Product Code: ETC13329602 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Lung Stent Market was valued at USD 1.4 Billion in 2024 and is expected to reach USD 2.04 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).
The global lung stent market is experiencing steady growth due to the rising prevalence of respiratory disorders such as lung cancer, chronic obstructive pulmonary disease (COPD), and asthma. Lung stents are used to open airways in the lungs, allowing patients to breathe more easily and improving their quality of life. Technological advancements in stent design and materials, along with an aging population and increasing air pollution levels, are driving market expansion. Key players in the market include Boston Scientific Corporation, Novatech SA, and Taewoong Medical Co., Ltd., who are constantly innovating to develop stents that are more effective and less invasive. The Asia-Pacific region is expected to witness significant growth in the lung stent market due to the increasing healthcare infrastructure and the high prevalence of respiratory diseases in countries like China and India.
The Global Lung Stent Market is experiencing growth driven by the increasing prevalence of respiratory diseases such as lung cancer, COPD, and asthma. Technological advancements in stent design and materials have improved the effectiveness and safety of lung stents, leading to a rise in adoption rates. The market is also benefiting from the aging population and the growing demand for minimally invasive procedures. Opportunities exist for market players to expand their product offerings, develop innovative stent designs, and focus on emerging markets with unmet medical needs. Additionally, partnerships and collaborations with healthcare providers and research institutions can help drive further advancements in lung stent technology and enhance market penetration.
The Global Lung Stent Market faces several challenges, including limited awareness about the benefits of lung stents among healthcare professionals and patients, regulatory hurdles in different regions, and the high cost associated with lung stent procedures. Additionally, the lack of skilled professionals trained in performing lung stent placement procedures can hinder market growth. Furthermore, the relatively small patient population who are eligible for lung stent placement due to strict criteria and the risks associated with the procedure pose challenges for market expansion. Overall, overcoming these challenges will require increased education and training programs, streamlined regulatory processes, and advancements in technology to make lung stent procedures more accessible and cost-effective for patients globally.
The Global Lung Stent Market is primarily driven by the increasing prevalence of respiratory disorders such as chronic obstructive pulmonary disease (COPD), lung cancer, and asthma. The rising geriatric population, who are more susceptible to these respiratory conditions, is also contributing to the market growth. Additionally, advancements in technology leading to the development of innovative stents with improved efficacy and safety are driving the market further. Moreover, the growing awareness about minimally invasive procedures for treating respiratory diseases and the increasing adoption of bronchoscopic procedures are fueling the demand for lung stents. Furthermore, the rising healthcare expenditure and improving healthcare infrastructure in developing countries are expected to propel the growth of the Global Lung Stent Market in the coming years.
Government policies related to the Global Lung Stent Market vary by country, but generally focus on regulating the safety, efficacy, and quality of lung stents to ensure patient health and well-being. Regulatory bodies such as the FDA in the United States and the European Medicines Agency in the EU have established guidelines for the approval and marketing of lung stents, requiring manufacturers to conduct rigorous testing and provide evidence of product safety and effectiveness. Additionally, government healthcare programs and insurance coverage play a role in determining patient access to lung stent procedures and devices, impacting market demand and adoption. Continued monitoring and updates to regulations are essential to keep pace with advancements in technology and address potential risks or concerns in the lung stent market.
The Global Lung Stent Market is expected to witness steady growth in the coming years, driven by the increasing prevalence of respiratory diseases such as lung cancer, chronic obstructive pulmonary disease (COPD), and asthma. Technological advancements in stent design and materials, coupled with rising adoption of minimally invasive procedures, are likely to fuel market expansion. Additionally, the growing aging population and the rising awareness about early diagnosis and treatment of respiratory disorders are anticipated to further boost market growth. However, challenges such as stringent regulatory requirements and the high cost associated with stent implantation procedures may hinder market growth to some extent. Overall, the Global Lung Stent Market is poised for growth, with opportunities for innovation and market expansion in the forecast period.
In the global lung stent market, Asia Pacific is expected to witness significant growth due to the rising prevalence of respiratory diseases and increasing healthcare expenditure in countries like China and India. North America is anticipated to dominate the market, driven by advanced healthcare infrastructure and high adoption of innovative medical technologies. Europe is also a key market for lung stents, with a growing elderly population and increasing cases of lung cancer. The Middle East and Africa region is projected to experience moderate growth due to improving healthcare facilities and rising awareness about respiratory diseases. In Latin America, the market is poised for steady expansion, supported by government initiatives to enhance healthcare services and a growing focus on improving patient outcomes in the region.
