Innovative Plate And Screw Fixation Systems Revolutionizing Post-Surgical Recovery Industry Trends Gaining Momentum in the Global Thoracic Surgery Devices Market

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Thoracic Surgery Devices Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for thoracic surgery devices has seen robust growth in recent times. Expected to expand from $8.89 billion in 2024 to $9.74 billion in 2025, it is projected to have a compound annual growth rate (CAGR) of 9.7%. Factors contributing to this upward trend during the historic period include advancements in surgical methodology, the rising elderly population, an increase in cases of thoracic diseases, a surge in surgical volume, development of healthcare infrastructure, and initiatives in training and education.

Thoracic Surgery Devices Market Size Forecast: What's the Projected Valuation by 2029?
Expectations are high for the thoracic surgery devices market to witness solid expansion in the coming years. The market is predicted to swell to a worth of $13.26 billion by 2029, with a compound annual growth rate (CAGR) of 8.0%. This growth during the projection period can be owed to factors such as the incorporation of robotics and artificial intelligence, patient-oriented strategies, personalized implant solutions, telemedicine, remote surgical procedures, and value-driven healthcare models. Significant trends expected in the forecast timeline encompass worldwide cooperation in healthcare, technological breakthroughs in medical device engineering, advancements in imaging technology, telemedicine, and support for remote surgeries, along with the growth in ambulatory surgical centers (ascs).

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What Are the Drivers Transforming the Thoracic Surgery Devices Market?
The increased incidence of thoracic diseases is speculated to accelerate the evolution of the thoracic surgery device market. Thoracic diseases represent a spectrum of health conditions impacting the entities located within the thoracic cavity, features such as the heart, lungs, esophagus, trachea, diaphragm, and major blood vessels. Devices utilized in thoracic surgeries aid surgeons conducting operations within the chest cavity, promising accuracy, effectiveness, and safety. For example, data from the Australian Institute of Health and Welfare in 2023 indicated that chronic obstructive pulmonary disease (COPD) constituted 3.6% of the total disease load and represented 50% of the total disease burden linked to respiratory conditions in the same year. As such, the growing incidence of thoracic diseases contributes to the expansion of the thoracic surgery device market. The thoracic surgery device market is experiencing a surge amidst the growing prevalence of lung cancer. Lung cancer, commonly linked with tobacco usage, is a type of cancer that originates from the cells in the lungs resulting in uncontrollable cell growth. Thoracic surgery devices are critical in treating lung cancer, providing precise techniques like tumor removal, biopsies, and lung resections to improve patient results and minimize invasiveness. For example, the American Cancer Society reported in January 2023 that lung cancer was the leading source of cancer-related deaths in the United States, making up about 20% of all cancer deaths. The organization estimates that roughly 238,340 new cases of lung cancer will be diagnosed, and 127,070 will result in death in 2023. Thus, the escalating cases of lung cancer fuel the growth of the thoracic surgery device market.

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What Long-Term Trends Will Define the Future of the Thoracic Surgery Devices Market?
Leading players in the thoracic surgery devices market are innovating advanced plate and screw fixation systems with the aim to decrease complications related to chest surgeries. These devices are strategically designed to secure and stabilize bones or tissue fragments as they heal post thoracic or orthopedic surgeries. For example, DePuy Synthes, a medical device firm based in the US, unveiled the MatrixSTERNUM fixation system in August 2024, specifically created to stabilize the chest wall subsequent to chest and open-heart surgeries. This state-of-the-art system raises the quality of patient care in the surgery room through its superior locking capability, speedier chest fixture, and slim, low-profile plates in comparison to its rivals. The MatrixSTERNUM mechanism offers a locking strength that is three times stronger than its leading counterpart, ensuring improved sternum fixation during the recuperation period. The system's multi-hole screw guides enable accurate and swift plate fixation, hence diminishing the time of the operation significantly. Furthermore, the 1.5 mm low-profile plates are slim and adaptable, decreasing their visibility underneath the skin.

Which Segments in the Thoracic Surgery Devices Market Offer the Most Profit Potential?
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

Subsegments:
1) By Forceps: Straight Forceps, Curved Forceps
2) By Graspers: Tissue Graspers, Vessel Graspers
3) By Clamps and Staplers: Surgical Clamps, Stapling Devices
4) By Scissors: Surgical Scissors, Dissecting Scissors
5) By Spreaders: Rib Spreaders, Tissue Spreaders
6) By Needle Holders: Standard Needle Holders, Fine Tip Needle Holders
7) By Other Products: Electrosurgical Instruments, Surgical Retractors

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Which Firms Dominate the Thoracic Surgery Devices Market by Market Share and Revenue in 2025?
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

Which Regions Offer the Highest Growth Potential in the Thoracic Surgery Devices Market?
North America was the largest region in the thoracic surgery devices market in 2024. The regions covered in the thoracic surgery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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