Global Thoracic Surgery Market Research Report 2023

Thoracic surgery is a procedure to treat medical conditions involving heart and lungs. It includes therapies such as redo heart surgery, aortic dissection for aortic surgery, minimally invasive mitral valve repair and replacement, and endovascular repair of thoracic aortic aneurysms.

The global Thoracic Surgery market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Rise in incidence of cardiac disorders, increase in geriatric population, and lower invasiveness than many traditional surgical procedures are expected to drive the market growth. In addition, advantages of this surgery, such as reduced pain, low blood loss, low risk of infection, and faster healing with shorter hospitalization, supplement the growth. However, dearth of skilled practitioners and stringent regulatory services may hinder the market growth. Growth in use of MRI in cardiac applications, usage of bio-absorbable and self-expandable stents, and potential in emerging nations are expected to present opportunities for market development.

This report aims to provide a comprehensive presentation of the global market for Thoracic Surgery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thoracic Surgery.

The Thoracic Surgery market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Thoracic Surgery market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Thoracic Surgery companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Thoracic Surgery Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Coronary Artery Bypass Grafting (CABG)

1.2.3 Heart Valve Repair

1.2.4 Transcatheter Heart Valve Replacement (TAVR)

1.2.5 Left Atrial Appendage (LAA) Closure

1.2.6 Thoracic Endovascular Aortic Repair (TEVAR)

1.3 Market by Application

1.3.1 Global Thoracic Surgery Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Hospitals

1.3.3 Clinics

1.3.4 Others

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Thoracic Surgery Market Perspective (2018-2029)

2.2 Thoracic Surgery Growth Trends by Region

2.2.1 Global Thoracic Surgery Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Thoracic Surgery Historic Market Size by Region (2018-2023)

2.2.3 Thoracic Surgery Forecasted Market Size by Region (2024-2029)

2.3 Thoracic Surgery Market Dynamics

2.3.1 Thoracic Surgery Industry Trends

2.3.2 Thoracic Surgery Market Drivers

2.3.3 Thoracic Surgery Market Challenges

2.3.4 Thoracic Surgery Market Restraints

3.1 Global Top Thoracic Surgery Players by Revenue

3.1.1 Global Top Thoracic Surgery Players by Revenue (2018-2023)

3.1.2 Global Thoracic Surgery Revenue Market Share by Players (2018-2023)

3.2 Global Thoracic Surgery Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Thoracic Surgery Revenue

3.4 Global Thoracic Surgery Market Concentration Ratio

3.4.1 Global Thoracic Surgery Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Thoracic Surgery Revenue in 2022

3.5 Thoracic Surgery Key Players Head office and Area Served

3.6 Key Players Thoracic Surgery Product Solution and Service

3.7 Date of Enter into Thoracic Surgery Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Thoracic Surgery Historic Market Size by Type (2018-2023)

4.2 Global Thoracic Surgery Forecasted Market Size by Type (2024-2029)

5.1 Global Thoracic Surgery Historic Market Size by Application (2018-2023)

5.2 Global Thoracic Surgery Forecasted Market Size by Application (2024-2029)

6.1 North America Thoracic Surgery Market Size (2018-2029)

6.2 North America Thoracic Surgery Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Thoracic Surgery Market Size by Country (2018-2023)

6.4 North America Thoracic Surgery Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Thoracic Surgery Market Size (2018-2029)

7.2 Europe Thoracic Surgery Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Thoracic Surgery Market Size by Country (2018-2023)

7.4 Europe Thoracic Surgery Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Thoracic Surgery Market Size (2018-2029)

8.2 Asia-Pacific Thoracic Surgery Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Thoracic Surgery Market Size by Region (2018-2023)

8.4 Asia-Pacific Thoracic Surgery Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Thoracic Surgery Market Size (2018-2029)

9.2 Latin America Thoracic Surgery Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Thoracic Surgery Market Size by Country (2018-2023)

9.4 Latin America Thoracic Surgery Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Thoracic Surgery Market Size (2018-2029)

10.2 Middle East & Africa Thoracic Surgery Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Thoracic Surgery Market Size by Country (2018-2023)

