Global Nasogastric Tube Market: Brief Account
The global nasogastric tube market is prophesied to gain traction on the back of an increase in the number of hospitalized pediatric patients. Swelling prevalence of pediatric disorders could be a primary reason for the rise in hospital admission of pediatric patients. Almost on a regular basis, these patients are observed to require nasogastric tube for gastric decompression and the remedial need to control enteral medications and feedings. Bidirectional potential and adaptable nature of nasogastric tube could bode well for the demand in the market. The multimillion-dollar market is expected to have a positive growth outlook for the next few years.
The global nasogastric tube market could be cataloged according to application, channel, type of tube, and type of product. Anesthesia and feeding are anticipated to come out as prominent applications of nasogastric tube. Each segment of the market is carefully analyzed by the researchers with key focus on its growth potential.
This publication is considered to be a brilliant explanation of how the global nasogastric tube market could take shape in the foreseeable future. It brings to light some of the vital factors projected to help support the growth of the market.
Global Nasogastric Tube Market: Trends and Opportunities
The world nasogastric tube market is foreseen to attain growth while riding on increasing chronic disease rates, rise in the number of preterm births, and expanding geriatric population base. Among various types of tubes available in the market, Salem sump catheter is predicted to gain faster demand in the near term. Furthermore, it could secure a handsome share of the market due to certain advantages over other tube types. It prevents the formation of inordinate vacuum at the tip of the tube because it carries a vent.
However, developmental delays and side effects such as skin irritation, tube dislocation, tube perforation, gagging, and retching could negatively affect market growth for nasogastric tube. Nonetheless, the world nasogastric tube market is forecasted to offer rewarding prospects with improvement in healthcare facilities in emerging economies.
Global Nasogastric Tube Market: Geographical Analysis
A regional analysis of the international nasogastric tube market envisages Europe to gather pace for its growth in the near future. This could be on account of the availability of exceptionally sophisticated healthcare facilities, rising geriatric population, high healthcare outlay, and increasing patient awareness. Additionally, development of product portfolio as a result of increasing research and development and the implementation of promising healthcare policies could help the region to increase its market share.
Asia Pacific could be on the brink of becoming a more lucrative region of the international nasogastric tube market with opportunities available in India and China. Another factor that could support growth of this regional market is the presence of multitudinous geriatrics in Japan.
Global Nasogastric Tube Market: Companies Mentioned
The international nasogastric tube market includes some of the top names of the industry, viz. Guangdong Baihe Medical Technology, Degania Silicone, Bicakcilar, Bard Medical, and Andersen Products. Each player is comprehensibly studied in the report while focusing on their recent developments, market shares, and other aspects.
Global Nasogastric Tube Market: Product
- Levin Tube
- Sengstaken-Blakemore Tube
Global Nasogastric Tube Market: Industry
- Children Use
- Adult Use
Global Nasogastric Tube Market: Channel
- Direct Sales
Global Nasogastric Tube Market: Region
- North America
- South America
- Asia Pacific
- Middle East and Africa
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.