Gastrointestinal Bleeding Treatment Market - 42% of Growth to Originate from North America |Driven by Favorable initiatives & Increasing Prevalence of Gastrointestinal Diseases

Read the 120-page report with TOC on “Gastrointestinal Bleeding Treatment Market Analysis Report by Product (Endoscopic mechanical devices, Endoscopic thermal devices, and Others) and Geography (North America, Europe, Asia, and Rest of World (ROW)), and the Segment Forecasts,2022-2026″. Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/report/report/gastrointestinal-bleeding-treatment-market-industry-analysis

Gastrointestinal Bleeding Treatment Market: Drivers & Challenges

The key factors driving the global gastrointestinal bleeding treatment market growth are the favorable initiatives and the increasing prevalence of gastrointestinal diseases. The increasing prevalence of esophageal, colorectal, gastric cancers and colon polyps will further augment the growth of the market. For instance, as per the CDC, about 3.5 million adults were screened for colorectal cancer in 2018. Similarly, awareness about GI bleeding increased among physicians and patients has increased over the last few years. In addition, various countries such as the US, Germany, and the UK have implemented screening initiatives. Moreover, governments, private institutions, and leading vendors have intensified their awareness campaigns for gastrointestinal diseases. For instance, Olympus, a key market vendor, has designated the month of March every year as Colon Cancer Awareness Month and organizes various awareness programs. Such factors will boost the market growth in the forecast period.

However, the key challenge to the global gastrointestinal bleeding treatment market growth is the high treatment costs. This makes market penetration difficult, especially in price-sensitive markets such as developing and emerging economies. Even in developed countries, small hospitals and private physician’s clinics may not opt for endoscopic kits due to budget constraints. Equipment maintenance is another factor that adds to the financial burden of end-users. Surgeons in developing and emerging countries are still reluctant to choose endoscopic surgeries owing to their high price. Advances in endoscopic procedures have increased the prices of endoscopic systems, making treatments unaffordable for most patients in developing economies. The high cost of the procedure and lack of reimbursement in developing economies will hamper the growth of the market during the forecast period.

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Some of the key Gastrointestinal Bleeding Treatment Players:

The gastrointestinal bleeding treatment market is fragmented and the vendors are deploying growth strategies such as investment in research and development (R and D) to compete in the market.

  • Boston Scientific Corp.
  • Conmed Corp.
  • Cook Group Inc.
  • EndoClot Plus Inc.
  • Erbe Elektromedizin GmbH
  • Mayo Foundation for Medical Education and Research
  • Medtronic Plc
  • Olympus Corp.
  • OVESCO ENDOSCOPY AG
  • STERIS Plc
  • University Hospitals

Gastrointestinal Bleeding Treatment Market: Segmentation Analysis

Product Outlook (Revenue, USD mn, 2021-2026)

  • Endoscopic mechanical devices – size and forecast 2021-2026
  • Endoscopic thermal devices – size and forecast 2021-2026
  • Others – size and forecast 2021-2026

Geography Outlook (Revenue, USD mn, 2021-2026)

  • North America – size and forecast 2021-2026
  • Europe – size and forecast 2021-2026
  • Asia – size and forecast 2021-2026
  • Rest of World (ROW) – size and forecast 2021-2026

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Gastrointestinal Bleeding Treatment Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.63%

Market growth 2022-2026

USD 188.19 million

Market structure

Fragmented

YoY growth (%)

3.73

Performing market contribution

North America at 42%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Boston Scientific Corp., Conmed Corp., Cook Group Inc., EndoClot Plus Inc., Erbe Elektromedizin GmbH, Mayo Foundation for Medical Education and Research, Medtronic Plc, Olympus Corp., OVESCO ENDOSCOPY AG, STERIS Plc, and University Hospitals

