South Korea Airway Stent /Lung Stent Market Size, Share, and COVID-19 Impact Analysis, By Product (Self-Expandable Stent, Balloon-Expandable Stent, and Others), By Materials (Metal, Silicone, and Others), and South Korea Airway Stent /Lung Stent Market Insights, Industry Trend, Forecasts to 2035

South Korea Airway Stent / Lung Stent Market Insights Forecasts to 2035

• The Market Size is Expected to Grow at a CAGR of around 5.4% from 2025 to 2035
• The South Korea Airway Stent /Lung Stent Market Size Is Expected to Hold a Significant Share By 2035

According to a Research Report Published by Spherical Insights & Consulting, the South Korea Airway Stent /Lung Stent Market Size is Anticipated to Grow at a CAGR of 5.4% from 2025 to 2035. The market is driven by the rising prevalence of lung cancer and other respiratory conditions, coupled with advancements in stent technology and a growing geriatric population.

Market Overview

The supply and usage of medical devices intended to maintain the trachea or bronchi open in patients with airway narrowing brought on by diseases, including tumours, scarring, or inflammation, is known as the lung stent (airway stent) market in South Korea. These stents, which are frequently composed of silicone or metal, might be self-expandable, balloon-expandable, or have other specialised designs. The market is expanding in South Korea as a result of increased access to minimally invasive bronchoscopy treatments, better hospital infrastructure, and an increase in the number of patients with respiratory conditions. Additionally, hospitals are being encouraged to invest in high-quality stent products from both local and foreign manufacturers by the nation's emphasis on the use of innovative medical technologies.

Report Coverage

This research report categorizes the market for the South Korea airway stent /lung stent market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea airway stent /lung stent market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea airway stent / lung stent market.

Driving Factors

The need for airway stents is driven by the increasing prevalence of airway illnesses, notably the aftereffects of severe respiratory infections, and the quick uptake of minimally invasive procedures based on bronchoscopy.  In South Korea, increased spending on specialised pulmonology services and hospital infrastructure supports market expansion.

Restraining Factors

Reliance on stents can be decreased by increasing the use of digital/alternative therapies (such as intraluminal therapies, surgical reconstruction, or airway dilatation) and intraoral/digital techniques.

Market Segmentation

The South Korea airway stent / lung stent market share is classified by product and materials

• The self-expandable stent segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea airway stent/lung stent market is segmented by product into self-expandable stents, balloon-expandable stents, and others. Among these, the self-expandable stents segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. They are preferred for bronchial anatomy where conformability and radial force are important, as well as for numerous malignant airway blockages. They can be administered in compact form and consistently expand to fit uneven airways.  Their dominance is maintained by their robust availability from leading device makers and their simplicity of implementation in bronchoscopy processes.

• The metal segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea airway stent/lung stent market is segmented by materials into metal, silicone, and others. Among these, the metal segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The clinicians favour metallic self-expandable stents for a variety of reasons because they provide better radial strength, conformability, and long-term patency in malignant stenosis than silicone.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea airway stent/lung stent market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Boston Scientific Corporation
• Cook Medical
• Taewoong Medical Co., Ltd.
• Novatech SA
• Olympus Corporation
• Teleflex Incorporated
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea airway stent/lung stent market based on the below-mentioned segments:

South Korea Airway Stent / Lung Stent Market, By Product

• Self-Expandable Stent
• Balloon-Expandable Stent
• Others

South Korea Airway Stent / Lung Stent Market, By Materials

• Metal
• Silicone
• Others