The global enteral feeding devices market is poised for significant growth over the next decade, expanding at an average compound annual growth rate (CAGR) of 4.0% during the forecast period. In 2023, the market is valued at approximately USD 2.8 billion and is projected to reach an estimated USD 4.1 billion by 2033.
This robust growth trajectory is driven by several key factors, including increasing prevalence of chronic diseases, rising geriatric population, and advancements in medical technology. The growing awareness about the benefits of enteral feeding in improving patient outcomes, particularly in critical care settings, further supports the market expansion.
As the market evolves, industry leaders are expected to focus on innovative product development and strategic partnerships to cater to the increasing demand for efficient and reliable enteral feeding solutions. The ongoing investments in research and development are likely to result in more user-friendly and technologically advanced feeding devices, enhancing patient comfort and care quality.
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The enteral feeding devices market’s positive outlook underscores its critical role in the healthcare sector, addressing the nutritional needs of patients who cannot consume food orally. With sustained growth and continuous innovations, the market is set to make significant strides in improving patient care worldwide.
Key Takeaways:
- Market Growth: The enteral feeding devices market is projected to grow at a CAGR of 4.0% from 2023 to 2033.
- Current and Future Valuation: The market holds a current valuation of US$ 2.8 billion in 2023 and is expected to reach US$ 4.1 billion by 2033.
- Driving Factors: Key drivers of this growth include rising incidences of chronic diseases, technological advancements in medical devices, and an aging global population necessitating increased nutritional support.
- Market Dynamics: The market dynamics are influenced by healthcare providers’ increasing focus on homecare settings, enhancing patient comfort and reducing hospital stays.
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Enteral Feeding Devices Market — Regional Analysis
- North America and Europe are expected to cumulatively account for nearly 70% of overall market value, with the former holding 40% of the share.
- The dominance of these regions is attributed to favorable medical policies and the strong presence of market players.
- Asia Pacific is forecasted to register tremendous growth on the back of rising healthcare expenditure, the presence of a large patient pool, and a burgeoning number of preterm births.
Enteral Feeding Devices Market — Competitive Landscape
Major market players operating in the market include ICU Medical, Boston Scientific Corporation, Fresenius Kabi, Abbott Laboratories, Cook Medical, Cardinal Health, Inc., Becton Dickinson & Company, and Dynarex Corporation among others. Market players are focusing on developing innovative products with low weight to increase portability.
On these lines, Infinity Feeding Pumps launched the Zevex EnteraLite Infinity Feeding Pump, which weighs less than one pound.
Key Contributors:
- Abbott Nutrition
- ALCOR Scientific
- Applied Medical Technology
- B. Braun Melsungen AG
- Boston Scientific
- CONMED Corporation
- Cook Medical
- Cardinal Health, Inc.
- Becton, Dickinson, and Company
- Fresenius Kabi
- Owens & Minor, Inc. (Halyard Health)
- Medline
- Moog
- Nestlé Health Science
- Danone SA
- Vygon SA
- Amsino International, Inc.
- Fuji Systems Corp
- Neomed
- Smiths Medical (Smiths Group)
Key Segments:
By Product Type:
- Enteral Feeding Pumps
- Nasogastric Tubes
- Nasojejunal Tubes
- Percutaneous Endoscopic Gastrostomy (PEG) Kit
- PEG Balloon Kit
- PEG Non-Balloon Kit
- Replacement G-Tubes
- Replacement Balloon G-Tubes
- Replacement Non-Balloon G-Tubes
- Percutaneous Endoscopic Gastro-Jejunostomy (PEGJ) Tubes
- Low-profile Tubes
- Low-profile Balloon Tubes
- Low-profile Non-Balloon Tubes
By Age Group:
- Adult
- Pediatric
By End User:
- Hospital
- Clinic
- Ambulatory Surgical Center
- Home Care Setting
By Region:
- North America
- Latin America
- Europe
- Asia Pacific (APAC)
- The Middle East & Africa (MEA)
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