Product ID: UCMIG35A2429
Minimally Invasive Thoracic Surgery Market Size, Share, Growth Analysis, By Type Outlook Lobectomy(Wedge Resection, Pneumonectomy), By Regional(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG35A2429 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Minimally Invasive Thoracic Surgery Market Insights
Market Overview:
The global market for minimally invasive thoracic surgery was valued at USD 2.3 billion in 2020 and is predicted to increase at an 8.7% CAGR from 2021 to 2028. This can be linked to an increasing number of chronic diseases like lung cancer, which necessitates better, faster, and more client-friendly diagnostics and therapeutic facilities, a growing preference for procedures that are minimally invasive, and technology improvements that match patient needs. According to the American Cancer Society's cancer statistics for 2021, around 235,760 new cases of cancer of the lungs were detected. Cancer of the lungs accounts for 20% of all cancer-related deaths globally and is avoidable due to surgical advancements, which are likely to increase demand for less invasive thoracic surgery.
Minimally Invasive Thoracic Surgery Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Minimally Invasive Thoracic Surgery Market Report Snapshots
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