The Enteral Feeding Devices Market size was valued at US$ 2,665.5 million in 2021, and expected to increase to US$ 3,502 million by 2027, at a CAGR of 6.8% from 2022 to 2027.
Enteral feeding is the technique of utilizing a feeding tube to administer nutritionally adequate food or medication to a patient's stomach or intestine. In patients with a healthy GI tract, enteral nutrition either complements oral feeding or takes its place entirely. The clinical nutrition sector has been completely transformed by enteral feeding equipment including feeding pumps and tubes, which are especially effective for malnourished patients. During the forecast period, factors including rising healthcare costs, an increase in preterm births, an ageing population, an increase in the prevalence of chronic illnesses like diabetes, cancer, gastrointestinal diseases, and neurological disorders, a rise in awareness of enteral nutrition, and quick advancements in healthcare infrastructure in developing nations are anticipated to further propel the market.
The world population is predicted to age, and the incidence of disorders that primarily affect the elderly is expected to rise. With a steady increase in people 60 and older, the global population is ageing significantly. The market for enteral feeding systems is growing as disease prevalence rises. Because therapy must be supported by enteral feeding devices, the market for these devices is anticipated to rise as a result of the rising demand from patients who rely on feeding devices. The enteral feeding equipment industry has migrated away from hospital care and toward at-home enteral nutrition, and this pattern is anticipated to persist. Professionals involved in the care of patients who need nutritional support for extended periods of time frequently persuade patients to select home enteral nutrition because of the rising costs of hospital stays. The market for enteral feeding devices is being considerably impacted by the growth of the home enteral nutrition sector.
7 SEPTEMBER 2021: E.A.T's enteral feeding device receives CE mark --
Enteral Access Technologies (E.A.T.), a medical device company based in Liverpool, has received the CE Mark for its DoubleCHEK device, which enables the company to market the patient safety product in all EU countries. The CE milestone comes after the company recently obtained a UKCA mark and signed an agreement with Medicina, a large healthcare distributor. It marks another achievement for the firm after securing funding in December. The certification opens up a market worth $1.3 billion by 2027.
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application, it is segmented into
North America is predicted to dominate the global Enteral Feeding Devices market in terms of revenue share during the forecast period. This dominance is caused by a rise in preterm births, an increase in the number of elderly people, and technological developments. Furthermore, the development of the enteral feeding devices market in this region was fuelled by high disposable income, an advanced healthcare infrastructure, the approval of new products, and improved awareness. Additionally, the United States is the largest enteral feeding device market in North America and globally, supported by a well-developed healthcare infrastructure and a robust uptake of technologically advanced products as a result of rising healthcare costs.
The Asia Pacific area is expected to have the quickest CAGR of 5.5% during the projection period. The adoption of cutting-edge medical technology and expanding healthcare infrastructure are anticipated to drive market expansion. A few other important aspects that influence the market are the rising proportion of hospital admissions, premature births, the population that is malnourished, and the ageing population. More than 1 million preterm births occur in China each year, according to a report in The Lancet Global Health. The industry is also expected to rise as parenteral nutrition gradually gives way to enteral nutrition.
The Enteral Feeding Devices Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Enteral Feeding Devices Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 6.8% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Cardinal Health, Nestle, Avanos Medical, B. Braun, Applied Medical Technology, Vygon, Alcor Scientific, Kimberly-Clark Corporation, Abbott Nutrition, Boston Scientific Corporation, Amsino International Inc., ConMed Corporation, Moog Inc, C.R.Bard, Danone, Cook Medical, Becton, Dickinson and Company, Fresenius Kabi, Owens & Minor, Inc. (Halyard Health), Medline, Fuji Systems Corp, Neomed, Smiths Medical (Smiths Group) |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 134 |
Customization Available | Yes, the report can be customized as per your needs |
What is the growth rate of Enteral Feeding Devices Market?
The Enteral Feeding Devices Market is growing at a CAGR of 6.8% over the next 5 years.
Who are the key players in Enteral Feeding Devices Market?
Cardinal Health, Nestle, Avanos Medical, B. Braun, Applied Medical Technology, Vygon, Alcor Scientific, Kimberly-Clark Corporation, Abbott Nutrition, Boston Scientific Corporation, Amsino International Inc., ConMed Corporation, Moog Inc, C.R.Bard, Danone, Cook Medical, Becton, Dickinson and Company, Fresenius Kabi, Owens & Minor, Inc. (Halyard Health), Medline, Fuji Systems Corp, Neomed, Smiths Medical (Smiths Group)
What are the significant types of Enteral Feeding Devices Market?
Enteral Feeding Pumps, Enteral Feeding Tubes, Consumables
What are the major end-use applications of Enteral Feeding Devices Market?
Hospitals, Home Care
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SECONDARY RESEARCH
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