Global Nasogastric Tube Market Growth 2023-2029

Global Nasogastric Tube Market Growth 2023-2029

Nasogastric tube: A tube that is passed through the nose and down through the nasopharynx and esophagus into the stomach. Abbreviated NG tube. It is a flexible tube made of rubber or plastic, and it has bidirectional potential. It can be used to remove the contents of the stomach, including air, to decompress the stomach, or to remove small solid objects and fluid, such as poison, from the stomach. An NG tube can also be used to put substances into the stomach, and so it may be used to place nutrients directly into the stomach when a patient cannot take food or drink by mouth.

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

This Insight Report provides a comprehensive analysis of the global Nasogastric 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 Nasogastric Tube portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Nasogastric Tube market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Nasogastric 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 Nasogastric Tube.

The global Nasogastric Tube market size is projected to grow from US$ 252.3 million in 2022 to US$ 308.3 million in 2029; it is expected to grow at a CAGR of 308.3 from 2023 to 2029.

Europe is the largest market with about 25% market share. Followed by China and North America, accounting for about 49% market share.

The key players are Andersen Products, Bard Medical, Bicakcilar, Degania Silicone, Rontis Medical, Guangdong Baihe Medical Technology, Pacific Hospital Supply etc. Bard Medical is the largest manufacturer with about 5% revenue market share.

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

Market Segmentation:

Segmentation by type
Levin Tube
Sengstaken-Blakemore Tube
Others

Segmentation by application
Children Use
Adult Use

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.
Andersen Products
Bard Medical
Bicakcilar
Degania Silicone
Rontis Medical
Guangdong Baihe Medical Technology
Pacific Hospital Supply

Key Questions Addressed in this Report

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

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

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

How do Nasogastric Tube market opportunities vary by end market size?

How does Nasogastric 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.