Canada Gamma Knife Market Size & Outlook, 2023-2030
Canada gamma knife market, 2018-2030 (US$M)
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Canada gamma knife market highlights
- The Canada gamma knife market generated a revenue of USD 19.7 million in 2023 and is expected to reach USD 26.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.4% 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.
Gamma knife market data book summary
| Market revenue in 2023 | USD 19.7 million |
| Market revenue in 2030 | USD 26.6 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Malignant tumors |
| Fastest growing segment | Functional Disorders |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Canada accounted for 4.4% of the global gamma knife market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. gamma knife market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 189.5 million by 2030.
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Gamma Knife Market Scope
Gamma Knife Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 46.19% in 2023. Horizon Databook has segmented the Canada 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.
Increase in incidence of brain cancer, coupled with improvement in access to treatment therapies such as gamma knife radiotherapy, is expected to drive Canada’s market. Nearly 27 Canadians are diagnosed with brain cancer per day. Almost 193 cancer deaths are reported every 100,000 populations in the country, as per OECD.
Brain metastasis is the result of cancer in most Canadian patients, which is expected to boost the adoption of advanced stereotactic radiosurgery systems, such as gamma knives. In February 2017, Health Canada issued medical device license to Lek sell Gamma Knife Icon.
In June 2017, the first patient was treated with Lek sell Gamma Knife Icon. Adoption of technologically advanced systems, such as Lek sell Gamma Knife Icon, represents favorable market growth. In addition, rise in healthcare expenditure and increase in number of gamma knife surgery centers in Canada are expected to significantly boost the market in the coming years.
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Our clientele includes a mix of gamma knife market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada gamma knife market , including forecasts for subscribers. This country databook contains high-level insights into Canada gamma knife market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada gamma knife market size, by indications, 2018-2030 (US$M)
Canada Gamma Knife Market Outlook Share, 2023 & 2030 (US$M)
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