Global Gastrointestinal Stent Market Size Study & Forecast, By Products By Material By Application By End Users and Regional Analysis, 2023-2030

Description

List of Tables

Global Gastrointestinal Stent Market is valued at approximately USD 482.59 million in 2022 and is anticipated to grow with a healthy growth rate of more than 5.6% over the forecast period 2023-2030. Gastrointestinal Stent is a medical device designed to provide support and maintain the patency of the gastrointestinal tract. It is typically used in the treatment of strictures, obstructions, or other conditions that may cause a narrowing or blockage in the digestive system. These stents are tubular structures made of materials such as metal or plastic, and they can be placed endoscopically or radiologically to help keep the GI tract open. The Gastrointestinal Stent market is expected to grow during the forecast period because of factors such as the rising prevalence of gastrointestinal cancer and growing number of geriatric populations. As a result, the demand for Gastrointestinal Stent has progressively increased in the international market during the forecast period 2023-2030.

Gastrointestinal stents are often used as a palliative treatment option for patients with advanced gastrointestinal cancers. Stents can be deployed to relieve symptoms and improve the quality of life for these patients. According to the American Cancer Society's projections for gastric cancer in the United States, there are about 26,890 new cases of stomach cancer in 2023 and around 10,880 deaths from gastric cancer by the year 2024. Furthermore, Gastrointestinal stents are commonly used in minimally invasive procedures, such as endoscopy or laparoscopy, for the placement of stents to alleviate symptoms caused by cancerous obstructions. This approach is less invasive than traditional surgical interventions, leading to quicker recovery times and reduced hospital stays. Another important factor that drives the Gastrointestinal Stent market is the surge in the geriatric population. The aging population often requires more healthcare services, leading to an increase in healthcare expenditure. This can positively impact the gastrointestinal stent market, as healthcare providers invest in advanced medical technologies and devices to meet the growing demand for effective and minimally invasive treatment options for elderly patients. In addition, per World Health Organization indicates that the global population aged 60 and above is expected to double to around 2.1 billion by 2050. Moreover, those aged 80 and beyond are anticipated to triple between 2020 and 2050, reaching a staggering 426 million. Moreover, technological advancements related to gastrointestinal stents and increasing preferences for minimally invasive procedures are anticipated to create a lucrative growth opportunity for the market over the forecast period. However, the high cost of Gastrointestinal procedures and complications associated with gastrointestinal procedures is going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Gastrointestinal Stent Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing number of patients suffering from gastrointestinal disorders, and the elderly population in the region. Advances in diagnostic techniques and increased awareness about gastrointestinal disorders contribute to early detection and intervention. This early diagnosis may lead to a higher demand for treatment options, including the use of gastrointestinal stents for timely and effective management. The region's dominant performance is anticipated to propel the overall demand for Gastrointestinal Stent. Furthermore, Asia Pacific is expected to grow fastest during the forecast period, owing to factors such as rising demand for minimally invasive procedures in the region. The aging population is more prone to gastrointestinal issues, such as strictures, tumors, or obstructions. Minimally invasive procedures are often preferred for older patients due to the associated benefits like reduced complications and faster recovery.

Major market players included in this report are:

Boston Scientific Corporation
Hobbs Medical Inc.
Taewoong Medical Co., Ltd.
Micro-Tech (Nanjing) Co., Ltd.
Olympus Corporation
Merit Medical Systems, Inc.
Qualimed, Inc.
Medtronic, Inc.
Conmed Corporation
Johnson & Johnson Services, Inc.

Recent Developments in the Market:

In February 2023, Olympus Corporation, a global MedTech company dedicated to making people's lives healthier, safer, and more fulfilling, has agreed to acquire Taewoong Medical Co., Ltd, a Korea-based manufacturer of medical devices such as gastrointestinal (GI) metallic stents1, to strengthen its GI EndoTherapy product portfolio capabilities, thereby contributing to better patient outcomes through comprehensive solutions.

