Global Enteral Stents Market 2017-2021

Overview of the global enteral stents market

Research analysis of the global enteral stents market identifies the rising adoption of minimally invasive (MI) procedures as one of the major factors that will have a positive impact on the growth of the market. The intervention of enteral stents is considered as the safest MI procedure since they do not involve blood vessels. Two small incisions are made in the groin to guide surgical instruments inside the body without performing conventional surgeries. Special instruments and X-ray images are used to place the stent inside the body.

The demand for novel and innovative esophageal, colon and duodenal stenting or intervention is increasing due to the low-risk complications and benefits associated with MI procedures. Furthermore, Boston Scientific, Cook Medical, ELLA-CS, and Taewoong Medical are now developing stents that combine bioabsorbable materials with advanced intervention therapy. Technavio’s market research analysts predict that this global market will generate a revenue of almost USD 130 million by 2021.

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Enteral stents market outlook as per regions

The demand for enteral stents is increasing in the Americas due to the rising prevalence of esophageal dysphagia, malignant, and benign disorders in the US. This is encouraging key vendors to come up with better products such as Alimaxx-E stent, that is made of nitinol covered with silicon. This stent helps prevent the excess migration of stent in the esophageal lumen.

Enteral stents market worth: Competitive landscape and key vendors

The enteral stents market is highly competitive due to the presence of key players. Vendors are adopting various market strategies to increase their market shares. Additionally, they are also focusing on extending their presence in the market by investing in technological platforms. This in turn, will boost the development of next-generation and novel technological products. The local players in this gastrointestinal stents market are focusing on gaining traction by offering products with advanced features and technologies at competitive prices.

Key vendors in the enteral stents market

• Boston Scientific
• Cook Medical
• ELLA-CS
• Merit Medical Systems
• M.I. Tech
• Taewoong Medical

Enteral stents market segmentation by product

• Duodenal stents
• Colon stents
• Esophageal stents

The rising incidence of esophageal cancer, sedentary lifestyles, and unhealthy food intake is driving the need for esophageal stents across the globe. The adoption of esophageal stents will continue to increase in the forthcoming years due to the rise in the number of patients with esophageal ailments and the growing preference towards MI procedures.

Enteral stents market segmentation by end-user

• Hospitals
• ASCs

The influx of patient pool is high in hospitals over other healthcare centers because enteral stent insertion procedures are mainly performed in multi-specialty hospitals. It is used to treat various ailments and malignancies related to the gastrointestinal (GI) tract. This gastrointestinal stents market will continue to grow in this end-user segment throughout the estimated period because enteral stenting surgeries such as colonic stent procedure, esophageal stenting, and duodenal stenting procedures are performed by academic medical centers, medical colleges, and community hospitals.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global enteral stents market?
• What are the key market trends impacting the growth of the global enteral stents market?
• What are the challenges to market growth?
• Who are the key vendors in the global enteral stents market?
• What are the market opportunities and threats faced by the vendors in the global enteral stents market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global enteral stents market?

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