The neonatal infants enteral feeding devices global market report 2024from 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.
Neonatal Infants Enteral Feeding Devices Market, 2024report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size – 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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Scope Of Neonatal Infants 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.
Neonatal Infants Enteral Feeding Devices Market Overview
Market Drivers -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.
Market Trends – Major companies operating in the neonatal infant enteral feeding devices market are developing products with advanced technologies such as real-time assessment technology, to monitor feeding and ensure optimal nutrition, thereby reducing the risk of complications. Real-time assessment technology in infant enteral feeding devices improves feeding precision, enhances safety, facilitates early issue detection, supports data-driven decisions, involves parents, and increases overall efficiency in neonatal care. For instance, in August 2023, Cardinal Health, a US-based healthcare services and products company, launched its next-generation NTrainer System 2.0, a medical device designed to help premature and newborn infants develop oral coordination skills necessary for transitioning to independent feeding faster. The NTrainer System 2.0 is the only FDA Class II biofeedback device that helps newborns and infants born prematurely develop their non-nutritive sucking (NNS) skills needed for independent oral feeding. The device utilizes real-time assessment technology to provide clinicians with objective data to track an infant’s progress in developing pre-feeding skills.
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
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Regional Insights – 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.
Key Companies – 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
Table of Contents 1. Executive Summary2. Neonatal Infants Enteral Feeding Devices Market Report Structure3. Neonatal Infants Enteral Feeding Devices Market Trends And Strategies4. Neonatal Infants Enteral Feeding Devices Market – Macro Economic Scenario5. Neonatal Infants Enteral Feeding Devices Market Size And Growth…..27. Neonatal Infants Enteral Feeding Devices Market Competitor Landscape And Company Profiles28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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