Enteral Feeding Devices Market Profile, Conclusion And Analysis By Forecast 2028

According to Premium Market Insights new research study on "Enteral Feeding Devices Market is expected to grow from US$ 2933.83 million in 2022 to US$ 4090.70 million by 2028; it is expected to grow at a CAGR of 5.75% from 2022 to 2028.

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Some Of the Major Players Influencing are Abbott, B. Braun Melsungen AG, Boston Scientific Corporation, Cook Medical LLC, Danone SA, Moog Inc., Owens & Minor Inc., Cardinal Health Inc., NESTLé S.A., Fresenius Kabi AG

Enteral feeding devices refer to products that are used for enteral feeding procedures. These devices are inserted into the body through a minimally invasive procedure. Some of the common medical conditions requiring the use of enteral feeding devices include strokes, GI dysfunction, cancer, neurological disorders are among others. The enteral feeding devices products comprise of enteral feeding pumps, feeding tubes, and accessories.

The enteral feeding devices market is segmented on the basis of product, material, age group, application, end user, and geography. By geography, the market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. This report offers insights and in-depth analysis of the market, emphasizing parameters, such as market trends, market dynamics, and the competitive analysis of the globally leading market players.

Market Insights

Growing Demand for Enteral Feeding in Home Care Settings and Increasing Incidence of Chronic Diseases to Drive Enteral Feeding Devices Market Growth

The increasing cases of malnutrition have led to the development of government policies in various countries across the globe to develop nourishment programs that promote and encourage the use of enteral nutritional supplements. For instance, the Chinese government developed a program under the direct involvement of the President of China named Healthy China 2030, which developed a National Nutrition Plan (2017-2030) as the country has the second-largest undernourished population worldwide. This program targets malnutrition, anemia, breastfeeding, obesity, and other medical issues prevailing in the country and prevents them through appropriate nutrition and diet intake. Thus, the growing government support and increasing cases of malnutrition across the world are expected to promote the the enteral feeding devices market growth over the coming years.

Over the past few decades, research and development (R&D) in pre-and post-nutrition for various treatments has been growing across the globe due to the increasing prevalence of chronic diseases. The physicians adopt enteral feeding procedures in case of indications such as swallowing disorders, stroke or head injury, head and neck cancer, gastrointestinal malabsorption, cancer, neurological disorders, and gastrointestinal diseases. For instance, the American Cancer Society reported ~333,680 new cases of cancer related to the digestive system in the US in 2020. Enteral feeding products and services are highly used to administer nutrition to the patients. Thus, the increasing incidences of chronic diseases lead to several opportunities for the enteral feeding device market growth during the forecast period.

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Product-Based Insights

Based on product, the enteral feeding devices market is segmented into Enteral Feeding Tubes, Enteral Feeding Pumps, Administration Sets, Enteral Syringes, And Consumables. The enteral feeding pumps segment held the largest share of the market in 2022, and the enteral feeding tubes segment is expected to register the highest CAGR during the forecast period.

Enteral Feeding Devices Market, by Product - 2022 and 2028

Application-Based Insights

Based on application, the enteral feeding devices market is segmented into oncology, gastrointestinal diseases, neurological disorders, diabetes, hypermetabolism, and other applications. The oncology segment held the largest share of the market in 2022, and it is expected to register the highest CAGR during the forecast period.

Material-Based Insights

Based on material, the enteral feeding devices market is segmented into polyvinylchloride (PVC), polyurethane, and silicone. The polyvinyl chloride segment held the largest share of the market in 2022.

Age Group-Based Insights

Based on age group, the enteral feeding devices market is bifurcated into adults and pediatrics. The adult segment held a larger share of the market in 2022.

End User-Based Insights

Based on end user, the enteral feeding devices market is segmented into hospitals, ambulatory surgical centers, and home care settings. The hospitals segment held the largest share of the market in 2022; however, the home care settings segment is expected to register the highest CAGR during the forecast period.

Inorganic developments such as mergers & acquisitions and expansion are highly adopted strategies by the global enteral feeding devices market players. A few of the recent key market developments are listed below:

In May 2018, Owens & Minor Inc. acquired the surgical and infection prevention business of Halyard Health. As a result of this acquisition, Owens & Minor took a significant step in transforming the business into a global healthcare solutions provider. This acquisition has added a larger scale of business advantages to Owens & Minor's existing product portfolio and helped expand the company's addressable markets.

In July 2017, Cardinal Health acquired the patient recovery business of Medtronic. The patient recovery business comprises patient care, deep vein thrombosis, and the nutritional insufficiency business of Medtronic. The acquired business of Medtronic includes ~23 product categories across various markets. This acquisition has added different popular brands such as Curity, Kendall, Dover, Argyle, and Kangaroo to the product portfolio of the company.

In March 2017, Medela LLC received 510(k) clearance from the US Food and Drug Administration (FDA) to market ENFit Low Dose Tip enteral syringes. When used as intended, the ENFit Low Dose Tip can help to deliver accurate doses while reducing the risk of misconnections. This clearance completes Medela's line of NICU-specific enteral feeding system products, including syringes, syringe pumps, warmers, feeding tubes, and extension sets.

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Enteral Feeding Devices - Market Segmentation

The global enteral feeding devices market is segmented into product, material, age group, application, end user, and geography. Based on product, the enteral feeding devices market is segmented into enteral feeding tubes, enteral feeding pumps, administration sets, enteral syringes, and consumables. Based on application, the Enteral feeding devices market is segmented into oncology, gastrointestinal diseases, neurological disorders, diabetes, hypermetabolism, and other applications. Based on material, the enteral feeding devices market is segmented into polyvinylchloride (PVC), polyurethane, and silicone. Based on age group, the enteral feeding devices market is bifurcated adults and pediatrics. Based on end-user, the enteral feeding devices market is segmented into hospitals, ambulatory surgical centers and home care settings. By geography, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America.

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