- Arteriovenous Malformations
- Trigeminal Neuralgia
- Cancer
- Brain Metastases
- Others
Gamma Knife Market size was valued at USD 18.28 billion in 2023 and is poised to grow at a CAGR of 5.2% from 2024 to 2030. The gamma knife devices market is expected to grow at a significant CAGR rate during the forecast period. Market players are expanding their market presence by entering into new markets. For instance, in February 2017, Elekta's received a Medical Devices License from Health Canada for its Leksell Gamma Knife Icon radiosurgery system, the only stereotactic radiosurgery SRS system designed specifically to target brain tissue. Product developments and new product launches are market strategies adopted by the market players. A gamma knife is one type of radiological surgery device that acts by focusing on low-dosage gamma radiation from various sources on an accurate target. Gamma knife devices are used for treating metastatic brain tumors in the brain from the sites like the breast, lung, and skin, vascular malformations of the brain, acoustic neuromas, meningioma tumors on the protective layers of the brain, trigeminal neuralgia causing severe facial pain and epilepsy of temporal lobe.
Gamma Knife Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5.2%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Gamma Knife Devices Market Dynamics
Gamma knife devices market is propelling by the increase in demand of non-invasive procedures, rise in the prevalence of brain cancers, and rise in ageing of population globally. In addition, high success rate of gamma knife treatment, short recovery period, favorable health insurance policies, high government initiatives, growing awareness on radiation therapy are anticipated to boost the market. However, stringent regulations for the approval of the radiation devices, high cost for gamma knife devices and lack of awareness in developing regions are expected to hinder the market. Gamma knife device many alternative therapies namely cyber knife, linac radiosurgery, conventional brain surgery, proton therapy, and modified linear accelerators. Moreover, lack of skilled healthcare professionals to use the radiation devices and side effects of radiation therapy further hampering the growth of the market.
North-America Got Significant Share of
Gamma Knife Market Regional Analysis
North America is expected to be a major contributor for market due to increased demand for radiological surgeries. In addition, favorable reimbursement policies and an increase in awareness about radiation therapy are boosting the gamma knife devices market. Asia-Pacific region projecting lucrative opportunities for growth of the market owing to developing healthcare infrastructure, increase in awareness about radiotherapy surgeries and increase in the prevalence of neurological diseases. The adoption of cutting-edge technologies and a rise in medical tourism in emerging nations in the Asia Pacific are expected to fuel the market. Countries like China, Japan, and India are expected to be major markets in the Asia-Pacific Region. Latin America is offering lucrative opportunities for the gamma knife devices market owing to an increase in R&D investments in the manufacturing of radiosurgery equipment.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Gamma Knife Market Segmentation
By Application
By Based On Anatomy
- Head
- Neck
- Others
By End User
- Hospitals
- Ambulatory Radiotherapy Centres
- Cancer Research Institutes
- Others
Frequently Asked Questions
The gamma knife market size was valued at USD 18.28 billion in 2023
Elekta AB., Varian Medical Systems Inc., ET Medical Group (China), Cyber Medical Systems Inc., Huiheng Medical Inc.
Growing Prevalence of Brain Tumors, Cancer and Neurological Diseases
| 1. Executive Summary |
| 2. Global Gamma Knifes Market Introduction |
| 2.1. Global Gamma Knifes Market Taxonomy |
| 2.2. Global Gamma Knifes Market Definitions |
| 2.2.1. Application |
| 2.2.2. Anatomy |
| 2.2.3. End User |
| 3. Global Gamma Knifes Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Gamma Knifes Market Dynamic Factors - Impact Analysis |
| 3.6. Global Gamma Knifes Market Competition Landscape |
| 3.7. Installed Base Information |
| 3.8. Start-up Identification |
| 3.9. Reimbursement Scenario |
| 4. Global Gamma Knifes Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue (USD Mn) & Installed Base (Units)) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Gamma Knifes Market, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue (USD Mn) & Installed Base (Units)) |
| 5.1. Arteriovenous Malformations |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue USD, Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Trigeminal Neuroglia |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue USD, Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Oncology |
| 5.3.1. Maliganant Tumors |
| 5.3.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.3.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.1.3. Market Opportunity Analysis |
| 5.3.2. Benign Tumors |
| 5.3.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.3.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.2.3. Market Opportunity Analysis |
| 5.4. Movement Disorders |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue USD, Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue USD, Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6. Global Gamma Knifes Market Forecast, By Anatomy, 2019 - 2023 and Forecast, 2024 - 2030 |
| 6.1. Head |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue USD, Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Neck |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue USD, Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Other Body Parts |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue USD, Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7. Global Gamma Knifes Market Forecast, By End User, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue (USD Mn) & Installed Base (Units)) |