Global Lung Stent Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Lung Stent Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Lung Stent Market Revenues & Volume, 2021 & 2031F |
3.3 Global Lung Stent Market - Industry Life Cycle |
3.4 Global Lung Stent Market - Porter's Five Forces |
3.5 Global Lung Stent Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Lung Stent Market Revenues & Volume Share, By Stent Type, 2021 & 2031F |
3.7 Global Lung Stent Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Global Lung Stent Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Lung Stent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Lung Stent Market Trends |
6 Global Lung Stent Market, 2021 - 2031 |
6.1 Global Lung Stent Market, Revenues & Volume, By Stent Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Lung Stent Market, Revenues & Volume, By Self-Expanding Stents, 2021 - 2031 |
6.1.3 Global Lung Stent Market, Revenues & Volume, By Balloon-Expandable Stents, 2021 - 2031 |
6.1.4 Global Lung Stent Market, Revenues & Volume, By Non-Expandable Stents, 2021 - 2031 |
6.2 Global Lung Stent Market, Revenues & Volume, By Material, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Lung Stent Market, Revenues & Volume, By Metal, 2021 - 2031 |
6.2.3 Global Lung Stent Market, Revenues & Volume, By Silicone, 2021 - 2031 |
6.2.4 Global Lung Stent Market, Revenues & Volume, By Hybrid, 2021 - 2031 |
6.3 Global Lung Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Lung Stent Market, Revenues & Volume, By Hospitals, 2021 - 2031 |
6.3.3 Global Lung Stent Market, Revenues & Volume, By Specialty Clinics, 2021 - 2031 |
6.3.4 Global Lung Stent Market, Revenues & Volume, By Ambulatory Surgical Centers, 2021 - 2031 |
7 North America Lung Stent Market, Overview & Analysis |
7.1 North America Lung Stent Market Revenues & Volume, 2021 - 2031 |
7.2 North America Lung Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Lung Stent Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Lung Stent Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Lung Stent Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Lung Stent Market, Revenues & Volume, By Stent Type, 2021 - 2031 |
7.4 North America Lung Stent Market, Revenues & Volume, By Material, 2021 - 2031 |
7.5 North America Lung Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Lung Stent Market, Overview & Analysis |
8.1 Latin America (LATAM) Lung Stent Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Lung Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Lung Stent Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Lung Stent Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Lung Stent Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Lung Stent Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Lung Stent Market, Revenues & Volume, By Stent Type, 2021 - 2031 |
8.4 Latin America (LATAM) Lung Stent Market, Revenues & Volume, By Material, 2021 - 2031 |
8.5 Latin America (LATAM) Lung Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Lung Stent Market, Overview & Analysis |
9.1 Asia Lung Stent Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Lung Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Lung Stent Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Lung Stent Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Lung Stent Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Lung Stent Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Lung Stent Market, Revenues & Volume, By Stent Type, 2021 - 2031 |
9.4 Asia Lung Stent Market, Revenues & Volume, By Material, 2021 - 2031 |
9.5 Asia Lung Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Lung Stent Market, Overview & Analysis |
10.1 Africa Lung Stent Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Lung Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Lung Stent Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Lung Stent Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Lung Stent Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Lung Stent Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Lung Stent Market, Revenues & Volume, By Stent Type, 2021 - 2031 |
10.4 Africa Lung Stent Market, Revenues & Volume, By Material, 2021 - 2031 |
10.5 Africa Lung Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Lung Stent Market, Overview & Analysis |
11.1 Europe Lung Stent Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Lung Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Lung Stent Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Lung Stent Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Lung Stent Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Lung Stent Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Lung Stent Market, Revenues & Volume, By Stent Type, 2021 - 2031 |
11.4 Europe Lung Stent Market, Revenues & Volume, By Material, 2021 - 2031 |
11.5 Europe Lung Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Lung Stent Market, Overview & Analysis |
12.1 Middle East Lung Stent Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Lung Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Lung Stent Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Lung Stent Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Lung Stent Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Lung Stent Market, Revenues & Volume, By Stent Type, 2021 - 2031 |
12.4 Middle East Lung Stent Market, Revenues & Volume, By Material, 2021 - 2031 |
12.5 Middle East Lung Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Lung Stent Market Key Performance Indicators |
14 Global Lung Stent Market - Export/Import By Countries Assessment |
15 Global Lung Stent Market - Opportunity Assessment |
15.1 Global Lung Stent Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Lung Stent Market Opportunity Assessment, By Stent Type, 2021 & 2031F |
15.3 Global Lung Stent Market Opportunity Assessment, By Material, 2021 & 2031F |
15.4 Global Lung Stent Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Lung Stent Market - Competitive Landscape |
16.1 Global Lung Stent Market Revenue Share, By Companies, 2024 |
16.2 Global Lung Stent Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |