#Endoprosthesis Market Size

[health-views-updates]

Endoprosthesis Market Size, Share & Trends to Watch 2024-2032

The Endoprosthesis Market Revenue was valued at USD 10.13 billion in 2023 and is projected to grow significantly, reaching USD 23.70 billion by 2031, with a robust CAGR of 11.21% over the forecast period 2024-2031. This growth reflects the increasing global demand for advanced medical implants to address orthopedic and cardiovascular conditions.

Key Drivers of Market Growth

The rising prevalence of chronic diseases, including osteoarthritis, cardiovascular ailments, and dental conditions, has amplified the need for endoprostheses worldwide. Advances in material science, including the development of biocompatible materials, have further driven the adoption of these devices by improving their durability, functionality, and patient outcomes.

Additionally, the growing geriatric population, who are more prone to conditions requiring surgical intervention, is a major contributor to the market’s expansion. The increased awareness about the benefits of minimally invasive procedures and the rise in healthcare expenditure are further propelling the demand for endoprosthetic solutions.

Technological Advancements and Regional Insights

Innovative technologies such as 3D printing and custom-designed implants are revolutionizing the market. These advancements allow for the creation of patient-specific solutions, enhancing the fit and function of endoprostheses. Meanwhile, North America leads the global market, driven by high healthcare expenditure, robust infrastructure, and an aging population. The Asia-Pacific region is expected to experience rapid growth due to increasing healthcare access, government initiatives, and the rising burden of chronic diseases.

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Market Outlook

The endoprosthesis market is poised for sustained growth as healthcare providers and manufacturers continue to innovate. The integration of artificial intelligence and robotics in surgical procedures, combined with the development of lighter, stronger, and more durable materials, is expected to shape the future of the market. Furthermore, the growing focus on value-based healthcare and patient satisfaction will drive the adoption of advanced endoprosthetic solutions globally.

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Endoprosthesis Market Size: Current and Future Analysis

The Endoprosthesis Market Size was valued at USD 10.13 billion in 2023 and is expected to reach USD 23.70 billion by 2031 and grow at a CAGR of 11.21% over the forecast period 2024-2031.The endoprosthesis market is experiencing significant growth driven by advancements in medical technology, an aging global population, and an increase in chronic diseases requiring joint replacements and other internal prosthetic solutions. Innovations in biomaterials, improved surgical techniques, and personalized prosthetic designs are enhancing the functionality and longevity of endoprostheses, making them more attractive to both patients and healthcare providers. Additionally, rising awareness about minimally invasive procedures and the growing demand for enhanced quality of life post-surgery are fueling market expansion.

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Market Scope & Overview

To establish the global market size, the market research study analyses historical data and forecasts. The global business overview includes market data and analysis for businesses and consumers, as well as tables and figures with key industry statistics. Primary and secondary approaches, well-known research methods, and services are all examined in the Endoprosthesis Market  research study.

The fundamental market characteristics and prospects, as well as its limits and main competitors, corporate profiles, and overall strategy for expanding a presence in local and global marketplaces, are all reviewed during research during a market analysis. The market research report is an excellent source of information, and market reports are crucial for any worldwide business. Endoprosthesis Market  research examines a diverse set of countries in order to provide a qualitative and quantitative assessment of the global economy over time.

Market Segmentation Analysis

By Product

Knee

Hip

Shoulder

Elbow

Finger/Hand

Ankle/Foot

By Knee

Primary

Partial

Revision Knee Replacement

Tumor

Custom Made

By Hip

Primary

Partial

Revision Hip Replacement

Tumor

Custom Made

By Shoulder

Primary

Revision Shoulder Replacement

Tumor

Custom Made

By Elbow

Total Elbow

Radial Head Replacement

Tumor

Custom Made

COVID-19 Pandemic Impact Analysis

The research report describes in detail how these pandemics affected various sections of the world. The global expansion of the COVID-19 outbreak has had a significant influence on the Endoprosthesis Market  from a number of perspectives. Furthermore, the research report provides market participants' advice for being successful in such challenging times.

Regional Outlook

The research report sheds light on recent developments in key regional markets as well as the various options open to service providers worldwide. This research report covers Europe, North America, Latin America, Asia Pacific, and the Rest of the World. A competitive market Endoprosthesis Market industry analysis evaluates all of the major competitors based on corporate strengths and product offerings.

Competitive Analysis

The research investigates the field's significance, as well as its numerous components and expected impacts. Professional viewpoints, environmental facts, and marketing strategies are all discussed. The Endoprosthesis Market  research covers upstream sector differences, market segmentation, business climate, demand development, and cost and pricing structure.

Key Reasons to Purchase Endoprosthesis Market  Report

Financial analytics, fundamental data, regional engagement, sales efficiency, product quality, and sector contribution are used to evaluate the market's top companies.

The outcomes of internal expert interviews, substantial secondary research, and primary interviews are evaluated in the market report.

Conclusion

Endoprosthesis Market  research considers a variety of factors, such as market size, key firms' effective business strategies, and regional firm penetration. These findings are critical for developing market-dominating techniques.

