ALBANY, N.Y, Oct. 15, 2020
- Upper GI tract segment and hospitals end-user segment are anticipated to contribute significantly to growth in gastrointestinal bleeding treatment market from 2018 to 2026
- Asia Pacific (APAC) is set to record a notable growth trajectory over the forecast period owing to increase in prevalence of GI bleeding and increasing geriatric population
ALBANY, N.Y, Oct. 15, 2020 /PRNewswire/ -- Set to chart a compound annual growth rate of 4.5% from 2018 to 2026, the global gastrointestinal bleeding treatment market is witnessing creation of a host of growth opportunities. As a result, the market worth is anticipated to improve. From USD 575.3 million in 2017, it is set to reach a valuation of USD 849.8 million by the end of the forecast period.
As per Transparency Market Research, "There are a slew of growth factors that will help the market grow. Some of the prominent trends and drivers include increasing adoption of endoscopic hemostasis as primary line of treatment and a rapidly ageing population. Additionally, it is quite interesting to note here that the incidence of re-bleeding is increasing."
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Key Findings of Global Gastrointestinal Bleeding Treatment Market Study:
Favorable reimbursement policies, increasing rate of hospitalization are major factors fuelling growth in the segment
For a detailed analysis of global gastrointestinal bleeding treatment market by product, GI tract division, end user, and region, visit TOC at https://www.transparencymarketresearch.com/report-toc/47580
Key Drivers of Growth in Global Gastrointestinal Bleeding Treatment Market:
Analyze global gastrointestinal bleeding treatment market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study https://www.transparencymarketresearch.com/sample.php
Competitive Landscape of Global Gastrointestinal Bleeding Treatment Market:
As per Transparency Market Research, the vendor landscape of global gastrointestinal bleeding treatment market is set to witness new product launches and geographic expansion as primary growth measures taken by top-tier players. There are a host of other organic and inorganic strategies that the players often deploy to consolidate their position in the market.
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Prominent market players in the vendor landscape of this market include Boston Scientific Corporation, Olympus Corporation, CONMED Corporation, Cook Medical, Ovesco Endoscopy AG, Erbe Elektromedizin GmbH, STERIS plc, and US Medical Innovations, LLC, among others.
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