MediPoint: Enteral Stents – APAC Forecast and Market Analysis

2017-03-01
Price :
Published : Mar-2017
No. of Pages : 28

Enteral stents market is a growing medical market throughout all geographies. The market is driven primarily by rising cancer rates, specifically esophageal, stomach, pancreatic, and colorectal cancers, and by an increased awareness of stenting as a palliative treatment. Overall, the fully covered enteral stents account for the largest market share, followed by partially covered enteral stents, and both of these markets are growing throughout the forecast period. The non-covered enteral stents market, however, is a declining market, as they are more likely to result in tumor ingrowth and result in further complications. This trend is seen throughout the global enteral stents market.

Enteral stents are a palliative treatment option for constrictions caused primarily by various cancers. The primary cancers which cause constrictions requiring the use of enteral stents are esophageal cancer, gastric cancer, pancreatic cancer, and colorectal cancer. There are three primary enteral stents; the covered enteral stent, the partially covered enteral stents, and the non-covered enteral stent.

The APAC market for enteral stents, which encompasses seven countries and includes esophageal stents, gastrointestinal stents, and colonic stents, was valued at approximately $67.3M in 2016. The market is expected to grow at a CAGR of 3.5%, to reach a valuation of $85.5M in 2023.

The key drivers of this market during the forecast period are –

  • Increased cancer rates driven by an increased intake of toxins such as tobacco and alcohol.
  • Increase in diseases such as diabetes, as well as obesity.
  • Development of stenting technology.

There are three key players in the international enteral stents market. Boston Scientific is the leading company in the enteral stents market thanks to an extensive product line and a presence in all segments of the enteral stents market. Its presence was further strengthenedby the acquisition of EndoChoice, a former smaller player in the enteral stents market. The other two key players in the enteral stents market are Cook Medical and Taewoong Medical. Cook Medical has established a strong presence despite a small product line, while Taewoong Medical has a more extensive product portfolio.

The report “MediPoint: Enteral Stents – APAC Forecast and Market Analysis” examines the enteral stents market in seven major Asia-Pacific (APAC) markets: Australia, China, India, Japan, New Zealand, South Korea, and Taiwan. This report provides insight into the adoption trends, market dynamics, competitive landscape, marketed products, current players, as well as market outlooks in the APAC market.

Companies mentioned in this report: Boston Scientific, EndoChoice, Taewoong Medical, Cook Medical. Merit Medical, Leufen Medical, ELLA-CS, M.I.Tech.

Filed in: Medical Device
Publisher : GlobalData
More Reports
Title Price Buy Now

Prefilled Syringes Market by Type [Conventional (Disposable, Reusable), Safety], Material (Glass, Plastic), Design (Single-Chamber, Dual-Chamber, Customized), Application (Diabetes, Cancer, Arthritis, Anaphylaxis, Ophthalmology) – Global Forecast to 2025

“The global prefilled syringes  market is projected to grow at a CAGR of 9.0% during the forecast period” The global prefilled syringes market size is projected to reach USD 8.6 billion by 2025 from USD 5.6 billion in 2020, at a CAGR of 9.0%. The growth in the prefilled syringes market is majorly driven by the rising demand for prefilled syringes is attributed to the growing prevalence of chronic diseases, technological advancements, rising adoption of self-injecting parenteral devices, and supportive government regulations (especially needlestick legislations). In addition, growing awareness on the benefits of prefilled syringes among patients and healthcare professionals, along with the growing number of biologics and biosimilars in the pharmaceuticals market, is supporting the g......
$

Sports Medicine Market by Product (Body Reconstruction, Body Support & Recovery), Application (Knee Injuries, Shoulder Injuries, Foot & Ankle Injuries), End User (Hospitals, Physiotherapy Centers & Clinics) – Analysis & Global Forecast to 2025

