China Minimally Invasive Thoracic Surgery Market Size & Outlook
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China minimally invasive thoracic surgery market highlights
- The China minimally invasive thoracic surgery market generated a revenue of USD 121.1 million in 2021 and is expected to reach USD 234.2 million by 2028.
- The China market is expected to grow at a CAGR of 9.9% from 2022 to 2028.
- In terms of segment, lobectomy was the largest revenue generating application in 2021.
- Wedge Resection is the most lucrative application segment registering the fastest growth during the forecast period.
Minimally invasive thoracic surgery market data book summary
| Market revenue in 2021 | USD 121.1 million |
| Market revenue in 2028 | USD 234.2 million |
| Growth rate | 9.9% (CAGR from 2021 to 2028) |
| Largest segment | Lobectomy |
| Fastest growing segment | Wedge Resection |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lobectomy, Wedge Resection, Pneumonectomy |
| Key market players worldwide | Medtronic PLC, Cardio Medical, Intuitive Surgical Inc, Richard Wolf, Grena, Dextera Surgical, Teleflex Inc, Medela, LivaNova PLC, Sklar Instruments |
Other key industry trends
- In terms of revenue, China accounted for 3.9% of the global minimally invasive thoracic surgery market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, Japan minimally invasive thoracic surgery market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 234.2 million by 2028.
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Minimally Invasive Thoracic Surgery Market Scope
Minimally Invasive Thoracic Surgery Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Dextera Surgical | View profile | 101-250 | Redwood City, California, United States, North America | http://www.dexterasurgical.com/ |
| Grena | View profile | 11-50 | Brentford, Hounslow, United Kingdom, Europe | https://www.grena.co.uk |
| Cardio Medical | View profile | 11-50 | Langenhagen, Niedersachsen, Germany, Europe | https://cardiomedical.de/ |
| Sklar Instruments | View profile | 51-100 | West Chester, Pennsylvania, United States, North America | https://www.sklarcorp.com |
| Richard Wolf | View profile | 1001-5000 | Knittlingen, Baden-Wurttemberg, Germany, Europe | https://www.richard-wolf.com/en/ |
| Medela | View profile | 1001-5000 | Baar, Zug, Switzerland, Europe | http://www.medela.com |
| LivaNova PLC | View profile | 2900 | 20 Eastbourne Terrace, London, United Kingdom, W2 6LG | https://www.livanova.com |
| Intuitive Surgical Inc | View profile | 13676 | 1020 Kifer Road, Sunnyvale, CA, United States, 94086-5304 | https://www.intuitive.com |
| Teleflex Inc | View profile | 14500 | 550 East Swedesford Road, Suite 400, Wayne, PA, United States, 19087 | https://www.teleflex.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
China minimally invasive thoracic surgery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to minimally invasive thoracic surgery market will help companies and investors design strategic landscapes.
Lobectomy was the largest segment with a revenue share of 51.61% in 2023. Horizon Databook has segmented the China minimally invasive thoracic surgery market based on lobectomy, wedge resection, pneumonectomy covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of minimally invasive thoracic surgery market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China minimally invasive thoracic surgery market , including forecasts for subscribers. This country databook contains high-level insights into China minimally invasive thoracic surgery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China minimally invasive thoracic surgery market size, by application, 2018-2028 (US$M)
China Minimally Invasive Thoracic Surgery Market Outlook Share, 2023 & 2030 (US$M)
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