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Monday, September 25, 2023

Global Enteral Feeding Device Market is anticipated to grow at a CAGR of 6.2% during 2024 to 2030

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.

Some of the key questions answered in this exclusive report are:

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?

Market Segmentation:

In this market, enteral feeding tube, enterostomy feeding tube, nasoenteric feeding tube, oroenteric feeding tube, enteral feeding pump, administration set, enteral syringe, and consumable are the major segments of enteral feeding device market by product type. 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.Within this market, 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.

Nestlé, Fresenius Kabi, Cardinal Health, Avanos Medical, Cook Medical, Danone, and B. Braun Melsungen are the major suppliers in the enteral feeding device market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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