“The sports medicine market is projected to grow at a CAGR of 5.7% during the forecast period.” The global sports medicine market is projected to reach USD 7.2 billion by 2025 from USD 5.5 billion in 2020 at a CAGR of 5.7%. Growth in the sports medicine market can be attributed to factors such as the increasing incidence of sports injuries, continuous influx of new products and treatment modalities, developments in the field of regenerative medicine and rising demand for minimally invasive surgeries. However, the high cost of implants and other devices may restrain the market to a certain extent. “The Body Support & Recovery Products segment is expected to grow at the highest rate during the forecast period.” On the basis of product, the global sports medicine market h......
$4950

Veterinary Care Market by Treatment Type (No medicalization, Basic Medicalization, and Under Long Term Veterinary Care), Animal Type (Dogs, Cats, Cattle, Horses, Pigs, and Poultry), and Region – Forecasts to 2025

“Veterinary care market is predicted to foresee exceptional growth in the coming years.” The veterinary care market has experienced considerable growth since the past few years. Market growth can be associated with the introduction of highly efficient veterinary diagnostic tools that enables early disease diagnosis.  The disease diagnosis rate in companion, as well as livestock, has drastically explicitly increased in South East Asian countries. Moreover, veterinary market growth can be traced via the animal health market that is also growing significantly. For instance, Asia Pacific animal health market size is projected to reach ~ USD 23 billion by 2025 from around USD 17 billion in 2018, at a CAGR of 5.2% during the forecast period. The market growth is attributed to the rising ......
$5650

Grease Market by Base Oil (Mineral, Synthetic, Bio-Based), Thickener Type (Metallic Soap, Non-Soap, Inorganic), End-Use Industry (Automotive, Construction, General Manufacturing, Metal, Mining, Food & Beverage, Power) – Global Forecast to 2025

“rise in automation in various industries is expected to drive the grease market.” The grease market is estimated to grow from USD 5.3 billion in 2020 to USD 6.1 billion by 2025, at a CAGR of 2.9%. The grease market is driven mainly by rising automation in end-use industries and improved quality of grease. However, stringent environmental regulations are expected to restrain the market growth. The general manufacturing, construction, mining, and other industries use various heavy load equipment, which requires regular lubrication. Due to the increasing cost of workforce and safety requirements, the demand for process automation is rising.Automation helps in increasing production rate, reducing labor costs, and improving worker safety. Hence, a majority of companies are automating......
$4950

Animal Treatment Market by Animal Type (Dogs, Cats, Horses, Cattle, Pigs, Poultry) & Treatment Type (No Medicalization, Basic Medicalization, Veterinary Care), Country (US, Canada, Germany, UK, France, Spain, Italy, Russia, Austria, Poland, Netherlands, Turkey, Bulgaria, China, India, Japan, Australia, India, South Korea, Thailand, Saudi Arabia – Forecast 2024

“North America & Europe animal healthcare market size was around USD 40 billion in 2018 and is predicted to be reach USD 50 billion by 2024. The rising diagnosis rate in companion animals, as well as livestock, has positively influenced the medicalization rate in animals.” The animal treatment market has witnessed a paradigm shift from conventional veterinary diagnostic procedures to advanced ones. In 2019, ~70-80% of farm animals in developed economies and ~60-70% of farm animals in emerging countries received basic medicalization. The rate of basic medicalization is projected to increase in the coming years owing to the increasing animal welfare initiatives and the improving regulatory framework. Several countries involved in the animal treatment market have been developing su......
$5650

Cosmetic Dentistry Market by Product (Dental Implant, Dental Bridge & Crown, Orthodontic Braces, Denture, Dental Laser, Dental Handpiece, Bonding Agent, Dental Chair, CAD/CAM System, Radiology Equipment) End User – Global Forecast to 2025

“The growing consumer awareness and an increasing focus on aesthetics, the increasing prevalence of oral health disorders globally, and rising dental tourism in emerging market sare expected to drive the overall growth of the cosmetic dentistry market.” The cosmetic dentistry market is expected to grow at a CAGR of 6.6% in the forecast period. The global cosmetic dentistry market is expected to grow from USD 21.9 billion in 2020 to USD 30.1 billion in 2025, at a CAGR of 6.6% during the forecast period.The cosmetic dentistry market is estimated to witness significant growth during the forecast period due to the growing consumer awareness and rising focus on aesthetics, increasing prevalence of oral health disorders, and rising dental tourism in emerging markets. However, the high cos......
$4950

