The enteral feeding devices market is likely to thrive at an average CAGR of 4.0% between 2023 and 2033. The market is anticipated to cross a market share of US$ 4.1 billion by 2033 while it is valued at US$ 2.8 billion in 2023.
- Enteral feeding devices are broadly used for transferring nutritional enteral feeding substances to the patient through different channels. Furthermore, the increased healthcare budget post Covid-19 is likely to affect the market during the forecast period.
- The enhanced healthcare infrastructure along with expanding intensive-care units have gained traction in the market in recent years.
- Patients that are on dialysis and are unable to consume through mouth demand enteral feeding devices and substances.
- Along with the pumps, the vendors try to deliver patient-specific devices that provide ease in providing nutrients to the end user.
- The advent of home-based enteral feeding devices for patients suffering from chronic diseases is also pushing the adoption.
- Respiratory diseases have surged after the pandemic as the post-Covid complications. A few of these conditions are also turning chronic, which further demands a feeding solution. Thus, the sales of enteral feeding devices are proliferating.
- The advent of advanced G-tube and pumping system are replacing the gravity & syringe feeding modules, gaining traction for enteral feeding devices such as enteral feeding pumps.
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Key Points
- The United States market leads the space in terms of market share. The market is anticipated to cross a value of US$ 1.1 billion by 2033. The regional market is expected to thrive at a CAGR of 4.1% between 2023 and 2033.
- The Chinese enteral feeding devices market leads in terms of CAGR. It thrives at a steady CAGR of 4.9% during the forecast period. The market is likely to reach a value of US$ 495.3 million by 2033. Restructuring of healthcare systems and adoption of advanced healthcare equipment for critical care are the driving factors for the regional market.
- Enteral feeding pump is likely to thrive in the product type category due to easy implementation, and efficient & effective feeding. It is expected to thrive at a CAGR of 5.2 % during the forecast period.
- The hospital segment is expected to top the end-user tally with a CAGR of 3.4% between 2023 and 2033. The growth is attributed to higher budgets and patient traffic.
Competitive Landscape
The key players focus on delivering patient-friendly, efficient, and effective feeding solutions. Furthermore, the companies have started introducing integrated systems with nutrition-based formulas to hold a substantial share of the market. Brands also indulged in strategies such as mergers & acquisitions, and partnerships to increase the supply chain and distribution channel. The key players in the market are: Abbott Nutrition, ALCOR Scientific, Applied Medical Technology, B. Braun Melsungen AG, Boston Scientific
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For instance:
- In November 2022, Rockfield medical device received FDA clearance for the mobility and enteral feeding systems. The system is designed for 2 years old and over to deliver the liquid nutrition formula to enteral access.
- ALCOR Scientific has introduced its enteral feeding pump named sentinel plus which holds a bright dual display, dose-checking system, advanced memory, and easy-to-set alarms.
Key Segments
By Product Type:
- Enteral Feeding Pumps
- Nasogastric Tubes
- Nasojejunal Tubes
- Percutaneous Endoscopic Gastrostomy (PEG) Kit
- PEG Balloon Kit
- PEG Non-Balloon Kit
- Replacement G-Tubes
- Replacement Balloon G-Tubes
- Replacement Non-Balloon G-Tubes
- Percutaneous Endoscopic Gastro-Jejunostomy (PEGJ) Tubes
- Low-profile Tubes
- Low-profile Balloon Tubes
- Low-profile Non-Balloon Tubes
By Age Group:
- Adult
- Pediatric
By End User:
- Hospital
- Clinic
- Ambulatory Surgical Center
- Home Care Setting
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