Airway stent /lung stent are the devices that are inserted in the airway passage which is usually used by the doctors to treat various chronic lung diseases. These are also known as tracheobronchial prostheses. These are made of materials such as metal, silicon and hybrid. It is of two types, Tracheobronchial Stents and Laryngeal Stents. It is mostly used in hospitals and ambulatory surgical centers. Factors like increasing prevalence of smoking globally have increased the rate of chronic lung diseases.
Market Analysis: Global Airway Stent / Lung Stent Market
Global airway stent/lung stent market is registering a substantial CAGR of 6.58% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market can be attributed due to surge in the number of chronic obstructive pulmonary disease (COPD), asthma, acute respiratory infections, tuberculosis, and lung cancer.
To achieve noteworthy business growth and maximum return on investment (ROI), adopting finest market research report like Airway Stent / Lung Stent is truly beneficial. An expert team conducts systematic, object-oriented and complete market research study to present the facts associated with any subject in the field of marketing via this report. Additionally, this market report incorporates historic data, current market trends, market environment, technological innovation, upcoming technologies and the technical progress in the related industry. In this competitive age, a comprehensive knowledge about the competitive landscape, product range of the competitors, their strategies, and future prospects are very important.
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The global airway stent / lung stent market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of airway stent / lung stent market for global, Europe, North America, Asia Pacific and South America.
Growing focus of market players
The global airway stent/ lung stent market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. The report also covers the market shares for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America bleeding disorder treatment market.
Some of the major players operating in global Airway Stent/ Lung Stent market are Novatech SA, Boston Medical Products, Inc, Boston Scientific Corporation, Taewoong Medical Co., Ltd., Medtronic, Cook, W. L. Gore & Associates, Inc., C. R. Bard, Inc., Microtech Systems, Inc., Teleflex Incorporated, Merit Medical Systems, Inc., Fuji Systems Corp., ENDO-FLEX GmbH, EFER ENDOSCOPY, S&G BIOTECH Inc., HOOD LABORATORIES, Kapitex Healthcare Ltd. among others.
According to Data Bridge Market Research new Market report, “Global Airway Stent/ Lung Stent Market Type (Tracheal Stents, Laryngeal Stents) Product (Self-Expandable Stents, Non-Expandable Stents, Balloon-Expandable Stents), Material (Metal Lung Stents, Silicone Lung Stents, Hybrid Lung Stents) Procedure (Bronchoscopy, Laryngoscopy) Application, End Users, Geography – Industry Trends and Forecast to 2025’’ global airway stent/ lung stent market accounted to USD 76.3 million in 2017 growing at a CAGR of 6.6% during the forecast period of 2018 to 2025.
FACTORS DRIVING GROWTH IN THE AIRWAY STENT/ LUNG STENT MARKET
Rising Geriatric Population
The rising age leads to diseases which include lung disorders, cardiovascular diseases and so on. The According to World Population Ageing, the number of older people generally having age of 60 years or more is expected to increase from 841 million in 2013 to more than 2 billion in 2050. As per Population Reference Bureau, in 2016 the number of Americans between the age bracket of 65 and above was 46 million and this number will be 98 million by 2060. The group share of 65 and older age will rise to 24% from 15%.
Rising Prevalence of Lung Cancer and Other Respiratory Diseases
The leading five respiratory conditions which account for the great burden to society include chronic obstructive pulmonary disease (COPD), asthma, acute respiratory infections, tuberculosis, and lung cancer. Respiratory diseases are the leading causes of death worldwide. According to the WHO, in 2010, smoking is the major cause of about 71.0% of all lung cancer deaths and 42.0% of chronic respiratory disease worldwide. Eurostat shows more than 401 thousand deaths occurred in Europe due to diseases of the respiratory system in 2013. Since these devices can help in preventing complications and various lung and respiratory diseases, the demand is expected to grow in the future.
Table Of Content:
Global Airway Stent / Lung Stent Market Research Report
Chapter 1: Global Airway Stent / Lung Stent Market Overview
Chapter 2: Global Airway Stent / Lung Stent Market Economic Impact
Chapter 3: Competition by Manufacturer
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Airway Stent / Lung Stent Market Analysis by Application
Chapter 8: Global Airway Stent / Lung Stent Market by Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Global Airway Stent / Lung Stent Market Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Global Airway Stent / Lung Stent Market Effect Factors Analysis
Chapter 12: Global Airway Stent / Lung Stent Market Forecast
Chapter 13: Appendix
Browse Detailed TOC, Tables, Figures, Charts and Companies Mentioned in Market Research Report at: https://databridgemarketresearch.com/toc/?dbmr=global-airway-stent-lung-stent-market
Features mentioned in the report
- Changing market dynamics of the industry
- To get a comprehensive overview of the Airway Stent / Lung Stent.
- Historical, current and projected market size in terms of volume and value
- In-depth market segmentation
- Competitive landscape
Focus of the report:
- The study provides an in-depth analysis of the global Airway Stent / Lung Stent market and current & future trends to elucidate imminent investment pockets.
- Changing market dynamics of the industry
- Strategies of key players and product offerings
- In-depth market segmentation
- Recent industry trends and developments
Key questions answered in the Global Airway Stent / Lung Stent Market report include:
- What will be Airway Stent / Lung Stent market share and the forecast for 2019-2025?
- What are the key factors compelling the worldwide Airway Stent / Lung Stent market?
- Who are the key players in the world Airway Stent / Lung Stent industry?
- What are the factors impacting the revenue and production growth of the Airway Stent / Lung Stent market?
- What are the opportunities & challenges in the Airway Stent / Lung Stent industry?
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