According to IMARC Group latest report titled” Gastrointestinal Stents Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market reached a value of US$ 402.5 Million in 2020. The global gastrointestinal stents market to grow at a CAGR of 3.6% during 2021-2026. 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.Get a sample copy of this Report: www.imarcgroup.com/gastrointestinal-stents-market/requestsample
Market Trends:
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.
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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.
Breakup by Product Type:
Biliary Stents
Duodenal Stents
Colonic Stents
Pancreatic Stents
Esophageal Stents
Breakup by Technology Type:
Anti-Migratory Stents
Drug-Eluting Stents
Radioactive Stents
Anti-Reflux Stents
Shape-Modified Stents
Others
Breakup by Material:
Plastic Stents
Self-Expanding Metal Stents
Stainless Steel Stents
Nitinol Stents
Others
Covered Self-Expandable Metallic Stents
Biodegradable or Drug Eluting Stents
Breakup by End User:
Hospitals
Specialty Clinics
Ambulatory Surgical Centres
Others
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
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