Urinary Catheters Market by Product (Indwelling, Intermittent, External), Type (Coated, Uncoated), Application (Urinary Incontinence, Benign Prostate Hyperplasia, General Surgery), Usage (Male, Female), End Users (Hospitals) – Global Forecast to 2025

 “Increasing number of surgical procedures, high incidence of prostate cancer, and the growing prevalence of urinary incontinence are expected to drive the overall growth of the urinary catheters market.” The global urinary catheters market size is projected to reach USD 2.6 billion by 2025 from USD 2.0 billion in 2020, at a CAGR of 5.5% during the forecast period. Market growth can be largely attributed to factors such as the growing prevalence of urinary incontinence, an increasing number of surgical procedures across the globe, high incidence of prostate cancer, and the favorable reimbursement scenario. The emerging Asian countries are also expected to offer strong growth opportunities for players in the market. The untapped market opportunities in emerging markets are also expe......
$4950

Medical Radiation Detection, Monitoring & Safety Market by Detector (Gas-Filled Detectors, Scintillators, Solid-State), Product (Personal Dosimeters, Passive Dosimeters), Safety (Full Body Protection), End User (Hospitals) – Global Forecast to 2025

 “The medical radiation detection, monitoring and safety market is projected to grow at CAGR of 4.9% from 2020 to 2025” The global medical radiation detection, monitoring, and safety market is projected to reach USD 1,207 million by 2025 from USD 949 million in 2020, at a CAGR of 4.9% during the forecast period. The major factors driving the growth of this market include the increasing use of nuclear medicine and radiation therapy for diagnosis and treatment, growing number of diagnostic imaging centers, rising prevalence of cancer, increasing safety awareness among people working in radiation-prone environments, and the growing number of people covered by insurance.  “Gas- Filled Detectors segment to witness the highest growth during the forecast period.” Based on the d......
$4950

Therapeutic Drug Monitoring Market by Product (Equipment (Immunoassay Analyzers), Consumables), Technology (Immunoassays, Chromatography-MS), Class of Drugs (Antibiotic Drugs, Bronchodilator Drugs), End User – Global Forecast to 2025

“Therapeutic drug monitoring market is projected to grow at CAGR of 6.9% from 2020 to 2025” The global therapeutic drug monitoring market is projected to reach USD 2.0 billion by 2025 from USD 1.4 billion in 2020, at a CAGR of 6.9% from 2020 to 2025. The growth of the market is largely driven by factors such as the rising number of organ transplant procedures, the use of TDM across various therapeutic fields, the increasing preference for precision medicine, a growing focus on R&D related to TDM, and technological advancements in immunoassay instruments. Increased adoption in the treatment of autoimmune diseases is expected to provide a wide range of growth opportunities for players in the market. “Consumables segment accounted for a significant share of the therapeutic dru......
$4950

Medical Aesthetics Market Product (Botox, Dermal Filler, Liposuction, Cellulite Reduction, Fat Reduction, Skin Tightening, Breast Implant, Tattoo Removal, Thread Lift), End User (Clinic, Medical Spa, Hospital, Beauty Center) – Global Forecast to 2025

“The global medical aesthetics market is projected to grow at a CAGR of 10.9%. The global medical aesthetics market is projected to reach USD 15.9 billion by 2025 from USD 9.4 billion, at a CAGR of 10.9% from 2020 to 2025. Factors such as the growing adoption of minimally invasive and noninvasive aesthetic procedures, rising adoption among geriatric individuals, increasing public awareness about cosmetic procedures, the availability of technologically advanced & user-friendly products, and the increasing demand for aesthetic treatments among men are driving the growth of this market. However, factors such as the clinical risks and complications associated with medical aesthetic procedures and the increasing availability and adoption of alternative beauty and cosmetic products are ......
$4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy