Product Code: ETC6185325 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Australia Minimally Invasive Thoracic Surgery Market is expanding due to an increase in respiratory diseases and lung cancer, as well as the growing shift towards minimally invasive techniques for thoracic surgeries. Minimally invasive thoracic surgery reduces patient trauma, shortens hospital stays, and enhances recovery, making it highly attractive to both patients and clinicians. The market is supported by advancements in video-assisted thoracoscopic surgery (VATS), robotic systems, and specialized instruments that offer high precision during lung and chest cavity surgeries. These factors are expected to drive market growth in the coming years.
The Minimally Invasive Thoracic Surgery market in Australia is growing due to the advantages of smaller incisions, less pain, and shorter recovery periods. Thoracic surgery is often associated with high-risk procedures, and minimally invasive techniques offer a safer alternative for treating lung cancer, pleural disease, and other chest-related conditions. As thoracic surgeons continue to adopt minimally invasive techniques, there is a growing demand for specialized surgical instruments and devices. The market is also being driven by the increasing incidence of respiratory diseases, particularly among the aging population.
Challenges in the minimally invasive thoracic surgery market in Australia include limited access to advanced technologies due to high costs, making them unaffordable for smaller hospitals or clinics. Additionally, there is resistance to adopting new surgical techniques among some practitioners who are accustomed to traditional methods. The market also faces issues related to insurance reimbursement policies, which can limit the affordability of minimally invasive thoracic surgeries. Furthermore, patient awareness and trust in these newer techniques can sometimes hinder widespread adoption.
The Australia Minimally Invasive Thoracic Surgery market presents investment potential in the development of tools and devices for procedures such as lung resections, pleural biopsies, and heart surgeries. Minimally invasive techniques in thoracic surgery, such as video-assisted thoracic surgery (VATS), reduce the recovery time and risk for patients. There is room for innovation in devices that enhance visualization and precision, as well as in systems that provide real-time surgical navigation. Investment in robotic thoracic surgery systems, which promise to offer greater precision and less invasive treatment options, could lead to substantial growth in this sector.
The Australia government supports the use of minimally invasive thoracic surgery technologies as part of its broader strategy to reduce healthcare costs and improve patient outcomes. Medicare provides reimbursement for thoracic surgeries, including those using minimally invasive techniques, helping increase their availability. The TGA ensures that thoracic surgery devices meet safety and efficacy standards. Additionally, government programs such as the MRFF foster innovation in the field, encouraging the development of advanced technologies that make thoracic surgery safer and less invasive.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Minimally Invasive Thoracic Surgery Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Minimally Invasive Thoracic Surgery Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Minimally Invasive Thoracic Surgery Market - Industry Life Cycle |
3.4 Australia Minimally Invasive Thoracic Surgery Market - Porter's Five Forces |
3.5 Australia Minimally Invasive Thoracic Surgery Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Australia Minimally Invasive Thoracic Surgery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Minimally Invasive Thoracic Surgery Market Trends |
6 Australia Minimally Invasive Thoracic Surgery Market, By Types |
6.1 Australia Minimally Invasive Thoracic Surgery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Minimally Invasive Thoracic Surgery Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Australia Minimally Invasive Thoracic Surgery Market Revenues & Volume, By Lobectomy, 2021- 2031F |
6.1.4 Australia Minimally Invasive Thoracic Surgery Market Revenues & Volume, By Wedge Resection, 2021- 2031F |
6.1.5 Australia Minimally Invasive Thoracic Surgery Market Revenues & Volume, By Pneumonectomy, 2021- 2031F |
6.1.6 Australia Minimally Invasive Thoracic Surgery Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Minimally Invasive Thoracic Surgery Market Import-Export Trade Statistics |
7.1 Australia Minimally Invasive Thoracic Surgery Market Export to Major Countries |
7.2 Australia Minimally Invasive Thoracic Surgery Market Imports from Major Countries |
8 Australia Minimally Invasive Thoracic Surgery Market Key Performance Indicators |
9 Australia Minimally Invasive Thoracic Surgery Market - Opportunity Assessment |
9.1 Australia Minimally Invasive Thoracic Surgery Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Australia Minimally Invasive Thoracic Surgery Market - Competitive Landscape |
10.1 Australia Minimally Invasive Thoracic Surgery Market Revenue Share, By Companies, 2024 |
10.2 Australia Minimally Invasive Thoracic Surgery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |