What is the global market size of Enteral Feeding Devices Market?

Global Enteral Feeding Devices Market size was valued at USD 4.10 billion in 2022 and is poised to grow from USD 4.31 billion in 2023 to USD 6.36 billion by 2031, growing at a CAGR of 5.00% in the forecast period (2024-2031).

Enteral Feeding Devices Market Size, Share, Growth Analysis, By Product type(Enteral Feeding Tubes ( Enterostomy Feeding Tubes (Standard Tubes (Standard Gastrostomy Tubes, Standard Jejunostomy Tubes, Standard Gastrojejunostomy Tubes), Low-profile Tubes ( Low-profile Gastrostomy Tubes), By Age Group(Adults, Pediatric), By Application(Oncology (Head & Neck Cancer, Stomach & Gastrointestinal Cancer, Liver Cancer, Pancreatic Cancer), By End User(Hospitals, Home Care Settings, Ambulatory Care Settings), By Region - Industry Forecast 2024-2031

Report ID: SQMIG35A2771 | Region: Global | Published Date: September, 2024
Pages: 157 | Tables: 126 | Figures: 74

Enteral Feeding Devices Market Regional Insights

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.

Enteral Feeding Devices Market Report Snapshots

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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 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. 'Fresenius SE & Co. KGaA ', 'Cardinal Health ', 'Nestlé S.A. ', 'Avanos Medical, Inc. ', 'Danone S.A. ', 'Becton, Dickinson and Company ', 'B. Braun Melsungen AG ', 'CONMED Corporation ', 'Cook Medical ', 'Moog Inc. ', 'Boston Scientific Corporation ', 'Baxter International Inc. ', 'Vygon ', 'Applied Medical Technology, Inc. ', 'Amsino International, Inc. ', 'Danumed Medizintechnik GmbH ', 'Medline Industries, LP ', 'Fuji Systems Corporation ', 'Kentec Medical ', 'Dynarex Corporation ', 'Vesco Medical, LLC ', 'Medela AG ', 'Romsons'

The escalating prevalence of chronic diseases stands as a significant driver behind the burgeoning demand for enteral feeding devices. A consistent upward trend in chronic ailment occurrences, encompassing conditions such as Alzheimer’s disease, Attention Deficit Hyperactivity Disorder (ADHD), osteoporosis, osteoarthritis, central nervous system disorders, and various other health conditions, necessitates meticulous clinical dietary management. Amongst individuals grappling with these chronic health issues, the geriatric population stands out as a significant demographic relying extensively on enteral feeding devices.

Enteral feeding devices serve the purpose of delivering essential nutrition through the gastrointestinal (GI) tract, employing a tube directly inserted into the stomach or small intestine. These devices are recommended for patients experiencing difficulties in consuming sufficient calories orally, yet possess the requisite gastrointestinal function necessary for digestion and absorption. Widely utilized across various healthcare settings, including intensive care units (ICUs), operation theatres (OTs), critical care units (CCUs), and even in-home care environments, enteral feeding devices play a pivotal role in providing crucial nourishment to individuals who encounter challenges in traditional oral intake.

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Enteral Feeding Devices Market Regional Insights

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