If we are ever hit with a Semi-Auto ban then yes, because lever actions will become the default all purpose rifle (Jeff Cooper's 'street sweeper' - a 336 with a 16" barrel and tritium illumn'd ghost rings sights comes to mind). If not, then probably still yes, because it is a design that cannot be killed, sort of like the M1911. Will they be production rifles? Perhaps not.
I fear that guns will go the way of say, fine swords and the like, presentation items not considered to have a practical use that are bespoke, hand crafted pieces whose price limits them to the rich and connected. If this does happen then guns of the "old west" will be quite popular because the cowboy mythology will endure as long as America does and perhaps even beyond that.