Market Snapshot:
The airway stents is the tube-like structure with with a hollow lumen is introduced in the respiratory airway to open the narrowed airway passage. It is also known as the tracheobronchial prostheses that supports the airway passage. Airway stenting is the palliative therapy for the population suffering from central airway obstruction (CAO) due to malignant lesion, obstructive tracheobronchial diseases, tracheobronchomalacia, relapsing polychondritis, and other reasons. External compression of the airway passage due to lymph nodes or metastatic disease results in obstruction of central airway pipe. These are available in rigid and flexible materials such as metals and silicon.
Segment Analysis
AMA Research have segmented the market of Global Airway Stent / Lung Stent market by Type, Application and Region.
On the basis of geography, the market of Airway Stent / Lung Stent has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
Emergence of biodegradable airway stents
Market Drivers
Rise in prevalence of severe airway diseases and Growing incidence of the lung cancer leading to central airway obstruction (CAO)
Opportunities
High cost of metal and hybrid, promotes the use of silicon airway stent and Emergence of 3D printed airway stents
Restraints
- Granulation tissue formation due to repetitive motion of the stent
In addition to the aforementioned factor, Rise in prevalence of severe airway diseases
is expected to propel the growth of the market over the forecast period.
Competitive Landscape
The market is moderately competitive with the presence of large number of international players
The key Players profiled in the study are Boston Scientific (United States), BD (United States), Taewoong Medical (South Korea), Micro-Tech (Nanjing) (China), Teleflex (United States), Merit Medical Systems (United States), Cook Group (United States), Novatech SA (France), Endo-Flex (Germany) and M.I. Tech (South Korea).