Global Minimally Invasive Thoracic Surgery Market to Reach $5.9 Billion by 2030
The global market for Minimally Invasive Thoracic Surgery estimated at US$3.4 Billion in the year 2023, is expected to reach US$5.9 Billion by 2030, growing at a CAGR of 8.3% over the analysis period 2023-2030. Lobectomy, one of the segments analyzed in the report, is expected to record a 9.1% CAGR and reach US$3.2 Billion by the end of the analysis period. Growth in the Wedge Resection segment is estimated at 7.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $881.3 Million, While China is Forecast to Grow at 12.3% CAGR
The Minimally Invasive Thoracic Surgery market in the U.S. is estimated at US$881.3 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 12.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 7.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$853.9 Million by the year 2030.
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