Global Neonatal Infants Enteral Feeding Devices Market Growth Analysis 2024 – Forecast Market Size And Key Factors Driving Growth

Overview and Scope

Neonatal infants enteral feeding devices are specialized medical devices designed for the administration of enteral nutrition to premature or critically ill newborn infants who are unable to feed orally. These devices serve a critical role in delivering essential nutrients, fluids, and medications directly into the gastrointestinal tract of neonates, supporting their growth, development, and recovery in the neonatal intensive care unit (NICU) or special care nursery.

Sizing and Forecast

The neonatal infants enteral feeding devices market size has grown steadily in recent years. It will grow from $2.10 billion in 2023 to $2.17 billion in 2024 at a compound annual growth rate (CAGR) of 3.5%. The growth in the historic period can be attributed to increasing premature birth rates, rising incidences of neonatal disorders, growing demand for specialized neonatal care, and expanding healthcare infrastructure.

The neonatal infants enteral feeding devices market size is expected to see steady growth in the next few years. It will grow to $2.5 billion in 2028 at a compound annual growth rate (CAGR) of 3.6%. The growth in the forecast period can be attributed to increasing adoption of enteral nutrition in neonatal intensive care units, rising investments in healthcare infrastructure in emerging markets, growing awareness about the benefits of enteral feeding in neonates, expanding applications of enteral feeding devices in homecare settings, and advancements in enteral feeding technology for improved patient outcomes. Major trends in the forecast period include technological advancements, miniaturization of enteral feeding devices, integration of smart technology for remote monitoring, development of specialized enteral formulas for neonates, emphasis on infection prevention and control measures, and personalized nutrition solutions for individualized care.

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Segmentation & Regional Insights

The neonatal infants enteral feeding devices market covered in this report is segmented –

1) By Product Type: Gastrostomy Tubes, Jejunostomy Tubes, Duodenostomy Tubes, Nasal Feeding Tubes, Oropharyngeal Feeding Tubes
2) By Material: Silicone, Polyurethane, Polyvinyl Chloride
3) By Size: Preterm, Full Term
4) By Application: Clinic, Hospital, Ambulatory Care, Home Use, Other Applications

North America was the largest region in the neonatal infants enteral feeding devices market in 2023. The regions covered in the neonatal infants enteral feeding devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth

The rising prevalence of preterm birth is expected to propel the growth of the neonatal infant enteral feeding devices market going forward. Preterm birth occurs when a baby is born before completing 37 weeks of gestation, potentially leading to various health challenges due to incomplete development. The preterm birth issue arises due to increased maternal age, lifestyle choices, medical interventions such as assisted reproductive technologies, maternal health conditions, and environmental factors. Neonatal infant enteral feeding devices are utilized in preterm birth to provide essential nutrition directly into the stomach or intestines of premature infants who cannot feed orally, supporting their growth and development. For instance, in January 2023, according to the Office for National Statistics, a UK-based governmental organization, the percentage of preterm live births saw a slight rise from 7.4% in 2020 to 7.5% in 2021. Therefore, the rising prevalence of preterm birth is driving the growth of the neonatal infant enteral feeding devices market.

<h4 class=reporthtag>Rising Neonatal Admissions Fuel Growth In The NICU Catheter Market</h4>

The rising neonatal admissions are expected to propel the growth of the neonatal infant enteral feeding devices market going forward. Neonatal admissions refer to the hospitalization or admission of newborn infants, typically within the first 28 days of life, for medical care and monitoring. Neonatal infant enteral feeding devices to provide specialized medical interventions and monitoring for premature or critically ill infants, ensuring their immediate health needs are met and promoting their chances of survival and healthy development. For instance, in October 2023, according to the American Academy of Pediatrics (AAP), a US-based non-profit organization, the percentage of infants classified as late preterm (LPT) and low birth weight (LBW) who received exclusive care in the nursery increased from 83.9% to 88.8% due to special circumstances. Therefore, the rising neonatal admissions are driving the growth of the neonatal infant enteral feeding devices market going forward.

Key Industry Players

Major companies operating in the neonatal infants enteral feeding devices market are Cardinal Health Inc., Abbott Inc., 3M, Medtronic Plc, Kimberly-Clark Corporation, Becton Dickinson and Company, Boston Scientific Corporation, Fresenius Kabi AG, Terumo Corporation, Coloplast Corp., B. Braun Melsungen AG, Moog Inc., Cook Medical Inc., Teleflex Incorporated, ConvaTec Inc., Halyard Health Inc., Hollister Incorporated, CONMED Corporation, Avanos Medical Inc., Amsino International Inc., Nutricia, Vygon SA, Wellspect Healthcare, Applied Medical Technology Inc., Qosina Corporation

The neonatal infants enteral feeding devices market report table of contents includes:

1. Executive Summary

2. Neonatal Infants Enteral Feeding Devices Market Characteristics

3. Neonatal Infants Enteral Feeding Devices Market Trends And Strategies

4. Neonatal Infants Enteral Feeding Devices Market – Macro Economic Scenario

5. Global Neonatal Infants Enteral Feeding Devices Market Size and Growth
…

32. Global Neonatal Infants Enteral Feeding Devices Market Competitive Benchmarking

33. Global Neonatal Infants Enteral Feeding Devices Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Neonatal Infants Enteral Feeding Devices Market

35. Neonatal Infants Enteral Feeding Devices Market Future Outlook and Potential Analysis

36. Appendix

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