"Global Gastrointestinal/GI Stent Market – Industry Trends and Forecast to 2030
Global Gastrointestinal/GI Stent Market, By Product (Pancreatic Stents, Biliary Stents, Colonic Stents, Duodenal Stents and Oesophageal Stents), Material (Plastic Stents, Self-Expanding Metal Stents and Covered Self-Expandable Metallic Stents), Type (Anti-Migratory Stents, Drug-Eluting Stents, Radioactive Stents, Anti-Reflux Stents, Shape-Modified Stents and Biodegradable Stents), Disease Type (Gastrointestinal Cancer, Biliary Diseases and Inflammatory Bowel Diseases), End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centre and Others) – Industry Trends and Forecast to 2030.
Data Bridge Market Research analyses that the global gastrointestinal/GI stent market which was USD 482.14 million in 2022, is expected to reach USD 701.35 million by 2030, and is expected to undergo a CAGR of 5.5% during the forecast period of 2023 to 2030. “Oesophageal Stents” dominates the product segment of the global gastrointestinal/GI stent market owing to the growing demand for better methods for treatment in patients. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Access Full 350 Pages PDF Report @
https://www.databridgemarketresearch.com/reports/global-gastrointestinal-gi-stent-market
Gastrointestinal (GI) stent is a medical device used to treat obstructions or strictures in the gastrointestinal tract. It is a tubular structure typically made of metal or a combination of metal and synthetic materials. GI stents are designed to be inserted endoscopically or surgically into the affected area of the digestive system to provide support and maintain patency (openness) of the passage. GI stents can be self-expandable or balloon-expandable, depending on the specific type and location of the obstruction. The choice of stent type and size is determined by the individual patient's condition and the judgment of the treating healthcare professional.
**Segments**
- **Type**: The GI stent market can be segmented by type into self-expandable metal stents (SEMS), self-expandable plastic stents (SEPS), and covered metal stents. Self-expandable metal stents are commonly used due to their durability and ability to prevent tumor ingrowth. On the other hand, self-expandable plastic stents are preferred for benign conditions like strictures and leaks. Covered metal stents provide an additional layer to prevent tumor ingrowth and are primarily used for treating malignant conditions.
- **Material**: GI stents are also categorized based on materials such as nitinol, stainless steel, and others. Nitinol stents offer flexibility and shape memory, making them suitable for complex anatomies. Stainless steel stents are rigid and provide excellent radial force, making them ideal for malignant strictures. Other materials, such as silicone, are used in plastic stents for their flexibility and biocompatibility.
- **Application**: The market is further segmented by application into esophageal cancer, colorectal cancer, pancreatic cancer, biliary diseases, and others. Esophageal cancer accounts for a significant share due to the rising incidence of the disease globally. Colorectal cancer is also a prominent application segment, given the increasing prevalence of colorectal malignancies. Pancreatic cancer and biliary diseases require stenting to relieve obstructions and improve quality of life for patients.
**Market Players**
- Boston Scientific Corporation: A key player in the GI stent market, Boston Scientific offers a wide range of stents for different gastrointestinal applications. The company's focus on innovation and technology has helped it maintain a strong position in the market.
- Cook Medical: Cook Medical is renowned for its high-quality GI stents designed to provide optimal patient outcomes. The company's commitment to research and development ensures that it stays at the forefront of technological advancements in the field.
- C. R. Bard, Inc. (BD): BD isBoston Scientific Corporation, Cook Medical, and C. R. Bard, Inc. (BD) are leading players in the gastrointestinal (GI) stent market, contributing significantly to the growth and innovation in this segment. Boston Scientific Corporation, with its diverse portfolio of stents catering to various GI applications, has established a strong presence in the market. The company's consistent focus on technological advancements and new product development has enabled it to meet the evolving needs of healthcare providers and patients.
Cook Medical is another major player known for its high-quality GI stents designed to optimize patient outcomes. The company's emphasis on research and development has been instrumental in enhancing the efficacy and safety of its stents. By investing in cutting-edge technologies and staying abreast of industry trends, Cook Medical has reinforced its position as a trusted provider of GI stenting solutions.
C. R. Bard, Inc. (BD) is a key player in the GI stent market, known for its innovative approach to developing advanced medical devices. The company's commitment to addressing unmet clinical needs and improving patient care has driven its success in the market. BD's strategic partnerships and collaborations have further strengthened its product offerings, allowing it to deliver comprehensive solutions for GI interventions.
These market players are instrumental in driving the growth of the GI stent market through their focus on product innovation, strategic alliances, and commitment to quality healthcare delivery. By continuously investing in research and development, these companies ensure that healthcare professionals have access to state-of-the-art stenting options for treating a wide range of gastrointestinal conditions effectively.
The GI stent market is expected to witness substantial growth in the coming years, fueled by factors such as the increasing prevalence of gastrointestinal malignancies, advancements in stent technology, and growing awareness about minimally invasive treatment options. As market players continue to introduce novel stenting solutions and expand their global presence, the landscape of GI interventions is poised to evolve, offering enhanced therapeutic outcomes for patients worldwide.
In conclusion, Boston Scientific Corporation, Cook Medical,**Segments**
- **Type**: The GI stent market can be segmented by type into self-expandable metal stents (SEMS), self-expandable plastic stents (SEPS), and covered metal stents. Self-expandable metal stents are commonly used due to their durability and ability to prevent tumor ingrowth. On the other hand, self-expandable plastic stents are preferred for benign conditions like strictures and leaks. Covered metal stents provide an additional layer to prevent tumor ingrowth and are primarily used for treating malignant conditions.
- **Material**: GI stents are also categorized based on materials such as nitinol, stainless steel, and others. Nitinol stents offer flexibility and shape memory, making them suitable for complex anatomies. Stainless steel stents are rigid and provide excellent radial force, making them ideal for malignant strictures. Other materials, such as silicone, are used in plastic stents for their flexibility and biocompatibility.
- **Application**: The market is further segmented by application into esophageal cancer, colorectal cancer, pancreatic cancer, biliary diseases, and others. Esophageal cancer accounts for a significant share due to the rising incidence of the disease globally. Colorectal cancer is also a prominent application segment, given the increasing prevalence of colorectal malignancies. Pancreatic cancer and biliary diseases require stenting to relieve obstructions and improve quality of life for patients.
**Global Gastrointestinal/GI Stent Market, By
Core Objective of Gastrointestinal/GI Stent Market:
Every firm in the Gastrointestinal/GI Stent Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.
- Size of the Gastrointestinal/GI Stent Market and growth rate factors.
- Important changes in the future Gastrointestinal/GI Stent Market.
- Top worldwide competitors of the Market.
- Scope and product outlook of Gastrointestinal/GI Stent Market.
- Developing regions with potential growth in the future.
- Tough Challenges and risk faced in Market.
- Global Gastrointestinal/GI Stent top manufacturers profile and sales statistics.
Key takeaways from the Gastrointestinal/GI Stent Market report:
- Detailed considerate of Gastrointestinal/GI Stent Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
- Comprehensive valuation of all prospects and threat in the
- In depth study of industry strategies for growth of the Gastrointestinal/GI Stent Market-leading players.
- Gastrointestinal/GI Stent Market latest innovations and major procedures.
- Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
- Conclusive study about the growth conspiracy of Gastrointestinal/GI Stent Market for forthcoming years.
Frequently Asked Questions
- What is the Future Market Value for Gastrointestinal/GI Stent Market?
- What is the Growth Rate of the Gastrointestinal/GI Stent Market?
- What are the Major Companies Operating in the Gastrointestinal/GI Stent Market?
- Which Countries Data is covered in the Gastrointestinal/GI Stent Market?
- What are the Main Data Pointers Covered in Gastrointestinal/GI Stent Market Report?
Browse Trending Reports:
Her6 Positive Breast Cancer Treatment Market
Coffee And Tea Capsules Market
Mma Film And Sheet Market
Drip Coffee Maker Market
Nematicides Market
Relapsed Refractory Follicular Lymphoma Market
Oil Water Separator Market
Feed Nucleotides Market
Quantitative Absorptiometer Market
Ring Pull Caps Market
Opioids Market
Food Emulsifiers Market
Sedative Hypnotic Drugs Market
Led Surgical Display Market
Inertial Sensor Market
Polybutylene Succinate Pbs Market
Food Robotics Market
Industrial Pails Market
Bus Public Transport Market
Cake Mixes Market
Ai In Fintech Market
Padded Mailers Market
Biopesticides Market
Led Matrix Boards Outdoor Led Display Market
Potato Processing Market
About Data Bridge Market Research:
Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact Us:
Data Bridge Market Research
US: +1 614 591 3140
UK: +44 845 154 9652
APAC : +653 1251 975
