The Latin America, Middle East and Africa Thoracic Surgery Devices Market would witness market growth of 8.1% CAGR during the forecast period (2023-2030).
Robotic-assisted surgery is gaining prominence, offering precision and dexterity beyond the capabilities of traditional surgery. The da Vinci Surgical System, among others, has revolutionized the field of thoracic surgery. Surgeons are increasingly using robotic systems to perform complex procedures with greater precision. Thoracic surgery devices incorporate advanced imaging technologies like 3D CT scans and intraoperative imaging. These tools provide surgeons with real-time, high-resolution images, enhancing their ability to navigate complex anatomical structures during surgery.
These techniques require specialized devices and instruments designed for precision and efficacy, propelling innovation, and market growth. Access to healthcare services, such as thoracic surgeries, is increasing demand for thoracic surgery devices. As more healthcare facilities offer thoracic surgical procedures, there is a commensurate rise in the need for devices that aid in diagnosis, treatment, and postoperative care, accelerating market expansion.
According to the National Library of Medicine, in the Middle East, the prevalence of CVD is high (10.1%). Minimally invasive surgical techniques for cardiac procedures are gaining popularity in the Middle East. The growing prevalence of cardiovascular diseases in the Middle East substantially impacts the market in the region. In Saudi Arabia, surgical resections, such as lobectomy and pneumonectomy, are commonly performed to treat lung cancer. Lung cancer is a growing health issue in Saudi Arabia, affecting a substantial portion of the population. Expanding healthcare access and increasing health insurance coverage for patients with lung cancer are priorities in Saudi Arabia. As more individuals access healthcare services, the demand for thoracic surgery procedures and associated devices increases in Saudi. As per the Saudi Arabia Ministry of Health, lung cancer is the fifth most prevalent cancer in Saudi Arabian men and the fifteenth most prevalent disease in Saudi women. Thoracic surgery devices are vital in addressing these cases and ensuring access to life-saving procedures. All these factors will uplift the regional market expansion in the coming years.
The Brazil market dominated the LAMEA Thoracic Surgery Devices Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $19.5 Million by 2030. The Argentina market is showcasing a CAGR of 8.7% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.4% during (2023 - 2030).
Based on Surgery Type, the market is segmented into Lobectomy, Wedge Resection, Pneumonectomy, and Others. Based on Product, the market is segmented into Forceps, Graspers, Clamps & Staplers, Scissors, Spreaders, Needle Holders, and Others. Based on End-use, the market is segmented into Hospitals, Ambulatory Surgical Centers, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Thoracic Surgery Devices Market is Projected to reach USD 998.1 Million by 2030, at a CAGR of 6.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Cardiotrack, Intuitive Surgical, Inc., Richard Wolf GmbH, Grena Ltd., Dextera Surgical Inc. (Aesculap Inc.), Teleflex, Inc., Medela AG, LivaNova PLC, and Sklar Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Surgery Type
- Lobectomy
- Wedge Resection
- Pneumonectomy
- Others
By Product
- Forceps
- Graspers
- Clamps & Staplers
- Scissors
- Spreaders
- Needle Holders
- Others
By End-use
- Hospitals
- Ambulatory Surgical Centers
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- Cardiotrack
- Intuitive Surgical, Inc.
- Richard Wolf GmbH
- Grena Ltd.
- Dextera Surgical Inc. (Aesculap Inc.)
- Teleflex, Inc.
