Stereotactic Surgery Devices Market Research Report - Global Forecast till 2027

Global Stereotactic Surgery Devices Research Report: By Product Type (gamma Knife, Linear Accelerators, Proton Beam Therapy, Cyberknife), by Application (Brain Tumour, Arteriovenous Malformations, Parkinson’s disease, Epilepsy, Other)—Forecast till 2027

ID: MRFR/MED/5327-HCR | February, 2021 | Region : Global

Stereotactic Surgery Devices Market Scenario:


stereotactic surgery devices market is expected to grow significantly over the forecast period. It is anticipated that the market held a market value of USD 16.59 billion in 2017 and is projected to grow at a CAGR of 5.2% over the forecast period. Stereotactic surgery is used to treat and diagnose several neurological diseases. In stereotactic brain surgery for brain tumour, tumour is removed with assistance of image guidance, that is previously obtained images are used to guide the surgeon to the exact location of the lesion in the brain. The factors such as increasing preference for minimally invasive surgeries and growing prevalence of brain-related diseases such as Parkinson’s disease is expected to propel the growth of the market over the forecast period. According to the Parkinson’s Foundation, approximately 60,000 Americans are diagnosed with Parkinson’s disease each year. According to the same source, it is anticipated that about 930,000 people in the US will be having Parkinson’s disease by 2020. However, the high installation cost and low treatment charges delays the recovery of the invested amount which thereby limits the adoption of the technology. This factor is expected to restrain the market growth during the forecast period.


Stereotactic Surgery Devices MarketKey players:


Koninklijke Philips N.V., Huiheng Medical, Inc., Mitsubishi Heavy Industries, Ltd., GE Healthcare, Varian Medical Systems, Hitachi Medical Systems, Accuray, Inc., Ferring B. V., Elekta AB, and Shinva Medical Instrument Co., Ltd are some of the key players in the market.


Stereotactic Surgery Devices Market Segmentation:


The global stereotactic surgery devices market has been segmented into product type and application.


The global market, on the basis of product type, has been segmented into gamma knife, Linear accelerators (LINAC), proton beam therapy, and cyberknife. By product type, linear accelerators (LINAC) segment is expected to hold largest market share owing to the growing adoption rate and installations. Additionally, cyberknife is expected to be the fastest growing segment over the assessment period owing to its growing popularity in the developing economies.


On the basis of application, the market has been segmented into brain tumour, arteriovenous malformations, Parkinson’s disease, epilepsy, and others.


The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The stereotactic surgery devices market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.


The European stereotactic surgery devices market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. 


The market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The stereotactic surgery devices market in the Middle East & Africa has been segmented into the Middle East and Africa.


Stereotactic Surgery Devices Market Regional Summary


Geographically, the Americas is anticipated to dominate the global stereotactic surgery devices market owing to the growing prevalence of neurological diseases, presence of developed healthcare infrastructure, and high disposable income. According to the National Organization for rare Diseases, approximately 10,000-15,000 new cases of trigeminal neuralgia occur each year in the US.


Europe is expected to hold the second largest position in the global stereotactic surgery devices market. The market growth in this region is attributed to the increasing occurrences of brain diseases and presence of developed healthcare sector.


The stereotactic surgery devices market in Asia-Pacific region consists of countries namely China, Japan, Republic of Korea, India, Australia and Rest of Asia-Pacific. The Asia-Pacific region is expected to be fastest growing region owing to the growing prevalence of brain-related diseases and continuously growing healthcare sector.


The Middle East & Africa has the least share of the market. Majority of the market of this region is expected to be held by the Middle East region due to a well-developed healthcare sector and growing government initiatives for the healthcare sector.

Global Stereotactic Surgery Devices Market Share (%), by Region, 2017


Source: White Papers, Company Presentations, Annual Reports


Market Segmentation Synopsis:


Global Stereotactic Surgery Devices Market, by Product Type



  • Gamma Knife

  • Linear Accelerators (LINAC)

  • Proton Beam Therapy

  • Cyberknife


Global Stereotactic Surgery Devices Market, by Application



  • Brain Tumor

  • Arteriovenous malformations

  • Parkinson’s disease

  • Epilepsy

  • Others


Global Stereotactic Surgery Devices Market, by Region



  • Americas


    • North America


      • US

      • Canada


    • South America


  • Europe


    • Western Europe


      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe


    • Eastern Europe


  • Asia-Pacific


    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific


  • Middle East & Africa


    • Middle East

    • Africa



Intended Audience



  • Research and consulting firms

  • Pharmaceutical and biotechnology manufacturers

  • Contract research organizations (CROs)

