Medical Gastrostomy Tube Market Overview, Growth, and Trends (2021-2031)

MARKET INTRODUCTION

Enteral feeding is defined as the delivery of proteins, minerals, and other essential nutritional products directly into the stomach of a patient with the help of tubes. Nasogastric feeding is usually required in patients having difficulty swallowing food through the mouth due to specific disability or disorder, or during the hospital stay, or other factors. Nasogastric feeding devices are available in different sizes, depending on the feed volume and the type of patient. Manufacturers also use different color codes for these devices to make them easily identifiable and avoid their misconnection with other feeding tubes. Nasogastric tubes are in everyday use to 'rest the bowel' by allowing pooling gastric contents to be removed by suction for feeding and administration of drugs. If required for an extended period, it will often be replaced with a PEG (percutaneous endoscopic gastrostomy), which is more comfortable and more socially acceptable.

MARKET DYNAMICS

The medical gastrostomy tube market has shown a significant evolution over the forecast period. The development of the medical gastrostomy tube market is due to the increasing prevalence of chronic diseases such as cancer, diabetes, respiratory & gastrointestinal disorders, cardiovascular diseases, and neurological disorders resulting in malnutrition will further fuel industry expansion. Increasing shift from parenteral to enteral feeding and rising awareness among patients for enteral nutrition will augment business growth over the forecast timeframe. The increasing number of pre-term births across the globe will further drive global gastrostomy tube market growth. As per WHO, around 15 million preterm births occur globally, which is more than one preterm birth of 10 babies born. Oral aversion, long-term ventilation, and neurological disorders such as cerebral palsy leading to sucking and swallowing problems in premature babies are set to generate high demand for gastrostomy tubes for nutritional support. However, rising complications and risks associated with gastrostomy feeding tubes will impede market growth. Patients with gastrostomy feeding tubes face risks in terms of tube dislodgement, pneumoperitoneum, fluid imbalance, bleeding, infection due to contamination, tube leakage to the abdominal cavity (peritonitis), aspiration, and medication-related complications. Such factors will hamper the gastrostomy tube feeding device's business growth.

MARKET SCOPE

The "Medical Gastrostomy Tube Market Analysis to 2031" is a specialized and in-depth study of medical devices in the healthcare industry, with a particular focus on the global market trend analysis. This report outlines the medical gastrostomy tube market with detailed market segmentation by product, application, and end-user. The medical gastrostomy tube market is expected to witness high development during the forecast period. The report focusses on the vital statistics on the market status of the key players in the medical gastrostomy tube market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The market is segmented based on the product, application, and end-user. Based on the product, the segmentation of the market is standard gastrostomy tube, low profile gastrostomy feeding tube, and percutaneous endoscopic gastrostomy (PEG) feeding device. Based on the application, the segmentation of the market is gastrointestinal disorders, cancer, diabetes, neurological disorder, and others. Based on end-user, segmentation of the market is into hospitals, ambulatory surgical centers, home care, and others.

REGIONAL FRAMEWORK

The report states a complete outline of the industry, including both quantitative and qualitative information. The report also gives a sketch and forecast of the medical gastrostomy tube market based on various segments. It also consists of market size and forecast estimates from the year 2021 to2031with respect to five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The medical gastrostomy tube market by each region is later subdivided into respective countries and segments. It consists of the analysis and forecast of 18 countries globally and the recent trend and opportunities prevailing in the region.

The report analyzes factors affecting the medical gastrostomy tube market from both the demand and supply side. Additionally, it assesses market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends.
The report also comprises a precise PEST analysis for all five regions: North America, Europe, APAC, MEA, and South & Central America, after evaluating political, economic, social, and technological factors affecting the medical gastrostomy tube market in these regions.

MARKET PLAYERS

The report contains critical developments in the medical gastrostomy tube market as organic and inorganic growth strategies. Multiple firms focus on organic growth strategies like product approvals, product launches, and others, such as events and patents. The inorganic growth strategies observed in the market were acquisitions and partnerships & collaborations. Such activities have paved the way for the expansion of business and customer base of market players. The market players from the medical gastrostomy tube market are anticipated to have profitable growth opportunities in the coming years with the rising demand for liver medicines in the global market. Provided below is the list of few companies engaged in the medical gastrostomy tube market.

The report also comprises of the profiles of key players in the medical gastrostomy tube market, along with the market strategies and their SWOT analysis. Moreover, the report focuses on leading market players with information on company profiles, components, and services provided, financial information of the last three years, critical development in the past five years.

•  Avanos Medical Devices
  
•  Applied Medical Technology, Inc.
  
•  Danone
  
•  Cardinal Health
  
•  Fresenius Kabi AG
  
•  Vygon SA
  
•  Nestlé Health Science
  
•  Cook
  
•  Moog Inc.
  
•  CONMED Corporation
  

The Insight Partner's dedicated research and analysis team comprises experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Medical Gastrostomy Tube Report Scope