Endoscopic Stricture Management Device Market Size & Share 2024 – 2032
Market Size by Product (Stents, Balloon Dilators, Balloon Inflation Devices, Bougie Dilators), Application (Esophageal, Colonic, Biliary), End User (Hospitals.
Report ID: GMI8952
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Published Date: April 2024
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Report Format: PDF
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Authors:
Monali Tayade, Jignesh Rawal
Endoscopic Stricture Management Device Market Size
Endoscopic Stricture Management Device Market size was valued at USD 881 million in 2023 and is expected to reach USD 1.4 billion by 2032 growing at a CAGR of 5.8% over the analysis period. The market is driven by several factors, including ongoing technological advances in endoscopic stricture management devices, increasing prevalence of diseases leading to strictures, and increasing awareness towards early diagnosis of strictures. Additionally, increase in minimally invasive surgical procedures using endoscopes is also driving the demand for endoscopic stricture management devices globally.
Endoscopic Stricture Management Device Market Key Takeaways
Market Size & Growth
Key Market Drivers
Challenges
The growing occurrence of conditions that result in strictures, such as gastroesophageal reflux disease (GERD), inflammatory bowel disease (IBD), colorectal cancer, and biliary diseases is fuelling the need for efficient endoscopic interventions. According to a study published by British Medical Journal in February 2023, total cases of IBD during 1990 – 2019 increased by about 47.45%. Endoscopic stricture management devices offer a less invasive approach to treating strictures that occurs due to such gastric disorders. As a result, with the growing prevalence of gastric disorders such as IBD and GERD, the demand for endoscopic stricture management devices is increasing globally.
Endoscopic Stricture Management Device Market Trends
Endoscopic Stricture Management Device Market Analysis
Based on the Product, the global market is classified into stents, balloon dilators, bougie dilators, and other products. The stents segment is further segmented into metal stents, plastic stents, and biodegradable stents. The stents segment has asserted its dominance in the global market by securing a significant share and experiencing growth of 6% between 2024 – 2032.
Based on the application, the endoscopic stricture management device market is classified into esophageal, colonic, pyloric, biliary, and other applications. The esophageal segment held the largest market share of 36.6% in 2023. This dominance can be attributed to high incidence of strictures caused in esophageal region due to gastric diseases such as GERD; esophageal cancer; eosinophilic esophagitis; IBD, and corrosive injuries.
Based on the end user, the endoscopic stricture management device market is classified into hospitals, ambulatory surgery centers, and other end users. The hospital segment is expected to reach USD 827.3 million by 2032.
North America region is projected to maintain its lead in the endoscopic stricture management device market, anticipated to reach USD 543.6 million by 2032.
Endoscopic Stricture Management Device Market Share
The market is fragmented with the presence of several established market players and new entrants. Also, the market players are emphasizing towards developing innovative and advanced products that can offer enhanced biocompatibility, improved fit, and better safety to the patients.
In this dynamic environment, fierce competition drives companies to distinguish themselves through product innovation, branding, and strategic marketing efforts to cater to the increasing demand for endoscopic stricture management devices.
Endoscopic Stricture Management Device Market Companies
Prominent players operating in the endoscopic stricture management device industry are as mentioned below:
Endoscopic Stricture Management Device Industry News:
The endoscopic stricture management device market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 - 2032 for the following segments:
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Market, By Product
Market, By Application
Market, By End User
The above information is provided for the following regions and countries:
Research methodology, data sources & validation process
This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.
Our 6-step research process
1. Research design & analyst oversight
At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.
Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.
2. Primary research
Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.
3. Data mining & market analysis
Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.
4. Market sizing
Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.
5. Forecast model & key assumptions
Every forecast includes explicit documentation of:
✓ Key growth drivers and their assumed impact
✓ Restraining factors and mitigation scenarios
✓ Regulatory assumptions and policy change risk
✓ Technology adoption curve parameter
✓ Macroeconomic assumptions (GDP growth, inflation, currency)
✓ Competitive dynamics and market entry/exit expectations
6. Validation & quality assurance
The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.
Our triple-layer validation process ensures maximum data reliability:
✓ Statistical Validation
✓ Expert Validation
✓ Market Reality Check
Trust & credibility
Verified data sources
Trade publications
Security & defense sector journals and trade press
Industry databases
Proprietary and third-party market databases
Regulatory filings
Government procurement records and policy documents
Academic research
University studies and specialist institution reports
Company reports
Annual reports, investor presentations, and filings
Expert interviews
C-suite, procurement leads, and technical specialists
GMI archive
13,000+ published studies across 30+ industry verticals
Trade data
Import/export volumes, HS codes, and customs records
Parameters studied & evaluated
Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →