openPR Logo
Press release

Gastrointestinal Stents Market by Regional Analysis, Key Players and Forecast 2025

08-21-2017 08:32 PM CET | Health & Medicine

Press release from: Transparency Market Research

Gastrointestinal Stents Market by Regional Analysis, Key

Global Gastrointestinal Stents Market: Snapshot 

The global gastrointestinal stents market displays competition despite strong foothold of a few dominant players. To outdo the competition, mergers and acquisitions to enhance technical expertise is what players are vying for in this market. Development of differentiator products is also what players are looking upon to stay ahead in the game. 

View Report @ http://www.transparencymarketresearch.com/gastrointestinal-stents-market.html

Among the key factors catalyzing growth of the global gastrointestinal stents market are increasing incidence of gastrointestinal diseases and increasing preference of patients for minimally invasive surgeries. According to statistics of the American Cancer Society, approximately 93,000 new colon cancer cases and almost 40,000 new rectal cancer cases are diagnosed in the U.S. each year. 

Acting as a hindrance to the growth of this market is late complications of biliary stenting and delays in diagnosis of the same. 

As per a report by Transparency Market Research, the global gastrointestinal stents market is poised to be worth US$522.8 mn by 2025 from a valuation of US$356.7 mn in 2016 expanding at a CAGR of 4.4% for the forecast period between 2017 and 2025. 

Esophageal Stents to Display Increased Demand in Future 

Depending upon product type, the segments of the global gastrointestinal stents market are esophageal stents, colonic stents, duodenal stents, and biliary/pancreatic stents. The segment of biliary/pancreatic stents currently accounts as the leading contributor revenue-wise. The segment held a substantial 51.7% of the overall market in 2016. The segment has been rising expeditiously due to its use for treating tumors of the bile duct or pancreas that obstruct the common bile duct. 

Esophageal stents, on the other hand is the second-leading revenue contributing segment in the global gastrointestinal stents market. The segment held 19.6% of the overall market in 2016. The segment is set to display impressive growth over the years due to rising demand for innovative products that allow smooth and hassle-free procedures for both physicians and patients.  

Get accurate market forecast and analysis on the Gastrointestinal Stents Market . Request a sample to stay abreast on the key trends impacting this market.

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=22916

By end-use, hospitals, specialty clinics, and ambulatory surgical centers are the segments into which the global gastrointestinal stents market is divided. At present, hospitals leads the market and in 2016 the segment accounted for more than 71.5% of the market. Hospitals remain the most preferred choice for carrying out minimally invasive surgeries for gastrointestinal diseases. With rising demand for endoscopic procedures for different disease indications and increased need for stenting for the same, the hospital end-use segment is set to expand over the forecast period. 

Specialty clinics trails hospitals in terms of market share. In 2016, the segment accounted for 16% of the overall market for gastrointestinal stents. Rising preference for specialty clinics, especially among patients in developed countries is the key to the growth of this segment.

Acceptance of Newer Technologies underpins Growth of Asia Pacific Market 

From a geographical standpoint, North America and Europe lead the market in terms of market share. The North America market is primarily powered by the U.S., which held a massive 94.0% of the market in 2016 on account of a large population diagnosed with gastrointestinal diseases, technological advancements, extensive R&D practices, and increasing awareness about the treatment and management of gastrointestinal diseases.

In the coming years, while Europe is expected to display declined growth, Asia Pacific is expected to display the leading CAGR over the forecast period. India, Japan, and China are the key countries contributing to the growth of this regional market. Favorable regulations, new product launches, acceptance of advanced technology, and rising awareness are expected to underpin robust growth in the region over the forecast period. 

Key companies operating in the global gastrointestinal stents market include Boston Scientific Corporation, Becton, Dickinson and Company, C.R.Bard Inc., W.L. Gore & Associates Inc., Cook Medical, Taewoong Medical Co. Ltd., Merit Medical Systems Inc., ELLA-CS, s.r.o, CONMED Corporation, Olympus Corporation, and S&G Biotech Inc. 

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 Gastrointestinal Stents Market by Regional Analysis, Key Players and Forecast 2025 here

News-ID: 678013 • Views: 252

More Releases from Transparency Market Research

Voltage Detectors Market – Evolving Technology Trends and Industry SWOT Analys …
The global voltage detectors market includes large number of players. Some of the key players are Texas Instruments, Toshiba, ROHM Semiconductor Sharp Microelectronics, Analog Devices Inc., STMicroelectronics, ON Semiconductor, Torex Semiconductor, Taiwan Semiconductor and Seiko Instruments. Browse Our Report @ https://www.transparencymarketresearch.com/voltage-detectors-market.html Voltage Detector is a testing equipment generally used to determine the existence or absence of an electrical charge in an object. It is highly suggested for conditions where power issues exist.
Switched Capacitor Filters Market : Key Segments, Maket Insights, Regional Outlo …
Major players in the global switched capacitor filters market are Texas Instruments Incorporated, Analog Devices, Inc., Maxim Integrated, Inc., Siemens AG, Eaton Corporation, and among others. Browse Our Report @ https://www.transparencymarketresearch.com/switched-capacitor-filters-market.html A switched capacitor filter is an active filter based on the consideration that a switching of capacitors between two circuit nodes at an adequately high rate that is equivalent to a resistor connecting these two nodes. The switched capacitor filters are
Current Calibrator Market : Recent Industry Developments And Growth Strategies A …
Key players operating in the global current calibrator market include Valhalla Scientific, Rotek Inc., Time Electronics, PCE Instruments, Martel Electronics, AOIP Instrumentation, Extech Instruments, Yogokawa Test & Measurement Corporation, Extech Instruments, REED Instruments, Fluke Corporation, and others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the
Damp Meter Market – Outlook by Responsible Drivers, Restraints, Demand
Key players operating in the global damp meter market include PCE Instrument, Delmhorst Instrument Co., GENERAL TOOLS & INSTRUMENTS LLC, FLIR Systems, Inc. designs, Panomex Inc., These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product launches. The

All 5 Releases


More Releases for Stents

Ureteral Stents
Increasing prevalence of urinary incontinence with age and rising geriatric population are major factors expected to drive the ureteral stents market growth during the forecast period. According to the Global Forum for Incontinence held in 2014, incontinence is a serious medical condition and set of diseases, which affected 4% to 8% of the population or the lives of around 400 million people worldwide over a period of 2007-2010. Furthermore, lifestyle associated
Surgical Stents Market by Cardiac Stents, Urinary Stents, Biliary Stents, Esopha …
Surgical Stent Market Scenario: The stent is a small, flexible metal or plastic tube that is inserted into the vessels or duct to keep the passageway open. Different types of materials like metal, standard polymer, and biodegradable polymer are used for the preparation of the surgical stents. According to the WHO (2015), more than 35% of the total global population was suffering from major or minor cardiovascular complications; and in 2014,
Global Enteral Stents Market For 2017: By Product Type - Esophageal Stents, Gast …
Researchmoz added Most up-to-date research on "Global Enteral Stents Market For 2017: By Product Type - Esophageal Stents, Gastroduodenal Stents & Colon Stents" to its huge collection of research reports. In this report, the global Enteral Stents market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report
Global Drug Eluting Stents (DES) Market: By Types - Nitinol Stents, Platinum chr …
Researchmoz added Most up-to-date research on "Global Drug Eluting Stents (DES) Market: By Types - Nitinol Stents, Platinum chromium alloy Stents, Stainless steel Stents & Other Materials" to its huge collection of research reports. This report studies Drug Eluting Stents (DES) in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2015, and forecast
Europe's Coronary Stent Market: By Product Type - Bare Metal Stents, Drug Elutin …
Researchmoz added Most up-to-date research on "Europe's Coronary Stent Market: By Product Type - Bare Metal Stents, Drug Eluting Stents & Bio-absorbable Stents" to its huge collection of research reports. This report studies sales (consumption) of Coronary Stent in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries,
Japan's Coronary Stent Market: By Product Types - Bare Metal Stents, Drug Elutin …
Researchmoz added Most up-to-date research on "Japan's Coronary Stent Market: By Product Types - Bare Metal Stents, Drug Eluting Stents & Bio-absorbable Stents" to its huge collection of research reports. This report studies sales (consumption) of Coronary Stent in Japan market, focuses on the top players, with sales, price, revenue and market share for each player, covering Abbott Laboratories, Inc. Boston Scientific Corporation Medtronic, Inc. Johnson & Johnson Terumo Corporation B. Braun Melsungen AG C. R. Bard, Inc. Cook