South Africa Gamma Knife Market Size & Outlook, 2023-2030
South Africa gamma knife market, 2018-2030 (US$M)
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South Africa gamma knife market highlights
- The South Africa gamma knife market generated a revenue of USD 4.9 million in 2023 and is expected to reach USD 7.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5.6% 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.
Gamma knife market data book summary
| Market revenue in 2023 | USD 4.9 million |
| Market revenue in 2030 | USD 7.1 million |
| Growth rate | 5.6% (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, South Africa accounted for 1.1% 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 Middle East & Africa, South Africa gamma knife market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 3.0 million by 2030.
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Gamma Knife Market Scope
Gamma Knife Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 44.9% in 2023. Horizon Databook has segmented the South Africa 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.
Adoption of gamma knife therapy systems for treating cancers, brain tumors, and other neurological conditions is gradually increasing in South Africa. Life Care Hospital and Netcare group are key institutions that provide stereotactic radiosurgery in this country.
The recently developed technologically advanced Leksell Gamma Knife Icon was first installed in Netcare hospital, Johannesburg. However, there are no reported installations of gamma knife instruments prior to 2016. Increasing investment in radiotherapy is expected to further drive the country’s market over the forecast period.
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Our clientele includes a mix of gamma knife market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa gamma knife market , including forecasts for subscribers. This country databook contains high-level insights into South Africa gamma knife market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa gamma knife market size, by indications, 2018-2030 (US$M)
South Africa Gamma Knife Market Outlook Share, 2023 & 2030 (US$M)
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