- Medela AG
- LivaNova PLC
- Sklar Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Thoracic Surgery Devices Market, by Surgery Type
1.4.2 LAMEA Thoracic Surgery Devices Market, by Product
1.4.3 LAMEA Thoracic Surgery Devices Market, by End-use
1.4.4 LAMEA Thoracic Surgery Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Thoracic Surgery Devices Market, by Surgery Type
4.1 LAMEA Lobectomy Market, by Country
4.2 LAMEA Wedge Resection Market, by Country
4.3 LAMEA Pneumonectomy Market, by Country
4.4 LAMEA Others Market, by Country
Chapter 5. LAMEA Thoracic Surgery Devices Market, by Product
5.1 LAMEA Forceps Market, by Country
5.2 LAMEA Graspers Market, by Country
5.3 LAMEA Clamps & Staplers Market, by Country
5.4 LAMEA Scissors Market, by Country
5.5 LAMEA Spreaders Market, by Country
5.6 LAMEA Needle Holders Market, by Country
5.7 LAMEA Others Market, by Country
Chapter 6. LAMEA Thoracic Surgery Devices Market, by End-use
6.1 LAMEA Hospitals Market, by Country
6.2 LAMEA Ambulatory Surgical Centers Market, by Country
6.3 LAMEA Others Market, by Country
Chapter 7. LAMEA Thoracic Surgery Devices Market, by Country
7.1 Brazil Thoracic Surgery Devices Market
7.1.1 Brazil Thoracic Surgery Devices Market, by Surgery Type
7.1.2 Brazil Thoracic Surgery Devices Market, by Product
7.1.3 Brazil Thoracic Surgery Devices Market, by End-use
7.2 Argentina Thoracic Surgery Devices Market
7.2.1 Argentina Thoracic Surgery Devices Market, by Surgery Type
7.2.2 Argentina Thoracic Surgery Devices Market, by Product
7.2.3 Argentina Thoracic Surgery Devices Market, by End-use
7.3 UAE Thoracic Surgery Devices Market
7.3.1 UAE Thoracic Surgery Devices Market, by Surgery Type
7.3.2 UAE Thoracic Surgery Devices Market, by Product
7.3.3 UAE Thoracic Surgery Devices Market, by End-use
7.4 Saudi Arabia Thoracic Surgery Devices Market
7.4.1 Saudi Arabia Thoracic Surgery Devices Market, by Surgery Type
7.4.2 Saudi Arabia Thoracic Surgery Devices Market, by Product
7.4.3 Saudi Arabia Thoracic Surgery Devices Market, by End-use
7.5 South Africa Thoracic Surgery Devices Market
7.5.1 South Africa Thoracic Surgery Devices Market, by Surgery Type
7.5.2 South Africa Thoracic Surgery Devices Market, by Product
7.5.3 South Africa Thoracic Surgery Devices Market, by End-use
7.6 Nigeria Thoracic Surgery Devices Market
7.6.1 Nigeria Thoracic Surgery Devices Market, by Surgery Type
7.6.2 Nigeria Thoracic Surgery Devices Market, by Product
7.6.3 Nigeria Thoracic Surgery Devices Market, by End-use
7.7 Rest of LAMEA Thoracic Surgery Devices Market
7.7.1 Rest of LAMEA Thoracic Surgery Devices Market, by Surgery Type
7.7.2 Rest of LAMEA Thoracic Surgery Devices Market, by Product
7.7.3 Rest of LAMEA Thoracic Surgery Devices Market, by End-use
Chapter 8. Company Profiles
8.1 Medtronic PLC
8.1.1 Company overview
8.1.2 Financial Analysis
8.1.3 Research & Development Expenses
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Acquisition and Mergers:
8.1.5 SWOT Analysis
8.2 Cardiotrack
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Intuitive Surgical, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 Richard Wolf GmbH
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Partnerships, Collaborations, and Agreements:
8.4.3 SWOT Analysis
8.5 Grena Ltd.
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Dextera Surgical Inc. (Aesculap Inc.)
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Teleflex, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis
8.8 Medela AG
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.8.3 SWOT Analysis
8.9 LivaNova PLC
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 SWOT Analysis
8.10. Sklar Corporation
8.10.1 Company Overview
8.10.2 SWOT Analysis
TABLE 1 LAMEA Thoracic Surgery Devices Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Thoracic Surgery Devices Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Thoracic Surgery Devices Market, by Surgery Type, 2019 - 2022, USD Million
TABLE 4 LAMEA Thoracic Surgery Devices Market, by Surgery Type, 2023 - 2030, USD Million
TABLE 5 LAMEA Lobectomy Market, by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Lobectomy Market, by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Wedge Resection Market, by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Wedge Resection Market, by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Pneumonectomy Market, by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Pneumonectomy Market, by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Others Market, by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Others Market, by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Thoracic Surgery Devices Market, by Product, 2019 - 2022, USD Million
