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What fueled the previous growth in the thoracic surgery devices market?

The thoracic surgery devices market has seen strong growth in recent years and is set to expand from $8.89 billion in 2024 to $9.74 billion in 2025, reflecting a CAGR of 9.7%. Historical growth factors include advancements in surgical techniques, a growing aging population with a rising prevalence of thoracic diseases, increasing surgical volumes, healthcare infrastructure development, and ongoing training and education initiatives.

What will be the thoracic surgery devices market size in the future?

The thoracic surgery devices market is anticipated to see strong growth, reaching $13.26 billion by 2029, with a CAGR of 8.0%. Factors driving growth include robotics and AI integration, patient-centric approaches, customized implant solutions, telemedicine and remote surgery, and value-based healthcare models. Major trends include global healthcare collaboration, technological innovations in medical devices, imaging advancements, remote surgical support, and the rise of ambulatory surgical centers (ASCs).

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What main drivers are fueling expansion in the thoracic surgery devices market?

Anticipated to be fuelled by the increasing incidence of thoracic diseases, the thoracic surgery device market is on the rise. Thoracic diseases, which involve conditions impacting the chest area containing the heart, lungs, and other major organs, are seeing a significant increase. Thoracic surgery devices assist surgeons in achieving accuracy and safety in procedures related to the chest cavity. For example, the Australian Institute of Health and Welfare stated that chronic obstructive pulmonary disease (COPD) contributed to 3.6% of the total disease burden in 2023 and accounted for half of the total respiratory disease burden. Hence, this rise in thoracic diseases is propelling the market’s growth.

Driving the Thoracic Surgery Device Market: A Surge in Lung Cancer Cases Fuels the Market

What key areas define the segmentation of the global thoracic surgery devices market?

The thoracic surgery devices market covered in this report is segmented –

1) By Product: Forceps, Graspers, Clamps And Staplers, Scissors, Spreaders, Needle Holders, Other Products

2) By Surgery Type: Lobectomy, Wedge Resection, Pneumonectomy, Other Surgery Types

3) By End-User: Hospitals, Ambulatory Surgical Centers, Other End-Users

Subsegments:

1) By Forceps: Straight Forceps, Curved Forceps

2) By Graspers: Tissue Graspers, Vessel Graspers

3) By Clamps and Staplers: Surgical Clamps, Stapling Devices

4) By Scissors: Surgical Scissors, Dissecting Scissors

5) By Spreaders: Rib Spreaders, Tissue Spreaders

6) By Needle Holders: Standard Needle Holders, Fine Tip Needle Holders

7) By Other Products: Electrosurgical Instruments, Surgical Retractors

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Who are the dominant players expanding their reach in the thoracic surgery devices market?

Major companies operating in the thoracic surgery devices market report are Cardinal Health, Medtronic PLC, Danaher Corporation, Becton, Dickinson and Company, Stryker Corporation, B. Braun Melsungen AG, Olympus Corporation, Intuitive Surgical, Getinge AB, Teleflex Inc., Cook Group Incorporated, Richard Wolf GmbH, Scanlan International, OmniGuide Holdings Inc., KLS Martin Group, Sklar Surgical Instruments, ATMOS MedizinTechnik GmbH & Co. KG, Medela Healthcare, Dextera Surgical Inc., Biolitec AG, Johnson & Johnson Private Limited, Cardio medical GmbH, Grena Ltd., LivaNova PLC, Sinapi Biomedical

How are evolving market trends shaping thoracic surgery devices Strategies?

Leading enterprises in the thoracic surgery devices market are innovating advanced plate and screw fixation systems to minimize complexities in chest surgery procedures. These systems aim to provide stability and ensure the security of bones or tissue fragments in the process of healing post orthopedic or thoracic surgeries. DePuy Synthes, a renowned medical device firm in the United States, for example, released the MatrixSTERNUM fixation system in August 2024. The system comprises of a plate and screw mechanism specially devised to steady the chest wall following open-heart and chest surgical procedures. This ground-breaking system betters patient care in surgical theatres through exceptional locking strength, swift chest fixation, and comparatively thinner, low-profile plates against competing systems. The MatrixSTERNUM system possesses locking strength three times greater than the leading product, offering enhanced sternum fixation while healing. The system provides multi-hole screw guides, ensures speedy and precise plate fixation, considerably lowers the procedure duration. The low-profile 1.5 mm plates, which are thin and can be shaped, lessen visibility beneath the skin.

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Which regions are emerging as leaders in the thoracic surgery devices market?

North America was the largest region in the thoracic surgery devices market in 2024. The regions covered in the thoracic surgery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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