Enteral Feeding Device Market Report: Trends, Forecast and Competitive Analysis to 2030
Enteral Feeding Device Trends and Forecast
The future of the global enteral feeding device market looks promising with opportunities in the hospital, home care setting, and ambulatory care setting markets. The global enteral feeding device market is expected to reach an estimated $5.9 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are increasing number of geriatric population, rising demand for this device in-home care settings, and growng demand for enteral feeding pumps and enteral feeding tubes.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Enteral Feeding Device by Segment
The study includes a forecast for the global enteral feeding device by product type, age group, application, end use industry, and region.
Enteral Feeding Device Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
- Enteral Feeding Tubes
- Enterostomy Feeding Tubes
- Nasoenteric Feeding Tubes
- Oroenteric Feeding Tubes
- Enteral Feeding Pumps
- Administration Sets
- Enteral Syringes
- Consumables
Enteral Feeding Device Market by Age Group [Shipment Analysis by Value from 2018 to 2030]:
Enteral Feeding Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Gastrointestinal Diseases
- Neurological Disorders
- Diabetes
- Hypermetabolism
- Others
Enteral Feeding Device Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
- Hospitals
- Home Care Settings
- Ambulatory Care Settings
Enteral Feeding Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Enteral Feeding Device Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies enteral feeding device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the enteral feeding device companies profiled in this report include-
- Nestlé
- Fresenius Kabi
- Cardinal Health
- Avanos Medical
- Cook Medical
- Danone
- B. Braun Melsungen
Enteral Feeding Device Market Insights
Lucintel forecasts that enterostomy feeding is expected to witness highest growth over the forecast period due to it substantial use among patients who need enteral feeding owing to its safe, effective, and provides long-term solution.
Hospital will remain the largest segment due to the fact that these products are widely available in hospitals and the placement of these tubes in hospitals with a high success rate.
APAC is expected to witness highest growth over the forecast period due to growing awareness about enteral feeding, increasing geriatric population, and rise in populaton's disposable income in the region.
Features of the Global Enteral Feeding Device Market
Market Size Estimates: Enteral feeding device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Enteral feeding device market by various segments, such as by product type, age group, application, end use industry and region in terms of($B).
Regional Analysis: Enteral feeding device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, age groups, applications, end use industries, and regions for the enteral feeding device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the enteral feeding device market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the enteral feeding device market size?
Answer: The global enteral feeding device market is expected to reach an estimated $5.9 billion by 2030.
Q.2 What is the growth forecast for enteral feeding device market?
Answer: The global enteral feeding device market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the enteral feeding device market?
Answer: The major drivers for this market are increasing number of geriatric population, rising demand for this device in-home care settings, and growng demand for enteral feeding pumps and enteral feeding tubes.
Q4. What are the major segments for enteral feeding device market?
Answer: The future of the enteral feeding device market looks promising with opportunities in the hospital, home care setting, and ambulatory care setting markets.
Q5. Who are the key enteral feeding device market companies?
Answer: Some of the key enteral feeding device companies are as follows:
- Nestlé
- Fresenius Kabi
- Cardinal Health
- Avanos Medical
- Cook Medical
- Danone
- B. Braun Melsungen
Q6. Which enteral feeding device market segment will be the largest in future?
Answer: Lucintel forecasts that enterostomy feeding is expected to witness highest growth over the forecast period due to it substantial use among patients who need enteral feeding owing to its safe, effective, and provides long-term solution.
Q7. In enteral feeding device market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing awareness about enteral feeding, increasing geriatric population, and rise in populaton's disposable income in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the enteral feeding device market by product type (enteral feeding tubes, enterostomy feeding tubes, nasoenteric feeding tubes,oroenteric feeding tubes, enteral feeding pumps, administration sets, enteral syringes, and consumables), age group (adults and pediatric), application (gastrointestinal diseases, neurological disorders, diabetes, hypermetabolism, and others), end use industry (hospitals, home care settings, and ambulatory care settings), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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