Enteral Feeding Devices Market Continues Upward Trajectory, Projected to Reach USD 4.1 Billion by 2033 at a 4.0% of CAGR

Enteral Feeding Devices
                                                             Enteral Feeding Devices Market

The enteral feeding devices market is poised for significant growth, expanding its footprint at an average CAGR of 4.0% during the forecast period. The market, currently valued at an impressive USD 2.8 billion in 2023, is expected to surge to an estimated USD 4.1 billion by 2033.

This remarkable growth trajectory underscores the increasing demand for advanced enteral feeding solutions, driven by a rising prevalence of chronic diseases, an aging population, and advancements in medical technology. As healthcare systems worldwide continue to prioritize patient-centric care, the adoption of enteral feeding devices is set to rise, ensuring efficient and effective nutritional delivery for patients with compromised oral intake.

The projected expansion of the enteral feeding devices market not only highlights the sector’s potential but also reflects the ongoing commitment to improving patient outcomes and enhancing quality of life through innovative medical solutions.

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The promising future of the enteral feeding device market highlights its vital function in the healthcare industry in providing for the nutritional requirements of patients unable to swallow food. With consistent expansion and ongoing innovation, the industry is poised to significantly advance patient care across the globe.

Key Takeaways:

  • Market Growth: The enteral feeding devices market is projected to grow at a CAGR of 4.0% from 2023 to 2033.
  • Current and Future Valuation: The market holds a current valuation of US$ 2.8 billion in 2023 and is expected to reach US$ 4.1 billion by 2033.
  • Driving Factors: Key drivers of this growth include rising incidences of chronic diseases, technological advancements in medical devices, and an aging global population necessitating increased nutritional support.
  • Market Dynamics: The market dynamics are influenced by healthcare providers’ increasing focus on homecare settings, enhancing patient comfort and reducing hospital stays.

Enteral Feeding Devices Market — Regional Analysis

  • North America and Europe are expected to cumulatively account for nearly 70% of overall market value, with the former holding 40% of the share.
  • The dominance of these regions is attributed to favorable medical policies and the strong presence of market players.
  • Asia Pacific is forecasted to register tremendous growth on the back of rising healthcare expenditure, the presence of a large patient pool, and a burgeoning number of preterm births.

Enteral Feeding Devices Market — Competitive Landscape

Major market players operating in the market include ICU Medical, Boston Scientific Corporation, Fresenius Kabi, Abbott Laboratories, Cook Medical, Cardinal Health, Inc., Becton Dickinson & Company, and Dynarex Corporation among others. Market players are focusing on developing innovative products with low weight to increase portability.

On these lines, Infinity Feeding Pumps launched the Zevex EnteraLite Infinity Feeding Pump, which weighs less than one pound.

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Key Contributors:

  • Abbott Nutrition
  • ALCOR Scientific
  • Applied Medical Technology
  • B. Braun Melsungen AG
  • Boston Scientific
  • CONMED Corporation
  • Cook Medical
  • Cardinal Health, Inc.
  • Becton, Dickinson, and Company
  • Fresenius Kabi
  • Owens & Minor, Inc. (Halyard Health)
  • Medline
  • Moog
  • Nestlé Health Science
  • Danone SA
  • Vygon SA
  • Amsino International, Inc.
  • Fuji Systems Corp
  • Neomed
  • Smiths Medical (Smiths Group)

Key Segments:

By Product Type:

  • Enteral Feeding Pumps
  • Nasogastric Tubes
  • Nasojejunal Tubes
  • Percutaneous Endoscopic Gastrostomy (PEG) Kit
    • PEG Balloon Kit
    • PEG Non-Balloon Kit
  • Replacement G-Tubes
    • Replacement Balloon G-Tubes
    • Replacement Non-Balloon G-Tubes
  • Percutaneous Endoscopic Gastro-Jejunostomy (PEGJ) Tubes
  • Low-profile Tubes
    • Low-profile Balloon Tubes
    • Low-profile Non-Balloon Tubes

By Age Group:

  • Adult
  • Pediatric

By End User:

  • Hospital
  • Clinic
  • Ambulatory Surgical Center
  • Home Care Setting

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific (APAC)
  • The Middle East & Africa (MEA)

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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