Minimally Invasive Thoracic Surgery Market Size, Rising Trends, Revenue, Demand, Key Players, Challenges, Forecast till 2034: SPER Market Research
Minimally Invasive Thoracic Surgery Market
Minimally invasive thoracic surgery allows surgery in the chest through small cuts instead of large openings, without needing to spread the ribs. Surgeons use a camera and tools to access the lung through small openings between the ribs. There are two main types of this surgery: video-assisted thoracoscopic surgery (VATS) and robotic-assisted surgery. In VATS, a thoracoscope, which is a small tube with a camera, is placed through an incision between the ribs, enabling the surgeon to see the chest cavity without fully opening it. The surgeon removes lung tissue through one or two additional small cuts. In robotic-assisted surgery, the surgeon controls instruments from a console near the patient. A 3D camera provides a view inside, while robotic tools remove lung tissue through small incisions.
According to SPER market research, ‘Global Minimally Invasive Thoracic Surgery Market Size- By Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Minimally Invasive Thoracic Surgery Market is predicted to reach 8.07 billion by 2034 with a CAGR of 6.06%.
Drivers: The need for minimally invasive thoracic surgery (MITS) is increasing due to more lung and esophageal diseases, an aging population, and the demand for precise and less painful surgical methods. MITS is used for treating lung cancer, esophageal cancer, and other conditions, mainly in hospitals and clinics. Market growth is driven by advancements in surgical tools, like robotic systems and better imaging, increased healthcare spending, and rising awareness among patients and providers. Opportunities exist to expand MITS applications and to grow in emerging markets. Recommendations include investing in research and development, creating partnerships with healthcare institutions, and improving marketing strategies to inform stakeholders.
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Restraints: Implementing minimally invasive techniques requires significant upfront investments in advanced surgical technologies, like robotic systems and special tools. These technologies demand high capital costs, maintenance, and ongoing training for staff. Consequently, many healthcare facilities, especially in developing areas, may find it hard to make these investments, which limits the use of minimally invasive techniques. Additionally, the high costs can increase patient expenses, making them less likely to choose these procedures over traditional surgery.
Global Minimally Invasive Thoracic Surgery Market Key Players:
North America accounted for about half of the global market in 2024 due to a number of important factors. These include developments in medical technology, which have resulted in the development of novel products that fulfill patient demands. Furthermore, the availability of a competent surgical workforce, the continuous introduction of innovative medical technologies, and well-established regulatory and compensation structures have all helped to the market’s expansion in this region. Some significant market players are Medtronic, Dextera Surgical Inc, Intuitive surgical Operations, Inc, Richard Wolf GmBH, Grena Ltd, Medela, and others.
Global Minimally Invasive Thoracic Surgery Market Segmentation:
By Type: Based on the Type, Global Minimally Invasive Thoracic Surgery Market is segmented as; Lobectomy, Wedge Resection, Pneumonectomy, Others.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
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Minimally Invasive Thoracic Surgery Market Share
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