Global Colonic Stent Market Outlook 2021: Global Opportunity and Demand Analysis, Market Forecast, 2022-2030

The colonic stent is a hollow tube, made up of an alloy or a flexible metal that keeps the lumen of the large bowel open when it is blocked by a stricture. A colonic stent will create a channel through the blockage and allow the bowel to function more easily and thus reduce pain. The Global Colonic Stents Market is expected to grow at a CAGR of just under 6% during the forecast period (2022-2030).

The global colonic stents market growth is driven by rising incidences of colorectal cancer. According to the American Cancer Society, it is estimated that there are about 101,420 new cases of colon cancer and 44,180 new cases of rectal cancer in the United States for 2019. Overall, the lifetime risk of developing colorectal cancer is about 1 in 22 (4.49%) for men and 1 in 24 (4.15%) for women. This risk is slightly lower in women than in men.

Top Driver: Increase in the prevalence of colorectal cancer is one of the key drivers

An increase in the prevalence of colorectal cancer is one of the key drivers of the colonic stent market. The rise in prevalence of inherited syndromes and people with a history of inflammatory bowel disease (such as ulcerative colitis or Crohns disease) have led to a corresponding growth in the number of patients suffering from colorectal cancer. These are expected to be key factors driving the global colonic stents market during the forecast period.

Technological advancements associated with colonic stents are also driving the colonic stent market. The use of self-expanding alloys in the manufacturing of stents has been increasing. This factor is expected to fuel the global colonic stents market during the forecast period.
The colorectal cancer screening tests market is shifting from invasive monitoring devices to non-invasive monitoring devices. Despite various advantages of invasive colorectal cancer screening such as low cost, reliability, and accuracy, there is a certain risk of infection coupled with greater recovery time associated with these invasive devices. Due to such complications, non-invasive techniques are currently being developed as an alternative

Self-expandable metal stents to Make Crucial Contribution to Growth of Global Clonic Stent Market
Based on product, the colonic stents market is segmented into self-expandable metal stents (SEMS) such as nitinol stents, and elgiloy. Among these, the nitinol stent accounted for the largest market share in 2018, due to its high preference because of its better flexibility. Nitinol is one of the most widely used alloys in stents manufacturing which is used against the acute colonic obstruction. Nitinol is a mixture of nickel and titanium metals which improves its flexibility and can be used for stenting sharply angulated regions with lesser radial force as compared to stents made of other metals. On the other hand, the elgiloy stent segment is expected to grow at the fastest CAGR during the forecast period (2022-2030), due to its capability of generating high radial forces and corrosion-resistant nature.

On the basis of indication, the market is segmented into colorectal cancer, benign colonic strictures, and others. Among these, the colorectal cancer segment occupies the dominant market share in 2018 and is estimated to dominate during the forecast period (2020-2027), owing to the rising use of metallic stents as a channel to surgery in patients suffering from acute colonic obstruction. Colorectal cancer is the third most common cancer in the U.S. and one of the major causes of cancer-related death especially in western regions. About 55% of colorectal cancer cases occur in countries characterized by high or very high indices of development and income. About 95% of colorectal cancers are adenocarcinomas. Other types of cancers which minor incidence rates include mucinous carcinomas and adenosquamous carcinomas. The 5-year colorectal cancer prevalence pool is estimated to reach 5.42 million by 2025 from 4.41 million in 2017. The overall cure rate of colorectal cancer has not improved dramatically in the last decade, 5-year survival remains at is approximately 60% in developing countries.

Rising incidences of colorectal cancer and benign strictures in the US to Benefit North America Market
North America is dominating the global colonic stents market accounting for the largest market share in 2018, owing to rising incidences of colorectal cancer and benign strictures in the US. In the United States, colorectal cancer is the third most common cancer diagnosed in both men and women each year, excluding skin cancer. According to cancer.net data, in 2018, an estimated 145,600 adults in the United States were diagnosed with colorectal cancer. It includes 101,420 new cases of colon cancer (51,690 men and 49,730 women) and 44,180 new cases of rectal cancer (26,810 men and 17,370 women). Hence, with rising cases of cancer, the demand for diagnosis and treatment is rising, which leads to the growth of the market in this region. In addition, the rising demand for minimally invasive procedures and technological advancements to develop more compatible metallic stents are also boosting the market growth of colonic stents during the forecast period (2020-2027).

