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Global Lung Stent Market Report and Forecast 2021-2026

The new report by Expert Market Research titled, ‘Global Lung Stent Market Report and Forecast 2021-2026’, gives an in-depth analysis of global lung stent market, assessing the market based on its types, materials, products, end-uses and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/lung-stent-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

Historical Market Size (2020): USD 86.75 million
Forecast CAGR (2021-2026): 6%
Forecast Market Size (2026): USD 116 million

Growing endoscopic therapy adoption and rising minimally invasive surgery preference. Research and development (R&D) funding for innovation of novel non-vascular stents is spurring the adoption of airway stenting. Additionally, increasing funding on healthcare infrastructure is further promoting the development of well equipped, well-furnished, and advanced healthcare facilities.

Industry Definition and Major Segments

A stent is a hollow pipe that enables the user to breathe better. It can be put into the airway to widen the narrowed passageway.

The global lung stent industry can be broadly categorised based on segments like:

Type:

Tracheobronchial Stents
Laryngeal Stents

Material:

Metal Stents
Nitinol Stents
Stainless Steel
StentsSilicone Stents
Hybrid Stents
Others

Product:

Self-Expandable Stents
Non-Expandable Stents

End-Use:

Hospitals
Ambulatory Surgery Centres

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/lung-stent-market

Market Trends

Simple repositioning and removal of silicone stents, increased hardness, high mechanical strength, and improved flexibility are the characteristics that distinguish this sector from the others. Also advantageous are the fact that these stents are inexpensive, well-tolerated, and possess sufficient strength to withstand extrinsic compression. As a result, the use of these stents is expanding at an unprecedented rate.

The highest share of this market is projected in North America. The dominant position of North America is due mainly to the presence of a number of major hospitals, solid healthcare facilities, increased disease prevalence, growing elderly population and higher health care costs.

Key Market Players

The major players in the market are Boston Scientific Corporation, (NYSE: BSX), Taewoong Medical Co., Ltd., Micro-Tech (Nanjing) Co., Ltd., Bess Aktiengesellschaft (Bess AG), E. Benson Hood Laboratories, Inc., Merit Medical Systems, Inc., Cook Group, Efer Endoscopy and among others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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