Market Overview:
The global low profile gastrostomy device market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in low profile gastrostomy devices. Based on type, the global low profile gastrostomy device market is segmented into obturated and non-obturated devices. The obturated devices segment is expected to account for a larger share of the global market than the non-obturated devices segment during the forecast period. This can be attributed to their superior features such as ease of use and less chances of infection as compared to non-obturated devices. Based on application, the global low profile gastrostomy device market is divided into hospitals, clinics, and other applications.
Product Definition:
A low profile gastrostomy device is a medical device that is inserted through the mouth and into the stomach to allow for the delivery of food and fluids directly to the stomach. This type of device is often used in patients who are unable to swallow food or drink, due to a variety of medical conditions. The use of a low profile gastrostomy device can help improve quality of life by providing necessary nutrition and hydration.
Obturated:
Ostium is a Latin word which means "a place where the stomach and intestine meet". In obturated LG Gastrostomy, the ostium is present between the end of the small bowel and beginning of the pancreas. This type of surgery was first performed in 1883 by an Italian surgeon named Riccardo Castellani.
Non-obturated:
Non-obturated is a term used for the type of gas that remains in the stomach when emetics are induced and no artificial means are used to empty the stomach. The non-obturated gases consist of nitrogen, oxygen, carbon dioxide and hydrogen.
Application Insights:
The other application segment held the largest share of more than 60.0% in 2017. The growing preference for LPG devices as an alternative to gastrostomy tubes is expected to be a major factor driving the market over the forecast period. In addition, increasing awareness about advantages such as reduced risk of infection and lesser requirement for maintenance are further anticipated to drive demand from this segment over the forecast period.
On basis of application, the global low profile Gastrostomy Device (LPG) market has been classified into hospital, clinic or medical center, and others. The hospital segment dominated the overall industry in terms of revenue in 2017 owing to factors such as increasing prevalence of chronic diseases along with rising number of surgeries at hospitals across various regions globally including North America and Europe which ultimately drives demand for LPG devices used during surgeries among other factors contributing towards high market share among hospitals globally.
Regional Analysis:
North America dominated the global low profile gastrostomy device market in 2017. This can be attributed to increasing prevalence of chronic diseases, rising geriatric population, and high healthcare expenditure. Moreover, favorable reimbursement policies for tube feeding are also expected to drive the regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to improving economic conditions and growing awareness about various advanced technologies such as minimally invasive surgeries coupled with low cost devices such as LPGs that provide comfort & painless passage of food through stomach into intestine thereby reducing dependency on others for eating and drinking which is a major driving factor in this region.
Growth Factors:
- Increasing incidence of chronic diseases such as cancer, diabetes, and gastrointestinal disorders that require long-term feeding and drainage
- Growing demand for minimally invasive procedures for the treatment of various diseases
- Rising geriatric population susceptible to chronic diseases
- Technological advancements in low profile gastrostomy devices that offer better patient outcomes
- increasing healthcare expenditure by governments and private players to support the growth of the low profile gastrostomy device market
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Profile Gastrostomy Device Market Research Report
By Type
Obturated, Non-obturated
By Application
Hospital, Clinic, Other
By Companies
Fresenius, Cook Medical, Medtronic, Moog Medical Devices, Avanos, CR Bard
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Low Profile Gastrostomy Device Market Report Segments:
The global Low Profile Gastrostomy Device market is segmented on the basis of:
Types
Obturated, Non-obturated
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
Hospital, Clinic, Other
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:
- Fresenius
- Cook Medical
- Medtronic
- Moog Medical Devices
- Avanos
- CR Bard
Highlights of The Low Profile Gastrostomy Device 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:
- Obturated
- Non-obturated
- By Application:
- Hospital
- Clinic
- Other
- 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 Low Profile Gastrostomy Device 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?
A low profile gastrostomy device is a type of feeding tube that is inserted through the side of the stomach instead of through the mouth. This type of feeding tube is often used in people who have difficulty swallowing or who have had surgery to remove their jaw and tongue.
Some of the major players in the low profile gastrostomy device market are Fresenius, Cook Medical, Medtronic, Moog Medical Devices, Avanos, CR Bard.
The low profile gastrostomy device market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Low Profile Gastrostomy Device Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Low Profile Gastrostomy Device Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Low Profile Gastrostomy Device Market - Supply Chain
4.5. Global Low Profile Gastrostomy Device Market Forecast
4.5.1. Low Profile Gastrostomy Device Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Low Profile Gastrostomy Device Market Size (000 Units) and Y-o-Y Growth
4.5.3. Low Profile Gastrostomy Device Market Absolute $ Opportunity
5. Global Low Profile Gastrostomy Device Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Low Profile Gastrostomy Device Market Size and Volume Forecast by Type
5.3.1. Obturated
5.3.2. Non-obturated
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Low Profile Gastrostomy Device Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Low Profile Gastrostomy Device Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Clinic
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Low Profile Gastrostomy Device Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Low Profile Gastrostomy Device Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Low Profile Gastrostomy Device Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Low Profile Gastrostomy Device Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Low Profile Gastrostomy Device Demand Share Forecast, 2019-2026
9. North America Low Profile Gastrostomy Device Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Low Profile Gastrostomy Device Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Low Profile Gastrostomy Device Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Clinic
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Low Profile Gastrostomy Device Market Size and Volume Forecast by Type
9.7.1. Obturated
9.7.2. Non-obturated
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Low Profile Gastrostomy Device Demand Share Forecast, 2019-2026
10. Latin America Low Profile Gastrostomy Device Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Low Profile Gastrostomy Device Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Low Profile Gastrostomy Device Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Clinic
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Low Profile Gastrostomy Device Market Size and Volume Forecast by Type
10.7.1. Obturated
10.7.2. Non-obturated
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Low Profile Gastrostomy Device Demand Share Forecast, 2019-2026
11. Europe Low Profile Gastrostomy Device Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Low Profile Gastrostomy Device Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Low Profile Gastrostomy Device Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Clinic
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Low Profile Gastrostomy Device Market Size and Volume Forecast by Type
11.7.1. Obturated
11.7.2. Non-obturated
11.8. Basis Point Share (BPS) nalysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Low Profile Gastrostomy Device Demand Share, 2019-2026
12. Asia Pacific Low Profile Gastrostomy Device Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Low Profile Gastrostomy Device Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Low Profile Gastrostomy Device Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Clinic
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Low Profile Gastrostomy Device Market Size and Volume Forecast by Type
12.7.1. Obturated
12.7.2. Non-obturated
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Low Profile Gastrostomy Device Demand Share, 2019-2026
13. Middle East & Africa Low Profile Gastrostomy Device Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Low Profile Gastrostomy Device Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Low Profile Gastrostomy Device Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Clinic
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Low Profile Gastrostomy Device Market Size and Volume Forecast by Type
13.7.1. Obturated
13.7.2. Non-obturated
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Low Profile Gastrostomy Device Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Low Profile Gastrostomy Device Market: Market Share Analysis
14.2. Low Profile Gastrostomy Device Distributors and Customers
14.3. Low Profile Gastrostomy Device Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fresenius
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cook Medical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Medtronic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Moog Medical Devices
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Avanos
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CR Bard
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook