Medical Gastrostomy Feeding Tube (G-tube) Market Share and New Trends Analysis: By Its Type, Application, End-use and Forecast for period from 2024 to 2031
The "Medical Gastrostomy Feeding Tube (G-tube) Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Medical Gastrostomy Feeding Tube (G-tube) market is expected to grow annually by 11.7% (CAGR 2024 - 2031).
This entire report is of 173 pages.
Medical Gastrostomy Feeding Tube (G-tube) Introduction and its Market Analysis
The Medical Gastrostomy Feeding Tube (G-tube) market research report highlights the rising demand for G-tubes due to the increasing prevalence of gastrointestinal disorders and the growing geriatric population. Major factors driving revenue growth in the market include technological advancements, rising awareness about enteral nutrition, and the presence of key players such as Fresenius Kabi, Cardinal Health, and Nestle. The report also provides a market analysis of companies like Avanos Medical, Danone, and Boston Scientific. The main findings of the report suggest a steady growth trajectory for the Medical Gastrostomy Feeding Tube market, with recommendations for companies to focus on product innovation and strategic partnerships.
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The global Medical Gastrostomy Feeding Tube (G-tube) market is segmented by type into Low Profile G-tube, High Profile G-tube, and Other. The market is further segmented by application into Children and Adults. The demand for G-tubes is increasing due to the rise in chronic diseases and the aging population. Regulatory and legal factors specific to the market conditions play a crucial role in the growth of the market. Stringent regulations regarding the safety and efficacy of medical devices are impacting the market dynamics. Manufacturers are focusing on complying with the regulations and obtaining necessary approvals to ensure market access. The market players are also investing in research and development to introduce innovative G-tubes that cater to the specific needs of patients. Overall, the Medical Gastrostomy Feeding Tube market is expected to witness significant growth in the coming years driven by the increasing prevalence of chronic diseases and the growing geriatric population.
Top Featured Companies Dominating the Global Medical Gastrostomy Feeding Tube (G-tube) Market
The Medical Gastrostomy Feeding Tube (G-tube) market is highly competitive with key players such as Fresenius Kabi, Cardinal Health, Nestle, Avanos Medical, Danone, Applied Medical Technology, Boston Scientific, Cook Group, ConMed, and GBUK Group. These companies offer a wide range of G-tube products and solutions for patients who require enteral feeding.
Fresenius Kabi is a leading player in the market offering G-tube products such as Fresubin tube feed and accessories. Cardinal Health provides a comprehensive range of enteral feeding supplies including G-tubes and feeding pumps. Nestle is known for its Nutren line of enteral nutrition products which include feeding tubes for individuals with nutritional deficiencies.
Avanos Medical specializes in innovative medical technologies including the Kimberly-Clark MIC enteral feeding tubes. Danone offers a variety of nutritional products under brands like Nutrison and Nutricia which cater to patients requiring enteral feeding. Applied Medical Technology is known for its AMT Mini ONE buttons and other enteral feeding devices.
Boston Scientific offers the AMT G-JET feeding tube for patients with feeding difficulties. Cook Group provides a range of G-tubes and accessories for enteral feeding. ConMed offers a variety of feeding tubes and accessories as part of its enteral feeding solutions. GBUK Group specializes in enteral feeding products such as gastrostomy tubes and accessories.
These companies help to grow the Medical Gastrostomy Feeding Tube (G-tube) market by investing in research and development, innovative product offerings, strategic partnerships, and expanding their global presence. Some of these companies generate significant sales revenue, with Fresenius Kabi reporting revenue of over $ billion in 2020, Cardinal Health reporting revenue of over $152 billion in 2020, and Nestle reporting revenue of over $84 billion in 2020.
- Fresenius Kabi
- Cardinal Health
- Nestle
- Avanos Medical
- Danone
- Applied Medical Technology
- Boston Scientific
- Cook Group
- ConMed
- GBUK Group
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Medical Gastrostomy Feeding Tube (G-tube) Market Analysis, by Type:
- Low Profile G-tube
- High Profile G-tube
- Other
Medical Gastrostomy Feeding Tube (G-tube) comes in various types such as Low Profile G-tube, High Profile G-tube, and other specialized types. Low profile G-tube is discreet and less noticeable, while high profile G-tube is larger and more secure. These different types cater to diverse patient needs, making them more widely applicable in various medical settings. This variety in options ultimately boosts the demand for medical Gastrostomy Feeding Tube (G-tube) as healthcare providers can choose the most suitable type based on patient requirements, leading to increased market growth and adoption.
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Medical Gastrostomy Feeding Tube (G-tube) Market Analysis, by Application:
- Children
- Adult
Medical Gastrostomy Feeding Tube (G-tube) is used in pediatric patients who are unable to feed orally due to conditions such as anatomical abnormalities or neurological disorders. In adults, G-tubes are commonly used in patients with swallowing difficulties, esophageal disorders, or those undergoing surgery or treatment for head and neck cancer. The fastest growing application segment in terms of revenue is in the adult population, particularly in older adults with chronic conditions such as stroke or dementia. G-tubes provide a direct route for delivering liquid nutrition, medications, and fluids to ensure adequate nutrition and hydration in these populations.
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Medical Gastrostomy Feeding Tube (G-tube) Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The Medical Gastrostomy Feeding Tube (G-tube) market is expected to experience significant growth in regions such as North America (United States, Canada), Europe (Germany, France, ., Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia), Latin America (Mexico, Brazil, Argentina, Colombia), and Middle East & Africa (Turkey, Saudi Arabia, UAE). North America is expected to dominate the market with a market share percentage valuation of 35%, followed by Europe with 25%, Asia-Pacific with 20%, Latin America with 12%, and Middle East & Africa with 8%.
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