Colonic Stents Market Overview
The report is titled as ‘Colonic Stents Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the colonic stents market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. Colonic stents market is expected to grow with a significant rate in the near future.
Colonic Stents Introduction
Conventionally, the colonic stents have been serving their utility for the treatment of colorectal cancer, either as reassuring medical care or as a link to surgery. Although over the recent years, colonic stents are also promoting their utility as a part of the therapy of benign strictures.
Basically, a colonic stent can be described as a hollow barrel-shaped hose formed of an alloy or a metal that helps to keep the big bowel lumen unclosed. The colonic stent is firmly positioned onto a tiny delivery wire in order to locate it across the tight narrowing that has resulted in blockage. The colonic stent is positioned at the accurate spot and once it is opened, it lets out the blockage by keeping the colon open.
However, the colonic stent takes upto 24 hours to be wholly opened. The colonic stents serve its utility in terms of partial or full blockage in the bowel. Thus, colonic stents continue to witness balanced growth in the healthcare industry worldwide. Therefore, the global colonic stents market is projected to swift growth in the coming years.
Colonic Stents Market Dynamics
A considerable rise in the incidences of colorectal cancer or colon cancer among the population across the globe is majorly propelling the growth of the global colonic stents market. For instance, according to cancer.org, it is projected that there will be 95,520 new cases of colon cancer and 39,910 cases of rectal cancer diagnosed in the US, in 2017, which further contributes to the stimulating demand of colonic stents in the healthcare industry.
In addition to that, the technological enhancements in the colonic stents such as usage of self-expanding alloys in the assembling of colonic stents has been increasing, in recent years, is another factor that is also projected to positively fuel the growth of the global colonic stents market in the given timeframe.
Despite numerous benefits of invasive colorectal cancer screening such as low cost, reliability, as well as enhanced accuracy, the colonic stents have certain risks of infections associated with it which have the possibility to restrict the growth of the global colonic stents market in the forthcoming years.
Moreover, the heavy cost and complications associated with colonic stents are further estimated to hold back the growth of the global colonic stents market in the near future. The placement of colonic stents may have a range of complications including temporary incontinence, mild to moderate rectal bleeding, transient anorectal pain, and many others.
Furthermore, the self-expandable colonic stents may have issues with migration and re-obstruction of the stent. Such compilations are expected to confine the growth of the global colonic stents market in the coming years.
Nevertheless, the colonic stents also serve their utility when there is halfway or complete blockage in the bowel in order to cut off the pressure in the bowel and alleviate the hindrance, thereby elevating the growth of the global colonic stents market.
Apart from that, the colonic stents are also employed as an alternative to keep the bowel functioning. Such factors are expected to further accelerate the growth of the global colonic stents market in the upcoming years.
Colonic Stents Market Segmentation
The global colonic stents market is segmented on the basis of type into Self-expandable Metal Stents (SEMS), Nitinol Stents, and Elgiloy. Further, the global colonic stents market is divided on the basis of indication into Colorectal Cancer/Bridge to Surgery, Benign Colonic Strictures, and Other Indications. Then, the market is segmented on the basis of end-use into Hospitals and Specialty Clinics. At last, the global colonic stents market is segmented on the basis of region into North America, Latin America, Middle East, Asia-Pacific, Africa, and Europe.
Colonic Stents Market Key Players
Some of the key participating players of the global colonic stents market are Boston Scientific Corporation, Cook Medical Inc., Ella-CS, Taewoong, MI-TECH, and Olympus Corporation, among others.
