Global Airway/Lung Stents Market to Reach US$163.8 Million by 2030
The global market for Airway/Lung Stents estimated at US$113.3 Million in the year 2023, is expected to reach US$163.8 Million by 2030, growing at a CAGR of 5.4% over the analysis period 2023-2030. Tracheal Stents, one of the segments analyzed in the report, is expected to record a 5.6% CAGR and reach US$96.6 Million by the end of the analysis period. Growth in the Laryngeal Stents segment is estimated at 5.1% CAGR over the analysis period.
The U.S. Market is Estimated at US$30.8 Million While China is Forecast to Grow at 5.0% CAGR
The Airway/Lung Stents market in the U.S. is estimated at US$30.8 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$25.6 Million by the year 2030 trailing a CAGR of 5.0% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 5.1% and 4.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.
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