Players to Focus on Expanding Applications in Global Clonic Stent Market

The Colonic Stents market is dominated by a few major players including Boston Scientific Corporation, Cook Medical Inc., Ella-CS Ltd., TaeWoong Medical, MI-TECH, and Olympus Corporation. The key players are adopting various growth strategies such as product launches, mergers & acquisitions, partnerships, and collaborations which are contributing to the growth of the Colonic Stents market globally. For instance,

Olympus launched: In May 2019, Olympus launched two additional HANAROSTENT self-expanding metal stents (SEMS) at Digestive Disease Week (DDW) 2019. These new additions to the Olympus EndoTherapy portfolio for advanced procedures include the 510(k) cleared HANAROSTENT LowAx Colonic and Duodenal Uncovered Stents made by M.I. Tech and now distributed exclusively through Olympus in the U.S.

Cook Medical: In June 2018, Cook Medical has partnered with Taewoong Medical to distribute a selection of stents into the U.S. The new partnership includes the Niti-S Through the Scope (TTS) Esophageal Stent, the flagship product of the South Korean companys Niti-S Self-Expandable line of metal GI stents.

Scope of the Report

By Product Type
Self-Expandable Metal Stents
Nitinol Stent
Elgiloy

By Indication
Colorectal Cancer/Bridge to Surgery
Benign Colonic Strictures
Other Indications

By End-User
Hospitals
Specialty Clinics

By Region
North America
Europe
Asia Pacific
Rest Of World


Key Reasons to Purchase this Report
1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders a definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.
Chapter 1 Overview And Scope
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
1.2 Market Segmentation

Chapter 2 Our Research Practice
2.1 Our Research Methodology
2.2 Data Triangulation
2.3 Data Sources
2.4 Assumptions for the study
2.5 Approach Adopted

Chapter 3 Executive Summary
3.1 Market Snapshot
3.2 Regional Snapshot
3.3 Segment Summary

Chapter 4 Covid-19 Impact Analysis
4.1 Overview
4.2 Prevalence analysis
4.3 Key Factor Impact Analysis

Chapter 5 Global Clonic Stent Market Forces
5.1 Whats Driving the Market
5.2 Porters Five Forces Analysis
5.2.1 Power of Suppliers
5.2.2 Threats From New Entrants
5.2.3 Power of Buyer
5.2.4 Threat From Substitute Product
5.2.5 Degree of Competition

Chapter 6 Global Clonic Stent Market -Industry Snapshots
6.1 Overview
6.1.1 Global Clonic Stent Market Value, 2019 - 2028, (US$ Bn)
6.2 Market Overview
6.2.1 Drivers Analysis
6.2.2 Restraint/Challenges analysis
6.2.3 Opportunity Analysis
6.3 Supply Chain/Value Chain Analysis
6.4 Market SWOT Analysis

Chapter 7 Global Clonic Stent Market Analysis, by Indication
7.1 Overview
7.2 Key Findings for Clonic Stent Market- By Type
7.2.1 Clonic Stent Market- Colorectal Cancer/Bridge to Surgery
7.2.2 Clonic Stent Market- Benign Colonic Strictures
Clonic Stent market by Indications 2, 2019 - 2028 (USD Million)
7.2.3 Clonic Stent Market- Other Indications
Clonic Stent market by Indications 3, 2019 - 2028 (USD Million)

Chapter 8 Global Clonic Stent Market Analysis, by Product Type
8.1 Overview
8.2 Key Findings for Clonic Stent Market- By Product Type
8.2.1 Clonic Stent Market- Self-Expandable Metal Stents
Clonic Stent market by Product Type 1, 2019 - 2028 (USD Million)
8.2.2 Clonic Stent Market- Nitinol Stent
8.2.3 Clonic Stent Market- Elgiloy
Clonic Stent market by Product Type 3, 2019 - 2028 (USD Million)

Chapter 9 Global Clonic Stent Market Analysis, by End User
9.1 Overview
9.2 Key Findings for Clonic Stent Market- By End User
9.2.1 Clonic Stent Market- Hospitals
Clonic Stent market by End User 1, 2019 - 2028 (USD Million)
9.2.2 Clonic Stent Market- Specialty Clinics
Clonic Stent market by End User 2, 2019 - 2028 (USD Million)

Chapter 10 Clonic Stent Market Analysis by Region
10.1 Key Findings for Clonic Stent Market- By region
10.2 Overview
10.2.1 Global Clonic Stent Market Analysis, By Type, 2019 - 2028
10.2.2 Global Clonic Stent Market Analysis, By Product Type, 2019 - 2028
10.2.3 Global Clonic Stent Market Analysis, By End User, 2019 - 2028
10.3 Clonic Stent Market North America
10.3.1 Overview
10.3.2 U.S.
10.3.3 Canada
10.3.4 Mexico
10.3.5 North America Market, By Type
10.3.6 North America Market, By Product Type
10.3.7 North America Market, By End User
10.4 Clonic Stent Market Europe
10.4.1 Overview
10.4.2 Germany
10.4.3 United Kingdom
10.4.4 France
10.4.5 Italy
10.4.6 Rest Of Europe
10.4.7 Europe Market, By Type
10.4.8 Europe Market, By Product Type
10.4.9 Europe market by, End User
10.5 Clonic Stent Market Asia Pacific
10.5.1 Overview
10.5.2 China
10.5.3 Japan
10.5.4 India
10.5.5 Rest of APAC
10.5.6 Asia Pacific Market, By Type
10.5.7 Asia Pacific Market, By Product Type
10.5.8 Asia Pacific Market, By End User
10.6 Clonic Stent Market Rest Of World
10.6.1 Overview
10.6.2 Middle East & Africa (MEA)
10.6.3 South America
10.6.4 Rest Of World
10.6.5 South America, Middle East and Africa Market, By Type
10.6.6 South America, Middle East and Africa Market, By Product Type
10.6.7 South America, Middle East and Africa Market, By End User

Chapter 11 Market Competition Analysis
11.1 Market Share/Positioning Analysis
11.1.1 Market Positioning of Key Vendors, 2019
11.1.2 Key Strategies Adopted by the Leading Players
11.1.3 Recent Developments

Chapter 12 Company Profiles- Snapshot
12.1 MI-TECH
12.1.1 Business Fundamentals
12.1.2 Financial Snapshots
12.1.3 Product Portfolio
12.1.4 Recent Developments
12.2 Boston Scientific Corporation,
12.3 Cook Medical Inc.,
12.4 Ella-CS Ltd.,
12.5 TaeWoong Medical,
12.6 Olympus Corporation.
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies

