Enteral Stenting Procedure Market: Growth, Trends, and Industry Dynamics | Forecast 2024-2031

Industry Overview
Enteral Stenting Procedure Market is estimated to grow at a CAGR of 5.2% during the forecast period 2024-2031

Enteral stenting is a minimally invasive outpatient procedure utilized to alleviate obstructions caused by cancerous tumors within the digestive tract. These obstructions can occur in both the upper gastrointestinal (GI) tract, encompassing the esophagus, stomach, and upper part of the small intestine (duodenum), as well as the lower GI tract, including the colon. This procedure involves the placement of a stent-a tubular device-within the affected area of the digestive tract to widen the passage and restore normal flow of food and fluids. By bypassing the obstruction, enteral stenting can effectively alleviate symptoms and improve the quality of life for patients with gastrointestinal cancer.

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Industry Trends

The global market for enteral stenting procedures is experiencing significant growth driven by the high prevalence of gastric cancer.

Gastric cancer incidence rates have risen substantially, with over 1.1 million global diagnoses reported in 2020, resulting in approximately 770,000 deaths. Projections suggest an escalation to 1.8 million cases and 1.3 million deaths by 2040. Additionally, colorectal cancer presents a substantial healthcare burden, with over 1.9 million new cases reported in 2020 and nearly 935,173 deaths, particularly affecting the elderly population. With the geriatric demographic expected to double by 2050, the incidence of colorectal cancer is likely to rise significantly. However, despite the increasing prevalence of these cancers driving market growth, concerns regarding the safety of enteral stenting procedures pose a potential obstacle.

Safety concerns and associated risks with stent usage are anticipated to impede market growth during the forecast period. Despite the undeniable benefits of enteral stenting in addressing gastrointestinal obstructions, particularly in cancer patients, safety issues remain a focal point for healthcare providers and patients. As a result, efforts to address these safety concerns and mitigate associated risks will be crucial in sustaining market growth over time.

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Industry Segmentation

By Type
Self-Expandable Metal Stents (SEMS)
Self-Expandable Plastic Stents (SEPS)

By Indication
Gall Stones
Biliary Leaks
Esophageal Tumor
Colorectal Cancer
Benign Colonic Strictures
Esophageal leakage
Dysphagia
Others

By End-User
Hospitals
Ambulatory Surgical Centers
Others

Industry Key Players
Major players are Cook Group Inc, Boston Scientific Corp, Merit Medical Systems Inc, Micro-Tech Nanjing Co Ltd, Olympus Corporation, Taewoong Medical Co Ltd, M.I.Tech Co., Ltd., ACE Medical Devices Pvt. Ltd., Allium Ltd and ENDOCOR GmbH & CO. KG.

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