According to IMARC Group latest report titled” Gastrointestinal Stents Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing strong growth. The global gastrointestinal stents market to exhibit moderate growth during the next five years.
Market Trends:
Gastrointestinal stents market demand refer to cylindrical tube grafts inserted in the body to preclude blockages in the gullet, stomach, and small intestine. These stents are manufactured using the semirigid, plastic, or self-expanding mesh that are mainly placed in bile ducts, esophagus, or colon, for removing obstruction and reducing the pressure caused by inflammation. Gastrointestinal stents commonly include colonic, duodenal, biliary, pancreatic, and esophageal stents.
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The high prevalence of colorectal cancer, along with the rising inclination towards minimally invasive surgeries, is primarily driving the market growth. Furthermore, the increasing geriatric population who are prone to bowel ailment, diverticulosis, and gastrointestinal malignancies, is also propelling the market for gastrointestinal stents. Moreover, the rising demand for technologically advanced biodegradable and nitinol material-based stents is further augmenting the market growth. Additionally, the increasing use of self-expandable metal stents for the treatment of anastomotic leaks and perforation leads is expected to propel the market for gastrointestinal stents.
Competitive Landscape with Key players:
The competitive landscape of the industry has also been examined with some of the key players.
- Becton
- Dickinson and Company
- Boston Scientific Corporation
- Cantel Medical Corporation
- Conmed Corporation
- Cook Group Incorporated
- ELLA-CS
- R.O.
- Hobbs Medical Inc.
- Merit Medical Systems Inc.
- Olympus Corporation
- Taewoong Medical Co. Ltd
Global Gastrointestinal Stents Market Segmentation:
Our report has categorized the market based on Region, Product Type, Technology Type, Material Type and End-Use.
By Product Type:
- Biliary Stents
- Duodenal Stents
- Colonic Stents
- Pancreatic Stents
- Esophageal Stents
By Technology Type:
- Anti-Migratory Stents
- Drug-Eluting Stents
- Radioactive Stents
- Anti-Reflux Stents
- Shape-Modified Stents
- Others
By Material:
- Plastic Stents
- Self-Expanding Metal Stents
- Stainless Steel Stents
- Nitinol Stents
- Others
- Covered Self-Expandable Metallic Stents
- Biodegradable or Drug Eluting Stents
By End User:
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centres
- Others
By Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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The Global Gastrointestinal Stents Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.DriversIncreasing occurrence of gastrointestinal diseasesRise in adoption of minimally invasive proceduresRestraintsAbsence of early diagnosis and prompt treatmentThe comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activityinvolved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on product type, stent type, application and end-user.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Browse the complete Global Gastrointestinal Stents Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/20317-gastrointestinal-stents-market-reportThe report also covers the complete competitive landscape of the global Gastrointestinal Stents market with company profiles of key players such as:Becton, Dickinson and CompanyBoston Scientific CorporationC.R.Bard Inc.CONMED CorporationCook MedicalELLA-CS, s.r.oMerit Medical Systems Inc.Olympus CorporationS Biotech Inc.Taewoong Medical Co. Ltd.W.L.
Gore & Associates Inc.A detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Product Type:Esophageal StentsDuodenal StentsColonic StentsBiliary/Pancreatic StentsBy Stent Type:Metal StentsPlastic StentsBiodegradable/Drug Eluting StentsBy Applications:Gastrointestinal ObstructionsColorectal CancerInflammatory Bowel DiseaseOthers (GI Bleeding, Gastric Cardia Cancer etc.