  • Contract manufacturing organizations (CMOs)

Table of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6. Global Stereotactic Surgery Devices Market, by Product Product Type

6.1 Introduction

6.2 Gamma Knife

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.3 Linear Accelerators (LINAC)

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.4 Proton Beam Therapy

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.5 Cyberknife

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

Chapter 7. Global Stereotactic Surgery Devices Market, by Application

7.1 Introduction

7.2 Brain Tumor

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.3 Arteriovenous Malformations

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.4 Parkinsons Disease

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.5 Epilepsy

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.6 Others

Chapter 8. Global Stereotactic Surgery Devices Market, by Region

8.1 Introduction

8.2 Americas

8.2.1 North America

8.2.1.1 US

8.2.1.2 Canada

8.2.2 South America

8.3 Europe

8.3.1 Western Europe

8.3.1.1 Germany

8.3.1.2 France

8.3.1.3 Italy

8.3.1.4 Spain

8.3.1.5 UK

8.3.1.6 Rest of Western Europe

8.3.2 Eastern Europe

8.4 Asia-Pacific

8.4.1 Japan

8.4.2 China

8.4.3 India

8.4.4 Australia

8.4.5 South Korea

8.4.6 Rest of Asia-Pacific

8.5 Middle East & Africa

8.5.1 Middle East

8.5.2 Africa

Chapter 9. Company Landscape


9.1 Introduction

9.2 Market Share Analysis

9.3 Key Development & Strategies


Chapter 10. Company Profiles


10.1 Koninklijke Philips N.V.

10.1.1 Company Overview

10.1.2 Application Overview

10.1.3 Financials Overview

10.1.4 Key Developments

10.1.5 SWOT Analysis

10.2 Huiheng Medical, Inc.

10.2.1 Company Overview

10.2.2 Application Overview

11.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 SWOT Analysis

10.3 Mitsubishi Heavy Industries, Ltd.

10.3.1 Company Overview

10.3.2 Application Overview

10.3.3 Financial Overview

10.3.4 Key Development

10.3.5 SWOT Analysis

10.4 GE Healthcare

10.4.1 Company Overview

10.4.2 Application Overview

10.4.3 Financial Overview

10.4.4 Key Development

10.4.5 SWOT Analysis

10.5 Varian Medical Systems

10.5.1 Company Overview

10.5.2 Application Overview

10.5.3 Financial overview

10.5.4 Key Developments

10.5.5 SWOT Analysis

10.6 Hitachi Medical Systems

10.6.1 Overview

10.6.2 Application Overview

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 SWOT Analysis

10.7 Ferring B. V.

10.7.1 Overview

10.7.2 Application Overview

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 SWOT Analysis

10.8 Accuray, Inc.

10.8.1 Overview

10.8.2 Application Overview

10.8.3 Financial Overview

10.8.4 Key Developments

10.8.5 SWOT Analysis

10.9 Shinva Medical Instrument Co., Ltd

10.9.1 Overview

10.9.2 Application Overview

10.9.3 Financial Overview

10.9.4 Key Developments

10.9.5 SWOT Analysis

10.10 Elekta AB

10.10.1 Overview

10.10.2 Application Overview

10.10.3 Financial Overview

10.10.4 Key Developments

10.10.5 SWOT Analysis

10.11 Others

Chapter 11 MRFR Conclusion

11.1 Key Findings

11.1.1 From CEO’s View point

11.1.2 Unmet Needs of the Market

11.2 Key Companies to Watch

11.3 Predictions for the Stereostatic Surgery Industry

Chapter 12. Appendix

LIST OF TABLES

Table 1 Global Stereotactic Surgery Devices Market Synopsis, 2020-2027

Table 2 Global Stereotactic Surgery Devices Market Estimates and Forecast, 2020-2027

(USD Million)

Table 3 Global Stereotactic Surgery Devices Market, by Region, 2020-2027 (USD Million)

Table 4 Global Stereotactic Surgery Devices Market, by Product Type, 2020-2027 (USD Million)

Table 5 Global Stereotactic Surgery Devices Market, by Application, 2020-2027 (USD Million)

Table 6 North America: Stereotactic Surgery Devices Market, by Product Type, 2020-2027 (USD

Million)

Table 7 North America: Stereotactic Surgery Devices Market, by Application, 2020-2027 (USD

Million)

Table 8 US: Stereotactic Surgery Devices Market, by Product Type, 2020-2027 (USD Million)

Table 9 US: Stereotactic Surgery Devices Market, by Application, 2020-2027 (USD Million)

