Press release
Growth Prospects in the Global Enteral Feeding Devices Market: Insights into Market Size, CAGR, Key Drivers and Trends
Enteral Feeding Devices Market Size
The enteral feeding devices market is experiencing strong growth, fueled by an aging population and the prevalence of chronic diseases.
What Is The Projected Market Size Of The Global Enteral Feeding Devices Market And Its Growth Rate?
The market for enteral feeding devices is anticipated to significantly expand:
• From $4.43 billion in 2024 to $4.76 billion in 2025, indicating a CAGR of 7.5%.
• Expected to grow to $6.98 billion in 2029 at a CAGR of 10.1%.
Factors such as an aging population, chronic diseases, increased hospital admissions, and home-based care are driving the market's historic growth. In the forecast period, growth can be attributed to increased patient-centric care, emerging markets, health insurance reimbursement, focus on sustainability and environment, as well as ongoing research and development efforts.
What Is Driving The Growth In The Enteral Feeding Devices Market?
The surge in the number of preterm births is a significant growth driver for the enteral feeding devices market, as these devices are often used to provide immediate nutrition to preterm birth babies. Factors contributing to the surge in preterm births include 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, a US report indicated that the preterm birth rate increased by 4% in 2021, reaching 10.48%.
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Who Are the Key Players Driving Enteral Feeding Devices Market Growth?
Major players in the enteral feeding devices market include:
• Fresenius Kabi AG
• Nestle SA
• Moog Inc
• B. Braun Melsungen AG
• Cardinal Health Inc
• Danone S.A.
• Cook Medical
• Becton, Dickinson and Company
• Abbott Laboratories
• Vygon Group
• Amsino International Inc.
What Are The Key Trends In The Enteral Feeding Devices Market?
Key trends in the forecast period include:
• Nutritional personalization
• Minimizing infection risks
• Smart enteral feeding system
• Compact and portable devices
• Utilization of artificial intelligence (AI)
What Are The Segments Of The Global Enteral Feeding Devices Market?
The market is segmented as follows:
1) By Product: Enteral Feeding Tubes, Enteral Feeding Pumps, Administration Sets, Enteral Syringes, Other Consumables.
2) By Application: Oncology, Gastrointestinal Diseases, Neurological Disorders, Diabetes, Other Applications.
3) By End User: Hospitals, Home Care Settings, Ambulatory Care Settings, Other End Users.
Which Region Leads The Enteral Feeding Devices Market?
In 2024, North America was the largest region in the enteral feeding devices market. The Asia-Pacific market has the fastest growth forecast. The report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What Is Covered In The Enteral Feeding Devices Market Global Market Report?
- Market Size Analysis: Analyze the Enteral Feeding Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Enteral Feeding Devices Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Enteral Feeding Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Enteral Feeding Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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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…
