Gastrointestinal/GI Stent Market Scope & Insight by 2028

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Global Gastrointestinal/GI Stent Market is expected to undergo a CAGR of 4.80% during the forecast period 2022 to 2028.

Market Definition                                                    

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.

Market Analysis and Insights Global Gastrointestinal/GI Stent Market

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-favourable 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 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.

Ø Based on product, the global gastrointestinal/ GI stent market has been divided into pancreatic stents, biliary stents, colonic stents, duodenal stents, and oesophageal stents.

Ø 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.

Ø 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.

Ø 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.

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Global Gastrointestinal/GI Stent Market Country Level Analysis

North America dominates the gastrointestinal/ GI stent market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is because of the prevailing sophisticated level of healthcare facilities and surge in the cases of cancer. Asia-Pacific, on the other hand is projected to exhibit the highest growth rate during the forecast period owing to the large patient pool, increased expenditure on healthcare infrastructure, ever-rising geriatric population, and increasing personal disposable income.

Competitive Landscape and Global Gastrointestinal/GI Stent Market Share Analysis

The Global Gastrointestinal/GI Stent market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Global Gastrointestinal/GI Stent market.

 Key Players Global Gastrointestinal/GI Stent Market

  • BD
  • Boston Scientific Corporation
  • Medtronic
  • Terumo Corporation
  • Johnson Johnson Services Inc.
  • 3M
  • Smith Nephew
  • Diagmed Healthcare
  • Medline Industries Inc.
  • Baxter
  • Braun Melsungen AG
  • GENERAL ELECTRIC COMPANY
  • CONMED Corporation.
  • HOBBS MEDICAL INC.

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MAJOR TOC OF THE REPORT

  • Chapter One: Introduction
  • Chapter Two: Market Segmentation
  • Chapter Three: Market Overview
  • Chapter Four: Executive Summary
  • Chapter Five: Premium Insights
  • Chapter Six: Global Global Gastrointestinal/GI Stent Market by Product Procedure type

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