Stereotactic Radiosurgery (Gamma Knife) Market
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%.
Stereotactic Radiosurgery (Gamma Knife) Market
*Market size in USD million
CAGR 9.0 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 9.0 % |
Market Size (2024) | USD 739.39 Million |
Market Size (2031) | USD 1351.63 Million |
Market Concentration | Medium |
Report Pages | 366 |
Major Players
- Elekta AB
- Accuray Incorporated
- Varian Medical Systems
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Stereotactic Radiosurgery (Gamma Knife) Market
Fragmented - Highly competitive market without dominant players
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).
Stereotactic Radiosurgery (Gamma Knife) Market Segment Analysis
In this report, the Stereotactic Radiosurgery (Gamma Knife) Market has been segmented by Indication, End-User and Geography.
Stereotactic Radiosurgery (Gamma Knife) Market, Segmentation By Indication
The Stereotactic Radiosurgery (Gamma Knife) Market has been segmented by Indication into Head & Neck Cancer, Breast Cancer, Prostate Cancer, Lung Cancer, Spine Cancer and Others.
Head & Neck CancerHead & neck cancer accounts for approximately 34% of the stereotactic radiosurgery (Gamma Knife) market, driven by the precision of Gamma Knife in targeting tumors near critical brain structures. Its non-invasive nature and reduced recovery times make it a preferred option for complex cranial oncology cases.
Breast CancerThe breast cancer segment holds around 18% of the market, primarily for treating brain metastases originating from breast tumors. Gamma Knife radiosurgery provides effective local control while minimizing damage to surrounding healthy tissue.
Prostate CancerProstate cancer represents nearly 15% of the market, where stereotactic radiosurgery is used to target localized or metastatic lesions with high precision. This technique offers reduced treatment sessions compared to conventional radiotherapy.
Lung CancerLung cancer accounts for about 14% of the market, mainly in cases of brain metastases and spinal involvement. Gamma Knife treatment helps improve neurological outcomes and quality of life for patients with advanced disease.
Spine CancerSpine cancer holds roughly 10% of the market, with radiosurgery being a key tool for pain relief and tumor control in metastatic spinal tumors. Its precision allows preservation of spinal cord function while delivering effective doses to the lesion.
OthersThe “Others” category makes up around 9% of the market, including applications in benign brain tumors, arteriovenous malformations, and trigeminal neuralgia. Continued research is expanding the therapeutic scope of Gamma Knife radiosurgery.
Stereotactic Radiosurgery (Gamma Knife) Market, Segmentation By End-User
The Stereotactic Radiosurgery (Gamma Knife) Market has been segmented by End-User into Hospitals and Radiotherapy Centers.
HospitalsHospitals dominate the stereotactic radiosurgery (Gamma Knife) market, accounting for approximately 68% of the total share. They serve as primary treatment hubs, offering comprehensive oncology care with access to multidisciplinary teams and advanced imaging facilities, ensuring precise and effective radiosurgery procedures.
Radiotherapy CentersRadiotherapy centers hold around 32% of the market, specializing in dedicated cancer treatment services with a focus on high-precision techniques like Gamma Knife. These centers are increasingly preferred for their specialized expertise, shorter waiting times, and cost-effective treatment options.
Stereotactic Radiosurgery (Gamma Knife) Market, Segmentation By Geography
In this report, the 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.
Regions and Countries Analyzed in this Report
Stereotactic Radiosurgery (Gamma Knife) Market Share (%), By Geographical Region
North AmericaNorth America leads the stereotactic radiosurgery (Gamma Knife) market with approximately 40% share, supported by an extensive installed base of Gamma Knife systems and strong referral networks. High adoption of precision oncology, favorable reimbursement, and robust clinical research activity sustain regional dominance.
EuropeEurope accounts for about 27% of the market, driven by well-established neuro-oncology centers and standardized clinical pathways for cranial radiosurgery. Continuous technology upgrades and cross-border treatment collaborations further enhance utilization across leading countries.
Asia PacificAsia Pacific holds nearly 23% of the market and is the fastest-growing region, propelled by expanding cancer burden, rising investments in advanced radiotherapy, and increasing patient access in China, Japan, South Korea, and India. Training programs and public–private partnerships are accelerating adoption.
Middle East and AfricaMiddle East and Africa represent around 5% of the market, with growth centered in tertiary care hubs and medical tourism destinations. Targeted funding for high-precision radiosurgery and gradual expansion of specialized centers are improving regional availability.
Latin AmericaLatin America captures roughly 5% of the market, led by select comprehensive cancer hospitals in Brazil, Mexico, and Argentina. Increasing awareness of non-invasive cranial treatments and incremental equipment deployments are supporting steady, albeit uneven, growth.
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