TABLE 14 LAMEA Thoracic Surgery Devices Market, by Product, 2023 - 2030, USD Million
TABLE 15 LAMEA Forceps Market, by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Forceps Market, by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Graspers Market, by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Graspers Market, by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Clamps & Staplers Market, by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Clamps & Staplers Market, by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Scissors Market, by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Scissors Market, by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Spreaders Market, by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Spreaders Market, by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Needle Holders Market, by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Needle Holders Market, by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Others Market, by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Others Market, by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Thoracic Surgery Devices Market, by End-use, 2019 - 2022, USD Million
TABLE 30 LAMEA Thoracic Surgery Devices Market, by End-use, 2023 - 2030, USD Million
TABLE 31 LAMEA Hospitals Market, by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Hospitals Market, by Country, 2023 - 2030, USD Million
TABLE 33 LAMEA Ambulatory Surgical Centers Market, by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Ambulatory Surgical Centers Market, by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Others Market, by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA Others Market, by Country, 2023 - 2030, USD Million
TABLE 37 LAMEA Thoracic Surgery Devices Market, by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Thoracic Surgery Devices Market, by Country, 2023 - 2030, USD Million
TABLE 39 Brazil Thoracic Surgery Devices Market, 2019 - 2022, USD Million
TABLE 40 Brazil Thoracic Surgery Devices Market, 2023 - 2030, USD Million
TABLE 41 Brazil Thoracic Surgery Devices Market, by Surgery Type, 2019 - 2022, USD Million
TABLE 42 Brazil Thoracic Surgery Devices Market, by Surgery Type, 2023 - 2030, USD Million
TABLE 43 Brazil Thoracic Surgery Devices Market, by Product, 2019 - 2022, USD Million
TABLE 44 Brazil Thoracic Surgery Devices Market, by Product, 2023 - 2030, USD Million
TABLE 45 Brazil Thoracic Surgery Devices Market, by End-use, 2019 - 2022, USD Million
TABLE 46 Brazil Thoracic Surgery Devices Market, by End-use, 2023 - 2030, USD Million
TABLE 47 Argentina Thoracic Surgery Devices Market, 2019 - 2022, USD Million
TABLE 48 Argentina Thoracic Surgery Devices Market, 2023 - 2030, USD Million
TABLE 49 Argentina Thoracic Surgery Devices Market, by Surgery Type, 2019 - 2022, USD Million
TABLE 50 Argentina Thoracic Surgery Devices Market, by Surgery Type, 2023 - 2030, USD Million
TABLE 51 Argentina Thoracic Surgery Devices Market, by Product, 2019 - 2022, USD Million
TABLE 52 Argentina Thoracic Surgery Devices Market, by Product, 2023 - 2030, USD Million
TABLE 53 Argentina Thoracic Surgery Devices Market, by End-use, 2019 - 2022, USD Million
TABLE 54 Argentina Thoracic Surgery Devices Market, by End-use, 2023 - 2030, USD Million
TABLE 55 UAE Thoracic Surgery Devices Market, 2019 - 2022, USD Million
TABLE 56 UAE Thoracic Surgery Devices Market, 2023 - 2030, USD Million
TABLE 57 UAE Thoracic Surgery Devices Market, by Surgery Type, 2019 - 2022, USD Million
TABLE 58 UAE Thoracic Surgery Devices Market, by Surgery Type, 2023 - 2030, USD Million
TABLE 59 UAE Thoracic Surgery Devices Market, by Product, 2019 - 2022, USD Million
TABLE 60 UAE Thoracic Surgery Devices Market, by Product, 2023 - 2030, USD Million
TABLE 61 UAE Thoracic Surgery Devices Market, by End-use, 2019 - 2022, USD Million
TABLE 62 UAE Thoracic Surgery Devices Market, by End-use, 2023 - 2030, USD Million
TABLE 63 Saudi Arabia Thoracic Surgery Devices Market, 2019 - 2022, USD Million
TABLE 64 Saudi Arabia Thoracic Surgery Devices Market, 2023 - 2030, USD Million
TABLE 65 Saudi Arabia Thoracic Surgery Devices Market, by Surgery Type, 2019 - 2022, USD Million
TABLE 66 Saudi Arabia Thoracic Surgery Devices Market, by Surgery Type, 2023 - 2030, USD Million
