UK Stereotactic Surgery Devices Market Size & Outlook
UK stereotactic surgery devices market, 2018-2030 (US$M)
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UK stereotactic surgery devices market highlights
- The UK stereotactic surgery devices market generated a revenue of USD 242.8 million in 2022 and is expected to reach USD 436.7 million by 2030.
- The UK market is expected to grow at a CAGR of 7.6% 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 2022 | USD 242.8 million |
| Market revenue in 2030 | USD 436.7 million |
| Growth rate | 7.6% (CAGR from 2022 to 2030) |
| Largest segment | Pbrt |
| Fastest growing segment | CyberKnife |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gamma Knife, LINAC, PBRT, CyberKnife |
| Key market players worldwide | Koninklijke 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, UK accounted for 1.0% 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 Europe, Germany stereotactic surgery devices market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 248.1 million by 2030.
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Stereotactic Surgery Devices Market Scope
Stereotactic Surgery Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 62.15% in 2022. Horizon Databook has segmented the UK stereotactic surgery devices market based on gamma knife, linac, pbrt, cyberknife covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing investments in radiotherapy equipment is expected to drive market growth in the UK during the forecast period. In 2016, NHS announced to invest USD 158 million in radiotherapy equipment over the next couple of years.
Moreover, to increase the efficiency and output of radiotherapy machines, various old machines are being refurbished. According to the Cancer Research UK, approximately 260 radiotherapy machines are being used in England; of which 90 were being replaced in 2017.
In addition, countries such as Scotland and Northern Ireland are increasingly investing in radiotherapy equipment. Therefore, increasing prevalence of cancer and supportive funding policies are expected to drive market growth in the UK during the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK stereotactic surgery devices market , including forecasts for subscribers. This country databook contains high-level insights into UK stereotactic surgery devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK stereotactic surgery devices market size, by device, 2018-2030 (US$M)
UK Stereotactic Surgery Devices Market Outlook Share, 2022 & 2030 (US$M)
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