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The global enteral feeding devices market size reached a value of around USD 3.51 billion in 2023. The market is further expected to grow at a CAGR of 6.4% during the forecast period of 2024-2032, likely to attain a value of around USD 6.12 billion by 2032.
Enteral feeding devices refer to feeding tubes which are placed directly into the digestive tracks, from the nose, mouth, or skin to the stomach or small intestines of the patients, depending on their condition. This approach is used to feed food, fluids, nutrition, and even medicines to the patients who are unable to eat or swallow on their own due to various reasons. The devices are also used for patients who are at the risk of food going into their trachea.
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The growth of the enteral feeding devices market is being driven by the rising geriatric population and the rapidly rising prevalence of chronic diseases, which often make patients bed-ridden and unable to consume or swallow on their own. Rising prevalence of chronic disorders like heart ailments, gastrointestinal disorders, diabetes, neurological disorders, and cancers, among others, lead to a higher demand for feeding devices. Apart from these diseases, the demand for the devices is also spiked by the rapidly rising cases of premature births where babies are often fed using these devices to ensure that they are given the required nutrition and absolute care. The shift from parenteral to enteral feeding is also aiding the demand for enteral feeding devices.
The market is witnessing significant technological advancements, and with the increasing emphasis on better and advance healthcare infrastructure, the demand for such devices is on a rise. The growing awareness about the uses and advantages of enteral feeding over parenteral feeding is anticipated to create further opportunities for the market.
Based on type, the market is divided into product, age group, application, end user, and region.
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Market Breakup by Product
Market Breakup by Age Group
Market Breakup by Application
Market Breakup by End User
Market Breakup by Region
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The market has been witnessing significant growth and is likely to continue registering rise in demand owing to the rising investment in research and development of innovative and advanced products. Based on regional markets, Asia Pacific has been witnessing robust growth owing to the rising prevalence of chronic disease in countries like India and China.
The rapid development of the healthcare infrastructure, especially in the developing regions, is anticipated to propel the growth of the market. Governments are increasingly investing in the development of these devices, as well as in raising the awareness about the uses and the adoption of these devices.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global enteral feeding devices market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by Age Group |
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Breakup by Application |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market attained a value of USD 3.51 billion in 2023, driven by the rising cases of neurovascular diseases across the globe.
The market is anticipated to grow at a CAGR of 6.4% during the forecast period of 2024-2032 to attain a value of around USD 6.12 billion by 2032.
The growth of the market is driven by factors like rising awareness about the disease, increasing availability of the treatment, and the rapid technological advancements.
The key trends which are bolstering the market growth include the rising investment and fundings by government and healthcare organizations.
The major regional markets include North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The products in the market can be categorized into intensive care enteral feeding devices, portable enteral feeding devices, and neonatal enteral feeding devices.
The age groups in the market include adults and paediatrics.
The devices find wide applications in oncology, neurology, critical care, diabetes, and gastroenterology, among others.
The end-users in the market include hospitals, diagnostic centres, and ambulatory surgical centres, among others.
The key players in the market can be categorised into B. Braun Melsungen AG, Boston Scientific Corporation, Conmed Corporation, Cardinal Health, Becton Dickinson and Company, Nestlé S., Fresenius Kabi AG, Avanos Medical, BD, and Danone.
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