Radiosurgery Systems Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2033

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Radiosurgery Systems Market Report Overview

The Radiosurgery Systems market size was valued at $618.8 million in 2023 and will grow at a CAGR of more than 3% during 2023-2033. Radiosurgery Systems utilize beams to deliver a focused dose of radiation to a targeted tumor.

Radiosurgery Systems Market Outlook 2023-2023 ($ Million)

Radiosurgery Systems Market Outlook 2023-2023 ($ Million)

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The Radiosurgery Systems market research report identifies quantitative market trends within cardiovascular devices therapeutic areas. The report offers regional quantitative and qualitative data highlighting the sales in major markets. The model also provides an in-depth discussion of COVID-19’s effects on the Radiosurgery Systems market for 2020 and beyond. Furthermore, the report provides Radiosurgery Systems market share by company that will help in identifying untapped market opportunities.

Market Size (2023) $618.8 million
CAGR (2023-2033) >3%
Historic Period 2015-2022
Forecast Period 2023-2033
Key Segments ·       GammaKnife Radiosurgery Systems

·       Linear Accelerator Radiosurgery Systems

Key Regions ·       Asia-Pacific

·       Europe

·       Middle East and Africa

·       North America

·       South and Central America

Key Companies ·       Accuray Inc

·       Elekta AB

·       Siemens Healthineers AG

·       Other Manufacturer Revenues

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Radiosurgery Systems Market Segments

The Radiosurgery Systems market is segmented into GammaKnife Radiosurgery Systems and Linear Accelerator Radiosurgery Systems. In 2023, the Linear Accelerator Radiosurgery Systems segment accounted for the highest share of the market. The Linear Accelerator Radiosurgery System is a non-invasive radiosurgery system that works with a collimated X-ray beam focused on an intracranial target.

Radiosurgery Systems Market Analysis by Segments, 2023 (%)

Radiosurgery Systems Market Analysis by Segments, 2023 (%)

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Radiosurgery Systems Market Segmentation by Regions

The key regions in the Radiosurgery Systems market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, Asia-Pacific Radiosurgery Systems market share was the highest. With a high burden of diseases that can be effectively treated with radiosurgery systems, hospitals in developing countries are investing in these systems so that treatments are made available to larger patient populations, thereby driving market growth in the coming years.

Radiosurgery Systems Market Analysis by Regions, 2023 (%)

Radiosurgery Systems Market Analysis by Regions, 2023 (%)

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Radiosurgery Systems Market – Competitive Landscape

In 2023, the Elekta AB accounted for the highest share of the Radiosurgery Systems market

The key companies in the Radiosurgery Systems market are:

  • Accuray Inc
  • Elekta AB
  • Siemens Healthineers AG

Companies in the radiosurgery systems market, such as Accuray and Varian, are increasingly marketing their products as ‘hybrid’, in the sense that these systems are capable of functioning as radiotherapy and radiosurgery systems.

Radiosurgery Systems Market Analysis by Companies, 2023 (%)

Radiosurgery Systems Market Analysis by Companies, 2023 (%)

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Radiosurgery Systems Market Dynamics

Trends: Radiosurgery systems offer “high levels of accuracy and rapid radiation dose fall-off”. With the increase in cancer rates and the need for treatment, radiosurgery systems are expected to grow in the forecast period due to the many advantages they offer over other forms of treatment, including high accuracy, short treatment time, no pain, anesthesia, recovery time or medications required, and patients are discharged as soon as the procedure is complete.

Future Outlook: Radiosurgery Systems can focus radiation on target tissues while sparing healthy tissues, leading to lower morbidity rates. Additionally, these non-invasive techniques have the potential to reduce overall healthcare costs. Companies are working on improving the performance of current products. The result is expected to be quicker treatment times, increased device efficiency, and better clinical outcomes.

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Segments Covered in this Report

Radiosurgery Systems Segment Outlook ($ Million, 2015-2033)

  • GammaKnife Radiosurgery Systems
  • Linear Accelerator Radiosurgery Systems

Radiosurgery Systems Regional Outlook ($ Million, 2015-2033)

  • Asia-Pacific
  • Europe
  • Middle East and Africa
  • North America
  • South and Central America

Scope

  • Extensive coverage of the Radiosurgery Systems market under development.
  • An exhaustive list of major pipeline products and their details, including product description, licensing and collaboration details, and other developmental activities.
  • Reviews of major players involved in the development of the Radiosurgery Systems market and lists all their pipeline projects.
  • Coverage of pipeline products based on various stages of development ranging from early development to approved/issued stage.
  • Key clinical trial data of ongoing clinical trials specific to pipeline products.
  • Recent developments in the segment/industry.

Reasons to Buy

  • Understand the COVID-19 impact on the Radiosurgery Systems market.
  • Design your licensing strategies through a review of products, technologies, and companies with the most robust pipeline.
  • Develop business strategies by understanding the trends shaping and driving the Radiosurgery Systems market.
  • Understand the trends, innovative product launches, technologies, segments, and companies that will impact the market in the future.
  • Formulate effective sales and marketing strategies with a detailed evaluation of Radiosurgery Systems market share by company. Identify strong competitors and create winning strategies to stand out in the global Radiosurgery Systems market.
  • Track regional Radiosurgery Systems market sales as well as country-specific transactions from 2015-2033.
  • Organize your sales and marketing efforts by identifying the global Radiosurgery Systems market segments that present maximum opportunities. Such details will help to make investments and strategic partnerships.

Frequently asked questions

  • Key Inclusions of the market model are:

    The Radiosurgery Systems market research report includes an insightful review of the key industry trends.

    • The Radiosurgery Systems market report offers annualized market revenue details by segment and market outlooks from 2015-2033.
    • The report also includes market-level data on units, average selling prices, and market values.

    Regional, country, and global Radiosurgery Systems market insights:

    • The Radiosurgery Systems market share report offers qualitative insights into global and regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
    • Radiosurgery Systems market SWOT analysis.
    • The report provides trends and Radiosurgery Systems market competitive dynamics.

    Buy the Full Report for More Insights on the Companies in the Radiosurgery Systems Market

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    Learn about consumer behavior through the detailed overview of segments and the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.

    • Country-specific overview of the healthcare system.
    • Country-specific reimbursement policies.
    • Country-specific medtech regulatory landscape.

    Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. These syndicated models include demand and supply-side primary sources including Key opinion leaders. In addition, determine market trends through real-world data sources, including databases of government procedures and hospital purchasing.

    Companies covered: Accuray Inc., Elekta AB, Varian Medical Systems Inc., and Others.

    Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.

  • What was the Radiosurgery Systems market size in 2023?

    The Radiosurgery Systems market size was $618.8 million in 2023.

  • What will the Radiosurgery Systems market growth rate be during the forecast period?

    The Radiosurgery Systems market will grow at a CAGR of more than 3% during 2023-2033.

  • Which was the leading segment in the Radiosurgery Systems market in 2023?

    In 2023, the Linear Accelerator Radiosurgery Systems segment dominated the market share.

  • Which region dominated the Radiosurgery Systems market in 2023?

    In 2023, Asia-Pacific Radiosurgery Systems market share was the highest.

  • Which are the key companies operating in the Radiosurgery Systems market?

    The key companies in the Radiosurgery Systems market are Accuray Inc., Elekta AB, and Varian Medical Systems Inc. among others.

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