Global Biliary Stents Market - 2022-2029

Global Biliary Stents Market - 2022-2029

Market Overview

Biliary Stents Market size was valued at US$ XX million in 2021 and is estimated to reach US$ XX million by 2029, growing at a CAGR of 4.4% during the forecast period (2022-2029).

Biliary stents are small mesh-like tubes with no coating or covering. Biliary stents are used to treat obstructions present in the bile duct. Stents are usually inserted into the liver to treat hepatic blockage and obstructive hepatic diseases, like cholecystitis, jaundice, hepato-biliary diseases, and cholangitis.

Market Dynamics

The major driving forces are the increasing prevalence of biliary diseases, increase in demand for minimally invasive techniques, technological advancements, the rise in geriatric populations, an increase in awareness among the population and rising demand for bioresorbable stents.

The advancements and developments are pushing the market’s growth.

The rising advancements and developments in biliary stents drive the global biliary stent market growth. For instance, biliary stent technology has come a long way since its inception. There have been significant advancements in the materials used and design and deployment strategies. Options have expanded from plastic and metallic stents to a wider variety of materials and manufacturing technologies to offer several options to clinicians, including self-expandable metallic stents and bioresorbable stents. Bioresorbable biliary stents are still in the early stages of clinical adoption. Furthermore, the market developments happening are fueling the global market growth. For instance, on 09.07.21, QualiMed received CE mark approval for a dedicated percutaneous biodegradable metal alloy-based stent implant for biliary applications, the UNITY-B Percutaneous Balloon Expandable Biodegradable Biliary Stent (BEBS).

The postoperative complications are slowing the biliary stents market growth.

However, postoperative complications and stringent government regulations for approval are expected to restrain the market growth. The postoperative complications related to biliary stents are likely to hamper the market. For instance, according to the European Society of Gastrointestinal endoscopy, some complications include biliary infection, pancreatitis, bleeding, perforation, early stent migration, and renal failure.

Industry Analysis.

The Biliary Stents market report will provide an in-depth analysis of the market based on various industry factors such as porter`s five forces, research and developments, epidemiology, regulatory, pricing analysis, Etc.

Segment Analysis

The metal biliary stents are estimated to oppress the market during the forecast period (2022-2029).

Metal biliary stents dominated the global market in 2021 and are expected to have significant growth over the forecast period (2022-2029), owing to the increasing use of metal stents for treating biliary diseases. Metal stent gives longer stent patency as compared to plastic stents. Metal stents are available based on their expansion capacity, which may further lead to better customer adoption due to better benefits. The growing innovations in metal biliary stents will drive the metal biliary stents market growth in the forecast period. For instance, according to NIH, Metal stents are more cost-effective than plastic biliary stents if the patient’s remaining life expectancy is longer than 4-6 months. Therefore, uncovered metal stents are generally preferred over plastic ones for managing malignant biliary obstruction.

Geographical Analysis

North America is predicted to hold most of the market share.

The growing prevalence of pancreatic diseases in North America pushes the North American region to command the market during the forecast period (2022-2029). For instance, according to the National Institute of Health, chronic pancreatitis occurs in about 42 to 73 per 100,000 of the population in the United States. It is considered the most common pancreatic disorder associated with pancreatic insufficiency. Moreover, according to the American Cancer Society, about 62,210 people (32,970 men and 29,240 women) will be diagnosed with pancreatic cancer, and about 49,830 people (25,970 men and 23,860 women) will die of pancreatic cancer. In addition, North America has the most advanced and robust healthcare infrastructure and better healthcare cost reimbursement policies, contributing to the dominance of North America over the global biliary stents market.

Competitive Landscape

The major global biliary stents market players are Boston Scientific Corporation, Brainlab, Q3 Medical Devices Limited, Medtronic, Abbott, Allium Medical Solutions, Aohua Endoscopy Co., Ltd, Changzhou Health Microport Medical Devices, W. L. Gore & Associates, Inc., and Cook Medical. The key players are adopting various strategies such as product launches, mergers & acquisitions, partnerships, and collaborations, contributing to the growth of the biliary stents market globally. For instance, on AUG 30, 2022, Medtronic acquired Affera.

Medtronic, Plc

Overview

Medtronic plc is Ireland based American medical device company. Medtronic was founded in 1949 and is headquartered in Minneapolis, Minnesota, United States. Medtronics deals with four different businesses: the Minimally Invasive Therapies Group, the Diabetes Group, the Restorative Therapies Group, and the Cardiac and Vascular Group.

Product Portfolio

Medtronic plc `s product portfolio for Biliary Stents has EverFlex, Protégé, Visi-Pro etc.

