PUBLISHER: KBV Research | PRODUCT CODE: 1385093
PUBLISHER: KBV Research | PRODUCT CODE: 1385093
North America Thoracic Surgery Devices Market Size, Share & Industry Trends Analysis Report By Surgery Type (Lobectomy, Wedge Resection, Pneumonectomy, and Others), By Product, By End-Use, By Country and Growth Forecast, 2023 - 2030
The North America Thoracic Surgery Devices Market would witness market growth of 5.4% CAGR during the forecast period (2023-2030).
Thoracic surgery removes the thymus gland, often in treating myasthenia gravis and thymoma. Innovative tools and minimally invasive techniques are increasingly being utilized in these procedures. The development of minimally invasive techniques has transformed thoracic surgery by reducing patient trauma, recovery time, and complications. Devices like thoracoscopes, trocars, and staplers enable surgeons to perform complex procedures through small incisions. Thoracic surgery has become more accessible to patients due to the development of minimally invasive and robotic-assisted surgical procedures, resulting in shorter hospital stays and quicker recoveries. This has significantly expanded the use of thoracic surgery devices. The increasing incidence of thoracic diseases, including lung cancer, cardiovascular diseases, and esophageal disorders, has increased demand for thoracic surgery. As a result, the adoption of thoracic surgery devices has naturally followed suit.
The development of biodegradable materials for thoracic surgery devices is an emerging trend. These materials reduce the need for secondary surgeries to remove implanted devices, improving patient outcomes and comfort. The demand for advanced stapling and suturing devices is rising. These devices reduce the risk of postoperative complications and improve the efficiency of thoracic surgeries. Medical image analysis using AI and machine learning techniques helps in the early detection and diagnosis of thoracic diseases. This technology can help identify tumors, anomalies, and treatment responses, improving patient care. Smart instruments equipped with sensors and real-time feedback mechanisms assist surgeons in maintaining optimal surgical conditions. These devices provide temperature, tissue tension, and vessel integrity data, allowing for precise decision-making during surgery.
According to the Canadian Institute for Health Information, Canada's senior population of those 65 and older will expand by 68% over the next 20 years. It has more than tripled in size in the last 40 years. In 2017, it was around 6.2 million. It is anticipated to reach 10.4 million in 2037. This population in Canada is projected to increase by 2.1 times by 2037 from its size in 2017. Lung cancer is a significant concern in Canada, predominantly affecting older individuals. Surgical resections, such as lobectomy and pneumonectomy, are commonly performed to treat lung cancer. The demand for thoracic surgery devices, including staplers and energy-based instruments, is substantial. Canada is known for its technological innovation in the medical field. These factors are anticipated to contribute to expanding the regional market.
The US market dominated the North America Thoracic Surgery Devices Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $261.9 Million by 2030. The Canada market is exhibiting a CAGR of 7.8% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 6.9% during (2023 - 2030).
Based on Surgery Type, the market is segmented into Lobectomy, Wedge Resection, Pneumonectomy, and Others. Based on Product, the market is segmented into Forceps, Graspers, Clamps & Staplers, Scissors, Spreaders, Needle Holders, and Others. Based on End-use, the market is segmented into Hospitals, Ambulatory Surgical Centers, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Cardiotrack, Intuitive Surgical, Inc., Richard Wolf GmbH, Grena Ltd., Dextera Surgical Inc. (Aesculap Inc.), Teleflex, Inc., Medela AG, LivaNova PLC, and Sklar Corporation.
Scope of the Study
Market Segments covered in the Report:
By Surgery Type
- Lobectomy
- Wedge Resection
- Pneumonectomy
- Others
By Product
- Forceps
- Graspers
- Clamps & Staplers
- Scissors
- Spreaders
- Needle Holders
- Others
By End-use
- Hospitals
- Ambulatory Surgical Centers
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- Medtronic PLC
- Cardiotrack
- Intuitive Surgical, Inc.
- Richard Wolf GmbH
- Grena Ltd.
- Dextera Surgical Inc. (Aesculap Inc.)
- Teleflex, Inc.
