Global Biliary Stent Market Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2023-2028
The new report by Expert Market Research titled, ‘Global Biliary Stent Market Size, Report and Forecast 2023-2028’, gives an in-depth analysis of the global biliary stent market, assessing the market based on its segments like types, applications, end-uses, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/biliary-stent-market/requestsample
The key highlights of the report include:
Market Overview (2018-2028)
Forecast CAGR (2023-2028):4.9%
The increasing incidence of gallstones and the significantly rising prevalence of pancreatic and bile duct cancer are anticipated to propel the use of biliary stents. Increased utilisation of percutaneous transhepatic cholangiography (PTC) and endoscopic retrograde cholangiopancreatography (ERCP) procedures has been observed to augment the demand for biliary stents and recurring stenting procedures, driving the market growth. The increasing population diagnosed with chronic liver disease and bile duct cancer is also expected to aid the overall growth of the biliary stents market globally. Inflammation of the liver as a result of liver disease can cause bile duct blockage, necessitating the placement of a biliary stent. Owing to the above-mentioned factors, the market for biliary stents is anticipated to remain driven throughout the forecast period.
Industry Definition and Major Segments
Biliary stenting is the procedure of inserting stents (tubes composed of plastic or metal) into the biliary tree to clear obstructions or treat biliary leakage. It can be used to reduce obstruction in both benign and malignant biliary tract diseases, as well as palliative treatment for advanced biliary tract cancers.
By type, the market is segmented into:
The major applications of the market are:
Benign Biliary Structures
By end use, the market is classified into:
Ambulance Surgical Centres
Research and Academic Institutes
On the basis of region, the market is segmented into:
Middle East and Africa
The increasing adoption of minimally invasive procedures is propelling the market demand. Increasing technological advancements in the identification and treatment of gastrointestinal problems, particularly bile duct obstruction, provide several advantages, including shorter hospital stays, lower infection risks, and faster recovery. As a result of these factors, the adoption rate of biliary stents is increasing, adding to the overall growth of the biliary stents market. Additionally, the growing geriatric population, which is more vulnerable to diseases like pancreatic cancer, gallstones, and other malignant obstructions, is one of the primary drivers driving global market expansion. Also, increasing awareness of advanced technology for the diagnosis and treatment will likely favour the global biliary stents market forecasts.
Key Market Players
The major players in the market are Cook Group Incorporated, Medtronic Plc, Olympus Corporation, Boston Scientific Corporation (BSC), CONMED Corporation, and Becton, Dickinson, and Company (BD), among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Infliximab Drug Market: https://www.expertmarketresearch.com/reports/infliximab-drug-market
Hallux Valgus Treatment Market: https://www.expertmarketresearch.com/reports/hallux-valgus-treatment-market
Cardiac Mapping Systems Market – https://www.expertmarketresearch.com/reports/cardiac-mapping-systems-market
Acute Coronary Syndrome Treatment Market: https://www.expertmarketresearch.com/reports/acute-coronary-syndrome-treatment-market
Iron Deficiency Anaemia Treatment Market: https://www.expertmarketresearch.com/reports/iron-deficiency-anaemia-treatment-market
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Company Name: Claight Corporation
Contact Person: Sophia Grace, Corporate Sales Specialist – U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA