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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.
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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.
A stent is a hollow pipe which can be inserted in the airway to widen the narrow area and help you breathe.
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The global lung stent industry can be broadly categorised based on segments like types, materials, products, end-uses, and regions.
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.
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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.
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:
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 Opportunities and Challenges in the Market
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 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America Lung Stent Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Lung Stent Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Lung Stent Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Lung Stent Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Lung Stent Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Boston Scientific Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Taewoong Medical Co., Ltd.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Micro-Tech (Nanjing) Co., Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Bess Medizintechnik Gmbh
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 E. Benson Hood Laboratories, Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Merit Medical Systems, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Cook Group Incorporated
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
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
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.
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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