| 7.1. Hospitals |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue USD, Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Ambulatory Radiotherapy Centers |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue USD, Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Cancer Research Institutions |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue USD, Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Others |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue USD, Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8. Global Gamma Knifes Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue (USD Mn) & Installed Base (Units)) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue (USD Mn) & Installed Base (Units)) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue (USD Mn) & Installed Base (Units)) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue (USD Mn) & Installed Base (Units)) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue (USD Mn) & Installed Base (Units)) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue (USD Mn) & Installed Base (Units)) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Gamma Knifes Market - Opportunity Analysis Index, By Application, By Anatomy, By End User , and Region, 2024 - 2030 |
| 9. North America Gamma Knifes Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue (USD Mn) & Installed Base (Units)) |
| 9.1. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Arteriovenous Malformations |
| 9.1.2. Trigeminal Neurolgia |
| 9.1.3. Oncology |
| 9.1.3.1. Maliganat Tumors |
| 9.1.3.2. Benign Tumors |
| 9.1.4. Movement Disorders |
| 9.1.5. Others |
| 9.2. Anatomy Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Head |
| 9.2.2. Neck |
| 9.2.3. Other Body Parts |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Hospitals |
| 9.3.2. Ambulatory Radiotherapy Centers |
| 9.3.3. Cancer research Institutions |
| 9.3.4. Others |
| 9.4. Country Analysis 2017- 2021and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. U.S. |
| 9.4.2. Canada |
| 9.5. North America Gamma Knifes Market - Opportunity Analysis Index, By Application, By Anatomy, By End User, and Country, 2024 - 2030 |
| 9.6. North America Gamma Knifes Market Dynamics Trends |
| 10. Europe Gamma Knifes Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue (USD Mn) & Installed Base (Units)) |
| 10.1. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Arteriovenous Malformations |
| 10.1.2. Trigeminal Neurolgia |
| 10.1.3. Oncology |
| 10.1.3.1. Maliganat Tumors |
| 10.1.3.2. Benign Tumors |
| 10.1.4. Movement Disorders |
| 10.1.5. Others |
| 10.2. Anatomy Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Head |
| 10.2.2. Neck |
| 10.2.3. Other Body Parts |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Hospitals |
| 10.3.2. Ambulatory Radiotherapy Centers |
| 10.3.3. Cancer research Institutions |
| 10.3.4. Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Poland |
| 10.4.8. Rest of Europe |
| 10.5. Europe Gamma Knifes Market - Opportunity Analysis Index, By Application, By Anatomy, By End User, and Country, 2024 - 2030 |
| 10.6. Europe Gamma Knifes Market Dynamics Trends |
| 11. Asia-Pacific Gamma Knifes Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue (USD Mn) & Installed Base (Units)) |
| 11.1. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Arteriovenous Malformations |
| 11.1.2. Trigeminal Neurolgia |
| 11.1.3. Oncology |
| 11.1.3.1. Maliganat Tumors |
| 11.1.3.2. Benign Tumors |
| 11.1.4. Movement Disorders |
| 11.1.5. Others |
| 11.2. Anatomy Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Head |
| 11.2.2. Neck |
| 11.2.3. Other Body Parts |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Hospitals |
| 11.3.2. Ambulatory Radiotherapy Centers |
| 11.3.3. Cancer research Institutions |
| 11.3.4. Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Japan |
| 11.4.2. China |
| 11.4.3. India |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Gamma Knifes Market - Opportunity Analysis Index, By Application, By Anatomy, By End User, and Country, 2024 - 2030 |
| 11.6. Asia-Pacific Gamma Knifes Market Dynamics Trends |
| 12. Latin America Gamma Knifes Market Analysis, 2012 - 2012 - 2019 - 2023 and Forecast, 2024 - 2030 (Revenue (USD Mn) & Installed Base (Units)) |
| 12.1. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Arteriovenous Malformations |
| 12.1.2. Trigeminal Neurolgia |
| 12.1.3. Oncology |
| 12.1.3.1. Maliganat Tumors |
| 12.1.3.2. Benign Tumors |
| 12.1.4. Movement Disorders |
| 12.1.5. Others |
| 12.2. Anatomy Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Head |
| 12.2.2. Neck |
| 12.2.3. Other Body Parts |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Hospitals |
| 12.3.2. Ambulatory Radiotherapy Centers |
| 12.3.3. Cancer research Institutions |
| 12.3.4. Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Venezuela |
| 12.4.5. Rest of Latin America |
| 12.5. Latin America Gamma Knifes Market - Opportunity Analysis Index, By Application, By Anatomy, By End User, and Country, 2024 - 2030 |
| 12.6. Latin America Gamma Knifes Market Dynamics Trends |
| 13. Middle East and Africa Gamma Knifes Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue (USD Mn) & Installed Base (Units)) |
| 13.1. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Arteriovenous Malformations |
| 13.1.2. Trigeminal Neurolgia |
| 13.1.3. Oncology |
| 13.1.3.1. Maliganat Tumors |
| 13.1.3.2. Benign Tumors |
| 13.1.4. Movement Disorders |
| 13.1.5. Others |
| 13.2. Anatomy Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Head |
| 13.2.2. Neck |
| 13.2.3. Other Body Parts |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Hospitals |
| 13.3.2. Ambulatory Radiotherapy Centers |
| 13.3.3. Cancer research Institutions |
| 13.3.4. Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Gamma Knifes Market - Opportunity Analysis Index, By Application, By Anatomy, By End User, and Country, 2024 - 2030 |
| 13.6. MEA Gamma Knifes Market Dynamics Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.3. Company Share Analysis |
| 14.3.1. Elekta AB. |
| 14.3.2. Varian Medical Systems Inc. |
| 14.3.3. Masep Medical Science & Technology Development (Shenzhen) Co., Ltd. |
| 14.3.4. ET Medical Group (China) |
| 14.3.5. Cyber Medical Systems Inc. |
| 14.3.6. Huiheng Medical Inc. |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
- Elekta AB.
- Varian Medical Systems Inc.
- Masep Medical Science & Technology Development (Shenzhen) Co., Ltd.
- ET Medical Group (China)
- Cyber Medical Systems Inc.
- Huiheng Medical Inc.