Gastrointestinal Devices Market Set for Rapid Growth And Trend by 2026

Gastrointestinal Devices Market Is Recurring &
Impressive Growth Generating Sector Through
2018-2026
Gastrointestinal Devices Market – Global Industry Insights, Trends, Outlook, and
Opportunity Analysis, 2018-2026
Gastrointestinal means pertaining to the intestines and stomach. A tract is a group of anatomic
structures or a sequence of associated body organs. Gastrointestinal disease refers to diseases that
involve gastrointestinal tract such as the stomach, esophagus, small intestine, rectum, and the large
intestine. It can also be related to other organs of digestion such as the liver, pancreas, and the
gallbladder. The GI or gastrointestinal tract (also known as GI tract, alimentary canal, digestive tract,
GIT, or gut) is the organ system within the human body as well as other animals which can take in
food, digest it and absorb essential nutrients and energy, and excretes the waste as urine and feces. All
bilaterians (animals having a bilateral symmetry) have a GI tract. Primarily, it is a tube that can transfer
food to various organs of digestion. In case of large bilaterians, the alimentary canal generally has an
exit, by which the animal is able to dispose of feces. However, some bilaterians that are small in size
have no exit or opening and they dispose of solid wastes by mouth or other means. Click To Read More
On Gastrointestinal Devices Market.
Gastrointestinal devices used to examine the internal lining of the GI tract are termed as gastrointestinal
devices. An infection or abnormality in the basic functioning of this gastrointestinal tract is identified
by gastrointestinal devices. The device is useful for detecting the root cause of many ailments
concerning the gastrointestinal tract, such as vomiting, abdominal bleeding, persistent pain, tumor, and
inflammation that affects the esophagus, stomach, and duodenum. In addition to detection,
gastrointestinal devices also help in treating these diseases. Gastroesophageal reflux disease, colon
cancer, ulcer, hemorrhoids, diverticulitis, Crohn’s disease, and bowel syndrome are some of the
examples GI disease. Higher prevalence of these diseases due to high consumption of fast food and
sedentary lifestyle are projected to drive growth of the overall gastrointestinal devices market.
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Gastrointestinal Devices Market Taxonomy
On the basis of product type, the global market is classified into:
•GI endoscopes
•GI instruments
•GI accessories
On the basis of end user, the global market is classified into:
•Diagnostic Centers
•Hospitals
•Ambulatory Surgical Centers
•Others
Increasing recognition of minimally-invasive procedures is projected to drive growth of the global
gastrointestinal devices market during the forecast period. Conventional open surgeries can lead to a
number of complications, which have forced the health centers to go for gastrointestinal devices
throughout the globe. For instance, conventional open surgeries may cause a variety of post-operation
complications such as blood clots, fatigue, pain, infections, and muscle atrophy. Some of the other
factors driving the rising acceptance of minimally invasive surgeries are lower risks (post operation),
lower cost and hospital stay, faster recovery period, and rapid results. These factors are projected to fuel
the overall growth of the gastrointestinal devices industry.
Increasing prevalence of gastroesophageal reflux disease and increase in colorectal cancer to
drive growth of the overall gastrointestinal devices market
According to a report published by Healthline in 2012, pregnant women and persons above the age of
40 years are at a higher risk of gastroesophageal disease. The report further states that 25% of pregnant
women experience symptoms of the disease, and it increases with time. Around 65% of patients who
suffer from acid refluxes are 40 years of age or older. The occurrence of gastroesophageal reflux
disease, especially in North America is growing at an alarming rate. This is mainly attributed to the
sedentary lifestyle and high consumption of fast food in the region. According to the American Cancer
Society, in 2017, colorectal cancer is expected to lead to 50,260 deaths in the U.S. Therefore, the
gastrointestinal devices market in this region is expected to grow at a significant rate over the forecast
period. Some of the companies operating in the gastrointestinal devices market in the current scenario
are Boston Scientific Corporation, Johnson & Johnson Ltd., Covidien Ltd., Fujinon Ltd., Stryker
Corporation, Conmed Corporation, Medtronic, Karl Storz, and Olympus Corporation.
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Gastrointestinal means pertaining to the intestines and stomach. A tract is a group of anatomic structures or a sequence of associated body organs.