Airway Stent Market was valued at USD 1.8 Billion in 2022 and is projected to reach USD 3.2 Billion by 2030, growing at a CAGR of 7.7% from 2024 to 2030.
The airway stent market has experienced significant growth from 2018 to 2022, with demand for these devices increasing due to the rising prevalence of respiratory diseases and advancements in medical technology. Airway stents, used to keep airways open in patients with conditions like chronic obstructive pulmonary disease (COPD), asthma, and certain types of cancer, have seen steady market growth driven by a surge in endoscopic procedures, technological improvements, and growing awareness about respiratory disorders. The market was valued at USD 240 million in 2020 and has shown steady growth across various regions. During this period, innovations such as biocompatible and drug-eluting stents have further contributed to the market's expansion. Stent types, including silicone, metallic, and biodegradable variants, have seen demand based on factors like patient needs, procedure types, and ease of use.
However, the market outlook from 2023 to 2033 is poised to witness a shift in dynamics. Several factors are expected to influence the demand, including the rise of personalized medicine, emerging markets, and the increasing adoption of minimally invasive procedures. Demand for airway stents is expected to grow at a CAGR of 7.4% from 2023 to 2033, with advanced technological solutions such as 3D-printed stents, which are tailored to individual patient anatomy, gaining traction. Furthermore, the growing prevalence of chronic respiratory diseases, particularly in aging populations in North America and Europe, is likely to drive the market forward. The expansion of healthcare infrastructure in emerging economies like Asia Pacific, Latin America, and the Middle East, along with improved access to healthcare, is also expected to create new avenues for the airway stent market.
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Boston Scientific
C.R. Bard
Taewoong Medical
Micro-Tech (Nanjing)
Teleflex
Merit Medical Systems
Cook Group
Novatech Sa
Endo-Flex
M.I. Tech
Efer Endoscopy
Fuji Systems
Hood Laboratories
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Airway Stent Market
Hospitals
Ambulatory Surgery Centres
Based on Types the Market is categorized into Below types that held the largest Airway Stent market share In 2023.
Tracheal Stents
Laryngeal Stents
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Airway Stent Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Airway Stent Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Airway Stent Market, By Type
6. Global Airway Stent Market, By Application
7. Global Airway Stent Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Airway Stent Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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