Market Overview:
The global gastrostomy tubes market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in gastrostomy tubes. Based on type, the global gastrostomy tubes market is segmented into capacity 5 ml, capacity 10 ml, capacity 15 ml, capacity 20 ml and others. Capacity 5 ml segment is expected to dominate the global gastrostomy tubes market during the forecast period owing to its low price and easy availability as compared to other types of gastrostomy tubes. In terms of geography, North America dominates the global Gastrostomy Tubes Market followed by Europe.
Product Definition:
Gastrostomy tubes are long, thin tubes that are inserted through the stomach and into the small intestine. They are used to provide nutrition and fluids to people who cannot eat or drink normally because of a health problem.
Capacity 5 ml:
Capacity 5 ml is a silicone-based elastomer developed by Dow Corning. It is used as an adhesive and sealant in the manufacturing of gastrostomy tubes (stoma care). The product finds application in various end-use industries such as medical devices, automotive, construction and packaging.
The global stoma care market size was valued at USD 1.6 billion in 2016.
Capacity 10 ml:
Capacity 10 ml is a small size medical device used in the Gastrostomy Tubes. It helps to reduce the amount of stomach content that may block the tube and cause aspiration pneumonia. This product is available as both disposable and reusable products.
Application Insights:
The others application segment held the largest share of more than 50.0% in 2017. This is due to an increase in the number of patients suffering from gastrointestinal disorders and a rise in demand for gastrostomy tubes at medical research centers, which are majorly used for nutritional support and parenteral nutrition.
Medical research center was the second-largest application segment with a revenue share of 47.4% in 2017 owing to growing usage of gastrostomy tubes by hospitals and other healthcare facilities for various purposes such as providing nutrition directly into the bloodstream without any prior blood sample or procedure, reducing hospital stay duration, decreasing readmission rate among discharged patients, improving patient satisfaction by enabling independent living at home through nutritional support without dependence on others etcetera. These factors are anticipated to drive growth over next few years.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to increasing prevalence of chronic diseases, rising adoption of advanced technologies and presence of well-established healthcare facilities in the region. In addition, growing preference for gastrostomy tubes as compared to other feeding methods is also expected to drive regional demand over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to factors such as improving healthcare infrastructure and economic development in emerging countries like China and India. Moreover, an increase in awareness regarding various treatment options for different types of cancers is further expected boost regional demand during the forecast period (2018 - 2030).
In addition, supportive government initiatives are also likely to contribute toward industry growth by creating new opportunities for players operating within Asia Pacific region.
Growth Factors:
- Increasing incidence of chronic diseases such as cancer, diabetes, and gastrointestinal disorders that require long-term feeding through a gastrostomy tube.
- Rising geriatric population with increasing number of people requiring long-term feeding through a gastrostomy tube due to age-related health conditions.
- Growing demand for minimally invasive surgeries that can help reduce the postoperative complications and improve the patient outcomes.
- Technological advancements in gastrostomy tubes that offer features such as low profile design, adjustable balloon size, and multiple drainage options among others to improve patient comfort and care.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gastrostomy Tubes Market Research Report
By Type
Capacity 5 ml, Capacity 10 ml, Capacity 15 ml, Capacity 20 ml, Others
By Application
Hospitals, Medical Research Center, Others
By Companies
Boston Scientific, Medtronic, Medtronic, Halyard Health, Karl Storz, Nestle Health Science, Cook Group, Bard Medical, Boston Scientific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Gastrostomy Tubes Market Report Segments:
The global Gastrostomy Tubes market is segmented on the basis of:
Types
Capacity 5 ml, Capacity 10 ml, Capacity 15 ml, Capacity 20 ml, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Medical Research Center, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Boston Scientific
- Medtronic
- Medtronic
- Halyard Health
- Karl Storz
- Nestle Health Science
- Cook Group
- Bard Medical
- Boston Scientific
Highlights of The Gastrostomy Tubes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Capacity 5 ml
- Capacity 10 ml
- Capacity 15 ml
- Capacity 20 ml
- Others
- By Application:
- Hospitals
- Medical Research Center
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gastrostomy Tubes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Gastrostomy tubes are a type of medical tube that is inserted into the stomach through the mouth. They are used to provide food and water to people who have difficulty swallowing or eating.
Some of the key players operating in the gastrostomy tubes market are Boston Scientific, Medtronic, Medtronic, Halyard Health, Karl Storz, Nestle Health Science, Cook Group, Bard Medical, Boston Scientific.
The gastrostomy tubes market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gastrostomy Tubes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Gastrostomy Tubes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gastrostomy Tubes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Gastrostomy Tubes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Gastrostomy Tubes Market Size & Forecast, 2020-2028
4.5.1 Gastrostomy Tubes Market Size and Y-o-Y Growth
4.5.2 Gastrostomy Tubes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Capacity 5 ml
5.2.2 Capacity 10 ml
5.2.3 Capacity 15 ml
5.2.4 Capacity 20 ml
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Medical Research Center
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gastrostomy Tubes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Gastrostomy Tubes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Capacity 5 ml
9.6.2 Capacity 10 ml
9.6.3 Capacity 15 ml
9.6.4 Capacity 20 ml
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Medical Research Center
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Capacity 5 ml
10.6.2 Capacity 10 ml
10.6.3 Capacity 15 ml
10.6.4 Capacity 20 ml
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Medical Research Center
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Capacity 5 ml
11.6.2 Capacity 10 ml
11.6.3 Capacity 15 ml
11.6.4 Capacity 20 ml
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Medical Research Center
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Capacity 5 ml
12.6.2 Capacity 10 ml
12.6.3 Capacity 15 ml
12.6.4 Capacity 20 ml
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Medical Research Center
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Capacity 5 ml
13.6.2 Capacity 10 ml
13.6.3 Capacity 15 ml
13.6.4 Capacity 20 ml
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Medical Research Center
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Gastrostomy Tubes Market: Competitive Dashboard
14.2 Global Gastrostomy Tubes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boston Scientific
14.3.2 Medtronic
14.3.3 Medtronic
14.3.4 Halyard Health
14.3.5 Karl Storz
14.3.6 Nestle Health Science
14.3.7 Cook Group
14.3.8 Bard Medical
14.3.9 Boston Scientific
