Global Enteral Feeding Devices Market Size, Share, Growth Analysis - Industry Forecast 2024-2031

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% during the forecast period (2024-2031).

The aging population has led to an increase in the prevalence of conditions including diabetes, severe pancreatitis, and other gastrointestinal disorders, which has fuelled the Global Enteral Feeding Devices Market for associated medical equipment and therapies. Subsidies for these medical equipment have been made possible, notably, by the implementation of the "Feed Early Enteral Diet Adequately for Maximum Effect" (FEED ME) protocol in surgical trauma intensive care units (ICUs) around the United States. The use and acceptance of these gadgets have been greatly impacted by their adoption, which has also increased their accessibility and affordability. In addition, the sector has seen significant technological developments with the introduction of J-tubes with reverse balloon designs and tri-funnel replacement G-tubes. These developments, which provide better functionalities and improved patient outcomes in the treatment of various gastrointestinal conditions, are expected to have a significant impact on the market's growth trajectory during the forecast period and spur additional advancements in this specialized medical field.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Enteral Feeding Devices Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Enteral Feeding Devices Market Segmental Analysis

There are five distinct segments within the worldwide enteral feeding devices market: product, age group, end user, application, and geography. The market is divided into product categories such as enteral feeding pumps, enteral feeding tubes, gastrostomy feeding tubes, percutaneous endoscopic gastrostomy feeding tubes, balloon gastrostomy tube, low-profile balloon gastrostomy (button), percutaneous endoscopic jejunostomy (PEJ) tubes, percutaneous radiologic gastrostomy and jejunostomy tubes, nasoenteric feeding tubes, nasogastric feeding tubes, nasojejunal feeding tubes, nasoduodenal feeding tubes, oroenteric feeding tubes, enteral syringes, giving set, consumables. The market is divided into two age groups: adults and pediatrics. The market is divided into segments based on applications, including malnourishment, neurological disorders, gastrointestinal diseases, cancer, head and neck cancers, gastrointestinal cancers, liver cancer, pancreatic cancer, esophageal cancer, and other applications. By end user the market is segmented as hospitals, ambulatory surgical centers (ASCs), home care. By region the market is segmented as, North America, Europe, Asia-Pacific, MEA, and Latin America.

Drivers of the Global Enteral Feeding Devices Market

One major factor behind the growing need for enteral feeding systems is the rising incidence of chronic disorders. A persistent increase in the incidence of chronic illnesses, which include diseases like Alzheimer's, ADHD, osteoporosis, osteoarthritis, disorders of the central nervous system, and other medical conditions, calls for careful clinical nutrition therapy. Among those battling these long-term health conditions, the elderly population is a notable subgroup that heavily depends on enteral feeding tubes.

Restraints in the Global Enteral Feeding Devices Market

The medical community's overall ignorance of enteral nutrition's advantages and effectiveness is the root cause of its restricted use. Medical professionals' supervision and prescriptions are required for the usage of enteral feeding systems. These products are still widely misunderstood by patients, doctors, and pharmacists, despite a slow but steady increase in popularity.

Market Trends of the Global Enteral Feeding Devices Market

Enteral feeding systems use a tube that is put directly into the stomach or small intestine to provide necessary nutrients through the gastrointestinal (GI) tract. Patients who struggle to consume enough calories orally but still have the appropriate gastrointestinal function for absorption and digesting are advised to use these devices. Enteral feeding devices are widely used in a variety of healthcare settings, such as intensive care units (ICUs), operation rooms (OTs), critical care units (CCUs), and even in-home care settings. They are essential in supplying necessary nutrition to people who have difficulties with traditional oral intake.