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The enteral feeding device market is expected to grow steadily and is projected to reach $4.1 billion by 2033 at 4.0% CAGR

Posted on by darion

market of enteral nutrition devices

The enteral feeding devices market is on a steady growth path, with forecasts indicating a CAGR of 4.0% during the forecast period from 2023 to 2033. The market is valued at approx $2.8 billion It is expected to reach a significant milestone in 2023 $4.1 billion until 2033.

Enteral feeding devices play a key role in nutritional therapy, providing vital support to patients who cannot consume food orally. This includes people with chronic illnesses, serious injuries or those undergoing intensive treatment. Rising incidence of chronic diseases, aging population and advancements in medical technology are the key factors driving the growth of the enteral nutrition devices market.

As healthcare systems around the world focus on improving patient care and outcomes, the need for reliable and efficient enteral nutrition solutions continues to grow. Companies in this sector are innovating and expanding their product lines to meet the diverse needs of healthcare providers and patients, providing safer and more effective nutritional support.

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The promising future of the enteral feeding device market highlights its key function in the healthcare industry in meeting the nutritional needs of patients unable to swallow food. Through consistent development and continuous innovation, the industry is poised to significantly improve patient care around the world.

Key takeaways:

  • Market growth: The enteral feeding devices market is expected to grow at a CAGR of 4.0% from 2023 to 2033.
  • Current and future pricing: The current market valuation is $2.8 billion in 2023 and is expected to reach $4.1 billion by 2033.
  • Driving factors: The most important factors for this increase include the increasing number of chronic diseases, technological advances in medical devices and an aging global population requiring increased nutritional support.
  • Market dynamics: The market dynamics are influenced by the increasing focus of healthcare providers on home care facilities, which improve patient comfort and shorten the duration of their hospitalization.

Enteral Nutrition Devices Market – Regional Analysis

  • Together, North America and Europe are expected to account for almost 70% of the total market value, with the former accounting for 40% share.
  • The dominance of these regions is attributed to favorable medical policies and a strong presence of market participants.
  • The Asia-Pacific region is projected to experience tremendous growth due to rising health care expenses, large patient pools, and rising rates of preterm births.

Enteral Nutrition 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. Market participants are focusing on developing innovative lightweight products to enhance portability.

In these lines, Infinity Feeding Pumps introduced the Zvex EnteraLite Infinity feeding pump, which weighs less than one pound.

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Key contributors:

  • Abbott Nutrition
  • Scientific ALCOR
  • Applied medical technologies
  • B. Braun Melsungen AG
  • Boston Science
  • CONMED company
  • Cook medicine
  • Cardinal Health, Inc.
  • Becton, Dickinson and Company
  • Fresenius Kabi
  • Owens & Minor, Inc. (Health of the halyard)
  • Medical line
  • Moog
  • Nestlé Health Science
  • Danone SA
  • Wygon 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 balloons set
    • Set without PEG balloon
  • Replaceable G-tubes
    • Spare G-tube balloons
    • Replacement G-tubes without balloon
  • Percutaneous endoscopic gastrojejunostomy (PEGJ) tubes.
  • Low profile pipes
    • Low profile balloon tubes
    • Low profile non-balloon tubes

By age group:

By end user:

  • Hospital
  • Clinic
  • Outpatient Surgery Center
  • Home care settings

By region:

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

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