Lung Cancer Surgery Market is Estimated to Reach USD 22.42 billion 2030: Cognitive Market Research

Market Overview:
- Surgery for lung cancer may involve removing all or a portion of the lung. Depending on the kind, location, and stage of their lung cancer as well as any other underlying medical issues, some people may be candidates for lung cancer surgery. Surgery is used to try to treat lung cancer. This involves removing the tumour, some lung tissue around it, and frequently some lymph nodes as well.

Summary:
- Global Lung Cancer Surgery market was valued at USD 5.82 billion in 2023 and is likely to reach USD 22.42 Bn by the end of 2030, with a CAGR of 6.12%. Geographically, North America is the dominating region for lung cancer surgeries, and the Asia Pacific is expected to grow with the highest CAGR in the forecast period.

To know more The Lung Cancer Surgery Market statistics click here: https://www.cognitivemarketresearch.com/lung-cancer-surgery-market-report

Market Dynamics:
- Rising air pollution and increasing incidences of lung cancer are major factors responsible for the growth of the lung cancer surgery market. Cancer is one of the leading causes of death worldwide, according to the American Cancer Society, it is estimated that about 238,340 new cases of lung cancer (117,550 in men and 120,790 in women) will be found in 2023. On the other hand, in 2021, the number of lung cancer deaths number was 608,570. Further, increasing investment in cancer research and development can develop opportunities for the market in the upcoming period. However, the high costs of lung cancer diagnosis & treatments can hamper the growth of the market.

Market Segmentation:

- Surgical Devices:
• Surgical Instruments
• Monitoring & Visualising systems
• Endosurgical Equipment
Based on surgical devices, the market is segmented into Surgical Instruments, Monitoring & Visualising systems, and endosurgical equipment. Surgical instruments are further bifurcated into staplers, forceps, retractors, trocar, cutters, clamps, scissors, and others. Further, monitoring & visualizing systems are classified into cameras & video support, and endoscopic trocars with optical views.

- Surgical Procedures:
• Thoracotomy
• Minimally Invasive Surgeries
On the basis of surgical procedures, the market is segmented into Thoracotomy and Minimally Invasive Surgeries. Thoracotomy is further classified into lobectomy, sleeve resection, segmentectomy, and pneumonectomy. Thoracotomy is an incision on the side of the chest and follows the curve of your ribs. Further, minimally invasive surgery involves 1 to 4 small incisions to access the inside of the chest.
The thoracotomy segment accounted for the largest market share; however minimally invasive surgery segment is expected to grow with a significant CAGR in the forecast period. This is due to the growing adoption of minimally invasive surgeries, and technological advancements in medical equipment.

- End-user:
• Hospitals
• Ambulatory Surgical Centres
• Others

- Competitive Analysis for Lung Cancer Surgery Market: Ethicon US, Intuitive Surgical, Olympus Corporation, Accuray, AngioDynamics, Teleflex, KARL STORZ, Ackermann Instrumente, Scanlan International, Trokamed

Get free sample pages of latest published Lung Cancer Surgery Market Report: https://www.cognitivemarketresearch.com/lung-cancer-surgery-market-report

Regional Analysis:
- North America is the dominating regional segment of the lung cancer surgery market. This can be attributed to rising technological advancements, the quick adoption of technologies like robotic surgeries, and the increasing prevalence of lung cancer. Asia Pacific is expected to emerge as the fastest-growing market for lung cancer surgeries, during the forecast period. This is due to the increasing smoking population and the development of medical infrastructure.

News:
- Olympus Announced the New Endobronchial Ultrasound (EBUS) Bronchoscope (May 2021)
Olympus announced the launch of the FDA 510(k)-cleared BF-UC190F endobronchial ultrasound (EBUS) bronchoscope, the newest addition to its EBUS portfolio of devices for minimally invasive lung cancer diagnosis and staging via needle biopsy.

Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Lung Cancer Surgery Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Lung Cancer Surgery Market Segmentation
1.5.1 Lung Cancer Surgery Market Regional Fragmentation
1.5.1 Lung Cancer Surgery Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Lung Cancer Surgery Market
• 3.1 Global Lung Cancer Surgery Market Size 2018 - 2030, (USD Million)
• 3.2 Global Lung Cancer Surgery Market Statistics 2022: Snapshot
Chapter 4 Global Lung Cancer Surgery Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Lung Cancer Surgery Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Lung Cancer Surgery Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Lung Cancer Surgery Market Regional Analysis
Chapter 11 North America Lung Cancer Surgery Market Outlook (2018 - 2030)
Chapter 12 Europe Lung Cancer Surgery Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Lung Cancer Surgery Market Outlook (2018 - 2030)
Chapter 14 Latin America Lung Cancer Surgery Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Lung Cancer Surgery Market Outlook (2018 - 2030)
Chapter 16 Research Findings
To know more Lung Cancer Surgery Market TOC click here: https://www.cognitivemarketresearch.com/lung-cancer-surgery-market-report#table_of_contents

Related Reports
• Surgical Scissors Market- https://www.cognitivemarketresearch.com/surgical-scissors-market-report
• Lung Cancer Therapeutics Market- https://www.cognitivemarketresearch.com/lung-cancer-therapeutics-market-report
• Patient Monitoring Devices Market- https://www.cognitivemarketresearch.com/patient-monitoring-devices-market-report

About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us

This release was published on openPR.