Top 6 Vendors in the Enteral Stents Market From 2017 to 2021 | Technavio

LONDON–()–Technavio
has announced the top six leading vendors in their recent global
enteral stents market
report. This research report also lists
four other prominent vendors that are expected to impact the market
during the forecast period.

The global enteral stents market is expected to grow at a steady pace
owing to the growing usage of enteral stents in various procedures
(non-malignant complications). In addition, the major trends expected to
contribute largely toward the market growth are the introduction of
biodegradable enteral stent, growing demand for nitinol-coated SEMS, and
enhancement in material, design, and technology.

Competitive vendor landscape

The global enteral
stents market
is a highly competitive and concentrated market with
key players accounting for dominant shares. To remain competitive in the
market, vendors are adopting various market strategies, which are
helping them to increase their market share. They are focusing on
investing a significant amount on technological platforms to extend
their presence in the market. This helps in developing next-generation
and novel technological products.

“Vendors adopt competitive pricing strategy to increase their shares
in the market. As global players are increasing their footprint, local
vendors are experiencing intense competition from them, especially with
regard to quality, features, and capability of the enteral stents. In
turn, global vendors are experiencing competition from local vendors
regarding pricing. The competitive environment in this market is
expected to intensify with increase in technological innovation, product
extension, and increase in M&A,”
says Barath Palada, a lead orthopedics
and medical devices
research analyst…

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