The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s stereotactic surgery devices market report forecasts the stereotactic surgery devices market size to grow to $25.67 billion by 2027, with a CAGR (compound annual growth rate) of more than 4%.

Learn More On The Stereotactic Surgery Devices Market Report 2023 – https://www.thebusinessresearchcompany.com/report/stereotactic-surgery-devices-global-market-report

Stereotactic Surgery Devices Market Size Forecast
The global stereotactic surgery devices market size is expected to grow from $20.56 billion in 2022 to $21.43 billion in 2023 at a compound annual growth rate (CAGR) of 4.24%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global stereotactic surgery devices market size is expected to reach $25.67 billion in 2027 at a CAGR of 4.61%.

North America held the largest stereotactic surgery devices market share in 2022.

Key Stereotactic Surgery Devices Market Driver ­– Increase In Number Of Parkinson’s Disease And Epilepsy
 For instance, as per the study revealed by the Parkinson’s Foundation, a New York-based national nonprofit organization, in 2022, in the United States, over 90,000 people will be diagnosed with Parkinson’s disease each year. This is a 50% rise from the previously expected yearly rate of 60,000 diagnoses. Parkinson’s disease (PD) affects almost a million people in the United States. By 2030, to increase to 1.2 million. Therefore, increasing cases of Parkinson’s disease and epilepsy are driving the growth of the stereotactic surgical device market.

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Key Stereotactic Surgery Devices Market Trend – Technological Advancement
Technological advancements have emerged as the key trend gaining popularity in the stereotactic surgical device market. Major companies operating in the stereotactic surgical device market are developing innovative technologies to strengthen their position in the market.

Stereotactic Surgery Devices Market Segment
1) By Product: Gamma Knife, Line Accelerator (LINAC) Machines, Proton Beam, CyberKnife
2) By Application: Brain Tumor Treatment, Arteriovenous Malformations Treatment, Parkinsons Disease, Epilepsy, Other Applications
3) By End User: Hospitals, Laboratories

Stereotactic Surgery Devices Market Major Players and Strategies
Major players in the stereotactic surgery devices market are Alliance Oncology, Micromar Industria Commercio Ltd., Adeor Medical AG, Monteris Medical, Inomed Medizintechnik Gmbh, IBA Proton Therapy, Elekta AB, Varian Medical Systems Inc., Accuracy Incorporated, Modus Medical Devices Inc., Koninklijke Philips N.V., Huiheng Group Co., Mitsubishi Heavy Industries Ltd., GE HealthCare Technologies Inc. and Siemens Ag.

In April 2021, Siemens Healthineers AG, a German medical device company, acquired Varian Medical Systems, Inc. for an undisclosed amount. With this acquisition, both Varian and Siemens Healthineers address the growing demand for individualized, data-driven diagnostics and precision cancer care, allowing them to combat the world’s rising cancer rates. Varian Medical Systems, Inc. is a US-based manufacturer of radiation oncology treatments and software.

The Stereotactic Surgery Devices Global Market Report 2023 covers regional data on stereotactic surgery devices market size, stereotactic surgery devices market trends and drivers, opportunities, strategies, and stereotactic surgery devices market competitor analysis. The countries covered in the stereotactic surgery devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

A stereotactic surgical device is a technology that employs a set of three coordinates to precisely locate brain parts while the head is in a fixed position.

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