10.4 Middle East & Africa Thoracic Surgery Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Boston Scientific

11.1.1 Boston Scientific Company Detail

11.1.2 Boston Scientific Business Overview

11.1.3 Boston Scientific Thoracic Surgery Introduction

11.1.4 Boston Scientific Revenue in Thoracic Surgery Business (2018-2023)

11.1.5 Boston Scientific Recent Development

11.2 Medtronic

11.2.1 Medtronic Company Detail

11.2.2 Medtronic Business Overview

11.2.3 Medtronic Thoracic Surgery Introduction

11.2.4 Medtronic Revenue in Thoracic Surgery Business (2018-2023)

11.2.5 Medtronic Recent Development

11.3 Abbott

11.3.1 Abbott Company Detail

11.3.2 Abbott Business Overview

11.3.3 Abbott Thoracic Surgery Introduction

11.3.4 Abbott Revenue in Thoracic Surgery Business (2018-2023)

11.3.5 Abbott Recent Development

11.4 AtriCure

11.4.1 AtriCure Company Detail

11.4.2 AtriCure Business Overview

11.4.3 AtriCure Thoracic Surgery Introduction

11.4.4 AtriCure Revenue in Thoracic Surgery Business (2018-2023)

11.4.5 AtriCure Recent Development

11.5 BioVentrix

11.5.1 BioVentrix Company Detail

11.5.2 BioVentrix Business Overview

11.5.3 BioVentrix Thoracic Surgery Introduction

11.5.4 BioVentrix Revenue in Thoracic Surgery Business (2018-2023)

11.5.5 BioVentrix Recent Development

11.6 C. R. Bard

11.6.1 C. R. Bard Company Detail

11.6.2 C. R. Bard Business Overview

11.6.3 C. R. Bard Thoracic Surgery Introduction

11.6.4 C. R. Bard Revenue in Thoracic Surgery Business (2018-2023)

11.6.5 C. R. Bard Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Thoracic Surgery Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Coronary Artery Bypass Grafting (CABG)

    Table 3. Key Players of Heart Valve Repair

    Table 4. Key Players of Transcatheter Heart Valve Replacement (TAVR)

    Table 5. Key Players of Left Atrial Appendage (LAA) Closure

    Table 6. Key Players of Thoracic Endovascular Aortic Repair (TEVAR)

    Table 7. Global Thoracic Surgery Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 8. Global Thoracic Surgery Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 9. Global Thoracic Surgery Market Size by Region (2018-2023) & (US$ Million)

    Table 10. Global Thoracic Surgery Market Share by Region (2018-2023)

    Table 11. Global Thoracic Surgery Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 12. Global Thoracic Surgery Market Share by Region (2024-2029)

    Table 13. Thoracic Surgery Market Trends

    Table 14. Thoracic Surgery Market Drivers

    Table 15. Thoracic Surgery Market Challenges

    Table 16. Thoracic Surgery Market Restraints

    Table 17. Global Thoracic Surgery Revenue by Players (2018-2023) & (US$ Million)

    Table 18. Global Thoracic Surgery Market Share by Players (2018-2023)

    Table 19. Global Top Thoracic Surgery Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Thoracic Surgery as of 2022)

    Table 20. Ranking of Global Top Thoracic Surgery Companies by Revenue (US$ Million) in 2022

    Table 21. Global 5 Largest Players Market Share by Thoracic Surgery Revenue (CR5 and HHI) & (2018-2023)

    Table 22. Key Players Headquarters and Area Served

    Table 23. Key Players Thoracic Surgery Product Solution and Service

    Table 24. Date of Enter into Thoracic Surgery Market

    Table 25. Mergers & Acquisitions, Expansion Plans

    Table 26. Global Thoracic Surgery Market Size by Type (2018-2023) & (US$ Million)

    Table 27. Global Thoracic Surgery Revenue Market Share by Type (2018-2023)

    Table 28. Global Thoracic Surgery Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 29. Global Thoracic Surgery Revenue Market Share by Type (2024-2029)

    Table 30. Global Thoracic Surgery Market Size by Application (2018-2023) & (US$ Million)

    Table 31. Global Thoracic Surgery Revenue Market Share by Application (2018-2023)

    Table 32. Global Thoracic Surgery Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 33. Global Thoracic Surgery Revenue Market Share by Application (2024-2029)

    Table 34. North America Thoracic Surgery Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 35. North America Thoracic Surgery Market Size by Country (2018-2023) & (US$ Million)

    Table 36. North America Thoracic Surgery Market Size by Country (2024-2029) & (US$ Million)

    Table 37. Europe Thoracic Surgery Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 38. Europe Thoracic Surgery Market Size by Country (2018-2023) & (US$ Million)

    Table 39. Europe Thoracic Surgery Market Size by Country (2024-2029) & (US$ Million)

    Table 40. Asia-Pacific Thoracic Surgery Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 41. Asia-Pacific Thoracic Surgery Market Size by Region (2018-2023) & (US$ Million)

    Table 42. Asia-Pacific Thoracic Surgery Market Size by Region (2024-2029) & (US$ Million)

    Table 43. Latin America Thoracic Surgery Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 44. Latin America Thoracic Surgery Market Size by Country (2018-2023) & (US$ Million)

    Table 45. Latin America Thoracic Surgery Market Size by Country (2024-2029) & (US$ Million)

    Table 46. Middle East & Africa Thoracic Surgery Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 47. Middle East & Africa Thoracic Surgery Market Size by Country (2018-2023) & (US$ Million)

