Market Overview:
The global esophageal stents market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of esophageal cancer, technological advancements in stent design and development, and rising demand for minimally invasive procedures. Based on type, the global esophageal stents market is segmented into self-expandable metallic stents (SEMS) and self-expanding plastic stents (SEPS). SEMS are further classified into bare metal SEMS and drug eluting SEMS. SEPS are further classified into polymeric SEPS and metallic SEPS. Based on application, the global esophageal stents market is segmented into hospitals, clinics, ambulatory surgery centers (ASCs), and other applications such as research institutes and academic medical centers. Geographically, the global esophageal StENTS Market is segmented into North America, Latin America, Europe Asia Pacific , Middle East & Africa .
Product Definition:
An esophageal stent is a medical device that is inserted into the esophagus in order to keep it open. This is often done in cases of severe or chronic obstructions, such as tumors or scarring. Esophageal stents can also be helpful in preventing strictures, which are narrowed sections of the esophagus.
Self-expandable Metallic Stents (SEMS):
Self-expandable metallic stents (SEMS) are a class of expandable devices that can be used to treat an abnormal opening in the esophagus. They are also known as “remote control” stents because they can be controlled by a remote device (controller), which allows the physician to deliver intermittent pressure pulses, based on patient need.
Self-expanding Plastic Stents (SEPS):
Self-expanding plastic stents (SEPS) are used in the treatment of esophageal cancer. It is a minimally invasive endoscopic device that is inserted through the mouth and into the stomach to treat ulcerative colitis, Crohn's disease, esophageal cancer, and gastric cardia. The self-expanding stent allows healing by promoting tissue growth around an area affected by injury or disease.
Application Insights:
Based on application, the global esophageal stents market is segmented into hospitals, clinics and ASCs. Hospitals dominated the overall market in terms of revenue in 2017 owing to a high incidence rate of cancer and other diseases that require surgical intervention. Moreover, increasing number of government initiatives for early diagnosis coupled with rising awareness about available treatment options is expected to drive growth over the forecast period.
Clinics are projected to witness significant growth during the forecast period due to an increase in prevalence rates for various diseases such as Crohn¢â‚¬â„¢s disease, ulcerative colitis and esophageal stricture among others which also require medical management along with lifestyle modifications for cure. Furthermore, growing adoption of minimally invasive procedures by surgeons resulting in lesser postoperative pain & suffering will boost demand further over the coming years.
Regional Analysis:
North America dominated the global market in 2017 owing to high incidence of esophageal cancer and favorable reimbursement policies. The region is expected to maintain its dominance over the forecast period due to increasing cases of obesity, high consumption of alcohol, tobacco, and other risk factors for esophageal cancer. Moreover, availability of technologically advanced products is also one factor responsible for regional growth.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising healthcare expenditure by governments as well as private sectors in order reduce their expenditures on healthcare services such as diagnosis and treatment procedures related Esophagus diseases including Esophagus cancers at hospitals & ASCs; thus leading towards an increase in demand for cost-effective therapies that require less time & effort on behalf of patients thereby driving demand for ESGS stents.
Growth Factors:
- Increasing incidence of esophageal cancer
- Rising geriatric population
- Growing demand for minimally invasive procedures
- Technological advancements in esophageal stents technology
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Esophageal Stents Market Research Report
By Type
Self-expandable Metallic Stents (SEMS), Self-expanding Plastic Stents (SEPS)
By Application
Hospitals, Clinics, ASCs
By Companies
Boston Scientific, Cook Medical, ELLA-CS, Ltd, Merit Medical Systems, M.I. TECH, Taewoong Medical, BVM Medical, ENDO-FLEX, EndoChoice, Edwards Lifesciences, Boston Scientific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Esophageal Stents Market Report Segments:
The global Esophageal Stents market is segmented on the basis of:
Types
Self-expandable Metallic Stents (SEMS), Self-expanding Plastic Stents (SEPS)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, ASCs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Boston Scientific
- Cook Medical
- ELLA-CS, Ltd
- Merit Medical Systems
- M.I. TECH
- Taewoong Medical
- BVM Medical
- ENDO-FLEX
- EndoChoice
- Edwards Lifesciences
- Boston Scientific
Highlights of The Esophageal Stents Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Self-expandable Metallic Stents (SEMS)
- Self-expanding Plastic Stents (SEPS)
- By Application:
- Hospitals
- Clinics
- ASCs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Esophageal Stents Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Esophageal stents are medical devices that are inserted into the esophagus (the tube that connects the stomach to the small intestine) in order to keep it open. Esophageal stents can be used to treat a variety of conditions, including heartburn, GERD (gastroesophageal reflux disease), and Barrett's esophagus.
Some of the major players in the esophageal stents market are Boston Scientific, Cook Medical, ELLA-CS, Ltd, Merit Medical Systems, M.I. TECH, Taewoong Medical, BVM Medical, ENDO-FLEX, EndoChoice, Edwards Lifesciences, Boston Scientific.
The esophageal stents market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Esophageal Stents Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Esophageal Stents Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Esophageal Stents Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Esophageal Stents Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Esophageal Stents Market Size & Forecast, 2020-2028
4.5.1 Esophageal Stents Market Size and Y-o-Y Growth
4.5.2 Esophageal Stents Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Self-expandable Metallic Stents (SEMS)
5.2.2 Self-expanding Plastic Stents (SEPS)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 ASCs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Esophageal Stents Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Esophageal Stents Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Self-expandable Metallic Stents (SEMS)
9.6.2 Self-expanding Plastic Stents (SEPS)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 ASCs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Self-expandable Metallic Stents (SEMS)
10.6.2 Self-expanding Plastic Stents (SEPS)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 ASCs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Self-expandable Metallic Stents (SEMS)
11.6.2 Self-expanding Plastic Stents (SEPS)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 ASCs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Self-expandable Metallic Stents (SEMS)
12.6.2 Self-expanding Plastic Stents (SEPS)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 ASCs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Self-expandable Metallic Stents (SEMS)
13.6.2 Self-expanding Plastic Stents (SEPS)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 ASCs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Esophageal Stents Market: Competitive Dashboard
14.2 Global Esophageal Stents Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boston Scientific
14.3.2 Cook Medical
14.3.3 ELLA-CS, Ltd
14.3.4 Merit Medical Systems
14.3.5 M.I. TECH
14.3.6 Taewoong Medical
14.3.7 BVM Medical
14.3.8 ENDO-FLEX
14.3.9 EndoChoice
14.3.10 Edwards Lifesciences
14.3.11 Boston Scientific
