Lung Cancer Surgery Market to Grow with a CAGR of 4.21% through 2029

Increase in the incidence and prevalence of lung cancer and increase in the aging population is expected to drive the Global Lung Cancer Surgery Market growth in the forecast period, 2025-2029.

According to TechSci Research report, “Lung Cancer Surgery Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Lung Cancer Surgery Market stood at USD 5.67 billion in 2023 and is anticipated to grow with a CAGR of 4.21% in the forecast period, 2025-2029. This can be driven by advancements in surgical techniques, personalized medicine, and multidisciplinary care models. Lung cancer remains a significant global health challenge, with high incidence rates prompting innovative approaches to treatment. Lung cancer surgery encompasses a range of surgical interventions aimed at removing tumors and managing disease progression. Key trends include the increasing adoption of minimally invasive techniques such as video-assisted thoracoscopic surgery (VATS) and robotic-assisted thoracic surgery (RATS). These approaches offer patients reduced post-operative pain, shorter recovery times, and improved surgical outcomes compared to traditional open surgeries.

Personalized medicine is revolutionizing lung cancer treatment by tailoring therapies based on individual patient profiles, including molecular diagnostics and genomic profiling. These advancements allow healthcare providers to select targeted therapies and immunotherapies that effectively combat specific genetic mutations and biomarkers associated with lung cancer. Multidisciplinary care models are enhancing treatment coordination among specialists, including surgeons, medical oncologists, radiation oncologists, and pulmonologists. This collaborative approach ensures comprehensive patient management from diagnosis through to post-operative care, optimizing treatment outcomes and patient satisfaction.   

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The Global Lung Cancer Surgery Market is segmented into type, end-user, regional distribution, and company.

Based on its end user, The hospitals category holds a leading position in the market of lung cancer surgery primarily due to their comprehensive capabilities, specialized infrastructure, and capacity to manage complex medical procedures and patient needs effectively. Lung cancer surgery encompasses a spectrum of interventions, ranging from minimally invasive procedures to extensive thoracic surgeries, such as lobectomy or pneumonectomy, which require advanced surgical expertise and intensive post-operative care.

Moreover, hospitals offer a wide array of specialized medical resources essential for lung cancer surgery. These include state-of-the-art operating rooms equipped with advanced surgical instruments, imaging technologies (such as CT scanners and MRI machines), and intensive care units (ICUs) equipped to handle potential complications during and after surgery. Such facilities are crucial for ensuring patient safety and optimizing surgical outcomes, particularly in cases where patients may have comorbidities or require complex surgical interventions. On the other hand, the multidisciplinary nature of hospital settings supports comprehensive care for lung cancer patients. Hospitals typically house multidisciplinary teams comprising thoracic surgeons, oncologists, pulmonologists, anesthesiologists, nurses, and other healthcare professionals who collaborate to develop personalized treatment plans and provide integrated care throughout the surgical journey. This collaborative approach ensures that patients receive not only surgical expertise but also coordinated perioperative care, including pre-operative assessment, intraoperative monitoring, and post-operative rehabilitation.

Major companies operating in Global Lung Cancer Surgery Market are:

• Accuray Inc.
• AngioDynamics Inc.
• Johnson & Johnson Services, Inc.
• Intuitive Surgical Inc.
• Olympus Corporation
• Teleflex Incorporated
• Ackermann Instrumente GmbH
• KARL STORZ GmbH
• Medtronic Plc.
• Siemens Healthineers AG

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“The lung cancer surgery market is currently undergoing transformative changes as advancements in surgical techniques and technology redefine treatment approaches and patient outcomes. Beyond traditional methods, such as open surgeries and chemotherapy, there is a growing recognition of the potential of innovative surgical devices and personalized medicine in enhancing surgical precision and improving survival rates. Ongoing research and development efforts are focusing on expanding the application of minimally invasive procedures like video-assisted thoracoscopic surgery (VATS) and robotic-assisted surgery, which offer reduced recovery times and minimized post-operative complications”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Lung Cancer Surgery Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Thoracotomy (Lobectomy, Sleeve Resection, Segmentectomy, Pneumonectomy), Minimally Invasive Surgeries), By End User (Hospitals, Ambulatory Surgical Centers, Others), By Region, and By Competition, 2019-2029F”, has evaluated the future growth potential of Global Lung Cancer Surgery Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Lung Cancer Surgery Market.

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