Stereotactic Surgery Devices Market Size - By Product (Gamma Knife, LINAC, PBRT, CyberKnife), By Application (Liver, Breast, Prostate, Lung, Colon, Others) and By Region: Global & Forecast, 2024-2033

  • 2023-12-01
  • 211
  • Healthcare & Life Sciences

Market Overview

Stereotactic Surgery Devices Market is projected to achieve a value of USD 29.23 Billion in 2023, with a linear behavior in the market growth it is forecasted to achieve a value of USD 44.1 Billion by 2033 with a CAGR of 4.3% during the forecast period 2024-2033.

In neurosurgery, stereotactic surgical instruments are specialized instruments that are used to precisely find and operate on particular brain regions. When performing treatments like biopsies, tumor removal, or deep brain stimulation, these technologies use three-dimensional coordinates to target lesions or abnormalities with excellent accuracy. These tools help surgeons navigate the complex anatomy of the brain, improving surgical precision and reducing damage to surrounding healthy tissue by using imaging techniques like MRIs and CT scans.

The stereotactic surgery devices market is expanding significantly due to increased demand brought about by improvements in neurosurgery methods. The growing prevalence of neurological conditions including Parkinson's and epilepsy is driving this industry. By enabling precise treatments, stereotactic surgery technologies lower procedural risks and shorten recuperation times. The market is also growing as a result of rising adoption and awareness of minimally invasive techniques. A growing elderly population and technological advancements drive up demand for these gadgets worldwide. In order to ensure continued growth in the near future, major players in the market are continuously spending in research & development to improve device capabilities.

Devices used in stereotactic radiosurgery and related fields are integrating a variety of technology. Treatments for radiosurgery based on Varian technology give oncologists more alternatives when treating different kinds of cancer. The Edge radiosurgery system from Varian Medical Systems is built using additional technological components and Varian technology. End-users, including clinics, can use this cutting-edge equipment to quickly and accurately perform simplified stereotactic radiosurgery.

The COVID-19 pandemic had multiple consequences on the market for equipment used in stereotactic surgery. Delays in elective treatments and supply chain interruptions during lockdowns and restrictions initially damaged the market. However, when healthcare systems changed and a stronger focus on innovative, minimally invasive therapies emerged, the demand for these particular devices grew. The pandemic's emphasis on efficiency and security has made procedures with lower infection risks more common, which has encouraged the adoption of equipment for stereotactic surgery. Moreover, the market saw a boom when healthcare institutions started doing elective surgery once more because more people realized how beneficial these tools were for accurately completing neurosurgical treatments in challenging situations.

Market Scope

Report Attributes


Market Size in 2023

USD 29.33 Billion

Market Forecast in 2033

USD 44.1 Billion

CAGR % 2024-2033


Base Year


Historic Data


Forecast Period


Report USP

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

By Product, By Application and By Region

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Growth Drivers

The demographic shift towards an aging population contributes to an increased incidence of age-related neurological disorders. Stereotactic surgery, with its ability to provide targeted treatments, becomes crucial in addressing the healthcare needs of an aging demographic.

Growing awareness among healthcare professionals and patients about the benefits of stereotactic surgery contributes to its wider acceptance. Education initiatives and awareness campaigns highlight the effectiveness of these devices in treating various neurological conditions.

The trend towards outpatient procedures and shorter hospital stays favors the adoption of stereotactic surgery devices. Patients often prefer procedures that allow for quicker recovery and reduced hospitalization, and stereotactic surgery aligns with these preferences.

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

Key Companies

Varian Medical Systems, Inc., Elekta AB, Medtronic plc, Inomed Medizintechnik GmbH, Brainlab AG, Monteris Medical Inc., Micromar Indústria e Comércio Ltda., Accuray Incorporated, Isomedix, Inc., Möller Medical GmbH, Nexstim Plc, Alliance Oncology, Renishaw plc and Other.

Market Dynamics

Market Drivers

Increasing Prevalence of Neurological Disorders

The rising prevalence of neurological disorders is a key driver propelling the growth of the stereotactic surgery devices market. With conditions like Parkinson's disease, epilepsy, and essential tremors on the rise, there's an amplified demand for precise and minimally invasive surgical interventions. Stereotactic surgery devices offer pinpoint accuracy in targeting affected areas within the brain, reducing surgical risks and enhancing patient outcomes. This increasing need for precise neurosurgical procedures has led to a surge in the adoption of stereotactic surgical tools, fostering market expansion and innovation in this specialized medical field.

Increasing Investments in Healthcare Infrastructure

The escalating investments in healthcare infrastructure play a pivotal role in driving the stereotactic surgery devices market. Improved healthcare facilities, coupled with technological advancements, encourage the adoption of sophisticated medical equipment, including stereotactic surgery devices. As healthcare institutions upgrade their infrastructure to accommodate cutting-edge tools and techniques, there's a heightened accessibility to advanced neurosurgical procedures. This increased accessibility fuels the demand for stereotactic surgery devices, fostering innovation, market growth, and ultimately, enhancing patient care by providing access to state-of-the-art neurosurgical interventions across diverse healthcare settings.