- Medela AG
- LivaNova PLC
- Sklar Corporation
Unique Offerings from KBV Research
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- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Thoracic Surgery Devices Market, by Surgery Type
- 1.4.2 North America Thoracic Surgery Devices Market, by Product
- 1.4.3 North America Thoracic Surgery Devices Market, by End-use
- 1.4.4 North America Thoracic Surgery Devices Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market At a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter Five Forces Analysis
Chapter 4. North America Thoracic Surgery Devices Market, by Surgery Type
- 4.1 North America Lobectomy Market, by Country
- 4.2 North America Wedge Resection Market, by Country
- 4.3 North America Pneumonectomy Market, by Country
- 4.4 North America Others Market, by Country
Chapter 5. North America Thoracic Surgery Devices Market, by Product
- 5.1 North America Forceps Market, by Country
- 5.2 North America Graspers Market, by Country
- 5.3 North America Clamps & Staplers Market, by Country
- 5.4 North America Scissors Market, by Country
- 5.5 North America Spreaders Market, by Country
- 5.6 North America Needle Holders Market, by Country
- 5.7 North America Others Market, by Country
Chapter 6. North America Thoracic Surgery Devices Market, by End-use
- 6.1 North America Hospitals Market, by Country
- 6.2 North America Ambulatory Surgical Centers Market, by Country
- 6.3 North America Others Market, by Country
Chapter 7. North America Thoracic Surgery Devices Market, by Country
- 7.1 US Thoracic Surgery Devices Market
- 7.1.1 US Thoracic Surgery Devices Market, by Surgery Type
- 7.1.2 US Thoracic Surgery Devices Market, by Product
- 7.1.3 US Thoracic Surgery Devices Market, by End-use
- 7.2 Canada Thoracic Surgery Devices Market
- 7.2.1 Canada Thoracic Surgery Devices Market, by Surgery Type
- 7.2.2 Canada Thoracic Surgery Devices Market, by Product
- 7.2.3 Canada Thoracic Surgery Devices Market, by End-use
- 7.3 Mexico Thoracic Surgery Devices Market
- 7.3.1 Mexico Thoracic Surgery Devices Market, by Surgery Type
- 7.3.2 Mexico Thoracic Surgery Devices Market, by Product
- 7.3.3 Mexico Thoracic Surgery Devices Market, by End-use
- 7.4 Rest of North America Thoracic Surgery Devices Market
- 7.4.1 Rest of North America Thoracic Surgery Devices Market, by Surgery Type
- 7.4.2 Rest of North America Thoracic Surgery Devices Market, by Product
- 7.4.3 Rest of North America Thoracic Surgery Devices Market, by End-use
Chapter 8. Company Profiles
- 8.1 Medtronic PLC
- 8.1.1 Company overview
- 8.1.2 Financial Analysis
- 8.1.3 Research & Development Expenses
- 8.1.4 Recent strategies and developments:
- 8.1.4.1 Partnerships, Collaborations, and Agreements:
- 8.1.4.2 Acquisition and Mergers:
- 8.1.5 SWOT Analysis
- 8.2 Cardiotrack
- 8.2.1 Company Overview
- 8.2.2 SWOT Analysis
- 8.3 Intuitive Surgical, Inc.
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Regional Analysis
- 8.3.4 Research & Development Expense
- 8.3.5 SWOT Analysis
- 8.4 Richard Wolf GmbH
- 8.4.1 Company Overview
- 8.4.2 Recent strategies and developments:
- 8.4.2.1 Partnerships, Collaborations, and Agreements:
- 8.4.3 SWOT Analysis
- 8.5 Grena Ltd.
- 8.5.1 Company Overview
- 8.5.2 SWOT Analysis
- 8.6 Dextera Surgical Inc. (Aesculap Inc.)
