The report assesses the historical data and current scenario to offer accurate estimations of the Lung Cancer Surgery Market in the coming years. Furthermore, the report provides a comprehensive analysis of the impact of the COVID-19 crisis on the market. It offers detailed insights into the impact of COVID-19 on the industry at a regional level and industry level. The report also covers the developments and government regulations related to COVID-19. The report further analyzes the current and future impact of COVID-19 on the global market and provides an insight into the post-COVID-19 situation.
The global lung cancer surgery market size was USD 5.72 Billion in 2021 and is expected to register a revenue CAGR of 2.8% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of lung cancer due to sedentary lifestyle is a major factor driving market revenue growth. The most common cancer that results in mortality globally is lung cancer. In the U.S., an estimated 236,740 people were diagnosed with lung cancer in 2022. 3.08 million middle and high school children use at least one tobacco product, including e-cigarettes, while almost 40 million American adults still smoke cigarettes. The U.S. spends about USD 225 billion annually on medical treatment to cure diseases brought on by adult smoking.
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Key participants include Accuray Incorporated, General Electric Company, Johnson and Johnson Services, Inc., Siemens Healthcare GmbH, Olympus Corporation, Teleflex Incorporated, B. Braun SE, Medtronic plc, AngioDynamics, Inc., and FUJIFILM Holdings Corporation.
The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
Covid 19 impact analysis:
The current COVID-19 pandemic is expected to have an effect on the growth of the Lung Cancer Surgery Market majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry.
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Emergen Research has segmented the global lung cancer surgery market based on device, surgery type, end-use, and region:
· Device Outlook (Revenue, USD Billion; 2019-2030)
- Surgical Instruments
- Monitoring Devices
- Endoscopic Instruments
· Surgery Type Outlook (Revenue, USD Billion; 2019-2030)
- Minimally Invasive Surgeries
· End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Cancer Hospitals
- Ambulatory Surgical Centers
Key regions in the market include:
Rest of EU
Rest of APAC
Rest of Latin America
Middle East & Africa
Rest of MEA
Key Benefits of the Report:
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Extensive assessment of current and emerging trends of the market
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Lung Cancer Surgery Market
Detailed regional analysis and extensive company profiling
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.