The Stereotactic Surgery Devices Market Size is valued at 24840 Million in 2022 and is predicted to reach 37264.3 Million by the year 2031 at a 4.7 % CAGR during the forecast period for 2023-2031.
Rising innovations and advancement in modern surgical procedures has led to the rise in demand for various non – invasive surgical devices such as Stereotactic Surgery Devices. Stereotactic surgery, also known as Stereotaxy, is a minimally invasive surgical technique that leverages three dimensional co-ordinates system to detect small targets inside the body and accordingly performs actions on it such as biopsy, lesion, ablation, stimulation, radiosurgery, injection, and implantation. Precision and high accuracy is the key characteristics of Stereotactic Surgery Devices. The engineering principles of arc centred stereotactic frames maximizes the accuracy of surgical procedures and ensures high precision.
Stereotactic surgery devices are composed of stereotactic frames, radiofrequency generator, and image-based planning software. With respect to degree of utility, the stereotactic frames in the stereotactic surgery devices are further classified into Simple orthogonal system, Burr hole mounted system, Arc quadrant system and Arc phantom system. With a help of 3D coordinate system, the stereotactic surgery device helps the surgeons in spotting the particular location to execute the surgical procedure. Continuous improvement in the surgical technologies has recorded with significant market acceptance. Thus existing demand and future growth in the market for non – invasive surgical procedures has resulted in increase in research and development activities in market for Stereotactic Surgery Devices. Rising acceptance and increasing demand for Stereotactic Surgery Devices leading to propel its market with significant CAGR during the forecast year of 2019 to 2030.
On the basis of equipment type, the global stereotactic surgery devices market can be further segmented into the gamma knife, line accelerator (LINAC) machines, CyberKnife and proton beam (particle beam). Line accelerator (LINAC) machines comprises the major segment for stereotactic surgery devices market, and it is anticipated to grow steadily over the forecasted period 2019 – 2030. Based on Application Type, the stereotactic surgery devices market can be further segmented into arteriovenous malformations treatment, brain tumor treatment, Parkinson’s disease, Epilepsy, and other neurological disorders including trigeminal neuralgia.
Geographically, the market for stereotactic surgery devices can be grouped into regions such as North America, Latin America, Asia Pacific, Europe, the Middle East, and Africa. With significantly strong clinical and healthcare facilities, high market acceptance and increasing adoption rate of new technologies has led the markets such as U.S., Canada, and most of the European to major market share. Moreover, developing markets in Asia Pacific has also recorded significant growth in the market.
Development and deployment of new innovative products with an enhanced clinical outcomes is the key strategy adopted by market players to sustain in a heavy industry competition. Market for stereotactic surgery devices is evolving dynamically due to increased research and development activities and consequently diverse product offerings to the customer. The market for stereotactic surgery devices also experience various organic and inorganic development activities resulting in a rise in improved product offerings.
| Report Attribute | Specifications |
| Market Size Value In 2022 | USD 24840 Million |
| Revenue Forecast In 2031 | USD 37264.3 Million |
| Growth Rate CAGR | CAGR of 4.7 % from 2023 to 2031 |
| Quantitative Units | Representation of revenue in US$ Million and CAGR from 2023 to 2031 |
| Historic Year | 2019 to 2022 |
| Forecast Year | 2023-2031 |
| Report Coverage | The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
| Segments Covered | By Type of Equipment, By Application |
| Regional Scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
| Country Scope | U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
| Competitive Landscape | Siemens AG, Elekta AB, Varian Medical Systems, IBA worldwide, Accuray Incorporated, Alliance Oncology, Micromar, Adeor Medical AG, Monteris Medical, and Inomed. |
| Customization Scope | Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
| Pricing and Available Payment Methods | Explore pricing alternatives that are customized to your particular study requirements. |
Global Stereotactic Surgery Devices Market Outlook (Value (US$ Mn) & Volume (no. of units), 2019 – 2030) By Type of Equipment
Global Stereotactic Surgery Devices Market Outlook (Value (US$ Mn) & Volume (no. of units), 2019 – 2030) By Application
Global Stereotactic Surgery Devices Market Outlook (Value (US$ Mn) & Volume (no. of units), 2019 – 2030) By Region
This study employed a multi-step, mixed-method research approach that integrates:
This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.
Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.
Secondary data for the market study was gathered from multiple credible sources, including:
These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.
Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.
Primary interviews for this study involved:
Interviews were conducted via:
Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.
All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.
The data validation process included:
This ensured that the dataset used for modelling was clean, robust, and reliable.
The bottom-up approach involved aggregating segment-level data, such as:
This method was primarily used when detailed micro-level market data were available.
The top-down approach used macro-level indicators:
This approach was used for segments where granular data were limited or inconsistent.
To ensure accuracy, a triangulated hybrid model was used. This included:
This multi-angle validation yielded the final market size.
Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.
Given inherent uncertainties, three scenarios were constructed:
Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.