Pancreatic and Biliary Stents Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033

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Pancreatic and Biliary Stents Market Report Overview

The pancreatic and biliary stents market size was $779.4 million in 2023 and is expected to grow at a CAGR of more than 3% during 2023-2033. The pancreatic and biliary stents are thin, tube-like structures that could be inserted into the bile/pancreatic/hepatic ducts to relieve narrowing of the ducts, this condition is known as biliary structure. The pancreatic and biliary stent is used to support a narrowed part of the duct and prevent the reformation of the stricture.

Pancreatic and Biliary Stents Market Outlook 2023-2023 ($ Million)

Pancreatic and Biliary Stents Market Outlook 2023-2023 ($ Million)

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The pancreatic and biliary stents market research report explains the market behavior, which will help identify quantitative market trends within the general surgery devices therapeutic area. The model discusses in detail the impact of COVID-19 on the pancreatic and biliary stents market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies.

Market Size (2023) $779.4 Million
CAGR (2023-2033) >3%
Historic Period 2015-2022
Forecast Period 2023-2033
Key Segments ·        Metal Stents

·        Plastic Stents

Key Regions
  • Asia-Pacific
  • Europe
  • Middle East and Africa
  • North America
  • South and Central America
Key Companies
  • Boston Scientific Corp
  • CR Bard Inc
  • Cordis Corp
  • ConMed Corp
  • Cook Medical Inc
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Pancreatic and Biliary Stents Market Dynamics

The primary factor driving the pancreatic and biliary stents market growth is the increasing number of  Endoscopic Retrograde Cholangio-Pancreatography (ERCP) and Percutaneous transhepatic cholangiography (PTC) procedures, which require stent placement and recurrent stenting. In recent years, there has been an upsurge in the demand for ERCP procedures that includes stenting for conditions with biliary obstruction. Conditions causing biliary obstruction are gallstones, biliary stricture, pancreatitis, inflammation of bile ducts, cysts, trauma, infection including hepatitis, cirrhosis, severe liver damage among others.

Furthermore, the technological advancement in stent designs is expected to positively influence the growth of the pancreatic and biliary stents market during the forecast period.

Pancreatic and Biliary Stents Market Segments

The key segments in the pancreatic and biliary stents market are metal stents and plastic stents. In 2023, the metal stents segment accounted for the highest market share. The use of metal stents has increased, especially in the palliative treatment of biliary strictures produced by malignant neoplasms. Improved patient outcomes by using these SEMS, increased patency time, and reduced chances of recurrent stenting are a few critical factors contributing to the metal stents segment growth.

Pancreatic and Biliary Stents Market Analysis by Segments, 2023 (%)

Pancreatic and Biliary Stents Market Analysis by Segments, 2023 (%)

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Pancreatic and Biliary Stents Market Segmentation by Regions

The key regions in the pancreatic and biliary stents market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, North America accounted for the highest share of the pancreatic and biliary stents market. The US undoubtedly is the largest contributor to the regional market.

GlobalData expects the North American pancreatic and biliary stents market to grow during the forecast period owing to the rising use of endoscopic stents. Primary factors boosting the use of endoscopic metal stents are developments in endoscopic applications and the feasibility of diagnostic and therapeutic interventions.

Pancreatic and Biliary Stents Market Analysis by Regions, 2023 (%)

Pancreatic and Biliary Stents Market Analysis by Regions, 2023 (%)

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Pancreatic and Biliary Stents Market – Competitive Landscape

The key companies in the pancreatic and biliary stents market are Boston Scientific Corp, CR Bard Inc., Cordis Corp, ConMed Corp, and Cook Medical Inc. among others. In 2023, Boston Scientific Corp accounted for the highest revenue share of the pancreatic and biliary stents market.

Pancreatic and Biliary Stents Market Analysis by Companies, 2023 (%)

Pancreatic and Biliary Stents Market Analysis by Companies, 2023 (%)

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Segments Covered in this Report

Pancreatic and Biliary Stents Segment Outlook ($ Million, 2015-2033)

  • Metal stents
  • Plastic stents

Pancreatic and Biliary Stents Regional Outlook ($ Million, 2015-2033)

  • Asia-Pacific
  • Europe
  • Middle East and Africa
  • North America
  • South and Central America

Key Inclusions of the market model are –

Currently marketed pancreatic and biliary stents market and evolving competitive landscape:

  • Insightful review of the key industry trends.
  • Annualized total Pancreatic and biliary stents market revenue by segment and market outlooks from 2015-2033.
  • Market-level data on units, average selling prices, and market values.

Global, Regional, and Country level market specific insights.

  • Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
  • SWOT analysis for the Pancreatic and biliary stents market.
  • Competitive dynamics insights and trends provided for the Pancreatic and biliary stents market.

Understand the market by getting the veritable big picture, including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.

  • Country-specific overview of the healthcare system.
  • Country-specific reimbursement policies.
  • Country-specific medtech regulatory landscape.

Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.

Companies covered: Boston Scientific Corp, Becton Dickinson and Co, Hellman & Friedman LLC, ConMed Corp, Cook Group Inc, Hobbs Medical Inc, Medtronic Plc, Olympus Corp, W. L. Gore & Associates Inc, and Others.

Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.

Scope

This market model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for

  • CMO executives who must have a deep understanding of the Pancreatic and biliary stents marketplace to make strategic planning and investment decisions.
  • Sourcing and procurement executives must understand crucial components of the supply base to make decisions about supplier selection and management.
  • Private equity investors who need a deeper understanding of the market to identify and value potential investment targets.

Reasons to Buy

  • Understand the impact of COVID-19 on Pancreatic and biliary stents.
  • Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
  • Develop business strategies by understanding the trends shaping and driving Pancreatic and biliary stents.
  • Generate revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Pancreatic and biliary stents market in the future.
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
  • Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
  • Track sales in the global and country-specific Pancreatic and biliary stents market from 2015-2033.
  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.

Boston Scientific Corp
CR Bard Inc
Cordis Corp
ConMed Corp
Cook Medical Inc
Hobbs Medical Inc
Medtronic Plc
Olympus Corp
W. L. Gore & Associates Inc
Others

Frequently asked questions

Pancreatic and Biliary Stents Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033 thematic reports
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