Albany, NY -- (SBWIRE) -- 11/07/2018 -- ResearchMoz.us recently announced the addition of a new research report, which sheds light on the global endoscopic stricture management devices market. The report has been compile using primary and secondary research methodologies to ensure accuracy of the information. The report, titled "Endoscopic Stricture Management Device Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026", is a comprehensive take on the many facets of the market that are expected to shape its future in the coming years.
The global endoscopic stricture management device market will be primarily driven by rise of geriatric population that are susceptible to gastrointestinal diseases. This trend will be predominantly seen in the developed parts of the world as they boast better healthcare infrastructure, supportive reimbursement policies, and continues investment in advancing healthcare facilities. Increasing access of endoscopic treatments and improved diagnostics are also projected to bode well for the market. The report also points out that the increased the life expectancy of the overall population has made a significant contribution toward demand for various kinds of medical interventions. In the coming years, the huge pool of geriatrics will be instrumental to the surge in demand for bariatric surgeries, colonoscopy, knee-hip implants, and gastrointestinal endoscopic procedures.
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In terms of product, the global endoscopy stricture management device market is segmented into stents, balloon dilators, and Bougie dilators. Analysts anticipate that the stents segment will lead the global market due to their indispensable usage gastroenterology. Remarkable advancements in stents is also expected to augment their sales in the coming years. From the end user point of view, the hospitals segment is expected to assume lead due to rise of endoscopic procedures.
Geographically, the global endoscopic stricture management device market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Out of these, North America endoscopic stricture management device market is expected to hold a lion's share in the market as the adoption of gastrointestinal dilation devices and stents remains high. The growing expenditure on healthcare is also projected to favor the regional market's growth in the coming years. Europe is expected to follow this lead as cancer cases and gastrointestinal diseases continue to be on the rise.
Some of the leading players operating in the global endoscopic stricture management device market are Boston Scientific, Cook Medical, Olympus Corporation, CONMED Corporation, Medi-globe, Hobbs Medical, PanMed US, Merit Medical Systems, Dickinson and Company, and Becton. The research report provides a detailed account of the competitive landscape present in the overall market. It offers a complete take on the business and marketing strategies, financial overview, and recent developments. Additionally, the publication also highlights the upcoming trends in the market and the lucrative business opportunities. The research report on the global endoscopic stricture management device market is aimed at giving the readers a well-informed outlook for making profitable business decisions.