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Global Feeding Tubes Market: Growth Drivers, Key Trends, and Future Outlook Industry Market Analysis, Share, and Growth Insights Report 2024 - 2031
Feeding Tubes Market
The global feeding tubes market size is expected to reach US$ 9.69 billion by 2030, from US$ 6.34 billion in 2023, growing at a CAGR of 6.2% during the forecast period.
The Research report on Global Feeding Tubes Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.
Want to access more insights? If yes, access our full report @ https://www.coherentmi.com/industry-reports/global-feeding-tubes-market
Key Trends:
1. Increasing Prevalence of Chronic Diseases
The rising incidence of chronic conditions such as cancer, neurological disorders, and gastrointestinal diseases is driving the demand for feeding tubes. These conditions often impair patients' ability to swallow or digest food normally, necessitating the use of enteral feeding tubes for proper nutrition. The increase in the aging population, who are more prone to chronic diseases, is also a key factor in market growth.
2. Advancements in Enteral Feeding Devices
Technological advancements in feeding tube devices are improving patient care and comfort. Innovations include silicone-based tubes for longer durability, low-profile gastrostomy tubes that are less intrusive, and the integration of safety features like anti-clogging and automatic flow control to prevent tube blockage. These advancements are increasing the adoption of enteral feeding devices in both hospital and home care settings.
3. Rising Number of Geriatric Patients
The global population is aging, with a significant rise in the elderly demographic. As elderly individuals are more likely to suffer from dysphagia (difficulty swallowing), malnutrition, and other medical conditions requiring long-term feeding assistance, the demand for feeding tubes is expected to rise substantially. This trend is particularly strong in developed regions like North America and Europe, where healthcare services for the elderly are expanding.
4. Home Enteral Nutrition (HEN) Growth
There is a growing preference for home-based care due to its cost-effectiveness and the comfort it provides to patients. Feeding tubes are increasingly being used for home enteral nutrition (HEN), allowing patients with long-term nutritional needs to receive care at home rather than in a hospital setting. This trend is supported by improvements in portable feeding pumps and devices designed for home use.
Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):
❖By Product Type:
▪️ Nasogastric Tubes
▪️ Gastrostomy Tubes
▪️ Jejunostomy Tubes
▪️ Gastrojejunostomy Tubes
▪️ Low Profile Tubes
❖By Age Group:
▪️ Adults
▪️ Pediatrics
▪️ Neonates
❖By Application:
▪️ Oncology
▪️ Gastroenterology
▪️ Diabetes
▪️ Hypermetabolism
▪️ Others (Neurological Disorders and Others)
❖By Material Type:
▪️ Polyurethane
▪️ Polyvinyl Chloride (PVC)
▪️ Silicon
▪️ Others (Polyethylene, Teflon, etc.)
❖By End User:
▪️ Hospitals
▪️ Home Care Settings
▪️ Ambulatory Surgical Centers
▪️ Nursing Facilities
▪️ Others (Long-term Care Facilities and Others)
❖By Region:
▪️ North America
▪️ Europe
▪️ Asia Pacific
▪️ Latin America
▪️ Middle East
▪️ Africe
❖ Following are the players analyzed in the report:
▪️ VygonCardinal Health
▪️ Amsino International, Inc.
▪️ Fidmi Medical, Vesco Medical
▪️ McKesson Medical-Surgical
▪️ Medela AG
▪️ ALCOR Scientific, Nutricia
▪️ Medline Industries, Inc., Mead Johnson & Company, LLC.
▪️ Abbott, Meiji Holdi
Get access to the latest Edition of this Market Study (comprising 150+ pages): https://www.coherentmi.com/industry-reports/global-feeding-tubes-market/buynow
The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Global Feeding Tubes market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Global Feeding Tubes market?
4. What are the prominent market trends influencing the development of the Global Feeding Tubes market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Global Feeding Tubes market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?
Key insights provided by the report that could help you take critical strategic decisions?
➞ Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
➞ Reports provide opportunities and threats faced by suppliers in the Global Feeding Tubes industry around the world.
➞ The report shows regions and sectors with the fastest growth potential.
➞ A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
➞ The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
➞ This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
Author of this marketing PR:
Ravina Pandya, PR Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals.
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About CoherentMI:
At CoherentMI, we are a leading global market intelligence company dedicated to providing comprehensive insights, analysis, and strategic solutions to empower businesses and organizations worldwide. Moreover, CoherentMI is a subsidiary of Coherent Market Insights Pvt Ltd., which is a market intelligence and consulting organization that helps businesses in critical business decisions. With our cutting-edge technology and experienced team of industry experts, we deliver actionable intelligence that helps our clients make informed decisions and stay ahead in today's rapidly changing business landscape.
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