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Related  Reports

Genomics Services Industry

Analgesics Industry

Immunomodulators Industry

Glaucoma Therapeutics Industry

DNA Synthesis Industry

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Development of a Wireless Temperature Sensor Using Polymer-Derived Ceramics

A temperature sensor has been developed using an embedded system and a sensor head made of polymer-derived SiAlCN ceramics (PDCs). PDC is a promising material for measuring high temperature and the embedded system features low-power consumption, compact size, and wireless temperature monitor. The developed temperature sensor has been experimentally tested to demonstrate the possibility of using such sensors for real world applications.

1. Introduction

Accurate temperature measurements are crucial for many applications, such as chemical processing, power generation, and engine monitoring. As a result, development of temperature sensors has always been a focus of microsensor field. A variety of materials have been studied for temperature sensor applications, for example, semiconducting silicon and silicon carbide. Silicon based sensors are typically used at temperatures lower than 350°C due to accelerated material degradation at higher temperature [1, 2]. Silicon carbide based sensors are better than silicon based sensors in high temperature measurement and can be applied in temperatures up to 500°C [3–5].

Polymer-derived SiAlCN ceramics (PDCs) are another widely studied material that demonstrate properties such as excellent high temperature stability [6] as well as good oxidation/corrosion resistance [7]. PDCs have been considered as a promising material for measuring high temperature [8]. Our early works have showed that PDC sensor head can accurately measure high temperature up to 830°C [9] using data acquisition system from National Instruments. The cost and size of the sensor system must be significantly reduced before it can be deployed for real world applications. In this paper, we develop a temperature sensor using PDC and an embedded system. Comparing to the National Instruments data acquisition equipment used in the previous paper, the newly developed embedded sensor is much smaller (9.7 dm3 versus 0.3 dm3), lighter (5.97 kg versus 0.19 kg), and cheaper (approximately $8000 versus $170). A WiFi module is also added so the temperature measurement can be transmitted wirelessly. The embedded board and WiFi module used in this paper are commercially available. The experiments in this paper demonstrate the possibility of deploying PDC based sensors for real world applications.

2. Fabrication of the PDC Sensor Head

In this study, the PDC sensor head is fabricated by following the procedure reported previously [9]. In brief, 8.8 g of commercially available liquid-phased polysilazane (HTT1800, Kion) and 1.0 g of aluminum-tri-sec-butoxide (ASB, Sigma-Aldrich) are first reacted together at 120°C for 24 hours under constant magnetic stirring to form the liquid precursor for SiAlCN. The precursor is then cooled down to room temperature, followed by adding 0.2 g of dicumyl peroxide (DP) into the liquid under sonication for 30 minutes. DP is the thermal initiator which can lower the solidification temperature and tailor the electrical properties [10]. The resultant liquid mixture is solidified by heat-treatment at 150°C for 24 hours. The disk-shaped green bodies are then prepared by ball-milling the solid into fine powder of ~1 μm and subsequently uniaxially pressing. A rectangular-shaped sample is cut from the discs and pyrolyzed at 1000°C for 4 hours. The entire fabrication is carried out in high-purity nitrogen to avoid any possible contamination.

Pt wires are attached to the sensor head by two ceramic fasteners on the two mounting holes on the diagonal of the sensor head. To improve the conductivity, both mounting holes are coated with Pt plasma; see Figure 1.

To measure temperature using the PDC sensor, the processor needs to perform the following tasks: () supply voltage  to the circuit through DAC7724; () sample the circuit output  using AD7656 and convert the output to temperature measurement; and () transmit data to readers from the RS232 port.

The input signal  to the conversion circuit is a sinusoidal signal of ±10 V. The sinusoidal signal can bypass the parasitic capacitor in series to the PDC probe. The noise from the furnace coil can also be greatly subdued. The sensor output voltage  is approximately sinusoidal as well and its magnitude can be computed using Fast Fourier Transformation (FFT) or curve fitting using recursive least square method (RLSM) [11]. Comparing to FFT, RLSM is more computationally efficient but may have numerical instability because TMS320F28335 only supports IEEE 754 floating-point arithmetic. Here we prefer FFT for fast prototyping purpose because Texas Instruments provides FPU library that performs floating FFT routines on C2000 series microcontroller. Next we explain how the sensor works.

A high-priority interrupt service request (ISR1) based on a CPU timer continues reading a look-up-table and drives the DAC7724 to generate the input signal . The frequency of  is controlled by the frequency of ISR1. ISR1 also samples circuit output from AD7656 and adds the data to a 1024-point buffer if there is no FFT running. Once the buffer is filled up, ISR1 stops writing the buffer and the FFT routine starts. The FFT routine is implemented in another slower low-priority interrupt service (ISR2). Once the FFT routine is completed, ISR2 will give ISR1 the permission to clean and write the input buffer again. The magnitude from the FFT is used as the circuit output . The software flowchart is shown in Figure 4.