- 8.6.1 Company Overview
- 8.6.2 SWOT Analysis
- 8.7 Teleflex, Inc.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental Analysis
- 8.7.4 Research & Development Expense
- 8.7.5 SWOT Analysis
- 8.8 Medela AG
- 8.8.1 Company Overview
- 8.8.2 Recent strategies and developments:
- 8.8.2.1 Partnerships, Collaborations, and Agreements:
- 8.8.3 SWOT Analysis
- 8.9 LivaNova PLC
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 Research & Development Expense
- 8.9.5 SWOT Analysis
- 8.10. Sklar Corporation
- 8.10.1 Company Overview
- 8.10.2 SWOT Analysis
Chapter 9. Winning imperative for Thoracic Surgery Devices Market
LIST OF TABLES
- TABLE 1 North America Thoracic Surgery Devices Market, 2019 - 2022, USD Million
- TABLE 2 North America Thoracic Surgery Devices Market, 2023 - 2030, USD Million
- TABLE 3 North America Thoracic Surgery Devices Market, by Surgery Type, 2019 - 2022, USD Million
- TABLE 4 North America Thoracic Surgery Devices Market, by Surgery Type, 2023 - 2030, USD Million
- TABLE 5 North America Lobectomy Market, by Country, 2019 - 2022, USD Million
- TABLE 6 North America Lobectomy Market, by Country, 2023 - 2030, USD Million
- TABLE 7 North America Wedge Resection Market, by Country, 2019 - 2022, USD Million
- TABLE 8 North America Wedge Resection Market, by Country, 2023 - 2030, USD Million
- TABLE 9 North America Pneumonectomy Market, by Country, 2019 - 2022, USD Million
- TABLE 10 North America Pneumonectomy Market, by Country, 2023 - 2030, USD Million
- TABLE 11 North America Others Market, by Country, 2019 - 2022, USD Million
- TABLE 12 North America Others Market, by Country, 2023 - 2030, USD Million
- TABLE 13 North America Thoracic Surgery Devices Market, by Product, 2019 - 2022, USD Million
- TABLE 14 North America Thoracic Surgery Devices Market, by Product, 2023 - 2030, USD Million
- TABLE 15 North America Forceps Market, by Country, 2019 - 2022, USD Million
- TABLE 16 North America Forceps Market, by Country, 2023 - 2030, USD Million
- TABLE 17 North America Graspers Market, by Country, 2019 - 2022, USD Million
- TABLE 18 North America Graspers Market, by Country, 2023 - 2030, USD Million
- TABLE 19 North America Clamps & Staplers Market, by Country, 2019 - 2022, USD Million
- TABLE 20 North America Clamps & Staplers Market, by Country, 2023 - 2030, USD Million
- TABLE 21 North America Scissors Market, by Country, 2019 - 2022, USD Million
- TABLE 22 North America Scissors Market, by Country, 2023 - 2030, USD Million
- TABLE 23 North America Spreaders Market, by Country, 2019 - 2022, USD Million
- TABLE 24 North America Spreaders Market, by Country, 2023 - 2030, USD Million
- TABLE 25 North America Needle Holders Market, by Country, 2019 - 2022, USD Million
- TABLE 26 North America Needle Holders Market, by Country, 2023 - 2030, USD Million
- TABLE 27 North America Others Market, by Country, 2019 - 2022, USD Million
- TABLE 28 North America Others Market, by Country, 2023 - 2030, USD Million
- TABLE 29 North America Thoracic Surgery Devices Market, by End-use, 2019 - 2022, USD Million
- TABLE 30 North America Thoracic Surgery Devices Market, by End-use, 2023 - 2030, USD Million
- TABLE 31 North America Hospitals Market, by Country, 2019 - 2022, USD Million
- TABLE 32 North America Hospitals Market, by Country, 2023 - 2030, USD Million
- TABLE 33 North America Ambulatory Surgical Centers Market, by Country, 2019 - 2022, USD Million
- TABLE 34 North America Ambulatory Surgical Centers Market, by Country, 2023 - 2030, USD Million
- TABLE 35 North America Others Market, by Country, 2019 - 2022, USD Million
