The Lung Cancer Surgery Market report has been consolidated using three research methodologies. The first step centers around exhaustive primary and secondary researches, which includes extensive collection of information on the Global Industrial Wood Coating Market and the parent and peer market. The next step involves validating the market size, estimations, findings, and assumptions with further accurate information from industry experts. The report obtains a complete estimation of the market size with the help of bottom-up and top-down approaches.
Lung cancer surgery market is expected to gain significant market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.5% in the forecast period of 2022 to 2029 and is expected to reach USD 5,092.07 million by 2029.
Definition
Depending on the kind, location and stage of their lung cancer as well as any other medical issues, certain people may be candidates for lung cancer surgery. This kind of surgery is used to treat lung cancer. It involves removing the tumour, some lung tissue around it and frequently some lymph nodes as well. When lung cancer is limited and not anticipated to have spread, surgery to remove the tumour is thought to be the best option. This includes carcinoid tumours and non-small cell lung cancer in its early stages.
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Key Growth Drivers:
- Increased Prevalence Of Lung Cancer Diseases
Lung cancer is the most common leading cause of death in men and women globally. The incidence and mortality from lung cancer increasing globally due to the commencement of the tobacco epidemic in various countries and populations in the developing world. Lung cancer, including trachea and bronchus cancer, is widely regarded as a threat to global health, causing a heavy burden on individuals and families. Lung cancer is a malignant tumor characterized by the uncontrolled growth of cell tissues in the lung. It is the second most commonly diagnosed and has the highest mortality rate of all cancers in both men and women. According to the GLOBOCAN, Lung cancer is the most common malignancy diagnosed worldwide, with an age-standardized incidence rate of 22.5 per 100,000 person-years. Men have a higher chance of developing lung cancer than women. However, since the middle of the 1990s, male patient incidence rates have decreased in most developed countries, while female patient incidence rates have steadily grown.
- Technological Advancement In The Field Of Healthcare
Technology advancement are of immense importance in the surgery of lung cancer. The importance of technological advancement has now taken almost every aspect of our lives. However, the most significant benefits are due to technological advances in health care. By developing new methodologies for treatment, the health system's technology becomes more effective. Recent technological advances have saved millions of lives and increased the quality of life.
In the people of all ages lung cancer is a well-known and prevalent disorder. The cutting –edge technology helps in providing better options for screening the disease. Thus, introduction of technological advanced products for the treatment of lung cancer acts as a driver for the growth of the market
- Increased Awareness Regarding The Benefits
The growing awareness programs of lung cancer by non-profit, private and public organization is leveraging to boost the market growth. These initiatives aim to reducing stigma and prejudice, prevent diseases and promoting research.
The above statement show that awareness among the population regarding lung cancer has increased as there are many awareness programs by different organizations, people know about lung cancer that can be cured if diagnosed at early stages. Thus, raising awareness among populations is acting as a driver for the global lung cancer surgery market.
The report emphasizes the participation of key entities, notably:
- AngioDynamics
- Ackermann
- Scanlan International
- KLS Martin Group
- Wexler Surgical
- Lepu Medical Technology (Beijing) Co., Ltd.
- Intuitive Surgical
- FusionKraft
- Surgical Holdings
- GerMedUSA
- Medtronic
- Accuray Incorporated
- Teleflex Incorporated
- KARL STORZ SE & Co. KG
- TROKAMED GmbH
- Richard Wolf GmbH
- Sontec Instruments, Inc.
- asap endoscopic products GmbH
- FUJIFILM Holdings America Corporation
- Ambu A/S.
- Johnson & Johnson Services, Inc.
- Olympus Corporation
Major Points in the Report
- Understanding the entirety of the lung cancer surgery marketlandscape thoroughly.
- Exploring the leading entities in this sector, delving into their range of products and core approaches.
- Examining the prominent geographical areas where lung cancer surgery marketdemonstrates significant growth.
- Keeping abreast of the latest shifts and advancements within the industry.
- Identifying specific areas or markets with high potential and promising expansion opportunities.
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Key Market Segmentation
By Product Type (Surgical Instruments, Monitoring & Visualizing System, Endosurgical Equipment, Robotic-Assisted Thoracic Surgery Systems And Others), Surgical Procedure (Thoracotomy And Minimally Invasive Surgery), Patient Type (Male And Female), End User (Hospitals, Ambulatory Surgical Centres, Academic & Research Laboratories, Speciality Cancer Care Centres And Others), Distribution Channel (Direct Tender, Retail Sales, Online Sales and Others)
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