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Global Lung Stent Market: By Type: Tracheobronchial Stents, Laryngeal Stents; By Material: Metal Stents, Silicone Stents; Hybrid Stents; By Product: Self-Expandable Stents, Non-Expandable Stents; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments

Global Lung Stent Market Outlook

The global lung stent market was valued at nearly USD 86.75 million in 2020. The industry is further expected to grow at a CAGR of 6% during the forecast period of 2023-2028.

 

Global Lung Stent Market

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The global lung stent industry is being driven by the growing incidences of lung cancer and respiratory problems, the development of biodegradable stent, and the increased demand for customised lung stents.

 

Market Segmentation

A stent is a hollow pipe which can be inserted in the airway to widen the narrow area and help you breathe.

 

Global Lung Stent Market By Type

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The global lung stent industry can be broadly categorised based on segments like types, materials, products, end-uses, and regions.

  • Type:
    • Tracheobronchial Stents 
    • Laryngeal Stents
  • Material:
    • Metal Stents 
    • Nitinol Stents
    • Stainless Steel Stents
    • Others
    • Silicone Stents 
    • Hybrid Stents
  • Product:
    • Self-Expandable Stents 
    • Non-Expandable Stents
  • End-Use:
    • Hospitals
    • Ambulatory Surgery Centres

The EMR report looks into the regional lung stent markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Lung Stent Market By Region

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Market Analysis

The increasing prevalence of lung cancer and chronic respiratory disorders globally, coupled with the growing preference for minimally invasive procedures, are some of the factors contributing to the growth of the global lung stent industry. The growing preference for customised lung stent is further aiding the industry growth. However, the risk associated with the use of these stents, coupled with the increasing availability of alternative therapies, can hamper the industry growth over the forecast period. Region-wise, North America accounted for the largest share of this market in 2020 owing to the presence of advanced technology and large hospitals, and robust healthcare infrastructure.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global lung stent market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Boston Scientific Corporation
  • Taewoong Medical Co., Ltd.
  • Micro-Tech (Nanjing) Co., Ltd.
  • Bess Medizintechnik Gmbh
  • E. Benson Hood Laboratories, Inc.
  • Merit Medical Systems, Inc.
  • Cook Group Incorporated
  • Others

The EMR report gives an in-depth insight into the lung stent market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Material, Product, End Use, Region
Breakup by Type Tracheobronchial Stents, Laryngeal Stents
Breakup by Material Metal Stents, Silicon Stents, Hybrid Stents
Breakup by Product Self-Expandable Stents, Non-Expandable Stents
Breakup by End Use Hospitals, Ambulatory Surgery Centres
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Boston Scientific Corporation, Taewoong Medical Co., Ltd., Micro-Tech (Nanjing) Co., Ltd., Bess Medizintechnik Gmbh, E. Benson Hood Laboratories, Inc., Merit Medical Systems, Inc., Cook Group Incorporated, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Lung Stent Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Lung Stent Historical Market (2018-2022) 
    8.3    Global Lung Stent Market Forecast (2023-2028)
    8.4    Global Lung Stent Market by Type
        8.4.1    Tracheobronchial Stents
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Laryngeal Stents
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    8.5    Global Lung Stent Market by Material
        8.5.1    Metal Stents
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
                8.5.1.3.1    Metal Stents by Type
                8.5.1.3.2    Nitinol Stents
                8.5.1.3.3    Stainless Steel Stents
                8.5.1.3.4    Others
        8.5.2    Silicon Stents
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Hybrid Stents
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
    8.6    Global Lung Stent Market by Product
        8.6.1    Self-Expandable Stents
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Non-Expandable Stents
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
    8.7    Global Lung Stent Market by End Use
        8.7.1    Hospitals
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022)
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Ambulatory Surgery Centres
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
    8.8    Global Lung Stent Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2022)
        9.1.2    Forecast Trend (2023-2028)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2022)
        9.2.2    Forecast Trend (2023-2028)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2022)
        9.3.2    Forecast Trend (2023-2028)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2022)
        9.4.2    Forecast Trend (2023-2028)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2022)
        9.5.2    Forecast Trend (2023-2028)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Boston Scientific Corporation
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Taewoong Medical Co., Ltd.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3     Micro-Tech (Nanjing) Co., Ltd.
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Bess Medizintechnik Gmbh
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    E. Benson Hood Laboratories, Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6     Merit Medical Systems, Inc.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7     Cook Group Incorporated
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Others
13    Industry Events and Developments


