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Lung Cancer Surgery Market 2021 Global Scope By Procedure, Device, CAGR, Size, Share, Overview and Top Companies - Ethicon US LLC (U.S.), Intuitive Surgical Inc. (U.S.), Olympus Corporation (Japan), Accuray Inc. (U.S.)

07-06-2021 10:22 AM CET | Health & Medicine

Press release from: ReportsnReports

Lung Cancer Surgery Market is an outstanding market research report that conducts industry analysis on products, markets, companies, industries, and many countries worldwide. When it is about guessing general market conditions, the growth prospects in the market, likely restrictions, significant industry trends, market size, market share, sales volume, and future trends, the finest market research report such as this Lung Cancer Surgery Market report comes into the picture. The competitive analysis carried out in this industry analysis report includes strategic profiling of key market players, their core competencies, their strong and weak points, and the competitive landscape of the market which supports businesses illustrate their individual strategies.

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Lung Cancer Surgery Market by Procedure (Thoracotomy (Lobectomy, Pneumonectomy, Segmentectomy), Minimally Invasive), Device (Surgical (Clamps, Forceps, Retractors, Stapler), Monitoring (Camera, Trocar), Endoscopic Instrument) - Global Forecast to 2021

The major players in the lung cancer surgery market are

Ethicon US LLC (U.S.),
Intuitive Surgical Inc. (U.S.),
Olympus Corporation (Japan),
Accuray Inc. (U.S.),
AngioDynamics Inc. (U.S.),
Teleflex Inc. (U.S.),
KARL STORZ GmbH (Germany),
Ackermann Instrumente GmbH (Germany),
Scanlan International Inc. (U.S.),
and Trokamed GmbH (Germany).

The global lung cancer surgery market is segmented based on device, procedure, and region. On the basis of device, the lung cancer surgery market is segmented into surgical instruments, monitoring and visualizing systems, and endosurgical equipment. The monitoring and visualizing systems segment is expected to register the highest CAGR during the forecast period. Increasing awareness about advanced treatment procedures such as video-assisted thoracoscopic surgeries (VATS) and laser surgeries are the factors driving the growth of this segment.

On the basis of procedure, the lung cancer surgery market is classified into thoracotomy and minimally invasive surgeries. The thoracotomy segment further sub-segmented into lobectomy, sleeve resection, segmentectomy, and pneumonectomy. In 2016, the thoracotomy segment is expected to account for the largest share of the global lung cancer surgery. These surgeries are widely adopted to confirm the diagnosis of lung cancer, remove tumours and scar tissue, or fix air leaks. Moreover, availability of skilled professional for performing thoracotomy and less time for surgery are the major factors that will drive the growth of this segment.

Geographically, North America dominates the global lung cancer surgery market. Growth in the North American segment is primarily driven by the rapid growth in the aging population, availability of reimbursement for lung cancer surgeries, and increasing incidence of lung cancer.

The major factors contributing to the growth of the global lung cancer surgery market include the increasing incidence and prevalence of cancer, increasing lung cancer awareness campaigns, and rising aging population. On the other hand, high cost of lung cancer surgery is restraining the growth of this market. The high growth potential in the Asian region provides opportunities for players in the lung cancer surgery market.

Research Coverage

Apart from comprehensive geographic and devices analysis and market sizing, the report also provides a competitive landscape that covers the growth strategies adopted by industry players over the last three years. In addition, the company profiles comprise the product portfolios, developments, and strategies adopted by players to maintain and increase their shares in the market.

Reasons to Buy the Report:

This report will enable both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help these firms garner greater market shares. Companies purchasing the report can use any one or a combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the lung cancer surgery market. The report analyses the lung cancer surgery market by device, procedure, and region.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and new product launches in the lung cancer surgery market

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the lung cancer surgery market

Market Development: Comprehensive information about emerging markets. This report analyzes the market for lung cancer surgery across geographies

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the lung cancer surgery market

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Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Markets Covered
1.4 Years Considered for the Study
1.5 Currency
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Secondary Data
2.1.1 Key Data From Secondary Sources
2.2 Primary Data
2.2.1 Key Data From Primary Sources
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown and Data Triangulation
2.5 Assumptions for the Study

3 Executive Summary
3.1 Introduction
3.2 Conclusion

4 Premium Insights
4.1 Lung Cancer Surgical Devices Market Overview
4.2 Geographic Analysis: Lung Cancer Surgical Devices Market, By Type
4.3 Lung Cancer Surgical Procedures Market, By Type, 2016-2021
4.4 Lung Cancer Surgical Devices Market, By Region, 2016-2021

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Technological Advancements in Lung Cancer Treatment
5.2.1.2 Increasing Incidence and Prevalence of Lung Cancer
5.2.1.3 Rising Geriatric Population
5.2.1.4 Increasing Number of Awareness Initiatives Aimed at Early Detection of Cancer
5.2.2 Restraints
5.2.2.1 High Cost of Lung Cancer Surgeries
5.2.3 Opportunities
5.2.3.1 Untapped Emerging Markets
5.2.4 Challenges
5.2.4.1 Entry Barriers for New Players
5.2.4.2 Dearth of Oncologists

6 Lung Cancer Surgical Devices Market, By Type
6.1 Introduction
6.2 Surgical Instruments
6.2.1 Hand Instruments
6.2.1.1 Staplers
6.2.1.2 Forceps
6.2.1.3 Retractors
6.2.1.4 RIB Shears
6.2.1.5 Trocars
6.2.1.6 Cutters
6.2.1.7 Clamps
6.2.1.8 Scissors
6.2.1.9 Elevators
6.2.1.10 Other Hand Instruments
6.3 Monitoring and Visualizing Systems
6.3.1 Cameras & Video Support
6.3.2 Endoscopic Trocars With Optical Views
6.3.3 Endosurgical Equipment

7 Lung Cancer Surgical Procedures Market, By Type
7.1 Introduction
7.2 Thoracotomy
7.2.1 Lobectomy
7.2.2 Sleeve Resection
7.2.3 Segmentectomy
7.2.4 Pneumonectomy
7.3 Minimally Invasive Surgeries

8 Lung Cancer Surgery Market, By Region
8.1 Introduction
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.3 Europe
8.4 Asia
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 RoA
8.5 Rest of the World (RoW)

9 Lung Cancer Surgical Devices Market , Competitive Landscape
9.1 Introduction
9.2 Strategic Overview
9.3 Market Share Analysis
9.4 Competitive Situation and Trends
9.4.1 Agreements, Partnerships, and Collaborations
9.4.2 Product Launches
9.4.3 Expansions
9.4.4 Acquisitions
9.4.5 Other Developments

10 Company Profiles
(Overview, Products and Services, Financials, Strategy & Development)*
10.1 Introduction
10.2 Accuray Incorporated
10.3 Angiodynamics Inc.
10.4 Ethicon Us, LLC (Johnson & Johnson)
10.5 Intuitive Surgical Inc.
10.6 Olympus Corporation
10.7 Teleflex Incorporated
10.8 Ackermann Instrumente GmbH
10.9 Karl Storz GmbH
10.10 Scanlan International, Inc.
10.11 Trokamed GmbH

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.

11 Appendix
11.1 Insights of Industry Experts
11.2 Discussion Guide
11.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
11.4 Introducing RT: Real-Time Market Intelligence
11.5 Available Customizations
11.6 Related Reports
11.7 Author Details

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