Overview of the global airway stents market
Technavio’s market research analysts have identified the increasing prevalence of cancer and respiratory disorders as one of the primary factors that will trigger the growth of the airway stents market in the coming years. Several chronic respiratory disorders, lung cancer, and preliminary conditions such as infections, tuberculosis, lymphoma, and metastatic cancers are leading to the growth of the market. COPD is another type of chronic disorder which blocks the airflow and leads to breathing-related issues such as emphysema and chronic bronchitis and is contributing to the increasing demand for airway stent. Moreover, laryngeal and tracheal stents are gaining traction due to the rising prevalence of lung cancer and are another important factor driving the sales worldwide. Technavio’s market research analysts predict that this global market will post a revenue of around USD 31 million by 2022.
The introduction of 3D printed personalized airway stents is one of the key trends in the airway stents market. The advent of 3D printing in the last two decades has brought revolution in the medical imaging industry. Clinicians and researchers are working on integrating 3 D printing technology into airway stents owing to the ever-changing demand for airway stents. Additionally, the researchers are concentrating on incorporating 3D printing in tissue engineering, procedural planning, and personalized manufacturing of airway stents. 3D printing finds its application in pulmonology.
Companies covered
The airway stents market appears to be concentrated due to the presence of few key vendors. This industry research report offers in-depth analysis of the competitive strategies adopted by the vendors to sustain among the competitors in the tracheal stent market. Technavio’s analysts also study the key market areas along with the product offerings of the vendors in the market.
The report includes an analysis of a number of companies in this marketspace including -
- BD
- Boston Scientific
- Cook
- M.I. TECH
- Merit Medical Endotek
- Novatech
- Teleflex
Segmentation by end-user and analysis of the airway stents market
The hospital's segment accounted for the major share of the tracheal stent market during 2017. Several types of hospitals execute airways stenting procedures like multispecialty hospitals and medium and small-sized hospitals. The large hospitals are financially better stable and have all the advanced technologies. There is a growing demand for airways stents owing to the increasing incidence of benign and malignant disorders in the hospitals.
Geographical segmentation and analysis of the airway stents market
In terms of geography, the Americas accounted for the majority of shares in the tracheal stent market during 2017. However, our analysts predicted that APAC will witness growth in the next five years. The airways stents market is estimated grow steadily in the America due to the increasing incidences of airways obstruction disorders.
Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global airway stents market?
- What are the key market trends impacting the growth of the global airway stents market?
- What are the challenges to market growth?
- Who are the key vendors in the global airway stents market?
- What are the market opportunities and threats faced by the vendors in the global airway stents market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global airway stents market?
Technavio also offers customization on reports based on specific client requirement.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT
- Segmentation by product
- Comparison by product
- Self-expanding airway stents – Market size and forecast 2017-2022
- Bifurcated airway stents – Market size and forecast 2017-2022
- Market opportunity by product
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY END-USER
- Segmentation by end-user
- Hospitals
- ASCs
PART 10: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 13: MARKET TRENDS
- Introduction of 3D printed personalized airway stents
- Specialized tracheal and bronchial stents with X-ray markings
- Paradigm shift toward an endobronchial technique for airway stenting
PART 14: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive landscape
PART 15: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- BD
- Boston Scientific
- Cook
- M.I. TECH
- Merit Medical Endotek
- Novatech
- Teleflex
PART 16: APPENDIX