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Emerging Drivers Influencing The Growth Of The Enteral Stents Market: Rising Gastrointestinal Disorders Fuel Growth In The Market
Enteral Stents Market
How Big Is the Enteral Stents Market Size Expected to Be by 2034?
The size of the enteral stents market has seen robust growth in the past few years. The market value is projected to escalate from $1.44 billion in 2024 to $1.55 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.9%. The growth during the historical period can be traced back to enhancements in endoscopic methods, advantageous reimbursement strategies, increased surgical success rates, regulatory clearances, and heightened awareness surrounding GI treatments.
The market size for enteral stents is predicted to witness a robust development in the forthcoming years, with a projection to hit $2.08 billion in 2029, growing at a compound annual growth rate (CAGR) of 7.6%. Elements such as emphasis on quality of life, advancements in biocompatibility research, sustainable production processes, increase in health insurance coverage, and adoption of value-based healthcare can be credited for this growth during the projected period. Significant trends for this era are expected to be next-generation biodegradable stents, AI-powered stent customization, bioactive stents, wireless-enabled communication stents, and integration of CRISPR for drug delivery.
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What Are the Emerging Segments Within the Enteral Stents Market?
The enteral stents market covered in this report is segmented -
1) By Stent Type: Esophageal Stents, Gastroduodenal Stents, Colon Stents
2) By Material Type: Self-Expandable Plastic Stents, Self-Expandable Metal Stents
3) By End User: Hospitals, Specialty Clinics, Ambulatory Centers, Research Centers
Subsegments:
1) By Esophageal Stents: Self-Expanding Metal Esophageal Stents, Covered Esophageal Stents, Uncovered Esophageal Stents, Hybrid Esophageal Stents, Temporary Esophageal Stents
2) By Gastroduodenal Stents: Self-Expanding Metal Gastroduodenal Stents, Covered Gastroduodenal Stents, Uncovered Gastroduodenal Stents, Biodegradable Gastroduodenal Stents
3) By Colon Stents: Self-Expanding Metal Colon Stents, Covered Colon Stents, Uncovered Colon Stents, Biodegradable Colon Stents, Colon Stents For Colonic Obstruction
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What Long-Term Drivers Are Shaping Enteral Stents Market Trends?
The growth of the enteral stents market is projected to be driven by the surging incidence of gastrointestinal disorders. These disorders include a variety of conditions impacting the esophagus, stomach, intestines, and other supporting organs, causing symptoms such as pain and discomfort. Increased poor dietary habits, elevated stress levels, sedentary lifestyle adoption, amplified antibiotic usage, and heightened exposure to environmental toxins contribute to the rise in gastrointestinal disorder occurrences. Enteral stents play a crucial role in addressing these disorders by providing a less invasive approach to unclogging blockages, reinstating normal food and fluid movement, and bolstering overall digestive functionality, thus improving patient comfort and life quality. For example, Crohn's and Colitis Canada, a charitable organization in Canada, reported in June 2023 that there were an estimated 322,600 Canadians or 0.8% of the population, living with IBD in 2023. The estimation predicts a surge to 470,000 individuals or 1.1% of the population by 2035. This rising occurrence of gastrointestinal disorders forms a major driving factor for the enteral stent market. Overseas, the escalating occurrence of cancer is anticipated to further stimulate the enteral stents market growth. Cancer includes several diseases typified by uncontrollable abnormal cell growth and proliferation in the human body. The aging population, lifestyle factors, advanced diagnostic methods, genetic susceptibility, and enhanced healthcare access and consciousness contribute to the growing incidence of cancer. Enteral stents are utilized to alleviate gastrointestinal obstructions instigated by cancer, ameliorating symptoms such as difficulty swallowing and conserving nutrient intake. For example, in February 2024, the World Health Organization, an intergovernmental organization based in Switzerland, predicted over 35 million new cancer cases by 2050, indicating a 77% increase from the estimated 20 million cases in 2022. This burgeoning prevalence of cancer significantly contributes to the enteral stents market's growth.
Who Are the Top Competitors in Key Enteral Stents Market Segments?
Major companies operating in the enteral stents market are Cardinal Health Inc., Medtronic Inc., Stryker Corporation, Boston Scientific Corporation, Olympus Corporation, AMETEK Inc., Lepu Medical Technology (Beijing) Co Ltd., Endo-Therapeutics Inc., Cook Medical, Micro-Tech (Nanjing) Co Ltd., Merit Medical Systems Inc., ConMed Corporation, GBUK Group Ltd., Biosensors International Group Ltd., Medi-Globe GmbH, BVM Medical Limited, Taewoong Medical Inc., ELLA-CS s.r.o., Mitra Industries Inc., Hobbs Medical Inc.
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Which Regions Are Becoming Hubs for Enteral Stents Market Innovation?
North America was the largest region in the enteral stents market in 2024. The regions covered in the enteral stents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Enteral Stents Market?
2. What is the CAGR expected in the Enteral Stents Market?
3. What Are the Key Innovations Transforming the Enteral Stents Industry?
4. Which Region Is Leading the Enteral Stents Market?
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