List of Key Figures and Tables

1.    Global Lung Stent Market: Key Industry Highlights, 2018 and 2028
2.    Global Lung Stent Historical Market: Breakup by Type (USD Million), 2018-2022
3.    Global Lung Stent Market Forecast: Breakup by Type (USD Million), 2023-2028
4.    Global Lung Stent Historical Market: Breakup by Material (USD Million), 2018-2022
5.    Global Lung Stent Market Forecast: Breakup by Material (USD Million), 2023-2028
6.    Global Lung Stent Historical Market: Breakup by Product (USD Million), 2018-2022
7.    Global Lung Stent Market Forecast: Breakup by Product (USD Million), 2023-2028
8.    Global Lung Stent Historical Market: Breakup by End Use (USD Million), 2018-2022
9.    Global Lung Stent Market Forecast: Breakup by End Use (USD Million), 2023-2028
10.    Global Lung Stent Historical Market: Breakup by Region (USD Million), 2018-2022
11.    Global Lung Stent Market Forecast: Breakup by Region (USD Million), 2023-2028
12.    North America Lung Stent Historical Market: Breakup by Country (USD Million), 2018-2022
13.    North America Lung Stent Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Europe Lung Stent Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Europe Lung Stent Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Asia Pacific Lung Stent Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Asia Pacific Lung Stent Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Latin America Lung Stent Historical Market: Breakup by Country (USD Million), 2018-2022
19.    Latin America Lung Stent Market Forecast: Breakup by Country (USD Million), 2023-2028
20.    Middle East and Africa Lung Stent Historical Market: Breakup by Country (USD Million), 2018-2022
21.    Middle East and Africa Lung Stent Market Forecast: Breakup by Country (USD Million), 2023-2028
22.    Global Lung Stent Market Structure

Key Questions Answered in the Report

In 2020, the global lung stent market attained a value of nearly USD 86.75 million.

The market is projected to grow at a CAGR of 6% between 2021 and 2026.

The major drivers of the market include the growing incidences of lung cancer and respiratory problems, the development of biodegradable stent, and the increased demand for customised lung stents.

The increasing prevalence of lung cancer and chronic respiratory disorders globally is a major industry trend aiding the market growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Tracheobronchial stents and laryngeal stents are the leading types in the industry.

The leading materials in the market are metal stents, silicone stents, and hybrid stents.

Self-expandable and non-expandable stents are the leading products in the industry.

Hospitals and ambulatory surgery centres are the end-use sectors for the industry.

The major players in the industry are Boston Scientific Corporation, Taewoong Medical Co., Ltd., Micro-Tech (Nanjing) Co., Ltd., Bess Medizintechnik Gmbh, E. Benson Hood Laboratories, Inc., Merit Medical Systems, Inc., and Cook Group Incorporated, among others.

Analyst Review

The global lung stent market attained a value of USD 86.75 million in 2020, driven by the increase in the growing incidences of lung cancer and respiratory problems, the development of biodegradable stent, and the increased demand for customised lung stents. The market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 6%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the lung stent industry can be segmented into tracheobronchial stents and laryngeal stents. On the basis of materials, the market is divided into metal stents, silicone stents, and hybrid stents. Based on its product, the lung stent industry can be segmented into self-expandable and non-expandable stents. On the basis of end uses, the market is divided into hospitals and ambulatory surgery centres. The major regional markets for lung stent are North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The key players in the above market include Boston Scientific Corporation, Taewoong Medical Co., Ltd., Micro-Tech (Nanjing) Co., Ltd., Bess Medizintechnik Gmbh, E. Benson Hood Laboratories, Inc., Merit Medical Systems, Inc., and Cook Group Incorporated, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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