High temperature sensors capable of operating in harsh environments are needed in order to prevent disasters caused by structural or system functional failures due to increasing temperatures. Most existing temperature sensors do not satisfy the needs because they require either physical contact or a battery power supply for signal communication, and furthermore, neither of them can withstand high temperatures nor rotating applications. This paper presents a novel passive wireless temperature sensor, suitable for working in harsh environments for high temperature rotating component monitoring. A completely passive LC resonant telemetry scheme, relying on a frequency variation output, which has been applied successfully in pressure, humidity and chemical measurement, is integrated with a unique high-k temperature sensitive ceramic material, in order to measure the temperatures without contacts, active elements, or power supplies within the sensor. In this paper, the high temperature sensor design and performance analysis are conducted based on mechanical and electrical modeling, in order to maximize the sensing distance, the Q factor and the sensitivity. In the end, the sensor prototype is fabricated and calibrated successfully up to 235ºC, so that the concept of temperature sensing through passive wireless communication is proved.

This paper aims to develop a prototype for a web-based wireless remote temperature monitoring device for patients. This device uses a patient and coordinator set design approach involving the measurement, transmission, receipt and recording of patients’ temperatures via the MiWi wireless meter iot solution. The results of experimental tests on the proposed system indicated a wider distance coverage and reasonable temperature resolution and standard deviation. The system could display the temperature and patient information remotely via a graphical-user interface as shown in the tests on three healthy participants. By continuously monitoring participants’ temperatures, this device will likely improve the quality of the health care of the patients in normal ward as less human workload is involved.

Background

During the severe acute respiratory syndrome (SARS) outbreak in 2003, hospitals became treatment centres in most countries. Because a patient’s core body temperature is one vital parameter for monitoring the progress of the patient’s health, it is often measured manually at a frequency ranging from once every few hours to once a day [1]. However, such manual measurement of the temperature of patients requires the efforts of many staff members. In addition, when the patients suffer from conditions that result in abrupt changes of the core body temperature, e.g., due to infection at a surgical site after surgery, the staff on duty will not know such a temperature change occurred until the next temperature measurement. Such a delay may lead to patients being unnoticed while their health conditions worsen, which is dangerous because a difference of 1.5 degrees Celsius can result in adverse outcomes [2]. Furthermore, there is always a need to have a monitoring system to improve the quality of health care [3], such as temperature monitoring of elderly and challenged persons using a wireless remote temperature monitoring system.

Body temperature can be used to monitor the pain level of a patient following an operation [4] or after shoulder endoprosthesis [5]. In some cases, the tissue transient temperature was monitored during microwave liver ablation [6] for the treatment of liver metastases. Instead of using a temperature sensor, pulse-echo ultrasound [7] was used to visualize changes in the temperature of the patient’s body. In addition, a non-contact temperature-measuring device, such as a thermal imaging camera [8], was successfully used to detect human body temperature during the SARS outbreak. However, it can be quite expensive to equip each patient room with a thermal imaging camera. In addition, there are a few wireless temperature measuring solution (e.g., CADIT™, Primex™, and TempTrak™) on the market that are used to monitor and store a patient’s temperature for medical research by using body sensor networks [9]. Most of these systems consist of an electronic module and a temperature-sensing device. The systems include a stand-alone electronic module with a display screen that allows the temperature sensor data to be transmitted over a secure wireless network.

However, these systems can be difficult to reconfigure to suit the current database system used in the hospital. In addition, the current systems using short message service (SMS)-based telemedicine [10] systems with hardware equipment were developed to monitor the mobility of patients. However, proper hardware and software to manage the messages and the patient’s temperature for display on mobile phones are not widely available.

Hence, a medical device to continuously measure the body temperature of patients using a wireless temperature receiver [4,11,12] is required. With such a wireless temperature sensor system, nurses will no longer have to manually measure the temperature of patients, which will free their time for other tasks and also reduce the risk associated with coming into contact with patients with contagious diseases, such as SARS. The readings will be transmitted wirelessly to the central nurse station, where they can be monitored by the staff-on-duty. In addition, the current and past history of the body temperature measurements can be stored in an online database, which allows the medical staff to access the database when they are not in the hospital.

To the best of our knowledge, a MiWi wireless (besides using the Zigbee[11]) temperature-monitoring system using a patient and coordinator set design that provides remote internet access to the temperature database has not been reported in any publication. The objective is therefore to develop and implement a prototype temperature-monitoring system for patients using a MiWi wireless remote connection to the nurse’s station for frequent real-time monitoring. The temperature monitoring system was designed based on a proposed patient and coordinator set design approach. The proposed temperature-monitoring system for use in normal ward will likely to improve the quality of the health care of the patients as the nursing workload is reduced. In this paper, the discussion on medical regulations and policy will not be included.

