Medical Equipment

Global Gastrointestinal Bleeding Treatment Devices Market Overview And Prospects

November 2, 2021 by The Business Research Company

Learn about the global gastrointestinal bleeding treatment devices market through The Business Research Company, which provides information on gastrointestinal bleeding treatment devices market size, gastrointestinal bleeding treatment devices market drivers and restraints, gastrointestinal bleeding treatment devices market players, the COVID-19 impact on the gastrointestinal bleeding treatment devices market, and more.

The global gastrointestinal bleeding treatment devices market is expected to grow from $682.30 million in 2020 to $722.37 million in 2021 at a compound annual growth rate (CAGR) of 5.9%. The growth in the gastrointestinal bleeding treatment devices market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The gastrointestinal bleeding treatment devices market is expected to reach $889.11 million in 2025 at a CAGR of 5.3%.

The rise in the incidences of upper gastrointestinal bleeding is expected to drive gastrointestinal bleeding treatment devices manufacturing, thus driving the market during the forecast period.

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The gastrointestinal bleeding treatment devices market consists of sales of gastrointestinal bleeding treatment devices and equipment for gastrointestinal bleeding. Gastrointestinal (GI) bleeding is a sign of an illness in which the gastrointestinal system bleeds. The bleeding could occur anywhere in the gastrointestinal system, including the large intestine, anus, esophagus, small intestine, rectum, and stomach. This GI bleeding can be caused by hemorrhoids, peptic ulcers, tears or inflammation in the esophagus, diverticulosis and diverticulitis, ulcerative colitis and Crohn’s disease, colonic polyps, or cancer in the colon, stomach, or esophagus.

Global gastrointestinal bleeding treatment devices market segments include:
By Product: Endoscopic Thermal Devices, Others
By GI Tract Division: Upper GI Tract, Lower GI Tract
By End User: Hospitals Or Clinics, Ambulatory Surgical Centers, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the gastrointestinal bleeding treatment devices market in 2020.

The increasing product approvals are the key trend gaining popularity in the gastrointestinal bleeding treatment devices market. Key players in the market are focusing on product approvals to maintain a comparative advantage over competitors in the industry.

TBRC’s gastrointestinal bleeding treatment devices market report covers:
Major Market Players: CONMED, Boston Scientific Corporation, US Medical Innovations, Ovesco Endoscopy AG, Olympus Corporation, Cook Medical, Erbe Elektromedizin GmbH, Steris Plc, and Pfizer Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Gastrointestinal Bleeding Treatment Devices Global Market Report 2021: COVID-19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides gastrointestinal bleeding treatment devices market overviews, analyzes and forecasts market size, share, gastrointestinal bleeding treatment devices market players, gastrointestinal bleeding treatment devices market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s gastrointestinal bleeding treatment devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:
Endoscopy Devices And Equipment Global Market Report 2021
Gastrointestinal Drugs Global Market Report 2021
Pharmaceutical Drugs Global Market Report 2021

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