Global Gastrointestinal Stents Market Report and Forecast 2025-2034

Gastrointestinal Stents Market Overview

A gastrointestinal (GI) stent is an artificial vascular graft that is implanted to unblock the gullet, stomach, and small intestine. It is an expandable metal or plastic mesh tube that is installed within a body channel, like the bile ducts, oesophagus, or colon, or a blockage caused by cancerous tissues. Biliary and colonic stents are frequently used in practice, with other stents that are commonly employed being duodenal, oesophageal, and pancreatic stents.

Gastrointestinal Stents Market Growth Drivers

Rising Prevalence of Gastrointestinal Disorders Drives the Market Demand

The American Cancer Society estimates that around 152,810 (81,540 men and 71,270 women) new cases of colorectal cancer are expected to affect the United States population in 2024. Out of this, 106,590 cases will be colon cancer, and 46,220 cases will be diagnosed as rectal cancer, respectively. The rising prevalence of gastrointestinal diseases, like colon cancer, narrowing lining in the throat, and bowel irritation, accelerates the demand for gastrointestinal stents. These devices are very efficient in removing blockages in the tract by either expanding or moving them out of the way of the obstruction and, subsequently, creating comfortability for the patient.

Minimally Invasive Procedure Fuels the Market Growth

Minimally invasive methods like endoscopy or laparoscopy are commonly used for placing gastrointestinal stents. These processes provide advantages like decreased hospitalization periods, quicker healing durations, and lower illness rates in comparison to conventional open surgeries. The rising popularity of minimally invasive techniques is fueling the need for GI stents.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Gastrointestinal Stents Market Trends

Recent Developments in the Global Gastrointestinal Stents Market

In February 2023, Olympus Corporation acquired Taewoong Medical Co., Ltd. The acquisition was intended to expand Olympus's GI EndoTherapy product portfolio, boost R&D capabilities, and increase revenue.

In June 2022, Boston Scientific Corporation revealed a strategic partnership with Synergy Innovation Co., Ltd. to acquire a majority stake in M.I.Tech Co., Ltd. This manufacturer produces HANAROSTENT technology, offering flexible, non-vascular, self-expanding metal stents. This strategic decision enabled the company to incorporate advanced technologies into their operations, expand their clientele, and establish a competitive advantage over competitors.

Gastrointestinal Stents Market Segmentation

Gastrointestinal Stents Market Share

Market Segmentation Based on Products to Witness Substantial Growth

Based on the product, the global gastrointestinal stent market is segmented into the biliary stent, esophageal stent, colonic stent, pancreatic stent, and duodenal stent. The biliary stents are expected to dominate the market. These stents are important for treating problems that block the bile ducts, such as blockages caused by gallstones or pancreatic cancer. Biliary stents have a large popularity because they are useful in clearing these blockages. Moreover, there have been advancements in their fabrication and deployment.

Gastrointestinal Stents Market Analysis by Region

Based on the region, the market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The North American region is expected to dominate the market because of its sophisticated healthcare industry, increasing incidence of digestive-related disorders, and adoption of new technologies. There are many active researchers and leading companies that promote market development in the region. The rising geriatric population as well as growing awareness also contribute to the market share.

The Asia-Pacific market is anticipated to witness growth in the forecast period due to a greater expenditure on health, and improved infrastructure. Consumer awareness regarding the availability of non-invasive treatments, constant improvements and enhancements in technology, and the transition to higher-quality and personalized healthcare are contributing to the growth of the market.

Leading Players in the Gastrointestinal Stents Market

Other companies include TAEWOONG, Hobbs Medical, Inc., BD, Merit Medical System, Olympus, MICRO-TECH (Nanjing) Co., Ltd., ENDO-FLEX GmbH, CITEC, QualiMed, and Medivators Inc.

Kindly note that this only represents a partial list of companies, and the complete list has been in the report.

Key Questions Answered in the Gastrointestinal Stents Market

• What was the global gastrointestinal stents market value in 2023?
• What is the global gastrointestinal stents market forecast outlook for 2025-2034?
• What are the regional markets covered in the EMR report?
• What are the major factors aiding the global gastrointestinal stents market demand? 
• What are the market's major drivers, opportunities, and restraints? 
• Which regional market is expected to lead the market share in the forecast period? 
• Which country is expected to experience expedited growth during the forecast period? 
• What are the major global gastrointestinal stents market trends?
• How does the rise in the geriatric population impact the market size?
• Who are the key players involved in the gastrointestinal stents market?
• What are the current unmet needs and challenges in the market?
• How are partnerships, collaborations, mergers and acquisitions among the key market players shaping the market dynamics?
• What is the market segmentation based on the product?
• Which factors are driving the demand for biliary stents?
• What are the major benefits of using esophageal stents?
• What is the market breakup based on material?
• What are the potential benefits of biodegradable or drug-eluting stents? 
• What innovations are being seen in stainless steel stent designs?
• What is the market segmentation based on the application?
• What are the primary factors influencing the use of stents in colorectal cancer treatment?
• What is the market breakup based on end users?
• How are hospitals influencing the market dynamics for gastrointestinal stents?
• What is the market segmentation based on region?
• What is the current market share of gastrointestinal stents in North America? 
• What growth opportunities exist for gastrointestinal stents in the Asia Pacific region?