The report discusses in detail the positive and negative impact of the pandemic on the Lung Cancer Surgery Market industry.Factors influencing the growth of the Lung Cancer Surgery Market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the Lung Cancer Surgery Market . The supply chain disruptions and economic volatility have altered the dynamics of the Lung Cancer Surgery Market industry.

The global lung cancer surgery market size was USD 5.72 Billion in 2021 and is expected to register a revenue CAGR of 2.8% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of lung cancer due to sedentary lifestyle is a major factor driving market revenue growth. The most common cancer that results in mortality globally is lung cancer. In the U.S., an estimated 236,740 people were diagnosed with lung cancer in 2022. 3.08 million middle and high school children use at least one tobacco product, including e-cigarettes, while almost 40 million American adults still smoke cigarettes. The U.S. spends about USD 225 billion annually on medical treatment to cure diseases brought on by adult smoking.

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COVID-19 Impact Analysis   

  • Social distancing and restrictions severely disrupted businesses and operations
  • Lockdowns caused disruptions in transportation and logistics
  • Impacted manufacturing activities and mining operations globally 
  • Took a toll on economy of various countries
  • Caused sudden and drastic downturn in economic activity 
  • Disrupted agriculture, fisheries, dairy, and other sectors
  • Caused loss of employment and financial crisis
  • Supply impacts were further compounded owing to reduced disposable income
  • Emergence of variants continue to cause concerns and impact normal routines

Major companies operating in Intelligent power module are Accuray Incorporated, General Electric Company, Johnson and Johnson Services, Inc., Siemens Healthcare GmbH, Olympus Corporation, Teleflex Incorporated, B. Braun SE, Medtronic plc, AngioDynamics, Inc., and FUJIFILM Holdings Corporation.

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 The report emphasizes the demands and ongoing trends of the global Lung Cancer Surgery Market  market, more importantly, across the major regions of the market. Additionally, our analysts have included SWOT analysis and Porter’s Five Forces analysis in the report to offer a better understanding of the competitive spectrum of this ever-evolving industry. Moreover, the report sheds light on the cutting-edge expansion strategies adopted by the market contenders, such as mergers & acquisitions, joint ventures, partnerships & collaborations, new product launches, and brand promotions. 

Key Reasons To Buy This Lung Cancer Surgery Market  Report:

  • This report provides an investigation of the global Lung Cancer Surgery Market
  • This report performs a historical and future assessment of the market dynamics and provides accurate data in a well-organized sequence.
  • The report evaluates the most prominent market growth potential, dynamic market trends, drivers, constraints, investment opportunities and threats.
  • The report further identifies key regions and segments dominating the Lung Cancer Surgery Market

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Emergen Research has segmented the global lung cancer surgery market based on device, surgery type, end-use, and region:

  • Device Outlook (Revenue, USD Billion; 2019-2030)
    • Surgical Instruments
    • Monitoring Devices
    • Endoscopic Instruments
  • Surgery Type Outlook (Revenue, USD Billion; 2019-2030)
    • Thoracotomy
    • Minimally Invasive Surgeries
  • End-Use Outlook (Revenue, USD Billion; 2019-2030)
    • Cancer Hospitals
    • Ambulatory Surgical Centers

 Regional Outlook:

The report offers a comprehensive analysis of the current growth opportunities for various regions of the Lung Cancer Surgery Market  . It gauges the revenue shares of these regions over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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