Press release
Lung Cancer Surgery Market 2021 Analysis by Instrument, Procedure, Volume Data, Forecast to 2026 and Prominent Players Accuray Inc. (US), AngioDynamics Inc. (US), Ethicon US, LLC (US), Intuitive Surgical Inc. (US
The Lung Cancer Surgery Market report is the ready reference that explains the market dynamics including the definition, classifications, applications, services, and trends are for the Medical Devices industry. This market study forecasts the market size, market status, growth rate, future trends, market drivers, opportunities and challenges, restraints, channels, and distributors, sales dynamics, and profit margin. This global Lung Cancer Surgery Market research report focuses on the primary and secondary drivers, critical market segments, product and service trends spanning various end-users, across different geographic regions of the Medical Devices industry.The global lung cancer surgery market is projected to reach USD 6.7 billion by 2026 from USD 5.4 billion in 2020, at a CAGR of 3.8% during the forecast period. Lung Cancer Surgery Market by Instrument ((Clamps, Foreceps, Trocars, Retractors, Scissors), Monitoring & Endoscopic Devices), Procedure (Thoracotomy (Lobectomy, Pneumonectomy, Segmentectomy, Sleeve Resection), MIS), Volume Data - Global Forecast to 2026
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“The high growth potential of emerging economies and the growing number of acquisitions by key players have also opened an array of opportunities for the growth of the lung cancer surgery market.”
List of companies profiled in the report:
Accuray Inc. (US)
AngioDynamics Inc. (US)
Ethicon US, LLC (US)
Intuitive Surgical Inc. (US)
Olympus Corporation (Japan)
Teleflex Incorporated (US)
Ackermann Instrumente GmbH (Germany)
KARL STORZ GmbH (Germany)
Scanlan International Inc. (US)
TROKAMED GmbH (Germany)
Medtronic Plc. (Ireland)
Siemens Healthcare (Germany)
Richard Wolf GmbH (Germany)
Phoenix Surgical Holdings Limited (England)
Key Surgical LLC (US)
Surgical Holdings (England)
FusionKraft (India)
KLS Martin Group (Germany)
Sontec Instruments Inc. (US)
Wexler Surgical Inc. (US)
Research Coverage:
This report provides a detailed picture of the global lung cancer surgery market. It aims at estimating the size and future growth potential of the market across different segments, such as devices, procedures, and region. The report also includes an in-depth competitive analysis of the key market players, along with their company profiles, recent developments, and key market strategies.
Key Benefits of Buying the Report:
The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall lung cancer surgery market and its sub segments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market's pulse and provide them with information on the key market drivers, restraints, opportunities, and challenges.
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Table Of Contents
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered For The Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
1.7 Summary Of Changes
2 Research Methodology
2.1 Research Data
Figure 1 Research Design
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.2 Primary Data
Figure 2 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
Figure 3 Lung Cancer Surgery Market: Bottom-Up Approach
2.3.2 Top-Down Approach
Figure 4 Lung Cancer Surgery Market: Top-Down Approach
2.4 Market Breakdown And Data Triangulation
Figure 5 Data Triangulation Methodology
2.5 Assumptions For The Study
3 Executive Summary
