Enteral Stenting Procedures Market Growing Rapidly By 2031 - Boston Scientific Corp, Cook Group Inc, Merit Medical Systems Inc, Micro-Tech Nanjing Co Ltd, Olympus Corporation, Taewoong Medical Co Ltd,

The global Enteral Stenting Procedure Market is projected to grow at a CAGR of 5.2% during the forecast period of 2024 to 2031.

DataM Intelligence has released a new research report on "Enteral Stenting Procedure Market Size 2024." This report offers in-depth insights into key factors such as regional growth, segmentation, CAGR, and the revenue status of leading players in the industry. Its aim is to present a detailed overview of the current market size in terms of value and volume, as well as potential opportunities and development trends.

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Enteral stenting is a minimally invasive outpatient procedure used to clear obstructions caused by cancerous tumors in the digestive tract, including the upper gastrointestinal (GI) tract (esophagus, stomach, and duodenum) and the lower GI tract (colon and rectum).

The Enteral Stenting Procedure Market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.

Market Dynamics:

The rising incidence of cancer worldwide, rapidly evolving living conditions, and the growing demand for minimally invasive treatments are key factors driving the market's expansion.

The high prevalence of gastric cancer is a major contributor to global market growth. For example, data from the GLOBOCAN database show that in 2020, over 1.1 million people were diagnosed with gastric cancer globally, resulting in approximately 770,000 deaths. Projections estimate that by 2040, these numbers will rise to 1.8 million cases and 1.3 million deaths. Similarly, the World Cancer Research Fund International reported more than 1.9 million new cases of colorectal cancer in 2020. According to the Global Cancer Observatory, colorectal cancer caused 935,173 deaths in 2020, including 515,637 men and 419,536 women.
Additionally, the risk of colorectal cancer increases with age, making the expanding geriatric population a significant factor in market growth. As per WHO data, the global population aged 60 and older reached 1 billion in 2020 and is projected to reach 2.1 billion by 2050. The incidence rate of colorectal cancer doubles with every five-year increase in age, particularly after the age of 50, further driving demand for treatment solutions.

Market Segment Analysis

By Type: Self-Expandable Metal Stents, Self-Expandable Plastic Stents

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

By End-User: Hospitals, Ambulatory Surgical Centers

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Major Key players

• Boston Scientific Corp
• Cook Group Inc
• Merit Medical Systems Inc
• Micro-Tech Nanjing Co Ltd
• Olympus Corporation
• Taewoong Medical Co Ltd
• I.Tech Co., Ltd.
• ACE Medical Devices Pvt. Ltd.
• Allium Ltd.
• ENDOCOR GmbH & CO. KG

*Note:

Additionally, I wanted to highlight that the full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted.

Regional Analysis

The global Enteral Stenting Procedure Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

The global Enteral Stenting Procedure 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 Silicone Pin Mat Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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Gastrointestinal Stents Market: https://datamintelligence.com/research-report/gastrointestinal-stents-market

Colonic Stents Market: https://datamintelligence.com/research-report/colonic-stents-market

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