The Global Lung Cancer Surgery Market is projected to experience significant growth at a high CAGR during the forecast period (2024-2031).
Lung cancer is a severe malignancy characterized by uncontrolled cell growth in lung tissues. Diagnosis of lung cancer typically involves a biopsy, which can be performed using techniques such as CT-guided biopsy or bronchoscopy. Surgical treatment for lung cancer involves the removal of cancerous tissue from the lung. The choice of surgical procedure depends on factors such as the tumor's size and its location within the lung.
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Market Trends:
The increasing incidence of lung cancer, partly driven by rising air pollution, is significantly impacting the lung cancer surgery market. Air pollution is a major factor contributing to the growth of this market. According to Vital Strategies Environmental Health Division (2018), among the 4.2 million premature deaths associated with air pollution, approximately 1.7 million are attributed to lung cancer and respiratory diseases. The WHO notes that ultra-fine particulate matter, particularly in countries like India, where 16 of the world's 30 most polluted cities are located, contributes to elevated cancer risks.
Lung cancer comprises about 7.0% of all new cancer cases and accounts for nearly 9.0% of cancer-related deaths. The two primary types of lung cancer are non-small-cell lung carcinoma (NSCLC) and small-cell lung carcinoma (SCLC). The WHO's International Agency for Research on Cancer recognizes outdoor air pollution as a carcinogen, which correlates with the rising lung cancer rates. Consequently, the increase in lung cancer cases due to air pollution is expected to drive growth in the lung cancer surgery market.
Market Segmentation:
By Surgical Devices: Surgical Instruments, Hand Instruments, Monitoring, and Visualizing Systems.
By Surgical Procedures: Thoracotomy, Lobectomy, Sleeve Resection, Segmentectomy, Pneumonectomy, Minimally Invasive Surgeries.
By End User: Hospitals, Clinics, Ambulatory Surgical Centers.
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Major Key Players:
Ethicon US LLC
Intutive Surgical Inc
Olympus Corporation
Accuray Inc
AngioDynamics Inc
Teleflex Inc.
Shanghai Ezisurg Medical
Shanghai Bojin Medical Instrument Co., Ltd.
Taizhou Rich Medical Products Co. Ltd.
Zhejiang Honsun Medical Technology Co., Ltd
Product Portfolio: The company provides a range of products, including systems, software, instruments, stapling devices, and various other surgical items.
Regional Analysis:
The global Lung Cancer Surgery Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter’s five force analysis. The Lung Cancer Surgery Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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