Enteral Nutrition Market is Estimated to Witness High Growth by 2030 | Abbott, Nestlé S.A., Danone S.A., Fresenius Kabi AG

The Enteral Nutrition Market is estimated for 2023 for the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. The global enteral nutrition market is estimated to be valued at US$ 3.1 Billion in 2023 and is expected to exhibit a CAGR of 5.8% during the forecast period (2023-2030).
Market Overview:

Enteral nutrition is the delivery of nutrients into the gastrointestinal tract via a tube, such as a nasogastric tube, gastrostomy tube, or jejunostomy tube. It is used to help patients who cannot obtain nutrition through diet alone, usually due to illness or disability that makes oral intake difficult or impossible.

Market Dynamics:

The enteral nutrition market is driven by the rising prevalence of chronic diseases such as cancer, neurological disorders, gastrointestinal disorders among others. According to World Health Organization, chronic diseases are the leading cause of mortality worldwide, representing 63% of all deaths. Cancer is a leading cause of death worldwide, accounting for nearly 10 million deaths in 2020. Furthermore, the market also witnesses growth due to increasing demand for home enteral nutrition. Home enteral nutrition allows patients to receive customized nutrition in the comfort of their own homes, avoiding distress and inconvenience of visiting hospitals frequently. This factor is positively impacting the demand for home enteral tubes and feeds.

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Some of the Top Players in Enteral Nutrition Market: 

Abbott, Nestlé S.A., Danone S.A., Fresenius Kabi AG, Mead Johnson & Company, LLC, Braun Melsungen AG, Otsuka Pharmaceutical Co., Ltd, Meiji Holdings Co., Ltd., Bahrain Pharma, Bionova Lifesciences, Global Health Products Inc., Victus Inc., Curtis Health Caps SP

Detailed Segmentation:

Global Enteral Nutrition Market, By Product Type:
Standard Enteral Nutrition
Enteral Nutrition for Chronic Illness

Global Enteral Nutrition Market, By Nutrition Type:
Proteins
Carbohydrates
Multi-vitamins and Antioxidants
Amino Acid
Fibers
Minerals
Others

Global Enteral Nutrition Market, By Formulation:
Powder
Liquid

Global Enteral Nutrition Market, By Patient Type:
Adult
Pediatrics
Geriatrics

Global Enteral Nutrition Market, By Application:
Cancer
Gastrointestinal Diseases
Diabetes
Critical Care
Others (Nutrition Deficiency, etc.)

Global Enteral Nutrition Market, By Distribution Channel:
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

Global Enteral Nutrition Market, By End User:
Hospitals
Home Care Settings
Retirement Homes
Others (Nursing Care Centers, Rehabilitation Care Centers, etc.)

Regional Analysis -

‣ North America (USA and Canada)
‣ Europe (UK, Germany, France and the rest of Europe)
‣ Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
‣ Latin America (Brazil, Mexico, and the rest of Latin America)
‣ Middle East and Africa (GCC and rest of the Middle East and Africa)

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Aging Population and Increased Prevalence of Chronic Diseases Drive Growth in the Enteral Nutrition Market

The growing geriatric population susceptible to chronic health conditions is a major driver of growth in the enteral nutrition market. As people age, the risk of developing chronic diseases and conditions that require nutritional support increases significantly. Diseases like cancer, gastrointestinal disorders, neurological disorders are highly prevalent in older individuals. Enteral nutrition offers a practical way to ensure proper nourishment for patients suffering from such conditions who have difficulties consuming food orally. The demand for tube feeding and nutrient formulas tailored to disease-specific needs is steadily rising with the rising burden of chronic illnesses worldwide.

Rising Incidence of Preterm Births is Boosting Sales of Pediatric Enteral Nutrition Products

Another important driver for the enteral nutrition industry is the rise in preterm births globally. Premature infants have underdeveloped organs and digestive systems and are unable to feed orally in the initial months. Enteral tube feeding allows them to gain weight and strength until they mature sufficiently. As per WHO estimates, over 15 million babies are born preterm each year. This has led to a growing need for pediatric enteral formula products designed for the nutritional requirements of preterm and low birth weight babies. Specialized formulas enriched with proteins, vitamins, and minerals help support the development of preemie babies.

Lack of Reimbursements Acts as a Market Restrain

One major factor hampering the growth of the enteral nutrition market is the lack of proper insurance coverage and reimbursement policies for enteral feeding products and procedures. Enteral feeding involves medical supervision and costly supplies like feeding tubes and formulas. However, insurance providers do not always cover the entire costs. This makes enteral nutrition unaffordable for a large population relying on public healthcare. The out-of-pocket expenses discourage regular usage and compliance. Absence of universal reimbursement guidelines restricts wider adoption of enteral feeding methods to some extent.

Telemedicine and Digital Health Solutions Open New Opportunities

The rapid digitalization of the healthcare industry presents lucrative opportunities for enteral nutrition market players. Technologies like telemedicine, remote patient monitoring devices, and online consultation platforms can help overcome challenges arising from physical access and affordability issues. They enable clinicians to provide enteral feeding support, education, and supervision to homebound patients remotely. Digital health solutions also aid with automatic monitoring of calorie and fluid intake. Players are focusing on developing smart pump systems, tube feeding apps, and integrated e-health platforms to tap the potential of tele-nutrition and improve treatment outcomes as well as customer engagement opportunities.

Personalized and Disease-Specific Products Gain Momentum

One of the key trends witnessed in the enteral nutrition industry is the shifting focus towards formulation of personalized and disease-specific products. Major companies are investing heavily in clinical trials to develop customized formulas targeting the distinct nutrient deficiencies and metabolic disturbances associated with various chronic conditions. Tailored products for cancer, diabetic, renal failure, liver disease patients are growing in demand. Similarly, stage-specific preterm infant formulas are also gaining popularity. This trend allows for optimal nutritional support and likely boosts the effectiveness of enteral therapy. It also enhances customer loyalty by addressing individual health needs more comprehensively.

Questions Answered by the Report:

(1) Which are the dominant players of the Enteral Nutrition Market?
(2) What will be the size of the Enteral Nutrition Market in the coming years?
(3) Which segment will lead the Enteral Nutrition Market?
(4) How will the market development trends change in the next five years?
(5) What is the nature of the competitive landscape of the Enteral Nutrition Market?
(6) What are the go-to strategies adopted in the Enteral Nutrition Market?

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Table of Contents

Chapter 1 Market Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Market Size Analysis from 2023 to 2030

Chapter 2 Competition by Types, Applications, and Top Regions and Countries
2.1 Market (Volume and Value) by Type
2.3 Market (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Worldwide Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Enteral Nutrition Sales, Consumption, Export, Import by Regions (2023-2023)
Chapter 5 North America Market Analysis
Chapter 6 Europe Market Analysis
Chapter 7 Middle East and Africa Market Analysis
Chapter 8 Asia Pacific Market Analysis
Chapter 9 Latin America Market Analysis
Chapter 10 Company Profiles and Key Figures in Enteral Nutrition Business
Chapter 11 Market Forecast (2023-2030)
Chapter 12 Conclusions

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