Thoracic Surgery Market to witness excellent revenue growth, emerging trends & forecast by 2027
The Covid-19 outbreak has severely affected every sector across the world. The patient numbers have been increasing every day and the majority of the countries are in complete lockdown. This has affected the supply chain and overall business operations. International trading has taken a significant downfall and has created uncertainty in the stock market. These factors have affected the Thoracic Surgery market.
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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.
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The thoracic surgery market is segmented on the basis of product and region.
The product segment is divided into surgical sutures and staples, handheld surgical equipment, and electrosurgical devices. Handheld surgical equipment are sub-segmented into forceps & spatulas, retractors, dilators, graspers, auxiliary instruments, cutter instruments, and others. Geographically, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA.
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The Major Key Players Are:
Biosensors International Group, Ltd., BIOTRONIK SE & Co. KG, BioVentrix, Inc., C. R. Bard, Inc, CardiacAssist, Inc., CircuLite Inc., Jhonson & Jhonson, Corindus Vascular Robotics, Inc., Medtronic plc, and Heartware International Inc.
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