Asia Pacific Gamma Knife Market Size & Outlook, 2023-2030
Asia Pacific gamma knife market, 2018-2030 (US$M)
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Asia Pacific gamma knife market highlights
- The Asia Pacific gamma knife market generated a revenue of USD 169.8 million in 2023.
- The market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, malignant tumors was the largest revenue generating indications in 2023.
- Functional Disorders is the most lucrative indications segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 169.8 million |
| Market revenue in 2030 | USD 232.4 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Malignant tumors |
| Fastest growing segment | Functional Disorders |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Malignant Tumors, Benign Tumors, Vascular Disorders, Functional Disorders, Ocular Diseases |
| Key market players worldwide | Elekta AB ADR, Varian, Akesis Pharmaceuticals, Huiheng Industry |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 38.2% of the global gamma knife market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 22.6 million by 2030.
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Gamma Knife Market Scope
Gamma Knife Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific gamma knife market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gamma knife market will help companies and investors design strategic landscapes.
Malignant tumors was the largest segment with a revenue share of 45.52% in 2023. Horizon Databook has segmented the Asia Pacific gamma knife market based on malignant tumors, benign tumors, vascular disorders, functional disorders, ocular diseases covering the revenue growth of each sub-segment from 2018 to 2030.
Large geriatric population, increase in incidence of cancer, emergence of multiple market players, and improvements in access to healthcare are among the key factors likely to drive Asia Pacific’s market. There were nearly 127 Leksell Gamma Knives installations reported in this region by 2018. The burden of neurological conditions is high in this region, representing a major need for cancer radiotherapy.
Growing healthcare expenditure is expected to further boost the market. The growth of this market can be also attributed to upgrades of existing systems to Gamma Knife Icon. There is a significant potential for upgrades in China and India. Moreover, well-established healthcare systems in Hong Kong, Australia, Singapore, and South Korea are expected to drive Asia Pacific’s gamma knife market.
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Target buyers of Asia Pacific gamma knife market databook
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Our clientele includes a mix of gamma knife market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific gamma knife market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific gamma knife market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific gamma knife market size, by country, 2018-2030 (US$M)
Asia Pacific Gamma Knife Market Outlook Share, 2023 & 2030 (US$M)
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