    Table 48. Middle East & Africa Thoracic Surgery Market Size by Country (2024-2029) & (US$ Million)

    Table 49. Boston Scientific Company Detail

    Table 50. Boston Scientific Business Overview

    Table 51. Boston Scientific Thoracic Surgery Product

    Table 52. Boston Scientific Revenue in Thoracic Surgery Business (2018-2023) & (US$ Million)

    Table 53. Boston Scientific Recent Development

    Table 54. Medtronic Company Detail

    Table 55. Medtronic Business Overview

    Table 56. Medtronic Thoracic Surgery Product

    Table 57. Medtronic Revenue in Thoracic Surgery Business (2018-2023) & (US$ Million)

    Table 58. Medtronic Recent Development

    Table 59. Abbott Company Detail

    Table 60. Abbott Business Overview

    Table 61. Abbott Thoracic Surgery Product

    Table 62. Abbott Revenue in Thoracic Surgery Business (2018-2023) & (US$ Million)

    Table 63. Abbott Recent Development

    Table 64. AtriCure Company Detail

    Table 65. AtriCure Business Overview

    Table 66. AtriCure Thoracic Surgery Product

    Table 67. AtriCure Revenue in Thoracic Surgery Business (2018-2023) & (US$ Million)

    Table 68. AtriCure Recent Development

    Table 69. BioVentrix Company Detail

    Table 70. BioVentrix Business Overview

    Table 71. BioVentrix Thoracic Surgery Product

    Table 72. BioVentrix Revenue in Thoracic Surgery Business (2018-2023) & (US$ Million)

    Table 73. BioVentrix Recent Development

    Table 74. C. R. Bard Company Detail

    Table 75. C. R. Bard Business Overview

    Table 76. C. R. Bard Thoracic Surgery Product

    Table 77. C. R. Bard Revenue in Thoracic Surgery Business (2018-2023) & (US$ Million)

    Table 78. C. R. Bard Recent Development

    Table 79. Research Programs/Design for This Report

    Table 80. Key Data Information from Secondary Sources

    Table 81. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Thoracic Surgery Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Thoracic Surgery Market Share by Type: 2022 VS 2029

    Figure 3. Coronary Artery Bypass Grafting (CABG) Features

    Figure 4. Heart Valve Repair Features

    Figure 5. Transcatheter Heart Valve Replacement (TAVR) Features

    Figure 6. Left Atrial Appendage (LAA) Closure Features

    Figure 7. Thoracic Endovascular Aortic Repair (TEVAR) Features

    Figure 8. Global Thoracic Surgery Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 9. Global Thoracic Surgery Market Share by Application: 2022 VS 2029

    Figure 10. Hospitals Case Studies

    Figure 11. Clinics Case Studies

    Figure 12. Others Case Studies

    Figure 13. Thoracic Surgery Report Years Considered

    Figure 14. Global Thoracic Surgery Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 15. Global Thoracic Surgery Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 16. Global Thoracic Surgery Market Share by Region: 2022 VS 2029

    Figure 17. Global Thoracic Surgery Market Share by Players in 2022

    Figure 18. Global Top Thoracic Surgery Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Thoracic Surgery as of 2022)

    Figure 19. The Top 10 and 5 Players Market Share by Thoracic Surgery Revenue in 2022

    Figure 20. North America Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 21. North America Thoracic Surgery Market Share by Country (2018-2029)

    Figure 22. United States Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. Canada Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. Europe Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. Europe Thoracic Surgery Market Share by Country (2018-2029)

    Figure 26. Germany Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. France Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. U.K. Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Italy Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Russia Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Nordic Countries Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Asia-Pacific Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Asia-Pacific Thoracic Surgery Market Share by Region (2018-2029)

    Figure 34. China Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Japan Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. South Korea Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Southeast Asia Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. India Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Australia Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Latin America Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Latin America Thoracic Surgery Market Share by Country (2018-2029)

    Figure 42. Mexico Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Brazil Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Middle East & Africa Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Middle East & Africa Thoracic Surgery Market Share by Country (2018-2029)

    Figure 46. Turkey Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Saudi Arabia Thoracic Surgery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 48. Boston Scientific Revenue Growth Rate in Thoracic Surgery Business (2018-2023)

    Figure 49. Medtronic Revenue Growth Rate in Thoracic Surgery Business (2018-2023)

    Figure 50. Abbott Revenue Growth Rate in Thoracic Surgery Business (2018-2023)

    Figure 51. AtriCure Revenue Growth Rate in Thoracic Surgery Business (2018-2023)

    Figure 52. BioVentrix Revenue Growth Rate in Thoracic Surgery Business (2018-2023)

    Figure 53. C. R. Bard Revenue Growth Rate in Thoracic Surgery Business (2018-2023)

    Figure 54. Bottom-up and Top-down Approaches for This Report

    Figure 55. Data Triangulation

    Figure 56. Key Executives Interviewed