Gastrointestinal Stent Market
Global Gastrointestinal Stent Market Size, Share & Trends Analysis Report by Product Type (Biliary Stent, Duodenal Stent, Colonic Stent, Pancreatic Stent, Esophageal Stent), By Technology Type (Anti Migratory Stent, Drug Eluting Stent, Radioactive Stent, Anti Reflux Stent, and Shape Modified Stent), By Material (Plastic Stent, Self-Expanding Metal Stent, Covered Self Expandable Metallic Stent, Biodegradable or Drug Eluting Stent) And By End-User (Hospital, Specialty Clinic and Ambulatory Surgical Center) Forecast 2022-2028
The global gastrointestinal stent market is anticipated to be at a considerable CAGR of 5.5%. A gastrointestinal stent is mainly used for recanalization or sealing any part in the gastrointestinal passage. The stent is inserted in the GI passage into an artery or bile duct which opens up any previously blocked passage. This medical procedure of placing a stent is known as stenting. It is mainly used to treat any blockage in the GI part of the body. Obstructed cancer in the esophagus can be treated by passing stent into the esophageal tract. The esophageal tube act as a feeding tube for the tumour which was passed through the mouth or nose. With passing time and further technical developments, the endoscope is used with silicone material for easy handling as there are chances of perforation. Treatment in this way is done to avoid surgery. Several new materials are now used for stents to make treatment easy. For instance, in June 2021, medical experts from Brigham and women’s hospital and the Massachusetts Institute of Technology have designed a stent that is stretchable in nature. This is made keeping in mind the principles of kirigami and it can also support rapid deposition of drugs. This research has been published in Journal named Nature materials.
Impact of COVID-19 Pandemic on Global Gastrointestinal Stent Market
Covid-19 Pandemic has affected every sector of the world in some way. Medical facilities and hospitals were closed during the covid period. This made a decrease in the market of Gastrointestinal Stent as this treatment can only be done under medical supervision by experts. Due to nationwide lockdown, this was not possible for people to visit medical centers.
Segmental Outlook
The global Gastrointestinal Stent market is segmented based on product type, technology type, material, and end user. Based on product type, the market is segmented into biliary stent, duodenal stent, colonic stent, pancreatic stent, esophageal stent. Based on the technology type, the market is sub-segmented into anti migratory stent, drug eluting stent, radioactive stent, anti-reflux stent, shape modified stent. Based on material the market is sub-segmented into plastic stent, self-expanding metal stent covered self-expandable metallic stent, biodegradable or drug eluting stent. Based on end users the market is sub-segmented into hospital, specialty clinic, and ambulatory surgical center. Increased use of GI stent tubes can be attributed to the rising GI cancer, small intestine problems, esophageal cancer, colon cancer among population globally.
Global Gastrointestinal Stent Market Share by Product Type, 2021 (%)
Esophageal Stent is Anticipated to Hold a Prominent Share in the Global Gastrointestinal Stent Market
Based on product type, the esophageal stent is anticipated to hold a prominent market share in the global gastrointestinal stent market during the forecast period. Problems related to the esophagus are rising at a rapid rate. The most common problem is esophagus cancer. The esophagus is a tube in the human body that starts from the mouth and goes to the stomach. It acts as a passage that passes food from the mouth to the stomach. It starts when people experience difficulty in swallowing food and chest pain. As per the American cancer society in the US, around 20,640 esophagus cancer cases were diagnosed in the year 2022. For instance, in Feb 2021, as per a study published in the journal Cancer, people who have GERD problems (gastroesophageal reflux disease) are at more risk of developing esophagus cancer.
Regional Outlooks
The global gastrointestinal stent market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). Asia-Pacific is anticipated to lead the gastrointestinal stent market during the forecast period. The huge population base affected with gastrointestinal problems such as cancers, IBD, and other digestive diseases in region’s major economies is the major factor for the market growth.
