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Lung Cancer Surgery Market, by North America (U.S., Canada), by Europe (UK, Germany, France, Italy, Spain, Russia), by Asia Pacific (China, India, Japan, South Korea, Australia), by Latin America (Brazil, Mexico), by MEA (UAE, Saudi Arabia, South Africa) Forecast 2025-2033
The size of the Lung Cancer Surgery market was valued at USD XXX Million in 2024 and is projected to reach USD XXX Million by 2033, with an expected CAGR of XXX% during the forecast period.Lung cancer surgery involves the removal of cancerous tissue that is found within the lungs. The scope may be to remove part or the whole lobe of the lung, even up to complete removal of a lung, and then lymph nodes in the chest. It is an important treatment for early-stage lung cancer and significantly improves survival rates. The lung cancer surgery market represents a variety of procedures that include surgical interventions, medical devices, and technologies used in diagnosing and treating lung cancer.
The market is moderately concentrated with several prominent players, including AngioDynamics Inc., Ethicon US, LLC (Johnson & Johnson), Intuitive Surgical, and Teleflex Incorporated. Key characteristics include a focus on innovation and product development, strict regulatory requirements, and a high level of end-user concentration.
Key trends shaping the market include:
North America and Europe are expected to dominate the market, accounting for a significant share due to well-developed healthcare systems, high prevalence of lung cancer, and rapid adoption of advanced surgical technologies. The major segment by procedure type is thoracotomy, followed by lobectomy, and segmentectomy.
The market consists of various products such as surgical instruments, visualization systems, electrosurgical devices, and sutures. Surgical instruments dominate the market, accounting for over 50% of the revenue share.
The market size was valued at USD 13.5 billion in 2023 and is projected to reach USD 20.1 billion by 2030, with a CAGR of 5.2%. North America holds the largest market share, followed by Europe and Asia Pacific.
1. North America
2. Europe
3. Asia Pacific
4. Latin America
5. MEA
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of % from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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