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Emerging Enteral Feeding Tube Equipment Market share Trend 2025-2034: Advancements In Enteral Feeding Tube Technology The Role Of Innovation And New Developments
How Is the Enteral Feeding Tube Equipment Market Projected to Grow, and What Is Its Market Size?With a robust growth trajectory in recent years, the market size of enteral feeding tube equipment has diligently expanded. The market forecasts display an escalation from $2.64 billion in 2024 to $2.83 billion in 2025, with an impressive compound annual growth rate (CAGR) of 7.0%. Factors contributing to this swell during the historic period include an upsurge in chronic disease cases, a mounting elderly demographic, heightened awareness about nutritional requirements, the proliferation of home healthcare services, and advancements in healthcare infrastructure.
The market for enteral feeding tube apparatus is projected to witness substantial growth in the upcoming years, escalating to $3.65 billion in 2029 with a 6.6% compound annual growth rate (CAGR). Several factors contribute to this projected growth during this forecast period - greater occurrences of gastrointestinal conditions, an escalating need for healthcare solutions in homes, an increasing population of the elderly, widening access to healthcare globally, and a rise in the use of enteral nutrition in clinical scenarios. Key trends anticipated within this period involve breakthroughs in medical technology, incorporation of intelligent technology, an increase in less invasive surgical procedures, growth of the home healthcare market, and advancements in the creation of personalized nutrition treatments.
What Key Elements Are Boosting Growth in the Enteral Feeding Tube Equipment Market?
The growth of the enteral feeding tube equipment market is anticipated to be fueled by the increasing prevalence of chronic illnesses. These are enduring health issues that develop slowly, last for a long time, and generally necessitate consistent medical supervision and care. The surge in chronic illnesses can be attributed to a mix of factors such as an aging population, inactive lifestyles, unhealthy eating habits, growing obesity levels, and a higher frequency of risk factors like smoking and excessive drinking. Enteral feeding tube devices are employed to directly deliver crucial nutrition to patients who cannot eat orally due to conditions like cancer, neurological diseases, or serious gastrointestinal problems. This ensures they get the essential nutrients and medications for continued care and treatment. For example, in April 2022, the National Association of Chronic Disease Directors (NACDD), a non-profit organization based in the US, stated that nearly 60% of adults have at least one chronic disease, and about 40% of adults have multiple chronic conditions (MCC). Moreover, it is projected that by 2030, this will cost the US economy 2 trillion dollars annually, or $8,600 per person. Therefore, the increasing prevalence of chronic diseases is propelling the growth of the enteral feeding tube equipment market.
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Who Are the Major Industry Players Fueling Enteral Feeding Tube Equipment Market Expansion?
Major companies operating in the enteral feeding tube equipment market are Cardinal Health Inc., Johnson & Johnson Services Inc., Fresenius Kabi AG, Abbott Laboratories, Medtronic plc, Danone S.A., Kimberly-Clark Corporation, Baxter International Inc., B. Braun Melsungen AG, Nestlé Health Science, Terumo Corporation, C.R. Bard Inc., Smiths Medical India Pvt. Ltd., Coloplast A/S, Moog Inc., Cook Medical Inc., ConvaTec Group plc, Hollister Incorporated, Halyard Health Inc., Amsino International Inc., Vygon SA, Hart Medical Equipment, Alcor Scientific, Zevex Inc.
Which Key Developments Are Influencing the Enteral Feeding Tube Equipment Market?
Leading businesses in the enteral feeding tube equipment sector are prioritizing the creation of cutting-edge products like enteral feeding systems. The goal is to improve accuracy, safety, and facilitate easy tube placement and observation for patients needing enteral nutrition. This equipment delivers nourishment directly into the patient's gastrointestinal tract, typically via a tube, for those who can't safely consume or swallow food. For instance, Cardinal Health, an American healthcare firm specializing in medical products and services, unveiled the Kangaroo OMNI Enteral Feeding Pump in September 2023. This revolutionary device provides customized enteral feeding solutions and permits the delivery of thick, homogenized, and mixed formulas. The Kangaroo OMNI improves patient care by introducing portability, user-friendly operation and the capability to keep track of feeding history, addressing the patient's needs both in hospitals and at home.
How Is the Segmentation of the Enteral Feeding Tube Equipment Market Defined?
The enteral feeding tube equipment market covered in this report is segmented -
1) By Type: Gastrostomy Tube, Nasogastric Tube, Other Types
2) By Application: Oncology, Gastroenterology, Neurology, Diabetes, Other Applications
3) By End-User: Hospitals, Home Care Settings, Ambulatory Care Settings, Other End Users
Subsegments:
1) By Gastrostomy Tube: Percutaneous Endoscopic Gastrostomy (Peg) Tube, Low-Profile Gastrostomy Tube (Button Tube), Balloon Gastrostomy Tube, Gastrostomy Tube With Balloon Retention
2) By Nasogastric Tube: Traditional Nasogastric (Ng) Tube, Fine Bore Nasogastric Tube, Silicone Nasogastric Tube, Weighted Nasogastric Tube, Nasogastric Tube With Stylet
3) By Other Types: Nasojejunal Tube, Orogastric Tube, Jejunostomy Tube, Esophagostomy Tube, Transpyloric Tube
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What Is the Leading Region in the Enteral Feeding Tube Equipment Market?
North America was the largest region in the enteral feeding tube equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the enteral feeding tube equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Enteral Feeding Tube Equipment Global Market Report?
- Market Size Analysis: Analyze the Enteral Feeding Tube Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Enteral Feeding Tube Equipment 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 Tube Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Enteral Feeding Tube Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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