About Nasogastric Tube
A nasogastric tube is a type of tube that passes through the nose and through the nasopharynx and into the esophagus. Abbreviation NG Tube. It is a flexible hose made of rubber or plastic and has bidirectional potential. It can be used to remove gastric contents, including air, to decompress the stomach, or to remove small solid objects and liquids such as poison. An NG tube can also be used to deliver supplements to the stomach, and therefore can be used to deliver nutrients directly to the stomach. The nasogastric tube (NGT) market will experience significant growth in the coming years due to a growing number of premature babies and enteral nutrition for the resulting demand.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Asia Pacific Players will contribute the maximum growth to Global Nasogastric Tube market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Andersen Products, Inc. (United States), C.R. Bard Medical (United States), Bicakcilar A.S. (Turkey), Cardinal Health (United States), Degania Silicone Ltd. (Israel), Guangdong Baihe Medical Technology (China), Pacific Hospital Supply Co. Ltd. (Taiwan), Poly Medicure Limited (India) and Rontis Medical (Switzerland) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Nasogastric Tube market by Type (Levin Tube, Sengstaken-Blakemore Tube and Others), Application (Hospitals, Clinics and Others) and Region.
On the basis of geography, the market of Nasogastric Tube has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Nasogastric Tube market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Children Use will boost the Nasogastric Tube market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Bidirectional Potential and Adaptable Nature of Nasogastric Tube and Increasing Chronic Disease Rates, Rise in the Number of Preterm Births, and Expanding Geriatric Population Base
Market Growth Drivers:
Increase in the Number of Hospitalized Pediatric Patients, Swelling Prevalence of Pediatric Disorders and A Rise in Hospital Admission of Pediatric Patients
Challenges:
Developmental Delays in the Product
Restraints:
Side Effects Such As Skin Irritation, Tube Dislocation, Tube Perforation, Gagging, and Retching
Opportunities:
Availability of Exceptionally Sophisticated Healthcare Facilities, High Healthcare Outlay, And Increasing Patient Awareness and Increasing Research and Development and the Implementation of Promising Healthcare Policies
Market Leaders and their expansionary development strategies
In September 2023, Otsuka Pharmaceutical Factory launches Tumguide LED Light Source and "Tumguide Fiber as medical devices that configure "Tumguide a device for checking the position of the nasogastric tube tip.Tumguide is a medical device that allows you to visually check the tip position during nasogastric tube insertion by observing the Biological Transparent Illumination*1 emitted from the optical fiber tip inserted into the nasogastric tube (feeding tube) from outside the body.
In January 2021, Firmly Medical Launched ENFit Nasogastric Tubes for Enteral Nutrition, Bexen brand of long-term nasogastric (NG) feeding tubes for enteral nutrition are made of biocompatible, non-toxic, polyurethane material with good tolerance that prevents nasopharyngeal tract irritation.
Key Target Audience
Manufacturers of Nasogastric Tube, Suppliers and Distributors of Nasogastric Tube, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.