[wiseguy45]

Endoprosthesis  Marketresearch, Endoprosthesis  Marketreport, Endoprosthesis  Marketresearch report

[jesse-pinkman123]

Gastrointestinal Stents Market Size Share Trends Forecast Analysis 2026

Gastrointestinal Stents Market – Market Dynamics

Growth of the global Gastrointestinal Stents Market is expected to be fuelled by increasing product launches with novel technology by key players in the market. For instance, in 2013, Cook Medical Inc. received U.S. Food and Drug Administration (FDA) for biliary stent, adding to the line of controlled-release gastrointestinal tract. Moreover, Evolution biliary stent incorporates patency design, to prevent migration of stent after its insertion. Furthermore, in 2012, Boston Scientific Corporation launched WallFlex, biliary Transhepatic Stent System for the treatment of benign biliary strictures. Companies are focusing on manufacturing stents with biodegradable material to eliminate stent removal procedures. However, implantable products are subjected to stringent regulations, and this is expected to hinder growth of the gastrointestinal stent market. Moreover, complication associated with gastrointestinal stent implantation is also expected to be major factor leading to low adoption of these device.

Stents are tubular device used for insertion in lumen such as esophagus, colon or blood vessel. Stents are safe and effective alternative to surgery or repetitive endoscopic procedures. Gastrointestinal stents are used to open bile ducts, esophagus, small bowel, and colon when blocked by large, cancerous tissue growth. Stents can be removable or permanently implantable based on the material used. The role of stenting is decreasing patients’ digestive tract obstruction. Moreover, advancement in technology has led to improvement in stent performance and reduced stent-induced complications to improve quality of life and this is expected to propel the gastrointestinal stent market growth.

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Increasing demand for minimally invasive procedures is expected to be a major factor driving growth of gastrointestinal stents market size. Gastrointestinal stenting is considered as minimally invasive therapy and is increasingly gaining popularity, owing to its advantages such as low risk of infection, less recovery time as compared to conventional open surgery procedures, and reduced hospital stay.

Increasing prevalence of urological and gastrointestinal disorders are propelling demand of gastrointestinal stents during the forecast period. According to Center for Disease Control and Prevention (CDC), in 2015, number of adults diagnosed in U.S. with ulcer in digestive tract are 14.7 million, comprising 6% of the total adult population. Moreover, according to American Cancer Society’s estimation for year 2018 suggests that 9,220 new cases of colon cancer are expected to be diagnosed in the U.S. Moreover, increasing number of patients with gastrointestinal tumors is also adding to patient pool that can be subjected to gastrointestinal stent implantation.

Gastrointestinal Stents Market - Regional Analysis

Regional segmentation of Gastrointestinal Stents Market by Coherent Market Insights includes North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America held the dominant position in the gastrointestinal stents market in 2017 and is expected to retain its dominance over the forecast period. This is owing to increasing number of intestinal cancer cases and favorable reimbursement policies in the region. For instance, in 2017, American Cancer Society estimated 4,000 to 6,000 cases each year in the U.S. for gastrointestinal stromal tumors.

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Gastrointestinal Stents Market – Competitive Analysis

Major market players operating in the gastrointestinal stents market are Boston Scientific Corporation, Medtronic plc, Olympus Medical System, Cook Medical, Ella-CS, Endo-Flex, Diagmed Healthcare, Micro-Tech, W. L. Gore & Associates and Taewoong Medical Co., Ltd.

Market players are focusing on inorganic strategies such as mergers, acquisitions, or collaborations to increase their foothold in the market. For instance, in May 2018, Olympus— a company that designs and delivers innovative solutions for medical and surgical procedures—entered into an agreement with M.I. Tech, a company that designs stents and other devices. Under this agreement, HANAROSTENT, biliary and esophagus stents rolled in the EndoTherapy product portfolio of the company. The displacement of the stents is a major issue faced after the stent is been placed. Targeting these issues, in 2017, W. L. Gore & Associates, the manufacturer of Gore Viabil short wire biliary endoprosthesis stent, launched anti-migration assurance program, under which device will be replaced within a period of one year if it migrates. Furthermore, in 2016, Boston Scientific launched AXIOS stent and Electrocautery Enhanced delivery system, endoscopic system used for minimally invasive treatment of pancreatitis, obtained as a part of acquisition of Xlumena. In 2015, Cardinal Health announced acquisition of Cordis, business of Johnson & Johnson, for US$ 1.944 Bn.

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Europe Data for Surgeries Size, Trends, Opportunity and Forecast 2016-2023

KD Market research has presented a detailed report on  “Europe Data for Surgeries ” which includes the major application, advantages, and key market trends that are fostering the growth of the market during the forecasted span of 6 years. The research takes a step forward and analyzes the key competitors and global regions that are holding the market share of Europe Data for Surgeries in terms of revenue.

The number of hip implant surgeries, major peritoneal surgeries, thoracic surgeries, and ENT surgeries along with the surgeries for central nervous system (CNS), in Europe were valued at 35,860 thousand procedures in 2016 and is projected to reach 41,818 thousand procedures by 2023. The study includes number of hip implants and major peritoneal, thoracic, CNS, and ENT surgeries performed in Europe. In addition, the report includes other relevant details for the aforementioned surgeries such as postoperative stay, infection rates, wound healing, and hygiene requirements during postoperative wound healing.

