Rising Demand for Minimally Invasive Thoracic Surgery Fueled by Growing Chronic Diseases and Technological Advancements


Dublin, Oct. 19, 2023 (GLOBE NEWSWIRE) -- The "Global Minimally Invasive Thoracic Surgery Market by Type (Lobectomy, Pleurectomy, Pneumonectomy), Technology (Laparoscopy Surgery, Medical Robotics, Non-Visual Imaging), Application, End-User - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.

The Minimally Invasive Thoracic Surgery Market size was estimated at USD 2.51 billion in 2022, USD 2.63 billion in 2023, growing at a CAGR of 7.15% to reach USD 4.36 billion by 2030.

Market Dynamics

Drivers

  • Rising prevalence of chronic diseases and increased number of surgical procedures
  • Growing demand for minimally invasive thoracic surgeries
  • Increase in the geriatric population coupled with growing awareness regarding the target disorders

Restraints

  • High cost of the procedures

Opportunities

  • Availability of technologically advanced products, such as narrow-band imaging endoscopes, and HD cameras
  • Increasing investments in research and development for technological advancement in the field of thoracic surgeries

Challenges

  • Dearth of trained professionals

Companies Mentioned

  • B. Braun Melsungen, AG
  • Cook Group Incorporated
  • GE Healthcare Inc.
  • Grena Ltd.
  • Intuitive Surgical Inc
  • Johnson & Johnson Services, Inc.
  • Koninklijke Philips N.V.
  • Medela Inc.
  • Medtronic PLC
  • NuVasive, Inc.
  • Richard Wolf GmbH
  • Stryker Corporation
  • Teleflex Incorporated
  • Zimmer Biomet Holdings, Inc.

The report offers valuable insights on the following aspects:

  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast for the Minimally Invasive Thoracic Surgery Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Minimally Invasive Thoracic Surgery Market?
  3. What is the competitive strategic window for identifying opportunities in the Minimally Invasive Thoracic Surgery Market?
  4. What are the latest technology trends and regulatory frameworks in the Minimally Invasive Thoracic Surgery Market?
  5. What is the market share of the leading vendors in the Minimally Invasive Thoracic Surgery Market?
  6. Which modes and strategic moves are suitable for entering the Minimally Invasive Thoracic Surgery Market?

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Minimally Invasive Thoracic Surgery Market.

  • Based on Type, the market is studied across Lobectomy, Pleurectomy, Pneumonectomy, and Wedge Resection. The Pleurectomy is projected to witness significant market share during forecast period.
  • Based on Technology, the market is studied across Laparoscopy Surgery, Medical Robotics, Non-Visual Imaging, and Transcatheter Surgery. The Transcatheter Surgery is projected to witness significant market share during forecast period.
  • Based on Application, the market is studied across Esophageal Cancer, Gastroesophageal Reflux, and Lung Cancer. The Gastroesophageal Reflux is projected to witness significant market share during forecast period.
  • Based on End-User, the market is studied across Ambulatory Surgical Centers and Hospital. The Ambulatory Surgical Centers is projected to witness significant market share during forecast period.
  • Based on Region, the market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. Europe, Middle East & Africa is is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.

Key Attributes:

Report AttributeDetails
No. of Pages195
Forecast Period2023 - 2030
Estimated Market Value (USD) in 2023$2.63 Billion
Forecasted Market Value (USD) by 2030$4.36 Billion
Compound Annual Growth Rate7.1%
Regions CoveredGlobal

For more information about this report visit https://www.researchandmarkets.com/r/u54tvr

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Global Minimally Invasive Thoracic Surgery Market

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