Enteral Stents Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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Enteral Stents Market Overview
The Enteral Stents market size was valued at $198.3 million in 2023 and is forecast to grow at a CAGR of more than 5% during 2023 and 2033. Enteral stents are a palliative measure, used in patients who are at risk of suffering from a blocked gastrointestinal passage. Those who are at risk are usually suffering from esophageal, pancreatic, gastric, or colorectal cancer and have tumors that either directly invade the gastrointestinal tract or cause dangerous compression.
Enteral Stents Market Outlook, 2023-2033 ($ Million)
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The Enteral Stents market research report explains the market behavior, which will help identify quantitative market trends within the general surgery devices therapeutic area. The model discusses in detail the impact of COVID-19 on the Enteral Stents market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies.
Market Size (2023) | $198.3 million |
CAGR (2023-2033) | >5% |
Forecast Period | 2023-2033 |
Historical Period | 2015-2022 |
Key Regions | North America, Europe, Asia Pacific, South Central America, and the Middle East and Africa |
Key Segments | Fully Covered Enteral Stents, Non-Covered Enteral Stents, and Partially Covered Enteral Stents |
Leading Companies | Boston Scientific Corp, Cook Group Inc, Merit Medical Systems Inc, Micro-Tech Nanjing Co Ltd, Taewoong Medical Co Ltd, and MITech Co Ltd |
Enteral Stents Market Dynamics
In recent years, there has been a rise in patients suffering from esophageal cancer who are being treated with enteral stents. This is expected to continue throughout the forecast years as quality of life continues to be an important aspect of cancer treatment. Furthermore, the enteral stent market will continue to experience strong growth in the forecast period as new designs for enteral stents allow for more flexible and effective treatment.
Enteral Stents Market Segments
The key segments in the Enteral Stents market are Fully Covered Enteral Stents, Non-Covered Enteral Stents, and Partially Covered Enteral Stents. The fully covered stents segment accounted for the highest share of the Enteral Stents market in 2023 and is forecast to grow in the coming years. This growth can be attributed to the increasing sales of silicon and other covered stents designed to minimize stent migration and tissue irritation.
Enteral Stents Market Analysis by Segments, 2023 (%)
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Enteral Stents Market Segmentation by Regions
The key regions in the Enteral Stents market are North America, Europe, Asia Pacific, South Central America, and the Middle East and Africa. North America accounted for the highest share of the Enteral Stents market and is expected to experience strong growth throughout the forecast period. The development of enteral stent technology has encouraged its increased use in the palliative care of many cancer patients. The United States leads in the North American market, followed by Canada and Mexico.
Enteral Stents Market Analysis by Region
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Enteral Stents Market - Competitive Landscape
Some of the leading companies in the Enteral Stents market are Boston Scientific Corp, Cook Group Inc, Merit Medical Systems Inc, Micro-Tech Nanjing Co Ltd, Taewoong Medical Co Ltd, and MITech Co Ltd. Boston Scientific Corp held the largest share of the Enteral Stents market in 2023.
Enteral Stents Market Analysis by Companies, 2023 (%)
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Segments Covered in the Report
Enteral Stents Market Segments Outlook (Value, $ Million, 2015-2033)
- Fully Covered Enteral Stents
- Non-Covered Enteral Stents
- Partially Covered Enteral Stents
Enteral Stents Market Regional Outlook (Value, $ Million, 2015-2033)
- North America
- Europe
- Asia Pacific
- South Central America
- Middle East and Africa
Key Inclusions
Currently marketed Enteral Stents and evolving competitive landscape –
- Insightful review of the key industry trends.
- Annualized total Enteral Stents market revenue by segment and market outlooks from 2015-2033.
- Granular data on total procedures, units, average selling prices, and market values by segment.
Global, Regional, and Country level market specific insights –
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Enteral Stents market.
- Competitive dynamics insights and trends provided for the Enteral Stents market.
Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies Covered: Boston Scientific Corp, Cook Group Inc, Merit Medical Systems Inc, Micro-Tech Nanjing Co Ltd, Taewoong Medical Co Ltd, MITech Co Ltd, and Others.
Countries Covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina and Chile.
Scope
This Market Model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for –
- CMO executives who must have a deep understanding of the Enteral Stents marketplace to make strategic planning and investment decisions.
- Sourcing and procurement executives must understand crucial components of the supply base to make decisions about supplier selection and management.
- Private equity investors who need a deeper understanding of the market to identify and value potential investment targets.
Reasons to Buy
The model will enable you to –
- Understand the impact of COVID-19 on the Enteral Stents market.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving the Enteral Stents market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Enteral Stents market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
- Track device sales in the global and country-specific Enteral Stents market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Cook Medical Inc
Merit Medical Systems Inc
Micro-Tech Nanjing Co Ltd
Taewoong Medical Co Ltd
MITech Co Ltd
Others
Frequently asked questions
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What was the Enteral Stents market size in 2023?
The Enteral Stents market size was valued at $198.3 million in 2023.
-
What will be the Enteral Stents market CAGR growth during the forecast period?
The Enteral Stents market is forecast to grow at a CAGR of more than 5% during 2023 and 2033.
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Which region held the highest share of the Enteral Stents market in 2023?
North America accounted for the largest Enteral Stents market share in 2023.
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Which segment accounted for the largest share of the Enteral Stents market in 2023?
The fully covered stents segment comprised the majority of the global market in 2023 and will continue to drive Enteral Stents market growth throughout the forecast period.
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Who are the major players operating in the Enteral Stents market?
Some of the leading companies in the Enteral Stents market are Boston Scientific Corp, Cook Group Inc, Merit Medical Systems Inc, Micro-Tech Nanjing Co Ltd, Taewoong Medical Co Ltd, and MITech Co Ltd.
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