Lung cancer Surgery Market Report, Size 2021 by Top Countries Data, Industry Analysis by Regions, Revenue, Share, Development, Tendencies and Forecast to 2027

The Global Lung Cancer Surgery Market is expected to reach market valuation of ~US$ 40 billion by 2027 expanding at a significant CAGR of 6% during the forecast period (2021-2027) from ~US$ 25 billion in 2019. Growing prevalence of life-threatening Cancer diseases to drive the market. In the US, lung cancer strikes 225,000 people every year, and accounts for US$12 billion in health care costs each year.

As per World Health Organization (WHO), Cancer is the second-leading cause of death worldwide, accounting for more than 10 million deaths in 2020. The rise in cancer occurrence at global scale also shows an increasing inclination for the prevalence of lung cancers globally. In these circumstances characterized by encouraging funding background and efficient treatment options, the rising incidence and incidence of cancer are probable to increase the number of patients opting for lung cancer surgery in the coming years. This is one of the major factors driving the growth and demand lung cancer surgery. In addition, about 19.3 million new cases were reported in 2020.

Download Free Sample of this Report - https://univdatos.com/get-a-free-sample-form-php/?product_id=6611

Globally, about 1 in 6 deaths happen due to cancer. The operations for lung cancer surgery invite considerable expenditure from government/indemnity providers and extra costs paid by the patient itself. The hefty costs for treating lung cancers have created a considerable load on the governments as well as for cancer patients. Considering these elevated costs, in-spite of the existence of a large patient pool, a limited number of patients opt for surgical interventions to treat their condition. These are the primary factors hampering the growth of the market.

Covid-19 Impact on the Market
An early study of the US market shows that recently diagnosed metastatic non-small-cell lung cancer patient volumes have decreased over 30% from February 2020 to March 2020. The number of cancer test and analytical procedures decreased sharply, with countries across the globe being severely affected by the pandemic. This also unconstructively impacted rate as well as number of surgeries that have proven useful to the patients.

Request To Download Sample of this Strategic Report - https://univdatos.com/get-a-free-sample-form-php/?product_id=6611

Based on devices, the lung cancer surgery market is segmented into surgical devices, monitoring devices, and endo-surgical devices. In 2020, the surgical instruments segment accounted for the largest market share. The rising prevalence and incidence of lung cancer, rising government support and funding and the increasing adoption of surgical procedures for lung cancer treatment are the factors driving the market growth. Based on surgery, the lung market is bifurcated into thoracotomy and minimally invasive surgeries. In 2020, the thoracotomy segment accounted the bigger share of the lung cancer surgery market. Minimally invasive surgeries segment is probable to grow at the highest throughout the forecast period. The growing adoption of minimally invasive techniques, increasing technological developments, accessibility of reimbursement policies, and the increasing development of robotic surgeries are the factors driving the growth of this market segment.

Request for Sample of the report browse through - https://univdatos.com/get-a-free-sample-form-php/?product_id=6611

For better understanding of the overall adoption and penetration of lung cancer surgery, the report provides detailed analysis of major regions including North America (US, Canada, Rest of North America), Europe (Germany, France, UK, Spain, Italy, Rest of Europe), Asia Pacific (China, Japan, India, Australia, Rest of APAC) and Rest of the World. As per WHO, around 1,824,701 deaths occur due lung cancer annually, this accounts for only 13% of lung cancer diagnosed cases. In 2020, North America accounted for the largest market share of X% in 2020. The large share can be credited to growing technological developments in lung cancer treatment, escalating frequency and occurrence of lung cancer, rising trend of smoking toba-cco, increasing focus on early analysis and treatment of cancers, and the accessibility of reimbursement. Leading players included in the report are Accuracy Incorporated, GE Healthcare, Johnson and Johnson, and Olympus Corporation.

