Gamma Knife Market Synopsis:
Gamma Knife Market Size Was Valued at USD 470.3 Million in 2023, and is Projected to Reach USD 742.3 Million by 2032, Growing at a CAGR of 5.2% From 2024-2032.
The Gamma Knife market refers to the branch within the medical device industry that focuses on innovative radiosurgical technology and its application in the treatment of ailments within the brain. Gamma Knife equipment involve narrow radiation beams to treat brain tumors, blood vessels malformations and other conditions that affect the brain without affecting normal tissue. Even though it has an invasive element, Gamma Knife is not surgery, and it remains one of the ways doctors can provide patients with treatments if they deal with challenging-to-reach conditions.
Much interest has been amassed by the Gamma Knife market in recent times because of the rising incidence of neurological diseases and brain tumors in the world market. Gamma Knife systems are a special type of radiosurgical equipment, which are used for targeted impacts on a damaged brain tissue without operations. These patients who cannot undergo conventional surgeries will benefit from this especial high-precision treatment. Currently, high demand with regard to the advanced markets, primarily the countries possessing a developed health care system and high per capita income, where investing in the enhancement of equipment to provide high quality medical facilities for patients and the development of complex neurosurgery is priorities.
Furthermore, more people over sixty as well as developing brain related diseases in the world require new and less invasive treatments. This also increases market size as technology is constantly being developed like automation and integration of artificial intelligent to enhance precision and time taken in the treatment processes. All these bring into force the Gamma Knife technology variously in whole hospitals, cancer dedicated centers and neurological surgery centers.
Gamma Knife Market Trend Analysis:
Technological Advancements Elevating Treatment Efficacy
- Over the years, the market for Gamma Knife has progressed due to enhanced technological growth mainly in the recent past. Organizations continue to incorporate AI and machine learning systems in treatment planning, accuracy in delivery or success in the treatment outcome. This trend directly responds to the core radiosurgery problem of delivering maximum therapeutically effective doses while minimizing side effects. Using AI, physicians could analyze individual patient data that might inform them how best to administer radiation doses; the efficiency is maximized, yet the healthy tissues are spared. Further, new tools are being developed to allow patient tracking and data storage in the time of treatment as well as in aftercare phase.
- Another would be the transition from giant全 H representing large scale Gamma Knife systems to smaller less bulky systems which would reach Gamma Knife abilities to outpatient facilities and the like. It’s this expansion of accessibility that is creating opportunities for facilities in what may be considered rural or low population density areas to present high quality non-invasive treatments for the brain thus increasing the appeal of the market as well as also improving patient reach to specialized treatment.
Emerging Markets and Untapped Potential
- Newer economies are a world of possibilities for Gamma Knife market due to the increasing healthcare spend, better healthcare facilities and greater awareness about minimally invasive treatments. Region of Asia-Pacific and Latin America is now spending heavily on building healthcare facilities and on advanced medical technology, such as radiosurgery systems. In these countries, there is a growing need for radiosurgery devices with high precision due to growing cases of neurological diseases, brain tumors and other complex diseases that could be treated through gamma knife.
Gamma Knife Market Segment Analysis:
Gamma Knife Market is Segmented on the basis of type, application, end user, and Region
By Type, Vascular Disorders segment is expected to dominate the market during the forecast period
- The Vascular Disorders segment is expected to contribute the largest market share in the Gamma Knife market over the given time-line due to the increasing incidence of vasular diseases like AVMs and CCMs. These conditions cannot be treated easily through open surgery since they are situated deep recesses of the brain and are extremely complex and sensitive, Gamma Knife technology is evidently appropriate since it involves minimum invasive with maximum precision. Gamma Knife radiosurgery is very accurate in the treatment of these vascular anomalies while avoiding damage to other structures and this has led to increased use of these procedures in neurological operations. Furthermore, there is a growing consciousness regarding non-surgical remediation for vascular brain diseases This coupled with improvement in imaging and enhanced precision in treatment will continue to drive this segment making it led the market.