- TABLE 36 North America Others Market, by Country, 2023 - 2030, USD Million
- TABLE 37 North America Thoracic Surgery Devices Market, by Country, 2019 - 2022, USD Million
- TABLE 38 North America Thoracic Surgery Devices Market, by Country, 2023 - 2030, USD Million
- TABLE 39 US Thoracic Surgery Devices Market, 2019 - 2022, USD Million
- TABLE 40 US Thoracic Surgery Devices Market, 2023 - 2030, USD Million
- TABLE 41 US Thoracic Surgery Devices Market, by Surgery Type, 2019 - 2022, USD Million
- TABLE 42 US Thoracic Surgery Devices Market, by Surgery Type, 2023 - 2030, USD Million
- TABLE 43 US Thoracic Surgery Devices Market, by Product, 2019 - 2022, USD Million
- TABLE 44 US Thoracic Surgery Devices Market, by Product, 2023 - 2030, USD Million
- TABLE 45 US Thoracic Surgery Devices Market, by End-use, 2019 - 2022, USD Million
- TABLE 46 US Thoracic Surgery Devices Market, by End-use, 2023 - 2030, USD Million
- TABLE 47 Canada Thoracic Surgery Devices Market, 2019 - 2022, USD Million
- TABLE 48 Canada Thoracic Surgery Devices Market, 2023 - 2030, USD Million
- TABLE 49 Canada Thoracic Surgery Devices Market, by Surgery Type, 2019 - 2022, USD Million
- TABLE 50 Canada Thoracic Surgery Devices Market, by Surgery Type, 2023 - 2030, USD Million
- TABLE 51 Canada Thoracic Surgery Devices Market, by Product, 2019 - 2022, USD Million
- TABLE 52 Canada Thoracic Surgery Devices Market, by Product, 2023 - 2030, USD Million
- TABLE 53 Canada Thoracic Surgery Devices Market, by End-use, 2019 - 2022, USD Million
- TABLE 54 Canada Thoracic Surgery Devices Market, by End-use, 2023 - 2030, USD Million
- TABLE 55 Mexico Thoracic Surgery Devices Market, 2019 - 2022, USD Million
- TABLE 56 Mexico Thoracic Surgery Devices Market, 2023 - 2030, USD Million
- TABLE 57 Mexico Thoracic Surgery Devices Market, by Surgery Type, 2019 - 2022, USD Million
- TABLE 58 Mexico Thoracic Surgery Devices Market, by Surgery Type, 2023 - 2030, USD Million
- TABLE 59 Mexico Thoracic Surgery Devices Market, by Product, 2019 - 2022, USD Million
- TABLE 60 Mexico Thoracic Surgery Devices Market, by Product, 2023 - 2030, USD Million
- TABLE 61 Mexico Thoracic Surgery Devices Market, by End-use, 2019 - 2022, USD Million
- TABLE 62 Mexico Thoracic Surgery Devices Market, by End-use, 2023 - 2030, USD Million
- TABLE 63 Rest of North America Thoracic Surgery Devices Market, 2019 - 2022, USD Million
- TABLE 64 Rest of North America Thoracic Surgery Devices Market, 2023 - 2030, USD Million
- TABLE 65 Rest of North America Thoracic Surgery Devices Market, by Surgery Type, 2019 - 2022, USD Million
- TABLE 66 Rest of North America Thoracic Surgery Devices Market, by Surgery Type, 2023 - 2030, USD Million
- TABLE 67 Rest of North America Thoracic Surgery Devices Market, by Product, 2019 - 2022, USD Million
- TABLE 68 Rest of North America Thoracic Surgery Devices Market, by Product, 2023 - 2030, USD Million
- TABLE 69 Rest of North America Thoracic Surgery Devices Market, by End-use, 2019 - 2022, USD Million
- TABLE 70 Rest of North America Thoracic Surgery Devices Market, by End-use, 2023 - 2030, USD Million
- TABLE 71 Key Information - Medtronic PLC
- TABLE 72 Key Information - Cardiotrack
- TABLE 73 Key Information -Intuitive Surgical, Inc.
- TABLE 74 Key Information - Richard Wolf GmbH
- TABLE 75 Key Information - Grena Ltd
- TABLE 76 Key Information - Dextera Surgical inc.
- TABLE 77 Key Information - Teleflex, Inc.
- TABLE 78 Key Information - Medela AG
- TABLE 79 Key Information - LivaNova PLC
- TABLE 80 Key Information - Sklar Corporation
