Nasogastric Tube Market size was valued at USD 534.2 Million in 2023 and is poised to cross USD 1.03 Billion by the end of 2036, expanding at more than 5.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of nasogastric tube is estimated at USD 554 Million. The growth of the market will rise owing to a higher count of surgical procedures being carried out. On an annual basis, millions of people get surgical treatment, with surgical treatments accounting for an estimated 13% of total disability-adjusted life years worldwide. During surgery, a nasogastric tube is inserted to remove accumulated air, fluid, or gastrointestinal contents from the stomach.
Furthermore, the number of malnourished people will increase the demand for nasogastric tubes. Nasogastric tubes ensure that essential nutrients, including protein, carbohydrates, fats, vitamins, and minerals are delivered to the body to address malnutrition and promote recovery. In 2021, almost 2.3 billion individuals which is around 29.3% of the global population were either severely or moderately lacked surviving nutrition.
Author Credits: Radhika Pawar
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