Market Restrains

The initial investment and maintenance costs

The initial investment and maintenance costs act as significant constraints on the growth of the Stereotactic Surgery Devices Market. These devices often involve substantial initial capital expenditure, making it challenging for smaller healthcare facilities to afford or integrate them into their services. Moreover, the ongoing maintenance expenses, including calibration, upgrades, and specialized training, further escalate the total cost of ownership. These financial barriers limit widespread adoption, particularly for institutions with constrained budgets, hindering the broader accessibility of this advanced technology and impeding market expansion despite its clinical advantages.

Market By Product Analysis

By Product, the Stereotactic Surgery Devices Market is Categories into Gamma Knife, LINAC, PBRT, CyberKnife. The PBRT segment accounts for the largest share of around 84% in 2022.

Proton-beam radiation therapy (PBRT) is a novel tumor targeting technique that shows promise since it can accurately deliver radiation to the tumor while causing the least amount of harm to surrounding healthy tissue. Its advantages include less side effects and the ability to treat tumors located deep within the body, where conventional radiation may be less successful, as well as pediatric cancers.

Market By Application Analysis

By Application, the Stereotactic Surgery Devices Market is Categories into Liver, Breast, Prostate, Lung, Colon, Others. The Breast segment accounts for the largest share of around 30% in 2022.

Stereotactic surgical instruments allow for accurate tumor targeting in breast cancer treatment while minimizing damage to healthy breast tissue. The main drivers here are the capacity to carry out minimally invasive biopsies, precisely identify and target small tumors, and provide patients with early-stage breast cancer with non-surgical treatment choices, hence minimizing the need for major procedures or mastectomy.

Market Regional Analysis

North America dominate the Stereotactic Surgery Devices Market with the highest revenue generating market with share of more than 43%, due to the rising incidence of neurological conditions like epilepsy, Parkinson's disease, and brain cancers. Leading producers of stereotactic surgery instruments, such as Elekta AB, Varian Medical Systems, and Brainlab AG, are also based in the area. The market in North America is expanding due to the increasing utilisation of minimally invasive surgical methods.

The European market is the second largest in the world. The market is being driven by the rising rates of reimbursement for stereotactic surgery devices, the growing acceptance of less invasive surgical methods, and the prevalence of neurological illnesses.

Asia Pacific is seeing the fastest growth in the world's Stereotactic Surgery Devices sector. This is because the region's disposable incomes are rising, the prevalence of neurological illnesses is expanding, and the use of minimally invasive surgical techniques is growing.

Competitive Analysis

The Stereotactic Surgery Devices Market is dominated by a few large companies, such as Varian Medical Systems, Inc., Elekta AB, Medtronic plc, Inomed Medizintechnik GmbH, Brainlab AG, Monteris Medical Inc., Micromar Indústria e Comércio Ltda., Accuray Incorporated, Isomedix, Inc., Möller Medical GmbH, Nexstim Plc, Alliance Oncology, Renishaw plc and Other.

There are some of the key trends that are shaping the competitive landscape of the Stereotactic Surgery Devices Market.

In 2022, Elekta's recently developed radiosurgery system, Elekta Esprit, has been approved for distribution for advanced radiosurgery applications after receiving the CE mark, indicating that it complies with European regulatory criteria.

In 2021, Building on their successful collaboration in magnetic resonance (MR)-guided adaptive radiation therapy, a rapidly developing area in cancer treatment, Philips and Elekta have reinforced their strategic alliance to promote accurate and tailored oncology care and treatment.

Research Report Following Segments:

By Product

·         Gamma Knife

·         LINAC

·         PBRT

·         CyberKnife

By Application

·         Liver

·         Breast

·         Prostate

·         Lung

·         Colon

·         Others

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Frequently Asked Questions

What is the market size of Stereotactic Surgery Devices Market in 2022?

Stereotactic Surgery Devices Market was valued at USD 28.21 Billion in 2022.

What is the growth rate for the Stereotactic Surgery Devices Market?

Stereotactic Surgery Devices Market size will increase at approximate CAGR of 4.3% during the forecasted period.

Which are the top companies operating within the market?

Major companies operating within the Stereotactic Surgery Devices Market are Varian Medical Systems, Inc., Elekta AB, Medtronic plc, Inomed Medizintechnik GmbH, Brainlab AG, Monteris Medical Inc., Micromar Indústria e Comércio Ltda., Accuray Incorporated, Isomedix, Inc., Möller Medical GmbH, Nexstim Plc, Alliance Oncology, Renishaw plc and Other.

Which region dominates the Stereotactic Surgery Devices Market?

North America dominates the market with an active share of 43%.


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