Pancreatic and Biliary Stents Market: Biodegradable Stents Gain Popularity as Companies Roll out Pro

Published: Mon Jul 15 2019

Biliary and pancreatic stents have been used to establish patency of a pancreatic duct or obstructed bile. Stents are also used for the treatment of pancreatic and biliary leaks or to prevent post- endoscopic retrograde cholangiopancreatography (ERCP) pancreatitis. Metal stents have an edge over plastic stents for it is wider and have the capability of expanding. As such, it metal stents underpin chemotherapy to work more efficaciously. These actionable insights are according to the intelligence report, titled, "Global Market Study on Pancreatic and Biliary Stents: Wide Availability of Advanced, Self-expandable, & Fully Covered Stents Assisting Growth," which has been freshly added to Market Research Hub’s (MRH) ever-expanding armamentarium. Several studies have revealed that endoscopically-placed, drug-eluting SEMs have the tendency to enhance stent patency and survival in cholangiocarcinoma. Moreover, in vivo and in vitro studies have led to the determination of optimal drugs and drug delivery system. Further, biodegradable stents, that most likely do not need removal, have gained popularity. Pertinent companies are coming up with innovative products to bolster its market position. For example, AMG International GmbH got the European CE mark approval pertaining to ARCHIMEDES biodegradable biliary and pancreatic stents in January 2019. Besides, several companies are rolling out pancreatic and biliary stents with extra features. For instance, W.L. Gore & Associates Inc. rolled out VIABIL Short Wire Biliary End prosthesis with an antimigration technology that lowers the preoperative procedure.

Soaring demand for stenting procedure and re-stenting procedure in acute pancreatitis is expected to fare well for the development of fully covered pancreatic and biliary stents (FCSEMS) that are used for draining excessive secretions from liver and pancreas.

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Pancreatic and Biliary Stents Market: Report Content

Qualitative and quantitative analysis underpin insightful report on the pancreatic and biliary stents market. Nevertheless, the report comprehensively elucidates facets of the market that are expected to have palpable impact on the growth of the pancreatic and biliary stents market. Those facets include drivers, restraints, opportunities and trends. Further, the report delineates segmentation of the market which aims at offering a thorough analysis on pancreatic and biliary stents.

A deep-dive and insightful analysis of the competitive landscape of the pancreatic and biliary stents market counts on Porters’ Five Force Analysis. Furthermore, the Porters’ Five Force Analysis provides an exhaustive analysis on the likely strategies of the leading players in the pancreatic and biliary stents market. Moreover, the business strategies hinges upon product portfolio, company overview, SWOT analysis, recent development and key differentiation.

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Pancreatic and Biliary Stents Market: Research Methodology

Primary research and secondary research accentuate insightful report on pancreatic and biliary stents market, which provide in-depth assessment on the market. Accordingly, the report offers unbiased and reliable projections, and analysis that have considerable bearing on the historical data and market size. In addition, the report is based on primary sources which is propelled by in-depth and intelligent analysis from telephonic interview, well-ground experts, and exhaustive insights from seasoned analyst and surveys. On the other hand, the secondary sources hugely depends on press release, Factiva, trade journals, EC filing, governmental websites and resourceful database.

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