Global Gastrointestinal Stent Market Growth, by Region 2022-2028
Asia Pacific is Estimated to Hold the Major Share in the Global Gastrointestinal Stent Market
Geographically, it is anticipated that the major share of the market will be taken by Asia-Pacific, and this region will lead during the forecast period. A major factor for regional growth is inflammatory bowel disease. IBD is a lifelong disease that reoccurs at several points of time. IBD is a joint term for two conditions in GI namely Crohn’s disease and ulcerative colitis. Crohn’s disease mainly occurs in the small intestine whereas ulcerative colitis occurs in the large intestine. For inspection and treatment of in these parts, gastroenterologists use therapies that include examining of these parts. For instance, in May 2021, as per a study published in BMC Gastroenterology, there will be a rise in inflammatory bowel disease cases in many parts of Asia pacific to an extent of 2.5 fold by 2035.
Market Players Outlook
The major companies serving the global gastrointestinal stent market include Becton, Dickinson and Company, Boston Scientific Corp., Cantel Medical Corp., Conmed Corp., Cook Group Inc., and others. Market players are adopting different market strategies such as mergers and acquisitions, new product launches, business expansion, partnership collaboration, and others. For instance, in Jan 2020, engineers at MIT have developed a light-sensitive hydrogel which when exposed to blue or ultraviolet light, can disassemble the stent which is no longer needed or is not working properly. This hydrogel is put in the stent itself at the time of therapy.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Gastrointestinal Stent market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on The Global Gastrointestinal Stent Market
• Recovery Scenario of Global Gastrointestinal Stent Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Becton, Dickinson and Comany
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Boston Scientific Corp.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Cantel Medical Corp.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Conmed Corp.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Cook Group Inc.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Gastrointestinal Stent Market by Product Type
4.1.1. Biliary stent
4.1.2. Duodenal stent
4.1.3. Colonic stent
4.1.4. Pancreatic stent
4.1.5. Esophageal stent
4.2. Global Gastrointestinal Stent Market by Technology Type
4.2.1. Anti-migratory stent
4.2.2. Drug eluting stent
4.2.3. Radioactive stent
4.2.4. Anti-reflux stent
4.2.5. Shape modified stent
4.3. Global Gastrointestinal Stent Market by Material
4.3.1. Plastic stent
4.3.2. Self-expanding metal stent
4.3.3. Covered Self-Expandable Metallic Stents
4.3.4. Biodegradable or Drug Eluting Stents
4.4 Global Gastrointestinal Stent Market by end user
4.3.5. Hospitals
4.3.6. Specialty clinic
4.3.7. Ambulatory surgical centers
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. BCM Corp.
6.2. CITEC
6.3. ELLA-CS, s.r.o.
6.4. Endo-Flex GmbH
6.5. Hobbs Medical Inc.
6.6. Leufen Medical GmbH
6.7. Medorah Meditek Pvt.Ltd.
6.8. Merit Medical Systems, Inc.
6.9. Micro-Tech Corp.Ltd.
6.10. Olympus Corp.
6.11. QualiMed
6.12. Taewoong Medical Co.Ltd.
1. GLOBAL GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
2. GLOBAL BILIARY GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL COLONIC GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL PANCREATIC GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL ESOPHAGEAL GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY TYPE, 2021-2028 ($ MILLION)
7. GLOBAL ANTI MIGRATORY GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL DRUG ELUTING GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL RADIOACTIVE GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL ANTI REFLUX GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL SHAPE MODIFIED GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
13. GLOBAL PLASTIC GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL SELF EXPANDING METAL GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL STAINLESS STEEL GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL COVERED SELF EXPANDABLE METALLIC GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL BIODEGRADABLE OR DRUG ELUTING GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY END USER, 2021-2028 ($ MILLION)
19. GLOBAL GASTROINTESTINAL STENT IN HOSPITAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
20. GLOBAL GASTROINTESTINAL STENT IN SPECIALITY CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
21. GLOBAL GASTROINTESTINAL STENT IN AMBULATORY SURGICAL CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
22. GLOBAL GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