Figure 6 Lung Cancer Surgical Devices Market, By Type, 2020 Vs. 2026 (Usd Million)
Figure 7 Lung Cancer Surgical Procedures Market, By Type, 2020 Vs. 2026 (Usd Million)
Figure 8 Lung Cancer Surgical Instruments Market, By Type, 2020 Vs. 2026 (Usd Million)
Figure 9 Lung Cancer Surgical Procedures Market, By Region, 2020 Vs. 2026 (Usd Million)
4 Premium Insights
4.1 Lung Cancer Surgical Devices Market Overview
Figure 10 Rising Incidence Of Lung Cancer To Drive Overall Market Growth During The Forecast Period
4.2 Hand Instrument Market, By Type, 2020 Vs. 2026 (Usd Million)
Figure 11 Stapler Segment Accounted For The Largest Share Of The Market In 2020
4.3 Monitoring & Visualizing Systems Market, By Type, 2020 Vs. 2026 (Usd Million)
Figure 12 The Cameras And Video Support Segment Accounted For The Largest Market Share In 2020 (Usd Million)
4.4 Lung Cancer Surgery Devices Market, By Region, (2020−2026)
Figure 13 Asia To Register The Highest Growth Rate During The Forecast Period
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 14 Lung Cancer Surgery Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Increasing Incidence Of Lung Cancer
5.2.1.1.1 The Growing Trend Of Smoking Tobacco
5.2.1.1.2 Rising Geriatric Population
5.2.1.2 Increasing Emphasis On Early Diagnosis & Treatment Of Cancers
5.2.1.2.1 Increasing Funding For Early Detection Of Cancer
5.2.1.2.2 Rising Number Of Diagnostic Centers For The Early Detection Of Cancer
5.2.1.3 Rising Technological Advancements In Lung Cancer Treatment
5.2.1.4 Availability Of Reimbursements
5.2.2 Restraints
5.2.2.1 The High Cost Of Lung Cancer Diagnosis & Treatments
5.2.3 Opportunities
5.2.3.1 Emerging Economies
5.2.4 Challenges
5.2.4.1 Increasing Adoption Of Refurbished Imaging Systems
5.2.4.2 The Dearth Of Skilled Oncologists
5.3 Covid - 19 Impact Analysis In The Lung Cancer Surgery Market
6 Lung Cancer Surgical Devices Market, By Type
6.1 Introduction
Table 1 Lung Cancer Surgical Devices Market, By Type, 2016–2019 (Usd Million)
Table 2 Lung Cancer Surgical Devices Market, By Type, 2020–2026 (Usd Million)
6.2 Surgical Instruments
Table 3 Surgical Instruments Market, By Type, 2016–2019 (Usd Million)
Table 4 Surgical Instruments Market, By Type, 2020–2026 (Usd Million)
Table 5 Surgical Instruments Market, By Region, 2016–2019 (Usd Million)
Table 6 Surgical Instruments Market, By Region, 2020–2026 (Usd Million)
6.2.1 Powered Surgical Instruments
6.2.1.1 Consistent Performance And Optimum Functionality During Surgical Procedures To Drive The Market Growth For Powered Instruments
Table 7 Powered Surgical Instruments Market, By Region, 2016–2019 (Usd Million)
Table 8 Powered Surgical Instruments Market, By Region, 2020–2026 (Usd Million)
6.2.2 Hand Instruments
Table 9 Hand Instruments Market, By Type, 2016–2019 (Usd Million)
Table 10 Hand Instruments Market, By Type, 2020–2026 (Usd Million)
Table 11 Hand Instruments Market, By Region, 2016–2019 (Usd Million)
Table 12 Hand Instruments Market, By Region, 2020–2026 (Usd Million)
6.2.2.1 Staplers
6.2.2.1.1 Time Effectivity Of Staplers Over Suturing To Drive The Market Growth
Table 13 Hand Instruments Market For Staplers, By Region, 2016–2019 (Usd Million)
Table 14 Hand Instruments Market For Staplers, By Region, 2020–2026 (Usd Million)
6.2.2.2 Forceps
6.2.2.2.1 Surgical Forceps Are The Most Widely Used Instruments
Table 15 Hand Instruments Market For Forceps, By Region, 2016–2019 (Usd Million)
Table 16 Hand Instruments Market For Forceps, By Region, 2020–2026 (Usd Million)
6.2.2.3 Retractors
6.2.2.3.1 Retractors Are Flexible; Key Factor Driving Market Growth
