Canada Stereotactic Surgery Devices Market Size & Outlook

The stereotactic surgery devices market in Canada is expected to reach a projected revenue of US$ 352.4 million by 2030. A compound annual growth rate of 6.9% is expected of Canada stereotactic surgery devices market from 2023 to 2030.

Revenue, 2022 (US$M)
$207.1
Forecast, 2030 (US$M)
$352.4
CAGR, 2023 - 2030
6.9%
Report Coverage
Canada

Canada stereotactic surgery devices market highlights

  • The Canada stereotactic surgery devices market generated a revenue of USD 207.1 million in 2022 and is expected to reach USD 352.4 million by 2030.
  • The Canada market is expected to grow at a CAGR of 6.9% from 2023 to 2030.
  • In terms of segment, pbrt was the largest revenue generating device in 2022.
  • CyberKnife is the most lucrative device segment registering the fastest growth during the forecast period.


Stereotactic surgery devices market data book summary

Market revenue in 2022USD 207.1 million
Market revenue in 2030USD 352.4 million
Growth rate6.9% (CAGR from 2022 to 2030)
Largest segmentPbrt
Fastest growing segmentCyberKnife
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGamma Knife, LINAC, PBRT, CyberKnife
Key market players worldwideKoninklijke Philips NV, Hitachi Ltd, Siemens AG, Elekta AB ADR, IBA RadioPharma Solutions, Accuray Inc, Varian, Huaheng Automation


Other key industry trends

  • In terms of revenue, Canada accounted for 0.8% of the global stereotactic surgery devices market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. stereotactic surgery devices market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 352.4 million by 2030.

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Stereotactic Surgery Devices Market Companies

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Canada stereotactic surgery devices 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 stereotactic surgery devices market will help companies and investors design strategic landscapes.


Pbrt was the largest segment with a revenue share of 78.71% in 2022. Horizon Databook has segmented the Canada stereotactic surgery devices market based on gamma knife, linac, pbrt, cyberknife covering the revenue growth of each sub-segment from 2018 to 2030.


Stereotactic radiosurgery technologies such as LINAC, Gamma Knife, and CyberKnife are most commonly being used in cancer healthcare centers in Canada. PBRT is less developed in Canada, however, companies in the country are continuously focusing towards its development. 

For instance, CDL laboratories, a Quebec-based medical technology company, announced its plans to invest USD 70 million to build a state-of-the-art cancer care center at Montreal. The facility is likely to include proton beam radiotherapy, thereby making this life-changing treatment available for people in Canada. 

Moreover, in March 2019, Health Canada granted Medical Device License to Elekta Unity Magnetic Resonance Radiation Therapy (MR/RT) system. Following this, the technologically advanced system is likely to be commercially available for sale in Canada.



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Horizon Databook provides a detailed overview of country-level data and insights on the Canada stereotactic surgery devices market , including forecasts for subscribers. This country databook contains high-level insights into Canada stereotactic surgery devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada stereotactic surgery devices market size, by device, 2018-2030 (US$M)

Canada Stereotactic Surgery Devices Market Outlook Share, 2022 & 2030 (US$M)

Canada stereotactic surgery devices market size, by device, 2018-2030 (US$M)

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