Gastrointestinal Stents Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Global Gastrointestinal Stent Market by Type (Biliary, Oesophageal, Colonic, Pancreatic Stent), Material (Nitinol, Stainless Steel, Plastic), Disease (Biliary Disease, GI Cancer, IBD), End User (Hospital, Diagnostic Centres, Ambulatory Surgery Centres) By Geography

 

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Report

Description

Gastrointestinal Stents Market size was valued at USD 417.0 million in 2021 and is expected to reach USD 534.1 million by 2028, at a CAGR of 3.6% during the forecast period 2022-2028. The worldwide gastrointestinal/GI stent showcase is exceedingly divided and depends on new item dispatches and clinical consequences of items. Henceforth the significant players have utilized different methodologies, for example, new item dispatches, clinical preliminaries, showcase activities, high cost on innovative work, understandings, joint endeavors, organizations, acquisitions, and others to expand their impressions in this market. Advanced endoscopy is utilized for embedding stents into a few destinations of the gastrointestinal tract and the methodology has turned out to be a critical restorative improvement. Stents help with opening structured territories in the throat, duodenal locale, colon and the biliary tree. Stents proficiently beat the organizing related with benevolent developments and tumour and are additionally utilized as a whitewashing of obstructive side effects, and different hindrances in the GI tract.

Gastrointestinal Stents Market

MARKET SUMMARY
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3.6%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 3.6%
  • Largest Market– Europe
  • Fastest Growing Market– North-America

Gastrointestinal Stents Market

  • The global gastrointestinal stents market report gives comprehensive outlook on gastrointestinal stents across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global gastrointestinal stents market gives historical, current, and future market sizes (US$ Mn) on the basis of treatment modality, application, type of treatment, end user, and geographical regions.
Key Players
  • Boston Scientific
  • Cook Group
  • ELLA-CS
  • Merit Medical Systems
  • Micro-Tech
  • I. Tech
Gastrointestinal Stents Market

DRIVERS AND RESTRAINTS

Factors like expanding geriatric populace who have stomach or stomach related tumour and progressively balancing out costs of these gadgets in rising nations of Asia and Latin America are driving the development of the market. Besides, expanding reception of insignificantly obtrusive methods is driving the development of gastrointestinal stents advertise. These stents are turning into the favored decision for the administration of different gastrointestinal maladies because of specific advantages it gives over ordinary items regarding decreased blood misfortune, lesser odds of disease, shorter healing facility stay, and brisk recuperation.


North-America Got Significant Share

Gastrointestinal Stents Market

Geographically Gastrointestinal Stents Market is segmented as Latin America, North America, Asia- Pacific, The Middle East & Africa and Europe. North America and Europe lead the market as far as piece of the pie. The North America region is principally fuelled by the U.S., because of a vast populace determined to have gastrointestinal illnesses, mechanical progressions, broad R&D rehearses, and expanding mindfulness about the treatment and administration of gastrointestinal infections. In the coming years, while Europe is relied upon to show declined development, Asia Pacific is required to show the main CAGR over the estimate time frame. India, Japan, and China are the key nations adding to the development of this provincial market. Good directions, new item dispatches, acknowledgment of cutting edge innovation, and rising mindfulness are required to support vigorous development in the district over the gauge time frame.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Gastrointestinal Stents Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Company Profile

Some of the players in Gastrointestinal Stents Market

  • Boston Scientific (US)
  • Cook Group (US)
  • ELLA-CS (Czech Republic)
  • Merit Medical Systems (US)
  • Taewoong Medical (South Korea)
  • Micro-Tech (China)
  • I. Tech (South Korea)

Description

Gastrointestinal Stents Market size was valued at USD 417.0 million in 2021 and is expected to reach USD 534.1 million by 2028, at a CAGR of 3.6% during the forecast period 2022-2028. The worldwide gastrointestinal/GI stent showcase is exceedingly divided and depends on new item dispatches and clinical consequences of items. Henceforth the significant players have utilized different methodologies, for example, new item dispatches, clinical preliminaries, showcase activities, high cost on innovative work, understandings, joint endeavors, organizations, acquisitions, and others to expand their impressions in this market. Advanced endoscopy is utilized for embedding stents into a few destinations of the gastrointestinal tract and the methodology has turned out to be a critical restorative improvement. Stents help with opening structured territories in the throat, duodenal locale, colon and the biliary tree. Stents proficiently beat the organizing related with benevolent developments and tumour and are additionally utilized as a whitewashing of obstructive side effects, and different hindrances in the GI tract.

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