USD 4.10 billion
Report ID:
SQMIG35A2771 |
Region:
Global |
Published Date: September, 2024
Pages:
157
|Tables:
126
|Figures:
74
Global Enteral Feeding Devices Market size was valued at around USD 3.8 billion in 2022 and is expected to rise from USD 4.1 billion in 2023 to reach a value of USD 6.6 billion by 2031, at a CAGR of 6.1% over the forecast period (2024–2031).
The rise in the geriatric population has contributed to a surge in occurrences of ailments such as diabetes, severe pancreatitis, and various gastrointestinal diseases, thereby propelling market growth for related medical devices and treatments.
Notably, the adoption of the “Feed Early Enteral Diet Adequately for Maximum Effect” (FEED ME) protocol in surgical trauma Intensive Care Units (ICUs) across the United States has facilitated subsidies for these medical devices. This adoption has significantly influenced the utilization and acceptance of these devices, fostering their accessibility and affordability.
Additionally, the field has witnessed notable technological advancements, such as the introduction of tri-funnel replacement G-tubes and J-tubes featuring reverse balloon designs.
These innovations are poised to play a pivotal role in the market's growth trajectory during the forecast period, offering improved functionalities and enhanced patient outcomes in the treatment of various gastrointestinal conditions, thus driving further advancements in this specialized medical field.
Global Market Size
USD 4.10 billion
Largest Segment
Low-Profile Balloon Gastrostomy
Fastest Growth
Oncology
Growth Rate
5.00% CAGR
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Global Enteral Feeding Devices Market is segmented by Product type, age group, application, end-use, and region. Based on Product type, the market is segmented into Enteral Feeding Tubes ( Enterostomy Feeding Tubes (Standard Tubes ( Standard Gastrostomy Tubes, Standard Jejunostomy Tubes, Standard Gastrojejunostomy Tubes), Low-profile Tubes ( Low-profile Gastrostomy Tubes, Low-profile Jejunostomy Tubes, Low-profile Gastrojejunostomy Tubes)), Nasoenteric Feeding Tubes ( Nasogastric Feeding Tubes, Nasojejunal Feeding Tubes, Nasoduodenal Feeding Tubes), Oroenteric Feeding Tubes), Enteral Feeding Pumps, Administration Sets, Enteral Syringes, and Consumables. Based on Age group, the market is segmented into Adults, and Pediatric. Based on Application, the market is segmented into Oncology (Head & Neck Cancer, Stomach & Gastrointestinal Cancer, Liver Cancer, Pancreatic Cancer, Esophageal Cancer, Other Cancer), Gastrointestinal Diseases, Neurological Disorders, Diabetes, Hypermetabolism, Other Applications. Based on End User, the market is segmented into Hospitals, Home Care Settings, Ambulatory Care Settings. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by End-Use
The home care segment is forecasted to experience the most rapid CAGR in the upcoming years within the enteral feeding devices market. Evidenced by statistics from organizations such as the Oley Foundation, over 344,000 individuals across all age groups in the U.S. rely on home enteral nutrition. Similarly, data from the British Artificial Nutrition Survey (BANS) reveals that more than 59% of individuals in the UK requiring support for home enteral tube feeding have contributed to the surge in demand for home care options.
In 2023, hospitals emerged as the dominant player in the market, commanding a significant 58.3% share. The growing awareness among healthcare professionals and other stakeholders concerning hospital-associated malnutrition stands as a pivotal factor poised to elevate the utilization and demand for enteral feeding devices within hospital settings. Additionally, several key factors contribute to driving the market growth within hospitals.
Analysis by Product
The low-profile balloon gastrostomy segment is poised for substantial growth, projected to expand at a notable CAGR of 5.4%. These devices have been introduced as viable alternatives to conventional gastrostomy tubes. Notably, leading products in this category, such as the Passport low-profile gastrostomy devices by Cook Medical and MIC-KEY manufactured by Kimberly-Clark, have garnered immense popularity and widespread prescription.
In 2023, the enteral feeding pump segment emerged as the dominant force in the market, securing a substantial 50.8% share. These pumps stand out for their specialized design aimed at providing safer and more intuitive nutritional care. Enteral feeding constitutes the method of delivering essential nutrients directly to the stomach through a tube, with the tube being connected to an electric pump. The growth of the market segment is anticipated to be fueled by the expanding healthcare infrastructure that plays a pivotal role in fostering the adoption and utilization of enteral feeding pumps. Secondly, continuous technological advancements within the medical devices segment contribute significantly to enhancing the capabilities and functionalities of these pumps, driving market growth.
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In 2023, North America maintained its position as the dominant market player, commanding a substantial share of 37.2%. The region's market growth is propelled significantly by the increasing number of premature infants requiring critical care. Statistics from the Centers for Disease Control and Prevention (CDC) highlight this trend, indicating that approximately 1 in 10 babies in the U.S. were born prematurely.
Asia Pacific is forecasted to witness the most rapid growth in the coming years within the enteral feeding devices market. The region boasts a substantial patient pool and a burgeoning geriatric demographic. Transformations in lifestyle patterns across Asia Pacific are contributing to a surge in the prevalence of several diseases, including cancer, diabetes, gastrointestinal disorders, and autoimmune conditions.
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Drivers
Rising Prevalence of Chronic Diseases to Augment Market Growth
Restraints
Lack of Awareness is Likely to Hinder Market Growth
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The competitive environment of the global enteral feeding devices market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry.
Top Player’s Company Profiles
Recent Developments
In November 2023, Kate Farms, the market leader bringing plant-based nutrition into healthcare, has announced the launch of its first whole food blended meals, coming to market in early 2024. Kate Farms Pediatric Blended Meals will introduce the first whole food formulas inspired by meals at home with resealable packaging that directly connects to common tube feeding devices, providing a convenient way to nourish people using feeding tubes.
In October 2023, US Food & Drug Administration (FDA) has approved OTC (over-the-counter) designation to EnteraLoc Flow. EnteraLoc Flow has been available to patients since 2021, and is hailed as the first closed loop feeding system for enteral patients. With this approval, patients and caregivers will now have greater flexibility to purchase nutrients as needed without waiting for a prescription.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The global enteral feeding devices market analysis reveals a dynamic marketplace with a number of standout trends and difficulties. The rising incidence of chronic ailments such as cancer, coupled with the prevalence of neurological disorders such as stroke, multiple sclerosis, and dementia, stands as a significant catalyst propelling the growth of the enteral feeding devices market. The expanding base of the geriatric population and the concurrent rise in individuals grappling with malnutrition are foreseen as key contributors fostering the increased adoption of enteral feeding devices. Furthermore, the escalating prevalence of premature births in emerging economies adds another substantial dimension, exerting a considerable impact and driving the expansive growth trajectory of the market.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 3.8 billion |
Market size value in 2031 | USD 6.6 billion |
Growth Rate | 6.1% |
Base year | 2023 |
Forecast period | 2024–2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Enteral Feeding Devices Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Enteral Feeding Devices Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Enteral Feeding Devices Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Enteral Feeding Devices Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
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Report ID: SQMIG35A2771
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