Global Lung Cancer Surgery Market Segmentation
Market Insights, by Surgery
• Thoracotomy
o Lobectomy
o Sleeve Resection
o Segmentectomy
o Pnuemenectomy
• Minimally Invasive Surgeries

Market Insights, by Devices
• Surgical Devices
• Monitoring Devices
• Endo-surgical Devices

Market Insights, by Region
• North America Lung Cancer Surgery Market
o United States
o Canada
o Rest of North America
• Europe Lung Cancer Surgery Market
o United Kingdom
o Germany
o France
o Spain
o Italy
o Rest of Europe
• Asia-Pacific Lung Cancer Surgery Market
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
• Rest of World Lung Cancer Surgery Market

Top Company Profiles
• Accuracy Incorporated
• GE Healthcare
• Johnson and Johnson
• Olympus Corporation
• Siemens Healthineers AG
• Ethicon Inc.
• Medtronic Plc
• KARL STORZ GmbH
• Covidien PLC

Final Report will add the analysis of the impact of COVID-19 on this industry.”
In the highly import dependent Indian medical devices market, a large number of indigenous manufacturers of syringes & needles have managed to come up. However, it does not mean that imports are low for this market. Imports, as in the case with other medical devices, are quite high but the domestic manufacturers have been able to tap foreign markets through increasing exports. The target base of consumers is growing steadily which is expected to significantly boost sales in the market.

The report provides a snapshot of the syringes & needles market. It begins with the introduction section which mentions the features and uses of syringes & needles along with a brief description of the various phases in their development. The market overview section provides an insight into the market and highlights the market size. Import and export figures for syringes & needles, both in terms of volume and value have been provided in the next section. It also includes the regional break-up of the imports and exports.

An analysis of the drivers explains the factors leading to the growth of the market which include increasing need of insulin doses, increasing demand for vaccines, improving health infrastructure, growing incidence of diseases, changing demographics and health check-up packages. Some of the major challenges to the market are illegal recycling of syringes & needles and problems associated with usage. Government legislation in the market has been discussed in the next section.

The competition section highlights the features of the major players operating in the market. A brief profile of the major domestic and foreign players in the market along with their financials has been included in this section.

For more informative information, please visit us – https://univdatos.com/report/lung-cancer-surgery-market/

A section providing strategic recommendations has been given at the end of the report which gives effective solutions to existing and potential players for improving market share and increasing profitability. The Market report answers the following questions:

What is the aim of the report?
• The market report presents the estimated market size of Lung Cancer Surgery Market by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
• Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
• An overview of the Market based on geographical scope, market segmentation and financial performance of key players is presented in the report.
• The report presents current trends in the industry and future scope of the Market in North America, Asia Pacific, Europe, Latin America and Middle East and Africa.
• The various parameters accelerating the growth of Market are incorporated in the research report.
• The report analyzes growth rate, market size and valuation of the Market during the forecast period.

What aspects regarding the regional analysis Market are included in this report?
• Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
• The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
• The growth rate of the market in every region, including their countries over the forecast period is included in the market report.
• Based on what factors are the key market players assessed in this report?
• The report offers detailed analysis of leading companies in the market across the globe.
• It provides details of the major vendors involved in the Market including Key Players
• A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and
• the manufactured products is incorporated in the report.
• The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
• The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

What is the key information extracted from the report?
• Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
• The report offers the present scenario and future growth prospects Market in various geographical regions.
• The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
• The SWOT analysis is conducted along with Porter's Five Force analysis.
• The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

Contact us:
UnivDatos Market Insights (UMI)
Email: sales@univdatos.com
Web: https://univdatos.com
Ph: +91 7838604911

About Us:
UnivDatos Market Insights (UMI), is a passionate market research firm and a subsidiary of Universal Data Solutions. Rigorous secondary and primary research on the market is our USP, hence information presented in our reports is based on facts and realistic assumptions. We have worked with 200+ global clients, including some of the fortune 500 companies. Our clientele praises us for quality of insights, In-depth analysis, custom research abilities and detailed market segmentation.

This release was published on openPR.