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The gamma probe device market size was valued at USD 218.2 million in 2025 and is expected to reach a market valuation of USD 231.6 million in 2026. Furthermore, the market is projected to reach a market valuation of USD 372.6 million by 2034, exhibiting a CAGR of 6.1% during the forecast period.
Currently, the healthcare facilities are shifting toward minimally invasive procedures. In such a scenario, gamma probes enable accurate intraoperative localization of diseased tissue, thereby reducing complications and improving outcomes. This is expected to increase their adoption, driving the market growth during the forecast period.
Rising Incidence of Cancer to Drive the Market Growth
Over the past few years, there has been an increasing incidence of cancer, including breast cancer and melanoma, which has increased the number of sentinel lymph node biopsy (SLNB) procedures. In such surgeries, gamma probes play a vital role. As a result, higher cancer incidence is expected to drive demand for gamma probes, thereby augmenting the segment’s growth.
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According to data from the American Cancer Society, an estimated 2,114, 850 new cancer cases will be diagnosed in 2026.
Competition from Alternative Imaging & Localization Techniques to Hamper the Market Growth
Despite high demand for gamma probe devices, emerging alternatives such as fluorescence-guided surgery (ICG), magnetic tracers, and advanced imaging systems are gradually reducing reliance on traditional radioguided methods in certain procedures. Such a scenario is anticipated to hinder the market growth over the forecast period.
Expansion in Emerging Markets to Offer Lucrative Growth Opportunity
In recent years, there has been an improvement in healthcare infrastructure and an increase in cancer diagnosis rates in emerging economies such as India, China, and Brazil. This is attracting key players to expand their product offerings in these countries, thereby driving significant market expansion.
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By Application |
By End-user |
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· North America (U.S. and Canada) · Europe (U.K., Germany, France, Spain, Italy, Scandinavia, and the Rest of Europe) · Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific) · Latin America (Brazil, Mexico, and the Rest of Latin America) · Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa) |
The report covers the following key insights:
By product, the market is segmented into equipment and accessories & consumables.
The equipment segment is expected to hold the major share of the global market during the forecast period. This growth is driven by ongoing technological advancements, such as wireless probes and improved detector sensitivity, which are driving replacement and upgrade cycles.
By application, the market is segmented into sentinel lymph node biopsy (SLNB), tumor localization, parathyroid surgery, and others.
The sentinel lymph node biopsy (SLNB) segment is expected to hold the major share of the global market during the forecast period. This growth is attributed to the high global incidence of breast cancer, which significantly drives procedural volumes, directly translating into higher device utilization.
Based on end-user, the market is divided into hospitals & ASCs, specialty clinics, and others.
The hospitals & ASCs segment is expected to hold the largest share of the global market during the forecast period. Most SLNB, tumor localization, and parathyroid surgeries are performed in hospital settings due to the need for advanced surgical infrastructure, radiotracer handling capabilities, and multidisciplinary teams. This is expected to drive the adoption of gamma probes in these settings, contributing to the segment’s growth.
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Based on region, the market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America accounted for a 41.8% share of the global gamma probe device market in 2025. The growth is attributed to strong adoption of radioguided surgery workflows, supported by the region's established healthcare infrastructure. Also, the strong presence of major players in the region is expected to support product adoption and drive the region’s growth.
Asia Pacific is expected to grow at the highest CAGR during the forecast period. The growth is attributed to the large patient pool of breast cancer and melanoma in the region, which is influencing key players to expand their offerings and footprint in countries such as India, China, and South Korea.
The global gamma probe market remains highly fragmented, with leading companies launching innovative products and increasing R&D investments.
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