Market Overview:
The global self-expanding metal gastrointestinal stent market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing prevalence of gastrointestinal diseases, technological advancements in stent design and development, and rising demand for minimally invasive procedures. Based on type, the global self-expanding metal gastrointestinal stent market is segmented into stainless steel stents, nitinol stents, and others. The stainless steel segment accounted for the largest share of the global self-expanding metal gastrointestinal stent market in 2017 owing to its high durability and biocompatibility. Based on application, the global self-expanding metal gastrointestinal stent market is segmented into biliary diseases, inflammatory bowel diseases (IBD), gastroesophageal reflux disease (GERD), gastric cancer, pancreatic cancer,, colorectal cancer,, esophageal cancer,, small intestine tumors,, rectal tumors,.
Product Definition:
A self-expanding metal gastrointestinal stent is a device that is inserted into an artery to expand and hold the artery open. It is used to treat conditions such as blockages in the arteries of the heart, neck, and legs. The self-expanding metal gastrointestinal stent prevents blood clotting and helps keep the artery open.
Stainless Steel Stents:
Stainless steel stents are used in various medical procedures for the treatment of stomach and intestine related disorders. The growth factor responsible for the increasing demand is their ability to provide long-term protection against reflux esophagitis, which is a chronic disorder that can result in ulceration or perforation of the esophagus.
Increasing prevalence of such diseases as cancer, gastrointestinal disorders.
Nitinol Stents:
Nitinol stents are used in the treatment of stomach and digestive tract diseases. Nitinol is a nickel-titanium alloy, which has excellent mechanical properties for placement in body tissues. It can be used as an alternative to traditional metal stents that have limitations for use in certain patient populations due to adverse events such as erosion or migration.
Application Insights:
Based on application, the global self-expanding metal gastrointestinal stent market is segmented into biliary diseases, inflammatory bowel diseases, and gastrointestinal cancers. The biliary diseases segment dominated the overall market in terms of revenue share in 2017. This can be attributed to increasing incidence rates of chronic kidney disease (CKD) coupled with rising awareness about minimally invasive surgeries for treating this condition. As per data published by U.S Department of Health & Human Services Chronic Kidney Disease (CKD) Program between 2012 and 2014, around 30 million people were affected by CKD across the globe which included 10 million who were classified as stage 4 or 5 CKD patients requiring dialysis or a kidney transplant to stay alive.
The Inflammatory Bowel Diseases (IBDs) segment is expected to witness lucrative growth over the forecast period owing to an increase in prevalence rates of these conditions coupled with growing awareness about early diagnosis.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing incidence of GI disorders, rising adoption of a sedentary lifestyle, and high per capita healthcare expenditure in this region as compared to others.
Asia Pacific is anticipated to witness lucrative growth over the coming years owing to improving economic conditions and growing awareness about available treatment options for various diseases. Moreover, increasing prevalence of gastrointestinal malignancy is also likely contribute toward regional demand for self-expanding metal gastrointestinal stent during the forecast period from 2018 to 2030 timeframe.
Growth Factors:
- Increasing incidence of gastrointestinal diseases
- Growing geriatric population
- Rising demand for minimally invasive surgeries
- Technological advancements in stent design and delivery systems
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Self-expanding Metal Gastrointestinal Stent Market Research Report
By Type
Stainless Steel Stents, Nitinol Stents, Others
By Application
Biliary Diseases, Inflammatory Bowel Diseases, Gastrointestinal Cancers
By Companies
Boston Scientific (US), Cook Group (US), ELLA-CS (Czech Republic), Merit Medical Systems (US), Taewoong Medical (South Korea), Micro-Tech (China), M.I. Tech (South Korea), Boston Scientific (US)
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Self-expanding Metal Gastrointestinal Stent Market Report Segments:
The global Self-expanding Metal Gastrointestinal Stent market is segmented on the basis of:
Types
Stainless Steel Stents, Nitinol Stents, Others
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
Biliary Diseases, Inflammatory Bowel Diseases, Gastrointestinal Cancers
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 (US)
- Cook Group (US)
- ELLA-CS (Czech Republic)
- Merit Medical Systems (US)
- Taewoong Medical (South Korea)
- Micro-Tech (China)
- M.I. Tech (South Korea)
- Boston Scientific (US)
Highlights of The Self-expanding Metal Gastrointestinal Stent 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:
- Stainless Steel Stents
- Nitinol Stents
- Others
- By Application:
- Biliary Diseases
- Inflammatory Bowel Diseases
- Gastrointestinal Cancers
- 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 Self-expanding Metal Gastrointestinal Stent 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?
A self-expanding metal gastrointestinal stent is a medical device that helps to keep the stomach and intestines open. This type of stent is inserted into the stomach through the mouth or nose, and it expands as it goes down into the stomach. This helps to prevent blockages in the digestive system, which can lead to food poisoning or other health problems.
Some of the key players operating in the self-expanding metal gastrointestinal stent market are Boston Scientific (US), Cook Group (US), ELLA-CS (Czech Republic), Merit Medical Systems (US), Taewoong Medical (South Korea), Micro-Tech (China), M.I. Tech (South Korea), Boston Scientific (US).
The self-expanding metal gastrointestinal stent market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Self-expanding Metal Gastrointestinal Stent 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 Self-expanding Metal Gastrointestinal Stent Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Self-expanding Metal Gastrointestinal Stent 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 Self-expanding Metal Gastrointestinal Stent 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 Self-expanding Metal Gastrointestinal Stent Market Size & Forecast, 2020-2028
4.5.1 Self-expanding Metal Gastrointestinal Stent Market Size and Y-o-Y Growth
4.5.2 Self-expanding Metal Gastrointestinal Stent Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Stainless Steel Stents
5.2.2 Nitinol Stents
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Biliary Diseases
6.2.2 Inflammatory Bowel Diseases
6.2.3 Gastrointestinal Cancers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Self-expanding Metal Gastrointestinal Stent 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 Self-expanding Metal Gastrointestinal Stent 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Stainless Steel Stents
9.6.2 Nitinol Stents
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Biliary Diseases
9.10.2 Inflammatory Bowel Diseases
9.10.3 Gastrointestinal Cancers
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Stainless Steel Stents
10.6.2 Nitinol Stents
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Biliary Diseases
10.10.2 Inflammatory Bowel Diseases
10.10.3 Gastrointestinal Cancers
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Stainless Steel Stents
11.6.2 Nitinol Stents
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Biliary Diseases
11.10.2 Inflammatory Bowel Diseases
11.10.3 Gastrointestinal Cancers
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Stainless Steel Stents
12.6.2 Nitinol Stents
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Biliary Diseases
12.10.2 Inflammatory Bowel Diseases
12.10.3 Gastrointestinal Cancers
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Stainless Steel Stents
13.6.2 Nitinol Stents
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Biliary Diseases
13.10.2 Inflammatory Bowel Diseases
13.10.3 Gastrointestinal Cancers
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 Self-expanding Metal Gastrointestinal Stent Market: Competitive Dashboard
14.2 Global Self-expanding Metal Gastrointestinal Stent Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boston Scientific (US)
14.3.2 Cook Group (US)
14.3.3 ELLA-CS (Czech Republic)
14.3.4 Merit Medical Systems (US)
14.3.5 Taewoong Medical (South Korea)
14.3.6 Micro-Tech (China)
14.3.7 M.I. Tech (South Korea)
14.3.8 Boston Scientific (US)
