Global Minimally Invasive Thoracic Surgery Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Lobectomy, Wedge Resection, Pneumonectomy, and Others.

By Devices;

Rigid Endoscopes and Flexible Endoscopes.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn539995872 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Minimally Invasive Thoracic Surgery Market (USD Million), 2020 - 2030

In the year 2023, the Global Minimally Invasive Thoracic Surgery Market was valued at USD 3,624.22 million. The size of this market is expected to increase to USD 6,498.63 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 8.7%.

The global minimally invasive thoracic surgery market represents a transformative approach to treating a spectrum of thoracic conditions with enhanced precision, reduced trauma, and quicker recovery times. Thoracic surgery encompasses procedures involving the chest cavity, lungs, esophagus, and other thoracic organs, including lung resections, mediastinal tumor excisions, esophagectomies, and thoracic sympathectomies. Minimally invasive techniques, such as video-assisted thoracoscopic surgery (VATS) and robotic-assisted thoracic surgery (RATS), have revolutionized the field by enabling surgeons to perform complex thoracic procedures through small incisions, aided by advanced imaging and robotic technology.

The global minimally invasive thoracic surgery market is the increasing adoption of minimally invasive techniques over traditional open surgeries due to their numerous advantages. Minimally invasive thoracic surgeries offer patients reduced postoperative pain, shorter hospital stays, faster recovery times, and improved cosmetic outcomes compared to conventional open approaches. These benefits contribute to enhanced patient satisfaction, reduced healthcare costs, and improved overall quality of care. Moreover, minimally invasive techniques are associated with lower rates of complications such as wound infections, blood loss, and respiratory complications, making them particularly attractive options for high-risk patients and those with comorbidities.

Technological advancements and innovations in minimally invasive thoracic surgery continue to drive market growth and expand the scope of procedures that can be performed using minimally invasive techniques. The integration of advanced imaging modalities, such as high-definition cameras and intraoperative navigation systems, enables surgeons to visualize and access thoracic structures with greater clarity and precision. Robotic-assisted thoracic surgery systems offer surgeons enhanced dexterity, ergonomics, and control, allowing for more intricate and complex procedures with improved outcomes. As a result, the global minimally invasive thoracic surgery market is poised for continued growth, driven by advancements in technology, increasing surgeon expertise, and expanding indications for minimally invasive approaches in thoracic surgery.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Devices
    3. Market Snapshot, By Region
  4. Global Minimally Invasive Thoracic Surgery Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Increasing Prevalence of Thoracic Diseases
        3. Growing Aging Population
        4. Demand for Minimally Invasive Procedures
      2. Restraints
        1. High Initial Investment Costs
        2. Technical Complexity and Training Requirements
        3. Limited Accessibility in Developing Regions
        4. Risk of Complications and Adverse Events
      3. Opportunities
        1. Expansion of Minimally Invasive Techniques
        2. Advancements in Robotic-Assisted Surgery
        3. Emerging Markets Penetration
        4. Integration of Imaging Technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Minimally Invasive Thoracic Surgery Market, By Type, 2020 - 2030 (USD Million)
      1. Lobectomy
      2. Wedge Resection
      3. Pneumonectomy
      4. Others
    2. Global Minimally Invasive Thoracic Surgery Market, By Devices, 2020 - 2030 (USD Million)
      1. Rigid Endoscopes
      2. Flexible Endoscopes
    3. Global Minimally Invasive Thoracic Surgery Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Medtronic plc
      2. CARDIO MEDICAL GmbH
      3. Intuitive Surgical
      4. Richard Wolf GmbH
      5. Grena Ltd
      6. Dextera Surgical Inc
      7. Teleflex Incorporated
      8. Medela Healthcare
      9. LivaNova
  7. Analyst Views
  8. Future Outlook of the Market

ReAnIn's Most Viewed Titles:

Healthcare Medical Devices Orthopedics
Global Minimally Invasive Vertebral Compression Fracture Repair Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Minimally Invasive Vertebral Compression Fracture Repair Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Healthcare Healthcare IT Mobile Health (mHealth)
Global Mobile Health (mHealth) Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Mobile Health (mHealth) Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Healthcare Healthcare IT Mobile Health (mHealth)
Global Mobile Health Monitoring, Diagnostic Devices and Services Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Mobile Health Monitoring, Diagnostic Devices and Services Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Healthcare Medical Devices Mobile Imaging Services
Global Mobile Imaging Services Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Mobile Imaging Services Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...