Global Lung Cancer Surgery Market Analysis and Forecasts 2017 to 2024 According to New Research Study

The Global Lung Cancer Surgery Market accounted to USD 22.0 billion in 2016 growing at a CAGR of 7.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Lung Cancer Surgery Market By Devices (Surgical Instruments {RIB Shears, Hand Instruments, Forceps, Staplers, Retractors, Trocar, Cutters, Scissors, Clamps, Elevators}, Monitoring & Visualizing Systems {Endoscopic Trocars,Cameras & Video Support, Endosurgical Equipment}), Surgeries (Lobectomy, Percutaneous Surgery, Segmentectomy, Robotic Surgery, Pneumonectomy & Sleeve Resection), Geography – Industry Trends and Forecast to 2024

Competitive Landscape: 

The global lung cancer surgery market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares oflung cancer surgery market for global, Europe, North America, Asia Pacific and South America.

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TOP Competitors of Market:

Some of the major players operating in global lung cancer surgery market are Olympus Corporation, Ethicon US LLC, Accuray Incorporated, BSD Medical Corp., Covidien,Ackermann Instrumente GmbH, Richard Wolf GMBH, Neomend Inc., Philips, Siemens Healthcare, AngioDynamics Inc., Intuitive Surgical Inc., Teleflex Inc., KARL STORZ GmbH, Scanlan International Inc. and Trokamed GmbH among others

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Market Defination:-

Lung cancer hinders the important system of respiration, which makes breathing very troublesome. Lung cancer is one of the most frequently diagnosed cancers. The major causes of the cancer are deformity occurring in either the lungs or the bronchi (the air tubes leading to the lungs). Regular smokers are at a higher risk for the disease, and females who smoke are even more prone for the lung cancer than their male partner. But lung cancer can also be diagnosed in individuals who do not smoke at all.

Major Market Drivers:

  • Growing elderly population
  • Rising number of awareness about early detection of cancer
  • High expenses of lung cancer surgeries
  • Unexploited growing markets
  • Entry Obstructions for latest competitors
  • Dearth of Oncologists

 Market Segmentation: 

By device :- Surgical instruments (RIB shears, hand instruments, forceps, staplers, retractors, trocar, cutters, scissors, clamps, elevators and other hand instruments), monitoring and visualizing systems (endoscopic trocars,cameras & video support, and endosurgical equipment).

On the basis of surgeries:- Lobectomy, percutaneous surgery, segmentectomy, robotic surgery, pneumonectomy, and sleeve resection.

On the basis of geography:- North America & South America, Europe, Asia-Pacific, and Middle East & Africa. U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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