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Advancements In Enteral Feeding Tube Technology The Role Of Innovation And New Developments Trend: A Crucial Influence on the Enteral Feeding Tube Equipment Market's Transformation in 2025
Which drivers are expected to have the greatest impact on the over the enteral feeding tube equipment market's growth?The rising prevalence of chronic diseases is expected to drive the growth of the enteral feeding tube equipment market. Chronic diseases are long-lasting health conditions that require ongoing management and medical attention. Factors such as aging populations, sedentary lifestyles, poor diets, and rising obesity rates contribute to the increase in chronic diseases. Enteral feeding tubes are essential for providing nutrition to patients who cannot eat by mouth, such as those with cancer, neurological disorders, or severe gastrointestinal conditions. For instance, in April 2022, the National Association of Chronic Disease Directors (NACDD) reported that nearly 60% of adults in the U.S. have at least one chronic disease, and about 40% have multiple chronic conditions. The U.S. economy is expected to incur costs of $2 trillion annually by 2030 due to chronic diseases. Therefore, the rising incidence of chronic diseases is driving the growth of the enteral feeding tube equipment market.
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What is the future CAGR of the enteral feeding tube equipment market, and how will it impact industry expansion?
The enteral feeding tube equipment market has experienced strong growth in recent years. It is expected to grow from $2.64 billion in 2024 to $2.83 billion in 2025, at a CAGR of 7.0%. This is due to the rising incidence of chronic diseases, an aging population, growing awareness of nutritional needs, expanded home healthcare services, and better healthcare infrastructure.
The enteral feeding tube equipment market is expected to grow strongly, reaching $3.65 billion by 2029 at a CAGR of 6.6%. Growth drivers include the rise in gastrointestinal disorders, greater demand for home healthcare solutions, an aging population, expanding healthcare access, and more enteral nutrition adoption. Key trends include technological advancements, smart technology integration, the growth of minimally invasive procedures, and personalized nutrition solutions.
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What are the most significant trends transforming the enteral feeding tube equipment market today?
Companies in the enteral feeding tube equipment market are focused on creating innovative products to improve the accuracy, safety, and ease of feeding tube placement. In September 2023, Cardinal Health launched the Kangaroo OMNI Enteral Feeding Pump, designed to offer personalized feeding solutions. This device is portable, user-friendly, and allows healthcare providers to monitor feeding history, addressing the needs of patients transitioning from hospital to home care.
Which key market segments comprise the enteral feeding tube equipment market and drive its revenue growth?
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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Which region dominates 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.
Who are the leading players fueling growth in the enteral feeding tube equipment market?
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.
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What Is Covered In The Enteral Feeding Tube Equipment Global Market Report?
•Market Size Forecast: Examine the enteral feeding tube equipment market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the enteral feeding tube equipment market for a structured understanding.
•Key Players Overview: Analyze major players in the enteral feeding tube equipment market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the enteral feeding tube equipment market.
•Segment Contributions: Evaluate how different segments drive overall growth in the enteral feeding tube equipment market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the enteral feeding tube equipment market.
•Industry Challenges: Identify potential risks and obstacles affecting the enteral feeding tube equipment market.
•Competitive Landscape: Review strategic developments in the enteral feeding tube equipment market, including expansions, agreements, and new product launches.
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