Press release
The enteral Feeding Devices Market Will Reach USD 6,141.4 Million By 2030
In 2023, the enteral feeding devices market had a total size of USD 3,824 million, and it is projected to hit USD 6,141.4 million by 2030, advancing at a rate of 7%, during the projection period.The increasing aging population has resulted in an increased incidence of severe diabetes, pancreatitis, and other stomach diseases, which make it problematic for the body to absorb nutrients from conservative food. Additionally, the increasing incidence of such diseases in adults and the pediatric populace is expected to fuel the market.
Based on product, the pump category is dominating the enteral feeding devices industry, primarily because these pumps are manufactured for safer and more instinctive care. Enteral feeding is the process of offering nutrients directly to the stomach through a tube, which is fixed to an electric pump. The technical enhancements in medical devices and healthcare infrastructure and medical are estimated to fuel the industry's growth, with industry companies introducing dependable, compact, and user-friendly devices.
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The biggest market share is held by the age group of adults. A paper issued by the NCBI specifies that about 70% of pregnant ladies go through nausea and vomiting. In these cases, enteral nourishment is used to dodge complications, like preterm birth, fatal intrauterine growth limitation, and dehydration for the mother.
Based on end-users, the hospital's category is dominating the sector. The increasing awareness among healthcare experts and others regarding hospital-linked malnutrition is one of the vital factors estimated to boost the utilization and need for enteral feeding devices in hospitals.
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Additionally, the rising count of ICU admissions and re-admissions, the rising requirement for enteral foods and preparations among severely ill patients, and the growing incidence of several chronic disorders such as diabetes, cancer, and others are some of the main factors that boost the market growth.
The North American region is leading the enteral feeding devices industry. The regional market growth is primarily propelled by a rising number of premature babies in critical care, with about 1 in 10 babies born prematurely in the U.S. in 2021, according to the CDC. Moreover, the rise in the aging populace, weak to chronic diseases like metabolic, gastrointestinal, and neurological syndromes, further boosts the industry.
On the other hand, APAC is estimated to witness the fastest development rate in the near future. The region aids from a significant patient pool and elderly populace. Lifestyle changes have contributed to an advanced occurrence of illnesses like diabetes, cancer, autoimmune diseases, and gastrointestinal disorders, leading to a raised need for enteral feeding devices for dietary management. Nations such as China and Japan, with huge aging populations in high danger of chronic conditions, are projected to propel the requirement for enteral feeding devices.
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