Press release
Enteral Feeding Devices Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2308The Business Research Company offers in-depth market insights through Enteral Feeding Devices Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The enteral feeding devices market size has grown strongly in recent years. It will grow from $4.2 billion in 2023 to $4.55 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to aging population, prevalence of chronic diseases, increased hospital admissions, increase in home-based care, regulatory support.
The enteral feeding devices market size is expected to see strong growth in the next few years. It will grow to $6.39 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to increased patient-centric care, emerging markets, health insurance reimbursement, focus on sustainability and environment, ongoing research and development efforts. Major trends in the forecast period include nutritional personalization, minimizing infection risks, smart enteral feeding system, compact and portable devices, utalizing artificial intelligence (ai).
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Market Segmentation:
The main product types of enteral feeding devices are enteral feeding tubes, enteral feeding pumps, administration sets, enteral syringes, and other consumables. The enteral feeding tubes are medical tubes that deliver liquid food to patients who cannot intake food by mouth or due to other conditions. The various applications include oncology, gastrointestinal diseases, neurological disorders, diabetes, and others that are used by end-users such as hospitals, home care settings, ambulatory care settings, and others.
Major Driver - The Surging Number Of Preterm Births Fueling Growth In The Enteral Feeding Devices Market
The surge in the number of preterm births is expected to propel the growth of the enteral feeding devices market. Preterm births are births that occur before the 37th week of pregnancy. Enteral feeding devices are often used to supplement breast milk to provide milk immediately to preterm birth babies. There is a surge in the number of preterm births due to multiple pregnancies, adolescent pregnancy rates, caesarean deliveries before full-term, unnecessary inductions, infections, and chronic conditions such as diabetes and high blood pressure. For instance, in May 2022, according to the Centers for Disease Control and Prevention, a US-based national public health agency, the report indicates preterm birth rate increased by 4% in 2021, reaching 10.48%. Therefore, the surge in the number of these preterm births drives the enteral feeding device market.
Competitive Landscape:
Major companies operating in the enteral feeding devices market include Fresenius Kabi AG, Nestle SA, Moog Inc, B. Braun Melsungen AG, Cardinal Health Inc, Danone S.A., Conmed Corporation, Cook Medical, Becton, Dickinson and Company, Abbott Laboratories, Boston Scientific Corporation, Vygon Group, Amsino International Inc., Applied Medical Technology Inc., Avanos Medical Inc., Fidmi Medical, Vesco Medical LLC, Dynarex Corporation, Medela Inc., Alcor Scientific, Kimberly-Clark Corporation, Intervene Group Limited, Technopath Solutions Inc, Biometrix Corporation, Thomas Magnete GmbH, Halyard Health Inc., Medtronic plc, Medline Industries Inc., ALCOR Scientific Inc., ENvizion Medical, Fuji Systems Corporation, Kentec Medical Inc., Romsons Group of Industries, C. R. Bard GmbH
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Top Trend - Technological Advancements In Enteral Feeding Devices Market
Technological advancements are a key trend gaining popularity in the enteral feeding devices market. Enteral feeding devices are used to provide nutritional needs by tube feedings. Many companies are launching new advanced and efficient products in the enteral feeding devices market. For instance, in May 2021, the Israel based enteral feeding devices company ENvizion Medical developed a feeding tube navigation system for accurate enteral tube placement in adult patients consisting of an electro-mechanical device with embedded software and enteral feeding tubes. The ENvue system creates a personalized body map of patients, which thus allows medical staff to precisely place the tube in the stomach or small intestine through the oral or nasoenteric route.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Enteral Feeding Devices Market Characteristics
3. Enteral Feeding Devices Market Trends And Strategies
4. Enteral Feeding Devices Market - Macro Economic Scenario
5. Enteral Feeding Devices Market Size And Growth
…..
27. Enteral Feeding Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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Administration of medication & enteral feeding
Introduction
An adequate way to deliver nutrients directly to the gastrointestinal tract is through enteral feeding. This definition applies to orogastric, nasogastric, and gastrostomy tube feeding in this recommendation. For a variety of causes, along with the following, a wide range of kids may need enteral feeding for a short or long time:
Not being able to consume enough nutrientsPoor swallowing or suckingStructural issues with the face or oesophagusAnorexia brought on by…