Chapter 13 Appendix

List Of Tables

TABLE 1 Clonic Stent market by Indications
TABLE 2 1, 2019 - 2028 (USD Million)
TABLE 3 Clonic Stent market by Product Type 2, 2019 - 2028 (USD Million)
TABLE 4 Global Clonic Stent Market Value, By Type, 2019 - 2028 (US$ Bn)
TABLE 5 Global Clonic Stent Market Value, By Product Type, 2019 - 2028 (US$ Bn)
TABLE 6 Global Clonic Stent Market Value, By End User, 2019 - 2028 (US$ Bn)
TABLE 7 Clonic Stent Market Analysis by North America (USD Million), 2019 - 2028
TABLE 8 U.S. Clonic Stent Market, 2019 - 2028 (USD Million)
TABLE 9 U.S. Clonic Stent Market, By Type, 2019 - 2028 (USD Million)
TABLE 10 U.S. Clonic Stent Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 11 U.S. Clonic Stent Market, By End User, 2019 - 2028 (USD Million)
TABLE 12 Canada Clonic Stent Market, 2019 - 2028 (USD Million)
TABLE 13 Canada Clonic Stent Market, By Type, 2019 - 2028 (USD Million)
TABLE 14 Canada Clonic Stent Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 15 Canada Clonic Stent Market, By End User, 2019 - 2028 (USD Million)
TABLE 16 Mexico Clonic Stent Market, 2019 - 2028 (USD Million)
TABLE 17 Mexico Clonic Stent Market, By Type, 2019 - 2028 (USD Million)
TABLE 18 Mexico Clonic Stent Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 19 Mexico Clonic Stent Market, By End User, 2019 - 2028 (USD Million)
TABLE 20 Clonic Stent Market Analysis by Europe (USD Million), 2019 - 2028
TABLE 21 Germany Clonic Stent Market, 2019 - 2028 (USD Million)
TABLE 22 Germany Clonic Stent Market, By Type, 2019 - 2028 (USD Million)
TABLE 23 Germany Clonic Stent Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 24 Germany Clonic Stent Market, By End User, 2019 - 2028 (USD Million)
TABLE 25 United Kingdom Clonic Stent Market, 2019 - 2028 (USD Million)
TABLE 26 United Kingdom Clonic Stent Market, By Type, 2019 - 2028 (USD Million)
TABLE 27 United Kingdom Clonic Stent Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 28 United Kingdom Clonic Stent Market, By End User, 2019 - 2028 (USD Million)
TABLE 29 France Clonic Stent Market, 2019 - 2028 (USD Million)
TABLE 30 France Clonic Stent Market, By Type, 2019 - 2028 (USD Million)
TABLE 31 France Clonic Stent Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 32 France Clonic Stent Market, By End User, 2019 - 2028 (USD Million)
TABLE 33 Italy Clonic Stent Market, 2019 - 2028 (USD Million)
TABLE 34 Italy Clonic Stent Market, By Type, 2019 - 2028 (USD Million)
TABLE 35 Italy Clonic Stent Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 36 Italy Clonic Stent Market, By End User, 2019 - 2028 (USD Million)
TABLE 37 Rest Of Europe Clonic Stent Market, 2019 - 2028 (USD Million)
TABLE 38 Rest Of Europe Clonic Stent Market, By Type, 2019 - 2028 (USD Million)
TABLE 39 Rest Of Europe Clonic Stent Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 40 Rest of Europe Clonic Stent Market, By End User, 2019 - 2028 (USD Million)
TABLE 41 Clonic Stent Market Analysis by Asia Pacific (USD Million), 2019 - 2028
TABLE 42 China Clonic Stent Market, 2019 - 2028 (USD Million)
TABLE 43 China Clonic Stent Market, By Type, 2019 - 2028 (USD Million)
TABLE 44 China Clonic Stent Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 45 China Clonic Stent Market, By End User, 2019 - 2028 (USD Million)
TABLE 46 Japan Clonic Stent Market, 2019 - 2028 (USD Million)
TABLE 47 Japan Clonic Stent Market, By Type, 2019 - 2028 (USD Million)
TABLE 48 Japan Clonic Stent Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 49 Japan Clonic Stent Market, By End User, 2019 - 2028 (USD Million)
TABLE 50 India Clonic Stent Market, 2019 - 2028 (USD Million)
TABLE 51 India Clonic Stent Market, By Type, 2019 - 2028 (USD Million)
TABLE 52 India Clonic Stent Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 53 India Clonic Stent Market, By End User, 2019 - 2028 (USD Million)
TABLE 54 Rest of APAC Clonic Stent Market, 2019 - 2028 (USD Million)
TABLE 55 Rest of APAC Clonic Stent Market, By Type, 2019 - 2028 (USD Million)
TABLE 56 Rest of APAC Clonic Stent Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 57 Rest of APAC Clonic Stent Market, By End User, 2019 - 2028 (USD Million)
TABLE 58 Clonic Stent Market Analysis by Rest Of World (USD Million), 2019 - 2028
TABLE 59 Middle East & Africa (MEA) Clonic Stent Market, 2019 - 2028 (USD Million)
TABLE 60 Middle East & Africa (MEA) Clonic Stent Market, By Type, 2019 - 2028 (USD Million)
TABLE 61 Middle East & Africa (MEA) Clonic Stent Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 62 Middle East & Africa (MEA) Market, By End User, 2019 - 2028 (USD Million)
TABLE 63 South America Clonic Stent Market, 2019 - 2028 (USD Million)
TABLE 64 South America Clonic Stent Market, By Type, 2019 - 2028 (USD Million)
TABLE 65 South America Clonic Stent Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 66 South America Clonic Stent Market, By End User, 2019 - 2028 (USD Million)
TABLE 67 Rest Of World Clonic Stent Market, 2019 - 2028 (USD Million)
TABLE 68 Rest Of World Clonic Stent Market, By Type, 2019 - 2028 (USD Million)
TABLE 69 Rest Of World Clonic Stent Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 70 Rest Of World Clonic Stent Market, By End User, 2019 - 2028 (USD Million)

