The Lung Cancer Surgery Market report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Lung Cancer Surgery Market. It provides a comprehensive evaluation of the global Lung Cancer Surgery Market from various perspectives to deliver a detailed, informative, and precise analysis of regional growth, competition, and market segmentation, among other factors. Moreover, it also gives an accurate account of the significant breakthroughs and developments that influence the global Lung Cancer Surgery Market. It also focuses on both the global as well as the regional expansion of the Lung Cancer Surgery industry to give an overall analysis.
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.
In addition, technological advancements in surgical instruments is another key factor driving market revenue growth. For instance, in December 2020, India Medtronic Private Limited, a wholly-owned subsidiary of Medtronic plc., announced the release of EEA Circular Stapler with Tri-Staple Technology, the world's first 3-row Circular Stapler with variable height staples. This technology has a sloping cartridge face that reduces tissue stress, provides constant efficacy over a wide variety of tissue thicknesses, and enables better perfusion into the staple line.
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Key market aspects studied in the report:
Report Objective:
The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Lung Cancer Surgery market.
The leading market contenders listed in the report are:
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
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This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Geographical Segmentation:
The latest research report entails an in-depth analysis of the current growth opportunities for various regions of the Lung Cancer Surgery Market, gauging their revenue share over the forecast timeline. Furthermore, the report analyses the year-on-year growth rate of these regions over the forecast duration. The leading market regions profiled in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Key reasons to buy the Global Lung Cancer Surgery Market report:
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