Lung Cancer Surgery Market

Lung Cancer Surgery Market Size Survey Report – In a Glance

As per the survey report on global Lung Cancer Surgery market, the market is projected to foresee a CAGR of CAGR value 4.7% between 2024-2033, and further generate a market size of USD 9.3 revenue billion by the end of 2033. In the year 2023, the market size was valued at USD 7.2 revenue billion.

• The global Lung Cancer Surgery market is projected to grow on account of the increasing prevalence of lung cancer.
• In Japan, the Lung Cancer Surgery market growth can be attributed to the country’s long-standing smoking culture.
• KDMI analyst’s growth analysis foresees advanced stage diagnosis among patients to challenge the market growth.
• North America, having the highest market share in the Lung Cancer Surgery market, is projected to dominate the global market.

Lung Cancer Surgery Market Analysis

Based on reports and statistics, irrespective of gender, lung cancer is the second most frequently identified cancer and the predominant cause of cancer death. In 2020, it led to more deaths than other type of cancers which unfairly targets the financially vulnerable population. There were 654,620 men and women in the US with a history of lung cancer by January 1, 2022, and 12 many of them were living with metastatic disease.

In recent years, people are pouring millions of dollars into advanced healthcare technologies due to their associated benefits like quicker recovery times, improved results, and reduced pain. Hence, the lung cancer surgery market is seeing its growth worldwide due to the rising number of lung cancer patients and growing innovations in healthcare and surgery techniques. Germed USA Inc., Teleflex Incorporated, and B. Braun Melsungen AG are some of the significant parties in the global market for Lung Cancer Surgery.

Analyst’s Observation on Japan Lung Cancer Surgery Market Survey

In Japan, the market growth for Lung Cancer Surgery can be attributed to the country’s long-standing smoking culture. As cited in the World Bank and WHO reports, 18.6 million Japanese individuals in the age group 15 and above were consuming tobacco in 2022, listing Japan among the leading global consumers of tobacco and ranking it third in lung cancer occurrence. Furthermore, 18.9 % of adults in Japan were consistent smokers, 12.4% were consuming heated tobacco products (HTPs) and 7.4% were involved in dual usage, ultimately pushing the lung cancer surgery market upwards in Japan. Amoy Diagnostics Co. Ltd., Medtronic plc., and Olympus Corporation are some of the significant parties in the market for Lung Cancer Surgery in Japan.

Lung Cancer Surgery Market Growth Drivers

Growth Driver

Growing technological advancements:

Innovations and advancements in technology are of utmost importance in the field of surgery nowadays and provide notable benefits in the healthcare sector, making it an important growth driver of the lung cancer surgery market. The Global Innovation Index 2023, by the World Intellectual Property Organization (WIPO) has classified the 15 countries based on science, technology, and innovation, in which Switzerland holds the topmost position for the thirteenth consecutive year. UK holds 3rd rank for its market expertise, Israel holds 5th rank for research and technology outcomes and Japan has become the top 3 country for patent applications in Asia.

Lung Cancer Surgery Market Segmentation

Our experts at KD Market Insights have segmented the global Lung Cancer Surgery market research report as:

Lung Cancer Surgery Market Regional Synopsis

The North America Lung Cancer Surgery market is majorly driven by the rising number of individuals suffering from lung cancer, enhanced awareness, and the increasing senior population in the country. Findings of the American Cancer Society state that in 2020, near about 228,820 fresh lung cancer cases and 135,720 deaths were registered in the United States. Additionally, it was estimated that 125,070 people lost the battle with lung cancer in the United States, in 2024.

As per our analysts at KD Market Insights, the following five players lead the North America Lung Cancer Surgery market growth:

• Surgical Holdings
• GerMedUSA
• Medtronic
• Accuray Incorporated
• Teleflex Incorporated

Lung Cancer Surgery Market Competitive Landscape

Some of the key players who top the global Lung Cancer Surgery market share:

• Asap Endoscopic Products
• Ethicon Inc. (J & J)
• Medtronic Plc.
• Germed USA Inc.
• Teleflex Incorporated
• B. Braun Melsungen AG
• Karl Storz
• Richard Wolf
• Olympus Medical Systems Corp
• Intuitive Surgical Inc.
• PENTAX Medical Company
• FUJIFILM Holdings Corporation

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Lung Cancer Surgery Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Product type
      2. By Surgical procedure
      3. By Patient type
      4. By End-user
      5. By distribution channel
      6.  By Region
5. Market Segmentation by Product type
   1. 1. Surgical Instrument
      2.  Monitoring & Visualizing System
      3. Endosurgical Equipment
      4. Robotic-Assisted Thoracic Surgery Systems
      5. Others
6. Market Segmentation by Surgical procedure
   1. 1. Thoracotomy
      2. Minimally Invasive Surgery
7.  Market Segmentation by Patient type
   1. 1. Male
      2. Female
8. Market Segmentation by End-user
   1. 1. Hospitals
      2. Ambulatory Surgical Centres
      3. Academic & Research Laboratories
      4. Speciality Cancer Care Centres
      5. Others
9. Market Segmentation by Distribution channel
   1. 1. Direct Tender
      2. Retail Sales
      3. Online Sales
      4. Others
10. Regional Analysis
    1. North America
       1. United States
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       2. Canada
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       3. Mexico
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
    2. Europe
       1. United Kingdom
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       2. Germany
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       3. France
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       4. Italy
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       5. Spain
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       6. Rest of Europe
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
    3. Asia Pacific
       1. China
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       2. Japan
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       3. India
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       4. Australia
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
          4. South Korea
          5. Market Size and Forecast
          6. Key Trends and Developments
          7. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       5. Rest of Asia Pacific
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
    4. Latin America
       1. Brazil
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       2. Argentina
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       3. Colombia
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       4. Rest of Latin America
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
    5. Middle East & Africa
       1. South Africa
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       2. Saudi Arabia
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       3. UAE
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
       4. Rest of Middle East & Africa
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Product type, Surgical procedure, Patient type, End-user and distribution channel
11. Competitive Landscape
    1. Market Share Analysis
    2. Company Profiles
    3. Medtronic (Ireland)
    4. IBM
    5. Apple Inc.
    6. Siemens Medical Solutions
    7. Pepperl+Fuchs
    8. Cisco
    9. GE Healthcare
12. Strategic Recommendations
13. Appendix
    1. List of Tables
    2. List of Figures
14. References