Product Code: CMI6572
The global lung stent market size is expected to reach US$ 333.8 Mn by 2030, from US$ 206.5 Mn in 2023, growing at a CAGR of 7.1% during the forecast period.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023/2024: |
US$ 206.5 Mn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023/2024 to 2030/2031 CAGR: |
7.10% |
2030/2031 Value Projection: |
US$ 333.8 Mn |
Figure 1. Global Lung Stent Market Share (%), by Region, 2023
The lung stent market has been witnessing steady growth over the past few years, mainly due to the increasing prevalence of chronic respiratory diseases globally. Lung stents are small mesh tubes inserted into the airways of the lungs through minimally invasive procedures to relieve blockages. They play a vital role in improving breathing by keeping constricted or collapsed airways open. Growing geriatric populations who are more prone to chronic lung disorders (including lung cancer, chronic obstructive pulmonary disease (COPD), congenital malformations, and injuries) combined with rising air pollution levels in both developed and developing nations have been augmenting the demand for lung stents. However, the risk of complications associated with lung stents and the availability of alternative treatment options may hamper market expansion to some extent.
Market Dynamics:
The global lung stent market is driven by the growing geriatric population susceptible to chronic lung diseases, increasing pollution levels leading to higher respiratory infections and disorders, and the rising prevalence of lung cancer. According to the World Health Organization, COPD affected over 65 million people globally in 2021 and caused over 3 million deaths. Additionally, technological advances facilitating minimally invasive stent placement through advanced delivery systems and accurate placement are further broadening the market potential. However, high costs associated with lung stenting procedures and product development by manufacturers, as well as post-procedure complications like stent migration, are some of the major factors expected to hinder market growth. Meanwhile, ongoing research and development focusing on bioabsorbable stents and 3D-printed customized stents offer lucrative opportunities for lung stent providers.
Key features of the study:
- This report provides an in-depth analysis of the global lung stent market, and provides market size (US$ Mn) and Compound Annual Growth Rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global lung stent market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- The key companies covered as a part of this study include Boston Scientific, Cook Medical, Medtronic, Taewoong Medical, Hospitech, Bess, Endo-Flex, Efer Endoscopy, W. L. Gore & Associates, BD, Edwards Lifesciences, Healthy Medical Corporation, Pulmonx Corporation, Meril Life Sciences Pvt. Ltd and C. R. Bard Inc
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global lung stent market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global lung stent market
Detailed Segmentation:
- By Product Type
- Tracheobronchial Stents
- Esophageal Stents
- Pulmonary Artery Stents
- Lobar Bronchus Stents
- Others (Bronchopleural Fistula Stents, Endobronchial Valves)
- By Material
- Metal Lung Stents
- Silicone Lung Stents
- Hybrid Lung Stents
- Others (Plastic, Biodegradable)
- By Type
- Self-expandable Stents
- Balloon- expandable Stents
- By End User
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
- By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
- Top Companies in the Global Lung Stent Market
- Boston Scientific
- Cook Medical
- Medtronic
- Taewoong Medical
- Hospitech
- Bess
- Endo-Flex
- Efer Endoscopy
- W.L. Gore & Associates
- BD
- Edwards Lifesciences
- Healthy Medical Corporation
- Pulmonx Corporation
- Meril Life Sciences Pvt. Ltd
- C.R. Bard Inc.
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Lung Stent Market Snippet, By Product Type
- Global Lung Stent Market Snippet, By Material
- Global Lung Stent Market Snippet, By Type
- Global Lung Stent Market Snippet, By End User
- Global Lung Stent Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Lung Stent Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Lung Stent Market, By Product Type, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Tracheobronchial Stents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Esophageal Stents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Pulmonary Artery Stents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Lobar Bronchus Stents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Others (Bronchopleural Fistula Stents, Endobronchial Valves)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
6. Global Lung Stent Market, By Material, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Metal Lung Stents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Silicone Lung Stents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Hybrid Lung Stents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Others (Plastic, Biodegradable)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
7. Global Lung Stent Market, By Type, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Self-expandable Stents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Balloon- expandable Stents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
8. Global Lung Stent Market, By End User, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Specialty Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
9. Global Lung Stent Market, By Region, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- South Africa
- North Africa
- Central Africa
10. Competitive Landscape
- Boston Scientific
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Cook Medical
- Medtronic
- Taewoong Medical
- Hospitech
- Bess
- Endo-Flex
- Efer Endoscopy
- W.L. Gore & Associates
- BD
- Edwards Lifesciences
- Healthy Medical Corporation
- Pulmonx Corporation
- Meril Life Sciences Pvt. Ltd
- C.R. Bard Inc.
- Analyst Views
11. Section
- Research Methodology
- About us