The recent report by Astute Analytica on the global Enteral Food and Devices Market covers all the factors which will impact the market in the coming years. The report discusses several sections, such as Market Overview, Trends, Key Players, segments, etc. Moreover, it also outlines the list of past innovations and ongoing events to give an overview of the trends.
Market Overview of Enteral Food and Devices Market
The Global Enteral Food and Devices Market is expected to grow at a CAGR of 6.40% over the next ten years and will reach USD 5854.25 Million in 2027 from US$ 3148.15 million in 2017.
Enteral nutrition is a method of delivering nutrients directly into the gastrointestinal tract, typically through a feeding tube, to support individuals who are unable to consume food orally due to various medical conditions. The enteral route of access involves the direct transfer of essential nutritional fluids and nutrients into the gastrointestinal (GI) tract through specialized tubes.
Enteral food products are designed to provide a complete balance of vital nutrients, including carbohydrates, proteins, vitamins, and minerals, directly into the stomach or intestine. The enteral food and devices market has experienced substantial growth, driven by advancements in technology and the convenience offered by portable feeding pumps. With the continuous improvement in healthcare infrastructure, this industry is expected to thrive in the years ahead.
The increasing prevalence of chronic diseases such as diabetes, cancer, gastrointestinal disorders, and other conditions that require intensive care has significantly contributed to the market’s growth. For instance, according to the International Diabetes Federation, approximately 463 million adults were diagnosed with diabetes in 2019, a number projected to reach nearly 700 million by 2045.
Additionally, the rising number of preterm births has expanded the market’s size. In the United States, preterm births affected one in every ten infants in 2019. Furthermore, considering data from Age UK in 2019, the UK has a rapidly aging population of nearly 12 million people aged over 65. Elderly individuals are at a higher risk of developing swallowing difficulties, making this demographic a substantial driving force behind the market’s expansion.
The enteral food and devices market has witnessed significant growth, driven by several key factors. These drivers include the rising prevalence of malnutrition, the preference for enteral feeding in patients who cannot consume nutrients orally, and the adoption of enteral feeding devices. However, there are challenges such as high costs associated with the method, stringent regulations, and occasional errors in feeding that impact market growth.
Market Drivers
Malnutrition is a major driver, with nearly 40% of hospital beds occupied by malnutrition patients, leading to increased morbidity and mortality rates.
Enteral feeding is the preferred option for meeting the nutritional needs of malnourished and other patients who cannot orally intake nutrients.
High costs associated with enteral feeding and regulatory hurdles pose challenges to the market’s growth.
Types of Devices
Enteral feeding tubes hold the largest share among device types, driven by increasing adoption.
The Global Enteral Device Supplier Association (GEDSA) has introduced EnFit connectors as per new ISO standards, enhancing safety.
Liquid food is preferred due to ease of administration via tubes, and continuous feeding offers clinical advantages.
End Users and Applications
The elderly population is expected to dominate the market due to the rising incidence of chronic diseases in this group.
Oncology is the leading application segment, accounting for the largest share in 2019 and expected to continue dominating due to the prevalence of cancer.
Home care settings have the highest share among end users, with various reimbursement policies associated with home enteral nutrition products.
Regional Market
Europe is the leading contributor to global enteral food and device market revenues due to its easier approval process for feeding devices and high adoption rates.
Asia Pacific is expected to grow at the highest CAGR during the study period, driven by increasing cases of chronic disorders, a large geriatric population, and a surge in healthcare expenditure.
Top Key Players
Boston Scientific Corporation
Becton
Dickinson and Company
Moog Inc.
Fresenius SE & Co.
KGaA
Danone
Cook Medical, Inc.
Owens & Minor, Inc.
Cardinal Health Inc.
B. Braun Melsungen AG
Nestlé S.A.
Segmentation Overview
The Global Enteral Food and Devices Market is segmented into the following segments.
By Device Type
Enteral Feeding Pumps
Enteral Feeding Tubes
Nasogastric
Orogastric
Nasoenteric
Oroenteric
Gastrostomy
Jejunostomy
Administration Sets
Enteral Syringes
Other Consumables
By Food Form
Diskettes
Liquid
Powder
By Flow Type
Intermittent Feeding
Continuous Feeding
By Age Group
Below 15 years
15-30 years
40-45 years
45-60 years
Above 60 years
By Application
Oncology
Gastroenterology
Neurology
Diabetes
Hypermetabolism
Others
By End-user
Hospital
Homecare Setting
Ambulatory Care Settings
Conclusion:
The enteral food and devices market is on the rise due to factors like malnutrition prevalence, technological advancements, and the aging population. Challenges such as high costs and regulations exist. Enteral feeding tubes, liquid nutrition, and continuous feeding are prominent. Home care settings lead in usage. Europe dominates revenue, but Asia Pacific shows strong growth potential with increasing chronic diseases and healthcare spending. The market is poised for continued expansion and innovation.
Content Source: Enteral Food and Devices Market
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