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Lung Cancer Surgery Market Trends, Segmentation, Regional Outlook, Future Plans and Forecast to 2029

Lung Cancer Surgery Market was valued at US$ 28.85 Bn. in 2022, and it is expected to reach US$ 43.21 Bn. by 2029, exhibiting a CAGR of 5.94% during the forecast period 2023-2029.

Lung Cancer Surgery Market Overview

The report on Lung Cancer Surgery Market provides a comprehensive overview, encompassing Market segmentation based on Segmentation and region. It estimates the Market’s value for the forecasted period, highlighting major opportunities, CAGR, and annual growth rate.

Lung Cancer Surgery Market Report Scope and Research Methodology

The research for this report incorporates a comprehensive Market segmentation, covering type, application, form, and region of the Lung Cancer Surgery Market. It estimates the Market in terms of USD value for the forecasted period, providing major opportunities, Compound Annual Growth Rate (CAGR), and annual growth rate. The report adopts a bottom-up approach to accurately estimate the Lung Cancer Surgery Market size. Data from both international and domestic Markets are analysed, including landscape analysis, trade insights, and key regions of development, ensuring a thorough Market analysis. Additionally, the report includes product development details, such as current technologies, new product launches, and research and development activities, all of which contribute to Market growth. For a deeper understanding of Market strategies, business segmentation, and the geographic region of major players, the report offers an in-depth analysis.

 

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Lung Cancer Surgery Market Regional Insights

North America dominated the largest Market share in 2022 and is expected to significantly grow during the forecast period. Asia Pacific is a fast-growing region in a Lung Cancer Surgery Market. Europe expected a sustainable growth during the forecast period.

Lung Cancer Surgery Market Segmentation:

by Surgical Devices

Surgical Instruments
1. Hand Instruments
1.1. Staplers
1.2. Forceps
1.3. Retractors
1.4. Rib Shears
1.5. Trocar
1.6. Cutters
1.7. Clamps
1.8. Scissors
1.9. Elevators
1.10. Other Hand Instruments
1.11. Powered Surgical Equipment
Monitoring & Visualising Systems
1. Cameras & Video Support
2. Endoscopic Trocars with Optical Views
Endosurgical Equipment

Surgical Instruments Segment is dominating the market with highest CAGR during the forecast period. Power surgical Instruments reduce the amount of time needed for surgeries by delivering dependable performance and top-notch functionality. These are the primary variables influencing the switch from hand instruments to powered surgical equipment.

by Surgical Procedure

Thoracotomy
1. Lobectomy
2. Sleeve Resection
3. Segmentectomy
4. Pnuemenectomy
Minimally Invasive Surgeries

With the highest CAGR during the course of the projection period, the thoracotomy category is leading the market. A greater reliance on this sort of surgery may be the cause of segment growth because it is less expensive than open chest surgery via thoracotomy. Over the course of the projection period, it is also expected that the many other benefits it offers—such as fewer complications, faster healing, shorter hospital stays, and less blood loss—would boost segment growth.

by End User

Hospitals
Specialty Cancer Care Centers
Ambulatory Surgical Centers

The hospital segment is dominating the market with the highest CAGR during the forecast period. People prefer to do surgeries in hospital than other places so this segment is growing fast.

Lung Cancer Surgery Market Key Players:

1. Accuray, Inc.
2. Ackermann Instrumente GmbH
3. AngioDynamics, Inc.
4. Intuitive Surgical, Inc.
5. Karl Storz GmbH & Co. KG
6. Olympus Corporation
7. Scanlan International, Inc.
8. Teleflex, Inc.
9. Trokamed GmbH
10. Covidien
11. BSD Medical Corp.,
12. Richard Wolf GMBH
13. Siemens Healthcare,
14. Neomend Inc.,
15. Ethicon Endo surgery Inc.
16. Medtronic Plc.
17. Phoenix Surgical Holdings Limited
18. FusionKraft
19. KLS Martin Group

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Key questions answered in Lung Cancer Surgery Market are:

  • Who are the key players in the Lung Cancer Surgery Market?
  • What is the demand pattern for the Lung Cancer Surgery Market?
  • What is the expected Lung Cancer Surgery Market size by the end of the forecast period?
  • What are the global trends in the Lung Cancer Surgery Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for Lung Cancer Surgery Market?
  • How is the intervention from regulatory authority is shaping the Lung Cancer Surgery Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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