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Hip implant surgeries involve implantation of an artificial implant in the hip joint. This also involves revision, replacement, and removal of an endoprosthesis at the hip joint. Similarly, peritoneal surgery includes surgeries associated with organs lined by the peritoneum. Most of these procedures involve operation of the digestive tract, including laparotomy & retroperitoneal opening, excision & destruction of peritoneal tissue, closure of abdominal wall & peritoneum, and plastic reconstruction of abdominal wall & peritoneum.

Thoracic surgeries refer to surgical treatment of different chest organs. Common thoracic procedures include video-assisted thoracoscopic surgery (VATS), robot-assisted thoracic surgery, bronchoscopy, navigational bronchoscopy, endobronchial ultrasound (EBUS), endoscopic ultrasound (EUS), mediastinoscopy, segmentectomy, lobectomy, bilobectomy, pneumonectomy, thoracotomy, decortication, tube thoracostomy, pericardial window, tracheostomy, and cardiothoracic surgeries.

CNS surgery includes surgery of the brain, spinal cord, or of the tissue nearby. ENT surgeries include operations of nose, ear, sinuses, oral cavity, pharynx, larynx, and trachea and are performed to treat the conditions that affect senses, including hearing & balance disorders or smell & taste problems.

KEY SEGMENTS

By Surgery Type

Hip Implant Major Peritoneal Surgery Thoracic Surgery CNS Surgery ENT Surgery

By Hospitalization (provided for each surgery type)

Postoperative Stay Infection Rate Wound Healing Hygiene Requirements and Issues

By Country

Germany France UK Italy Spain Russia Rest of Europe

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Table of Content

Chapter: 1: SURGERY VOLUME, BY COUNTRY

1.1. Overview

1.1.1. Procedure data and forecast, by surgery type 1.1.2. Procedure data and forecast, by country

1.2. Germany

1.2.1. Hip implants: number of surgeries 1.2.2. Major peritoneal surgeries: number of surgeries 1.2.3. Thoracic surgeries: number of surgeries 1.2.4. CNS surgeries: number of surgeries 1.2.5. ENT surgeries: number of surgeries

1.3. UK

1.3.1. Hip implants: number of surgeries 1.3.2. Major peritoneal surgeries: number of surgeries 1.3.3. Thoracic surgeries: number of surgeries 1.3.4. CNS surgeries: number of surgeries 1.3.5. ENT surgeries: number of surgeries

1.4. France

1.4.1. Hip implants: number of surgeries 1.4.2. Major peritoneal surgeries: number of surgeries 1.4.3. Thoracic surgeries: number of surgeries 1.4.4. CNS surgeries: number of surgeries 1.4.5. ENT surgeries: number of surgeries

1.5. Italy

1.5.1. Hip implants: number of surgeries 1.5.2. Major peritoneal surgeries: number of surgeries 1.5.3. Thoracic surgeries: number of surgeries 1.5.4. CNS surgeries: number of surgeries 1.5.5. ENT surgeries: number of surgeries

1.6. Spain

1.6.1. Hip implants: number of surgeries 1.6.2. Major peritoneal surgeries: number of surgeries 1.6.3. Thoracic surgeries: number of surgeries 1.6.4. CNS surgeries: number of surgeries 1.6.5. ENT surgeries: number of surgeries

1.7. Russia

1.7.1. Hip implants: number of surgeries 1.7.2. Major peritoneal surgeries: number of surgeries 1.7.3. Thoracic surgeries: number of surgeries 1.7.4. CNS surgeries: number of surgeries 1.7.5. ENT surgeries: number of surgeries

1.8. Rest of Europe

1.8.1. Hip implants: number of surgeries 1.8.2. Major peritoneal surgeries: number of surgeries 1.8.3. Thoracic surgeries: number of surgeries 1.8.4. CNS surgeries: number of surgeries 1.8.5. ENT surgeries: number of surgeries

Chapter: 2: HOSPITALIZATION TIME

2.1. Overview 2.2. Hip implants

2.2.1. Postoperative stay 2.2.2. Infection rate 2.2.3. Wound healing 2.2.4. Hygiene requirements and issues

2.3. Major peritoneal surgeries

2.3.1. Postoperative stay 2.3.2. Infection rate 2.3.3. Wound healing 2.3.4. Hygiene requirements and issues

2.4. Thoracic surgeries

2.4.1. Postoperative stay 2.4.2. Infection rate 2.4.3. Wound healing 2.4.4. Hygiene requirements and issues

2.5. CNS surgery

2.5.1. Postoperative stay 2.5.2. Infection rate 2.5.3. Wound healing 2.5.4. Hygiene requirements and issues

2.6. ENT surgeries

2.6.1. Postoperative stay 2.6.2. Infection rate 2.6.3. Wound healing 2.6.4. Hygiene requirements and issues

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[healthcaretrends-blog]

Gastrointestinal Stents Market : Rise in Trend of Home Health Care is Anticipated to Drive the Growth

Stents are tubular device used for insertion in lumen such as esophagus, colon or blood vessel. Stents are safe and effective alternative to surgery or repetitive endoscopic procedures. Gastrointestinal stents are used to open bile ducts, esophagus, small bowel, and colon when blocked by large, cancerous tissue growth. Stents can be removable or permanently implantable based on the material used. The role of stenting is decreasing patients’ digestive tract obstruction. Moreover, advancement in technology has led to improvement in stent performance and reduced stent-induced complications to improve quality of life and this is expected to propel the gastrointestinal stent market growth.

