Gamma Knife Market Size, Share, Growth, Trends, and Global Industry Analysis: By Application (Arteriovenous Malformations, Trigeminal Neuroglia, Oncologym, Movement Disorders, Others), By Anatomy (Head, Neck, Other body Parts), By End User (Hospitals, Ambulatory Radiotherapy Centers, Cancer Research Institutions, Others), and Region   

Gamma Knife Market size was valued at US$ 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.

Key Developments:

• On November 18, 2024: X-ray technology innovator Silveray has secured a £4 million seed investment, led by Northern Gritstone, to enable it to launch its first product next year, based on its novel semiconductor technology. The first truly flexible digital X-ray detector will be aimed at industrial radiography applications, as it can be wrapped around pipes and fed into tight spaces to check for corrosion and weld defects. Digital images will be generated at the point of use, without the film having to be sent away for chemical processing – saving time and money compared with traditional radiographic film. The innovative technology also has the potential to transform medical imaging – and help detect and treat diseases such as cancer more accurately than ever before. A flexible mammography detector, for example, could be shaped around the breast without the need for uncomfortable compression. And radiotherapy patients undergoing Gamma Knife treatment could be fitted with a bespoke skull cap offering real-time monitoring of the treatment beam.
• On May 12 2020: Elekta announced the launch of Leksell Gamma Knife® Lightning, its next-generation treatment optimizer that represents a significant step forward in the already efficient workflows for the integrated Leksell Gamma Knife® stereotactic radiosurgery (SRS) system. Leksell Gamma Knife Lightning is the only fully integrated automated treatment planning solution for Gamma Knife that enables plan optimization based on parameters that include beam-on time constraints. Expertly built plans for multiple targets can be created in less than one minute while providing significant savings in the duration of treatment delivery.