Press release
Enteral Feeding Devices Market Forecast to Grow at 6.1% CAGR from 2024 to 2031 | SkyQuest Technology
Global Enteral Feeding Devices Market size was valued at around USD 4.1 billion in 2023 to reach a value of USD 6.6 billion by 2031, at a CAGR of 6.1% over the forecast period (2024-2031).Enteral Feeding Devices Market Forecast to Grow at 6.1% CAGR from 2024 to 2031 | SkyQuest Technology
Global Enteral Feeding Devices Market [https://www.skyquestt.com/report/enteral-feeding-devices-market] size was valued at around USD 3.8 billion in 2022 and is expected to rise from USD 4.1 billion in 2023 to reach a value of USD 6.6 billion by 2031, at a CAGR of 6.1% over the forecast period (2024-2031).
The enteral feeding devices market is expected to grow drastically with the rising cases of preterm births, chronic illnesses, and the ageing population. The world has recorded cases of chronic diseases, including diabetes, cancer, neurological disorders, and gastrointestinal illnesses. Factors that have been linked to such an incidence trend include aging populations and lifestyles, heightened cases of obesity and sedentary lifestyle. The disease conditions often compromise an individual's ability to eat and digest food normally, leading to the increased need for alternate nutritional support approaches, for instance, enteral nutrition. Moreover, the growing rate of preterm deliveries is anticipated to drive the enteral feeding devices market.
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Enteral Feeding Devices Market Segmental Analysis
Global Enteral Feeding Devices Market is segmented by Product type, age group, application, end-use, and region.
Based on Product type, the market is segmented into Enteral Feeding Tubes ( Enterostomy Feeding Tubes (Standard Tubes ( Standard Gastrostomy Tubes, Standard Jejunostomy Tubes, Standard Gastrojejunostomy Tubes), Low-profile Tubes ( Low-profile Gastrostomy Tubes, Low-profile Jejunostomy Tubes, Low-profile Gastrojejunostomy Tubes)), Nasoenteric Feeding Tubes ( Nasogastric Feeding Tubes, Nasojejunal Feeding Tubes, Nasoduodenal Feeding Tubes), Oroenteric Feeding Tubes), Enteral Feeding Pumps, Administration Sets, Enteral Syringes, and Consumables.
Based on Age group, the market is segmented into Adults, and Pediatric.
Based on Application, the market is segmented into Oncology (Head & Neck Cancer, Stomach & Gastrointestinal Cancer, Liver Cancer, Pancreatic Cancer, Esophageal Cancer, Other Cancer), Gastrointestinal Diseases, Neurological Disorders, Diabetes, Hypermetabolism, Other Applications.
Based on End User, the market is segmented into Hospitals, Home Care Settings, Ambulatory Care Settings.
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Applications and Benefits of Enteral Feeding Devices Across Healthcare Settings
Enteral feeding systems refer to a tube put directly into the stomach or small intestine to provide necessary nutrients through the gastrointestinal tract. For patients who cannot consume enough calories orally but have proper function through their gastrointestinal tract for absorption, these devices are usually recommended. Enteral feeding devices are found to be widely used across various types of healthcare settings such as intensive care units, operation rooms, critical care units, and in-home care as well. They are of extreme importance in supplying necessary nutrition to patients who are either unable or simply cannot consume nutrition through their mouths.
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This report covers following key players:
* Fresenius SE & Co. KGaA
* Cardinal Health
* Nestle S.A.
* Avanos Medical, Inc.
* Danone S.A.
* Becton, Dickinson and Company
* B. Braun Melsungen AG
* CONMED Corporation
* Cook Medical
* Moog Inc.
* Boston Scientific Corporation
* Baxter International Inc.
* Vygon
* Applied Medical Technology, Inc.
* Amsino International, Inc.
* Danumed Medizintechnik GmbH
* Medline Industries, LP
* Fuji Systems Corporation
* Kentec Medical
* Dynarex Corporation
* Vesco Medical, LLC
* Medela AG
* Romsons
How Innovation is Redefining the Global Enteral Feeding Devices Market
This is the very dynamic competitive landscape of the global enteral feeding devices market, with traditional brands coupled with new companies and specialty manufacturers. Innovation forms an essential element of competition. To adapt to the shifting tastes of the customers, leading firms invest in R&D in the form of new flavors, package designs, and health-conscious variants. They often set trends in the industry.
Exploring the Latest Advances in Enteral Feeding Devices and Nutritional Solutions
The enteral feeding devices market is still growing rapidly due to constant technological breakthroughs and ideas that increase patient comfort and improved care. New progress in this industry reflects an increased interest in patients' quality of life through enteral feeding. For the varied needs, including easier high-tech feeding systems and plant-based nutritional substitutes, companies are launching innovative products and services. Such products represent a new stage in the maturity of development and innovative design in enteral feeding technology and demonstrate the intent of the industry to fulfill the evolving needs of patients and professionals delivering healthcare.
Key Innovations by Market Players
* In November 2023, Kate Farms, a company pioneering the integration of plant-based nutrition with healthcare, announced that its first full food blended meals will be sold in store early 2024. Designed with resealable packaging to directly connect to popular tube feeding systems, the new Kate Farms Pediatric Blended Meals represent a real practical alternative in helping nourish those requiring some forms of tube feeding based on the very first whole food formulations built on meals at home.
* In October 2023, The FDA cleared the sale of EnteraLoc Flow, the first closed loop feeding device for enteral patients, for OTC over-the-counter sale. The company's EnteraLoc Flow, which is considered as the first closed loop feeding device for enteral patients, now receives permission from the FDA for the sale for the first time in over-the-counter sales. This kind of permission will make it easy for patients to avail themselves of nutrition whenever needed instead of waiting for a prescription from any physician.
* In September 2023, Cardinal Health recently introduced the Kangaroo OMNI Enteral Feeding Pump. This is an effort to give patients undergoing enteral feeding a more customized experience, specific to their needs, through the process of enteral feeding.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/enteral-feeding-devices-market
This report covers following segments:
A. Product Type
* Enteral Feeding Tubes
* Enteral Feeding Pumps
B. Age Group
* Adults
* Pediatric
C. Application
* Oncology
* Gastrointestinal Diseases
Impact of Chronic Illnesses on Enteral Feeding Usage
Enteral feeding systems are growing fast, for instance, with increased incidence of neurological disorders such as dementia, multiple sclerosis, and stroke, and the rising prevalence of chronic diseases, including cancer. An increased number of elderly people that automatically means increased malnutrition suffer is predicted to have increased use of enteral feeding systems.
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