The Enteral Feeding Devices Market is being driven by Increasing prevalence of chronic conditions and preterm birth
The Enteral Feeding Devices Market is expected to grow at a CAGR of 6.78% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1537 million. The global enteral feeding devices market is witnessing a significant shift towards wireless technology, with an increasing demand for wireless enteral feeding devices. This trend is driven by the ability of these devices to communicate with various information systems, making them highly sought-after in ambulatory and home care settings. Wireless connectivity ensures safe and accurate medication delivery to patients in critical care units such as pediatric ICUs and NICUs. Moreover, the integration of wireless enteral feeding devices with electronic medical records automates workflow, reduces treatment costs and time, and minimizes errors, thereby alleviating the workload on healthcare professionals.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
163 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.78% |
Market growth 2024-2028 |
USD 1537 million |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
6.23 |
Key countries |
US, UK, Canada, China, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Enteral Feeding Devices Market encompasses a range of products used in the administration of Enteral Nutrition (EN) to individuals with rare genetic diseases and congenital disorders, pre-term infants, neonatal patients, and pediatric patients. These devices include Enteral Feeding Tubes (EFTs) and Enteral Feeding Pumps (EFPs), which facilitate the delivery of human milk or specialized formulas via bolus or continuous infusion. Breathing, suckling, and swallowing difficulties common in these patient populations necessitate the use of such devices to reduce morbidity and neonatal mortality. Complications from EN include breathing difficulties, aspiration, and tube misplacement. Parenteral feeding therapies, such as Central Nervous System (CNS) disorders, osteoarthritis, osteoporosis, Alzheimer’s disease, Parkinson’s, and chronic illnesses, also require enteral feeding devices. NCBI studies suggest that EFTs, including J-tubes and Tri-funnel replacement G-tubes, are effective in Surgical Trauma ICUs and for managing gastrointestinal diseases like severe pancreatitis and diabetes in the geriatric population. However, proper placement and care are crucial to prevent complications.
The global healthcare supplies market encompasses businesses and innovations within the medical sector, focusing on a diverse range of product categories, including medical consumables utilized for disease diagnosis and treatment. According to Technavio, the healthcare supplies market size is determined by the consolidated revenue generated by manufacturers of medical supplies such as syringes, drapes, gloves, and gowns. Key growth drivers for this market include the increasing elderly population: by 2050, approximately one-quarter of the US population and Europe's population are projected to surpass the age of 60 years. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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