Enteral Stents Market Segmentation and Analysis Research Report to 2024
Browse through Enteral Stents Market report to know what factors will shape the market by 2024: http://www.transparencymarketresearch.com/enteral-stents-market.html
New product innovation, increasing prevalence of cancer disease, rapidly growing population, and changing lifestyles are projected to drive the global enteral stents market. Technological advancement and rising adoption of enteral stents are other factors expected to fuel the growth of the global enteral stents market. On the other hand, adverse effects of products are likely to hamper the growth of the enteral stents market.
The enteral stents market has been segmented based on stent type, product type, end-user, and region. In terms of stent type, the enteral stents market has been classified into esophageal stents, gastroduodenal stents, and colon stents. There are two types of placement of colonic stents for relief of colonic obstruction: pre-operative decompression and palliation of advanced malignancy. In terms of product type, the market has been categorized into self-expandable metal stents (SEMS) and self-expandable plastic stents (SEPS). Self-expandable metal stents (SEMS) have been classified into uncovered SEMS, partially covered SEMS, and fully covered SEMS. In terms of end-user, the enteral stents market has been classified into hospitals, specialty clinics, ambulatory centers, and research centers.
Geographically, the enteral stents market has been segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
North America dominates the enteral stents market due to technological advancement, lifestyle change, growing prevalence of cancer, and early treatment adoption. According to the National Cancer Institute (2014), the number of people living with cancer reached 14.5 million and is expected to increase to 19 million by 2024. Europe is the second largest market for enteral stents. Asia Pacific is expected to grow at higher rate due to increasing per capita expenditure, developing health care infrastructure, rapid population growth, and increasing research and development. Latin America and Middle East & Africa will create a significant opportunity for the persistent facial erythema treatment market due to increasing consumption of alcohol, private and government health care insurance coverage, growing awareness among people, and increasing investment of key manufacturers in this area. According to global cancer’s foot print, In Brazil cancer cases annually is 171.3 per 1000,000 people.
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Major players operating in the enteral stents market include Boston Scientific Corporation, Cook Medical, Abbott Vascular, Biosensors International, Stryker Corporation, Medtronic, Inc., B. Braun Melsungen AG, C. R. Bard, Cordis Corporation, and Terumo Corporation, among others.
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