Gastrostomy Tube (G-Tube) Market Size, Trends, Share, Growth, and Opportunity Forecast, 2024 - 2031 Global Industry Analysis By Type (Balloon G-Tubes, Non-Balloon G-Tubes, Low-Profile G-Tubes, and Skin-Level G-Tubes), By Application (Nutritional Support, Medication Administration, Gastric Decompression, and Others), By End-User (Hospitals and Clinics, Homecare Settings, Ambulatory Surgical Centers, and Others), and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

Gastrostomy Tube (G-Tube) Market Size, Trends, Share, Growth, and Opportunity Forecast, 2024 - 2031 Global Industry Analysis By Type (Balloon G-Tubes, Non-Balloon G-Tubes, Low-Profile G-Tubes, and Skin-Level G-Tubes), By Application (Nutritional Support, Medication Administration, Gastric Decompression, and Others), By End-User (Hospitals and Clinics, Homecare Settings, Ambulatory Surgical Centers, and Others), and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)
Region: Global
Published: June 2024
Report Code: CGNHLS741
Pages: 217

The Global Gastrostomy Tube (G-Tube) Market was valued at USD 3.9 Billion in 2023 and is anticipated to reach a value of USD 5.9 Billion by 2031 expanding at a CAGR of 5.5% between 2024 and 2031.

Gastronomy Tubes play a pivotal role in providing enteral nutrition and medication to individuals unable to orally ingest sustenance, encapsulating the convergence of medical technology, healthcare infrastructure, manufacturing proficiency, and consumer engagement. Within the MedTech sector, ongoing R&D initiatives drive continuous refinement of G-Tube designs, aiming to optimize patient comfort and therapeutic effectiveness. The expanding healthcare infrastructure globally facilitates broader accessibility to these indispensable devices, offering crucial support to patients with diverse medical requirements. Manufacturing processes, integrating advanced materials such as medical-grade silicone and polyurethane, prioritize biocompatibility and longevity, essential attributes for sustained usage. Consumer attitudes towards gastronomy tubes reflect a nuanced interplay of adaption. This symbiotic relationship among technology, infrastructure, manufacturing standards, and consumer preferences underscores the profound significance of gastronomy tubes within contemporary healthcare paradigms.

Gastrostomy Tube (G-Tube) Market Major Driving Forces

Material Science Innovations: Continuous advancements in material science fuel the innovation of G-tube materials, leading to the development of biocompatible, and flexible materials that enhance patient comfort, and minimize the risk of complications. Innovation in materials, such as medical-grade silicone and polyurethane, ensures the safety and efficacy of gastronomy tubes in various clinical settings. These material sciences innovations enable the creation of novel tube designs and features that address specific patient needs.

Increasing Medical Requirements: The primary driver for the use of gastronomy tubes is the medical necessity to provide enteral nutrition and medication to patients who cannot consumer food or medication orally due to conditions such as dysphagia, neurological disorders, or gastrointestinal disorders.

Healthcare Infrastructure Growth: The Expansion and improvement of healthcare infrastructure, inclusive of hospitals, clinics, and home care settings, facilitates greater access to gastronomy tube placement procedures and ongoing care for patients, globally.

Technological Advancements: There are continuous advancements in medical technology that drive the development of improved gastrostomy tube designs, materials, and insertion techniques, enhancing patient comfort, safety, and efficacy.

Gastrostomy Tube (G-Tube) Market Key Opportunities

Technological Advancements: Continuous innovation in medical technology present opportunities for the development of advanced G-tube systems with features such as integrated monitoring capabilities, insertion techniques, and improved compatibility.

Expansion into Emerging Markets: With the growing prevalence of chronic diseases and aging populations in emerging markets, there is an opportunity for G-Tube manufacturer to expand their presence and address unmet medical needs in these regions.

Homecare and Remote Monitoring: The shift towards home-based care and remote patient monitoring creates opportunities for the development of user-friendly gastrostomy tube systems that enable patients to manage their treatment outside of traditional healthcare settings.

Integration with Digital Health Solutions: Integrating G-tube systems with digital health platforms and electronic medical records can streamline data collection, facilitate remote monitoring, and enable healthcare providers to make data-driven decisions to optimize patient care.

Gastrostomy Tube (G-Tube) Market Key Trends

·         G-tube management through virtual consultations and remote monitoring, enhancing accessibility.

