About Duodenal Stent
The duodenal stent is a medical device used to palliate duodenal obstruction. The duodenal stent keeps the sides of the duodenum open and is made of metal, which is expandable like a mesh tube. Distal or duodenal gastric malignancy and periampullary are the most common complications which cause duodenal obstructions. Duodenal stents are employed to allow food and other materials to pass to the stomach and reduce nausea and vomiting. Aging and the accompanying decline of physiological processes has significant growth of the global duodenal stent market in the forecast period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Duodenal Stent market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Becton, Dickinson and Company (United States), Boston Scientific (United States), Cook Medical (United States), Medtronic plc (United States), TaeWoong Medical (South Korea), Merit Medical Systems (United States), Olympus Corporation (Japan), EndoChoice (United States), CONMED Corporation (United States) and Cantel Medical Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are ELLA - CS s.r.o. (Czechia), Hobbs Medical Inc. (United States) and Diagmed Healthcare (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Duodenal Stent market by Type (Metal Duodenal Stent and Polymer Duodenal Stent), Application (Biliary Disease, Colorectal Cancer, Stomach Cancer, Inflammatory Bowel Disease and Other Applications) and Region.
On the basis of geography, the market of Duodenal Stent has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. Ambulatory Surgical Centers will boost the Duodenal Stent market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Prevalence of Intestinal Diseases and Disorders
Market Growth Drivers:
Increasing Geriatric Population who have Stomach or Digestive Cancer and Rising Inclination of Patients Toward Minimally Invasive Surgeries
Challenges:
High Cost Associated with Duodenal Stent
Restraints:
Delays in Diagnosis and Late Complications of Biliary Stenting
Opportunities:
Increasing Adoption of Minimally Invasive Procedures
Market Leaders and their expansionary development strategies
In October 2023, Cook Medical entered into a strategic partnership with the University of California, San Diego, to research and develop next-generation duodenal stents with improved biocompatibility and functionality. This collaboration could lead to advancements in stent design and materials, benefitting patients in the future.
In November 2023, Medtronic launches the Axios RX Duodenal Stent. This next-generation stent builds upon the Axios platform, incorporating a repositionable design for precise placement and enhanced procedural control.
Key Target Audience
Duodenal Stent Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.