GI Stents Market 2017-2027 Boston Scientific Corporation, C.R. Bard, ELLA-CS, s.r.o., Gore Medical, CONMED Corporation

Global market trend:

The global GI stents market is expected to reach USD 572.8 million by 2027, growing at a CAGR of 4.6% from 2017 – 2027. Factors such as increasing application of stents, growing geriatric population, and increased cases of advanced stomach carcinoma is expected to drive growth on the global GI stents market. In addition, gastrointestinal cancer cases are taking a toll due to certain dietary factors such as excessive carbohydrate, fat and animal protein intake as well as ingested procarcinogens, hence boosting the growth of GI stents market.

Key Market Players:

Key market players operating in the global GI stents market are Boston Scientific Corporation, C.R. Bard, ELLA-CS, s.r.o., Gore Medical, CONMED Corporation, Olympus Corporation, W.L. Gore & Associates, Inc., ENDO-FLEX GmbH, TaeWoong Medical, S&G Biotech, Inc. and others.

Sample of Report @ https://goo.gl/S5RdWX

Segment Analysis:

Based on product, the global GI stents market has been segmented intobiliary, duodenal, colonic, pancreatic, esophageal stents.Biliary stents are expected to occupy the largest share in the global market due to increasing demand for stenting procedures specifically for biliary diseases. Furthermore, various renowned medical devices companies are manufacturing biliary stents, which eventually adds up to the revenue share of the segment. On the other hand, esophageal stents expected to foresee the highest growth rate as recently there has been advent of self-expanding plastic stents and metal stents, which have proved to be quite safe and cost-effective for esophageal pathologies.

Based on material, the GI stents market has been categorized into metal, plastic and biodegradable stents. Metal stents dominated the segment in 2016 due to better cost-effectiveness and lesser instances of complication rates. However, biodegradable stents are anticipated to grow at the swiftest CAGR due to reduced inflammatory response, and decreased risk of late complications such as endothelial dysfunction, thrombosis, and stent strut uncovering.

Based on application, the market has been segmented into colorectal cancer, stomach cancer, biliary diseases, gastrointestinal obstructions, and others. Biliary diseases have the maximum share in the global market due to increasing incidence of these diseases which affect a significant portion of the worldwide population.

Browse Report with TOC @ https://www.1marketresearch.com/market-reports/gastrointestinal-gi-stents-market-124254/

Geographical Analysis:

Based on geography, the GI stents market has been segmented into North America, Europe, Asia Pacific, Latin America and Rest of the World. North America is dominating the global market specifically due to increasing preference for minimally invasive procedures and lucrative reimbursement policies for stenting processes.

Asia Pacific is expected to expand at the highest growth rate. Factors such as increased number of population affected with stomach cancer and presence of highly affordable patient care techniques in the region would drive the growth of GI stents market during the forecast period. Furthermore, Asia Pacific countries such as China, India, Vietnam and others are actively investing for improvement of healthcare services in the country to offer better healthcare facilities to its population, thereby indirectly contributing towards the growth of market.

Enquiry for buying report @ https://goo.gl/aSwVBc

Segments Covered:

Product Segment (Revenue, USD Million, 2015 – 2027)
Biliary stents
Duodenal stents
Colonic stents
Pancreatic stents
Esophagealstents

Material Segment (Revenue, USD Million, 2015 – 2027)
Metal
Plastic
Biodegradable

Application Segment (Revenue, USD Million, 2015 – 2027)
Colorectal cancer
Stomach cancer
Biliary Diseases
Gastrointestinal Obstructions
Others

Regional Segment (Revenue, USD Million, 2015 – 2027)
North America
S.
Canada
Europe
K.
Germany
France
Asia Pacific
Japan
China
India
Latin America
Brazil
Mexico
MEA
South Africa

About Us:

1MarketResearch is a global business market research providing syndicated research Report, customized research reports, company profiles and industry databases across multiple domains.
We provide intellectual, precise and meaningful data at a lightning speed.
We host more than 500,000 Industry research products.

Contact US:

1MarketResearch
304, S. Jones Blvd, #3299,
Las Vegas, NV - 89107
USA : +1 702-425-8599
Email : Sales@1MarketResearch.com

This release was published on openPR.