Gastrostomy Tube Feeding Devices Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026

Report ID: GMI2851

Summary Methodology

Gastrostomy Tube Feeding Devices Market size is projected to experience significant growth from 2018 to 2024.

Surging number of baby boomers across the globe will drive gastrostomy tube feeding devices market growth over the forecast period. Based on UN statistics, elderly population aged 60 years and above is estimated over 960 million in 2017 and is projected to exceed 2.0 billion by 2050.

Increasing prevalence of chronic diseases such as cancer, diabetes, respiratory & gastrointestinal disorders, cardiovascular diseases and neurological disorders resulting into malnutrition will further fuel industry expansion. Increasing shift from parenteral to enteral feeding along with rising awareness among patients for enteral nutrition will augment business growth over the forecast timeframe.

Rising number of pre-term births across the globe will further drive global gastrostomy feeding devices market growth. As per WHO, around 15 million preterm births occur globally, which is more than one preterm birth of 10 babies born. Oral aversion, long-term ventilation and neurological disorders such as cerebral palsy leading to sucking and swallowing problems in premature babies is set to generate high demand for gastrostomy tubes for nutritional support.  

However, rising complications along with risk associated with gastrostomy feeding tubes will impede market growth. Patients with gastrostomy feeding tubes face risks in terms of complications such as tube dislodgement, pneumoperitoneum, fluid imbalance, hemorrhage, infection due to contamination, tube leakage to abdominal cavity (peritonitis), aspiration and medication-related complications. Such factors will hamper the gastrostomy tube feeding devices business growth.

Percutaneous endoscopic gastrostomy (PEG) devices segment held a momentous share as of 2017, owing to low cost, less invasiveness and no need for general anesthesia making it a preferred option for medium and long-term enteral feeding over surgical tube placement methods.

Cancer business segment will account for higher market share owing to rising demand for gastrostomy tube feeding devices in patients with neck and head cancer. As per NCBI, over 40% of patients with head and neck malignancy have some degree of malnutrition resulting into increased demands for feeding tubes. Gastrointestinal diseases will grow considerably over the coming years owing to increased need for draining gastric secretions and resolving persistent nausea during gastrointestinal stenosis.

Adult segment will grab high market share owing to rising prevalence of chronic ailments such as cancer, diabetes and neurological disorders. Adult patients suffering from various problems such as swallowing, aspiration, inadequate oral calorie intake, inflammatory bowel disease (IBD) requiring special diet will generate high demand for gastrostomy tubes for providing medications & feedings directly into the stomach. Such factors will propel segmental revenue growth in the coming years.

Hospital segment accounted for significant revenue share owing to rising number of chronic ailments leading to malnutrition. High uptake of such feeding tubes for undernourished patients admitted in the hospitals will augment business growth. Home care settings is expected to witness robust growth owing to increasing usage of gastrostomy feeding tubes in home care settings for nutritional support, providing medications, decompression directly into the stomach of patients.

U.S. gastrostomy tube feeding devices market is slated to witness lucrative growth owing to increasing elderly population base along with rising prevalence of chronic disorders in the country. High adoption rates, availability of technologically advanced products coupled with presence of well-established healthcare facilities in the country will propel regional growth.

India gastrostomy tube feeding devices market is poised to witness robust growth over the forecast period due to rising number of preterm births and malnourished population in the country. Moreover, increasing prevalence of chronic diseases such as cancer and diabetes due to sedentary lifestyle and unhealthy dietary habits along with huge geriatric patient pool will augment regional share in the future.

Some of the key industry players include Medtronic, Abbott Nutrition, C.R. Bard, Halyard Health, Boston Scientific Corporation, Fresenius Kabi, Danone, Moog, and Nestle. The market players adopt strategic initiatives such as merger, acquisition and new product development for expanding their product portfolio and customer base. For instance, in March 2015, Halyard Health launched the improved placement kit - MIC percutaneous endoscopic gastrotomy (PEG) tube. This kit enables clinicians to streamline the tube placement procedure and saves time.

Gastrostomy Tube Feeding Devices Market By Product, 2013-2024 (USD Million)

  • Standard Gastrostomy Tube
  • Low Profile Gastrostomy Feeding Tube
  • Percutaneous Endoscopic Gastrostomy (PEG) Feeding Device

Gastrostomy Tube Feeding Devices Market By Age Group, 2013-2024 (USD Million)

  • Pediatrics
  • Adults

Gastrostomy Tube Feeding Devices Market By Application, 2013-2024 (USD Million)

  • Cancer
  • Gastrointestinal disorders
  • Diabetes
  • Neurological disorders
  • Others

Gastrostomy Tube Feeding Devices Market By End-use, 2013-2024 (USD Million)

  • Hospitals
  • Ambulatory Surgical Centers
  • Home Care

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
  • Asia Pacific
    • Japan
    • China
    • India
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • South Africa
    • Saudi Arabia


What Information does this report contain?

Historical data coverage: 2015 to 2019; Growth Projections: 2020 to 2026.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Customize this Report

Pre Book Now

Need a Discount? Get in touch with us for special pricing

Request Discount

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

Connect with our sales team

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

GMIPulse, our report store

We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework.

Chat with us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X