Gastrointestinal Bleeding Treatment Market Analysis - Industry Report - Trends, Size & Share (2023)

Gastrointestinal Bleeding Treatment Industry Overview

Study Period:	2018 - 2028
Fastest Growing Market:	Asia Pacific
Largest Market:	North America
CAGR:	4.0 %
Major Players *Disclaimer: Major Players sorted in no particular order

Gastrointestinal Bleeding Treatment Market Analysis

Gastrointestinal Bleeding refers to blood loss that occurs within the digestive organs. High prevalence of upper gastrointestinal bleeding, rise in applications of endoscopic hemostasis, and growing geriatric population are the main factors that are boosting the growth of the gastrointestinal bleeding treatment market. According to the World Health Organization (WHO), between 2015 and 2050, the proportion of the world's population over 60 years will nearly double from 12% to 22%. The increase in the number of geriatrics leads to consequences, such as a greater incidence of life-threatening diseases which sometimes related to gastrointestinal bleeding, further requiring treatment from hospitals. This boost the growth of the studied market.

However, the dearth of skilled labor is expected to restrain the growth of the global market in the forecast period.

Gastrointestinal Bleeding Treatment Industry Segments

As per the scope of the report, Gastrointestinal Bleeding refers to any form of hemorrhage or blood loss that occurs within the digestive organs like esophagus, stomach, small intestine including the duodenum, rectum, etc. It includes all forms of bleeding of gastrointestinal tract, from the mouth to the rectum.

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Gastrointestinal Bleeding Treatment Market Trends

This section covers the major market trends shaping the Gastrointestinal Bleeding Treatment Market according to our research experts:

Upper GI Tract Segment is Expected to Register a Good Growth Over the Forecast Period

By GI tract division, the market has been segmented into Upper GI Tract, and Lower GI Tract. The upper GI tract accounted for major share in the gastrointestinal bleeding treatment market and this trend is likely to continue during the forecast period. A peptic ulcer is one of the most common causes of upper GI tract bleeding and is known to have increased prevalence owing to an increase in H. pylori infection. Irrespective of any region, the peptic ulcer cases are quite common because of unhealthy diet habits by many people. As per a recent article of 2019, published in Medscape, peptic ulcerdisease affects approximately 4.6 million people annually in the United States with an estimated 10% of the US population having evidence of aduodenal ulcerat some time. Other conditions also include esophageal varices, gastritis, and cancer of the esophagus or stomach. In addition, the growing geriatric population and rise in applications of endoscopic hemostasis also contribute to the growth of the demand for treatments related to upper gastrointestinal bleedings.

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North America is Expected to lead the Gastrointestinal Bleeding Treatment Market

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Gastrointestinal Bleeding Treatment Market Competitor Analysis

The major players in the gastrointestinal bleeding treatment market include Boston Scientific Corporation, CONMED Corporation, Cook Group, ERBE Elektromedizin GmbH, Olympus Corporation, Ovesco Endoscopy AG, STERIS PLC and US Medical Innovations are providing these products across the globe.

Gastrointestinal Bleeding Treatment Market Top Players

1. Boston Scientific Corporation

2. CONMED Corporation

3. Cook Group

4. ERBE Elektromedizin GmbH

5. Ovesco Endoscopy AG

*Disclaimer: Major Players sorted in no particular order

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See Also

Gastrointestinal Bleeding Treatment Market Size, Analysis & ForecastGastrointestinal Bleeding Treatment Market: Surge in Adoption of Endoscopic Hemostasis as the Primary Line of Treatment to Drive the Market | BioSpaceGastrointestinal Bleeding Treatment Market

Gastrointestinal Bleeding Treatment Market Report - Table of Contents

1. 1. INTRODUCTION

   1. 1.1 Study Deliverables

   2. 1.2 Study Assumptions

   3. 1.3 Scope of the Study

2. 2. RESEARCH METHODOLOGY

3. 3. EXECUTIVE SUMMARY

4. 4. MARKET DYNAMICS

   1. 4.1 Market Overview

   2. 4.2 Market Drivers

      1. 4.2.1 Growing Burden of upper gastrointestinal bleeding

      2. 4.2.2 Technology Advancement Related to Gastrointestinal Diseases Treatment

   3. 4.3 Market Restraints

      1. 4.3.1 Dearth of Skilled Labor

   4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

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      5. 4.4.5 Intensity of Competitive Rivalry

5. 5. MARKET SEGMENTATION

   1. 5.1 By Product

      1. 5.1.1 Endoscopic Mechanical Devices

      2. 5.1.2 Endoscopic Thermal Devices

      3. 5.1.3 Others

   2. 5.2 By GI Tract Division

      1. 5.2.1 Upper GI Tract

      2. 5.2.2 Lower GI Tract

   3. 5.3 By End User

      1. 5.3.1 Hospitals/Clinics

      2. 5.3.2 Ambulatory Surgical Centres

      3. 5.3.3 Others

   4. 5.4 Geography

      1. 5.4.1 North America

         1. 5.4.1.1 United States

         2. 5.4.1.2 Canada

         3. 5.4.1.3 Mexico

      2. 5.4.2 Europe

         1. 5.4.2.1 Germany

         2. 5.4.2.2 United Kingdom

         3. 5.4.2.3 France

         4. 5.4.2.4 Italy

         5. 5.4.2.5 Spain

         6. 5.4.2.6 Rest of Europe

      3. 5.4.3 Asia-Pacific

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         1. 5.4.3.1 China

         2. 5.4.3.2 Japan

         3. 5.4.3.3 India

         4. 5.4.3.4 Australia

         5. 5.4.3.5 South Korea

         6. 5.4.3.6 Rest of Asia-Pacific

      4. 5.4.4 Middle-East and Africa

         1. 5.4.4.1 GCC

         2. 5.4.4.2 South Africa

         3. 5.4.4.3 Rest of Middle-East and Africa

      5. 5.4.5 South America

         1. 5.4.5.1 Brazil

         2. 5.4.5.2 Argentina

         3. 5.4.5.3 Rest of South America

6. 6. COMPETITIVE LANDSCAPE

   1. 6.1 Company Profiles

      1. 6.1.1 Boston Scientific Corporation

      2. 6.1.2 CONMED Corporation

      3. 6.1.3 Cook Group

      4. 6.1.4 ERBE Elektromedizin GmbH

      5. 6.1.5 Olympus Corporation

      6. 6.1.6 Ovesco Endoscopy AG

      7. 6.1.7 STERIS PLC

      8. 6.1.8 US Medical Innovations

   *List Not Exhaustive

7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

   (Video) 'Bloomberg Surveillance Simulcast' (03/14/2023)

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Gastrointestinal Bleeding Treatment Industry Reports

In-depth industry statistics and market share insights of the Gastrointestinal Bleeding Treatment Market sector for 2020, 2021, and 2022. The Gastrointestinal Bleeding Treatment Market research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Available to download is a free sample file of the Gastrointestinal Bleeding Treatment Market report PDF.

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