Lung Stent Industry Overview:
The global airway stent/lung stent market is projected to reach USD 120 million by 2024 from USD 87 million in 2019, at a CAGR of 6.7%. In 2018, Boston Scientific Corporation (US) and Novatech SA (France) ranked as the top two players in the airway stent/lung stent market.
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Factors such as increasing prevalence of lung cancer and chronic respiratory diseases and increasing preference for minimally invasive procedures are expected to drive the growth of the airway/lung stents market. The need for customized lung stents and the ability to print stents using current 3D printing technologies are expected to create growth opportunities for this market.
The tracheobronchial stents segment is expected to account for the largest share of the airway stent/lung stent market.
Based on type, the airway stent/lung stent market is categorized into tracheobronchial and laryngeal stents. the tracheobronchial segment is expected to account for the largest share of the airway/lung stent market.
Hospitals will account for the largest share of the airway stent/lung stent market
Based on end user, the airway stent/lung stent market is segmented into hospitals and ambulatory surgical centers. the hospitals segment will dominate the airway/lung stents market.
North America is expected to dominate the market
The dominant share of North America is attributed mainly to the presence of several large hospitals, robust healthcare infrastructure, rising prevalence of diseases, growing geriatric population, and the rising healthcare expenditure.
Some prominent players in the global Lung Stent Market Include:
The key players operating in the airway stent/lung stent market include Boston Scientific Corporation (US), Taewoong Medical Co., Ltd. (South Korea), Micro-Tech (Nanjing) Co., Ltd. (China), Novatech SA (France), Boston Medical Products, Inc. (US), E. Benson Hood Laboratories, Inc. (US), Merit Medical Systems, Inc. (US), Cook Group (US), EFER ENDOSCOPY (France), ENDO-FLEX GmbH (Germany), Standard Sci. Tech Inc. (South Korea), and Stening SRL (Argentina), among others.
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Lung Stent Market Segmentation
The research report categorizes the airway stent/lung stent market into the following segments and subsegments:
Airway Stent /Lung Stent Market, By Type
Tracheobronchial Stents
Laryngeal Stents
Airway Stent/Lung Stent Market, By Material
Metal Stents
Nitinol Stents
Stainless Steel Stents
Other Metal Stents*
Silicone Stents
Hybrid Stents
Airway Stent/Lung Stent Market, By Product
Self-expandable Stents
Non-expandable Stents
Airway Stent/Lung Stent Market, By End User
Hospitals
Ambulatory Surgical Centers
Airway Stent/Lung Stent market, by Region
North America
US
Canada
Europe
Germany
UK
France
Italy
Spain
Rest of Europe (RoE)
Asia Pacific
China
Japan
India
Rest of Asia Pacific (RoAPAC)
Latin America
The Middle East and Africa
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