Market Data Forecast

Market Data Forecast Says Lung Cancer Surgery Market Worth 30.88 Billion USD by 2021

Rising pollution levels and increasing number of cigarette smokers are some of the major factors driving the market.


Hyderabad, India -- (SBWIRE) -- 03/16/2018 -- The report "Lung Cancer Surgery Market by Procedure (Thoracotomy (Lobectomy, Pneumonectomy, Sleeve Resection, Segmentectomy), Minimally Invasive), Device (Surgical (Clamps, Forceps, Retractors, Staplers, Cutters, Scissors, Elevators, RIB Sheers, Trocars), Monitoring (Cameras & Video Support), Visualizing systems (Endoscopic Trocars with optical views, Endo surgical Equipment) - Forecast to 2021", The Lung Cancer Surgery market is expected to reach USD 30.88 Billion by 2021 from an estimated USD 24.71 Billion in 2016, at a CAGR of 7.2%. The key factors such as rising pollutants tiers, growing variety of cigarette smokers, rising prevalence and incidence of Lung most cancers and rising geriatric population driving the growth of this market.

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On the idea of device, the lung most cancers surgical operation marketplace is segmented into surgical units, monitoring and visualizing structures, and endosurgical gadgets. In 2016, the surgical units segment is anticipated to account for the largest proportion of the marketplace owing to growing prevalence of lung cancer across the globe and increase inside the range of lung cancer surgical methods carried out. In keeping with GLOBOCAN, in 2012, the global prevalence of lung cancer turned into round 1.eight Million and this discern is predicted to attain 2.2 Million through 2020. Inside the U.S., the prevalence of lung most cancers is estimated at 224,390 in 2016 (supply: American Cancer Society). In line with cancer research, cigarette smoking, publicity to radon gas, and low immunity are a number of the main hazard elements for lung cancer.

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On the idea of technique, the lung cancer surgical operation marketplace is segmented into thoracotomy and minimally invasive surgeries segment. The thoracotomy section, in addition, labelled into lobectomy, segmentectomy, sleeve resection and pneumonectomy. The thoracotomy phase is expected to account for the largest share of the lung most cancers surgical methods marketplace in 2016. This large percentage can be attributed to increasing technological advancements in lung most cancers remedy
North America dominated the market in 2016

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North America accounted for the largest share of the Lung Cancer Surgery market in 2016. The large share of the North American Lung Cancer Surgery market can be attributed to the growth in increasing reimbursements for surgeries, and technological advancement in this field has promoted Lung Cancer Surgery research market.

The various players in the Lung Cancer Surgery market include Ethicon US LLC, Intuitive Surgical Inc., Olympus Corporation, Accuray Inc., AngioDynamics Inc., Teleflex Inc., KARL STORZ GmbH, Ackermann Instrumente GmbH, Scanlan International Inc., and Trokamed GmbH among others.

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