Latest Research Report of Duodenal Stents Market - Global Industry, Growth, Trends and Application 2017 - 2025

"The Latest Research Report Duodenal Stents Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

This exclusive report will provide you with the market size and forecast (US$ Mn) for the global market and its segments for the period from 2015 to 2025 along with the growth rate (CAGR) from 2017 to 2025, considering 2016 as base year. In addition, drivers, restraints and opportunities, competitive landscape have also been covered under the current proposed table of contents, which will in due course help you to take strategic decisions with respect to the market.

Duodenal stent is a medical device used to palliate duodenal obstruction. The duodenal stent keeps the sides of the duodenum open and is made of metal, which is expandable like a mesh tube. Distal or duodenal gastric malignancy and periampullary are the most common complications which cause duodenal obstructions. Duodenal stents are employed to allow food and other materials to pass to the stomach and reduce nausea and vomiting.

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Increasing inclination of patients toward minimally invasive surgeries and increasing prevalence of intestinal diseases and disorders are fuelling the global duodenal stents market. According to the American Cancer Society, each year in the U.S., almost 40,000 new cases of rectal cancer and approximately 93,000 new cases of colon cancer are diagnosed. Technological advancements in duodenal stents are driving the global duodenal stents market. Favorable regulations and new product launches have increased, which have fueled the global duodenal stents market. However, the restraining factors that hinder the expansion of the global duodenal stents market are delays in diagnosis and late complications of biliary stenting.

The global duodenal stents market can be classified on the basis of the product type, end user type, and region. In terms of product type, the global duodenal stents market can be segmented into metal duodenal stent and polymer duodenal stent. The metal duodenal stent segment holds a major share of the market in 2016 due to advances in research and development in delivery systems and stent design of duodenal stents. According to the U.S. National Library of Medicine, National Institutes of Health, usage of metal duodenal stent is the current choice of treatment for the palliation of malignant gastrointestinal outlet obstructions. However, the polymer duodenal stent segment is anticipated to expand during the forecast period due to the fact that the polymer is biodegradable, and the stent is likely to be absorbed within 8-10 weeks.

In terms of end-user, the global duodenal stents market can be segmented into ambulatory surgical centers, hospitals, and specialty clinics. The hospitals segment held a significant share of the market in 2016 due to the fact that hospitals are the most preferred selection for conducting minimally invasive surgeries of duodenal diseases and disorders. Increasing demand for stenting for various gastrointestinal diseases and need for endoscopic procedures for the same are anticipated to rise during the forecast period for the end-user hospitals segment. The specialty clinics segment is estimated to expand at a rapid pace during the forecast period due to the increasing preference of specialty clinics, especially in developed as well as developing countries of the world.

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Geographically, the global duodenal stents market can be segmented into Europe, Asia Pacific, North America, Latin America, and Middle East & Africa. North America held a major share of the global market in 2016 due to increasing advancements in research and development and increasing initiatives taken by governments for gastrointestinal diseases and disorders. Asia Pacific followed North America in terms of share of the global duodenal stents market. This is due to the acceptance of newer technologies, increasing awareness, new product launches, and favorable regulations in countries in the region, especially in India, China, and Japan.

The global duodenal stents market is highly competitive; however, there are a few dominant players who have a strong foothold in the market. In this market, the strategy that is employed is the acquisitions and mergers to overcome the competition which enhances their technical expertise. Key players focus on the technological advancements by research and development to innovate the differentiator products and to stay ahead in the game. Key players operating in the global duodenal stents market include EndoChoice, Olympus, Merit Medical Systems, TaeWoong Medical, Medtronic, Cook Medical, Becton, Dickinson and Company, and Boston Scientific Corporation.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

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The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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