Gastrointestinal Stents Market – Market Dynamics

Growth of the global gastrointestinal stents market is expected to be fuelled by increasing product launches with novel technology by key players in the market. For instance, in 2013, Cook Medical Inc. received U.S. Food and Drug Administration (FDA) for biliary stent, adding to the line of controlled-release gastrointestinal tract. Moreover, Evolution biliary stent incorporates patency design, to prevent migration of stent after its insertion. Furthermore, in 2012, Boston Scientific Corporation launched WallFlex, biliary Transhepatic Stent System for the treatment of benign biliary strictures. Companies are focusing on manufacturing stents with biodegradable material to eliminate stent removal procedures. However, implantable products are subjected to stringent regulations, and this is expected to hinder growth of the gastrointestinal stent market. Moreover, complication associated with gastrointestinal stent implantation is also expected to be major factor leading to low adoption of these device.

Increasing demand for minimally invasive procedures is expected to be a major factor driving growth of gastrointestinal stents market size. Gastrointestinal stenting is considered as minimally invasive therapy and is increasingly gaining popularity, owing to its advantages such as low risk of infection, less recovery time as compared to conventional open surgery procedures, and reduced hospital stay.

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Increasing prevalence of urological and gastrointestinal disorders are propelling demand of gastrointestinal stents during the forecast period. According to Center for Disease Control and Prevention (CDC), in 2015, number of adults diagnosed in U.S. with ulcer in digestive tract are 14.7 million, comprising 6% of the total adult population. Moreover, according to American Cancer Society’s estimation for year 2018 suggests that 9,220 new cases of colon cancer are expected to be diagnosed in the U.S. Moreover, increasing number of patients with gastrointestinal tumors is also adding to patient pool that can be subjected to gastrointestinal stent implantation.

Gastrointestinal Stents Market - Regional Analysis

Regional segmentation of Gastrointestinal Stents Market by Coherent Market Insights includes North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America held the dominant position in the gastrointestinal stents market in 2017 and is expected to retain its dominance over the forecast period. This is owing to increasing number of intestinal cancer cases and favorable reimbursement policies in the region. For instance, in 2017, American Cancer Society estimated 4,000 to 6,000 cases each year in the U.S. for gastrointestinal stromal tumors.

Gastrointestinal Stents Market – Competitive Analysis

Major market players operating in the gastrointestinal stents market are Boston Scientific Corporation, Medtronic plc, Olympus Medical System, Cook Medical, Ella-CS, Endo-Flex, Diagmed Healthcare, Micro-Tech, W. L. Gore & Associates and Taewoong Medical Co., Ltd.

Market players are focusing on inorganic strategies such as mergers, acquisitions, or collaborations to increase their foothold in the market. For instance, in May 2018, Olympus— a company that designs and delivers innovative solutions for medical and surgical procedures—entered into an agreement with M.I. Tech, a company that designs stents and other devices. Under this agreement, HANAROSTENT, biliary and esophagus stents rolled in the EndoTherapy product portfolio of the company. The displacement of the stents is a major issue faced after the stent is been placed. Targeting these issues, in 2017, W. L. Gore & Associates, the manufacturer of Gore Viabil short wire biliary endoprosthesis stent, launched anti-migration assurance program, under which device will be replaced within a period of one year if it migrates. Furthermore, in 2016, Boston Scientific launched AXIOS stent and Electrocautery Enhanced delivery system, endoscopic system used for minimally invasive treatment of pancreatitis, obtained as a part of acquisition of Xlumena. In 2015, Cardinal Health announced acquisition of Cordis, business of Johnson & Johnson, for US$ 1.944 Bn.

Click To Reading More On Gastrointestinal Stents Market

About Coherent Market Insights:

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Endoprosthesis Industry 2018 - Market Trends, Share, Size and Manufacturers Forecast of Zimmer Biomet, Smith & Nephew, Stryker, Boston Scientific, Wright Medical Technology, BARD Peripheral Vascula...

Press release - ReportsnReports - Endoprosthesis Industry 2018 - Market Trends, Share, Size and Manufacturers Forecast of Zimmer Biomet, Smith & Nephew, Stryker, Boston Scientific, Wright Medical Technology, BARD Peripheral Vascular, Acumed, Gore Medical, Fillauer - published on openPR.com

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Global Venous Stents Market Value to Reach US$ 1.72 Billion by the End of 2025

A new report has been recently added to the vast repository of Market Research Reports Search Engine, titled “Venous Stents Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2025”. Venous stents are primarily utilized for expanding veins in case of blockages. According to the report, the global venous stents market will register a high single-digit CAGR during the forecast period, 2017 to 2025. Over US$ 1.7 Bn worth of venous stents are estimated to be sold globally by 2025-end.

