Lung Stent Market By Product Type (Self-Expandable Stents, Non-Expandable Stents), By Material (Metallic Stents, Silicone Stents, Hybrid Stents), By Application (Airway Obstructions, Lung Cancer, Chronic Obstructive Pulmonary Disease [COPD]), By End-User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics), and By Region; Global Insights & Forecast (2023 ? 2030)

As per Intent Market Research, the Lung Stent Market was valued at USD 3.7 Billion in 2024-e and will surpass USD 5.8 Billion by 2030; growing at a CAGR of 7.7% during 2025-2030.

The global lung stent market is witnessing robust growth, driven by increasing incidences of respiratory disorders, advancements in stent technology, and a growing aging population prone to pulmonary conditions. Lung stents, primarily utilized to treat airway obstructions, play a critical role in improving patient outcomes by restoring normal airflow. The market's growth is further fueled by rising awareness among healthcare providers and improvements in minimally invasive procedures.

Self-Expandable Stents Are Largest Owing to Versatile Applications

Self-expandable stents dominate the lung stent market due to their flexibility, adaptability, and efficacy in treating complex airway conditions. These stents are widely used in managing airway obstructions caused by lung cancer or chronic obstructive pulmonary disease (COPD). Their ability to expand naturally upon deployment provides effective and long-lasting relief for patients.

Recent advancements in self-expandable stents, such as the use of nitinol and drug-eluting coatings, further enhance their performance, making them a preferred choice among healthcare professionals. Their ease of implantation and compatibility with various airway anatomies contribute significantly to their widespread adoption.

Hybrid Stents Are Fastest Growing Owing to Enhanced Features

Hybrid stents are gaining traction as the fastest-growing segment, combining the benefits of both metallic and silicone materials. These stents address limitations of traditional stents by offering improved flexibility, biocompatibility, and structural integrity, making them ideal for complex and dynamic airway conditions.

The demand for hybrid stents is driven by their growing application in high-risk pulmonary conditions and their ability to reduce complications such as granulation tissue formation. Innovations in hybrid stent design are expected to further propel their adoption in the coming years.

Lung Cancer Application Is Largest Owing to Rising Prevalence

Lung cancer remains the largest application segment in the lung stent market, accounting for a significant share due to its high global prevalence. Lung stents are crucial in palliative care for advanced-stage lung cancer patients, providing relief from airway obstruction and enhancing quality of life.

The increasing number of lung cancer cases, coupled with advancements in diagnostic techniques, has led to early detection and the subsequent use of stents. Additionally, ongoing research into combining stent therapy with targeted cancer treatments is likely to expand their therapeutic applications.

COPD Application Is Fastest Growing Owing to Increasing Disease Burden

The chronic obstructive pulmonary disease (COPD) segment is witnessing rapid growth, fueled by rising global prevalence and the increasing adoption of stents as a supportive therapy. COPD patients often experience airway narrowing or obstruction, which can be effectively managed with stent placement.

The growing geriatric population, coupled with high smoking rates and exposure to pollutants, drives the COPD segment. Innovations in stent design to reduce infection risks and enhance patient comfort are expected to further boost adoption in this segment.

Hospitals Are Largest Owing to Comprehensive Treatment Facilities

Hospitals account for the largest share of the lung stent market, offering comprehensive care and advanced infrastructure for complex procedures. Hospitals are the primary choice for stent implantation, as they provide access to skilled pulmonologists and advanced imaging technologies.

The increasing establishment of multispecialty hospitals in emerging economies, coupled with government initiatives to improve healthcare infrastructure, has bolstered the dominance of hospitals in the lung stent market. Their role in post-operative care also strengthens their position as the leading end-user segment.

Ambulatory Surgical Centers Are Fastest Growing Owing to Convenience

Ambulatory surgical centers (ASCs) are emerging as the fastest-growing end-user segment due to their cost-effectiveness and convenience. These centers offer minimally invasive stent implantation procedures with reduced hospital stay, making them a preferred choice among patients and physicians.

The shift toward outpatient care, coupled with advancements in portable medical equipment and stent delivery systems, has accelerated the adoption of ASCs in the lung stent market. Their rapid growth is further supported by favorable reimbursement policies in developed economies.

North America Is Largest Owing to Advanced Healthcare Infrastructure

North America dominates the lung stent market, driven by advanced healthcare infrastructure, high adoption of innovative medical technologies, and a well-established reimbursement framework. The region's high prevalence of lung cancer and COPD further supports market growth.

The United States, being the largest contributor, benefits from strong research and development activities, leading to the introduction of advanced lung stents. The presence of major market players and a growing focus on minimally invasive procedures enhance the region's leadership.

Competitive Landscape

The lung stent market is characterized by intense competition among leading companies such as Boston Scientific Corporation, Cook Medical, and Merit Medical Systems. These players focus on strategic collaborations, product innovations, and regional expansions to strengthen their market position.

The competitive landscape is also shaped by the entry of emerging players offering cost-effective solutions. Continuous research and development, coupled with regulatory approvals, are expected to foster innovation and drive market growth in the coming years.

The competitive landscape is also shaped by the entry of emerging players offering cost-effective solutions. Continuous research and development, coupled with regulatory approvals, are expected to foster innovation and drive market growth in the coming years.

