Press release
Emerging Trends in Thoracic Surgery Market 2020 and Global Foreseen Till 2025 | Analysis by Top Key Vendors – Boston Scientific, Medtronic, St. Jude Medical, AtriCure
Thoracic Surgery Market
A thoracic surgery involves any procedure or operation related to chest organs including heart, lungs, esophagus, and trachea. Thoracic surgery is also known as chest surgery. Thoracic surgery procedures are performed with either minimally invasive method or an open surgical procedure. Minimally invasive thoracic surgeries can be of two types: Video Assisted Thoracic Surgery and Robotic Thoracic Surgery. Thoracotomy procedure involves incision in chest and is performed to treat lung cancer.
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Global Thoracic Surgery Market: Growth Factors
Thoracic surgery is a procedure to treat medical conditions involving heart and lungs. It includes therapies such as redo heart surgery, aortic dissection for aortic surgery, minimally invasive mitral valve repair and replacement, and endovascular repair of thoracic aortic aneurysms. Rise in incidence of cardiac disorders, increase in geriatric population, and lower invasiveness than many traditional surgical procedures are expected to drive the market growth. In addition, advantages of this surgery, such as reduced pain, low blood loss, low risk of infection, and faster healing with shorter hospitalization, supplement the growth. However, dearth of skilled practitioners and stringent regulatory services may hinder the market growth. Growth in use of MRI in cardiac applications, usage of bio-absorbable and self-expandable stents, and potential in emerging nations are expected to present opportunities for market development.
Global Thoracic Surgery Market: Segmentation
On the basis of Product Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
1 Coronary Artery Bypass Grafting (CABG)
2 Heart Valve Repair
3 Transcatheter Heart Valve Replacement (TAVR)
4 Left Atrial Appendage (LAA) Closure
5 Thoracic Endovascular Aortic Repair (TEVAR)
Based on End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
1 Hospitals
2 Clinics
3 Others
Global Thoracic Surgery Market: Regional Analysis
Asia Pacific was a prominent market for Thoracic Surgerys in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Thoracic Surgery market in Asia Pacific.
There are several manufacturers of Thoracic Surgerys in Europe and North America. In North America, the demand for Thoracic Surgerys is primarily driven by the residential sector. Improved standards of living and rising usage of Thoracic Surgerys for flooring purpose are anticipated to drive the market in North America.
Global Thoracic Surgery Market: Competitive Players
Some of the major players that operate in the Global Thoracic Surgery Market are Boston Scientific, Medtronic, St. Jude Medical, AtriCure, BioVentrix, C. R. Bard.
Latest Industry Updates:
Medtronic plc (NYSE:MDT), the global leader in medical technology, today announced U.S. Food and Drug Administration (FDA) approval for the Android™ version of its Guardian™ Connect continuous glucose monitoring (CGM) system. The Guardian Connect system is a standalone CGM system that alerts patients of potential high or low sensor glucose events up to 60 minutes in advance and provides confidence to people living with diabetes who worry about fluctuating glucose levels and dangerous low glucose events. The Guardian Connect app will include several enhancements to further improve user experience. These include easier product setup through the in-app Startup Wizard, and personalized volume adjustments, including the ability to mute alerts when individuals do not want to be disturbed for a period of time.
“An analysis of real-world data has shown patients using low predictive alerts avoided 65% of low excursions, a 44% improvement from patients not using low predictive alerts,1” said Amit Bhargava, M.D., assistant professor of Medicine, Drexel University College of Medicine and division chief, Division of Endocrinology, Jefferson Hospital, Jefferson Hills, Pa. “This low detection is incredibly important for my patients that experience hypoglycemic unawareness, meaning they can go low without having any warning signs or symptoms. I am pleased to now be able to offer this technology to patients regardless of if they use an iOS or Android device
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Global Thoracic Surgery Market: Regional Segment Analysis
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
What Report Provides
Full in-depth analysis of the parent market
Important changes in market dynamics
Segmentation details of the market
Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets
Testimonials to companies in order to fortify their foothold in the market.
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Table of Contents:
Global Thoracic Surgery Market Report 2020
1 Thoracic Surgery Definition
2 Global Thoracic Surgery Market Major Player Share and Market Overview
3 Major Player Thoracic Surgery Business Introduction
4 Global Thoracic Surgery Market Segmentation (Region Level)
5 Global Thoracic Surgery Market Segmentation (Product Type Level)
6 Global Thoracic Surgery Market Segmentation (Industry Level)
7 Global Thoracic Surgery Market Segmentation (Channel Level)
8 Thoracic Surgery Market Forecast 2020-2024
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