Sales in the market for enteral feeding devices will reach a value of

DUBAI, United Arab Emirates, April 1, 2022 (GLOBE NEWSWIRE) — As health infrastructure has improved, life expectancy has risen. While this is good news, the rapidly expanding geriatric population has also led to an increased incidence of age-related ailments, both malignant and non-malignant. Conditions like cancer, multiple sclerosis, dementia and brain damage have multiplied.

data pointsmarket outlook
Market value 2021$2.49 billion
Market value 2022$2.62 billion
Market value 2030$3.77 billion
CAGR 2022-20304.7%
Market share of top 5 countries63.5%

All of the aforementioned conditions have a deleterious impact on the patient’s digestive system, causing dyspepsia, sore throat and mouth, diarrhea, and IBS. These comorbidities make it impossible for patients to consume solid foods. Therefore, healthcare providers are accelerating the adoption of enteral feeding devices and delivering the proper nutrients to patients.

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Global Enteral Feeding Devices Market: Key Findings

  • The enteral feeding device market will expand at a CAGR of 4.7% between 2022 and 2030
  • Oncology remains the main application area, neurological disorders to generate green spaces
  • Nasoenteric feeding tubes to share revenue pie with feeding pumps, attributed to nutrient delivery efficiency
  • Homecare settings get huge traction due to launch of user-friendly, consumer-friendly devices
  • East and South Asia will emerge as potential revenue hotspots during the forecast period

COVID-19 impact analysis

The COVID-19 pandemic has sent the healthcare industry into overdrive, working ceaselessly to find a potential cure for this deadly virus. As the global economy heads into a recession, the market for enteral feeding devices will remain afloat.

As infected patients experience digestive problems, the demand for alternative sources of food management has increased. This has increased the deployment of enteral feeding devices with greater frequency. In addition, providers are focusing on strengthening regional distribution networks to ensure uninterrupted supply of equipment to various healthcare settings and organizations.

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Demand in the United States, Brazil and India will continue to be particularly strong, as these are the most affected countries, providing huge scope for revenue generation for leading manufacturers.

“Global enteral feeding devices are in their growth stage, leading providers to flood the market with innovative and technologically advanced products, bringing markets one step closer to maturity,” the FMI analyst infers.

competitive landscape

Prominent players in the enteral feeding device market include ICU Medical, Boston Scientific Corporation, Fresenius Kabi, Abbott Laboratories, Cook Medical, Cardinal Health, Inc., Becton Dickinson & Company, and Dynarex Corporation, among others. In addition to this, a number of regional players also dominate the scene.

In 2014, Cook Medical launched the Entuit Thrive balloon retention gastronomic feeding tube for gastronomic and gastropexy procedures. This launch was an integral part of the company’s efforts to expand its enteral feeding device product line.

Boston Scientific Corporation markets a wide range of enteral devices, such as the EndoVive Enteral Feeding Tube Kits. To expand its gastroenterology product portfolio, the company announced the limited market launch of its Exalt Model-D single-use duodenoscope in January 2020.

In 2016, Cardinal Health launched its Kangaroo Joey enteral feeding and irrigation pump to expand its portfolio of nasogastric feeding tubes for adults.

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ICU Medical markets the Lopez Valve and EnFit Lopez Valve closed enteral tubes that provide protection against accidental exposure to infectious body fluids to healthcare workers.

Scope of the report based on the analysis of the Enteral Feeding Devices industry

AttributeDetails
forecast period2022-2030
Historical data available for2013-2021
Market analysisUS$ Mn per Value
Key Regions CoveredNorth America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East and Africa
Key countries coveredUSA, Canada, Brazil, Mexico, Germany, UK, France, Italy, Spain, Benelux, Russia, India, Thailand, Malaysia, Indonesia, China, Japan, South Korea, Australia, New Zealand, South Africa, countries of the GCC
Key market segments coveredProduct, Age Group, End User, and Region
Key Companies Profiled• Abbott Nutrition

• Scientist ALCOR

• Applied Medical Technology

• B.Braun Melsungen AG

• Boston Scientist

• CONMED Corporation

• Medical Cook

• Cardinal Health, Inc.

• Becton, Dickinson and Company

• Fresenius Kabi

• Owens & Minor, Inc. (Halyard Health)

• Medline

•Moog

• Nestlé Health Sciences

• Danone S.A.

• Vygon SA

• Amsino International, Inc.

• Fuji Systems Corp.

• Neomed

• Smiths Medical (Smiths Group)

Pricesavailable upon request

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About Future Market Insights (FMI)

Future Market Outlook (IMF) is a leading provider of market intelligence and consulting services, serving clients in more than 150 countries. FMI is headquartered in Dubai with delivery centers in the UK, US and India. The latest from IMFmarket research reports and industry analysis helps companies face challenges and make critical decisions with confidence and clarity amid dizzying competition. Our custom, syndicated market research reports provide actionable insights that drive sustainable growth. A team of analysts led by experts at FMI continuously monitor emerging trends and events across a wide range of industries to ensure our clients prepare for the changing needs of their consumers.

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