The global stereotactic surgery devices market size is projected to reach USD 34.47 billion by 2030, expanding at 3.9% CAGR from 2023 to 2030. Increasing demand for minimally invasive surgeries, new product launches, and increasing investments in radiotherapy to improve oncology treatment are key factors driving the demand for stereotactic surgery devices industry.
Minimally invasive stereotactic surgeries offer various benefits such as faster recovery, shorter hospital stays, and lower morbidity & mortality rate, which are the major factors increasing its adoption rate. This is also leading to stereotactic surgery devices replacing conventional invasive procedures.
The COVID-19 pandemic negatively impacted the market and led to a sharp fall in sales of stereotactic surgery devices. The lockdowns and restrictions led by the government led to a reduction in the diagnosis of cancer which resulted in less number of people undergoing radiation therapy. Moreover, changes in healthcare priorities and increased focus on treating COVID-19-infected patients also resulted in reduced patient visits to hospitals and clinics.
However, the market observed a quick recovery in the second half of 2021 and experienced significant growth in 2022 with an increased focus on healthcare by various government organizations. Moreover, with product launches with breakthrough technologies and continuous research funding by various organizations in oncology the market is expected to experience exponential growth over the forecast period.
Minimally invasive stereotactic surgeries offer various benefits such as faster recovery, shorter hospital stays, and lower morbidity & mortality rate, which are the major factors increasing its adoption rate. This is also leading to stereotactic surgery devices replacing conventional invasive procedures.
The COVID-19 pandemic negatively impacted the market and led to a sharp fall in sales of stereotactic surgery devices. The lockdowns and restrictions led by the government led to a reduction in the diagnosis of cancer which resulted in less number of people undergoing radiation therapy. Moreover, changes in healthcare priorities and increased focus on treating COVID-19-infected patients also resulted in reduced patient visits to hospitals and clinics.
However, the market observed a quick recovery in the second half of 2021 and experienced significant growth in 2022 with an increased focus on healthcare by various government organizations. Moreover, with product launches with breakthrough technologies and continuous research funding by various organizations in oncology the market is expected to experience exponential growth over the forecast period.
Stereotactic Surgery Devices Market Report Highlights
- The PBRT segment held the highest market share in 2022 due to its effectiveness in treating various types of malignancies
- The CyberKnife segment is expected to experience maximum growth over the forecast period owing to product launches of technologically advanced CyberKnife
- The breast segment accounted for the highest share in 2022 owing to the increasing prevalence of breast cancer globally
- Lung cancer is expected to experience significant growth due to the rising number of smokers and the degrading quality of air due to pollution
- North America accounted for the highest market share in 2022 owing to the presence of technologically advanced and well-established healthcare facilities
- Increasing investments by medical technology companies in developing and underdeveloped countries are expected to render maximum growth in Latin America
Table of Contents
Chapter 1. Methodology and Scope1.1. Market Segmentation & Scope
1.1.1. Type
1.1.2. Application
1.1.3. Regional scope
1.1.4. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.3.5.1. Data for primary interviews in North America
1.3.5.2. Data for primary interviews in Europe