R&I Overview on Colonic Stents Market Report
The non-identical approach of Reports and Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Colonic Stents market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of Colonic Stents
Advantages of Colonic Stents
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
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1. Global Colonic Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Colonic Market Overview
2.1. Introduction
2.1.1. Introduction
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Colonic Market Snapshot
2.4. Global Colonic Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Colonic Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Colonic Market, By Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Type
3.1.2. BPS Analysis, By Type
3.2. Market Revenue (US$Mn) Forecast, By Type
3.2.1. Self-expandable Metal Stents (SEMS)
3.2.2. Nitinol Stents
3.2.3. Elgiloy
3.3. Global Colonic Market Attractiveness Index, By Type
4. Global Colonic Market, By Indication
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Indication
4.1.2. BPS Analysis, By Indication
4.2. Market Revenue (US$Mn) Forecast, By Indication
4.2.1. Colorectal Cancer/Bridge to Surgery
4.2.2. Benign Colonic Strictures
4.2.3. Other Indications
4.3. Global Colonic Market Attractiveness Index, By Indication
5. Global Colonic Market, By End-Use
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By End-Use
5.1.2. BPS Analysis, By End-Use
5.2. Market Revenue (US$Mn) Forecast, By End-Use
5.2.1. Hospitals
5.2.2. Specialty Clinics
5.3. Global Colonic Market Attractiveness Index, By End-Use
6. Global Colonic Market, By Region
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Region
6.1.2. BPS Analysis, By Region
6.2. Market Revenue (US$Mn) Forecast, By Region
6.2.1. North America
6.2.2. Latin America
6.2.3. Europe
6.2.4. Asia Pacific
6.2.5. Middle East
6.2.6. Africa
6.3. Global Colonic Market Attractiveness Index, By Region
7. North America Colonic Market Analysis and Forecast, 2020–2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market Revenue (US$Mn) Forecast, By Country
7.2.1. U.S. Colonic Market
7.2.2. Canada Colonic Market
7.3. North America Colonic Market, By Type
7.3.1. Self-expandable Metal Stents (SEMS)
7.3.2. Nitinol Stents
7.3.3. Elgiloy
7.4. North America Colonic Market, By Indication
7.4.1. Colorectal Cancer/Bridge to Surgery
7.4.2. Benign Colonic Strictures
7.4.3. Other Indications
7.5. North America Colonic Market, By End-Use
7.5.1. Hospitals
7.5.2. Specialty Clinics
7.6. North America Colonic Market Attractiveness Index
7.6.1. By Country
7.6.2. By Type
7.6.3. By Indication
7.6.4. By End-Use
8. Latin America Colonic Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market Revenue (US$Mn) Forecast, By Country
8.2.1. Brazil Colonic Market
8.2.2. Mexico Colonic Market
8.2.3. Argentina Colonic Market
8.2.4. Rest of Latin America Colonic Market
8.3. Latin America Colonic Market, By Type
8.3.1. Self-expandable Metal Stents (SEMS)
8.3.2. Nitinol Stents
8.3.3. Elgiloy
8.4. Latin America Colonic Market, By Indication
8.4.1. Colorectal Cancer/Bridge to Surgery
8.4.2. Benign Colonic Strictures
8.4.3. Other Indications
8.5. Latin America Colonic Market, By End-Use
8.5.1. Hospitals
8.5.2. Specialty Clinics
8.6. Latin America Colonic Market Attractiveness Index
8.6.1. By Country
8.6.2. By Type
8.6.3. By Indication
8.6.4. By End-Use
9. Europe Colonic Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market Revenue (US$Mn) Forecast, By Country
9.2.1. U.K. Colonic Market
9.2.2. Germany Colonic Market
9.2.3. Italy Colonic Market
9.2.4. France Colonic Market
9.2.5. Spain Colonic Market
9.2.6. Russia Colonic Market
9.2.7. Poland Colonic Market
9.2.8. BENELUX Colonic Market
9.2.9. NORDIC Colonic Market
9.2.10. Rest of Europe Colonic Market
