MARKET OVERVIEW
Biliary stents are medical devices that treat biliary obstructions by providing a pathway for bile discharge from the liver to the small intestine. The biliary stents market includes both plastic and metal stents. The biliary stents market is increasingly adopting metal stents over plastic stents. Metal stents have better patency rates and a longer lifespan than plastic ones. They are also less prone to dislodgement and migration, reducing the need for repeat procedures.
MARKET DYNAMICS
The biliary stents market is expected to witness lucrative growth over the forecast period due to key driving factors such as the rising geriatric population, demand for minimally invasive procedures, high prevalence of biliary diseases, awareness related to biliary stents, and others. In addition, various players in the emerging market have advanced technology products, which are anticipated to create growth opportunities for the biliary stents market during the forecast period.
MARKET SCOPE
The "Global Biliary Stents Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of biliary stents market with detailed market segmentation by product, application, end user and geography. The global biliary stents market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading the biliary stents market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global biliary stents market is segmented on the basis of product, application, and end user. Based on products, the market is segmented as biliary plastic stents and biliary metal stents. On the basis of application, the market is segmented into malignant obstruction, benign biliary strictures, biliary leaks, and others. Based on end users, the global biliary stents market is segmented into hospitals, ambulatory surgical centers, and others.
REGIONAL FRAMEWORK
The report provides a detailed industry overview, including qualitative and quantitative information. It provides an overview and forecast of the global biliary stents market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South & Central America. The biliary stents market by each region is later sub-segmented by respective countries and segments. The report covers an analysis and forecast of 18 countries globally, along with current trends and opportunities prevailing in the region.
The report analyzes factors affecting the biliary stents market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South & Central America, after evaluating political, economic, social, and technological factors affecting the biliary stents market in these regions.
MARKET PLAYERS
The reports cover key developments in the biliary stents market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnerships & collaborations. These activities have paved the way for expansion of business and the customer base of market players. The market players from biliary stents market are anticipated to have lucrative growth opportunities in the future with the rising demand for biliary stents in the global market. Below mentioned is the list of few companies engaged in the biliary stents market.
The report also includes the profiles of key biliary stents market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information for the last three years, and key development in the past five years.
- Medtronic
- Terumo Corporation
- Olympus Corporation
- Cook Medical
- Abbott
- Boston Scientific Corporation
- Conmed Corporation
- BD
- Cordis
- Biosensors International Group, Ltd