Global Medical Gastrostomy Tube Market Growth 2023-2029

Global Medical Gastrostomy Tube Market Growth 2023-2029

A gastrostomy tube (also called a G-tube) is a tube inserted through the belly that brings nutrition directly to the stomach. It's one of the ways doctors can make sure kids who have trouble eating get the fluid and calories they need. A surgeon puts in a G-tube during a short procedure called a gastrostomy.

LPI (LP Information)' newest research report, the “Medical Gastrostomy Tube Industry Forecast” looks at past sales and reviews total world Medical Gastrostomy Tube sales in 2022, providing a comprehensive analysis by region and market sector of projected Medical Gastrostomy Tube sales for 2023 through 2029. With Medical Gastrostomy Tube sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Gastrostomy Tube industry.

This Insight Report provides a comprehensive analysis of the global Medical Gastrostomy Tube landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medical Gastrostomy Tube portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Medical Gastrostomy Tube market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Gastrostomy Tube and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Gastrostomy Tube.

The global Medical Gastrostomy Tube market size is projected to grow from US$ 601.7 million in 2022 to US$ 902 million in 2029; it is expected to grow at a CAGR of 902 from 2023 to 2029.

Global top 5 players of Medical Gastrostomy Tube occupied for 66% of the market, including Fresenius Kabi, Cardinal Health, Nestle, Avanos Medical, Danone. Europe is the largest market of Medical Gastrostomy Tube, holding a share over 29.3% . Then North America takes 29.2%. In terms of type, Low Profile G-tube shares over 56% of the market, while High Profile G-tube shares 36% . In terms of application, Adult shares the largest percent of nearly 65%.

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Gastrostomy Tube market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Low Profile G-tube
High Profile G-tube
Other

Segmentation by application
Children
Adult

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Fresenius Kabi
Cardinal Health
Nestle
Avanos Medical
Danone
Applied Medical Technology
Boston Scientific
Cook Group
ConMed
GBUK Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Medical Gastrostomy Tube market?

What factors are driving Medical Gastrostomy Tube market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Medical Gastrostomy Tube market opportunities vary by end market size?

How does Medical Gastrostomy Tube break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.