Reports and Data has recently published a novel research report on global Biliary Stent Market covering current market scenario and market developments between 2018 and 2027. The report offers in-depth analysis of historical and latest market trends along with revenue growth, market size, drivers, restraints, limitations and opportunities. The report is well curated using statistical methods such as SWOT analysis and Porter’s Five Force and presented using tables, graphs, charts, figures and other pictorial representations to help user understand the market dynamics. The data is collected using extensive primary and secondary research which is evaluated by experts and professionals in the industry.
A rise in the incidence of gastrointestinal disease among the populace will boost Biliary Stent market share. The gastrointestinal disease accounts for a major global disease burden. In 2018, the overall annual healthcare expenditures for GI reached USD 136 billion in the United States, whicssssh is more than for mental health (USD 99 billion), trauma (USD 103 billion), and heart disease (USD113 billion). The conditions that are considered costliest in terms of treatment are inflammatory bowel disease (USD 7 billion), abdominal pain (USD 10 billion), biliary disease (USD 10 billion), esophageal disorders (USD 18 billion), and hepatitis (USD 23 billion). A similar trend in disease prevalence will foster market revenue share. Moreover, increasing the inclination of patients towards minimally invasive procedures will reinforce Biliary Stent market trends through 2027.
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Competitive Landscape:
The report offers details about financial standing, global positional, license agreement, business expansion plans and product portfolios of each player operating in the market. The global Biliary Stent Market is extremely competitive and comprise various key players operating at global and regional levels. These players are adopting various strategies such as mergers and acquisitions, collaborations, joint ventures, partnerships, RD investments and new product launches to gain robust footing in the market and expand their product portfolio.
Key Companies in the market include: Boston Scientific, Cook Medical, ELLA-CS, Olympus America, ConMed, Gore Medical, TaeWoong Medical, Hobbs Medical, C.R. Bard and Merit Medical Endotek.
Report Overview:
The materials and chemicals industry revenue has rapidly expanded over the recent past. The global Biliary Stent Market is expected to register robust revenue growth during the forecast period, 2021-2028. Revenue growth of the global market is significantly driven by factors such as high demand for raw materials and chemicals across various sectors including food and beverages, paper pulp, chemicals and medical, biotechnology and pharmaceutical and rapid urbanization and industrial developments worldwide. In addition, increasing per capita income, rising investments by public and private organizations and rising demand for eco-friendly and sustainable products due to rising awareness about carbon emissions are expected to boost global market growth during the forecast period.
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Market Segmentation
Product Outlook (Revenue, USD Million, 2017 - 2027)
- Biliary Stent
- Duodenal Stent
- Colonic Stent
- Pancreatic Stent
- Esophageal Stent
Material Outlook (Revenue, USD Million, 2017 - 2027)
- Self-expanding Metal Stents
- Plastic Stents
Application Outlook (Revenue, USD Million, 2017 - 2027)
- Biliary Disease
- Colorectal Cancer
- Stomach Cancer
- Others
End-Use Outlook (Revenue, USD Million, 2017 - 2027)
- Hospitals
- Ambulatory surgical centers
- Specialized Clinics
Regional Outlook:
North America (U.S.A., Canada, Mexico)
North America (Italy, U.K., Germany, France, Rest Of North America)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest Of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest Of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest Of Middle East Africa)
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Key questions covered in the global Biliary Stent Market report:
- What is the expected market size of the global Biliary Stent Market during the forecast period?
- What factors are expected to hamper global Biliary Stent Market growth over the forecast period?
- Which application segment is expected to dominate other application segments over the forecast period?
- Which region is expected to dominate in terms of revenue during the forecast period?
- What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
- Which leading players are operating in the global Biliary Stent Market?
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