Market Overview:
The global bile duct stents market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of biliary diseases, rising geriatric population, and technological advancements in the field of medical devices. Based on type, the global bile duct stents market is segmented into covered type and uncovered type. The covered type segment is expected to dominate the global market during the forecast period owing to its benefits such as prevention of migration and occlusion. Based on application, the global bile duct stents market is segmented into benign biliary obstruction and malignant biliary obstruction. The benign obstructive disease segment dominates this market due to high incidence rates across all regions studied in this research study.
Product Definition:
Bile duct stents are small, metal tubes that are inserted into the bile ducts to keep them open. They are often used to treat blockages or narrowing of the bile ducts.
Covered Type:
Covered type bile duct stents are used to treat biliary tract diseases such as bile duct cancer, primary cholangitis and intrahepatic cholangitis. C-type BDS have a small chance of becoming infected because they are covered with a plastic sheath that protects the wire from coming in contact with the body fluids.
Uncovered Type:
The covered type is used in bile duct stents and it is a small, flexible tube that is inserted into the bile duct to remove blockages. The stent-grafts are placed across the narrow part of the common bile duct in order to unblock an obstructed liver or gall bladder.
These types of stents can be single or multi-chambered devices.
Application Insights:
The application segment includes benign biliary obstruction and malignant biliary obstruction. In 2017, the benign biliary obstruction segment dominated the global market owing to increasing incidence of primary sclerosing cholangitis (PSC) and ascending acholic liver disease (ALD). As per U.S. National Library of Medicine National Institutes of Health, PSC is a chronic liver disease that mainly affects people aged 45 years and above; however, it may also affect younger people. It is caused due to inflammation & scarring in the gallbladder wall resulting in slowdown or blockage of bile flow from liver to stomach.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of industry players and high adoption rate for advanced technologies. The region is expected to maintain its dominance over the forecast period due to factors such as favorable reimbursement policies, increasing prevalence of biliary disorders, rising awareness about bile duct stents and availability of highly skilled physicians.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to improving healthcare infrastructure, economic development & reforms in emerging countries such as China & India and increasing patient pool suffering from cholestatic liver diseases. Moreover, growing medical tourism industry coupled with government initiatives aimed at reducing healthcare costs may boost regional growth further. For instance, Aspen Medical Center has established two hospitals – one each in China (Chengdu) and India (Bangalore). These factors are likely drive market demand during the forecast period.
Growth Factors:
- Increasing incidence of bile duct cancer
- Rising demand for minimally invasive surgeries
- Technological advancements in stent design and manufacturing
- Growing awareness about the benefits of bile duct stents
- increasing number of clinical studies on the use of bile duct stents
Scope Of The Report
Report Attributes
Report Details
Report Title
Bile Duct Stents Market Research Report
By Type
Covered Type, Uncovered Type
By Application
Benign Biliary Obstruction, Malignant Biliary Obstruction
By Companies
Boston Scientific, Cook, BD, Micro-Tech, Garson Medical Stent, Changzhou Zhiye, Taewoong Medical, M.I. TECH, Medtronic, Boston Scientific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Bile Duct Stents Market Report Segments:
The global Bile Duct Stents market is segmented on the basis of:
Types
Covered Type, Uncovered Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Benign Biliary Obstruction, Malignant Biliary Obstruction
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Boston Scientific
- Cook
- BD
- Micro-Tech
- Garson Medical Stent
- Changzhou Zhiye
- Taewoong Medical
- M.I. TECH
- Medtronic
- Boston Scientific
Highlights of The Bile Duct Stents Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Covered Type
- Uncovered Type
- By Application:
- Benign Biliary Obstruction
- Malignant Biliary Obstruction
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bile Duct Stents Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bile duct stents are medical devices that help to keep the bile ducts open. This can help to prevent blockages and improve the flow of bile.
Some of the key players operating in the bile duct stents market are Boston Scientific, Cook, BD, Micro-Tech, Garson Medical Stent, Changzhou Zhiye, Taewoong Medical, M.I. TECH, Medtronic, Boston Scientific.
The bile duct stents market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bile Duct Stents Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bile Duct Stents Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bile Duct Stents Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bile Duct Stents Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bile Duct Stents Market Size & Forecast, 2018-2028
4.5.1 Bile Duct Stents Market Size and Y-o-Y Growth
4.5.2 Bile Duct Stents Market Absolute $ Opportunity
Chapter 5 Global Bile Duct Stents Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bile Duct Stents Market Size Forecast by Type
5.2.1 Covered Type
5.2.2 Uncovered Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bile Duct Stents Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bile Duct Stents Market Size Forecast by Applications
6.2.1 Benign Biliary Obstruction
6.2.2 Malignant Biliary Obstruction
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bile Duct Stents Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bile Duct Stents Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bile Duct Stents Analysis and Forecast
9.1 Introduction
9.2 North America Bile Duct Stents Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bile Duct Stents Market Size Forecast by Type
9.6.1 Covered Type
9.6.2 Uncovered Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bile Duct Stents Market Size Forecast by Applications
9.10.1 Benign Biliary Obstruction
9.10.2 Malignant Biliary Obstruction
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bile Duct Stents Analysis and Forecast
10.1 Introduction
10.2 Europe Bile Duct Stents Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bile Duct Stents Market Size Forecast by Type
10.6.1 Covered Type
10.6.2 Uncovered Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bile Duct Stents Market Size Forecast by Applications
10.10.1 Benign Biliary Obstruction
10.10.2 Malignant Biliary Obstruction
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bile Duct Stents Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bile Duct Stents Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bile Duct Stents Market Size Forecast by Type
11.6.1 Covered Type
11.6.2 Uncovered Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bile Duct Stents Market Size Forecast by Applications
11.10.1 Benign Biliary Obstruction
11.10.2 Malignant Biliary Obstruction
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bile Duct Stents Analysis and Forecast
12.1 Introduction
12.2 Latin America Bile Duct Stents Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bile Duct Stents Market Size Forecast by Type
12.6.1 Covered Type
12.6.2 Uncovered Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bile Duct Stents Market Size Forecast by Applications
12.10.1 Benign Biliary Obstruction
12.10.2 Malignant Biliary Obstruction
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bile Duct Stents Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bile Duct Stents Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bile Duct Stents Market Size Forecast by Type
13.6.1 Covered Type
13.6.2 Uncovered Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bile Duct Stents Market Size Forecast by Applications
13.10.1 Benign Biliary Obstruction
13.10.2 Malignant Biliary Obstruction
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bile Duct Stents Market: Competitive Dashboard
14.2 Global Bile Duct Stents Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boston Scientific
14.3.2 Cook
14.3.3 BD
14.3.4 Micro-Tech
14.3.5 Garson Medical Stent
14.3.6 Changzhou Zhiye
14.3.7 Taewoong Medical
14.3.8 M.I. TECH
14.3.9 Medtronic
14.3.10 Boston Scientific
