What is Global Gastrostomy Tube Feeding Devices Market?
The Global Gastrostomy Tube Feeding Devices Market is a sector that focuses on the production and distribution of specialized feeding devices used for patients who require long-term enteral nutrition. These devices, known as gastrostomy tubes, are surgically inserted into the patient's stomach to provide a direct channel for delivering nutrition, hydration, and medication. The market encompasses various types of gastrostomy tubes, including balloon gastrostomy tubes, standard gastrostomy tubes, and low-profile gastrostomy tubes. The market's value is determined by the demand for these devices, which is influenced by factors such as the prevalence of diseases requiring long-term enteral nutrition, advancements in gastrostomy tube technology, and the availability of reimbursement for these devices in various countries.
Feeding Pumps, Feeding Tubes, Consumables in the Global Gastrostomy Tube Feeding Devices Market:
The Global Gastrostomy Tube Feeding Devices Market is segmented into three main categories: feeding pumps, feeding tubes, and consumables. Feeding pumps are electronic devices used to deliver nutrition through the gastrostomy tube at a controlled rate. They are designed to be portable and user-friendly, with features such as alarms to alert the user of any issues with the feeding process. Feeding tubes, on the other hand, are the actual devices inserted into the patient's stomach. They come in various types and sizes, depending on the patient's needs and the duration of the required tube feeding. Consumables include the nutritional formulas delivered through the tubes and other necessary supplies such as syringes and dressings. The market for each of these segments is influenced by factors such as technological advancements, product availability, and pricing strategies.
Hospitals, Home Care in the Global Gastrostomy Tube Feeding Devices Market:
The usage of gastrostomy tube feeding devices is prevalent in two main areas: hospitals and home care. In hospitals, these devices are used for patients who are unable to eat by mouth due to conditions such as stroke, cancer, or severe neurological disorders. They are also used for patients undergoing certain types of surgeries that affect their ability to swallow. In the home care setting, gastrostomy tubes are used for patients who require long-term enteral nutrition. This includes patients with chronic conditions such as cerebral palsy or ALS, as well as those recovering from illnesses or surgeries that have temporarily affected their ability to eat. The use of these devices in home care is facilitated by home health care services, which provide the necessary training and support for patients and their caregivers.
Global Gastrostomy Tube Feeding Devices Market Outlook:
Looking at the market outlook, the Global Gastrostomy Tube Feeding Devices Market was valued at a significant US$ 615.1 million in 2023. The market is projected to experience substantial growth, with an expected value of US$ 884.3 million by 2030. This represents a compound annual growth rate (CAGR) of 5.4% during the forecast period from 2024 to 2030. This growth can be attributed to several factors, including an increase in the prevalence of diseases requiring long-term enteral nutrition, advancements in gastrostomy tube technology, and the growing acceptance of these devices in home care settings.
| Report Metric | Details |
| Report Name | Gastrostomy Tube Feeding Devices Market |
| Accounted market size in 2023 | US$ 615.1 million |
| Forecasted market size in 2030 | US$ 884.3 million |
| CAGR | 5.4% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Danone, Fresenius, Nestle, Cardinal Health, Abbott, B. Braun, Moog, Avanos Medical, Cook Medical, Boston Scientific, ConMed, C. R. Bard, Applied Medical Technology, Alcor Scientific |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