By Application, Head segment expected to held the largest share
- The Head segment is also expected to be the largest application segment in the Gamma Knife market due to the specific nature of the technology and It being developed for the treatment of intracranial disorders with great accuracy. Gamma Knife is almost exclusively used for non-surgical management of conditions of the brain, including tumours, arteriovenous malformation and some functional neurological disorders like trigeminal neuralgia. These approaches reduce the impact on the surrounding undue tissues which makes the treatment ideal for patients who need extensive operations within the brain. As well, as information on non-invasive brain treatments becomes more well-known and as the medical industry keeps purchasing even bigger and better radiosurgery machines, the Head segment is predicted to continue a relatively strong demand, thus maintaining a strong market hold of the Gamma Knife market.
Gamma Knife Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- In 2023, North America would have the largest market share of Gamma Knife due to the early and frequent use of advanced medical technology, strong healthcare system as well as large investment in neurosurgical research and development. The large number of specialized treatment centers, along with high healthcare costs in this country assure its significant share in the region. Analyses deduce that North America controls 35-40% of the market for Gamma Knife and hence the need for integrated solutions is high among patients in the region. This dominance is further supplemented by favourable remunerative policies and intensive empirical studies aimed at the discovery of new neurosurgical techniques.
Active Key Players in the Gamma Knife Market:
- Accuray Incorporated (United States)
- American Shared Hospital Services (United States)
- Brainlab AG (Germany)
- Elekta AB (Sweden)
- Hitachi, Ltd. (Japan)
- IBA Group (Belgium)
- Medtronic plc (Ireland)
- Mevion Medical Systems (United States)
- Mitsubishi Electric Corporation (Japan)
- ProTom International, Inc. (United States)
- RaySearch Laboratories AB (Sweden)
- Shinva Medical Instrument Co., Ltd. (China)
- Siemens Healthineers (Germany)
- Varian Medical Systems (United States)
- Zap Surgical Systems, Inc. (United States)
- Other Active Players
Key Industry Developments in the Gamma Knife Market:
- In June 2024, Fortis Memorial Research Institute has launched the Gamma Knife Esprit, which is the first Leksell Gamma Knife in South Asia. The hospital states that this advanced technology signifies a new phase in non-surgical, high-precision treatment for brain tumors, greatly enhancing therapeutic choices for both malignant and benign brain tumors, along with other brain abnormalities.
- In April 2024, AdventHealth Neuroscience Institute has achieved a significant milestone as the first facility in Central Florida to implement the Elekta Esprit Gamma Knife for the treatment of brain patients. This advanced stereotactic radiosurgery (SRS) system delivers exceptionally accurate ablative radiation to specific regions in the brain, effectively reducing exposure to adjacent healthy tissue.
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Global Gamma Knife Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 470.3 Million |
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Forecast Period 2024-32 CAGR: |
5.2 % |
Market Size in 2032: |
USD 742.3 Million |
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Segments Covered: |
By Type |
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By Application |
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By End Users |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Gamma Knife Market by Type
4.1 Gamma Knife Market Snapshot and Growth Engine
4.2 Gamma Knife Market Overview
4.3 Vascular Disorders
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Vascular Disorders: Geographic Segmentation Analysis
4.4 Brain Metastasis
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Brain Metastasis: Geographic Segmentation Analysis
4.5 Ocular Diseases
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Ocular Diseases: Geographic Segmentation Analysis
4.6 Functional Disorders
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.6.3 Key Market Trends, Growth Factors and Opportunities
4.6.4 Functional Disorders: Geographic Segmentation Analysis
4.7 Arteriovenous Malformation (AVM)
