Gastrointestinal Bleeding Treatment Devices Market 2023- By Size, Analysis, Share, Research, Business Growth And Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Gastrointestinal Bleeding Treatment Devices Global Market Report 2023 identifies rise in the incidences of upper gastrointestinal bleeding as the major driver for the Gastrointestinal Bleeding Treatment Devices market's growth in the forecast period. The upper gastrointestinal (GI) bleeding occurs in the esophagus, the stomach, or the upper part of the small intestine and can be caused due to peptic ulcers, esophagitis, enteritis, gastritis, cancer, and other reasons. For instance, according to the National Institute for Health and Care Excellence, in the UK the incidence of acute upper GI bleeding ranges from 84-172 per 100,000 of the population per year.

The global gastrointestinal bleeding treatment devices market size grew from $0.78 billion in 2022 to $0.83 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The gastrointestinal bleeding treatment devices market size is expected to grow to $1.03 billion in 2027 at a CAGR of 5.6%.

Download Free Sample Of Gastrointestinal Bleeding Treatment Devices Market Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=5307&type=smp

Major competitors in the Gastrointestinal Bleeding Treatment Devices market are CONMED, Boston Scientific Corporation, US Medical Innovations, Ovesco Endoscopy AG.

A key trend in the Gastrointestinal Bleeding Treatment Devices market includes increasing number of product approvals. Key players in the market are focusing on product approvals to maintain a comparative advantage over competitors in the industry. For example, in February 2021, EndoClot Plus Inc., a US-based company developing medical devices to meet the needs of the GI professional announced U.S. Food and Drug Administration (FDA) approval for EndoClot Polysaccharide Hemostatic System (EndoClot PHS), which is an advanced product that will assist Gastroenterologists to stop bleeding quickly and effectively. EndoClot PHS is a one-time-use device that consists of a starch-based powder hemostat that is applied directly to the bleeding location using a flexible endoscope.

Read More On The Global Gastrointestinal Bleeding Treatment Devices Market Report Here:
https://www.thebusinessresearchcompany.com/report/gastrointestinal-bleeding-treatment-devices-global-market-report

The Gastrointestinal Bleeding Treatment Devices market is segmented -

• By Product: Endoscopic Thermal Devices, Other Products
• By GI Tract Division: Upper GI Tract, Lower GI Tract
• By End User: Hospitals Or Clinics, Ambulatory Surgical Centers, Other End-users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Gastrointestinal Bleeding Treatment Devices market.

The Business Research Company's "Global Gastrointestinal Bleeding Treatment Devices Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

Explore Buying Options For The Gastrointestinal Bleeding Treatment Devices Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5307

The Table Of Content For The Gastrointestinal Bleeding Treatment Devices Market Include:

1. Executive Summary
2. Gastrointestinal Bleeding Treatment Devices Market Characteristics
3. Gastrointestinal Bleeding Treatment Devices Market Trends And Strategies
4. Gastrointestinal Bleeding Treatment Market - Macro Economic Scenario
5. Gastrointestinal Bleeding Treatment Devices Market Size And Growth
……………………………………
26. Africa Gastrointestinal Bleeding Treatment Devices Market
27. Gastrointestinal Bleeding Treatment Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Gastrointestinal Bleeding Treatment Devices Market
29. Gastrointestinal Bleeding Treatment Devices Market Future Outlook and Potential Analysis
30. Appendix

Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.

This release was published on openPR.