Global Airway Stent/Lung Stent Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Growth Forecast: 2019–2028

                                          
Global Airway Stent/Lung Stent Market 2021: By Type (Tracheal Stents, Laryngeal Stents), By Product Type (Self-Expandable Stents, Non-Expandable Stents, Balloon-Expandable Stents), By Material (Metal Lung Stents), By End User (Hospitals, Ambulatory Surgery Centres, Others)

Global Airway Stent/Lung Stent Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global airway stent/lung stent testing market report has been segmented on the basis of type, product type, end user, and region.Request Covid - 19 Impact

Global Airway Stent/Lung Stent Market: Overview

Lung or airway stents are produced using metal, nitinol, stainless steel, silicon, hybrid, and other materials. Stents are tube-shaped devices, and some include tracheobronchial stent, which is inserted or placed into an airway for the treatment of Chronic Obstructive Pulmonary Disease (COPD).

Global Airway Stent/Lung Stent Market: Dynamics

Increasing adoption of therapeutic treatments such as bronchoscopy, endoscopic therapy, and chemotherapies owing to rising geriatric population, prevalence of lung cancer and other respiratory diseases and disorders are among some of the key factors expected to drive growth of the global airway stent/lung stent market.

Some major factors that could hamper market growth include poor reimbursement policies in certain countries. Lack of healthcare professionals to operate the procedure, and lack of proper healthcare infrastructure and required resources in developing countries.

Global Airway Stent/Lung Stent Market: Segment Analysis

Among the type segments, the tracheal stents segment is expected to contribute major share in the global airway stent/lung stent market, owing to high adoption of bronchial stents and tracheal in the treatment of COPD, resulting in increasing demand for tracheal stents, which in turn is expected to drive revenue growth of this segment in the target market over the forecast period.

Out of the available material types, the metal lung stent segment dominates the global market in terms of revenue contribution currently. Advantages of metal stents include thinner walls than other stents, ease of insertion, and lower risk of migration. These are among some of the major factors expected to drive revenue growth of this segment in the target market.

Among the product type segments, the expandable stents segment is expected to account a higher revenue share as compared to other segments. Key factor driving growth of this segment is benefits offered such as easy insertion in bronchoscopy procedures and low risk of any complication and availability of expandable stents in small size.

Global Airway Stent/Lung Stent Market: Region Analysis

Currently, the North America market accounts for major revenue share in the global market, and is projected to maintain its dominance over the forecast period. Presence of large number of hospitals, rising prevalence of diseases and disorders, growing geriatric population, and rising healthcare expenditure in the countries in the region are some of the factors driving growth of the market in North America. Furthermore, the market in Asia Pacific is expected to register highest growth rate over the forecast period.

North America market is expected to be followed by Europe market, which is also projected to register significant revenue growth in global airway stent/lung stent market. This growth can be attributable to increasing number of new product launches with added innovation, increasing healthcare expenditure by government and increasing number of individuals having chronic diseases, coupled with rising need for treatment using stents.

NOVATECH®, GSS™, DUMON ®, TRACHEOBRONXANE®, Optimos™, Uventa™, Niti-S™, SPAXUS™, NAGI™, BUMPY™, Polyflex™, Dynamic™, Alair™, CRE™, Ultraflex™ are the brands covered in this Airway Stent/Lung Stent report.

Below are the active patents related to Airway Stent/Lung Stent Market.

Patent Number: US20160338822A1

Artifical implantable bronchus

Abstract

Implantable artificial bronchi for the treatment of chronic obstructive pulmonary diseases, such as pulmonary emphysema. The implantable artificial bronchus can be made with silicone or nitinol. The embodiments of this invention may be further associated with a one-way valve.

Type: Grant

Filed: 2016-05-17

Date of Patent: 2016-11-24

Assignee : Pulmair Medical Inc

Below are the leading companies profiled in this Airway Stent/Lung Stent Market Report:

  
Bess Medizintechnik GmbH (A Bess Group Company)
  
Bess Pro GmbH (A Bess Group Company)
  
Boston Medical Products, Inc. (A Bess Group Company)
  
Boston Scientific Corporation
  
C. R. Bard, Inc. (A Becton Dickinson Co.)
  
Cook Medical, Inc.
  
E. Benson Hood Laboratories, Inc.
  
Efer Endoscopy
  
ENDO-FLEX GmbH
  
Fuji Systems Corp.
  
Hood Laboratories
  
I. Tech
  
Kapitex Healthcare, Ltd. (A subsidiary of TRACOE Medical GmbH)
  
Leufen Medical GmbH (A Bess Group Company)
  
Meditek Systems Pvt. Ltd.
  
Merit Medical Systems, Inc.
  
Micro-Tech (Nanjing) Co., Ltd.
  
Novatech SA (A Bess Group Company)
  
S&G Biotech, Inc.
  
Scitech Korea, Inc.
  
Standard Sci. Tech Inc.
  
Stening SRL
  
Taewoong Medical Co., Ltd.
  
Teleflex, Inc.

Global Airway Stent/Lung Stent Market Segmentation:

Segmentation by Type

  
Tracheal Stents
  
Laryngeal Stents

Segmentation by Product Type

  
Self-Expandable Stents
  
Non-Expandable Stents
  
Balloon-Expandable Stents

Segmentation by Material

Metal Lung Stents

  
Nitinol Lung Stents
  
Stainless Steel Lung Stents
  
Others

Silicone Lung Stents
Hybrid Lung Stents

Segmentation by End User

  
Hospitals
  
Ambulatory Surgery Centres
  
Others
This research comprehensively answers the following 9 important questions:

  
Q.1. What are some of the most promising growth trends in the Airway Stent/Lung Stent market worldwide?
  
Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
  
Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth region?
  
Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Airway Stent/Lung Stent market?
  
Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Airway Stent/Lung Stent market?
  
Q.6.What are the emerging trends post COVID-19 reshuffle in this Airway Stent/Lung Stent market and the what are reasons behind these trends and do they translate in global exploration?
  
Q.7. Who are the major global and regional players in the Airway Stent/Lung Stent market? Which are the strategic initiatives key players are pursuing for business growth?
  
Q.8.Which are the competing products in Airway Stent/Lung Stent market and how big of a threat do they pose for loss of market share by material or product substitution?
  
Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Airway Stent/Lung Stent industry?