentation allows for a detailed analysis of the market trends and treatment efficacy across different cancer types, providing insights into the most prevalent and emerging applications of gamma knife radiosurgery.
This segmentation helps in understanding the demand dynamics and potential growth areas within the market. By analyzing the market based on these specific cancer types, stakeholders can identify which indications are driving the adoption of gamma knife technology and where further advancements or investments are needed. This detailed segmentation facilitates targeted marketing strategies, resource allocation, and research and development efforts to better meet the needs of patients and healthcare providers in the fight against various cancers.
Global Stereotactic Radiosurgery (Gamma Knife) Market, Segmentation by End-User
The Global Stereotactic Radiosurgery (Gamma Knife) Market has been segmented by End-User into Hospitals and Radiotherapy Centers.
hospitals and radiotherapy centers. Hospitals represent a significant portion of the market due to their comprehensive healthcare services and capacity to integrate advanced technologies like gamma knife radiosurgery into their oncology departments. These institutions often have the necessary infrastructure, skilled personnel, and patient volume to justify the investment in such specialized equipment.
Radiotherapy centers, on the other hand, are specialized facilities focused exclusively on providing radiation treatment for various cancers. These centers are equipped with advanced technologies and staffed by experts in radiation therapy, making them ideal settings for gamma knife radiosurgery. The segmentation by end-user allows for a focused analysis of the market, identifying specific needs, trends, and growth opportunities within hospitals and radiotherapy centers, thereby aiding in the development of tailored strategies to enhance the adoption and utilization of gamma knife technology across different healthcare settings.
Global Stereotactic Radiosurgery (Gamma Knife) Market, Segmentation by Geography
In this report, the Global Stereotactic Radiosurgery (Gamma Knife) Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Stereotactic Radiosurgery (Gamma Knife) Market Share (%), by Geographical Region, 2024
North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Each region presents unique market dynamics influenced by factors such as healthcare infrastructure, technological adoption, regulatory environment, and the prevalence of target diseases. North America and Europe are often at the forefront due to their advanced healthcare systems and higher adoption rates of innovative medical technologies. These regions also benefit from strong research and development activities and substantial healthcare funding.
The Asia-Pacific region is expected to witness significant growth due to increasing healthcare investments, rising awareness about advanced treatment options, and a growing patient population. The Middle East & Africa and Latin America, while currently smaller markets, are showing potential for growth as healthcare infrastructure improves and access to cutting-edge medical technologies expands. This geographical segmentation provides a comprehensive understanding of regional variations and helps stakeholders identify growth opportunities and tailor strategies to meet the specific needs of each market.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Stereotactic Radiosurgery (Gamma Knife) Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers :
- Rising prevalence of cancers and neurological disorders
- Expanding applications of Gamma Knife
-
Technological advancements - Technological advancements in the global stereotactic radiosurgery (gamma knife) market are driving significant improvements in treatment precision, efficacy, and patient outcomes. Innovations such as enhanced imaging techniques, including high-resolution MRI and CT scans, have greatly improved the accuracy of target localization and treatment planning. These advancements enable clinicians to deliver highly focused radiation doses to tumors and other abnormalities with minimal impact on surrounding healthy tissues. Furthermore, the integration of advanced software for treatment planning and real-time monitoring allows for more precise dose delivery and adjustments during the procedure, thereby reducing the risk of complications and improving overall treatment success rates.
Recent developments in gamma knife technology include the introduction of more sophisticated models that offer greater flexibility and expanded treatment capabilities. For instance, newer gamma knife systems are equipped with features like automatic patient positioning, integrated treatment planning systems, and enhanced beam delivery mechanisms. These technological upgrades not only streamline the treatment process but also make it more accessible and efficient for healthcare providers. As a result, these innovations are expected to contribute to the widespread adoption and growth of gamma knife radiosurgery in the global market, providing patients with more effective and less invasive treatment options for various cancers and neurological disorders.
Restraints :
- High cost of Gamma Knife machines
- Limited availability of skilled professionals
-
Reimbursement challenges - The global stereotactic radiosurgery (gamma knife) market faces significant reimbursement challenges that impact its growth and accessibility. One of the primary issues is the variability in reimbursement policies across different countries and even within regions of the same country. In many cases, insurance companies and public health systems have stringent criteria for approving coverage of gamma knife procedures, often requiring extensive documentation and justification of medical necessity. This can result in delays or denials of coverage, limiting patient access to this advanced treatment option. Additionally, the high upfront costs associated with gamma knife equipment and procedures can deter healthcare providers from adopting the technology if reimbursement rates do not adequately cover these expenses.
complexity and variability of coding and billing processes for gamma knife treatments add another layer of difficulty. Differences in how procedures are classified and reimbursed can lead to inconsistencies and financial uncertainties for healthcare providers. These challenges necessitate ongoing advocacy and collaboration among stakeholders, including medical professionals, industry representatives, and policymakers, to establish more consistent and supportive reimbursement frameworks. Addressing these reimbursement issues is crucial for ensuring broader adoption of gamma knife radiosurgery and enabling more patients to benefit from its precise and non-invasive treatment capabilities.
Opportunities :
- Increasing focus on minimally invasive procedures
-
Technological innovations - Technological innovations in the global stereotactic radiosurgery (gamma knife) market are driving significant advancements and expanding the scope of treatment options available. One of the key innovations is the integration of advanced imaging techniques, such as magnetic resonance imaging (MRI) and computed tomography (CT), which enhance the precision and accuracy of gamma knife procedures. These imaging advancements allow for better visualization of tumors and critical structures, enabling more effective targeting and sparing of healthy tissues. Additionally, the development of robotic systems and automated patient positioning technologies has improved the efficiency and safety of gamma knife treatments, reducing procedure times and enhancing patient outcomes.
The incorporation of artificial intelligence (AI) and machine learning algorithms into gamma knife radiosurgery is revolutionizing treatment planning and delivery. AI-driven software can analyze vast amounts of data to optimize radiation dose distribution and predict patient responses to treatment, leading to more personalized and effective care. Innovations in software platforms also facilitate seamless integration with hospital information systems and electronic medical records, streamlining workflow and improving clinical decision-making. These technological advancements are propelling the gamma knife market forward, making stereotactic radiosurgery a more precise, efficient, and patient-centric option for treating various cancers and neurological conditions.
Competitive Landscape Analysis
Key players in Global Stereotactic Radiosurgery (Gamma Knife) Market include
- Elekta AB
- Accuray Incorporated
- Varian Medical Systems
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Indication
- Market Snapshot, By End-User
- Market Snapshot, By Region
- Global Stereotactic Radiosurgery (Gamma Knife) Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising prevalence of cancers and neurological disorders
- Expanding applications of Gamma Knife
- Technological advancements
- Restraints
- High cost of Gamma Knife machines
- Limited availability of skilled professionals
- Reimbursement challenges
- Opportunities
- Increasing focus on minimally invasive procedures
- Technological innovations
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
-
Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Stereotactic Radiosurgery (Gamma Knife) Market, By Indication, 2021 - 2031 (USD Million)
- Head & Neck Cancer
- Breast Cancer
- Prostate Cancer
- Lung Cancer
- Spine Cancer
- Others
- Global Stereotactic Radiosurgery (Gamma Knife) Market, By End-User, 2021 - 2031 (USD Million)
- Hospitals
- Radiotherapy Centers
- Global Stereotactic Radiosurgery (Gamma Knife) Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Stereotactic Radiosurgery (Gamma Knife) Market, By Indication, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Elekta AB
- Accuray Incorporated
- Varian Medical Systems
- Company Profiles
- Analyst Views
- Future Outlook of the Market