Table 17 Hand Instruments Market For Retractors, By Region, 2016–2019 (Usd Million)
Table 18 Hand Instruments Market For Retractors, By Region, 2020–2026 (Usd Million)
6.2.2.4 Rib Shears
6.2.2.4.1 Increasing Thoracotomy Procedures Worldwide To Drive The Adoption Of Rib Shears
Table 19 Hand Instruments Market For Rib Shears, By Region, 2016–2019 (Usd Million)
Table 20 Hand Instruments Market For Rib Shears, By Region, 2020–2026 (Usd Million)
6.2.2.5 Cutters
6.2.2.5.1 Use Of Mechanical Cutters For Debridement Procedures To Drive The Market Growth
Table 21 Hand Instruments Market For Cutters, By Region, 2016–2019 (Usd Million)
Table 22 Hand Instruments Market For Cutters, By Region, 2020–2026 (Usd Million)
6.2.2.6 Clamps
6.2.2.6.1 Clamps Are Lightweight; Key Factor Driving Market Growth
Table 23 Hand Instruments Market For Clamps, By Region, 2016–2019 (Usd Million)
Table 24 Hand Instruments Market For Clamps, By Region, 2020–2026 (Usd Million)
6.2.2.7 Scissors
6.2.2.7.1 Scissors Are An Essential Tool In Surgeries As They Have Versatile Applications
Table 25 Hand Instruments Market For Scissors, By Region, 2016–2019 (Usd Million)
Table 26 Hand Instruments Market For Scissors, By Region, 2020–2026 (Usd Million)
6.2.2.8 Trocars
6.2.2.8.1 The Increasing Number Of Cardiothoracic Surgeries To Drive The Market Growth For Trocars
Table 27 Hand Instruments Market For Trocars, By Region, 2016–2019 (Usd Million)
Table 28 Hand Instruments Market For Trocars, By Region, 2020–2026 (Usd Million)
6.2.2.9 Elevators
6.2.2.9.1 Elevators Help In The Clear Visualization Of A Body Cavity
Table 29 Hand Instruments Market For Elevators, By Region, 2016–2019 (Usd Million)
Table 30 Hand Instruments Market For Elevators, By Region, 2020–2026 (Usd Million)
6.2.2.10 Other Hand Instruments
Table 31 Other Hand Instruments Market, By Region, 2016–2019 (Usd Million)
Table 32 Other Hand Instruments Market, By Region, 2020–2026 (Usd Million)
6.3 Monitoring And Visualizing Systems
Table 33 Monitoring And Visualizing Systems Market, By Type, 2016–2019 (Usd Million)
Table 34 Monitoring And Visualizing Systems Market, By Type, 2020–2026 (Usd Million)
Table 35 Monitoring And Visualizing Systems Market, By Region, 2016–2019 (Usd Million)
Table 36 Monitoring And Visualizing Systems Market, By Region, 2020–2026 (Usd Million)
6.3.1 Cameras And Video Support
6.3.1.1 Improved Quality Of Images And Visualization During Surgeries To Drive The Market Growth Of This Segment
Table 37 Monitoring And Visualizing Systems Market For Cameras And Video Support, By Region, 2016–2019 (Usd Million)
Table 38 Monitoring And Visualizing Systems Market For Cameras And Video Support, By Region, 2020–2026 (Usd Million)
6.3.2 Endoscopic Trocars With Optical Views
6.3.2.1 Increasing Endoscopic Surgeries For Lung Cancer To Drive The Market Growth Of This Segment
Table 39 Monitoring And Visualizing Systems Market For Endoscopic Trocars With Optical Views, By Region, 2016–2019 (Usd Million)
Table 40 Monitoring And Visualizing Systems Market For Endoscopic Trocars With Optical Views, By Region, 2020–2026 (Usd Million)
6.4 Endosurgical Equipment
6.4.1 Increasing Adoption Of Robotic Surgeries For Lung Cancer To Drive The Market Growth
Table 41 Endosurgical Equipment Market, By Region, 2016–2019 (Usd Million)
Table 42 Endosurgical Equipment Market, By Region, 2020–2026 (Usd Million)
7 Lung Cancer Surgical Procedures Market, By Type
8 Lung Cancer Surgery Market, By Region
9 Competitive Landscape
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