Gastrointestinal (GI) Stents Market Forecast to 2027 – Covid-19 Impact and Global Analysis - by Product (Colonic Stents, Biliary Stents, Duodenal Stents, Esophageal Stents and Pancreatic Stents), Material (Self-Expanding Metal Stents and Plastic Stents), Application (Gastrointestinal Cancer, Biliary Diseases and Inflammatory Bowel Diseases); and By End User (Hospitals, Ambulatory Surgical Centers and Specialized Clinics)
Gastrointestinal stents are used as an effective alternate to perform endoscopic procedures. These are self-expanding metal stents that are composed of either nitinol or stainless steel. Gastrointestinal stents are basically used to widen a narrow blood vessel in renal tract or gastrointestinal tract. The stents are specifically designed for the surgery of esophagus, biliary, duodenal, and colonic sites.
The growth of the global gastrointestinal stents market can be attributed to the increasing demands for minimally invasive surgeries and rising incidences of gastrointestinal diseases across the globe. Additionally, other benefits such as low costs, low-risk complications, shorter hospital stay, faster recovery, lesser pain are likely to add novel opportunities for the global gastrointestinal stents market over the forecast period.
The “Global Gastrointestinal (GI) Stents Market Analysis to 2027” is a specialized and in-depth study of the healthcare industry with a focused global market trend. The report aims to provide an overview of global gastrointestinal stents market with detailed market segmentation by product, material, application, end user and geography. The global gastrointestinal stents market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
On the basis of product, the market is segmented into colonic stents, biliary stents, duodenal stents, esophageal stents and pancreatic stents. By material, the gastrointestinal stents market is bifurcated into self-expanding metal stents and plastic stents. By application the market is classified as gastrointestinal cancer, biliary diseases and inflammatory bowel diseases. Based on end user, the gastrointestinal stents market is classified as hospitals, ambulatory surgical centers and specialized clinics.
The report provides a detailed overview on the industry including both qualitative and quantitative information. It provides overview and forecast of the global gastrointestinal stents based on product, material, application and end user. It also provides market size and forecast till 2027 for overall gastrointestinal stents market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East &Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.
North America is expected to dominate the gastrointestinal stents market in the global arena due to of increasing preference for minimally invasive surgeries and rising prevalence of gastrointestinal cancer in the region. However, the Asia-Pacific region is anticipated to show a significant growth rate over the next five years in the global gastrointestinal stents market due to increasing technological developments in medical devices & technologies in the region.
The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
The report also includes the profiles of key gastrointestinal stents manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Microtech Systems, Inc., Cook Group, Boston Scientific Corporation, CONMED Corporation, Cantel Medical, C. R. Bard, Inc., ELLA - CS, s.r.o., Taewoong Medical Co., Ltd., BD, Diagmed Healthcare among others.