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According to IMARC Group latest report titled” Gastrointestinal Stents Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing strong growth. The global gastrointestinal stents market to exhibit moderate growth during the next five years.
Market Trends:
Gastrointestinal stents market demand refer to cylindrical tube grafts inserted in the body to preclude blockages in the gullet, stomach, and small intestine. These stents are manufactured using the semirigid, plastic, or self-expanding mesh that are mainly placed in bile ducts, esophagus, or colon, for removing obstruction and reducing the pressure caused by inflammation. Gastrointestinal stents commonly include colonic, duodenal, biliary, pancreatic, and esophageal stents.
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The high prevalence of colorectal cancer, along with the rising inclination towards minimally invasive surgeries, is primarily driving the market growth. Furthermore, the increasing geriatric population who are prone to bowel ailment, diverticulosis, and gastrointestinal malignancies, is also propelling the market for gastrointestinal stents. Moreover, the rising demand for technologically advanced biodegradable and nitinol material-based stents is further augmenting the market growth. Additionally, the increasing use of self-expandable metal stents for the treatment of anastomotic leaks and perforation leads is expected to propel the market for gastrointestinal stents.
Competitive Landscape with Key players:
The competitive landscape of the industry has also been examined with some of the key players.
Global Gastrointestinal Stents Market Segmentation:
Our report has categorized the market based on Region, Product Type, Technology Type, Material Type and End-Use.
By Product Type:
By Technology Type:
By Material:
By End User:
By Region:
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/gastrointestinal-stents-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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