The enteral feeding devices global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Enteral Feeding Devices Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The enteral feeding devices market size has grown strongly in recent years. It will grow from $4.2 billion in 2023 to $4.55 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to aging population, prevalence of chronic diseases, increased hospital admissions, increase in home-based care, regulatory support.
The enteral feeding devices market size is expected to see strong growth in the next few years. It will grow to $6.39 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to increased patient-centric care, emerging markets, health insurance reimbursement, focus on sustainability and environment, ongoing research and development efforts. Major trends in the forecast period include nutritional personalization, minimizing infection risks, smart enteral feeding system, compact and portable devices, utalizing artificial intelligence (ai).
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Scope Of Enteral Feeding Devices Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Enteral Feeding Devices Market Overview
Market Drivers –
The surge in the number of preterm births is expected to propel the growth of the enteral feeding devices market. Preterm births are births that occur before the 37th week of pregnancy. Enteral feeding devices are often used to supplement breast milk to provide milk immediately to preterm birth babies. There is a surge in the number of preterm births due to multiple pregnancies, adolescent pregnancy rates, caesarean deliveries before full-term, unnecessary inductions, infections, and chronic conditions such as diabetes and high blood pressure. For instance, in May 2022, according to the Centers for Disease Control and Prevention, a US-based national public health agency, the report indicates preterm birth rate increased by 4% in 2021, reaching 10.48%. Therefore, the surge in the number of these preterm births drives the enteral feeding device market.
The enteral feeding devices market covered in this report is segmented –
1) By Product: Enteral Feeding Tubes, Enteral Feeding Pumps, Administration Sets, Enteral Syringes, Other Consumables
2) By Application: Oncology, Gastrointestinal Diseases, Neurological Disorders, Diabetes, Other Applications
3) By End User: Hospitals, Home Care Settings, Ambulatory Care Settings, Other End-Users
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Regional Insights –
North America was the largest region in the enteral feeding devices market in 2023. Asia-Pacific is expected to be the fastest growing market in enteral feeding devices market during the forecast period. The regions covered in the enteral feeding devices market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the enteral feeding devices market include Fresenius Kabi AG, Nestle SA, Moog Inc, B. Braun Melsungen AG, Cardinal Health Inc, Danone S.A., Conmed Corporation, Cook Medical, Becton, Dickinson and Company, Abbott Laboratories, Boston Scientific Corporation, Vygon Group, Amsino International Inc., Applied Medical Technology Inc., Avanos Medical Inc., Fidmi Medical, Vesco Medical LLC, Dynarex Corporation, Medela Inc., Alcor Scientific, Kimberly-Clark Corporation, Intervene Group Limited, Technopath Solutions Inc, Biometrix Corporation, Thomas Magnete GmbH, Halyard Health Inc., Medtronic plc, Medline Industries Inc., ALCOR Scientific Inc., ENvizion Medical, Fuji Systems Corporation, Kentec Medical Inc., Romsons Group of Industries, C. R. Bard GmbH
Table of Contents
1. Executive Summary
2. Enteral Feeding Devices Market Characteristics
3. Enteral Feeding Devices Market Trends And Strategies
4. Enteral Feeding Devices Market – Macro Economic Scenario
5. Global Enteral Feeding Devices Market Size and Growth
…
31. Global Enteral Feeding Devices Market Competitive Benchmarking
32. Global Enteral Feeding Devices Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Enteral Feeding Devices Market
34. Enteral Feeding Devices Market Future Outlook and Potential Analysis
35. Appendix
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