The enteral feeding devices market is poised for steady growth, with an estimated market value of USD 2.8 billion in 2023 and a projected reach of USD 4.1 billion by 2033, reflecting a CAGR of 4.0% during the forecast period. The expansion of healthcare services, the rise in intensive care units (ICUs), and the increasing use of proficient dialysis systems are all contributing factors that are gaining traction in the enteral feeding devices market.
The growing prevalence of organ failure, coupled with the increasing number of patients undergoing dialysis procedures, is driving the demand for enteral feeding devices. These devices are essential for providing nutritional support to patients who are unable to meet their nutritional needs orally, particularly those in critical care or suffering from chronic illnesses. Additionally, the proliferation of private healthcare systems and advancements in home-based enteral feeding devices are significantly expanding market opportunities, as more patients seek convenient, at-home feeding solutions.
The shift towards home-based enteral feeding has become a key factor in market expansion, as patients prefer receiving care in the comfort of their own homes while maintaining their quality of life. This trend is being supported by the increasing availability of portable and easy-to-use feeding devices, which are designed to ensure safety and efficacy for patients undergoing long-term feeding therapy outside of hospital settings.
Key Takeaways:
- The enteral feeding devices market is expected to grow from USD 2.8 billion in 2023 to USD 4.1 billion by 2033, at a CAGR of 4.0%.
- The expansion of healthcare services, particularly in intensive care units and dialysis systems, is driving the market’s growth.
- The increasing prevalence of organ failure and the need for nutritional support for dialysis patients are key factors influencing demand.
- The rise of home-based enteral feeding devices is creating new opportunities for growth and improving patient outcomes.
Key Growth Drivers
- Expanding Healthcare Services: The growth of healthcare services, including the increase in intensive care units and proficient dialysis systems, is driving demand for enteral feeding devices.
- Proliferation of Home-Based Solutions: The advent of home-based enteral feeding devices is expanding the market, allowing patients to receive nutritional support in their own homes.
- Increasing Demand from Dialysis Patients: Patients with organ failure undergoing dialysis require regular nutritional support, further propelling the need for enteral feeding devices.
Market Dynamics
- Technological Advancements: Innovations in enteral feeding devices are enhancing their usability and effectiveness, contributing to market growth.
- Rising Prevalence of Chronic Diseases: An increase in chronic illnesses, such as diabetes and gastrointestinal disorders, necessitates alternative nutritional support methods, boosting the demand for enteral feeding solutions.
Competition Scenario
Leading players in the enteral feeding devices market are focusing on geographical expansion to gain high revenue & expand their sales footprint in emerging countries through different strategies.
Capacity expansion and adoption of new technology-based products are the key strategies adopted by manufacturers to increase the sale in different geographies
Additionally, manufacturers are focusing on forwarding integration with partnerships with wholesalers, distributors, and other channel partners to gain ownership over the value chain.
Recent Market Developments
- On January 13, 2022, Owens & Minor, a leading global healthcare solutions company, and WVU Health system came into a strategic partnership, to expand access to healthcare services.
- On 18 February 2018, Cardinal Health sold its pharmaceutical and medical products distribution business in China to Shanghai Pharmaceuticals Holding Co., Ltd.
- On 8 September 2021, ICU Medical, Inc. acquired the Smiths Medical division from Smiths Group plc for USD 2.35 billion in cash and stock plus the assumption of certain liabilities and a stock price performance-based earn-out.
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)
A Comprehensive Full Report
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)
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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