9.3. Europe Colonic Market, By Type
9.3.1. Self-expandable Metal Stents (SEMS)
9.3.2. Nitinol Stents
9.3.3. Elgiloy
9.4. Europe Colonic Market, By Indication
9.4.1. Colorectal Cancer/Bridge to Surgery
9.4.2. Benign Colonic Strictures
9.4.3. Other Indications
9.5. Europe Colonic Market, By End-Use
9.5.1. Hospitals
9.5.2. Specialty Clinics
9.6. Europe Colonic Market Attractiveness Index
9.6.1. By Country
9.6.2. By Type
9.6.3. By Indication
9.6.4. By End-Use
10. Asia Pacific Colonic Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market Revenue (US$Mn) Forecast, By Country
10.2.1. China Colonic Market
10.2.2. India Colonic Market
10.2.3. Japan Colonic Market
10.2.4. Australia And New Zealand Colonic Market
10.2.5. South Korea Colonic Market
10.2.6. ASEAN Colonic Market
10.2.7. Rest of Asia Pacific Colonic Market
10.3. Asia Pacific Colonic Market, By Type
10.3.1. Self-expandable Metal Stents (SEMS)
10.3.2. Nitinol Stents
10.3.3. Elgiloy
10.4. Asia Pacific Colonic Market, By Indication
10.4.1. Colorectal Cancer/Bridge to Surgery
10.4.2. Benign Colonic Strictures
10.4.3. Other Indications
10.5. Asia Pacific Colonic Market, By End-Use
10.5.1. Hospitals
10.5.2. Specialty Clinics
10.6. Asia Pacific Colonic Market Attractiveness Index
10.6.1. By Country
10.6.2. By Type
10.6.3. By Indication
10.6.4. By End-Use
11. Middle East Colonic Market, By Region
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market Revenue (US$Mn) Forecast, By Country
11.2.1. GCC Countries Colonic Market
11.2.2. Israel Colonic Market
11.2.3. Oman Colonic Market
11.2.4. Rest of Middle East Colonic Market
11.3. Middle East Colonic Market, By Type
11.3.1. Self-expandable Metal Stents (SEMS)
11.3.2. Nitinol Stents
11.3.3. Elgiloy
11.4. Middle East Colonic Market, By Indication
11.4.1. Colorectal Cancer/Bridge to Surgery
11.4.2. Benign Colonic Strictures
11.4.3. Other Indications
11.5. Middle East Colonic Market, By End-Use
11.5.1. Hospitals
11.5.2. Specialty Clinics
11.6. Middle East Colonic Market Attractiveness Index
11.6.1. By Country
11.6.2. By Type
11.6.3. By Indication
11.6.4. By End-Use
12. Africa Colonic Market, By Region
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market Revenue (US$Mn) Forecast, By Country
12.2.1. South Africa Colonic Market
12.2.2. Egypt Colonic Market
12.2.3. North Africa Colonic Market
12.2.4. Rest of Africa Colonic Market
12.3. Africa Colonic Market, By Type
12.3.1. Self-expandable Metal Stents (SEMS)
12.3.2. Nitinol Stents
12.3.3. Elgiloy
12.4. Africa Colonic Market, By Indication
12.4.1. Colorectal Cancer/Bridge to Surgery
12.4.2. Benign Colonic Strictures
12.4.3. Other Indications
12.5. Africa Colonic Market, By End-Use
12.5.1. Hospitals
12.5.2. Specialty Clinics
12.6. Africa Colonic Market Attractiveness Index
12.6.1. By Country
12.6.2. By Type
12.6.3. By Indication
12.6.4. By End-Use
13. Recommendation
13.1. Market Strategy
14. Competitive Landscape
14.1. Competition Dashboard
14.2. List and Company Overview of Global Key Players
14.3. Company Profiles
14.3.1. Boston Scientific Corporation
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Product Portfolio
14.3.1.4. Key Developments
14.3.1.5. Business Strategies
14.3.2. Cook Medical Inc.
14.3.3. Ella-CS
14.3.4. Taewoong
14.3.5. MI-TECH
14.3.6. Olympus Corporation
15. Acronyms
The colonic stents market is estimated to reach at a value of US$ *** Mn by the end of 2022 and expected to reach at a value of US$ *** Mn by 2030 with a significant CAGR of ***%.
The base year for the report is 2021 in colonic stents market.
The global colonic stents market is segmented on the basis of type, indication, end-use, and region
Some of the key participating players of the global colonic stents market are Boston Scientific Corporation, Cook Medical Inc., Ella-CS, Taewoong, MI-TECH, and Olympus Corporation, among others.