Global Endoscopic Stricture Management Devices Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Balloon Dilators, Stents and Bougie Dilators.

By Application;

Esophageal, Colonic, Pyloric, Biliary and Others.

By End Users;

Hospitals, Ambulatory Surgical Centers and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn508722490 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Endoscopic Stricture Management Devices Market (USD Million), 2020 - 2030

In the year 2023, the Global Endoscopic Stricture Management Devices Market was valued at USD 3,533.87 million. The size of this market is expected to increase to USD 4,713.29 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 4.2%.

Endoscopic stricture management devices are instrumental in the treatment of strictures, which are abnormal narrowing or tightening of a passage in the body, commonly occurring in the gastrointestinal tract. These devices play a crucial role in restoring luminal patency, alleviating symptoms, and improving the quality of life for patients suffering from strictures caused by various underlying conditions such as inflammatory bowel disease, gastrointestinal cancers, and benign fibrotic disorders.

The growing preference for endoscopic interventions over traditional surgical approaches, owing to their reduced invasiveness, shorter recovery times, and lower risk of complications, is driving the demand for advanced stricture management devices. Endoscopic techniques, including balloon dilation, stent placement, and incisional therapy, have become integral components of the treatment algorithm for gastrointestinal strictures. There is a growing need for innovative endoscopic devices designed to optimize procedural outcomes, enhance patient safety, and minimize the risk of complications associated with stricture management procedures.

Technological advancements in endoscopic imaging, navigation, and therapeutic modalities have further propelled the evolution of endoscopic stricture management devices. The integration of advanced imaging technologies, such as high-definition endoscopy, narrow-band imaging, and confocal laser endomicroscopy, enables precise visualization of strictures and facilitates targeted interventions. The development of specialized devices, such as fully covered self-expanding metal stents (FCSEMS), biodegradable stents, and through-the-scope balloon dilation systems, offers tailored solutions for diverse stricture etiologies and anatomical locations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By End Users
    4. Market Snapshot, By Region
  4. Global Endoscopic Stricture Management Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Prevalence of Gastrointestinal Disorders

        2. Increasing Aging Population

        3. Technological Advancements in Endoscopy

      2. Restraints
        1. High Cost of Endoscopic Procedures

        2. Limited Reimbursement Policies

        3. Technical Complexity and Training Requirements

      3. Opportunities
        1. Growing Prevalence of Gastrointestinal Disorders

        2. Shift Towards Minimally Invasive Procedures

        3. Increasing Awareness and Accessibility

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Endoscopic Stricture Management Devices Market, By Product, 2022 - 2032 (USD Million)
      1. Balloon Dilators

      2. Stents

      3. Bougie Dilators

    2. Global Endoscopic Stricture Management Devices Market, By Application, 2022 - 2032 (USD Million)
      1. Esophageal

      2. Colonic

      3. Pyloric

      4. Biliary

      5. Others

    3. Global Endoscopic Stricture Management Devices Market, By End Users, 2022 - 2032 (USD Million)
      1. Hospitals

      2. Ambulatory Surgical Centers

      3. Others

    4. Global Endoscopic Stricture Management Devices Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Boston Scientific Corporation
      2. Olympus Corporation
      3. Cook
      4. CONMED Corporation
      5. Hobbs Medical, Inc.
      6. Medi-Globe GmbH
      7. PanMed Us
      8. Merit Medical Systems
      9. Becton, Dickinson and Company
  7. Analyst Views
  8. Future Outlook of the Market

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