PUBLISHER: Grand View Research | PRODUCT CODE: 1375913
PUBLISHER: Grand View Research | PRODUCT CODE: 1375913
The global thoracic surgery devices market size is expected to reach USD 1.08 billion by 2030, registering a CAGR of 6.42% from 2023 to 2030, according to a new report by Grand View Research, Inc.. The market growth is driven by the growing aging population coupled with the increasing prevalence of thoracic diseases and conditions, such as lung cancer, chronic obstructive pulmonary disease (COPD), and cardiovascular diseases. Moreover, growing technological advancements are contributing to market growth. Furthermore, growing cases of lung cancer globally are supporting the market growth. Lung cancer is one of the most prevalent forms of cancer, which requires proper surgical intervention for many patients. Thoracic surgery plays an important role in the treatment of lung cancer, and the increasing prevalence of the disease is propelling the demand for thoracic surgery devices.
These devices encompass a wide range of equipment used in lung resections, biopsies, and other surgical procedures related to lung cancer diagnosis and treatment. As the global healthcare community continues to witness increasing cases of lung cancer, the market for thoracic surgery devices is projected to expand significantly. Increasing awareness about the importance of thoracic health is a significant growth driver of the overall market. Several public health initiatives, advocacy campaigns, and educational efforts have collectively contributed to an increased understanding among patients and healthcare professionals regarding the importance of timely diagnosis and treatment of thoracic diseases and conditions. This increased awareness has led to a surge in patient demand for thoracic surgeries, including lung resections, esophageal procedures, and cardiac surgeries, among others. As patients seek more medical attention for thoracic issues, healthcare providers are increasingly turning to thoracic surgery devices to meet the growing demand for these surgical procedures.