Airway Stents Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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Airway Stents Market Report Overview
The airway stents market size was $234.2 million in 2023. The market is expected to grow at a CAGR of more than 2% during 2023-2033. An airway stent, also known as a tracheobronchial stent, is a hollow tube-shaped device inserted into an airway to relieve any obstruction.
Airway Stents Market Outlook, 2023-2033 ($ Million)
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The Airway Stents market research report has been created to understand market behavior, which will help identify quantitative market trends in the general surgery devices therapeutic area. The model discusses in detail the impact of COVID-19 on the airway stents market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing your in-licensing and out-licensing strategies.
Market Size (2023) | $234.2 million |
CAGR (2023-2033) | >2% |
Forecast Period | 2023-2033 |
Historical Period | 2015-2022 |
Key Segments | · Metallic Airway Stents
· Silicone Airway Stents |
Key Regions | · North America
· Europe · Asia Pacific · South Central America · Middle East and Africa |
Leading Companies | · Boston Medical Products Inc
· Boston Scientific Corp · Cook Medical Inc · Lymol Medical Corp · Atrium Medical Corp · Merit Medical Systems Inc · Micro-Tech Nanjing Co Ltd |
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Airway Stents Market Dynamics
The airway stents market is driven by a wide variety of factors, including the growth of aging populations, increasing incidence of lung cancer, respiratory disorders such as benign tracheoesophageal fistula and airway stenosis, infections, and tuberculosis. In addition, airway stents are largely used in patients with chronic conditions, such as chronic obstructive pulmonary disease (COPD). A wide variety of airway stents exist in the medical device market and the device choice is dependent on the patient’s age, cost of the device, and treatment type.
Airway Stents Market Segments
The airway stents market can be segmented into metallic airway stents and silicone airway stents. Metallic airway stents led the airway stents market in 2023. They are mainly referred to as self-expandable metallic stents (SEMS) and are composed of metallic mesh wires. However, expandable metal stents have the advantage of ease of insertion, confirmation to the airway, low inner-to-outer diameter ratio, and stent stability.
Airway Stents Market Analysis by Segments, 2023 (%)
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Airway Stents Market Segmentation by Regions
The key regions in the airway stents market are North America, Europe, Asia-Pacific, South Central America, and the Middle East and Africa. North America dominated the market in 2023. The region is expected to retain this position throughout the forecast period. The US has the largest share of the regional market. Additionally, due to the technological advancements in the market and the approval of new medications, the utilization of airway stents is expected to increase in the region.
Airway Stents Market Analysis by Regions, 2023 (%)
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Airway Stents Market - Competitive Landscape
A few of the leading companies in the airway stents market are:
- Boston Medical Products Inc
- Boston Scientific Corp
- Cook Medical Inc
- Lymol Medical Corp
- Atrium Medical Corp
- Merit Medical Systems Inc
- Micro-Tech Nanjing Co Ltd
Atrium Medical Corp held the largest share of the airway stents market in 2023.
Airway Stents Market Analysis by Companies, 2023 (%)
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Segments Covered in the Report
Airway Stents Segments Outlook (Value, $ Million, 2015-2033)
- Metallic Airway Stents
- Covered Metallic Airway Stents
- Uncovered Metallic Airway Stents
- Silicone Airway Stents
Airway Stents Regional Outlook (Value, $ Million, 2015-2033)
- North America
- Europe
- Asia Pacific
- South Central America
- Middle East and Africa
Key Inclusions
Currently marketed Airway Stents and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total Airway Stents market revenue by segment and market outlooks from 2015-2033.
- Granular data on total procedures, units, average selling prices, and market values by segment.
Global, Regional, and Country level market specific insights –
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Airway Stents market.
- Competitive dynamics insights and trends provided for the Airway Stents market.
Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the market access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered – Bess Group, Boston Scientific Corp, Cook Group Inc, Lymol Medical Corp, Getinge AB, Merit Medical Systems Inc, Micro-Tech Nanjing Co Ltd, and others.
Countries covered – United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This report provides:
- Insightful review of the key industry trends.
- Annualized total Airway Stents market revenue by segment and market outlooks.
- Market-level data on units, average selling prices, and market values.
- Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Airway Stents market.
- Competitive dynamics insights and trends provided for the Airway Stents market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Reasons to Buy
The model will enable you to:
- Understand the impact of COVID-19 on the Airway Stents market.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving the Airway Stents market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Airway Stents market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
- Track device sales in the global and country-specific Airway Stents market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Boston Scientific Corp
Cook Medical Inc
Lymol Medical Corp
Atrium Medical Corp
Merit Medical Systems Inc
Micro-Tech Nanjing Co Ltd
Others
Frequently asked questions
-
What was the airway stents market size in 2023?
The airway stents market size was $234.2 million in 2023.
-
What will the airway stents market growth rate be during the forecast period?
The airway stents market is expected to grow at a CAGR of more than 2% during 2023-2033.
-
Which region held the largest share of the airway stents market in 2023?
North America held the largest airway stents market share in 2023.
-
Which segment held the largest share of the airway stents market in 2023?
Metallic airway stents led the market in 2023.
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Which are the major players operating in the airway stents market?
A few of the leading companies in the airway stents market are Boston Medical Products Inc, Boston Scientific Corp, Cook Medical Inc, Lymol Medical Corp, Atrium Medical Corp, Merit Medical Systems Inc, and Micro-Tech Nanjing Co Ltd, among others.
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