Table 10 Canada: Stereotactic Surgery Devices Market,by Product Type, 2020-2027 (USD Million)

Table 11 Canada: Stereotactic Surgery Devices Market,by Application, 2020-2027 (USD Million)

Table 12 South America: Stereotactic Surgery Devices Market, by Product Type, 2020-2027

(USD Million)

Table 13 South America: Stereotactic Surgery Devices Market, by Application, 2020-2027

(USD Million)

Table 14 Europe: Stereotactic Surgery Devices Market, by Product Type, 2020-2027 (USD

Million)

Table 15 Europe: Stereotactic Surgery Devices Market, by Application, 2020-2027 (USD Million)

Table 16 Western Europe: Stereotactic Surgery Devices Market, by Product Type, 2020-2027

(USD Million)

Table 17 Western Europe: Stereotactic Surgery Devices Market, by Application, 2020-2027 (USD

Million)

Table 18 Eastern Europe: Stereotactic Surgery Devices Market, by Product Type, 2020-2027

(USD Million)

Table 19 Eastern Europe: Stereotactic Surgery Devices Market, by Application, 2020-2027 (USD

Million)

Table 20 Asia-Pacific: Stereotactic Surgery Devices Market, by Product Type, 2020-2027 (USD

Million)

Table 21 Asia-Pacific: Stereotactic Surgery Devices Market, by Application, 2020-2027

(USD Million)

Table 22 Middle East & Africa: Stereotactic Surgery Devices Market, by Product Type, 2020-2027

(USD Million)

Table 23 Middle East & Africa: Stereotactic Surgery Devices Market, by Application, 2020-2027

(USD Million)



LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Stereotactic Surgery Devices Market

Figure 3 Segmentation Market Dynamics for Global Stereotactic Surgery Devices Market

Figure 4 Global Stereotactic Surgery Devices Market Share, by Product Type, 2020

Figure 5 Global Stereotactic Surgery Devices Market Share, by Application, 2020

Figure 6 Global Stereotactic Surgery Devices Market Share, by Region, 2020

Figure 7 North America: Stereotactic Surgery Devices Market Share, by Country, 2020

Figure 8 Europe: Stereotactic Surgery Devices Market Share, by Country, 2020

Figure 9 Asia-Pacific: Stereotactic Surgery Devices Market Share, by Country, 2020

Figure 10 Middle East & Africa: Stereotactic Surgery Devices Market Share, by Country, 201

Figure 11 Global Stereotactic Surgery Devices Market: Company Share Analysis, 2020 (%)

Figure 12 Koninklijke Philips N.V. : Key Financials

Figure 13 Koninklijke Philips N.V. : Segmental Revenue

Figure 14 Koninklijke Philips N.V. : Geographical Revenue

Figure 15 Huiheng Medical, Inc.: Key Financials

Figure 16 Huiheng Medical, Inc.: Segmental Revenue

Figure 17 Huiheng Medical, Inc.: Geographical Revenue

Figure 18 Mitsubishi Heavy Industries, Ltd.: Key Financials

Figure 19 Mitsubishi Heavy Industries, Ltd.: Segmental Revenue

Figure 20 Mitsubishi Heavy Industries, Ltd.: Geographical Revenue

Figure 21 GE Healthcare : Key Financials

Figure 22 GE Healthcare: Segmental Revenue

Figure 23 GE Healthcare : Geographical Revenue

Figure 24 Varian Medical Systems: Key Financials

Figure 25 Varian Medical Systems: Segmental Revenue

Figure 26 Varian Medical Systems Geographical Revenue

Figure 27 Hitachi Medical Systems: Key Financials

Figure 28 Hitachi Medical Systems: Segmental Revenue

Figure 29 Hitachi Medical Systems: Geographical Revenue

Figure 30 Accuray, Inc.: Key Financials

Figure 31 Accuray, Inc.: Segmental Revenue

Figure 32 Accuray, Inc.: Geographical Revenue

Figure 33 Shinva Medical Instrument Co., Ltd: Key Financials

Figure 34 Shinva Medical Instrument Co., Ltd: Segmental Revenue

Figure 35 Shinva Medical Instrument Co., Ltd: Geographical Revenue

Figure 36 Ferring B. V.: Key Financials

Figure 37 Ferring B. V.: Segmental Revenue

Figure 39 Ferring B. V.: Geographical Revenue

Figure 40 Elekta AB: Key Financials

Figure 41 Elekta AB: Segmental Revenue

Figure 42 Elekta AB: Geographical Revenue

Stereotactic Surgery Devices Market