Gastrointestinal (GI) Stents Market 2021 Growth, COVID Impact, Trends Analysis Report 2027

 The global gastrointestinal (GI) stents market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The gastrointestinal (GI) stent is a medical device used for effective endoscopic procedures. It is tube-shaped and acts as a substitute for many other medical processes. The major factor for the growth of the market is the increasing prevalence of cancer coupled with the rising geriatric population across the globe.

According to the National Cancer Institute (NCI), it was estimated that 1,806,590 new cases of cancer will be diagnosed in the US with a mortality rate of 606,520 people in 2020. Additionally, in men, prostate, lung, and colorectal cancers will account for an estimated 43% of all cancers diagnosed while for women, the three most common cancers are breast, lung, and colorectal which will account for an estimated 50% of all new cancer diagnoses in women in 2020. Hence, the rising prevalence of colorectal cancer is increasing the demand for gastrointestinal stents, which in turn, is driving the growth of the market.

To Request a Sample of our Report on Gastrointestinal (GI) Stents Market:  https://www.omrglobal.com/request-sample/gastrointestinal-gi-stents-market

Some major players in the market include Olympus Corp., Boston Scientific Corp., and Conmed Corp., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in October 2020, Olympus announced the commercial launch of HANAROSTENT Esophagus TTS self-expanding metal stents (SEMS). The stent was made by M.I. Tech and was distributed exclusively through Olympus in the US.

Market Coverage

•             The market number available for – 2020-2027

•             Base year- 2020

•             Forecast period- 2021-2027

•             Segment Covered- 

o             By Product

o             By Application

•             Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

•             Competitive Landscape- Olympus Corp., Boston Scientific Corp., and Conmed Corp., among others.

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A full Report of Gastrointestinal (GI) Stents Market is Available @ https://www.omrglobal.com/industry-reports/gastrointestinal-gi-stents-market

Global Gastrointestinal (GI) Stents Market Report by Segment

By Product

·        Biliary Stents

·        Duodenal Stents

·        Colonic Stents

·        Pancreatic Stents

·        Esophageal Stents

By Application

·        Colorectal Cancer

·        Biliary Disease

·        Inflammatory Bowel Disease

·        Stomach Cancer

·        Others

Global Gastrointestinal (GI) Stents Market Report by Region

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

·        Latin America 

·        Middle East & Africa

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1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

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