23. NORTH AMERICAN GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. NORTH AMERICAN GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
25. NORTH AMERICAN GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY TYPE, 2021-2028 ($ MILLION)
26. NORTH AMERICAN GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
27. NORTH AMERICAN GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY END USER, 2021-2028 ($ MILLION)
28. EUROPEAN GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
29. EUROPEAN GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
30. EUROPEAN GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY TYPE, 2021-2028 ($ MILLION)
31. EUROPEAN GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
32. EUROPEAN GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY END USER, 2021-2028 ($ MILLION)
33. ASIA-PACIFIC GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
34. ASIA-PACIFIC GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
35. ASIA-PACIFIC GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY TYPE, 2021-2028 ($ MILLION)
36. ASIA-PACIFIC GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
37. ASIA-PACIFIC GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY END USER, 2021-2028 ($ MILLION)
38. REST OF THE WORLD GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
39. REST OF THE WORLD GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
40. REST OF THE WORLD GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY TYPE, 2021-2028 ($ MILLION)
41. REST OF THE WORLD GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
42. REST OF THE WORLD GASTROINTESTINAL STENT MARKET RESEARCH AND ANALYSIS BY END USER, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL GASTROINTESTINAL STENT MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL GASTROINTESTINAL STENT MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL GASTROINTESTINAL STENT MARKET, 2021-2027 (%)
4. GLOBAL GASTROINTESTINAL STENT MARKET SHARE BY PRODUCT TYPE, 2021 VS 2028 (%)
5. GLOBAL BILIARY GASTROINTESTINAL STENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL DUODENAL GASTROINTESTINAL STENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL COLONIC GASTROINTESTINAL STENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL PANCREATIC GASTROINTESTINAL STENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL ESOPHAGEAL GASTROINTESTINAL STENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL GASTROINTESTINAL STENT MARKET SHARE BY TECHNOLOGY TYPE, 2021 VS 2028 (%)
11. GLOBAL ANTI MIGRATORY GASTROINTESTINAL STENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL DRUG ELUTING GASTROINTESTINAL STENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL RADIOACTIVE GASTROINTESTINAL STENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL ANTI REFLUX GASTROINTESTINAL STENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL SHAPE MODIFIED GASTROINTESTINAL STENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL GASTROINTESTINAL STENT MARKET SHARE BY MATERIAL, 2021 VS 2028 (%)
17. GLOBAL PLASTIC GASTROINTESTINAL STENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL SELF EXPANDING METAL GASTROINTESTINAL STENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL COVERED SELF EXPANDABLE METALLIC GASTROINTESTINAL STENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL BIODEGRADABLE OR DRUG ELUTING GASTROINTESTINAL STENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21. GLOBAL GASTROINTESTINAL STENT MARKET SHARE BY END USER, 2021 VS 2028 (%)
22. GLOBAL GASTROINTESTINAL STENT MARKET BY HOSPITAL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
23. GLOBAL GASTROINTESTINAL STENT MARKET BY SPECIALITY CLINICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
24. GLOBAL GASTROINTESTINAL STENT MARKET BY AMBULATORY SURGICAL CENTERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
25. GLOBAL GASTROINTESTINAL STENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
26. US GASTROINTESTINAL STENT MARKET SIZE, 2021-2028 ($ MILLION)
27. CANADA GASTROINTESTINAL STENT MARKET SIZE, 2021-2028 ($ MILLION)
28. UK GASTROINTESTINAL STENT MARKET SIZE, 2021-2028 ($ MILLION)
29. FRANCE GASTROINTESTINAL STENT MARKET SIZE, 2021-2028 ($ MILLION)
30. GERMANY GASTROINTESTINAL STENT MARKET SIZE, 2021-2028 ($ MILLION)
31. ITALY GASTROINTESTINAL STENT MARKET SIZE, 2021-2028 ($ MILLION)
32. SPAIN GASTROINTESTINAL STENT MARKET SIZE, 2021-2028 ($ MILLION)
33. REST OF EUROPE GASTROINTESTINAL STENT MARKET SIZE, 2021-2028 ($ MILLION)
34. INDIA GASTROINTESTINAL STENT MARKET SIZE, 2021-2028 ($ MILLION)
35. CHINA GASTROINTESTINAL STENT MARKET SIZE, 2021-2028 ($ MILLION)
36. JAPAN GASTROINTESTINAL STENT MARKET SIZE, 2021-2028 ($ MILLION)
37. SOUTH KOREA GASTROINTESTINAL STENT MARKET SIZE, 2021-2028 ($ MILLION)
38. REST OF ASIA-PACIFIC GASTROINTESTINAL STENT MARKET SIZE, 2021-2028 ($ MILLION)
39. REST OF THE WORLD GASTROINTESTINAL STENT MARKET SIZE, 2021-2028 ($ MILLION)
