Global Nasogastric Tube Market Size study & Forecast, by Patient Type (Adult, Pediatric, Geriatric), By Indication (Stomach Cancer, Esophageal Cancer, IBD, Chronic Kidney Disease, Dysphagia, Others), By Type (Small-bore feeding tubes, Large-bore feeding t

Global Nasogastric Tube Market Size study & Forecast, by Patient Type (Adult, Pediatric, Geriatric), By Indication (Stomach Cancer, Esophageal Cancer, IBD, Chronic Kidney Disease, Dysphagia, Others), By Type (Small-bore feeding tubes, Large-bore feeding tubes), By End-use (Hospitals & Nursing Homes, Home Care) and Regional Analysis, 2022-2029

Global Nasogastric Tube Market is valued at approximately USD 479.7 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.3% over the forecast period 2022-2029. The nasogastric tube market refers to the global market for medical devices that are used to deliver nutrients, medications, or other substances directly into the stomach through the nose. Nasogastric tubes are typically made of flexible plastic and are inserted through one nostril and passed down the back of the throat and into the stomach. They are commonly used in a variety of medical settings, including hospitals, long-term care facilities, and home healthcare. The market demand is primarily driven by the factors such as the increasing prevalence of gastrointestinal diseases, the growing proportion of the geriatric population and the rising demand for enteral nutrition.

In addition, the increasing proportion of the geriatric population and growing numbers of undernourished people are acting as major driving factors for market growth. According to Our World in Data, the population of undernourished rose from 650.3 million in 2019 to 768 million in 2020 with the highest of them being in India with 208.6 million, Nigeria accounting for 29.4 million, Pakistan with 27.9 million and so on. Similarly, according to World Health Organization, by 2030, 1 in 6 people in the world will be aged over 60 years. The population of aged people will increase from 1 billion in 2020 to 1.4 billion in 2030. The rising population of elderly people and increasing proportion of malnourished people are propelling the need for nasoenteric feeding to provide nutrition, thus, in turn; these factors are expected to escalate the demand for nasogastric tubes in the global market. Furthermore, the increasing development of advanced nasogastric tubes and rising rates of hospitalization among the elderly and children population are presenting lucrative opportunities for market growth over the forthcoming years. However, the high cost of advanced nasogastric tubes is restricting the market growth over the forecast period of 2022-2029.

The key regions considered for the Global Nasogastric Tube Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue due to the regional development of numerous regulatory guidelines and the presence of advanced technology in the region. Whereas, Asia Pacific is also expected to grow at the highest growth rate over the forecasting period. Factors such as growing unmet demand for digestive illness care centres in the region, increasing patient awareness of such services, rising rates of hospitalization among the elderly and children and increasing development of advanced nasogastric tubes are burgeoning the market growth in the forecasting years.

Major market players included in this report are:
Poly Medicure Ltd.
Medtronic Plc.
Becton, Dickinson and Company
Cardinal Health
QMD
Guangdong Baihe Medical Technology Co., Ltd.
SecurMed UK
Bıçakcılar Medical Devices
Angiplast Private Limited
Well Lead Medical Co., Ltd.
Recent Developments in the Market:
 In February 2022, Medtronic, a global provider of healthcare technology, services and solution, announced the launch of the NuVent Eustachian tube dilation balloon. The NuVent has been approved by the U.S. Food and Drug Administration (FDA) for the treatment of various chronic diseases and obstructive Eustachian Tube Dysfunction. Surgeons can use the NuVent balloon to give therapy in an outpatient or office setting. It has a flexible balloon component that enables personalised implantation dependent on the anatomy of the patient.
 In November 2022, Becton, Dickinson and Company, a global provider of medical technology, announced the opening of a new USD 38.6 Million medication management manufacturing facility in Tijuana, Mexico. The new facility will produce instruments and technology that will help to improve drug safety inside medical facilities. This new 15,775-square-meter facility is anticipated to generate 500 new job opportunities. The facility will be used to produce automated dispensing cabinets, which are used by healthcare providers to deliver prescriptions to patients. The types of equipment will be shipped to North America, Europe, Africa, and Asia.
Global Nasogastric Tube Market Report Scope:

Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Patient Type, Indication, Type, End-use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Patient Type:
Adult
Pediatric
Geriatric

By Indication:
Stomach Cancer
Esophageal Cancer
IBD
Chronic Kidney Disease
Dysphagia
Others

By Type:
Small-bore feeding tubes
Large-bore feeding tubes

By End-use:
Hospitals & Nursing Homes
Home Care

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World

Companies Mentioned
Poly Medicure Ltd.
Medtronic Plc.
Becton, Dickinson and Company
Cardinal Health
QMD
Guangdong Baihe Medical Technology Co., Ltd.
SecurMed UK
Bıçakcılar Medical Devices
Angiplast Private Limited
Well Lead Medical Co., Ltd.

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