(PharmaNewsWire.Com, January 04, 2017 ) Gastrointestinal Stents Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Gastrointestinal Stents globally.
The Gastrointestinal Stents Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Gastrointestinal Stents Market:
BD Boston Scientific ELLA-CS Cook Medical Medtronic TaeWoong Medical
Other Prominent Vendors of Gastrointestinal Stents Market Are:
BVM Medical ConMed EndoChoice Hobbs Medical Merit Medical Systems
“The advances in materials, design, and technology for stents have enabled the introduction of specially designed stents, which are used for specific conditions. The recent materials used in the development of non-vascular stents such as gastrointestinal stents are poly lactic acid-glycolic acid, polycaprolactone, and poly acryl amine. These biodegradable materials have advantages such as the elimination of stent removal and biocompatibility. The use of self-expandable metal stents for treating perforations and anastomotic leaks seems to be promising for SEMSs, which began their evolution with plastic. These may soon evolve into biodegradable stents.”
According to the Gastrointestinal Stents Market report, gerontology diseases disproportionately affect the aging population, with prominent gastrointestinal disorders such as diverticulosis, bowel diseases, gastrointestinal malignancies, and urinary and fecal related problems. The changes in lifestyle like the increase in unhealthy diet and physical inactivity will result in raised blood pressure, blood glucose, lipids, and obesity. In the past few years, there has been a rise in morbidity and mortality from chronic diseases such as esophageal cancer, colorectal cancer, rectal cancer, and gastrointestinal related critical disorders.
Report also presents Geographical Segmentation analysis of Gastrointestinal Stents Market of Americas, APAC, EMEA region.
Further, the Gastrointestinal Stents Market report states that the gastrointestinal devices are classified as class III devices and are subjected to high risk, and regulatory authorities have enforced a stringent regulatory framework and labeling requirement for medical devices. Medical devices are always considered high risk and undergo safety examination to demonstrate medical efficacy before they are granted approval. The FDA prevents unsafe and ineffective devices from entering or remaining in the market. As a result, a huge proportion of the devices in the market do not yet have FDA approval but are still in the process of attaining it. It may take several years for the devices to satisfy the requirements of the regulatory agencies. Failure to follow such laws and regulations can have an adverse effect on the growth of the market. These approvals are time-consuming. Some devices undergo rigorous clinical testing before their approval and require pre-market approval (PMA), and sometimes an extensive agency review process is followed for particular devices.
Key questions answered in Gastrointestinal Stents market report:
What will the Gastrointestinal Stents market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving Gastrointestinal Stents market? What are the challenges to Gastrointestinal Stents market growth? Who are the key vendors in Gastrointestinal Stents market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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