Global Lung Cancer Surgery Market 2021 Indepth Study Including COVID 19 Update with of Top Key Players Profile
“Global Lung Cancer Surgery Market–Industry Trends and Forecast to 2028” New Research Report Added to Databridgemarketresearch.com database. The report width of pages: 350 Figures: 60 And Tables: 220 in it. Global Lung Cancer Surgery Market describes complete industry Outlook with in-depth analysis. This report also includes the complete analysis of each segment in terms of opportunity, market attractiveness index and growth rate, top players and new comers in industry, competitive landscape, sales, price, revenue, gross margin, market share, market risks, opportunities, market barriers, and challenges. key statistics on the market status. Which give the clear idea about the product differentiation and an understanding of competitive landscape Globally.
Global Lung Cancer Surgery Market Research report comprises of a brief summary on the trends and tendency that may help the key market players functioning in the industry to understand the market and strategize for his or her Organization expansion for this reason. This statistical surveying report examines the entire market size, market share, key segments, growth, key drivers, CAGR, historic data, present market trends And End User Demand, environment, technological innovation, upcoming technologies and the technical progress in the industry.
The Global Lung Cancer Surgery Market is registering a substantial CAGR of 8.50% in the forecast period of 2019-2026. This rise in the market can be attributed to the surge in the incidences of lung cancer across the globe. There is a massive rise in the statistics of smokers globally. The advent of new technology and the increase in the awareness levels of the general population is driving the growth of this market.
Global Lung Cancer Surgery Market By Type (Surgical Instruments, Monitoring & Visualizing Systems), Procedure (Robotic Surgery, Thoracotomy, Lobectomy, Sleeve Resection, Endobronchial Surgery, Pneumonectomy, Percutaneous Surgery, Segmentectomy, Minimally Invasive Surgeries), Treatment (Hospitals, Clinics, Ambulatory Surgical Centers, Research Laboratories), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
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Key Market Competitors:
Few of the major market competitors currently working in the global lung cancer surgery market are Accuray Incorporated, Ethicon US LLC, Intuitive Surgical, AngioDynamics, Olympus Corporation, KARL STORZ SE & Co. KG, Scanlan International, TROKAMED GmbH, Pfizer Inc., F.Hoffmann-La Roche Ltd., Genentech Inc., Boehringer Ingelheim International GmbH, Abbott, Boston Scientific Corporation, Koninklijke Philips N.V., B. Braun Melsungen AG, Smith & Nephew, Medtronic, Richard Wolf GmbH, BD, Baxter, General Electric and others
Market Definition: Global Lung Cancer Surgery Market
Lung cancer is a type of cancer that starts in the lungs where in the initial tumors develops and a person experiences a problem in breathing. It is the most detected cancer among the global population. Tobacco smoking, exposure to secondhand smoke, radon gas and asbestos are the leading causes of lung cancer. A surgical method or procedure is followed for the removal of tumor. Some people experience pain and complications after the surgery but it usually controlled by the medication. There are generally two types of lung cancer; small cell lung cancer and non-small cell lung cancer.
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 of lung cancer surgery market for global, Europe, North America, Asia Pacific and South America.
Market Drivers
- Due to technological advancement and upgradation in lung cancer treatment there is a rise in the market growth
- With increase in the number of incidences and prevalence of lung cancer globally the market growth is enhancing
- With the rise in the geriatric population also boosts the market growth
- High awareness levels among the general population about cancer treatment is driving the market growth
- Increasing pollution levels of cigarette smokers globally can drive the market growth
- With an increase in government funding for research & development of new drugs and treatment procedures the market is also showing positive growth
Market Restraints
- High cost of lung cancer surgery is restraining the market growth
- Lack of skilled personnel’s for lung cancer treatment is propelling the market growth
- Lack of infrastructure and proper healthcare facilities is hampering the growth of this market
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Key Developments in the Market:
- In March 2019, Intuitive Surgical declared that they have received clearance for the da Vinci SP surgical system, for use in certain transoral otolaryngology procedures in adults. The FDA cleared the single port approach for lateral oropharyngectomy procedures and tongue based resection. This technology will enable the invasive experience for complex procedures
- In February 2019, Intuitive Surgical, a global leader, proclaimed that the US Food & Drug Administration cleared the ION endoluminal system to enable minimally invasive biopsy in the peripheral lung. The main aim of Intuitive Surgical is to create plans to begin customer shipments in the second quarter. The Flexible robotic catheter helps the doctors and surgeons to reach the nodules in the peripheral lung. The ION system uses an articulating catheter that can move 180 degrees in all directions which helps the surgeon to reach the accurate location
- In May 2016, Accuray Incorporated came into collaboration with MedPhoto GmbH so as to integrate its imagingRing volumetric image guidance system into Accuracy Cyberknife radiosurgery system. The system provides a variety of imaging capabilities comprising of the large field-of-view cone beam CT. This would enhance & increase the overall productivity. This collaboration will provide innovative solutions improving the lives of cancer patient
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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