Global Gastrointestinal Stent Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Products, Material, Application, End Users, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters to detailed information about the crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Products

Biliary stents
Duodenal stents
Colonic stents
Pancreatic stents
Esophageal stents

By Material

Self-expanding metal stents
Nitinol
Stainless steel
Other metal stents
Plastic stents

By Application

Biliary diseases
Irritable bowel syndrome
Gastrointestinal cancers
Colorectal cancer
Stomach cancer
Esophageal cancer
Pancreatic cancer

By End Users

Hospitals and Clinics
Ambulatory Surgical Centers

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1.Executive Summary

1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1.Gastrointestinal Stent Market, by Region, 2020-2030 (USD Million)
- 1.2.2.Gastrointestinal Stent Market, by Products, 2020-2030 (USD Million)
- 1.2.3.Gastrointestinal Stent Market, by Material, 2020-2030 (USD Million)
- 1.2.4.Gastrointestinal Stent Market, by Application, 2020-2030 (USD Million)
- 1.2.5.Gastrointestinal Stent Market, by End Users, 2020-2030 (USD Million)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption

Chapter 2.Global Gastrointestinal Stent Market Definition and Scope

2.1.Objective of the Study
2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
2.3.Years Considered for the Study
2.4.Currency Conversion Rates

Chapter 3.Global Gastrointestinal Stent Market Dynamics

3.1.Gastrointestinal Stent Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
  - 3.1.1.1.Increasing Prevalence of Gastrointestinal Cancer
  - 3.1.1.2.Growing Geriatric Population
- 3.1.2.Market Challenges
  - 3.1.2.1.High Cost of Gastrointestinal Procedures
  - 3.1.2.2.Complications Associated with Gastrointestinal Procedures
- 3.1.3.Market Opportunities
  - 3.1.3.1.Technological Advancements Related to Gastrointestinal Stents
  - 3.1.3.2.Increasing Preferences for Minimally Invasive Procedures

Chapter 4.Global Gastrointestinal Stent Market Industry Analysis

4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
4.2.Porter's 5 Force Impact Analysis
4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economical
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
4.4.Top investment opportunity
4.5.Top winning strategies
4.6.COVID-19 Impact Analysis
4.7.Disruptive Trends
4.8.Industry Expert Perspective
4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Gastrointestinal Stent Market, by Products

5.1.Market Snapshot
5.2.Global Gastrointestinal Stent Market by Products, Performance - Potential Analysis
5.3.Global Gastrointestinal Stent Market Estimates & Forecasts by Products 2020-2030 (USD Million)
5.4.Gastrointestinal Stent Market, Sub Segment Analysis
- 5.4.1.Biliary stents
- 5.4.2.Duodenal stents
- 5.4.3.Colonic stents
- 5.4.4.Pancreatic stents
- 5.4.5.Esophageal stents

Chapter 6.Global Gastrointestinal Stent Market, by Material

6.1.Market Snapshot
6.2.Global Gastrointestinal Stent Market by Material, Performance - Potential Analysis
6.3.Global Gastrointestinal Stent Market Estimates & Forecasts by Material 2020-2030 (USD Million)
6.4.Gastrointestinal Stent Market, Sub Segment Analysis
- 6.4.1.Self-expanding metal stents
- 6.4.2.Nitinol
- 6.4.3.Stainless steel
- 6.4.4.Other metal stents
- 6.4.5.Plastic stents

Chapter 7.Global Gastrointestinal Stent Market, by Application

7.1.Market Snapshot
7.2.Global Gastrointestinal Stent Market by Application, Performance - Potential Analysis
7.3.Global Gastrointestinal Stent Market Estimates & Forecasts by Application 2020-2030 (USD Million)
7.4.Gastrointestinal Stent Market, Sub Segment Analysis
- 7.4.1.Biliary diseases
- 7.4.2.Irritable bowel syndrome
- 7.4.3.Gastrointestinal cancers
- 7.4.4.Colorectal cancer
- 7.4.5.Stomach cancer
- 7.4.6.Esophageal cancer
- 7.4.7.Pancreatic cancer

