Global Biliary Stent Market Size study & Forecast, by Material, By Applications, By End-User and Regional Analysis, 2023-2030, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Biliary Stent market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Biliary Stent market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get the whole report, which includes a chart and more than 100 tables and figures. – Comprehensive Analysis of COVID-19 Market Outbreak Impact and Regional Situation
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Global Biliary Stent Market is valued at approximately USD 394.5 million in 2022 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2023-2030. Biliary stents are medical devices that are used to treat various conditions related to the bile ducts, which are part of the digestive system. The bile ducts are responsible for transporting bile, a fluid produced by the liver that helps digest fats, from the liver to the small intestine. The Biliary Stent market is expanding because of factors such as increasing biliary duct disorders and growing elderly aged population. Biliary stents are typically made of metal or plastic and are inserted into the bile ducts to help maintain their patency or to provide drainage in cases where the normal flow of bile is obstructed. They can be used for both temporary and permanent purposes, depending on the underlying condition being treated. Its prevalence has progressively increased during the last few decades.
According to Statista, in 2020, distant metastasis was the most common form of liver and bile duct cancer among Thai cancer patients, accounting for 87 new cases. Males made up the majority of new patients with liver and bile duct cancer during the same year. Furthermore, as per the American Society of Clinical Oncology, approximately 8,000 persons in the United States are diagnosed with bile duct cancer each year. People with intrahepatic bile duct cancer are diagnosed at an average age of 70. Another important component driving space is increase in elderly aged population. As geriatric and obese populations are predisposed to chronic diseases. According to the World Bank Group, in 2020, the world’s elderly population was 727 million, and it is expected to triple over the next three decades, reaching 1.5 billion in 2050. In addition, Japan has always been at the forefront in terms of the proportion of residents aged 65 and above, with almost 86,000 elderly individuals entirely living in the island nation in 2021. Also, rising adoption of minimally invasive medical equipment and growing pancreatic disorders would create a lucrative growth prospectus for the market over the forecast period. However, stringent government regulation stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Biliary 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 presence of key market players in the region. According to the American Cancer Society, about 8,000 people in the United States are diagnosed with bile duct cancer each year. This includes both intrahepatic and extrahepatic bile duct cancer. Furthermore, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising geriatric and target populations, and geographic expansion of key players in the market space.
Major market players included in this report are:
- Boston Scientific Corporation
- Medtronic plc
- Abbott Laboratories
- Biosensors International Group
- ENDO-FLEX GmbH
- Richard Wolf GmbH
- Olympus Corporation
- CONMED Corporation
- Becton, Dickinson and Company
- Stryker Corporation,
Recent Developments in the Market:
In April 2023, Boston Scientific acquired Apollo Endosurgery, a medical technology firm that specializes in the design, development, and commercialization of less invasive medical devices that enable gastrointestinal therapeutic endoscopy and Endo bariatrics.
Global Biliary 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: Material, Application, End-User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to 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 detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Material
- Metal
- Plastic
By Applications
- Malignant Obstruction
- Benign Biliary Strictures
- Biliary Leaks
- Others
By End-User
- Hospitals
- Specialty Clinics
- Diagnostic Laboratories
- Research and Academic Institutes
- Ambulance Surgical Centers
- Others
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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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- What are the key drivers influencing market growth?
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- What are the emerging trends and opportunities in the market?
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Key Points Covered in Biliary Stent Market Report:
Table of Contents
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
1.2.1. Biliary Stent Market, by Region, 2020-2030 (USD Million)
1.2.2. Biliary Stent Market, by Material, 2020-2030 (USD Million)
1.2.3. Biliary Stent Market, by Applications, 2020-2030 (USD Million)
1.2.4. Biliary Stent Market, by End-User, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Biliary 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 Biliary Stent Market Dynamics
3.1. Biliary Stent Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing biliary duct disorders
3.1.1.2. Growing elderly aged population
3.1.2. Market Challenges
3.1.2.1. Stringent government regulations
3.1.3. Market Opportunities
3.1.3.1. Rising adoption of minimally invasive medical equipment
3.1.3.2. Growing pancreatic disorders
Chapter 4. Global Biliary 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
……..and view more in complete table of Contents
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