Stereotactic Surgery Devices Market Report by 2032 on the Competitive Environment, Research Methods, Business Opportunities, Data, and Industry Analysis

 Global Stereotactic Surgery Devices Market Forecast to 2032

The global stereotactic surgery devices market size is expected to reach USD 37.27 Billion in 2032 and register a steady revenue CAGR of 3.9% during the forecast period, according to the latest analysis by Emergen Research. The increasing prevalence of chronic diseases is a key factor driving market revenue growth. Every year, 41 million individuals globally die from chronic illnesses such as diabetes, cancer, chronic lung disorders, and Cardiovascular Diseases (CVDs). Chronic disease prevention and funding are crucial. Stereotactic radiosurgery is a very precise type of therapeutic radiation that can be used to treat brain and spine disorders such as cancer, epilepsy, trigeminal neuralgia, and arteriovenous malformations. Stereotactic radiosurgery does not require an incision or opening; instead, X-ray beams are precisely aimed at aberrant tissues through the skin from numerous directions. Radiosurgery operates similarly to other modalities of therapeutic radiology. The X-ray beams damage or destroy the deoxyribonucleic acid (DNA) of cells in aberrant places, preventing them from reproducing and growing. The aberrant tissue becomes inert and eventually diminishes with proper therapy. A mechanized arm that travels around the patient during therapy can be used to treat lesions in the spine or other areas.

The market size, revenue growth, and CAGR from 2022 to 2032 are all addressed in the Stereotactic Surgery Devices Market Analysis. The research also gives significant insights into the top market players, including SWOT analysis, Porter's Five Forces analysis, and feasibility analysis, to give readers a competitive edge. The study focuses on the current epidemic's most recent trends, major challenges, opportunities, and limitations.

The Stereotactic Surgery Devices Market refers to the market for medical devices used in stereotactic surgery procedures. Stereotactic surgery is a minimally invasive technique that involves the precise targeting of specific areas in the brain or other parts of the body using three-dimensional coordinates. It is commonly used in neurosurgery to treat various conditions, including brain tumors, Parkinson's disease, and epilepsy.

The market for stereotactic surgery devices includes a range of specialized instruments and equipment that aid in the accurate localization and targeting of the surgical site. These devices typically comprise a stereotactic frame or frameless system, imaging modalities such as MRI or CT scanners, and navigation systems that assist surgeons in planning and executing the procedure.

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Stereotactic Surgery Devices market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

Elekta AB, Accuracy Inc., Ion Beam Applications SA, Mevion Medical Systems, Micromar, Inomed, Alliance Oncology, Medical AG, Monteris Medical, and Varian Medical Systems Inc

Research Report on the Stereotactic Surgery Devices Market Addresses the Following Key Questions:

Who are the dominant players of the Stereotactic Surgery Devices market?

Which regional market is anticipated to have a high growth rate over the projected period?

What consumer trends and demands are expected to influence the operations of the market players in the Stereotactic Surgery Devices market?

What are the key growth drivers and restraining factors of the Stereotactic Surgery Devices market?

What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?

What is the overall impact of the COVID-19 pandemic on the Stereotactic Surgery Devices market and its key segments?

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Some Key Highlights From the Report

On 9 January 2023, GE HealthCare announced that it has agreed to purchase IMACTIS, a pioneer in the rapidly expanding field of Computed Tomography (CT) interventional guidance across a wide range of service areas. IMACTIS is a French company founded in 2009 by Stephane Lavallee and Lionel Carrat, who developed CT-Navigation, an ergonomic universal solution that provides stereotactic needle guidance, allowing intuitive pre-planning and continuous control across a wide range of procedures, from diagnosis to treatment.

The gamma knife segment is expected to account for largest revenue share in the global stereotactic surgery devices market over the forecast period owing to its various benefits. Radiosurgery, also known as stereotactic radiosurgery, using a Gamma Knife is a type of radiation therapy. A gamma knife method, despite its name, does not involve incisions, which is not even a knife. Gamma knife uses incredibly precise gamma ray beams to treat a sick (lesion) or developing (tumor) location. This is most often used in In addition, gamma radiation beams offer a high dose of radiation to a small area without requiring an incision. Radiosurgery destroys cells and prevents their growth and a lesion or tumor will shrink in size over time. Gamma Knife radiosurgery is referred to as surgery since the end result is akin to surgical excision of a lesion.

The brain tumor treatment segment is expected to register steadily fast revenue growth rate in the global stereotactic surgery devices market over the forecast period. Stereotactic Radiosurgery (SRS) uses a large number of well-focused radiation beams to treat tumors and other disorders in brain, neck, lungs, liver, spine, and other areas of body. Stereotactic radiosurgery of brain and spine is often performed in a single session. Body radiosurgery is used to treat tumors of lung, liver, adrenal gland, and other soft tissues, and treatment typically takes three to five sessions. Gamma knife radiosurgery is a type of radiation therapy used to treat brain tumors, vascular malformations, and other anomalies. Gamma Knife radiosurgery makes use of specialized equipment to accurately focus 200 tiny beams of radiation on a tumor or other target.

The North America market accounted for largest revenue share in the global stereotactic surgery devices market during the forecast period. This is attributed to increasing activities by key market players in countries in this region. Accuray, a biomedical company based in the U.S., recently announced that Auckland Radiation Oncology (ARO) will be the first in New Zealand to treat patients with CyberKnife System, a robotic radiation therapy device known for delivering treatments with sub-millimeter precision and accuracy in 1 to 5 outpatient sessions. ARO medical care team selected the latest generation CyberKnife S7 System to more efficiently provide Stereotactic Radiosurgery (SRS) and Stereotactic Body Radiation Therapy (SBRT) to patients, reducing time spent on daily treatments and increasing number of New Zealand cancer patients treated each day.

Market Segmentations of the Stereotactic Surgery Devices Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2032. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Stereotactic Surgery Devices market on the basis of product, application, and region:

Segments Covered in this report are:

Product Type Offering Outlook (Revenue, USD Billion; 2019–2032)

Gamma Knife

Linear Accelerator (LINAC)

Proton Beam Radiation Therapy

Cyber Knife

Application Outlook (Revenue, USD Billion; 2019–2032)

Brain Tumor Treatment

Arteriovenous Malformations Treatment

Parkinson’s Disease Treatment

Epilepsy Treatment

Others

End-Use Outlook (Revenue, USD Billion; 2019–2032)

Hospitals

Laboratories

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Regional Landscape section of the Stereotactic Surgery Devices report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key reasons to buy the Global Stereotactic Surgery Devices Market report:

The latest report comprehensively studies the global Stereotactic Surgery Devices market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.

The report offers an insightful analysis of the regional outlook of the market.

It offers a detailed account of the end-use applications of the products services offered by this industry.

The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

In conclusion, the Stereotactic Surgery Devices Market report is an exhaustive database that will help readers formulate lucrative strategies. The Stereotactic Surgery Devices Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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