Thoracic Surgery Devices Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

The Business Research Company's Thoracic Surgery Devices Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

LONDON, GREATER LONDON, UK, June 27, 2024 /EINPresswire.com/ -- The thoracic surgery devices market is projected to grow from $8.07 billion in 2023 to $8.89 billion in 2024, at a CAGR of 10.1%. This growth is attributed to advancements in surgical techniques, an aging population, increasing prevalence of thoracic diseases, rising surgical volumes, and healthcare infrastructure development. The market is expected to continue its strong growth trajectory, reaching $12.3 billion by 2028, with a CAGR of 8.5%. Factors driving this growth include the integration of robotics and AI, patient-centric approaches, customized implant solutions, telemedicine, and the adoption of value-based healthcare models.

Rising Prevalence of Thoracic Diseases Drives Market Growth
The rising prevalence of thoracic diseases, affecting organs within the chest cavity such as the heart, lungs, and major blood vessels, is a significant driver for the thoracic surgery devices market. Conditions like chronic obstructive pulmonary disease (COPD) are contributing to increased surgical interventions and the demand for advanced surgical devices.

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Major Players and Technological Innovations
Key players in the thoracic surgery devices market, including Cardinal Health, Medtronic PLC, and Intuitive Surgical, are focusing on innovative products. For instance, the development of 3D-printed bioresorbable airway stents represents a significant technological advancement, providing customized support tailored to patients' specific anatomy.
In a notable development, ETH Zurich introduced 3D-printed bioresorbable airway stents designed to dissolve gradually after implantation, eliminating the need for invasive removal procedures.

Market Segmentation
•Product Types: Forceps, Graspers, Clamps And Staplers, Scissors, Spreaders, Needle Holders, Other Products
•Surgery Types: Lobectomy, Wedge Resection, Pneumonectomy, Other Surgery Types
•End-Users: Hospitals, Ambulatory Surgical Centers, Other End-Users

Geographical Insights: North America Leading the Market
North America dominated the thoracic surgery devices market in 2023 and is expected to maintain its leading position throughout the forecast period. The region benefits from advanced healthcare infrastructure and high adoption rates of innovative medical technologies.

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Thoracic Surgery Devices Global Market Report 2024 from TBRC covers the following information:
•Market size data for the forecast period: Historical and Future
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Thoracic Surgery Devices Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on thoracic surgery devices market size, thoracic surgery devices market drivers and trends, thoracic surgery devices market major players, competitors' revenues, market positioning, and market growth across geographies. The thoracic surgery devices market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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