This report provides exclusive insights into the COVID-19 impact on the Lung Stents Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Lung Stents Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Lung Stents Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on lung
stents market provides an in-depth analysis of segments and sub-segments in global
as well as regional lung stents market. The study also highlights the impact of
drivers, restraints and macro indicators on the global and regional lung stents
market over the short term as well as long term. The report is a comprehensive
presentation of trends, forecast and dollar values of global lung stents
market. According to report the global lung stents market was USD 60.5 million
in 2016 and it is projected to reach USD 125 million by 2024 grow at a CAGR of
5.5% over the forecast period of 2018-2024.
A tube shaped device that is called lung
stent or tracheobronchial stent is inserted or placed into the airway. This
tube is made of silicone, metal or a combination of both that is used to open
an airway before or after other therapeutic treatments. These types of tube are
used to treat a number of chronic lung diseases. They can be temporary or
permanent. The acquisition of small and medium-sized enterprises (SMEs) by Boston
Scientific to provide different new product in intervention pulmonology. Boston
Scientific has acquired EndoChoice Holdings a company that manufacturer intervention
pulmonology and gastroenterology products. The lung stent help to lower the
risk of a heart attack because it helps to open the blocked arteries increasing
the blood flow to the heart again.
The demand for lung stent is increasing due
to increasing incidences of lung cancer and the growing elderly population
worldwide. In addition, the new innovation and technology advancement is
driving the growth of this market. 3D printing technology is used to
manufacture drug-coated and patient-specific stents. These stents are coated
with medicine to stop excess tissue growth. Companies are using innovative
technologies to develop advanced stents such as patient-specific. The lack of
skilled professionals and the high cost of the treatment are the restraining factor of this market.
Furthermore, Damage to the blood vessel from the catheter, an infection caused
while inserting the stent and irregular heartbeats are some of the other factors
that may hamper the growth of the market. Lung stent is mostly used in the hospital
to diagnose lung cancer at a later stage to open the blockage. The
manifestation of manufacturers in North America of the stent can also bring
abundant of opportunities in this market.
The report on global lung stents market covers segments such as product type and end users. On the basis of product type the global lung stents
market is categorized into self-expandable, balloon-expandable and
non-expandable. On the basis of end users the global lung stents market is
categorized into hospitals, ambulatory surgery centers and other.
The report provides regional analysis covering geographies such as
North America, Europe, Asia-Pacific, and Rest of the World. In this section, the
key trends and market size for each geography is provided over the period of
2016-2024. The countries covered in the North America region include the U.S.,
Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South
Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and
Rest of Europe are included in the European region. The U.S. drives the growth
in the North America region as it is the largest market in the region. The
Asia-pacific region offers a substantial potential for the market growth owing
to rapid growth in markets such as India and China. The APAC region is
projected to experience growth at a CAGR of x.x% over the period of
The report provides profiles of the companies in the global lung
stents market such as Boston Scientific, Asahi Glass Co. Ltd., 3M Company,
Daikin Industries Ltd, The Chemours Company, Honeywell International, Inc.,
Mexichem S.A.B. de C.V., Compagnie De Saint-Gobain SA, Solvay SA, and E.I. Dupont
DE Nemours & Company.
The report provides deep insights on demand forecasts, market
trends, and micro and macro indicators. In addition, this report provides
insights into the factors that are driving and restraining the global lung stents
market. Moreover, IGR-Growth Matrix analysis given in the report brings an
insight into the investment areas that existing or new market players can
consider. The report provides insights into the market using analytical tools
such as Porter's five forces analysis and DRO analysis of lung stents market.
Moreover, the study highlights current market trends and provides forecast from
2018-2024. We also have highlighted future trends in the lung stents market
that will impact the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players. This report will help manufacturers,
suppliers, and distributors of the lung stents market to understand the present
and future trends in this market and formulate their strategies accordingly.