GI Stents Market Revenue was valued at USD 2.5 Billion in 2024 and is estimated to reach USD 4.1 Billion by 2033, growing at a CAGR of 6.3% from 2026 to 2033.
The global GI stents market was valued at approximately USD 412.5 million in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 5.9% from 2023 to 2030. The growth is primarily driven by the increasing prevalence of gastrointestinal cancers, biliary tract diseases, and chronic pancreatitis, along with rising demand for minimally invasive procedures. Technological advancements in stent design and materials, such as drug eluting and biodegradable stents, are further propelling market demand. Additionally, the increasing geriatric population susceptible to GI disorders and the growing adoption of endoscopic interventions in both developed and developing nations are positively influencing market growth.
Regionally, North America dominated the GI stents market in 2022, accounting for over USD 145 million in revenue due to the high adoption of advanced medical technologies and a well established healthcare infrastructure. Europe followed with a strong share, driven by increasing cases of colorectal and esophageal cancers. The Asia Pacific region is expected to exhibit the highest CAGR during the forecast period, owing to rising healthcare expenditure, improving medical access, and growing awareness of endoscopic treatments in countries like China and India. Opportunities in the GI stents market are expanding with the emergence of next generation stents offering improved flexibility, reduced migration, and enhanced biocompatibility. Furthermore, market players are exploring untapped regions with unmet clinical needs, particularly in Latin America and the Middle East, to broaden the scope of minimally invasive GI treatments.
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Boston Scientific
Cook Medical
Olympus Medical Systems
ELLA-CS
s.r.o.
TaeWoong Medical
Hobbs Medical
Medtronic plc
ConMed
MICRO-TECH(NANJING)CO.
LTD
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global GI Stents Market
Metal Stents
Plastic Stents
Biodegradable Stents
Covered Stents
Stainless Steel
Polymer
Alloy
Bioabsorbable Materials
Esophageal Stenting
Gastric Stenting
Colon Stenting
Biliary Stenting
Pediatric Applications
Hospitals
Specialized Clinics
Ambulatory Surgical Centers
Home Healthcare Settings
Direct Sales
Distributors
Online Sales
Retail Pharmacies
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global GI Stents Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global GI Stents Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global GI Stents Market, By Type
6. Global GI Stents Market, By Application
7. Global GI Stents Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global GI Stents Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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