Lung Stents Market 2017 - Cook Medical, ENDO-FLEX, Boston Scientific Corporation, Novatech SA, Teleflex, Covidien, Taewoong Medical, W.L. Gore & Associates, C.R. Bard, S&G Biotech, Changzhou Health Microport Medical Device, EFER ENDOSCOPYand others.

Global market trend:

The global lung stents market is expected to reach USD 154.8 million by 2027, growing at a CAGR of 7.0% from 2017 – 2027. Factors such as increasing incidence of respiratory diseases caused due to tobacco smoking, drinking and unhealthy lifestyle along with growing demand for minimally invasive surgeries. Furthermore, increased cases of lung cancer globally are expected to boost the growth of lung stents market. According to estimates of the American Cancer Society, approximately 222,500 new cases of lung cancer occurred in the United States in 2017, thereby driving the market growth.

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Segment Analysis:
Based on material, the global lung stents market has been segmented intometal, silicon and hybrid. Metal stents have occupied the largest share in the global market owing factors such as minimal migration after placement, and resistance of extrinsic compression.

Based on end-user, the lung stents market has been categorized into hospitals, surgery centers and others. The market for hospitals capture more than half of the global share due to greater frequency of airway management procedures specifically occurring in hospitals and effective reimbursement scenario for lung stenting processes in most developed regions.

Geographical Analysis:

Based on geography, the lung stents market has been segmented into North America, Europe, Asia Pacific, Latin America and Rest of the World. North America is dominating the global market owing to increasing number of lung cancer cases, rising number of geriatric population, and presence of numerous companies which deals in the manufacturing of various types of lung stents.

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Asia Pacific is expected to witness the highest growth rate during the forecast period, owing to factors such as growing population in countries like China and India, rapid adoption of novel and innovative stents and related products, and sophisticated healthcare infrastructures.
Key Market Players:

Key market players operating in the global lung stentsmarket are Cook Medical, ENDO-FLEX, Boston Scientific Corporation, Novatech SA, Teleflex, Covidien, Taewoong Medical, W.L. Gore & Associates, C.R. Bard, S&G Biotech, Changzhou Health Microport Medical Device, EFER ENDOSCOPYand others.

Segments Covered:
• Product Segment (Revenue, USD Million, 2015 – 2027)
• Tracheal stents
• Laryngeal stents

Material Segment (Revenue, USD Million, 2015 – 2027)
• Metal
• Silicone
• Hybrid

End-user Segment (Revenue, USD Million, 2015 – 2027)
• Hospitals
• Surgery centers
• Others

Regional Segment (Revenue, USD Million, 2015 – 2027)
• North America
o U.S.
o Canada
• Europe
o U.K.
o Germany
o France
• Asia Pacific
o Japan
o China
o India
• Latin America
o Brazil
o Mexico
• MEA
o South Africa

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