Overview of the Market:
Asia-Pacific Lung Cancer Surgery Market has been estimated at USD 6.06 billion in 2018 and is projected to reach USD 9.29 billion by 2023, at a CAGR of 9% during the forecast period from 2018-2023.
Lung Cancer is kind of cancer which starts in Lung tissue or its surrounding parts. There are various types of treatments available to treat cancer like Chemotherapy, Radiotherapy, Laser Therapy and Surgery. Surgery involves removal of infected part from the lungs. In some cases, surgery will be used with other treatment methods to cure cancer. Surgery is only used if cancer cells don’t spread very near to the heart.
Rising pollution levels, increasing number of cigarette smokers, rising incidence and prevalence of Lung Cancer and rising geriatric population are some of the major factors driving the market. However, high cost of Lung Cancer surgery is restraining the growth of the market.
Asia-Pacific Lung Cancer Surgery Market is segmented based on Procedure and Device. Based on Procedure, market is segmented into Thoracotomy and Minimally Invasive. Based on Thoracotomy, market is further segmented into Lobectomy, Pneumonectomy, Sleeve Resection, and Segmentectomy. Based on Device, market is segmented into Surgical, Monitoring and Visualizing Systems. Based on Surgical Devices, market is further segmented into Clamps, Forceps, Retractors, Staplers, Cutters, Scissors, Elevators, RIB Sheers, Trocars. Based on Monitoring Devices, market is further segmented into Cameras & Video Support. Based on Visualizing Devices, market is further segmented into Endoscopic Trocars with optical views, Endo surgical Equipment. Surgical Instruments segment is expected to dominate the market owing to the shorter lifespan of devices and wider adoption of these devices. Minimally Invasive surgeries are expected to grow at highest CAGR owing to the rising awareness among people for early detection of lung cancer and advantages of Minimally Invasive Surgeries over conventional surgeries.
Geographical Analysis:
Geographically, market is further segmented into India, China, Japan, Australia and South Korea. Asia-Pacific market is expected to show significant potential in the forecast period owing to the improving healthcare facilities in developing countries like China, Japan, and growing dispensable economies to spend on healthcare.
Key Players in this Market:
Key players in the market include Ethicon US LLC, Intuitive Surgical Inc., Olympus Corporation, Accuray Inc., AngioDynamics Inc., Teleflex Inc., KARL STORZ GmbH, Ackermann Instrumente GmbH, Scanlan International Inc., and Trokamed GmbH.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Procedure
5.1.1 Introduction
5.1.2 Thoracotomy
5.1.2.1 Lobectomy
5.1.2.2 Pneumonectomy
5.1.2.3 Sleeve Resection
5.1.2.4 Segmentectomy
5.1.3 Minimally Invasive
5.1.4 Y-o-Y Growth Analysis, By Procedure
5.1.5 Market Attractiveness Analysis, By Procedure
5.1.6 Market Share Analysis, By Procedure
5.2 Device
5.2.1 Introduction
5.2.2 Surgical Devices
5.2.2.1 Clamps
5.2.2.2 Trocars
5.2.2.3 Forceps
5.2.2.4 Retractors
5.2.2.5 Staplers
5.2.2.6 Cutters
5.2.2.7 Scissors
5.2.2.8 Elevators
5.2.2.9 RIB Sheers
5.2.3 Monitoring Devices
5.2.3.1 Cameras & Video Support
5.2.4 Visualizing Devices
5.2.4.1 Endoscopic Trocars with optical views
5.2.4.2 Endo surgical Equipment
5.2.5 Y-o-Y Growth Analysis, By Type
5.2.6 Market Attractiveness Analysis, By Type
5.2.7 Market Share Analysis, By Type
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Procedure
6.1.3.3 By Device
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Procedure
6.1.4.3 By Device
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Procedure
6.1.5.3 By Device
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Ethicon US LLC
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Intuitive Surgical Inc.
8.3 Olympus Corporation
8.4 Accuray Inc.
8.5 AngioDynamics Inc.
8.6 Teleflex Inc.
8.7 KARL STORZ GmbH
8.8 Ackermann Instrumente GmbH
8.9 Scanlan International Inc.
8.10 Trokamed GmbH.
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
