Thoracic Surgery Devices Global Market 2024 - Key Drivers, Growth Factors, Technological Development And Forecast To 2033

The new report published by The Business Research Company, titled ""Thoracic Surgery Devices Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the thoracic surgery devices market size has grown rapidly in recent years. It will grow from $8.07 billion in 2023 to $8.89 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The thoracic surgery devices market size is expected to see strong growth in the next few years. It will grow to $12.3 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%.

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Surge In Thoracic Surgery Device Market Growth Amidst Escalating Prevalence Of Thoracic Diseases
The rising prevalence of thoracic diseases is expected to fuel the growth of the thoracic surgery device market going forward. Thoracic diseases encompass a wide range of medical conditions that affect the organs and structures within the thoracic cavity, which includes the chest area containing the heart, lungs, esophagus, trachea, diaphragm, and major blood vessels. Thoracic surgery devices are used to aid thoracic surgeons in performing procedures within the chest cavity, ensuring precision, efficacy, and safety. For instance, in 2023, according to the Australian Institute of Health and Welfare, an Australia-based government agency, chronic obstructive pulmonary disease (COPD) accounted for 3.6% of the total disease burden and constituted 50% of the total burden of disease attributable to respiratory conditions in 2023. Therefore, the rising prevalence of thoracic diseases is driving the growth of the thoracic diseases market.

Pioneering 3D-Printed Technology in Thoracic Surgery Devices Market
Major companies operating in the thoracic surgery devices market are developing innovative products with advanced technologies, such as 3D-printed airway stents, for providing customized, precise, and durable support to compromised airways. The 3D-printed bioresorbable airway stent is a medical device developed using a digital 3D model and produced layer by layer with a DLP printer. For instance, in February 2021, ETH Zurich, a Switzerland-based university, introduced 3D-printed bioresorbable airway stents composed of bioresorbable airway stents tailored to patients (i.e., they gradually dissolve after implantation). The stents are manufactured using a 3D printing process known as digital light processing (DLP) and light-sensitive resins specially adapted for this purpose. These stents are constructed using bioresorbable materials and 3D-printed technology, designed to match a patient's specific airway anatomy and gradually dissolve over time within the body, thus providing customized support without the need for invasive removal procedures.

The thoracic surgery devices market covered in this report is segmented -

1) By Product: Forceps, Graspers, Clamps And Staplers, Scissors, Spreaders, Needle Holders, Other Products
2) By Surgery Type: Lobectomy, Wedge Resection, Pneumonectomy, Other Surgery Types
3) By End-User: Hospitals, Ambulatory Surgical Centers, Other End-Users

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Major companies operating in the thoracic surgery devices market report are Cardinal Health, Medtronic plc, Danaher Corporation, Becton, Dickinson and Company, Stryker Corporation, B. Braun Melsungen AG, Olympus Corporation, Intuitive Surgical, Getinge AB, Teleflex Inc., Cook Group Incorporated, Richard Wolf GmbH, Scanlan International, OmniGuide Holdings Inc., KLS Martin Group, Sklar Surgical Instruments, ATMOS MedizinTechnik GmbH & Co. KG, Medela Healthcare, Dextera Surgical Inc., Biolitec AG, Johnson & Johnson Private Limited, Cardio medical GmbH, Grena Ltd., LivaNova plc, Sinapi Biomedical

Contents of the report:
1. Executive Summary
2. Thoracic Surgery Devices Market Report Structure
3. Thoracic Surgery Devices Market Trends And Strategies
4. Thoracic Surgery Devices Market - Macro Economic Scenario
5. Thoracic Surgery Devices Market Size And Growth
…..
27. Thoracic Surgery Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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