South Korea Gamma Knife Market Size & Outlook, 2023-2030
South Korea gamma knife market, 2018-2030 (US$M)
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South Korea gamma knife market highlights
- The South Korea gamma knife market generated a revenue of USD 16.1 million in 2023 and is expected to reach USD 22.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 5.1% 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 16.1 million |
| Market revenue in 2030 | USD 22.8 million |
| Growth rate | 5.1% (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 Korea accounted for 3.6% 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 Asia Pacific, China gamma knife market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 22.8 million by 2030.
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Gamma Knife Market Scope
Gamma Knife Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 46.58% in 2023. Horizon Databook has segmented the South Korea 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.
Growing number of gamma knife treatments available in South Korea is expected to boost its market. In 2020, Samsung Medical Center completed its 15,000th Gamma knife surgery using Elekta’s Leksell Gamma Knife Icon, since its installation in 2016.
The center also carried out 60 clinical studies using this system. Samsung Medical Center is the largest cancer center in the country, which provides gamma knife treatment.
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Target buyers of South Korea 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 country-level data and insights on the South Korea gamma knife market , including forecasts for subscribers. This country databook contains high-level insights into South Korea gamma knife market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea gamma knife market size, by indications, 2018-2030 (US$M)
South Korea Gamma Knife Market Outlook Share, 2023 & 2030 (US$M)
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