Recent Developments:

  • Medtronic received FDA approval for its latest bronchial stent, providing enhanced airway support for patients with advanced lung cancer.
  • Cook Medical has partnered with various research institutes to develop innovative hybrid stents, focusing on improving the safety and efficacy of lung stent implants.
  • Teleflex has acquired EndoMed Systems, a move aimed at expanding its product line and strengthening its position in the lung stent market.
  • Olympus Corporation has launched a new airway stent system, offering improved flexibility and ease of use in treating patients with obstructed airways due to COPD and lung cancer.

List of Leading Companies:

  • Boston Scientific Corporation
  • Cook Medical
  • Merit Medical Systems, Inc.
  • Micro-Tech (Nanjing) Co., Ltd.
  • Taewoong Medical Co., Ltd.
  • Novatech SA
  • EFER Endoscopy
  • Olympus Corporation
  • Terumo Corporation
  • Endo-Flex GmbH
  • Stening SRL
  • Hood Laboratories
  • Medtronic PLC
  • BIOTEQUE Corporation
  • Allium Medical

Report Scope:

Report Features

Description

Market Size (2024-e)

USD 3.7 Billion

Forecasted Value (2030)

USD 5.8 Billion

CAGR (2025 – 2030)

7.7%

Base Year for Estimation

2024-e

Historic Year

2023

Forecast Period

2025 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Lung Stent Market By Product Type (Self-Expandable Stents, Non-Expandable Stents), By Material (Metallic Stents, Silicone Stents, Hybrid Stents), By Application (Airway Obstructions, Lung Cancer, Chronic Obstructive Pulmonary Disease [COPD]), By End-User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

Boston Scientific Corporation, Cook Medical, Merit Medical Systems, Inc., Micro-Tech (Nanjing) Co., Ltd., Taewoong Medical Co., Ltd., Novatech SA, EFER Endoscopy, Olympus Corporation, Terumo Corporation, Endo-Flex GmbH, Stening SRL, Hood Laboratories, Medtronic PLC, BIOTEQUE Corporation, Allium Medical

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Lung Stent Market, by Product Type (Market Size & Forecast: USD Million, 2023 – 2030)

   4.1.  Self-Expandable Stents

   4.2. Non-Expandable Stents

5. Lung Stent Market, by Material (Market Size & Forecast: USD Million, 2023 – 2030)

   5.1. Metallic Stents

   5.2.  Silicone Stents

   5.3.  Hybrid Stents

6. Lung Stent Market, by  Application (Market Size & Forecast: USD Million, 2023 – 2030)

   6.1.  Airway Obstructions

   6.2.  Lung Cancer

   6.3. Chronic Obstructive Pulmonary Disease (COPD)

   6.4.  Others

7. Lung Stent Market, by  End-User (Market Size & Forecast: USD Million, 2023 – 2030)

   7.1. Hospitals

   7.2. Ambulatory Surgical Centers

   7.3. Specialty Clinics

8. Regional Analysis (Market Size & Forecast: USD Million, 2023 – 2030)

   8.1. Regional Overview

   8.2. North America

      8.2.1. Regional Trends & Growth Drivers

      8.2.2. Barriers & Challenges

      8.2.3. Opportunities

      8.2.4. Factor Impact Analysis

      8.2.5. Technology Trends

      8.2.6. North America Lung Stent Market, by Product Type

      8.2.7. North America Lung Stent Market, by Material

      8.2.8. North America Lung Stent Market, by  Application

      8.2.9. By Country

         8.2.9.1. US

               8.2.9.1.1. US Lung Stent Market, by Product Type

               8.2.9.1.2. US Lung Stent Market, by Material

               8.2.9.1.3. US Lung Stent Market, by  Application

         8.2.9.2. Canada

         8.2.9.3. Mexico

    *Similar segmentation will be provided for each region and country

   8.3. Europe

   8.4. Asia-Pacific

   8.5. Latin America

   8.6. Middle East & Africa

9. Competitive Landscape

   9.1. Overview of the Key Players

   9.2. Competitive Ecosystem

      9.2.1. Level of Fragmentation

      9.2.2. Market Consolidation

      9.2.3. Product Innovation

   9.3. Company Share Analysis

   9.4. Company Benchmarking Matrix

      9.4.1. Strategic Overview

      9.4.2. Product Innovations

   9.5. Start-up Ecosystem

   9.6. Strategic Competitive Insights/ Customer Imperatives

   9.7. ESG Matrix/ Sustainability Matrix

   9.8. Manufacturing Network

      9.8.1. Locations

      9.8.2. Supply Chain and Logistics

      9.8.3. Product Flexibility/Customization

      9.8.4. Digital Transformation and Connectivity

      9.8.5. Environmental and Regulatory Compliance

   9.9. Technology Readiness Level Matrix

   9.10. Technology Maturity Curve

   9.11. Buying Criteria

10. Company Profiles

   10.1. Boston Scientific Corporation

      10.1.1. Company Overview

      10.1.2. Company Financials

      10.1.3. Product/Service Portfolio

      10.1.4. Recent Developments

      10.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   10.2. Cook Medical

   10.3. Merit Medical Systems, Inc.

   10.4. Micro-Tech (Nanjing) Co., Ltd.

   10.5. Taewoong Medical Co., Ltd.

   10.6. Novatech SA

   10.7. EFER Endoscopy

   10.8. Olympus Corporation

   10.9. Terumo Corporation

   10.10. Endo-Flex GmbH

   10.11. Stening SRL

   10.12. Hood Laboratories

   10.13. Medtronic PLC

   10.14. BIOTEQUE Corporation

   10.15. Allium Medical

11. Appendix

A comprehensive market research approach was employed to gather and analyze data on the Lung Stent Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Lung Stent Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach -

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Lung Stent Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down -

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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