Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
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.
Get FREE Sample PDF Including COVID-19 Impact Analysis: https://www.coherentmarketinsights.com/insight/request-pdf/4087
Players in the market are focused on research & development of technologically advanced biliary stents. Moreover, strategic collaborations and joint ventures among market players are expected favor the growth of the global metal non-covered biliary stent market.
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.
For instance, in October 2017, W.L. Gore & Associates Inc. launched the anti-migration assurance program. This program was announced for GORE VIABIL Short Wire Biliary Endoprosthesis, in which Gore provided a replacement device with identical dimensions for patients whose has moved out of place after the implantation. The GORE VIABIL is a metal biliary stent with high long-term patency and low migration.
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. Thus, availability of medical facilities for other chronic and acute diseases was inadequate. The market is however expected to recover in Q4 2020 with the situation getting relaxed.
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), By End User (Hospitals, Clinics, and Ambulatory Surgical Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Forecast to 2027”
To know the latest trends and insights related to Metal Non-Covered Biliary Stent Market Press Release, click the link below: https://www.coherentmarketinsights.com/press-release/metal-non-covered-biliary-stent-market-3343
Factors such as FDA approvals and the growing healthcare expenditure in the North America region are contributing to the growth of metal non-covered biliary stent market. For instance, in March 2019, BrightWater Medical Inc. received U.S. FDA approval for its ConvertX Biliary stents for biliary duct recurrent obstruction treatment. The company’s ConvertX is the first-ever system to provide an option of plastic percutaneous biliary to the interventional radiologists.
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.
Apply Promo Code “CMIFIRST1000” And Get Instant Discount Of USD 1000
Buy Now this Premium Report to Grow your Business @ https://www.coherentmarketinsights.com/insight/buy-now/4087
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
To know more about us, please visit our website – www.coherentmarketinsights.com
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027