Metal Non-Covered Biliary Stent Market 2027 - Coherent Market Insights

SEATTLE - Nov. 18, 2020 - PRLog -- The Global Metal Non-Covered Biliary Stent Market, by Type (Adsorbable and Non-Adsorbable), by Application (Malignant Obstruction, Biliary Leaks, Benign Biliary Strictures, and Others), by End User (Hospitals, Clinics, and Ambulatory Surgical Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is expected to be valued at US$ 326.3 million in 2020 and is estimated to exhibit a CAGR of 4.4% during the forecast period (2020-2027), as highlighted in a new report published by Coherent Market Insights.

For instance, in June 2018, Cook Medical and Taewoong Medical partnered to distribute the line of metal biliary stents in the U.S. This new partnership includes the Niti-S TTS Esophageal Stent, which is the flagship product of Taewoong's Niti-S Self-Expandable line of metal gastrointestinal (GI) stents. Cook Medical will also distribute Niti-S Biliary Stent in the U.S.

Covered Biliary Stent Market - Impact Analysis of COVID-19

The COVID-19 outbreak has affected the metal non-covered biliary stent market growth. The economic slowdown is creating challenges for the growth of this market. The demand for this product has been affected owing to different priorities set during the pandemic.

Browse 26 Market Data Tables and 28 Figures spread through 160 Pages and in-depth TOC on Global Metal Non-Covered Biliary Stent Market, By Type (Adsorbable and Non-Adsorbable), By Application (Malignant Obstruction, Biliary Leaks, Benign Biliary Strictures, and Others).

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Key Takeaways of the Global Metal Non-Covered Biliary Stent Market:

The global metal non-covered biliary stent market is expected to exhibit a CAGR of 4.4% during the forecast period (2020-2027) owing to acquisitions and collaborations by key industry players and development of novel products.

Among end user, the hospital segment is likely to account for majority of the revenue share by the end of 2027 owing to a well-established healthcare infrastructure, skilled medical professionals, and availability of advanced medical equipment. Moreover, there is higher preference for hospitals among patients.

Major players operating in the global metal non-covered biliary stent market are C.R. Bard, amg International, Boston Scientific, PNN Medical, Cook Medical, Taewoong Medical, Merit Medical, and Teleflex.

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