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Historical Growth of the Enteral Stents Market: Insights into Expanding Industry Size
The market size for enteral stents has experienced potent growth in the last few years. The market is projected to increase from $1.44 billion in 2024 to $1.55 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.3%.
The expansion during the historical period can be credited to advancements in endoscopic procedures, beneficial insurance reimbursement policies, enhanced success rates in surgeries, regulatory endorsements, and a heightened understanding of GI treatments.
Over the coming years, the enteral stents market is projected to witness robust growth, with the market valuation expected to reach $2.07 billion by 2029, representing a 7.6% compound annual growth rate (CAGR). This prospective growth is mainly due to factors such as the emphasis on improving life quality, advancing biocompatibility research, the promotion of green manufacturing practices, expanding healthcare insurance coverage, and the increasingly popular adoption of value-based health care.
Some of the major trends predicted for the forecast period consist of the development and use of next-generation biodegradable stents, AI-facilitated stent customization, bioactive stents, wireless communication-capable stents, along with the integration of CRISPR in drug delivery.
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What Growth Drivers Are Responsible for Accelerating Enteral Stents Market Growth?
The rise in cases of gastrointestinal disorders is projected to boost the enteral stents market's expansion. Such disorders cover a broad spectrum of issues that affect the gastrointestinal tract, including the esophagus, stomach, intestines, and accessory organs, resulting in symptoms of pain and discomfort.
This rise is attributed to poor eating habits, heightened stress levels, inactive lifestyles, increased antibiotic usage, and greater exposure to environmental toxins. Enteral stents play a crucial role in treating these disorders, offering a minimally invasive approach to clear blockages, reestablish natural food and fluid flow, and enhance overall digestive function.
This results in better patient comfort and life quality. For instance, Crohn's and Colitis Canada, a Canadian nonprofit, reported that in June 2023, approximately 322,600 Canadians, equivalent to 0.8% of the population, suffered from IBD.
It is foreseen that this number could escalate to 470,000 or 1.1% of the population by 2035. Thus, the escalating occurrence of gastrointestinal disorders is spurring the growth of the enteral stent market.
Performance of Leading Segments in the Enteral Stents Global Market
The enteral stentsmarket 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 Are the Regional Hotspots for Enteral Stents Market Growth?
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.
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Which Companies Hold the Largest Market Share in the Enteral Stents Industry?
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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