The biliary stents market report would provide access to approximately 40+ market data tables, 45+ figures, and in the range of 200 (approximate) pages.


1. Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Market Definition and Overview
3. Executive Summary
4. Market Dynamics
4.1. Market Impacting Factors
4.1.1. Drivers
4.1.1.1. Research and Development
4.1.1.2. Market Strategies
4.1.2. Restraints
4.1.2.1. Postoperative Complications
4.1.2.2. Stringent Regulatory Bodies
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Industry Analysis
5.1. Porter's Five Forces Analysis
5.2. Epidemiological Analysis
5.3. Research and Developments
5.4. Pipeline Analysis
5.5. Supply Chain Analysis
5.6. Regulatory Analysis
6. COVID-19 Analysis
6.1. Analysis of Covid-19 on the Market
6.1.1. Before COVID-19 Market Scenario
6.1.2. Present COVID-19 Market Scenario
6.1.3. After COVID-19 or Future Scenario
6.2. Pricing Dynamics Amid Covid-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturer’s Strategic Initiatives
6.6. Conclusion
7. By Application
7.1. Introduction
7.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application Segment
7.1.2. Market Attractiveness Index, By Application Segment
7.2. Gall Stones
7.2.1. Introduction
7.2.2. Market Size Analysis, US$ Million, 2021-2029 and Y-o-Y Growth Analysis (%), 2021-2029
7.3. Biliary Leaks
7.4. Tumor
7.5. Others
8. By Type
8.1. Introduction
8.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Distribution Channels Segment.
8.1.2. Market Attractiveness Index, By Distribution Channels Segment
8.2. Metal Stents
8.3.1. Introduction
8.3.2. Market Size Analysis, US$ Million, 2021-2029 and Y-o-Y Growth Analysis (%), 2021-2029
8.4. Plastic Stents
9. By End-User
9.1. Introduction
9.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-User Segment
9.1.2. Market Attractiveness Index, By End-User Segment
9.2. Hospitals
9.2.1. Introduction
9.2.2. Market Size Analysis, US$ Million, 2021-2029 and Y-o-Y Growth Analysis (%), 2021-2029
9.3. Ambulatory Surgical Centers
9.4. Others
10. By Region
10.1. Introduction
10.1.1. Market Size Analysis, US$ Million, 2021-2029 and Y-o-Y Growth Analysis (%), 2021-2029, By Region
10.1.2. Market Attractiveness Index, By Region
10.2. North America
10.2.1. Introduction
10.2.2. Key Region-Specific Dynamics
10.2.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
10.2.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
10.2.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
10.2.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
10.2.6.1. The U.S.
10.2.6.2. Canada
10.2.6.3. Mexico
10.3. Europe
10.3.1. Introduction
10.3.2. Key Region-Specific Dynamics
10.3.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
10.3.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
10.3.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
10.3.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
10.3.6.1. Germany
10.3.6.2. The U.K.
10.3.6.3. France
10.3.6.4. Italy
10.3.6.5. Spain
10.3.6.6. Rest of Europe
10.4. South America
10.4.1. Introduction
10.4.2. Key Region-Specific Dynamics
10.4.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
10.4.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
10.4.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
10.4.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
10.4.6.1. Brazil
10.4.6.2. Argentina
10.4.6.3. Rest of South America
10.5. Asia Pacific
10.5.1. Introduction
10.5.2. Key Region-Specific Dynamics
10.5.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
10.5.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
10.5.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
10.5.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
10.5.6.1. China
10.5.6.2. India
10.5.6.3. Japan
10.5.6.4. Australia
10.5.6.5. Rest of Asia Pacific
10.6. Middle East and Africa
10.6.1. Introduction
10.6.2. Key Region-Specific Dynamics
10.6.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
10.6.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
10.6.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
11. Competitive Landscape
11.1. Key Developments and Strategies
11.2. Company Share Analysis
11.3. Product Benchmarking
12. Company Profiles
12.1. Medtronic
12.1.1. Company Overview
12.1.2. Product Portfolio and Description
12.1.3. Key Highlights
12.1.4. Financial Overview
12.2. Boston Scientific Corporation
12.3. Brainlab
12.4. Q3 Medical Devices Limited
12.5. Abbott
12.6. Allium Medical Solutions
12.7. Aohua Endoscopy Co., Ltd
12.8. Changzhou Health Microport Medical Devices
12.9. W. L. Gore & Associates, Inc.
12.10. Cook Medical
LIST NOT EXHAUSTIVE
13. DataM
13.1. Appendix
13.2. About Us and Services
13.3. Contact

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