A biliary stent is a metal or plastic tube that is inserted into a duct or lumen to keep the passage open. The metal biliary stent is a flexible metallic tube that is 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 increased diameter of the stent that reduces recurrent obstruction. Stents are used to relieve symptoms of bile duct cancer. Bile duct cancer can grow and block bile duct. Endoscopic retrograde cholangiopancreatography (ERCP) is the procedure that is used to place the stent. ERCP is also used to diagnose bile duct cancer. The biliary stent endoscopic is inserted post-surgery for unblocking the bile duct, and to make sure it remains operative and inflated. The biliary stent can be made of inert substances like metal or plastic that are less likely to cause the body to mount an immunological response.
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. Technological advancements in the treatment of biliary disorders and growing healthcare expenditure in emerging economies is estimated to drive the market growth during the forecast period. Moreover, key players are focused in research & development, and commercialization of novel biliary stents. For instance, in October 2020, Olympus, a global technology leader in designing and delivering innovative solutions for medical and surgical procedures, among other core businesses, announced the launch of its StoneMasterV and VorticCatchV EndoTherapy devices that increases efficiency in bile duct stone management and retrieval for endoscopic retrograde cholangiopancreatography (ERCP).
Key features of the study:
- This report provides in-depth analysis of the global metal non-covered biliary stent market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices 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 key players
- It profiles key players in the global metal non-covered biliary stent market based on the following parameters–company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study are AMG International, BD (Becton Dickinson and Company), Boston Scientific Corporation or its affiliates, Cook, Merit Medical Systems, Pnn Medical A/S, TAEWOONG, Teleflex Incorporated, CONMED Corporation, Olympus Corporation, and Abbott
- Insights from this report will allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global metal non-covered biliary stent market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global metal non-covered biliary stent market
Detailed Segmentation:
- Global Metal Non-covered Biliary Stent Market, By Type:
- Absorbable
- Non-absorbable
- 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
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- South Africa
- Central Africa
- North Africa
- Company Profiles
- AMG International
- BD (Becton Dickinson and Company)
- Boston Scientific Corporation or its affiliates
- Cook
- Merit Medical Systems
- Pnn Medical A/S
- TAEWOONG
- Teleflex Incorporated
- CONMED Corporation
- Olympus Corporation
- Abbott