According to FutureWise analysis the market for radiosurgery systems in 2023 is US$ 2.4 billion, and is expected to reach US$ 4.1 billion by 2031 at a CAGR of 6.9%.
Radiosurgery, also known as stereotactic radiosurgery, is a very precise form of therapeutic radiology. Despite being called surgery, radiosurgery does not involve actual surgery. To treat cancerous tissues, focused beams of radiation (gamma rays, X-rays, or protons) are used instead of surgical incisions. A radiosurgery treatment is a one-session radiation therapy treatment that creates similar results to a surgical procedure. An example of radiosurgery is the destruction of precisely selected tissue using ionizing radiation rather than excision with a blade. This form of radiation therapy is usually used to treat cancer, like other forms of radiation therapy. The Swedish neurosurgeon Lars Leksell originally defined radiosurgery as "a single high-dose fraction of radiation stereotactically directed to an intracranial region of interest". An external radiation therapy called radiosurgery uses special devices to position the patient so that a large dose of radiation can be delivered precisely to the tumor. In spite of the fact that radiosurgery is called surgery, it does not involve any surgical procedures. For the treatment of cancerous tissues, highly focused beams of radiation (gamma rays, X-rays, or protons) are used instead of surgical incisions or openings. In addition to destroying tumor cells' DNA, it also prevents their reproduction and growth. A precise form of radiation therapy, stereotactic radiosurgery is also known as stereotactic radiosurgery. Radiosurgery is required to treat malignant or benign tumors in conditions such as brain tumors, spine tumors, and cancer. Radiosurgery systems include gamma knife systems, linear accelerator systems, and proton beam systems. Using radio waves, radiosurgery destroys selected areas of the tissue with the help of radiation. There are two types of radiosurgery: stereotactic radiosurgery and staged radiosurgery. With stereotactic radiosurgery, the radiation is directed at the exact target, and with staged radiosurgery, the radiation is delivered over a certain period of time with smaller doses. Various types of cancer and tumors can be treated with radiosurgery. Approximately 50% of cancer patients are treated with radiosurgery, according to the National Cancer Institute (NCI). The use of advanced robotics, tumor tracking, and imaging capabilities in radiosurgery makes treatment and surgery easier for healthcare providers. Elekta introduced a new concept of treating any brain target virtually with the Leksell Gamma Knife Icon device. Ultra-precise micro radiosurgery is possible with this device.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Radiosurgery Systems Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Radiosurgery Systems Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.