Metal Non-Covered Biliary Stent Market, by Type (Adsorbable and Non-Adsorbable), by Application (Malignant Obstruction, Biliary Leaks, Benign Biliary Strictures, and Others), by End User (Hospitals, Clinics, and Ambulatory Surgical Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
A biliary stent is a metal or plastic tube inserted into a duct or lumen to keep the passage open. The metal biliary stent is a flexible metallic tube designed to hold the blocked bile duct open. These stents have numerous applications such as leaking of the bile duct, biliary strictures, and malignant biliary obstruction. In pancreatic cancer, the metal non-covered biliary stent has higher rate of tissue growths and lower risk for cholecystitis. Furthermore, these stents are non-removable and advantageous due to the increased diameter of the stent which reduces recurrent obstruction.
Market Dynamics
The growing geriatric population and high prevalence of biliary diseases is driving the growth of the global metal non-covered biliary stent market. For instance, as per the World Health Organization (WHO) statistics, the global geriatric population was 900 million in 2015 and is likely to reach 2 billion by the end of 2050. Furthermore, increasing research & development funding is expected to propel the market growth during the forecast period.
Technological advancements in the treatment of biliary disorders and the growing healthcare expenditure in emerging economies is estimated to fuel the market growth during the forecast period. Moreover, key players are involved in research & development, and commercialization of novel biliary stents. For instance in May 2015, Taewoong Medical developed KAFFES Biliary Stent System, which is used for the management of anastomotic strictures, and BUMPY Biliary Stents that are used for the management of pancreatic strictures and other protocols. However, high costs related to biliary stent insertion and availability of substitutes to metal non-covered biliary stents are expected to restrict the market growth during the forecast period.
Key features of the study:
This report provides in-depth analysis of the global metal non-covered biliary stent market, market size (US$ Mn), and compound annual growth rate (CAGR (%)) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains an attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by leading players
It profiles key players in the global metal non-covered biliary stent market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and strategies
Key players covered as a part of this study are C.R. Bard, AMG International, Boston Scientific, PNN Medical, Cook Medical, Taewoong Medical, Merit Medical, and Teleflex
Insights from this report would allow marketers and management authorities of companies to make informed decisions with respect to future product launches, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
The global metal non-covered biliary stent market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers in the metal non-covered biliary stent market, research and consulting firms, new entrants, and financial analysts.
Detailed Segmentation:
Global Metal Non-covered Biliary Stent Market, By Type:
Adsorbable
Non-adsorbable
Global Metal Non-covered Biliary Stent Market, By Application:
Malignant Obstruction
Biliary Leaks
Benign Biliary Strictures
Others
Global Metal Non-covered Biliary Stent Market, By End User:
Hospitals
Clinics
Ambulatory Surgical Centers
Global Metal Non-covered biliary stent Market, By Region:
North America
By Country:
U.S.
Canada
By Type:
Adsorbable
Non-adsorbable
By Application:
Malignant Obstruction
Biliary Leaks
Benign Biliary Strictures
Others
By End User:
Hospitals
Clinics
Ambulatory Surgical Centers
Europe
By Country:
U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe
By Type:
Adsorbable
Non-adsorbable
By Application:
Malignant Obstruction
Biliary Leaks
Benign Biliary Strictures
Others
By End User:
Hospitals
Clinics
Ambulatory Surgical Centers
Asia Pacific
By Country:
Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific
By Type:
Adsorbable
Non-adsorbable
By Application:
Malignant Obstruction
Biliary Leaks
Benign Biliary Strictures
Others
By End User:
Hospitals
Clinics
Ambulatory Surgical Centers
Latin America
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
By Type:
Adsorbable
Non-adsorbable
By Application:
Malignant Obstruction
Biliary Leaks
Benign Biliary Strictures
Others
By End User:
Hospitals
Clinics
Ambulatory Surgical Centers
Middle East
By Country:
GCC
Israel
Rest of Middle East
By Type:
Adsorbable
Non-adsorbable
By Application:
Malignant Obstruction
Biliary Leaks
Benign Biliary Strictures
Others
By End User:
Hospitals
Clinics
Ambulatory Surgical Centers
Africa
By Country/Region:
South Africa
Central Africa
North Africa
By Type:
Adsorbable
Non-adsorbable
By Application:
Malignant Obstruction
Biliary Leaks
Benign Biliary Strictures
Others
By End User:
Hospitals
Clinics
Ambulatory Surgical Centers
Company Profiles
C.R. Bard
Company Overview
Product Portfolio
Financial Performance
Recent Highlights
Strategies
AMG International
Boston Scientific
PNN Medical
Cook Medical
Taewoong Medical
Merit Medical
Teleflex
“*” marked represents similar segmentation in other categories in the respective section.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook