Gastrointestinal Stent Market Trends, Size, Competitive Analysis and Forecast 2022-2028

 The global gastrointestinal  stent market is anticipated to grow at a considerable CAGR of around 5.5% during the forecast period. Technological innovations in medical science are major drivers for the growth of the GI  stent market in the forecast period. Research is going on to make more promising innovations that can tackle gastrointestinal issues in a safe way. More successful implants are prior commitments for market players. For instance, in July 2020, Endo GI  Medical which is an Israeli company has received approval in the field of gastroenterology. This approval has been granted by the US Food and Drug Administration. Endo GI  Medical has developed a stenting placement system. This technology is the first of its kind which involves the placement of two stents at the same time especially in the area of the bile duct which is connected to the pancreas. Insertion of two stents at the same time will reduce the danger of infections and other life-threatening conditions. Inserting stents is essential when there are blockages in the body due to stones or tumors. In this case, there is a need for more than one stent so that passage can be kept open. There are times when the organ becomes hyper-stimulated and risk increases. In these cases, the insertion of simultaneous stents becomes a game-changer. GI  stenting is a nonsurgical method that gives relief in gastrointestinal cancer. Stenting is more opted than other methods of upper GI  recanalization which are YAG Laser ablation and argon plasma coagulation. Stenting has a high technical success rate(close to 90%) and there is no need for expensive equipment. For instance, in Dec 2021, FDA in the US gave approval to svelte medical systems to commercialize SLENDER IDS and DIRECT RX drug eluting stent. These stents are low profile and provide positive outcomes in complex cases of coronary artery disease.

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Market Coverage

                 The market number available for – 2021-2028

                 Base year- 2021

                 Forecast period- 2022-2028

Segment Covered- 

·                  By product type

·                  By technology type

·                  By material

·                  By end user 

Regions Covered-

                 North America

                 Europe

                 Asia-Pacific

                 Rest of the World

Competitive Landscape- Becton, Dickinson and Company, Boston Scientific Corp., Cantel Medical Corp., Conmed Corp., Cook group Inc. and others 

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A full Report of Gastrointestinal Stent Market is Available @  https://www.omrglobal.com/industry-reports/gastrointestinal-stent-market

Global Gastrointestinal Stent Market Report by Segment

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

                 Shape Modified Stent 

By Material 

                 Plastic Stent

                 Self-Expanding Metal Stent( Stainless Steel Stent, Nitinol Stent)

                 Covered Self Expandable Metallic Stent

                 Biodegradable or Drug Eluting Stent 

 By end user 

                 Hospital

                 Specialty Clinic

                 Ambulatory Surgical Center

Global Gastrointestinal Stent 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

Company Profiles 

·        BCM Corp.

·        CITEC

·        ELLA-CS, s.r.o.

·        Endo-Flex GmbH

·        Hobbs Medical Inc.

·        Leufen Medical GmbH

·        Medorah Meditek Pvt.Ltd.

·        Merit Medical Systems, Inc.

·        Micro-Tech Corp.Ltd.

·        Olympus Corp.

·        QualiMed

·        Taewoong Medical Co.Ltd.

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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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