Global Lung Stents Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Self-Expandable Stents , Non-Expandable Stents and Balloon-Expandable Stents.

By Material;

Metal Lung Stents - Nitinol Lung Stents, Stainless Steel Lung Stents and Other Metal Lung Stents, Silicone Lung Stents and Hybrid Lung Stents.

By Procedure;

Bronchoscopy - Flexible Bronchoscopy and Rigid Bronchoscopy, Laryngoscopy.

By End Users;

Hospitals , Ambulatory Surgery Centers and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn153911960 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Lung Stents Market (USD Million), 2021 - 2031

In the year 2024, the Global Lung Stents Market was valued at USD 7,621.82 million. The size of this market is expected to increase to USD 12,048.10 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.8%.

The global lung stents market is experiencing significant growth, driven by an increasing prevalence of respiratory diseases and advancements in medical technology. Lung stents, which are used to keep the airways open in patients suffering from conditions such as tracheal stenosis, lung cancer, and chronic obstructive pulmonary disease (COPD), have become crucial in pulmonary care. As these conditions become more common worldwide due to factors like aging populations, pollution, and smoking, the demand for effective and minimally invasive treatment options is rising, thus boosting the lung stents market.

Technological advancements have played a pivotal role in enhancing the effectiveness and safety of lung stents. Innovations such as drug-eluting stents, which release medication to prevent scar tissue formation, and biodegradable stents, which gradually dissolve after serving their purpose, are setting new standards in patient care. These innovations are not only improving patient outcomes but also expanding the potential applications of lung stents. Moreover, the integration of advanced imaging techniques with stenting procedures has improved the precision of stent placements, further driving market growth.

Geographically, the lung stents market is witnessing varied growth patterns. North America and Europe currently dominate the market, attributable to their advanced healthcare infrastructure, high awareness among patients and healthcare providers, and significant investments in research and development. However, emerging economies in Asia-Pacific, Latin America, and the Middle East are poised for substantial growth. Increasing healthcare expenditure, growing awareness about advanced medical treatments, and improving healthcare infrastructure in these regions are contributing to the market's expansion.

The competitive landscape of the global lung stents market is characterized by the presence of several key players striving to enhance their product offerings and market reach. Companies are engaging in strategic partnerships, mergers, and acquisitions to strengthen their market position and expand their product portfolios. Additionally, there is a strong focus on research and development activities aimed at introducing innovative stent designs and materials. This competitive environment is fostering innovation and pushing the boundaries of what is possible in pulmonary care, ultimately benefiting patients with more effective and safer treatment options.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Material
    3. Market Snapshot, By Procedure
    4. Market Snapshot, By End Users
  4. Global Lung Stents Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing COPD prevalence
        2. Aging population growth
        3. Technological advancements surge
        4. Rising healthcare expenditure
        5. Growing smoking rates
      2. Restraints
        1. High treatment costs
        2. Limited product awareness
        3. Stringent regulatory policies
        4. Complications post-procedure risks
        5. Insufficient reimbursement schemes
      3. Opportunities
        1. Emerging markets potential
        2. Innovation in materials
        3. Growing telehealth adoption
        4. Expanding geriatric care
        5. Increasing clinical trials
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Lung Stents Market, By Product, 2021 - 2031 (USD Million)
      1. Self-Expandable Stents
      2. Non-Expandable Stents
      3. Balloon-Expandable Stents
    2. Global Lung Stents Market, By Material, 2021 - 2031(USD Million)
      1. Metal Lung Stents
        1. Nitinol Lung Stents
        2. Stainless Steel Lung Stents
        3. Other Metal Lung Stents
      2. Silicone Lung Stents
      3. Hybrid Lung Stents
    3. Global Lung Stents Market, By Procedure, 2021 - 2031 (USD Million)
      1. Bronchoscopy
        1. Flexible Bronchoscopy
        2. Rigid Bronchoscopy
      2. Laryngoscopy
    4. Global Lung Stents Market, By End Users, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgery Centers
      3. Others
    5. Global Lung Stents Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Boston Scientific
      2. C.R. Bard
      3. Taewoong Medical
      4. Micro-Tech (Nanjing)
      5. Teleflex
      6. Merit Medical Systems
      7. Cook Group
      8. Novatech Sa
      9. Endo-Flex
      10. M.I. Tech
      11. Efer Endoscopy
      12. Fuji Systems
  7. Analyst Views
  8. Future Outlook of the Market