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Increasing prevalence of gastrointestinal cancer is anticipated to drive the market expansion. Gastrointestinal cancers, including esophageal, gastric, and colorectal cancers, are among the most common types of cancer worldwide. For instance, according to the European Commission data in 2020, around 341,391 new cases of colorectal cancer were witnessed in the Europe. The growing incidence of these cancers contributes to a larger patient pool requiring interventions such as stent placement to address complications like obstructions and strictures. In advanced stages of gastrointestinal cancer, patients experience symptoms like difficulty swallowing, pain, and obstruction. Gastrointestinal stents are used as part of palliative care to provide relief, improve quality of life, and maintain proper digestive function, which in turn drives demand for these devices.
Advancements in screening techniques and increased awareness of early detection have led to more cases of gastrointestinal cancer being diagnosed at earlier stages. Gastrointestinal stent placement is often performed using minimally invasive techniques such as endoscopy. This approach appeals to both patients and healthcare providers as it reduces patient trauma, shortens hospital stays, and accelerates recovery compared to traditional surgical options. The increasing prevalence of gastrointestinal cancer creates a significant demand for interventions that can address associated complications. Gastrointestinal stents provide an effective and minimally invasive solution, making them a crucial component of cancer care.