South America Gastric Buttons Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Offerings (Products and Accessories), Application (Children and Adults), Usage (Enteral Nutrition, Medications, Fluids, and Others), and End User (Hospitals, Clinics, and Others)
The South America gastric buttons market is expected to grow from US$ 34.44 million in 2022 to US$ 52.95 million by 2028; it is estimated to record a CAGR of 7.4% from 2022 to 2028 .
Growing Preference for Low-Profile Tubes to Boost Market Growth in Future
The placement of low-profile gastrostomy buttons (LPBs) is safer, and it provides a better outcome compared to long gastrostomy tubes (LGTs). Low-profile balloon gastrostomy tubes have a compact design and are often preferred due to their aesthetic appearance and ease of replacement. Low-profile buttons are preferred in pediatric patients who are at a higher risk of accidentally pulling out longer tubing or dislodging the tubing. Low-profile tubes are sized based on the caliber of the access tube and the stem length.
Companies are focusing on introducing low-profile buttons to enhance delivery systems. These devices are likely to offer benefits such as flexibility to be placed via a mature gastrostomy tract and are available as an initial placement option, the extension set attached make feeding easier over long gastrostomy tubes (LGTs). The industry players are engaged in the utilization of advanced technology to develop low-profile buttons.
A few of the recent developments related to the gastric buttons market are mentioned below:
In March 2021, Applied Medical Technology, Inc. (AMT) announced the launch of a low profile micro G-JET. The micro G-JET was designed to meet the enteral nutrition needs of pediatric patients. The new device offers gastric lengths of 0.8 cm to 2.5 cm and jejunal lengths of 10 cm, 15 cm, 22 cm, and 30 cm.
In November 2021, Applied Medical Technology, Inc. (AMT) announced the launch of the 10F MiniACE balloon button that is FDA-cleared for Antegrade Continence Enemas. Patients who depend on antegrade enemas as part of their bowel management program no longer have to struggle with their Chait Trapdoor; by expanding the MiniACE portfolio to include a 10F option, patients can convert from their current cecostomy/appendicostomy device to a balloon button device with minimal dilation.
Thus, the growing preference for low profile tubes is likely to fuel market growth in the coming years.
South America Gastric Buttons Market Overview
The South & Central America gastric buttons market is segmented into Brazil, Argentina, and the Rest of South & Central America. An increase in the adoption of gastric buttons for enteral feeding, a rise in the prevalence of chronic diseases, and a surge in the aging population (which is at a greater risk of various infectious diseases and disabilities) are among the key factors contributing to the growth of the market in South & Central America.
South America Gastric Buttons Market Revenue and Forecast to 2028 (US$ Million)
South America Gastric Buttons Market Segmentation
The South America gastric buttons market is segmented based on offerings, application, usage, end user, and country. Based on offerings, the South America gastric buttons market is bifurcated into products and accessories. The products segment held a larger market share in 2022. Further, accessories are segmented into button feeding sets, button decompression sets, and others.
Based on application, the South America gastric buttons market is bifurcated into children and adults. The children molding segment held a larger market share in 2022.
Based on usage, the South America gastric buttons market is segmented into enteral nutrition, medications, fluids, and others. The enteral nutrition segment held the largest market share in 2022.
Based on end user, the South America gastric buttons market is segmented into hospitals, clinics, and others. The hospitals segment held the largest market share in 2022.
Based on country, the South America gastric buttons market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the South America gastric buttons market share in 2022.
Avanos Medical Inc., Boston Scientific Corp, Vygon (UK) Ltd, and Fresenius Kabi AG are the leading companies operating in the South America gastric buttons market.
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