4.7.1 Introduction and Market Overview
4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.7.3 Key Market Trends, Growth Factors and Opportunities
4.7.4 Arteriovenous Malformation (AVM): Geographic Segmentation Analysis
4.8 Trigeminal Neuralgia
4.8.1 Introduction and Market Overview
4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.8.3 Key Market Trends, Growth Factors and Opportunities
4.8.4 Trigeminal Neuralgia: Geographic Segmentation Analysis
4.9 Movement Disorders
4.9.1 Introduction and Market Overview
4.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.9.3 Key Market Trends, Growth Factors and Opportunities
4.9.4 Movement Disorders: Geographic Segmentation Analysis
4.10 Cancer and Others
4.10.1 Introduction and Market Overview
4.10.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.10.3 Key Market Trends, Growth Factors and Opportunities
4.10.4 Cancer and Others: Geographic Segmentation Analysis
Chapter 5: Gamma Knife Market by Application
5.1 Gamma Knife Market Snapshot and Growth Engine
5.2 Gamma Knife Market Overview
5.3 Head
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Head: Geographic Segmentation Analysis
5.4 Neck and Others
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Neck and Others: Geographic Segmentation Analysis
Chapter 6: Gamma Knife Market by End User
6.1 Gamma Knife Market Snapshot and Growth Engine
6.2 Gamma Knife Market Overview
6.3 Hospitals
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Hospitals: Geographic Segmentation Analysis
6.4 Clinics and Ambulatory Service Centers
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Clinics and Ambulatory Service Centers: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Gamma Knife Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 ACCURAY INCORPORATED (UNITED STATES)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 AMERICAN SHARED HOSPITAL SERVICES (UNITED STATES)
7.4 BRAINLAB AG (GERMANY)
7.5 ELEKTA AB (SWEDEN)
7.6 HITACHI
7.7 LTD. (JAPAN)
7.8 IBA GROUP (BELGIUM)
7.9 MEDTRONIC PLC (IRELAND)
7.10 MEVION MEDICAL SYSTEMS (UNITED STATES)
7.11 MITSUBISHI ELECTRIC CORPORATION (JAPAN)
7.12 PROTOM INTERNATIONAL INC. (UNITED STATES)
7.13 RAYSEARCH LABORATORIES AB (SWEDEN)
7.14 SHINVA MEDICAL INSTRUMENT CO. LTD. (CHINA)
7.15 SIEMENS HEALTHINEERS (GERMANY)
7.16 VARIAN MEDICAL SYSTEMS (UNITED STATES)
7.17 ZAP SURGICAL SYSTEMS INC. (UNITED STATES)
7.18 OTHER ACTIVE PLAYERS
Chapter 8: Global Gamma Knife Market By Region
8.1 Overview
8.2. North America Gamma Knife Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Type
8.2.4.1 Vascular Disorders
8.2.4.2 Brain Metastasis
8.2.4.3 Ocular Diseases
8.2.4.4 Functional Disorders
8.2.4.5 Arteriovenous Malformation (AVM)
8.2.4.6 Trigeminal Neuralgia
8.2.4.7 Movement Disorders
8.2.4.8 Cancer and Others
8.2.5 Historic and Forecasted Market Size By Application
8.2.5.1 Head
8.2.5.2 Neck and Others
8.2.6 Historic and Forecasted Market Size By End User
8.2.6.1 Hospitals
8.2.6.2 Clinics and Ambulatory Service Centers
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Gamma Knife Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Type
8.3.4.1 Vascular Disorders
8.3.4.2 Brain Metastasis
8.3.4.3 Ocular Diseases
8.3.4.4 Functional Disorders
8.3.4.5 Arteriovenous Malformation (AVM)
8.3.4.6 Trigeminal Neuralgia
8.3.4.7 Movement Disorders
8.3.4.8 Cancer and Others
8.3.5 Historic and Forecasted Market Size By Application
8.3.5.1 Head
8.3.5.2 Neck and Others
8.3.6 Historic and Forecasted Market Size By End User
8.3.6.1 Hospitals
8.3.6.2 Clinics and Ambulatory Service Centers
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Russia
8.3.7.2 Bulgaria
8.3.7.3 The Czech Republic
8.3.7.4 Hungary
8.3.7.5 Poland
8.3.7.6 Romania
8.3.7.7 Rest of Eastern Europe
8.4. Western Europe Gamma Knife Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Type
8.4.4.1 Vascular Disorders
8.4.4.2 Brain Metastasis
8.4.4.3 Ocular Diseases
8.4.4.4 Functional Disorders
8.4.4.5 Arteriovenous Malformation (AVM)
8.4.4.6 Trigeminal Neuralgia
8.4.4.7 Movement Disorders
8.4.4.8 Cancer and Others
8.4.5 Historic and Forecasted Market Size By Application
8.4.5.1 Head
8.4.5.2 Neck and Others
8.4.6 Historic and Forecasted Market Size By End User
8.4.6.1 Hospitals
8.4.6.2 Clinics and Ambulatory Service Centers
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 The Netherlands
8.4.7.5 Italy
8.4.7.6 Spain
8.4.7.7 Rest of Western Europe
8.5. Asia Pacific Gamma Knife Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Type
8.5.4.1 Vascular Disorders
8.5.4.2 Brain Metastasis
8.5.4.3 Ocular Diseases
8.5.4.4 Functional Disorders
8.5.4.5 Arteriovenous Malformation (AVM)
8.5.4.6 Trigeminal Neuralgia
8.5.4.7 Movement Disorders
8.5.4.8 Cancer and Others
8.5.5 Historic and Forecasted Market Size By Application
8.5.5.1 Head
8.5.5.2 Neck and Others
8.5.6 Historic and Forecasted Market Size By End User
8.5.6.1 Hospitals
8.5.6.2 Clinics and Ambulatory Service Centers
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Gamma Knife Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Type
8.6.4.1 Vascular Disorders
8.6.4.2 Brain Metastasis
8.6.4.3 Ocular Diseases
8.6.4.4 Functional Disorders
8.6.4.5 Arteriovenous Malformation (AVM)
8.6.4.6 Trigeminal Neuralgia
8.6.4.7 Movement Disorders
8.6.4.8 Cancer and Others
8.6.5 Historic and Forecasted Market Size By Application
8.6.5.1 Head
8.6.5.2 Neck and Others
8.6.6 Historic and Forecasted Market Size By End User
8.6.6.1 Hospitals
8.6.6.2 Clinics and Ambulatory Service Centers
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkiye
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Gamma Knife Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Type
8.7.4.1 Vascular Disorders
8.7.4.2 Brain Metastasis
8.7.4.3 Ocular Diseases
8.7.4.4 Functional Disorders
8.7.4.5 Arteriovenous Malformation (AVM)
8.7.4.6 Trigeminal Neuralgia
8.7.4.7 Movement Disorders
8.7.4.8 Cancer and Others
8.7.5 Historic and Forecasted Market Size By Application
8.7.5.1 Head
8.7.5.2 Neck and Others
8.7.6 Historic and Forecasted Market Size By End User
8.7.6.1 Hospitals
8.7.6.2 Clinics and Ambulatory Service Centers
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
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Global Gamma Knife Market |
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|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 470.3 Million |
|
Forecast Period 2024-32 CAGR: |
5.2 % |
Market Size in 2032: |
USD 742.3 Million |
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Segments Covered: |
By Type |
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By Application |
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By End Users |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Gamma Knife Market research report is 2024-2032.
Accuray Incorporated (United States), American Shared Hospital Services (United States), Brainlab AG (Germany), Elekta AB (Sweden), Hitachi, Ltd. (Japan), IBA Group (Belgium), Medtronic plc (Ireland), Mevion Medical Systems (United States), Mitsubishi Electric Corporation (Japan), ProTom International, Inc. (United States), RaySearch Laboratories AB (Sweden), Shinva Medical Instrument Co., Ltd. (China), Siemens Healthineers (Germany), Varian Medical Systems (United States), Zap Surgical Systems, Inc. (United States), and Other Active Players.
The Gamma Knife Market is segmented into Type, Application, End User and region. By Type, the market is categorized into Vascular Disorders, Brain Metastasis, Ocular Diseases, Functional Disorders, Arteriovenous Malformation (AVM), Trigeminal Neuralgia, Movement Disorders, Cancer and Others. By Application, the market is categorized into Head, Neck and Others. By End User, the market is categorized into Hospitals, Clinics and Ambulatory Service Centers. By region, it is analyzed across North America (U.S., Canada, Mexico), Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe), Western Europe (Germany, UK, France, The Netherlands, Italy, Spain, Rest of Western Europe), Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC), Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa), South America (Brazil, Argentina, Rest of SA)
The Gamma Knife market refers to the branch within the medical device industry that focuses on innovative radiosurgical technology and its application in the treatment of ailments within the brain. Gamma Knife equipment involve narrow radiation beams to treat brain tumors, blood vessels malformations and other conditions that affect the brain without affecting normal tissue. Even though it has an invasive element, Gamma Knife is not surgery, and it remains one of the ways doctors can provide patients with treatments if they deal with challenging-to-reach conditions.
Gamma Knife Market Size Was Valued at USD 470.3 Million in 2023, and is Projected to Reach USD 742.3 Million by 2032, Growing at a CAGR of 5.2% From 2024-2032.
