Future of the Veterinary Stereotactic Radiosurgery System Market: Strategic Analysis and Forecast to 2034

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Veterinary Stereotactic Radiosurgery System Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, there has been a significant expansion in the market size of the veterinary stereotactic radiosurgery system. From a value of $2.92 billion in 2024, it is projected to escalate to $3.28 billion in 2025, achieving a compound annual growth rate (CAGR) of 12.3%. The notable growth during the historic period can be linked to factors such as a rise in pet ownership, investments in veterinary healthcare, regulatory backing and an increase in pet insurance.

Veterinary Stereotactic Radiosurgery System Market Size Forecast: What's the Projected Valuation by 2029?
Expectations are pointing towards a swift expansion for the veterinary stereotactic radiosurgery system market in the coming years. Its worth is predicted to reach $5.28 billion by 2029, progressing at a compound annual growth rate (CAGR) of 12.6%. The increase during the forecast period can be credited to a growing elderly pet population, an increase in consciousness and learning, and the globalization of veterinary services. Among the critical trends that will emerge in the forecast period are the fusion of AI and robotics, constant technological advancements, a strong inclination towards personalized medicine, incorporating telemedicine, collaborative efforts and partnerships, the increasing appeal of cyberknife and linac systems, and a pronounced focus on minimally invasive procedures.

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What Are the Drivers Transforming the Veterinary Stereotactic Radiosurgery System Market?
The increase in household animals is anticipated to drive the expansion of the veterinary stereotactic radiosurgery system market in future. Pets are animals that are kept in homes for companionship or pleasure. The veterinary stereotactic radiosurgery system facilitates the treatment of tumors in pets with various head sizes and shapes. For example, according to the People's Dispensary Sick Animals wellness (PAW) Report, the largest annual assessment of pet wellness in the UK, it is projected that in 2023, 53% of UK adults would have a pet, including owning a dog (29%), a cat (24%) or a rabbit (2%). Last two years have seen an increase in pet population, as reported by 67% veterinary practitioners, with 71% accrediting it to a rise number in their clinic and 54% attributing it to new pets introduction into their communities. As such, the surge in pet population, consequently, fuels the growth of the veterinary stereotactic radiosurgery system market.

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What Long-Term Trends Will Define the Future of the Veterinary Stereotactic Radiosurgery System Market?
One significant trend that is gaining traction in the veterinary stereotactic radiosurgery system market is the development of superior technology. The leading companies in this market are investing in technological evolution to maintain their market dominance. For instance, Accuray Incorporated, an American company known for its radiotherapy systems, has introduced its latest CyberKnife S7 system. This product is the new generation of the firm's CyberKnife radiation therapy platform. The robotic radiation therapy system utilises Stereotactic radiosurgery (SRS) and stereotactic body radiation therapy (SBRT) in only quarter of an hour to treat an array of neurological disorders and both benign and malignant cancers throughout the body. To customise radiation application in real-time according to the patient's movements or the move of the tumor, S7 uses Accuray's patented Synchrony motion-synchronization technology. The unique structure of the robot allows for radiation to be delivered from potentially thousands of diverse angles.

Which Segments in the Veterinary Stereotactic Radiosurgery System Market Offer the Most Profit Potential?
The veterinary stereotactic radiosurgery system market covered in this report is segmented -

1) By Product: Microsurgical Instrumentation, Optical Or Viewing Instruments, Other Products
2) By Modality: Gamma Knife, Linear Accelerator, Particle Beam Radiation Therapy, Cyber Knife
3) By Application: Canine, Feline, Other Applications
4) By End User: Hospitals, Contract Research Organizations (CROs), Other End Users

Subsegments:
1) By Microsurgical Instrumentation: Stereotactic Frames, Navigation Systems, Targeting Devices
2) By Optical Or Viewing Instruments: Endoscopes, Surgical Microscopes, Imaging Systems
3) By Other Products: Treatment Planning Software, Radiation Delivery Systems, Accessories

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Which Firms Dominate the Veterinary Stereotactic Radiosurgery System Market by Market Share and Revenue in 2025?
Major companies operating in the veterinary stereotactic radiosurgery system market include PetCure Oncology, Elekta AB, Accuray Incorporated, Varian Medical Systems Inc., Nanovi Radiotherapy A/S, Ion Beam Applications SA, ZAP Surgical Systems Inc., Brainlab AG, Best Medical International Inc., Mevion Medical Systems Inc., Hitachi Ltd., Sumitomo Heavy Industries Ltd., Shinva Medical Instrument Co. Ltd., Beijing Wandong Medical Equipment Co. Ltd., Neusoft Medical Systems Co. Ltd., Xinjiang Xinxing Medical Equipment Co. Ltd., Beijing Neusoft Medical Systems Co. Ltd., Siemens Healthineers AG, Philips Healthcare Company, GE Healthcare Technologies Inc., Toshiba Medical Systems Corporation, Hitachi Aloka Medical Ltd., Vision RT Limited

Which Regions Offer the Highest Growth Potential in the Veterinary Stereotactic Radiosurgery System Market?
North America was the largest region in the veterinary stereotactic radiosurgery system market in 2024. The regions covered in the veterinary stereotactic radiosurgery system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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