Enteral Stents Industry Growth Expected to Reach $2.08 Billion by 2029 at a CAGR of 7.6% | Segmentation and Growth Opportunities
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What Is the Forecast for the Enteral Stents Market Growth in 2025?
The market size for enteral stents has been on a steady rise in the last few years. The market is forecasted to increase from $1.44 billion in 2024 to $1.55 billion in 2025, growing at a compound annual growth rate (CAGR) of 7.9%. The significant growth during the past period is largely due to advancements in endoscopic techniques, supportive reimbursement policies, increased success rates in surgery, regulatory authorizations, and heightened awareness about gastrointestinal treatments.
What Is the Forecast for the Enteral Stents Market Size Through 2029?
Expectations are for steady and significant expansion in the enteral stents market over the upcoming years, with predictions of growth to $2.08 billion by 2029, and a compound annual growth rate of 7.6%. This anticipated growth during the projection period is consequent to a greater emphasis on enhancing life quality, increased research into biocompatibility, the adoption of green manufacturing practices, an expansion in healthcare insurance coverage, and the adoption of value-based care. The key trends anticipated in the forecast period involve next-generation biodegradable stents, customization of stents driven by artificial intelligence, the emergence of bioactive stents, wireless communication-enabled stents, and CRISPR-integrated drug delivery.
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What are the Key Market Players in Enteral Stents Market and How They’re Evolving?
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.
What Are the Primary Growth Drivers in the Enteral Stents Market?
A surge in gastrointestinal disorders is anticipated to drive the growth of the enteral stents market in the future. These disorders, affecting various parts of the gastrointestinal tract, result in discomfort and pain. The rise in these conditions is believed to be triggered by poor food habits, high stress levels, sedentary lifestyles, frequent antibiotic use, and an increased exposure to environmental toxins. Enteral stents play a crucial role in dealing with such disorders, providing a less invasive method to alleviate blockages, restore the regular flow of food and liquids, and enhance overall digestion, all leading to improved patient comfort and quality of life. For instance, Crohn’s and Colitis Canada reported in June 2023 that approximately 322,600 Canadians, or 0.8% of the population, were living with IBD in 2023. Predictions suggest this number could rise to 470,000 (1.1% of the population) by 2035. Hence, the spiraling prevalence of gastrointestinal disorders is fueling the enteral stent market’s growth. The escalating prevalence of cancer is also expected to catalyze the growth of the enteral stents market in the future. Cancer, defined by the rampant spread and growth of abnormal cells in the body, is found to be on the rise due to an aging population, lifestyle factors, advancements in diagnostic methods, genetic factors, and improved healthcare access and awareness. Enteral stents are frequently utilized in alleviating gastrointestinal blockages caused by cancer, helping reduce symptoms such as dysphagia and maintaining nutrient intake. For instance, the World Health Organization reported in February 2024 that by 2050, over 35 million new cancer cases are projected, marking a 77% increase from the estimated 20 million cases in 2022. Hence, the rising prevalence of cancer is instigating the growth of the enteral stents market.
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What Are the Leading Segments in the Global Enteral Stents Industry?
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 Is the Regional Outlook for the Enteral Stents Market?
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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This Report Delivers Insight On:
1. How big is the enteral stents market, and how is it changing globally?
2. Who are the major companies in the enteral stents market, and how are they performing?
3. What are the key opportunities and risks in the enteral stents market right now?
4. Which products or customer segments are growing the most in the enteral stents market?
5. What factors are helping or slowing down the growth of the enteral stents market?
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