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Gastrointestinal Stent Market to grow at a CAGR of 5.5% by 2031 | Cook Group, Medtronic plc., ELLA-CS, s.r.o., Becton, Dickinson and Company

09-13-2023 09:09 PM CET | Health & Medicine

Press release from: Global Insight Services

Gastrointestinal Stent Market to grow at a CAGR of 5.5% by 2031 |

The Global Gastrointestinal Stent Market was valued at USD 467 million in 2021 and it is anticipated to reach up to USD 796.8 billion by 2031, at a CAGR of 5.5% during the forecast period.

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Market Trends and Drivers:

The increase in the incidence of gastrointestinal cancers, IBD, and other digestive diseases is propelling the growth of the market. One of the biggest causes of death in the globe is gastrointestinal cancer. Morbidity and mortality from chronic diseases like esophageal cancer, colorectal cancer, and serious gastrointestinal disorders have sharply increased in recent years. According to the International Agency for Research on Cancer (IARC), gastrointestinal malignancies accounted for 35 percent of all cancer-related fatalities and 26 percent of the global burden of cancer incidence in 2018. The WHO estimates that stomach cancer caused 769,000 deaths worldwide in 2020, whereas gastrointestinal malignancies like colorectal cancer cause 935,000 deaths. 1.93 million new instances of colorectal cancer were detected worldwide in 2020, making it the third most frequent cancer overall.

Read more about Gastrointestinal Stent Market here: https://www.globalinsightservices.com/reports/gastrointestinal-stent-market/

Global Gastrointestinal Stent Market Segmentation:

By Product

Biliary Stents
Duodenal Stents
Colonics Stents
Pancreatic Stents
Esophageal Stents
By Material

Self-expanding Metal Stents
Plastic Stents
By Application

Biliary Diseases
Irritable Bowel Syndrome
Gastrointestinal Cancers
By End User

Hospitals & Clinics
Ambulatory Surgical Centers

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Major Players in the Global Gastrointestinal Stent Market:

The key players studied in the global gastrointestinal stent market are Boston Scientific Corporation (US), Cook Group (US), Medtronic plc. (Ireland), ELLA-CS, s.r.o. (Czech Republic), Becton, Dickinson and Company (US), Merit Medical Systems (US), CONMED Corporation (US), Cantel Medical (US), Olympus Corporation (Japan), Taewoong Medical (South Korea) among others.

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With Global Insight Services, you receive:
• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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