1.3.5.3. Data for primary interviews in Asia Pacific
1.3.5.4. Data for primary interviews in Latin America
1.3.5.5. Data for Primary interviews in MEA
1.4. Information or Data Analysis
1.4.1. Data analysis models
1.5. Market Formulation & Validation
1.6. Model Details
1.6.1. Commodity flow analysis (Model 1)
1.6.2. Approach 1: Commodity flow approach
1.6.3. Volume price analysis (Model 2)
1.6.4. Approach 2: Volume price analysis
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
1.9.1. Objective 1
1.9.2. Objective 2
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Product Outlook
2.2.2. Application Outlook
2.2.3. Regional Outlook
2.3. Competitive Insights
Chapter 3. Stereotactic Surgery Devices Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Reimbursement framework
3.4. Market Dynamics
3.4.1. Market driver analysis
3.4.1.1. Increasing prevalence of chronic diseases
3.4.1.2. Increasing preference for minimally invasive surgeries
3.4.1.3. Rising geriatric population
3.4.2. Market restraint analysis
3.4.2.1. Lack of skilled professionals
3.4.2.2. Stringent regulations
3.5. Stereotactic Surgery Devices Market Analysis Tools
3.5.1. Industry Analysis - Porter’s
3.5.1.1. Supplier power
3.5.1.2. Buyer power
3.5.1.3. Substitution threat
3.5.1.4. The threat of new entrants
3.5.1.5. Competitive rivalry
3.5.2. PESTEL Analysis
3.5.2.1. Political landscape
3.5.2.2. Technological landscape
3.5.2.3. Economic landscape
3.5.3. Major Deals & Strategic Alliances Analysis
3.5.4. Market Entry Strategies
Chapter 4. Stereotactic Surgery Devices Market: Type Estimates & Trend Analysis
4.1. Definitions and Scope
4.1.1. Gamma Knife
4.1.2. LINAC
4.1.3. PBRT
4.1.4. CyberKnife
4.2. Product Market Share, 2022 & 2030
4.3. Segment Dashboard
4.4. Global Stereotactic Surgery Devices Market by Product Outlook
4.5. Market Application & Forecasts and Trend Analyses, 2018 - 2030
4.5.1. Gamma Knife
4.5.1.1. Market estimates and forecast 2018 - 2030 (Revenue in USD Million)
4.5.2. LINAC
4.5.2.1. Market estimates and forecast, 2018 - 2030 (Revenue in USD Million)
4.5.3. PBRT
4.5.3.1. Market estimates and forecast, 2018 - 2030 (Revenue in USD Million)
4.5.4. CyberKnife
4.5.4.1. Market estimates and forecast, 2018 - 2030 (Revenue in USD Million)
Chapter 5. Stereotactic Surgery Devices: Application Estimates & Trend Analysis
5.1. Definitions and Scope
5.1.1. Liver
5.1.2. Breast
5.1.3. Prostate
5.1.4. Lung
5.1.5. Colon
5.1.6. Others
5.2. Application Market Share, 2022 & 2030
5.3. Segment Dashboard
5.4. Global Stereotactic Surgery Devices Market by Application Outlook
5.5. Market Application & Forecasts and Trend Analyses, 2018 - 2030
5.5.1. Liver
5.5.1.1. Market estimates and forecast, 2018 - 2030 (Revenue in USD Million)
5.5.2. Breast
5.5.2.1. Market estimates and forecast, 2018 - 2030 (Revenue in USD Million)
5.5.3. Prostate
5.5.3.1. Market estimates and forecast, 2018 - 2030 (Revenue in USD Million)
5.5.4. Lung
5.5.4.1. Market estimates and forecast, 2018 - 2030 (Revenue in USD Million)
5.5.5. Colon
5.5.5.1. Market estimates and forecast, 2018 - 2030 (Revenue in USD Million)
5.5.6. Others
5.5.6.1. Market estimates and forecast, 2018 - 2030 (Revenue in USD Million)
Chapter 6. Stereotactic Surgery Devices Market: Regional Estimates & Trend Analysis
6.1. Regional market share analysis, 2022 & 2030
6.2. Regional Market Dashboard
6.3. Global Regional Market Snapshot
6.4. Regional Market Share and Leading Players, 2022
6.4.1. North America
6.4.2. Europe
6.4.3. Asia Pacific
6.4.4. Latin America
6.4.5. Middle East and Africa
6.5. SWOT Analysis, by Factor (Political & Legal, Economic and Technological)
6.5.1. North America
6.5.2. Europe
6.5.3. Asia Pacific
6.5.4. Latin America
6.5.5. Middle East and Africa
6.6. Market Application, & Forecasts and Trend Analysis, 2018 to 2030:
6.7. North America
6.7.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.7.2. U.S.
6.7.2.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.7.3. Canada
6.7.3.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.8. Europe
6.8.1. U.K.
6.8.1.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.8.2. Germany
6.8.2.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.8.3. France
6.8.3.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.8.4. Italy
6.8.4.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.8.5. Spain
6.8.5.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.8.6. Norway
6.8.6.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.8.7. Sweden
6.8.7.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.8.8. Denmark
6.8.8.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.9. Asia Pacific
6.9.1. Japan
6.9.1.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.9.2. India
6.9.2.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.9.3. China
6.9.3.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.9.4. South Korea
6.9.4.1 Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.9.5. Australia
6.9.5.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.9.6. Thailand
6.9.6.1 Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.10. Latin America
6.10.1. Brazil
6.10.1.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.10.2. Mexico
6.10.2.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.10.3. Argentina
6.10.3.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.11. MEA
6.11.1. South Africa
6.11.1.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.11.2. Saudi Arabia
6.11.2.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.11.3. UAE
6.11.3.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
6.11.4. Kuwait
6.11.4.1. Market estimates and forecast, 2018 - 2030 (Revenue, USD Million)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company/Competition Categorization
7.2.1. Innovators
7.2.2. Market Leaders
7.2.3. Emerging Players
7.3. Vendor Landscape
7.3.1. List of key distributors and channel partners
7.3.2. Key customers
7.3.3. Key company market share analysis, 2022
7.3.4. Siemens Ag
7.3.4.1. Company overview
7.3.4.2. Financial performance
7.3.4.3. Product benchmarking
7.3.4.4. Strategic initiatives
7.3.5. Elekta AB
7.3.5.1. Company overview
7.3.5.2. Financial performance
7.3.5.3. Product benchmarking
7.3.5.4. Strategic initiatives
7.3.6. Varian Medical Systems
7.3.6.1. Company overview
7.3.6.2. Financial performance
7.3.6.3. Product benchmarking
7.3.6.4. Strategic initiatives
7.3.7. IBA
7.3.7.1. Company overview
7.3.7.2. Financial performance
7.3.7.3. Product benchmarking
7.3.7.4. Strategic initiatives
7.3.8. Accuray Incorporated
7.3.8.1. Company overview
7.3.8.2. Financial performance
7.3.8.3. Product benchmarking
7.3.8.4. Strategic initiatives
List of Tables
Table 1 List of Abbreviation
Table 2 North America stereotactic surgery devices market, by region, 2018 - 2030 (USD Million)
Table 3 North America stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 4 North America stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 5 U.S. stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 6 U.S. stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 7 Canada stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 8 Canada stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 9 Europe stereotactic surgery devices market, by region, 2018 - 2030 (USD Million)
Table 10 Europe stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 11 Europe stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 12 Germany stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 13 Germany stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 14 U.K. stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 15 U.K. stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 16 France stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 17 France stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 18 Italy stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 19 Italy stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 20 Spain stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 21 Spain stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 22 Norway stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 23 Norway stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 24 Denmark stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 25 Denmark stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 26 Sweden stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 27 Sweden stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 28 APAC stereotactic surgery devices market, by region, 2018 - 2030 (USD Million)
Table 29 APAC stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 30 APAC stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 31 Japan stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 32 Japan stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 33 India stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 34 India stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 35 China stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 36 China stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 37 South Korea stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 38 South Korea stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 39 Australia stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 40 Australia stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 41 Thailand stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 42 Thailand stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 43 Latin America stereotactic surgery devices market, by region, 2018 - 2030 (USD Million)
Table 44 Latin America stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 45 Latin America stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 46 Brazil stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 47 Brazil stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 48 Mexico stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 49 Mexico stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 50 Argentina stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 51 Argentina stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 52 Middle East and Africa stereotactic surgery devices market, by region, 2018 - 2030 (USD Million)
Table 53 Middle East and Africa stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 54 Middle East and Africa stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 55 South Africa stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 56 South Africa stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 57 Saudi Arabia stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 58 Saudi Arabia stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 59 UAE stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 60 UAE stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
Table 61 Kuwait stereotactic surgery devices market, by product, 2018 - 2030 (USD Million)
Table 62 Kuwait stereotactic surgery devices market, by application, 2018 - 2030 (USD Million)
List of Figures
Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Primary interviews in North America
Fig. 5 Primary interviews in Europe
Fig. 6 Primary interviews in APAC
Fig. 7 Primary interviews in Latin America
Fig. 8 Primary interviews in MEA
Fig. 9 Market research approaches
Fig. 10 Value - chain - based sizing & forecasting
Fig. 11 QFD modeling for market share assessment
Fig. 12 Market formulation & validation
Fig. 13 Stereotactic surgery devices: market outlook
Fig. 14 Stereotactic surgery devices market competitive insights
Fig. 15 Parent market outlook
Fig. 16 Related/ancillary market outlook
Fig. 17 Penetration and growth prospect mapping
Fig. 18 Industry value chain analysis
Fig. 19 Stereotactic surgery devices market driver impact
Fig. 20 Stereotactic surgery devices market restraint impact
Fig. 21 Stereotactic surgery devices market strategic initiatives analysis
Fig. 22 Stereotactic surgery devices market: Product movement analysis
Fig. 23 Stereotactic surgery devices market: Product outlook and key takeaways
Fig. 24 Gamma knife market estimates and forecast, 2018 - 2030
Fig. 25 LINAC estimates and forecast, 2018 - 2030
Fig. 26 PBRT market estimates and forecast, 2018 - 2030
Fig. 27 CyberKnife market estimates and forecast, 2018 - 2030
Fig. 28 Stereotactic surgery devices market: application movement analysis
Fig. 29 Stereotactic surgery devices market: application outlook and key takeaways
Fig. 30 Liver estimates and forecast, 2018 - 2030
Fig. 31 Breast estimates and forecast, 2018 - 2030
Fig. 32 Prostate estimates and forecast, 2018 - 2030
Fig. 33 Lung estimates and forecast, 2018 - 2030
Fig. 34 Colon estimates and forecast, 2018 - 2030
Fig. 35 Others estimates and forecast, 2018 - 2030
Fig. 36 Global stereotactic surgery devices market: regional movement analysis
Fig. 37 Global stereotactic surgery devices market: regional outlook and key takeaways
Fig. 38 Global market share and leading players
Fig. 39 North America market share and leading players
Fig. 40 Europe market share and leading players
Fig. 41 Asia Pacific market share and leading players
Fig. 42 Latin America market share and leading players
Fig. 43 Middle East & Africa market share and leading players
Fig. 44 North America: SWOT
Fig. 45 Europe SWOT
Fig. 46 Asia Pacific SWOT
Fig. 47 Latin America SWOT
Fig. 48 MEA SWOT
Fig. 49 North America, by country
Fig. 50 North America
Fig. 51 North America market estimates and forecast, 2018 - 2030
Fig. 52 U.S.
