Laryngeal Stents Market Size is valued at USD 45.67 Mn in 2023 and is predicted to reach USD 67.53 Mn by the year 2031 at a 5.12% CAGR during the forecast period for 2024-2031.
Laryngeal stents are airway management medical devices that are used to assist the muscles of the larynx. In other words, these stents are utilized to open up restricted airways caused by lung cancer, tuberculosis, infections, lymphoma, or other inflammatory disorders. One of the initial and important elements driving market expansion is an increase in the government's activities to stimulate the construction of healthcare infrastructure. Another market growth driver is the increasing availability of minimally invasive operations, driven by the rising prevalence of various chronic and inflammatory disorders. Other major reasons to produce profitable market growth prospects include increased demand for customized lung stents, rising medical tourism, and a spike in the development of biodegradable and drug-eluting stents.
However, high treatment costs and the availability of alternative treatments will slow the market's development rate. The industry will face further obstacles due to a need for more medical expertise and professionals, particularly in developing and undeveloped nations, and increased concerns about the problems connected with stents. The government's stringent product approval procedures would also slow market expansion.
The Laryngeal Stents market is segmented based on type and application. Based on type, the market is segmented as Hood Laryngeal Stent and Tubular Laryngeal Stent. By application, the market is segmented into Child and Adult.
The Hood Laryngeal Stent is a growing Laryngeal Stents Market. The category is expected to hold a major share in the global Laryngeal Stents market in 2024—their specific design and effectiveness in treating laryngeal and tracheal disorders. Hood Laryngeal Stents are specifically intended to give a safe and adjustable treatment for patients suffering from laryngeal stenosis or other airway difficulties. Their hooded design aids in maintaining airway patency and lowering the possibility of migration. Due to this design innovation, Hood Laryngeal Stents have become a popular alternative for physicians and healthcare practitioners, particularly in difficult instances. Hood Laryngeal Stents are becoming an important driver of the overall Laryngeal Stents Market as the need for excellent airway control and post-surgical support continues to rise.
The adult segment is projected to grow rapidly in the global Laryngeal Stents market. The rising prevalence of adult laryngeal and tracheal disorders is a major driver of the Laryngeal Stents Market. These abnormalities, which include laryngeal and tracheal stenosis, are frequently caused by severe traumas, malignancies, or chronic diseases. The prevalence of these disorders rises as the adult population ages, necessitating laryngeal stents for airway management and enhanced quality of life. Medical technology advancements and increasing awareness among healthcare professionals contribute to the market's growth. The demand for effective treatments to address adult patients' airway difficulties reinforces adults' role in driving the expansion of the Laryngeal Stents Market.
The North American laryngeal stents market is expected to record the maximum market share in revenue shortly. A well-established healthcare infrastructure, a high prevalence of laryngeal and tracheal diseases, and growing awareness of innovative medical solutions drive this expansion. As age-related airway disorders become increasingly widespread, the region's ageing population plays an important role. Furthermore, North America benefits from ongoing medical research and technology breakthroughs that encourage the use of laryngeal stents as helpful instruments in managing airway difficulties. North America's market expansion reflects the region's commitment to improving patient care and tackling respiratory diseases, significantly contributing to the worldwide Laryngeal Stents Market. In addition, Asia Pacific is estimated to grow rapidly in the global Laryngeal Stents market because of the region's rising prevalence of laryngeal and tracheal diseases, improved healthcare infrastructure, and adoption of new medical technologies.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 45.67 Mn |
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Revenue Forecast In 2031 |
USD 67.53 Mn |
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Growth Rate CAGR |
CAGR of 5.12 % from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Mn, volume (number of units) and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
Type and Application |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
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Competitive Landscape |
Boston Medical Products (bess AG), Hood Laboratories, Stening Srl, Boston Scientific, Cook Medical, Micro-Tech (Nanjing) Co., Ltd., Merit Medical Systems, Inc., Teleflex Incorporated, Others |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Laryngeal Stents Market Snapshot
Chapter 4. Global Laryngeal Stents Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Type Estimates & Trend Analysis
5.1. By Type, & Market Share, 2023 & 2031
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Type:
5.2.1. Hood Laryngeal Stent
5.2.2. Tubular Laryngeal Stent
Chapter 6. Market Segmentation 2: By Application Estimates & Trend Analysis
6.1. By Application & Market Share, 2023 & 2031
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Application:
6.2.1. Child
6.2.2. Adult
Chapter 7. Laryngeal Stents Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Laryngeal Stents Market revenue (US$ Million) estimates and forecasts By Type, 2019-2031
7.1.2. North America Laryngeal Stents Market revenue (US$ Million) estimates and forecasts By Application, 2019-2031
7.1.3. North America Laryngeal Stents Market revenue (US$ Million) estimates and forecasts by country, 2019-2031
7.2. Europe
7.2.1. Europe Laryngeal Stents Market revenue (US$ Million) By Type, 2019-2031
7.2.2. Europe Laryngeal Stents Market revenue (US$ Million) By Application, 2019-2031
7.2.3. Europe Laryngeal Stents Market revenue (US$ Million) by country, 2019-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Laryngeal Stents Market revenue (US$ Million) By Type, 2019-2031
7.3.2. Asia Pacific Laryngeal Stents Market revenue (US$ Million) By Application, 2019-2031
7.3.3. Asia Pacific Laryngeal Stents Market revenue (US$ Million) by country, 2019-2031
7.4. Latin America
7.4.1. Latin America Laryngeal Stents Market revenue (US$ Million) By Type, (US$ Million) 2019-2031
7.4.2. Latin America Laryngeal Stents Market revenue (US$ Million) By Application, (US$ Million) 2019-2031
7.4.3. Latin America Laryngeal Stents Market revenue (US$ Million) by country, 2019-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Laryngeal Stents Market revenue (US$ Million) By Type, (US$ Million) 2019-2031
7.5.2. Middle East & Africa Laryngeal Stents Market revenue (US$ Million) By Application, (US$ Million) 2019-2031
7.5.3. Middle East & Africa Laryngeal Stents Market revenue (US$ Million) by country, 2019-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Boston Medical Products (bess AG) (Switzerland)
8.2.2. Hood Laboratories (U.S)
8.2.3. Stening Srl (Italy)
8.2.4. Boston Scientific
8.2.5. Cook Medical,
8.2.6. Micro-Tech (Nanjing) Co., Ltd.
8.2.7. Merit Medical Systems, Inc.
8.2.8. Teleflex Incorporated
Laryngeal Stents Market By Type-
Laryngeal Stents Market By Application-
Laryngeal Stents Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
