The global lung stent market size attained a value of about USD 97.47 million in 2022. The market is expected to grow at a CAGR of 6% during the forecast period of 2023-2031 to attain a value of early USD 164.68 million by 2031. The anticipated market growth can be attributed to the rising prevalence of respiratory disorders such as lung cancer, COPD, and asthma.
Lung stents are typically used to treat patients with conditions such as lung cancer, chronic obstructive pulmonary disease (COPD), and other respiratory disorders that cause narrowing or blockage of the airways. They may also be used to treat complications from certain medical procedures, such as tracheal intubation or lung transplantation.
There are two main types of lung stents: self-expanding stents and balloon-expandable stents. Self-expanding stents are made of metal and expand on their own after being inserted into the airway. Balloon-expandable stents are made of plastic and require inflation with a balloon after insertion.
Lung stents can provide significant relief to patients with blocked airways, improving their ability to breathe and reducing symptoms such as coughing and shortness of breath. However, they are not without risks, and complications such as stent migration, infection, and tissue damage can occur. Lung stents are typically only used in cases where other treatments have failed, and the benefits outweigh the risks.
Geographically, North America and Europe are the largest markets for lung stents, due to the high prevalence of respiratory disorders in these regions and the availability of advanced healthcare infrastructure. The Asia-Pacific region is expected to experience the highest growth rate due to the increasing patient population and improving healthcare infrastructure in countries such as China and India.
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Lung Stent: Introduction
A lung stent is a medical device used to open up a blocked airway in the lungs. It is a tubular structure made of metal or plastic that is inserted into the airway through a bronchoscope. The stent is designed to keep the airway open and allow air to flow freely into and out of the lungs.Lung stents are typically used to treat patients with conditions such as lung cancer, chronic obstructive pulmonary disease (COPD), and other respiratory disorders that cause narrowing or blockage of the airways. They may also be used to treat complications from certain medical procedures, such as tracheal intubation or lung transplantation.
There are two main types of lung stents: self-expanding stents and balloon-expandable stents. Self-expanding stents are made of metal and expand on their own after being inserted into the airway. Balloon-expandable stents are made of plastic and require inflation with a balloon after insertion.
Lung stents can provide significant relief to patients with blocked airways, improving their ability to breathe and reducing symptoms such as coughing and shortness of breath. However, they are not without risks, and complications such as stent migration, infection, and tissue damage can occur. Lung stents are typically only used in cases where other treatments have failed, and the benefits outweigh the risks.
Global Lung Stent Market: Application and Uses
Lung stents are medical devices that are used to treat various respiratory disorders by providing support to the airways, preventing them from collapsing or narrowing. Some of the key applications and uses of lung stents include:- Lung Cancer: Lung stents are commonly used in the treatment of lung cancer to open up blocked airways and improve breathing. They are often used in combination with other treatments such as chemotherapy and radiation therapy
- Chronic Obstructive Pulmonary Disease (COPD): COPD is a group of lung diseases that cause breathing difficulties. Lung stents are used to open up narrowed airways in patients with severe COPD, helping to improve breathing and reduce symptoms
- Bronchial Stenosis: This is a condition in which the airways in the lungs become narrowed or blocked, causing breathing difficulties. Lung stents are used to open up these airways and restore normal breathing
- Tracheal Stenosis: Tracheal stenosis is a condition in which the windpipe becomes narrowed, making it difficult to breathe. Lung stents can be used to open up the trachea and improve breathing
- Endobronchial Tumours: Lung stents are used in the treatment of endobronchial tumours, which can block the airways and cause breathing difficulties. The stent is placed to keep the airways open and improve breathing
Global Lung Stent Market Segmentations
Market segmentation by Type
- Tracheobronchial Stents
- Laryngeal Stents
Market segmentation by Material
Metal Stents
- Nitinol Stents
- Stainless Steel Stains
- Others
- Silicone Stents
- Hybrid Stents
Market segmentation by Product
- Self-Expandable Stents
- Non-Expandable Stents
Market segmentation by End User
- Hospitals
- Ambulatory Surgery Centres
- Others
Global Lung Stent Market Breakup by Region
North America
- United States of America
- Canada
Europe
- United Kingdom
- Germany
- France
- Italy
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Global Lung Stent Market Scenario
The global lung stent market is expected to experience significant growth over the next few years. The market is being driven by several factors, including:- Increasing prevalence of respiratory disorders such as lung cancer, COPD, and asthma
- Advancements in technology and materials used in lung stent manufacturing, which has led to the development of more efficient and biocompatible stents
- Growing demand for minimally invasive procedures that can be performed on an outpatient basis, reducing hospital stays and overall healthcare costs
- Rising adoption of lung stents in emerging markets such as China and India, due to increasing healthcare expenditure and improving healthcare infrastructure
Geographically, North America and Europe are the largest markets for lung stents, due to the high prevalence of respiratory disorders in these regions and the availability of advanced healthcare infrastructure. The Asia-Pacific region is expected to experience the highest growth rate due to the increasing patient population and improving healthcare infrastructure in countries such as China and India.
Key Players in the Global Lung Stent Market
The report gives an in-depth analysis of the key players involved in the global lung stent market. The companies included in the market are as follows:- 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
- Boston Medical Products, Inc
- Novatech SA
- Standard Sci. Tech Inc
- Stening SRL
- ENDO-FLEX GmbH
- Micro-Tech
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Table of Contents
1 Preface
3 Global Lung Stent Market Overview
4 Global Lung Stent Market Landscape
5 Global Lung Stent Market Dynamics
6 Global Lung Stent Market Segmentation
7 North America Lung Stent Market
8 Europe Lung Stent Market
9 Asia Pacific Lung Stent Market
10 Latin America Lung Stent Market
11 Middle East and Africa Lung Stent Market
12 Patent Analysis
13 Grants Analysis
14 Funding Analysis
15 Partnership and Collaborations Analysis
16 Regulatory Framework
17 Supplier Landscape
18 Global Lung Stent Market - Distribution Model (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
21 Payment Methods (Additional Insight)
Companies Mentioned
- 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
- Boston Medical Products, Inc.
- Novatech Sa
- Standard Sci. Tech Inc.
- Stening Srl
- Endo-Flex GmbH
- Micro-Tech
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 140 |
Published | April 2023 |
Forecast Period | 2023 - 2031 |
Estimated Market Value ( USD | $ 103.32 Million |
Forecasted Market Value ( USD | $ 164.68 Million |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |
No. of Companies Mentioned | 13 |