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Global Gastrointestinal Stents Market to Grow at a CAGR of 3.89% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Gastrointestinal Stents Market 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 12/08/2016 -- Report forecast the global gastrointestinal stents market to grow at a CAGR of 3.89% during the period 2016-2020.

Gastrointestinal stents consist of stents that include trans-hepatic, esophageal, biliary stents, pancreatic and duodenal stents. The stents are used during colorectal cancer, inflammatory bowel disease, GI bleeding, and other diseases. SEMSs are considered to be the most commonly used mesh cylindrical stents with large diameter to treat severe gastrointestinal conditions. The gastrointestinal stents are positioned under endoscopic view with fluoroscopic imaging guidance.

The different types of stents used in gastrointestinal include esophageal stents, duodenal stents, and enteral colonic stents. Biliary stents are being used to treat biliary infection cholangitis and biliary decompression during benign and malignant conditions since the 1970s. The major obstructions in biliary stents include malignant and benign strictures, stenotic sphincters, obstructed endoprostheses, and bile duct stones

The report covers the present scenario and the growth prospects of the global gastrointestinal stents market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of various gastrointestinal stents, which are segmented as follows:
- Biliary and pancreatic stents
- Esophageal stents
- Duodenal stents
- Colonic stents

The market is divided into the following segments based on geography:
- Americas

According to the report, gerontology diseases disproportionately affect the aging population, with prominent gastrointestinal disorders such as diverticulosis, bowel diseases, gastrointestinal malignancies, and urinary and fecal related problems. The changes in lifestyle like the increase in unhealthy diet and physical inactivity will result in raised blood pressure, blood glucose, lipids, and obesity. In the past few years, there has been a rise in morbidity and mortality from chronic diseases such as esophageal cancer, colorectal cancer, rectal cancer, and gastrointestinal related critical disorders.

Further, the report states that the gastrointestinal devices are classified as class III devices and are subjected to high risk, and regulatory authorities have enforced a stringent regulatory framework and labeling requirement for medical devices. Medical devices are always considered high risk and undergo safety examination to demonstrate medical efficacy before they are granted approval. The FDA prevents unsafe and ineffective devices from entering or remaining in the market. As a result, a huge proportion of the devices in the market do not yet have FDA approval but are still in the process of attaining it. It may take several years for the devices to satisfy the requirements of the regulatory agencies. Failure to follow such laws and regulations can have an adverse effect on the growth of the market. These approvals are time-consuming. Some devices undergo rigorous clinical testing before their approval and require pre-market approval (PMA), and sometimes an extensive agency review process is followed for particular devices.

Global Gastrointestinal Stents Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global gastrointestinal stents market: BD, Boston Scientific, ELLA-CS, Cook Medical, Medtronic, and TaeWoong Medical

Other Prominent Vendors in the market are: BVM Medical, ConMed, EndoChoice, Hobbs Medical, Merit Medical Systems, Olympus, and Surgimedik

Market driver
- Increasing incidence of gastrointestinal disorders
- For a full, detailed list, view our report

Market challenge
- Complications associated with gastrointestinal stents
- For a full, detailed list, view our report

Market trend
- Growing demand for nitinol material based gastrointestinal stents
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 60 pages and 68 Exhibits "Global Gastrointestinal Stents Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Gastrointestinal stents: An overview, Market segmentation by product, Market segmentation by end-user, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Buying criteria, Vendor landscape, Key vendor analysis, Appendix.

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