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