openPR Logo
Press release

Why Gastrointestinal Bleeding Treatment Market Will Reflect the Noticeable CAGR by the End of Forecast Period 2026?- Explores Fact.MR Report

06-10-2021 02:38 AM CET | Health & Medicine

Press release from: Fact.MR

The global gastrointestinal bleeding treatment market is set to expand moderately at a CAGR of 5.1% between 2020 and 2026, attributed to preference for endoscopic hemostasis to correct GI problems.

Click here to Get Complete Synopsis of the Report – https://www.factmr.com/report/4760/gastrointestinal-bleeding-treatment-market

Gastrointestinal problems, particularly upper gastrointestinal bleeding (UGIB), are becoming more prevalent across the world. It is, therefore, no surprise to notice an upsurge in the cases of hospitalization across the world. The gastrointestinal bleeding treatment guidelines necessitate the need for surgical intervention which has increased multifold since the past few years.

Since it is known to reduce mortality rates, the method is becoming very common amongst doctors. In addition, new product launches, such as Cook Medical’s Hemospray, is set to offer significant traction to the Gastrintestinal bleeding treatment market in the future.

For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=4760

Key Takeaways of Global Gastrointestinal Bleeding Treatment Market Study

• Mechanical endoscopic hemostatic devices are expected to gain traction during the forecast period. Techniques such as band ligation, which is suitable for treating esophageal varices, shall drive the growth of this segment. Projected CAGR for mechanical devices is pegged at an impressive 6.1%.
• The upper GI tract division shall dominate the market share of gastrointestinal bleeding treatment segment. It is expected to account for almost three-fourth of the total market share. This is because upper GI tract bleeding is the most frequent emergency which is reported.
• By end-use, hospitals are expected to lead the endoscope hemostatic devices markets. This is because hospitals enjoy significant reimbursement benefits along with advanced technology for treatment. The hospitals segment shall account for three-fifth of the GI bleeding treatment market.

For critical insights on this market, request for methodology here - https://www.factmr.com/connectus/sample?flag=RM&rep_id=4760

• North America is projected to retain market dominance during the forecast period. Increasing hospitalization rate, strong presence of market leaders and product approvals such as the approval of Hemospray, are leading drivers of the burgeoning market share.
• Asia-Pacific is anticipated to register a healthy CAGR of 6% during the forecast period. This is courtesy increasing geriatric population, growing incidence of GI problems and significant product launches and acquisitions.
• The COVID-19 pandemic has significant ramifications on gastrointestinal bleeding treatment. Research has concluded that the virus also infects the GI tract, leading to symptoms such as diarrhea, nausea and vomiting. Abdominal discomfort has been reported in many patients. Thus, medical care for GI patients has become extremely important.

For in-depth competitive analysis, buy now - https://www.factmr.com/checkout/4760

• Important market players are consolidating their supply chains to cater to rising demand. Erbe Elektromedizine GmBh, a prominent player, has introduced shift-based work timings so as not to disrupt its supply chain. Likewise, Cook Medical is also monitoring its supply chain to provide the Instinct TM Endoscopic Hemoclip, for the purpose of endoscopic marking and hemostasis for bleeding ulcers to hospitals and clinics.
• Basic level precautions such as high-level disinfection of endoscopes manually shall also help mitigate the spread of the disease. Reprocessing of endoscopes and meticulous room cleaning after every GI endoscopy procedure are other measures employed by healthcare providers to ensure a sterile environment.

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2019/06/26/1874492/0/en/Oncology-Small-Molecule-Drug-Sales-to-Inflate-in-Line-with-Growing-Preference-for-Easily-Absorbable-Effective-Oral-Treatments-Fact-MR.html

“The global gastrointestinal bleeding treatment market shows positive growth trajectory for the future. Continuous product innovation and adoption of endoscopic hemostasis by hospitals shall augment its market share,” concludes a Fact.MR analyst.

Product Launches to Remain Key Growth Driver for Market Players

The global gastrointestinal bleeding treatment market consists of three major players, contributing half of the total revenue. These companies are Boston Scientific Corporation, Cook Medical and Olympus Corporation. Boston Scientific Corporation manufactures Speedband Superview Super 7TM Multiple Band Ligator.

For comprehensive insights on this market adoption, ask an analyst here – https://www.factmr.com/connectus/sample?flag=AE&rep_id=4760

These devices are used for endoscopic ligation of esophageal varices and anorectal hemorrhoids. Additionally, the company provides Compliance EndoKit, a customized kit designed to prevent the spread of infections during an endoscopy. It provides simple substances such as the CinchPadTM transport pad and SafeStartTM bedside cleaning kits which ensures basic hygiene while performing GI surgeries. Olympus Corporation, another market leader, concentrates on expansion of manufacturing facilities and leveraging healthcare awareness programs to stimulate early diagnosis of diseases. It focuses on reform and development activities related to medical systems across the world.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
Content Source: https://www.factmr.com/media-release/1528/global-gastrointestinal-bleeding-treatment-market

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Why Gastrointestinal Bleeding Treatment Market Will Reflect the Noticeable CAGR by the End of Forecast Period 2026?- Explores Fact.MR Report here

News-ID: 2301969 • Views:

More Releases from Fact.MR

Lithium Bromide Market Outlook 2025-2035: Growth Trajectories, Competitive Landscape, and Strategic Insights
Lithium Bromide Market Outlook 2025-2035: Growth Trajectories, Competitive Lands …
The global lithium bromide market is on a strong growth trajectory, driven by rising demand in absorption refrigeration, HVAC, chemical processing, and pharmaceutical industries. The market is expected to grow from USD 725 million in 2025 to USD 1,250 million by 2035, registering a CAGR of 5.6% during the forecast period. Lithium Bromide Market Analysis, By Product Type, By Form, By Application, By End Use-Industry, and Region - Market Insights 2025
Handheld Laser Distance Meter Market Outlook 2025-2035: Growth, Trends & Competitive Analysis
Handheld Laser Distance Meter Market Outlook 2025-2035: Growth, Trends & Competi …
The handheld laser distance meter market is set for substantial growth over the next decade. The global market is projected to increase from USD 4.9 billion in 2025 to USD 8.4 billion by 2035, registering a CAGR of 5.5% during the forecast period. Growth is driven by increasing demand for precise distance measurement in construction, surveying, manufacturing, and logistics, as well as rising adoption of smart, portable devices that improve
Green Data Center Market Set to Reach $281.04 Billion by 2034 Lead by Dell Technologies; Vertiv; HPE; Schneider Electric; Eaton; Hewlett Packard Enterprise; Green Revolution Cooling; Midas Green Technologies
Green Data Center Market Set to Reach $281.04 Billion by 2034 Lead by Dell Techn …
As the digital economy accelerates, the green data center market is emerging as a cornerstone of sustainable technology, balancing voracious data demands with environmental stewardship. A pioneering report from Fact.MR projects the global market, valued at US$ 66.52 billion in 2024, to balloon to US$ 281.04 billion by 2034, achieving a compound annual growth rate (CAGR) of 15.5%. This surge reflects a paradigm shift toward energy-efficient, low-carbon facilities that harness
Cloud Gaming Market Set to Explode to $6.62 Billion by 2034 | Amazon, Inc.; Apple Inc.; Electronic Arts, Inc.; Google LLC; Intel Corporation; NVIDIA Corporation
Cloud Gaming Market Set to Explode to $6.62 Billion by 2034 | Amazon, Inc.; Appl …
In a world where gaming transcends hardware limitations, the cloud gaming market is surging forward, offering seamless access to high-fidelity experiences on any device. A new report from Fact.MR reveals the global market, valued at US$ 863.5 million in 2024, is on track to reach US$ 6.62 billion by 2034, fueled by a blistering compound annual growth rate (CAGR) of 22.6%. This explosive trajectory reflects the industry's pivot from bulky

All 5 Releases


More Releases for Corporation

Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report. The global endotherapy devices market is projected to reach
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally. Introduction Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’. Get PDF for more Professional and Technical insights
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market
Digital Living Room Market 2017 - 2025 : Sharp Corporation, BenQ Corporation, So …
Global Digital Living Room Market: Snapshot The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary