PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1224469
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1224469
Enteral Feeding Devices Market size was valued at USD 3,599.6 Million in 2022, expanding at a CAGR of 6.3% from 2023 to 2030.
Enteral feeding devices are medical devices used to provide nutrition to individuals who are unable to take food by mouth. This may be due to a variety of reasons, such as surgery, injury, illness, or a digestive disorder. Enteral feeding can be delivered through a variety of devices, including nasogastric tubes, gastrostomy tubes, and jejunostomy tubes.
Enteral Feeding Devices Market- Market Dynamics
Enteral feeding devices refer to medical equipment used to deliver nutrients directly into the gastrointestinal tract for individuals who are unable to consume food orally. The market for enteral feeding devices has been growing in recent years due to several factors, including an increasing number of patients with chronic diseases and disabilities, an aging population, and advancements in medical technology.
Increasing demand for home-based enteral feeding: With advances in technology, patients are now able to receive enteral feeding in the comfort of their own homes. This has led to an increase in demand for home-based enteral feeding devices, which is driving the growth of the market. Growing prevalence of chronic diseases: Chronic diseases such as diabetes, cancer, and neurological conditions can lead to malnutrition, which in turn can result in the need for enteral feeding. The growing prevalence of these conditions is expected to drive the growth of the enteral feeding devices market.
Further, the enteral feeding devices market is expected to benefit from technological advancements such as the development of more sophisticated and user-friendly devices. This includes the development of devices with features such as automated feeding and real-time monitoring capabilities.
Enteral Feeding Devices Market- Segmentation Analysis:
The Global Enteral Feeding Devices Market can be segmented based on product type, application, end-user, and geography.
In terms of product type enteral feeding devices market can be segmented into feeding tubes, feeding pumps, syringes, and accessories, among others. The top segment in the enteral feeding devices market, in terms of product type, is nasogastric (NG) tubes. NG tubes are a type of enteral feeding device that is inserted through the nose and into the stomach to provide nutrition to patients who cannot consume food orally. They are the most commonly used type of enteral feeding device and are suitable for patients of all age groups. Other types of enteral feeding devices include gastrostomy tubes (G-tubes), jejunostomy tubes (J-tubes), and others, but NG tubes hold the largest share of the market.
The enteral feeding devices market can be segmented into home care, hospitals, and long-term care facilities based on application. Among these segments, hospitals are currently the largest end-users of enteral feeding devices. This is mainly due to the increasing number of patients with chronic diseases such as cancer, gastrointestinal disorders, and neurological disorders who require long-term enteral nutrition support. Additionally, the growth of geriatric populations and the increasing incidence of diseases requiring hospitalization are also driving the demand for enteral feeding devices in hospitals.
The enteral feeding devices market can be segmented into adults and pediatrics based on the end users.
Enteral Feeding Devices Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
Enteral Feeding Devices Market-Competitive Landscape:
The enteral feeding devices market is highly competitive, with a large number of players operating in the market. These players are adopting various strategies such as mergers and acquisitions, collaborations, partnerships, and product launches to expand their market share and increase their product offerings. In terms of market share, B. Braun Melsungen AG, Nestle Health Science, and Abbott Laboratories are some of the leading players in the market. These companies have a strong brand image, a widespread distribution network, and a wide range of product offerings, which has helped them to establish a strong presence in the market.
The market is also characterized by intense competition between large multinational corporations and smaller regional players. The larger companies are focusing on improving their existing product portfolios and expanding their geographic reach, while the smaller players are focusing on innovation and the development of niche products to gain a competitive edge.
Key features of the study:
This proposed research study on Enteral Feeding Devices Market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2023-2030), considering 2022 as the base year
The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Enteral Feeding Devices Market
The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Enteral Feeding Devices Market
Impact of COVID-19 on Enteral Feeding Devices Market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Enteral Feeding Devices Market post-COVID will also be covered.
In order to give the users of this report a comprehensive view on the Enteral Feeding Devices Market, we have also included competitive landscape and key innovator analysis for the Enteral Feeding Devices Market.
The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
The report offersdetailed company profiling featuring major market participantswhich will help users to understand their financial information and strategic initiatives of players operating in the Enteral Feeding Devices Market.
In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
The global Enteral Feeding Devices Market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL ENTERAL FEEDING DEVICES MARKET KEY PLAYERS
B. Braun Melsungen AG
Nestle Health Science
Abbott Laboratories
Becton, Dickinson and Company (BD)
ConvaTec Group PLC
Fresenius Kabi AG
Medtronic PLC
Moog Inc.
Danone Nutricia
Terumo Corporation
GLOBAL ENTERAL FEEDING DEVICES MARKET, BY PRODUCT TYPE
Enteral Feeding Pumps
Enteral Feeding Tubes
Enteral Feeding Sets
Enteral Feeding Accessories
GLOBAL ENTERAL FEEDING DEVICES MARKET, BY APPLICATION
Home care
Hospitals
Long-term care facilities
GLOBAL ENTERAL FEEDING DEVICES MARKET, BY END-USER
Adults
Pediatrics
GLOBAL ENTERAL FEEDING DEVICES MARKET, BY REGION
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Russia
Netherlands
Sweden
Poland
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Israel
Turkey
Algeria
Egypt
Rest of MEA