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Colonic Stents Market Size, Share, Growth and Trends, Forecast 2024-2031

09-10-2024 02:07 PM CET | Health & Medicine

Press release from: DataM Intelligence 4Market Research

Colonic Stents Market || 2024-2031

Colonic Stents Market || 2024-2031

Colonic Stents Market is estimated to reach at a CAGR of 5% during the forecast period 2024-2031.

The colonic stents market refers to the industry involved in the development, production, and distribution of stents designed for use in the colon. Colonic stents are medical devices inserted into the colon to alleviate obstructions or strictures, often caused by conditions such as colorectal cancer, diverticulitis, or inflammatory bowel disease. These stents can be self-expanding or balloon-expandable and are used to maintain or restore proper bowel function and improve patient outcomes.

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Market Dynamics:

The market is expanding as a result of an increase in colorectal cancer cases.

The global colonic stents market is experiencing growth due to the increasing incidence of colorectal cancer. According to the World Cancer Research Fund International, colorectal cancer ranks as the third most common cancer in men and the second most common in women worldwide. In 2020, there were over 1.9 million new cases of colorectal cancer. The Global Cancer Observatory reported that approximately 935,173 people died from this cancer in 2020, with 515,637 being men and 419,536 being women. As with many cancers, the risk of colorectal cancer rises with age, doubling every 5-year age group until age 50. This trend is contributing to market expansion, particularly as the aging population increases. The World Health Organization notes that the global population aged 60 years and older was 1 billion in 2020 and is projected to reach 2.1 billion by 2050. Additionally, invasive colorectal cancer screening offers benefits such as reliability, low cost, and high accuracy, further driving market growth.

Segment Covered in the Colonic Stents Market:

By Product: Self-expandable Metal Stents (Nitinol Stents, Elgiloy).

By Indications: Colorectal Cancer, Benign Colonic Strictures, Others.

By End-User: Hospitals, Specialty clinics, Others.

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Key players involved in Colonic Stents Market:

• Boston Scientific Corporation
• Cook Medical Inc.
• Ella-CS Ltd.
• TaeWoong Medical
• MI-TECH
• Olympus Corporation

Related Reports:

Patient Monitoring Accessories Market: https://www.datamintelligence.com/research-report/patient-monitoring-accessories-market

Incontinence Devices Market: https://www.datamintelligence.com/research-report/incontinence-devices-market

Neonatal Monitors Market: https://www.datamintelligence.com/research-report/neonatal-monitors-market

Regional Analysis:

The Colonic Stents Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Colonic Stents Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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