TABLE 67 Saudi Arabia Thoracic Surgery Devices Market, by Product, 2019 - 2022, USD Million
TABLE 68 Saudi Arabia Thoracic Surgery Devices Market, by Product, 2023 - 2030, USD Million
TABLE 69 Saudi Arabia Thoracic Surgery Devices Market, by End-use, 2019 - 2022, USD Million
TABLE 70 Saudi Arabia Thoracic Surgery Devices Market, by End-use, 2023 - 2030, USD Million
TABLE 71 South Africa Thoracic Surgery Devices Market, 2019 - 2022, USD Million
TABLE 72 South Africa Thoracic Surgery Devices Market, 2023 - 2030, USD Million
TABLE 73 South Africa Thoracic Surgery Devices Market, by Surgery Type, 2019 - 2022, USD Million
TABLE 74 South Africa Thoracic Surgery Devices Market, by Surgery Type, 2023 - 2030, USD Million
TABLE 75 South Africa Thoracic Surgery Devices Market, by Product, 2019 - 2022, USD Million
TABLE 76 South Africa Thoracic Surgery Devices Market, by Product, 2023 - 2030, USD Million
TABLE 77 South Africa Thoracic Surgery Devices Market, by End-use, 2019 - 2022, USD Million
TABLE 78 South Africa Thoracic Surgery Devices Market, by End-use, 2023 - 2030, USD Million
TABLE 79 Nigeria Thoracic Surgery Devices Market, 2019 - 2022, USD Million
TABLE 80 Nigeria Thoracic Surgery Devices Market, 2023 - 2030, USD Million
TABLE 81 Nigeria Thoracic Surgery Devices Market, by Surgery Type, 2019 - 2022, USD Million
TABLE 82 Nigeria Thoracic Surgery Devices Market, by Surgery Type, 2023 - 2030, USD Million
TABLE 83 Nigeria Thoracic Surgery Devices Market, by Product, 2019 - 2022, USD Million
TABLE 84 Nigeria Thoracic Surgery Devices Market, by Product, 2023 - 2030, USD Million
TABLE 85 Nigeria Thoracic Surgery Devices Market, by End-use, 2019 - 2022, USD Million
TABLE 86 Nigeria Thoracic Surgery Devices Market, by End-use, 2023 - 2030, USD Million
TABLE 87 Rest of LAMEA Thoracic Surgery Devices Market, 2019 - 2022, USD Million
TABLE 88 Rest of LAMEA Thoracic Surgery Devices Market, 2023 - 2030, USD Million
TABLE 89 Rest of LAMEA Thoracic Surgery Devices Market, by Surgery Type, 2019 - 2022, USD Million
TABLE 90 Rest of LAMEA Thoracic Surgery Devices Market, by Surgery Type, 2023 - 2030, USD Million
TABLE 91 Rest of LAMEA Thoracic Surgery Devices Market, by Product, 2019 - 2022, USD Million
TABLE 92 Rest of LAMEA Thoracic Surgery Devices Market, by Product, 2023 - 2030, USD Million
TABLE 93 Rest of LAMEA Thoracic Surgery Devices Market, by End-use, 2019 - 2022, USD Million
TABLE 94 Rest of LAMEA Thoracic Surgery Devices Market, by End-use, 2023 - 2030, USD Million
TABLE 95 Key Information – Medtronic PLC
TABLE 96 Key Information – Cardiotrack
TABLE 97 Key Information –Intuitive Surgical, Inc.
TABLE 98 Key Information – Richard Wolf GmbH
TABLE 99 Key Information – Grena Ltd
TABLE 100 Key Information – Dextera Surgical inc.
TABLE 101 Key Information – Teleflex, Inc.
TABLE 102 Key Information – Medela AG
TABLE 103 Key Information – LivaNova PLC
TABLE 104 Key Information – Sklar Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Thoracic Surgery Devices Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Thoracic Surgery Devices Market
FIG 4 Porter’s Five Forces Analysis – Thoracic Surgery Devices Market
FIG 5 LAMEA Thoracic Surgery Devices Market, Share by Surgery Type, 2022
FIG 6 LAMEA Thoracic Surgery Devices Market, Share by Surgery Type, 2030
FIG 7 LAMEA Thoracic Surgery Devices Market, by Surgery Type, 2019 - 2030, USD Million
FIG 8 LAMEA Thoracic Surgery Devices Market, Share by Product, 2022
FIG 9 LAMEA Thoracic Surgery Devices Market, Share by Product, 2030
FIG 10 LAMEA Thoracic Surgery Devices Market, by Product, 2019 - 2030, USD Million
FIG 11 LAMEA Thoracic Surgery Devices Market, Share by End-use, 2022
FIG 12 LAMEA Thoracic Surgery Devices Market, Share by End-use, 2030
FIG 13 LAMEA Thoracic Surgery Devices Market, by End-use, 2019 - 2030, USD Million
FIG 14 LAMEA Thoracic Surgery Devices Market, Share by Country, 2022
FIG 15 LAMEA Thoracic Surgery Devices Market, Share by Country, 2030
FIG 16 LAMEA Thoracic Surgery Devices Market, by Country, 2019 - 2030, USD Million
FIG 17 Recent strategies and developments: Medtronic PLC
FIG 18 SWOT Analysis: Medtronic PLC
FIG 19 SWOT Analysis: Cardiotrack
FIG 20 Swot Analysis: Intuitive Surgical, Inc.
FIG 21 SWOT Analysis: Richard Wolf GmbH
FIG 22 SWOT Analysis: Grena Ltd.
FIG 23 SWOT Analysis: Dextera Surgical Inc.
FIG 24 SWOT Analysis: Teleflex, Inc.
FIG 25 SWOT Analysis: Medela AG
FIG 26 SWOT Analysis: LivaNova PLC
FIG 27 SWOT Analysis: Sklar Corporation