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Demand for Venous Stents to be driven by Growing Adoption of Minimally Invasive Procedures

Mounting cases of lifestyle diseases, obesity, and poor eating habits of consumers worldwide has resulted into various chronic venous ailments. Patients with these diseases require venous stenting, which is typically performed for containing peripheral venous hypertension. Healthcare professionals are shifting their preference toward minimally invasive procedures. Most commonly employed minimally invasive procedures for treating peripheral arterial disease are the peripheral angioplasty. Venous stents are essential in performing peripheral angioplasty as these clear blockage in clogged artery for facilitating blood flow. Growing demand for minimally invasive procedures will drive demand for venous stents. In addition, emergence of efficient technologies for precise placement of venous stents, along with growing focus on developing flexible venous stents will further fuel the market growth.

The global market for venous stents is characterized by the occupancy of local, regional, and new market players. Vendors in the market are increasingly concentrating on provision of innovative products, while competing with one another on the basis of price, capital support for technology or product upgradation, distribution partnerships, and potential alternatives.

Iliac Vein Stent Technology to Remain Leading Revenue Contributor to the Market

On the basis of technology the iliac vein stent technology will continue to be the leading revenue contributor to the market. Growing adoption of the iliac vein stent technology can be attributed to its improved access to deep veins situated in the iliac portion by using advanced surgical tools. Wallstent technology is projected to register the fastest expansion in the market through 2025, mainly because of premarketing approval of the Wallstent Endoprosthesis in the U.S.

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Venous stents are expected to witness the largest application in leg-based venous disorders. This is mainly because key players are continuously working on the development of venous stents specifically for popliteal and femoral veins of the leg. Sales of venous stents in chest application segment has been estimated to exhibit the highest CAGR through 2025. Green signal from regulatory bodies for approval of venous stents dedicated to superior vena cava is the major driver for sales of venous stents in chest application segment. Based on disease indication, sales of venous stents in chronic DVT will continue to register the fastest expansion through 2025.

Europe to Remain Most Lucrative Market for Venous Stents

Europe is expected to remain the most lucrative region for growth of the venous stents market, owing to strategic presence of leading venous stent manufacturers in the region. North America will be the second largest market for venous stents by 2025-end. Growth of the market in North America is expected to remain influenced by ongoing clinical trials in the U.S. related to venous stents, and surging adoption of efficient venous interventional devices in the region’s healthcare settings. The market in Asia Pacific is projected to reflect the fastest growth through 2025.

Key market players profiled by the report include Boston Scientific Corporation, Veniti, Inc., Jotec GmBH, and C. R. Bard, Inc. These market players are making huge investments in clinical trials for understanding implications of their products. Such efforts by market players will lead to the provision of a wide range of products for tackling various vein-related disorders, thereby making the market’s competitive scenario to become patient-oriented.

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MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

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Global Enhanced Durability Resurfacing Endoprosthesis Market Growth, Insights, Analysis, Trends, Overview and Forecasts 2016 to 2021

Global Enhanced Durability Resurfacing Endoprosthesis Industry 2016 Market Overview, Size, Share, Trends, Analysis, Technology, Applications, Growth, Market Status, Demands, Insights, Development, Research and Forecast 2016-2020.

Various factors are responsible for the high revenue growth witnessed in the global Enhanced Durability Resurfacing Endoprosthesis market. However there are a few restraints as well forecast to challenge the market’s trajectory. Nevertheless, through the course of the forecast period starting from 2016 to 2021, the market will continue exhibiting steady growth. The chief drivers supporting the market’s expansion are studied in detail besides including an in-depth analysis of the restraints creating bottleneck for the global Enhanced Durability Resurfacing Endoprosthesis market. Besides this, the profiles of some of the leading market players are included in the report, intended to provide a snapshot of the prevailing competitive landscape.

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For the purpose of the study, the global Enhanced Durability Resurfacing Endoprosthesis market is split on the basis of diverse parameters. Using industry-leading analytical tools, the factors influencing the market’s growth across all its segments are studied in detail. The report compiles exhaustive information sourced via proven research methodologies. Information thus sourced, is logically interspersed relevant graphs, statistics, infographs, and statistics. It is presented in a coherent chapter-wise format. To present a holistic overview, the report also gauges the impact of Porter’s five forces on the global Enhanced Durability Resurfacing Endoprosthesis market. In addition, it investigates the feasibility of potential projects for the new entrants.

In order to present an executive-level blueprint of the prevailing vendor landscape, the report conducts SWOT analysis on the companies profiled. This helps presenting insights into the strengths and weaknesses of the leading companies in the global Enhanced Durability Resurfacing Endoprosthesis market. The analysis also provides valuable information on the opportunities and threats that these companies are likely to witness over the course of the report’s forecast period. The report therefore includes valuable information intended at providing the stakeholders a better perspective about the global Enhanced Durability Resurfacing Endoprosthesis market.

