Global Enteral Stents Market, By Stent Type (Esophageal Stents, Gastroduodenal Stents, Colon Stents), Product Type (Self-Expandable Metal Stents (SEMS), Self-Expandable Plastic Stents (SEPS)), End User (Hospitals, Specialty Clinics, Ambulatory Centers, Research Centers), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Enteral Stents
Enteral stents market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 3,047.56 million by 2028 growing at a CAGR of 6.28% in the above-mentioned forecast period. The growing awareness amongst the physicians and patients regarding the benefits of enteral stents which will further create lucrative opportunities for the growth of the market.
Enteral stents can be defined as stents which are deployed in the stomach, colon and the small bowel. Enteral stents are intended to treat gastrointestinal tract malignant luminal obstruction. Although their use is for palliation of malignant obstruction, they may also be used as a pre-operative modality inside the colon. The lumen of hollow organs, vessels, and ducts are preserved by enteral stents.
Surging volume of patients suffering from cancer and other cardiovascular disorders, increasing prevalence of geriatric population across the globe, changing lifestyle of the people, rise in the need for the effective therapies that will reduce the risk of the complications, increasing use of the removable and fully-covered metal stents in the gastrointestinal applications, rising usage of stents in the non-malignant applications are some of the major as well as vital factors which will likely to augment the growth of the enteral stents market in the projected timeframe of 2021-2028. On the other hand, rising inclination towards the use of minimally-invasive techniques along with growing number of technological advancement which will further contribute by generating massive opportunities that will lead to the growth of the enteral stents market in the above mentioned projected timeframe.
Harmful effects of the products along with some unmet needs related to the products which will likely to act as market restraints factor for the growth of the enteral stents in the above mentioned projected timeframe. Complications associated with enteral stenting will become the biggest and foremost challenge for the growth of the market.
This enteral stents market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on enteral stents market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Enteral Stents Market Scope and Market Size
Enteral stents market is segmented on the basis of product type, stent type and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product type, the enteral stents market is segmented into self-expandable metal stents (SEMS), and self-expandable plastic stents (SEPS). Self-expandable metal stents (SEMS) have been further segmented into uncovered SEMS, partially covered SEMS, and fully covered SEMS.
- Enteral stents market has also been segmented based on the end user into hospitals, specialty clinics, ambulatory centers, and research centers.
- Based on stent type, the enteral stents market is segmented into esophageal stents, gastroduodenal stents, and colon stents. Colon stents have been further segmented into pre-operative decompression and palliation of advanced malignancy.
Global Enteral Stents Market Country Level Analysis
Enteral stents market is analysed and market size insights and trends are provided by country, product type, stent type and end user as referenced above.
The countries covered in the enteral stents market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the enteral stents market due to the growing number of technological advancement, rising prevalence of cancer along with changes in the lifestyle of the people in the region, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2021 to 2028 due to the development of advanced healthcare infrastructure along with increasing per capita expenditure in the region.
The country section of the enteral stents market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Enteral stents market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for enteral stents market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the enteral stents market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Enteral Stents Market Share Analysis
Enteral stents market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to enteral stents market.
The major players covered in the enteral stents market report are Boston Scientific Corporation; Cook; Abbott.; Biosensors International Group, Ltd.; Stryker; Medtronic; B. Braun Melsungen AG; BD.; Cardinal Health.; Terumo Europe NV; TAEWOONG; ELLA - CS, s.r.o.; Merit Medical Systems.; M.I.TECH.; BVM Medical Limited; Changzhou Health Microport Medical Device Co., LTD.; ENDO-FLEX GmbH.; Micro-Tech (Nanjing) Co., Ltd.; Aetna Inc.; GBUK Group Ltd.; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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