Lung Cancer Surgery Market Size, and Growth Report | Expand at 4% CAGR by 2030

The global lung cancer surgery market is set to witness a growth rate of 4% in the next 5 years. Increasing incidence of lung cancer; advancements in surgical techniques, growing geriatric population; growing focus on early cancer detection and treatment; favorable reimbursement policies and integration of advanced imaging and diagnostic tools are some of the key factors driving the lung cancer surgery market.

Lung cancer surgery is a medical procedure aimed at removing cancerous tissue from the lungs. It is primarily used to treat early-stage lung cancer, particularly non-small cell lung cancer (NSCLC), and involves various techniques such as lobectomy (removal of a lung lobe), pneumonectomy (removal of an entire lung), and segmentectomy (removal of part of a lobe). Advanced methods like video-assisted thoracoscopic surgery, and robotic-assisted thoracic surgery offer minimally invasive options, reducing recovery time and complications. Lung cancer surgery is often combined with other treatments, including chemotherapy, radiation, or immunotherapy, to improve patient outcomes and reduce recurrence.

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Increasing incidence of lung cancer to propel market demand

The increasing incidence of lung cancer indirectly drives the medical aesthetics market by fueling demand for aesthetic procedures to manage physical changes resulting from cancer treatments. According to the International Agency for Research (IARC), Lung cancer was the most frequently diagnosed cancer in 2022, responsible for almost 2.5 million new cases, or 12.4% of all cancers globally. Lung cancer therapies, such as chemotherapy and radiation, often lead to hair loss, skin changes, and facial volume loss, prompting patients to seek cosmetic solutions for improved appearance and self-confidence. Additionally, advancements in minimally invasive aesthetic procedures, like dermal fillers and laser therapies, provide non-surgical options for cancer survivors. The growing focus on post-cancer care and the rising awareness of aesthetic treatments contribute to the expansion of the medical aesthetics market.

Advancements in surgical techniques are driving the market growth

Advancements in surgical techniques are significantly driving the lung cancer surgery market by improving precision, reducing complications, and enhancing patient outcomes. Minimally invasive procedures like video-assisted thoracoscopic surgery and robotic-assisted thoracic surgery enable smaller incisions, faster recovery times, and lower post-operative risks compared to traditional open surgeries. Enhanced imaging technologies, real-time navigation systems, and robotic platforms improve tumor localization and surgical accuracy, leading to better survival rates. Additionally, the adoption of personalized surgical approaches, based on genetic profiling and AI-driven decision-making, is further optimizing treatment, making surgery a preferred option for early-stage lung cancer patients.

Competitive Landscape Analysis

The global lung cancer surgery market is marked by the presence of established and emerging market players such as Intuitive Surgical, Medtronic, Johnson & Johnson, Olympus Corporation, Siemens Healthineers, Teleflex Incorporated, Accuray Incorporated, AngioDynamics, KARL STORZ SE & Co. KG, and Richard Wolf GmbH; among others. Some of the key strategies adopted by market players include new product development, strategic partnerships and collaborations, and geographic expansion.

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Global Lung Cancer Surgery Market Segmentation

This report by Medi-Tech Insights provides the size of the global lung cancer surgery market at the regional- and country-level from 2023 to 2030. The report further segments the market based on product, application, end user.

Market Size & Forecast (2023-2030), By Product, USD Million

Surgical Instruments
Powered Surgical Instruments
Hand Instruments
Monitoring and Visualizing Systems
Cameras and Video Support
Endoscopic Trocars with Optical Views
Endo surgical Equipment
Others

Market Size & Forecast (2023-2030), By Application, USD Million

Thoracotomy
Lobectomy
Sleeve Resection
Segmentectomy
Pneumonectomy
Minimally Invasive Surgeries

Market Size & Forecast (2023-2030), By End User, USD Million

Hospitals
Ambulatory Surgical Centers (ASCs)
Others

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Ruta Halde
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About Medi-Tech Insights

Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services in the areas of market assessments, due diligence, competitive intelligence, market sizing and forecasting, pricing analysis & go-to-market strategy. Our methodology includes rigorous secondary research combined with deep-dive interviews with industry-leading CXO, VPs, and key demand/supply side decision-makers.

This release was published on openPR.