MARKET OVERVIEW
Airway/lung stents are used majorly for the treatment of airway or lung diseases. Furthermore, healthcare providers are accepting bronchoscopy as the procedure in the placement of stents during the treatment. Airway or lung stents are facing various challenges in form of complications such as stent infection, migration, and granulation tissue. Hence, companies are adopting new technologies such as biodegradable stents, drug-eluting airway stents and 3D printing for the products.
MARKET SCOPE
The "Global Airway or Lung Stents Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the airway or lung stents market with detailed market segmentation by product, type, material, procedure, end user, and geography. The report provides key statistics on the market status of the leading airway or lung stents market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- ? The product segment includes, self-expandable stents, non-expandable stents, and balloon-expandable stents. The type segment consists, tracheal stents and laryngeal stents.
? The type segment consists, tracheal stents and laryngeal stents.
? By material, the airway/lung stents market is segmented into metal stents, silicone stents and hybrid stents. The metal stents market is further classified into, nitinol stents and stainless steel stents.
? The procedure segment consists of bronchoscopy and laryngoscopy. The bronchoscopy is further classified as, lung cancer, oesophageal cancer, thyroid cancer, metastases, inflammatory lesions, vascular compression, tracheobronchial malacia, primary airway tumors, and rigid bronchoscopy.
? By application, the airway/lung stents market is segmented into metal stents, silicone stents and hybrid stents. The metal stents market is further classified into, nitinol stents and stainless steel stents
? By end user, the airway/lung stents market is segmented into hospitals, ambulatory surgical centers and others.
MARKET DYNAMICS
Drivers:
- ? Growing elderly population
? Rising preference for minimally invasive procedures
? Increasing prevalence of lung cancer and other respiratory diseases
? Increase in health care infrastructure
? Need for customized lung stents
? Development of biodegradable and drug-eluting lung stents
Restraints
- ? Associated complication of using these stents
? Increase in the availability of alternative treatments
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The airway or lung stents market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the airway or lung stents market in these regions.
IMPACT OF COVID-19 ON AIRWAY OR LUNG STENTS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the airway or lung stents market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from airway or lung stents market are anticipated to lucrative growth opportunities in the future with the rising demand for airway or lung stents in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the airway or lung stents market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ? Boston Scientific Corporation
? Cook
? Teleflex Incorporated
? HOOD LABORATORIES
? M.I.TECH
? Fuji Systems Corp.
? Novatech SA
? Merit Medical Endotek
? EFER ENDOSCOPY
? Kapitex Healthcare Ltd
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.