·         Shrinking tube profile for discreetness, comfort, and reduced interference with daily activities and clothing.

·         Incorporating sensors for real-time monitoring of feeding, drainage, and tube position, enhancing safety and efficiency.

·         Shifting care towards home settings, emphasizing patient and caregiver education, and support for improved independence.

·         Advancing materials for improved compatibility, reducing irritation, infection risk, and enhancing patient comfort.

Region-wise Market Insights

North America accounted for the largest market share at 38.6% in 2023 whereas, Asia Pacific is expected to register the fastest growth, expanding at a CAGR of 5.7% between 2024 and 2031.

In North America, the market is buoyed by its robust healthcare infrastructure, substantial healthcare expenditure, and the escalating incidence of chronic ailments necessitating prolonged enteral feeding interventions. Same ways, Europe has well established healthcare framework and an aging populace contributing for market expansion.  In the Asia Pacific region, burgeoning demand for g-tube is attributed to enhance healthcare accessibility, heightened awareness regarding enteral feeding alternatives, and the swelling geriatric demographic. South America exhibits a burgeoning market, propelled by advancing healthcare infrastructure and escalating healthcare outlay. Meanwhile, Middle East & Africa, market dynamics are supported by the mounting prevalence of chronic illness, augmented healthcare investments, and burgeoning medical tourism sector.

Market Competition Landscape

Within the gastrostomy tube market’s competitive landscape, a variety of contenders engae in a pursuit for market dominance via avenues such as product innovations, strategic partnerships, and refined distribution strategies. Central to their endeavors is the creation of technologically sophisticated gastrostomy tube systems, and treatment efficacy. Additionally, these entities prioritize global expansion efforts, fortifying their distribution networks and fostering alliances with healthcare bodies. Entrants to the market differentiate themselves by offering bespoke solutions tailored to meet the unique requirements and preferences of individual patients. Furthermore, substantial focus is directed towards research and development initiatives aimed at introducing pioneering materials and designs, in harmony with the evolving healthcare landscape and regulatory requisites.

Key players in the global Gastrostomy Tube (G-Tube) market implement various organic and inorganic strategies to strengthen and improve their market positioning. Prominent players in the market include:

·         Medtronic plc

·         Boston Scientific Corporation

·         Cook Medical

·         Fresenius Kabi AG

·         ConMed Corporation

·         C. R. Bard, Inc. (acquired by Becton Dickinson)

·         Kimberly-Clark Corporation

·         Abbott Laboratories

·         Danone S.A.

·         Cardinal Health, Inc.

·         B. Braun Melsungen AG

·         Avanos Medical, Inc.

·         Applied Medical Technology, Inc.

·         Vygon SA

·         Owens & Minor

·         Teleflex Incorporated

·         Moog Inc.

Report Attribute/Metric

Details

Market Revenue in 2023

USD 3.9 Billion

Market Revenue in 2031

USD 5.9 Billion

CAGR (2024 – 2031)

5.5%

Base Year

2023

Forecast Period

2024 – 2031

Historical Data

2019 to 2023

Forecast Unit

Value (US$ Bn)

Key Report Deliverable

Revenue Forecast, Growth Trends, Market Dynamics, Segmental Overview, Regional and Country-wise Analysis, Competition Landscape

Segments Covered

·   By Type (Balloon G-Tubes, Non-Balloon G-Tubes, Low-Profile G-Tubes, and Skin-Level G-Tubes)

·   By Application (Nutritional Support, Medication Administration, Gastric Decompression, and Others)

·   By End-User (Hospitals and Clinics, Homecare Settings, Ambulatory Surgical Centers, and Others)

Geographies Covered

North America: U.S., Canada and Mexico

Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe

Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific

South America: Brazil, Argentina, and Rest of Latin America

Middle East & Africa:  GCC Countries, South Africa, and Rest of Middle East & Africa

Key Players Analyzed

Medtronic plc, Boston Scientific Corporation, Cook Medical, Fresenius Kabi AG, ConMed Corporation, C. R. Bard, Inc. (acquired by Becton Dickinson), Kimberly-Clark Corporation, Abbott Laboratories, Danone S.A., Cardinal Health, Inc.,B. Braun Melsungen AG, Avanos Medical, Inc., Applied Medical Technology, Inc., Vygon SA, Owens & Minor, Teleflex Incorporated, and Moog Inc.

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Available on Request (10% Customization is Free)

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