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Content

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis – Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 24: Chart on Product – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product – Market share 2021-2026 (%)
  • 5.2 Comparison by Product
    • Exhibit 26: Chart on Comparison by Product
    • Exhibit 27: Data Table on Comparison by Product
  • 5.3 Endoscopic mechanical devices – Market size and forecast 2021-2026
    • Exhibit 28: Chart on Endoscopic mechanical devices – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Endoscopic mechanical devices – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Endoscopic mechanical devices – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Endoscopic mechanical devices – Year-over-year growth 2021-2026 (%)
  • 5.4 Endoscopic thermal devices – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Endoscopic thermal devices – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Endoscopic thermal devices – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Endoscopic thermal devices – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Endoscopic thermal devices – Year-over-year growth 2021-2026 (%)
  • 5.5 Others – Market size and forecast 2021-2026
    • Exhibit 36: Chart on Others – Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Others – Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Others – Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Others – Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Product
    • Exhibit 40: Market opportunity by Product ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 North America – Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.4 Europe – Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.5 Asia – Market size and forecast 2021-2026
    • Exhibit 54: Chart on Asia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Asia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Asia – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Asia – Year-over-year growth 2021-2026 (%)
  • 7.6 Rest of World (ROW) – Market size and forecast 2021-2026
    • Exhibit 58: Chart on Rest of World (ROW) – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Rest of World (ROW) – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Rest of World (ROW) – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Rest of World (ROW) – Year-over-year growth 2021-2026 (%)
  • 7.7 US – Market size and forecast 2021-2026
    • Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.8 Germany – Market size and forecast 2021-2026
    • Exhibit 66: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.9 UK – Market size and forecast 2021-2026
    • Exhibit 70: Chart on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on UK – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on UK – Year-over-year growth 2021-2026 (%)
  • 7.10 China – Market size and forecast 2021-2026
    • Exhibit 74: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.11 Japan – Market size and forecast 2021-2026
    • Exhibit 78: Chart on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Japan – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Japan – Year-over-year growth 2021-2026 (%)
  • 7.12 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026

9 Vendor Landscape

  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Boston Scientific Corp.
    • Exhibit 89: Boston Scientific Corp. – Overview
    • Exhibit 90: Boston Scientific Corp. – Business segments
    • Exhibit 91: Boston Scientific Corp. – Key news
    • Exhibit 92: Boston Scientific Corp. – Key offerings
    • Exhibit 93: Boston Scientific Corp. – Segment focus
  • 10.4 Conmed Corp.
    • Exhibit 94: Conmed Corp. – Overview
    • Exhibit 95: Conmed Corp. – Business segments
    • Exhibit 96: Conmed Corp. – Key offerings
    • Exhibit 97: Conmed Corp. – Segment focus
  • 10.5 Cook Group Inc.
    • Exhibit 98: Cook Group Inc. – Overview
    • Exhibit 99: Cook Group Inc. – Product / Service
    • Exhibit 100: Cook Group Inc. – Key offerings
  • 10.6 Erbe Elektromedizin GmbH
    • Exhibit 101: Erbe Elektromedizin GmbH – Overview
    • Exhibit 102: Erbe Elektromedizin GmbH – Product / Service
    • Exhibit 103: Erbe Elektromedizin GmbH – Key offerings
  • 10.7 Mayo Foundation for Medical Education and Research
    • Exhibit 104: Mayo Foundation for Medical Education and Research – Overview
    • Exhibit 105: Mayo Foundation for Medical Education and Research – Product / Service
    • Exhibit 106: Mayo Foundation for Medical Education and Research – Key offerings
  • 10.8 Medtronic Plc
    • Exhibit 107: Medtronic Plc – Overview
    • Exhibit 108: Medtronic Plc – Business segments
    • Exhibit 109: Medtronic Plc – Key news
    • Exhibit 110: Medtronic Plc – Key offerings
    • Exhibit 111: Medtronic Plc – Segment focus
  • 10.9 Olympus Corp.
    • Exhibit 112: Olympus Corp. – Overview
    • Exhibit 113: Olympus Corp. – Business segments
    • Exhibit 114: Olympus Corp. – Key news
    • Exhibit 115: Olympus Corp. – Key offerings
    • Exhibit 116: Olympus Corp. – Segment focus
  • 10.10 OVESCO ENDOSCOPY AG
    • Exhibit 117: OVESCO ENDOSCOPY AG – Overview
    • Exhibit 118: OVESCO ENDOSCOPY AG – Product / Service
    • Exhibit 119: OVESCO ENDOSCOPY AG – Key offerings
  • 10.11 STERIS Plc
    • Exhibit 120: STERIS Plc – Overview
    • Exhibit 121: STERIS Plc – Business segments
    • Exhibit 122: STERIS Plc – Key news
    • Exhibit 123: STERIS Plc – Key offerings
    • Exhibit 124: STERIS Plc – Segment focus
  • 10.12 University Hospitals
    • Exhibit 125: University Hospitals – Overview
    • Exhibit 126: University Hospitals – Product / Service
    • Exhibit 127: University Hospitals – Key offerings

11 Appendix

  • 11.2 Inclusions and exclusions checklist
    • Exhibit 128: Inclusions checklist
    • Exhibit 129: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 130: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 131: Research methodology
    • Exhibit 132: Validation techniques employed for market sizing
    • Exhibit 133: Information sources
  • 11.5 List of abbreviations
    • Exhibit 134: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

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