Gastrointestinal/ GI stent market will exhibit a CAGR of around 4.80% for the forecast period of 2021-2028. Rising prevalence of gastrointestinal cancer around the globe, increased focus by diagnostic laboratories on the adoption of advanced technologies, and rising expenditure on the healthcare infrastructure development, especially in the developing economies are the major factors attributable to the growth of gastrointestinal/ GI stent market. Gastrointestinal stent is a tube shaped medical device which is used for the safe and effective endoscopic procedures. This also acts as a substitute to many other medical processes.
Upsurge in the prevalence of different types of cancer among the population is one of the major factors fostering the growth of market. Rising advent of various innovations and researches in the field of healthcare to develop diagnostic technologies and growth in the demand for minimally invasive surgical procedures is another market growth determinant. The ever-rising geriatric population, surge in the lifestyle diseases and increasing personal disposable income will further generate lucrative market growth opportunities. However, stringent regulatory medical devices approval will act as a market growth restraint. Non-favorable reimbursement scenarios in developing and under developed economies will further derail the market growth rate. Complications related to the stents will further pose challenges for the market.
Global Gastrointestinal/ GI Stent By Product (Pancreatic Stents, Biliary Stents, Colonic Stents, Duodenal Stents and Oesophageal Stents), Material (Plastic Stents, Self-Expanding Metal Stents and Covered Self-Expandable Metallic Stents), Type (Anti-Migratory Stents, Drug-Eluting Stents, Radioactive Stents, Anti-Reflux Stents, Shape-Modified Stents and Biodegradable Stents), Disease Type (Gastrointestinal Cancer, Biliary Diseases and Inflammatory Bowel Diseases), End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centre and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028 This gastrointestinal/ GI stent market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the gastrointestinal/ GI stent market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Gastrointestinal/ GI Stent Market Scope and Market Size:
The gastrointestinal/ GI stent market is segmented on the basis of product, material, type, disease type, and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them make strategic decisions for identification of core market applications.
Based on product, the global gastrointestinal/ GI stent market has been divided into pancreatic stents, biliary stents, colonic stents, duodenal stents, and oesophageal stents.
Based on the material, the gastrointestinal/ GI stent market is segmented into plastic stents, self-expanding metal stents, and covered self-expandable metallic stents. Self-expanding metal stents segment is further bifurcated into stainless steel stents, nitinol stents and others.
Based on the type, the gastrointestinal/ GI stent market is segmented into anti-migratory stents, drug-eluting stents, radioactive stents, anti-reflux stents, shape-modified stents and biodegradable stents.
Based on the disease type, the gastrointestinal/ GI stent market is segmented into gastrointestinal cancer, biliary diseases and inflammatory bowel diseases. Gastrointestinal cancer segment is further sub-segmented into colorectal cancer, pancreatic cancer, stomach cancer, and oesophageal cancer.
Based on the end user, the gastrointestinal/ GI stent market is segmented into hospitals, specialty clinics, ambulatory surgical centre and others.
The major players covered in the gastrointestinal/ GI stent market report are BD, Boston Scientific Corporation, Medtronic, Terumo Corporation, Johnson & Johnson Services, Inc., 3M, Smith & Nephew, Diagmed Healthcare, Medline Industries, Inc., Baxter, B. Braun Melsungen AG, Danaher., GENERAL ELECTRIC COMPANY, CONMED Corporation., HOBBS MEDICAL INC., Olympus Corporation, Cantel Medical., ConvaTec Inc., M.C. Johnson Company, Inc. and Merit Medical Systems. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Table of Content:
Market Overview: The report begins with this section where product overview and highlights of product and application segments of the Gastrointestinal/ GI stent market are provided. Highlights of the segmentation study include price, revenue, sales, sales growth rate, and market share by product.
Competition by Company: Here, the competition in the Worldwide Gastrointestinal/ GI stent market is analyzed, by price, revenue, sales, and market share by company, market rate, competitive situations Landscape, and latest trends, merger, expansion, acquisition, and market shares of top companies.
Company Profiles and Sales Data: As the name suggests, this section gives the sales data of key players of the Gastrointestinal/ GI stent market as well as some useful information on their business. It talks about the gross margin, price, revenue, products, and their specifications, type, applications, competitors, manufacturing base, and the main business of key players operating in the global Gastrointestinal/ GI stent market.
Market Status and Outlook by Region: In this section, the report discusses about gross margin, sales, revenue, production, market share, CAGR, and market size by region. Here, the Gastrointestinal/ GI stent market is deeply analyzed on the basis of regions and countries such as North America, Europe, China, India, Japan, and the MEA.
Application or End User: This section of the research study shows how different end-user/application segments contribute to the Gastrointestinal/ GI stent market.
Market Forecast: Here, the report offers a complete forecast of the Gastrointestinal/ GI stent market by product, application, and region. It also offers global sales and revenue forecast for all years of the forecast period.
Research Findings and Conclusion: This is one of the last sections of the report where the findings of the analysts and the conclusion of the research study are provided.
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The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
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What are the Risks and Challenges in front of the market?
Who are the Key Vendors in Global Gastrointestinal/ GI stent market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model
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