Product Code: ETC8845815 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippines is witnessing a rise in minimally invasive thoracic surgeries, particularly for lung cancer, esophageal disorders, and cardiac conditions. Techniques such as video-assisted thoracoscopic surgery (VATS) and robotic-assisted procedures are being adopted to reduce patient trauma and improve post-operative recovery. The availability of advanced surgical tools and government initiatives to modernize healthcare services are boosting market growth.
The minimally invasive thoracic surgery market in the Philippines is expanding as hospitals adopt video-assisted thoracoscopic surgery (VATS) and robotic-assisted techniques to treat lung cancer, esophageal disorders, and other thoracic conditions. These procedures offer reduced surgical trauma, lower complication rates, and faster recovery times. Growing awareness among patients and improvements in healthcare infrastructure support market growth. However, limited access to specialized thoracic surgeons and the high cost of robotic-assisted surgeries continue to be challenges.
Thoracic surgery in the Philippines faces challenges related to high procedural costs and limited surgeon expertise. Minimally invasive techniques require specialized equipment and training, which are not widely available in all hospitals. Many patients are also unaware of the benefits of minimally invasive thoracic surgery, leading to lower demand. The cost of equipment maintenance and imports further adds to the financial burden on healthcare facilities.
The growing adoption of minimally invasive thoracic procedures in the Philippines presents significant investment opportunities. The increasing prevalence of lung diseases, coupled with advancements in surgical technologies, is driving demand for specialized equipment and robotic-assisted surgical systems. Investors can explore opportunities in the supply of endoscopic instruments, imaging systems, and training programs for surgeons. Partnerships with hospitals and healthcare providers can further accelerate market growth.
The Philippine government, through the Department of Health (DOH) and the Food and Drug Administration (FDA), enforces strict regulations on thoracic surgery devices and procedures to ensure patient safety. Public hospitals receive government support for acquiring advanced minimally invasive thoracic surgical equipment. Policies encourage training programs for medical professionals to enhance expertise in non-invasive thoracic procedures. Import regulations mandate that foreign surgical devices comply with Philippine medical safety standards.
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 Philippines Minimally Invasive Thoracic Surgery Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Minimally Invasive Thoracic Surgery Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Minimally Invasive Thoracic Surgery Market - Industry Life Cycle |
3.4 Philippines Minimally Invasive Thoracic Surgery Market - Porter's Five Forces |
3.5 Philippines Minimally Invasive Thoracic Surgery Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Philippines Minimally Invasive Thoracic Surgery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Minimally Invasive Thoracic Surgery Market Trends |
6 Philippines Minimally Invasive Thoracic Surgery Market, By Types |
6.1 Philippines Minimally Invasive Thoracic Surgery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Minimally Invasive Thoracic Surgery Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Minimally Invasive Thoracic Surgery Market Revenues & Volume, By Lobectomy, 2021- 2031F |
6.1.4 Philippines Minimally Invasive Thoracic Surgery Market Revenues & Volume, By Wedge Resection, 2021- 2031F |
6.1.5 Philippines Minimally Invasive Thoracic Surgery Market Revenues & Volume, By Pneumonectomy, 2021- 2031F |
6.1.6 Philippines Minimally Invasive Thoracic Surgery Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Minimally Invasive Thoracic Surgery Market Import-Export Trade Statistics |
7.1 Philippines Minimally Invasive Thoracic Surgery Market Export to Major Countries |
7.2 Philippines Minimally Invasive Thoracic Surgery Market Imports from Major Countries |
8 Philippines Minimally Invasive Thoracic Surgery Market Key Performance Indicators |
9 Philippines Minimally Invasive Thoracic Surgery Market - Opportunity Assessment |
9.1 Philippines Minimally Invasive Thoracic Surgery Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Philippines Minimally Invasive Thoracic Surgery Market - Competitive Landscape |
10.1 Philippines Minimally Invasive Thoracic Surgery Market Revenue Share, By Companies, 2024 |
10.2 Philippines Minimally Invasive Thoracic Surgery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |