Global Gastrointestinal Stent
Market Report
2024
As per the latest report of Cognative Market Research, The Global Gastrointestinal Stent market was valued at USD 480 million in 2022 and will reach USD 721 million by 2030, registering a CAGR of 5.2% for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Gastrointestinal Stent Market Report 2024.
As per the latest report of Cognative Market Research, The Global Gastrointestinal Stent market was valued at USD 480 million in 2022 and will reach USD 721 million by 2030, registering a CAGR of 5.2% for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Gastrointestinal Stent Market Sales Revenue 2022 | $ 480 Million |
Global Gastrointestinal Stent Market Sales Revenue 2030 | $ 721 Million |
Global Gastrointestinal Stent Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.2% |
Market Split by Product Type |
|
Market Split by Application |
|
Market Split by Material Type |
|
Market Split by End User |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Gastrointestinal Stent industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Gastrointestinal Stent Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Gastrointestinal Stent is a small metal or plastic tube put into the stomach to relieve the blockage. Gastrointestinal stents are developed for palliative therapy for various diseases causing obstruction in the gastrointestinal tract. Gastrointestinal stents have a major role in the recanalization of gastrointestinal (GI) tumors and postoperative leak sealing. Other applications of gastrointestinal stents are drug-eluting devices, tissue modeling for benign conditions, and gastrointestinal tract drainage. The increase in the prevalence of IBD, digestive disorders, and gastrointestinal cancer are the major factors for the growth of the market. The rising popularity of minimally invasive (MI) surgical procedures, bowel problems, growing public health awareness, and conditions such as diverticulosis are fuelling the market’s expansion.
Gastrointestinal cancer is one of the major causes of death across the globe. In the past few years, there has been a rise in morbidity and mortality from chronic diseases such as esophageal cancer, colorectal cancer, and gastrointestinal-related critical disorder. In IBD disease treatment two surgeries include surgery for ulcerative colitis – removal of the entire colon & rectum. Surgery for Crohn’s disease – removal of damaged parts of the digestive tract. Technological advancement in the healthcare system, a growing geriatric population, and changing lifestyles are all propelling the gastrointestinal stent market growth. Growth in minimal invasive (MI) surgery which is foregut surgery, appendectomy, and bariatric surgery is boosting the demand for gastrointestinal stents globally.
Gastrointestinal surgeries are costly and require skilled professionals. The prices of medical devices including GI stents have increased across the globe. Healthcare providers & payers in developing countries such as India & Brazil need more financial resources to invest in such a high-cost procedure. Stringent regulatory medical device approval will act as a market growth restraint. Non-favorable reimbursement scenarios in developing and underdeveloped economies will hamper market growth. Complications related to the stents will further pose challenges for the market.
The range of cancer treatment has been significantly impacted by the COVID-19 pandemic. Cancer services have been swiftly reorganized by healthcare systems to guarantee that patients continue to receive crucial care on a global scale. According to studies, the COVID-19 pandemic caused the most havoc for individuals with colorectal cancer. As a result, there were delays in screening, diagnosis, and treatment, which is likely to increase morbidity and mortality. In the University of Pennsylvania Health System trial, COVID-19 was found to be responsible for the decrease in new patient visits for screening of all gastrointestinal cancers. Additionally, colorectal cancer patients were the most negatively impacted. compared to the previous year, hospital admissions for patients with gastrointestinal cancers dropped by 37%.
We have various report editions of Gastrointestinal Stent Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
Olympus, a global technology leader in designing and delivering innovative solutions for medical and surgical procedures, announced the commercial launch of HANAROSTENT Esophagus TTS self-expanding metal stents (SEMS) made by M.l. Tech and distributed exclusively through Olympus in the U.S.
(Source: https://medical.olympusamerica.com/articles/olympus-launches-hanarostent-esophagus-through-scope-tts-stent )
Patients with obstructions due to esophageal cancer may have difficulty swallowing, resulting in a severely limited quality of life. Complete blockages of the esophagus can prevent liquid consumption. The WallFlex Esophageal Stent allows physicians to re-establish patency (openness) of the esophagus, enabling the resumption of oral intake
(Source: https://news.bostonscientific.com/news-releases?item=59200 )
Top Companies Market Share in Gastrointestinal Stent Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
The gastrointestinal stent has five geographic divisions: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2022, North America had the biggest market share for gastrointestinal stents, followed by Europe and the Asia-Pacific region. The market in Asia Pacific is anticipated to expand at the greatest CAGR during the forecast period. The APAC region's market is growing primarily as a result of factors such as an aging population, an increase in gastrointestinal disorders, a rise in per capita income and life expectancy, as well as increased investments by major market players in the area.