Fig. 53 U.S. market estimates and forecast, 2018 - 2030
Fig. 54 Canada
Fig. 55 Canada market estimates and forecast, 2018 - 2030
Fig. 56 Europe
Fig. 57 Europe market estimates and forecast, 2018 - 2030
Fig. 58 U.K.
Fig. 59 U.K. market estimates and forecast, 2018 - 2030
Fig. 60 Germany
Fig. 61 Germany market estimates and forecast, 2018 - 2030
Fig. 62 France
Fig. 63 France market estimates and forecast, 2018 - 2030
Fig. 64 Italy
Fig. 65 Italy market estimates and forecast, 2018 - 2030
Fig. 66 Spain
Fig. 67 Spain market estimates and forecast, 2018 - 2030
Fig. 68 Norway
Fig. 69 Norway market estimates and forecast, 2018 - 2030
Fig. 70 Sweden
Fig. 71 Sweden market estimates and forecast, 2018 - 2030
Fig. 72 Denmark
Fig. 73 Denmark market estimates and forecast, 2018 - 2030
Fig. 74 Asia Pacific
Fig. 75 Asia Pacific market estimates and forecast, 2018 - 2030
Fig. 76 Japan
Fig. 77 Japan market estimates and forecast, 2018 - 2030
Fig. 78 India
Fig. 79 India market estimates and forecast, 2018 - 2030
Fig. 80 China
Fig. 81 China market estimates and forecast, 2018 - 2030
Fig. 82 South Korea
Fig. 83 South Korea market estimates and forecast, 2018 - 2030
Fig. 84 Australia
Fig. 85 Australia market estimates and forecast, 2018 - 2030
Fig. 86 Thailand
Fig. 87 Thailand market estimates and forecast, 2018 - 2030
Fig. 88 Latin America
Fig. 89 Latin America market estimates and forecast, 2018 - 2030
Fig. 90 Brazil
Fig. 91 Brazil market estimates and forecast, 2018 - 2030
Fig. 92 Mexico
Fig. 93 Mexico market estimates and forecast, 2018 - 2030
Fig. 94 Argentina
Fig. 95 Argentina market estimates and forecast, 2018 - 2030
Fig. 96 Middle East and Africa
Fig. 97 Middle East and Africa market estimates and forecast, 2018 - 2030
Fig. 98 South Africa
Fig. 99 South Africa market estimates and forecast, 2018 - 2030
Fig. 100 Saudi Arabia
Fig. 101 Saudi Arabia market estimates and forecast, 2018 - 2030
Fig. 102 UAE
Fig. 103 UAE market estimates and forecast, 2018 - 2030
Fig. 104 Kuwait
Fig. 105 Kuwait market estimates and forecast, 2018 - 2030
Fig. 106 Participant categorization - Stereotactic surgery devices market
Fig. 107 Market share of key market players - Stereotactic surgery devices market
Companies Mentioned
- Siemens Ag
- Elekta AB
- Varian Medical Systems
- IBA
- Accuray Incorporated
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 120 |
| Published | March 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 25.3 Billion |
| Forecasted Market Value ( USD | $ 34.47 Billion |
| Compound Annual Growth Rate | 3.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