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Table of Contents

Global Enhanced Durability Resurfacing Endoprosthesis Market Research Report 2016 1 Enhanced Durability Resurfacing Endoprosthesis Market Overview 1.1 Product Overview and Scope of Enhanced Durability Resurfacing Endoprosthesis 1.2 Enhanced Durability Resurfacing Endoprosthesis Segment by Type 1.2.1 Global Production Market Share of Enhanced Durability Resurfacing Endoprosthesis by Type in 2015 1.2.2 Type I 1.2.3 Type II 1.2.4 Type III 1.3 Enhanced Durability Resurfacing Endoprosthesis Segment by Application 1.3.1 Enhanced Durability Resurfacing Endoprosthesis Consumption Market Share by Application in 2015 1.3.2 Application 1 1.3.3 Application 2 1.3.4 Application 3 1.4 Enhanced Durability Resurfacing Endoprosthesis Market by Region 1.4.1 North America Status and Prospect (2011-2021) 1.4.2 Europe Status and Prospect (2011-2021) 1.4.3 China Status and Prospect (2011-2021) 1.4.4 Japan Status and Prospect (2011-2021) 1.4.5 Southeast Asia Status and Prospect (2011-2021) 1.4.6 India Status and Prospect (2011-2021) 1.5 Global Market Size (Value) of Enhanced Durability Resurfacing Endoprosthesis (2011-2021)

2 Global Enhanced Durability Resurfacing Endoprosthesis Market Competition by Manufacturers 2.1 Global Enhanced Durability Resurfacing Endoprosthesis Production and Share by Manufacturers (2015 and 2016) 2.2 Global Enhanced Durability Resurfacing Endoprosthesis Revenue and Share by Manufacturers (2015 and 2016) 2.3 Global Enhanced Durability Resurfacing Endoprosthesis Average Price by Manufacturers (2015 and 2016) 2.4 Manufacturers Enhanced Durability Resurfacing Endoprosthesis Manufacturing Base Distribution, Sales Area and Product Type 2.5 Enhanced Durability Resurfacing Endoprosthesis Market Competitive Situation and Trends 2.5.1 Enhanced Durability Resurfacing Endoprosthesis Market Concentration Rate 2.5.2 Enhanced Durability Resurfacing Endoprosthesis Market Share of Top 3 and Top 5 Manufacturers 2.5.3 Mergers & Acquisitions, Expansion

3 Global Enhanced Durability Resurfacing Endoprosthesis Production, Revenue (Value) by Region (2011-2016) 3.1 Global Enhanced Durability Resurfacing Endoprosthesis Production by Region (2011-2016) 3.2 Global Enhanced Durability Resurfacing Endoprosthesis Production Market Share by Region (2011-2016) 3.3 Global Enhanced Durability Resurfacing Endoprosthesis Revenue (Value) and Market Share by Region (2011-2016) 3.4 Global Enhanced Durability Resurfacing Endoprosthesis Production, Revenue, Price and Gross Margin (2011-2016) 3.5 North America Enhanced Durability Resurfacing Endoprosthesis Production, Revenue, Price and Gross Margin (2011-2016) 3.6 Europe Enhanced Durability Resurfacing Endoprosthesis Production, Revenue, Price and Gross Margin (2011-2016) 3.7 China Enhanced Durability Resurfacing Endoprosthesis Production, Revenue, Price and Gross Margin (2011-2016) 3.8 Japan Enhanced Durability Resurfacing Endoprosthesis Production, Revenue, Price and Gross Margin (2011-2016) 3.9 Southeast Asia Enhanced Durability Resurfacing Endoprosthesis Production, Revenue, Price and Gross Margin (2011-2016) 3.10 India Enhanced Durability Resurfacing Endoprosthesis Production, Revenue, Price and Gross Margin (2011-2016)

4 Global Enhanced Durability Resurfacing Endoprosthesis Supply (Production), Consumption, Export, Import by Regions (2011-2016) 4.1 Global Enhanced Durability Resurfacing Endoprosthesis Consumption by Regions (2011-2016) 4.2 North America Enhanced Durability Resurfacing Endoprosthesis Production, Consumption, Export, Import by Regions (2011-2016) 4.3 Europe Enhanced Durability Resurfacing Endoprosthesis Production, Consumption, Export, Import by Regions (2011-2016) 4.4 China Enhanced Durability Resurfacing Endoprosthesis Production, Consumption, Export, Import by Regions (2011-2016) 4.5 Japan Enhanced Durability Resurfacing Endoprosthesis Production, Consumption, Export, Import by Regions (2011-2016) 4.6 Southeast Asia Enhanced Durability Resurfacing Endoprosthesis Production, Consumption, Export, Import by Regions (2011-2016) 4.7 India Enhanced Durability Resurfacing Endoprosthesis Production, Consumption, Export, Import by Regions (2011-2016)

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