Press release
Pancreatic and Biliary Stents Market 2021 Expected to Reach Highest CAGR by 2028 | Boston Scientific Corporation, Cook Medical Inc, CONMED Corporation, Olympus Corporation
Pancreatic and Biliary Stents Market
Pancreatic and Biliary Stent is a tubular device made of either plastic or metal inserted into a lumen or duct in the human body to maintain the passage open in the bile or pancreatic duct. Stents may also be used to treat biliary/pancreatic leaks or to prevent post-ERCP pancreatitis. AMG International GnbH announced the CE mark approval for its biodegradable pancreatic and biliary stent named ARCHIMEDES. This stent completely degrades after around 11 weeks therefore, reducing the complications and cost of repeat procedures for removing the stent. Moreover, minimally invasive treatment using endoscopic placement of stents have low risk as compared to the open surgeries. Thus, given the aforementioned factors, the pancreatic and biliary market is anticipated to propel over the forecast period.
The “Pancreatic and Biliary Stents Market” report is an in-depth study of the market, along with an analysis of its key segments. The relationship is built through extensive primary and secondary research. In-depth market data is generated through interviews and data collection from industry experts and professionals. The study is a detailed document on key aspects of the markets including trends, segmentation, growth prospects, opportunities, challenges, and competitive analysis.
The report is updated with the impact of the currently ongoing COVID-19 pandemic. The pandemic has dynamically affected key market segments and changed the growth pattern and demands in the Advanced Structural Ceramics market. The report covers an in-depth analysis of these changes and provides an accurate estimate of the market growth forecast after the impact of the pandemic.
Some of the key players operating in the Pancreatic and Biliary Stents market are Boston Scientific Corporation, Cook Medical Inc, CONMED Corporation, Olympus Corporation, Becton, Dickinson and Company, Abbott Laboratories, Medtronic Plc, Stryker Corporation, Taewoong Medical Co., Ltd., ENDO-FLEX GmbH, B. Braun Melsungen AG and Cardinal Health.
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New technologies for gastrointestinal surgeries such as bioabsorbable stents and self-expanding metal stents (SEMS), use of stents for the treatment of pancreatic and biliary diseases is gaining popularity. For instance, in 2018, AMG International GnbH announced the CE mark approval for its biodegradable pancreatic and biliary stent named ARCHIMEDES. This stent completely degrades after around 11 weeks therefore, reducing the complications and cost of repeat procedures for removing the stent. Moreover, minimally invasive treatment using endoscopic placement of stents have low risk as compared to the open surgeries. Thus, given the aforementioned factors, the pancreatic and biliary market is anticipated to propel over the forecast period.
Recent Developments
In May 2021, AMG International GnbH announced the CE Mark approval of their second fully biodegradable metal stent UNITY-B, which is a balloon expandable biodegradable biliary stent (BEBS) for endoscopic use.
In July 2020, Olympus Corporation launched their self-expanding metal stent, HANAROSTENT. Hanarostent LowAx colonic stents and Hanarostent biliary stent have received FDA 510(k) clearance.
This report segments the global Pancreatic and Biliary Stents market on the basis of Types are:
Plastic Stents
Metal Stents
On the basis of Application, the Global Pancreatic and Biliary Stents market is segmented into:
Benign Biliary strictures
Biliary Leaks
Pancreatic Cancer
Others
The report is mainly segmented into several key regions, with sales, revenue, market share, and growth rate in these regions, covering:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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Important Questions Answered
What is the growth potential of the Pancreatic and Biliary Stents market?
Which company is currently leading the Pancreatic and Biliary Stents market? Will the company continue to lead during the forecast period 2021-2028?
What are the top strategies that players are expected to adopt in the coming years?
Which regional market is anticipated to secure the highest market share?
How will the competitive landscape change in the future?
What do players need to do to adapt to future competitive changes?
What will be the total production and consumption in the Pancreatic and Biliary Stents market by 2028?
Which are the key upcoming technologies? How will they impact the Pancreatic and Biliary Stents market?
Which product segment is expected to show the highest CAGR?
Which application is forecast to gain the biggest market share?
The research includes historic data from 2015 to 2021 and forecasts until 2028 which makes the report's an invaluable resource for industry executives, Marketing, Sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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