HOME › Press Releases › MarketsandMarkets: Lung Cancer Surgery Market (Devices & Treatment Outlook) Trends & Challenges (2010 2015) Market to be US$ 46.5 billion by 2015
MarketsandMarkets: Lung Cancer Surgery Market (Devices & Treatment Outlook) Trends & Challenges (2010 2015) Market to be US$ 46.5 billion by 2015
The Lung Cancer Surgery Market (Devices & Treatment Outlook) Trends & Challenges (2010 2015) analyzes the lung cancer market by types of surgical procedures and surgical devices and studies the market dynamics of North America, Europe and ROW.
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Lung cancer is the most common type of cancer globally. According to WHO, lung cancer is expected to be more prominent in the underdeveloped world due to an increase in the use of tobacco products; tobacco is the primary cause of around 80% of all lung cancers. Global incidence of lung cancer was 1,608,055 in 2008 with the developing countries accounting for a major share (55%), 1,694,277 new cases were recorded in 2010 with 1,934,467, 2,213,561, and 2,530,820 as the predicted new cases for the years 2015, 2020, and 2025 respectively.
The lung cancer surgery market is expected to grow at a CAGR of 4.9% during the study period (2010-2015). Thoracotomy is the most widely used surgical procedure for lung cancer treatment; accounting for about 74% of all surgical interventions. The market for lung cancer surgeries was valued at $36 billion in 2010 and is expected to reach $45 billion by 2015. Rising incidence of non-small cell lung cancer globally is the major growth driver for the lung cancer surgery market. Europe accounted for the highest number (40%) of lung cancer surgeries performed in 2010.
Scope of the report
This research report categorizes the lung cancer surgery market on the basis of types of surgical procedures, by products, geography, forecasting revenues, and analyzing trends in each of the following submarkets:
On the basis of types of Surgeries:
Thoracotomy, minimally invasive procedures such as video assisted surgery, robotic surgery, endobronchial electrosurgery, and percutaneous transcatheter surgery.
On the basis of products:
Surgical devices, monitoring & visualizing systems, and endosurgical equipments
On the basis of geography:
North America, Europe, Rest of the World (ROW)
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