List Of Figures

FIG. 1 Global Clonic Stent : Market Segmentation
FIG. 2 Global Clonic Stent Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Market Snapshot
FIG. 5 Porters Five Forces Analysis
FIG. 6 Global Clonic Stent Market Value, 2019 - 2028, (US$ Bn)
FIG. 7 Supply Chain/Value Chain Analysis
FIG. 8 Global Clonic Stent Market Value Contribution, By Type, 2019 & 2026 (%)
FIG. 9 Global Clonic Stent Market Value Contribution, By Product Type, 2019 & 2026 (%)
FIG. 10 Global Clonic Stent Market Value Contribution, By End User, 2019 & 2026 (%)
FIG. 11 Global Clonic Stent Market Value, 2019 - 2028, (US$ Bn)
FIG. 12 North America Clonic Stent Market Value, 2019 - 2028, (US$ Bn)
FIG. 13 Clonic Stent Market Segment 1 North America
FIG. 14 Clonic Stent Market Segment 2 North America
FIG. 15 Clonic Stent Market Segment 3 North America
FIG. 16 Clonic Stent U.S. outlook, 2019 & 2026
FIG. 17 Clonic Stent Canada outlook, 2019 & 2026
FIG. 18 Clonic Stent Mexico outlook, 2019 & 2026
FIG. 19 Europe Clonic Stent Market Value, 2019 - 2028, (US$ Bn)
FIG. 20 Clonic Stent Market Segment 1 Europe
FIG. 21 Clonic Stent Market Segment 2 Europe
FIG. 22 Clonic Stent Market Segment 3 Europe
FIG. 23 Clonic Stent Germany outlook, 2019 & 2026
FIG. 24 Clonic Stent United Kingdom outlook, 2019 & 2026
FIG. 25 Clonic Stent France outlook, 2019 & 2026
FIG. 26 Clonic Stent Italy outlook, 2019 & 2026
FIG. 27 Clonic Stent Rest Of Europe outlook, 2019 & 2026
FIG. 28 Asia Pacific Clonic Stent Market Value, 2019 - 2028, (US$ Bn)
FIG. 29 Clonic Stent Market Segment 1 Asia Pacific
FIG. 30 Clonic Stent Market Segment 2 Asia Pacific
FIG. 31 Clonic Stent Market Segment 2 Asia Pacific
FIG. 32 Clonic Stent China outlook, 2019 & 2026
FIG. 33 Clonic Stent Japan outlook, 2019 & 2026
FIG. 34 Clonic Stent India outlook, 2019 & 2026
FIG. 35 Clonic Stent Rest of APAC outlook, 2019 & 2026
FIG. 36 Rest Of World Clonic Stent Market Value, 2019 - 2028, (US$ Bn)
FIG. 37 Clonic Stent Market Segment 1 Rest Of World
FIG. 38 Clonic Stent Market Segment 2 Rest Of World
FIG. 39 Clonic Stent Market Segment 3 Rest Of World
FIG. 40 Clonic Stent Middle East & Africa (MEA) outlook, 2019 & 2026
FIG. 41 Clonic Stent South America outlook, 2019 & 2026
FIG. 42 Clonic Stent Rest Of World outlook, 2019 & 2026

Companies Mentioned

MI-TECH
Boston Scientific Corporation,
Cook Medical Inc.,
Ella-CS Ltd.,
TaeWoong Medical,
Olympus Corporation

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