Chapter 8.Global Gastrointestinal Stent Market, by End Users

8.1.Market Snapshot
8.2.Global Gastrointestinal Stent Market by End Users, Performance - Potential Analysis
8.3.Global Gastrointestinal Stent Market Estimates & Forecasts by End Users 2020-2030 (USD Million)
8.4.Gastrointestinal Stent Market, Sub Segment Analysis
- 8.4.1.Hospitals and Clinics
- 8.4.2.Ambulatory Surgical Centers

Chapter 9.Global Gastrointestinal Stent Market, Regional Analysis

9.1.Top Leading Countries
9.2.Top Emerging Countries
9.3.Gastrointestinal Stent Market, Regional Market Snapshot
9.4.North America Gastrointestinal Stent Market
- 9.4.1.U.S. Gastrointestinal Stent Market
  - 9.4.1.1.Products breakdown estimates & forecasts, 2020-2030
  - 9.4.1.2.Material breakdown estimates & forecasts, 2020-2030
  - 9.4.1.3.Application breakdown estimates & forecasts, 2020-2030
  - 9.4.1.4.End Users breakdown estimates & forecasts, 2020-2030
- 9.4.2.Canada Gastrointestinal Stent Market
9.5.Europe Gastrointestinal Stent Market Snapshot
- 9.5.1.U.K. Gastrointestinal Stent Market
- 9.5.2.Germany Gastrointestinal Stent Market
- 9.5.3.France Gastrointestinal Stent Market
- 9.5.4.Spain Gastrointestinal Stent Market
- 9.5.5.Italy Gastrointestinal Stent Market
- 9.5.6.Rest of Europe Gastrointestinal Stent Market
9.6.Asia-Pacific Gastrointestinal Stent Market Snapshot
- 9.6.1.China Gastrointestinal Stent Market
- 9.6.2.India Gastrointestinal Stent Market
- 9.6.3.Japan Gastrointestinal Stent Market
- 9.6.4.Australia Gastrointestinal Stent Market
- 9.6.5.South Korea Gastrointestinal Stent Market
- 9.6.6.Rest of Asia Pacific Gastrointestinal Stent Market
9.7.Latin America Gastrointestinal Stent Market Snapshot
- 9.7.1.Brazil Gastrointestinal Stent Market
- 9.7.2.Mexico Gastrointestinal Stent Market
9.8.Middle East & Africa Gastrointestinal Stent Market
- 9.8.1.Saudi Arabia Gastrointestinal Stent Market
- 9.8.2.South Africa Gastrointestinal Stent Market
- 9.8.3.Rest of Middle East & Africa Gastrointestinal Stent Market

Chapter 10.Competitive Intelligence

10.1.Key Company SWOT Analysis
10.2.Top Market Strategies
10.3.Company Profiles
- 10.3.1.Boston Scientific Corporation
  - 10.3.1.1.Key Information
  - 10.3.1.2.Overview
  - 10.3.1.3.Financial (Subject to Data Availability)
  - 10.3.1.4.Product Summary
  - 10.3.1.5.Recent Developments
- 10.3.2.Hobbs Medical Inc
- 10.3.3.Taewoong Medical Co., Ltd
- 10.3.4.Micro-Tech (Nanjing) Co., Ltd
- 10.3.5.Olympus Corporation
- 10.3.6.Merit Medical Systems, Inc
- 10.3.7.Qualimed, Inc
- 10.3.8.Medtronic, Inc
- 10.3.9.Conmed Corporation
- 10.3.10.Johnson & Johnson Services, Inc

Chapter 11.Research Process

11.1.Research Process
- 11.1.1.Data Mining
- 11.1.2.Analysis
- 11.1.3.Market Estimation
- 11.1.4.Validation
- 11.1.5.Publishing
11.2.Research Attributes
11.3.Research Assumption