The current report Scope analyzes Gastrointestinal Stent Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Gastrointestinal Stent Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Gastrointestinal Stent Industry growth. Gastrointestinal Stent market has been segmented with the help of its Product Type, Application Material Type, and others. Gastrointestinal Stent market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Esophageal stents are divided into biliary stents, duodenal stents, pancreatic stents, and colonic stents. The esophageal stents segment is estimated to grow the highest in the forecast period. The major factors that contribute to the growth of the esophageal stents market include the rising popularity of minimally invasive procedures, increasing cases of esophageal cancer, malignant & benign disorders, rising number of surgical procedures, and technological developments in R&D activities. However, factors such as high costs and stringent approval processes as these are highly specialized devices may boost the market growth.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Gastrointestinal Stent Industry. Request a Free Sample PDF!
Based on application, the gastrointestinal stent market is categorized into gastrointestinal cancers, biliary diseases, and irritable bowel syndrome. Gastrointestinal into stomach cancer, colorectal cancer, esophageal cancer, and pancreatic cancer. The gastrointestinal cancers segment is projected to have the highest CAGR during the forecast period. The growth of this segment is attributed to the increased prevalence and incidences of gastrointestinal cancers.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Gastrointestinal Stent market report 2024 Edition by contacting our team.
Based on material, the gastrointestinal stent market is segmented into self-expanding metal stents and plastic stents. Self-expanding metal stents are divided into nitinol, stainless steel, and other metal. easy insertion, a lower possibility of migration, and longer patency are major factors for the increase in demand for self-expanding metal stents. Metal stents are usually made of stainless steel, nitinol, cobalt-chromium, and platinum-chromium with or without coating. Self-expanding metal stent designed with preloaded drug delivery system by using guidewires through endoscope channel & fluoroscopic drug delivery carried out. Self-expanding metal stents are used for the treatment of benign gastrointestinal leaks and perforations. These stents act as a support to keep the gastrointestinal tract open and provide easy unobstructed drainage of food and water.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Gastrointestinal Stent Market is witnessing significant growth in the near future.
In 2023, the Biliary Stents segment accounted for noticeable share of global Gastrointestinal Stent Market and is projected to experience significant growth in the near future.
The Biliary Disease segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Conmed Corporation. Cook Group Incorporated , Cantel Medical Corporation and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Product Type | Biliary Stents, Pancreatic Stents, Colonic Stents, Duodenal Stents, Esophageal Stents |
Application | Biliary Disease, Inflammatory Bowel Disease, Gastrointestinal Disease |
Material Type | Plastic Stents, Self-Expanding Metal Stents |
End User | Hospital, Clinics |
List of Competitors | Conmed Corporation. Cook Group Incorporated, Becton Dickinson and Company, Cantel Medical Corporation, ELLA-CS, SRO. Hobbs Medical Inc., Boston Scientific Corporation, Olympus Corporation, Taewoong Medical Co. Ld., Others |
This chapter will help you gain GLOBAL Market Analysis of Gastrointestinal Stent. Further deep in this chapter, you will be able to review Global Gastrointestinal Stent Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Gastrointestinal Stent Market Trends North America Gastrointestinal Stent Technological Road Map North America Gastrointestinal Stent Market Drivers North America Gastrointestinal Stent Market Restraints North America Gastrointestinal Stent Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Type Analysis 2019 -2031, will provide market size split by Product Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Material Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by End User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Gastrointestinal Stent market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Biliary Stents have a significant impact on Gastrointestinal Stent market? |
What are the key factors affecting the Biliary Stents and Pancreatic Stents of Gastrointestinal Stent Market? |
What is the CAGR/Growth Rate of Biliary Disease during the forecast period? |
By type, which segment accounted for largest share of the global Gastrointestinal Stent Market? |
Which region is expected to dominate the global Gastrointestinal Stent Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Gastrointestinal Stent Market
Request Sample