LIST OF TABLES

TABLE 1.Global Gastrointestinal Stent Market, report scope
TABLE 2.Global Gastrointestinal Stent Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3.Global Gastrointestinal Stent Market estimates & forecasts by Products 2020-2030 (USD Million)
TABLE 4.Global Gastrointestinal Stent Market estimates & forecasts by Material 2020-2030 (USD Million)
TABLE 5.Global Gastrointestinal Stent Market estimates & forecasts by Application 2020-2030 (USD Million)
TABLE 6.Global Gastrointestinal Stent Market estimates & forecasts by End Users 2020-2030 (USD Million)
TABLE 7.Global Gastrointestinal Stent Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8.Global Gastrointestinal Stent Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9.Global Gastrointestinal Stent Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10.Global Gastrointestinal Stent Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11.Global Gastrointestinal Stent Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12.Global Gastrointestinal Stent Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13.Global Gastrointestinal Stent Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14.Global Gastrointestinal Stent Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15.Global Gastrointestinal Stent Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 16.Global Gastrointestinal Stent Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 17.U.S. Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 18.U.S. Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 19.U.S. Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 20.Canada Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 21.Canada Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 22.Canada Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 23.UK Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 24.UK Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 25.UK Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 26.Germany Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 27.Germany Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 28.Germany Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 29.France Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 30.France Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 31.France Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 32.Italy Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 33.Italy Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 34.Italy Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 35.Spain Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 36.Spain Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 37.Spain Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 38.RoE Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 39.RoE Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 40.RoE Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 41.China Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 42.China Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 43.China Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 44.India Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 45.India Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 46.India Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 47.Japan Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 48.Japan Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 49.Japan Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 50.South Korea Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 51.South Korea Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 52.South Korea Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 53.Australia Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 54.Australia Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 55.Australia Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 56.RoAPAC Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 57.RoAPAC Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 58.RoAPAC Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 59.Brazil Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 60.Brazil Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 61.Brazil Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 62.Mexico Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 63.Mexico Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 64.Mexico Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 65.RoLA Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 66.RoLA Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 67.RoLA Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 68.Saudi Arabia Gastrointestinal Stent Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 69.South Africa Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 70.RoMEA Gastrointestinal Stent Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 71.List of secondary sources, used in the study of global Gastrointestinal Stent Market
TABLE 72.List of primary sources, used in the study of global Gastrointestinal Stent Market
TABLE 73.Years considered for the study
TABLE 74.Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1.Global Gastrointestinal Stent Market, research methodology
FIG 2.Global Gastrointestinal Stent Market, Market estimation techniques
FIG 3.Global Market size estimates & forecast methods
FIG 4.Global Gastrointestinal Stent Market, key trends 2022
FIG 5.Global Gastrointestinal Stent Market, growth prospects 2023-2030
FIG 6.Global Gastrointestinal Stent Market, porters 5 force model
FIG 7.Global Gastrointestinal Stent Market, pest analysis
FIG 8.Global Gastrointestinal Stent Market, value chain analysis
FIG 9.Global Gastrointestinal Stent Market by segment, 2020 & 2030 (USD Million)
FIG 10.Global Gastrointestinal Stent Market by segment, 2020 & 2030 (USD Million)
FIG 11.Global Gastrointestinal Stent Market by segment, 2020 & 2030 (USD Million)
FIG 12.Global Gastrointestinal Stent Market by segment, 2020 & 2030 (USD Million)
FIG 13.Global Gastrointestinal Stent Market by segment, 2020 & 2030 (USD Million)
FIG 14.Global Gastrointestinal Stent Market, regional snapshot 2020 & 2030
FIG 15.North America Gastrointestinal Stent Market 2020 & 2030 (USD Million)
FIG 16.Europe Gastrointestinal Stent Market 2020 & 2030 (USD Million)
FIG 17.Asia Pacific Gastrointestinal Stent Market 2020 & 2030 (USD Million)
FIG 18.Latin America Gastrointestinal Stent Market 2020 & 2030 (USD Million)
FIG 19.Middle East & Africa Gastrointestinal Stent Market 2020 & 2030 (USD Million)