Exploring Key Insights of the Neonatal Infants Enteral Feeding Devices Market: Growth Prospects, Emerging Trends, and Opportunities
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What key factors are powering the surge in the neonatal infants enteral feeding devices market right now?
In recent times, there has been consistent growth in the market size for neonatal infants enteral feeding devices. It is set to expand from a $2.16 billion mark in 2024 to achieve $2.25 billion by 2025, at a compound annual growth rate (CAGR) of 3.9%. The noted growth during the historic period is due to factors like a surge in premature birth rates, an upward trend in neonatal disorders, increased need for specialized neonatal care, and the growth of healthcare infrastructure.
How fast Is the neonatal infants enteral feeding devices market expected to grow, and what’s its future value?
The market size for neonatal infant enteral feeding devices is projected to experience consistent growth over the next several years, with its valuation rising to $2.58 billion in 2029 and a compound annual growth rate (CAGR) of 3.5%. This upturn in the upcoming period could be credited to the heightened adoption of enteral nutrition in neonatal intensive care units, expanding investments in healthcare infrastructure in burgeoning markets, growing consciousness about the advantages of enteral feeding in neonates, the extension of enteral feeding device applications in homecare environments, and breakthroughs in enteral feeding innovations for enhanced patient results. Prominent trends anticipated during the forecast period encompass technological leaps, reduction in size of enteral feeding devices, incorporation of smart technology for remote supervision, creation of unique enteral formulas for neonates, focus on measures to prevent and control infection, and customized nutrition interventions for individual care.
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What are the leading drivers of growth in the neonatal infants enteral feeding devices market?
The escalating occurrence of premature births is anticipated to enhance the growth of the neonatal infant enteral feeding devices market in the future. A premie or preterm birth is when an infant is born prior to completing 37 weeks of gestation, which potentially leads to a variety of health complications as a result of insufficient development. Factors contributing to the issue of preterm birth include advanced maternal age, lifestyle choices, medical procedures like assisted reproductive technologies, maternal health issues, and environmental circumstances. Neonatal infant enteral feeding devices are employed for premature births to offer vital nutrition directly into the stomach or intestines of infants who cannot feed orally, thereby facilitating their growth and development. A slight increase in the percentage of preterm live births from 7.5% in 2021 to 7.9% in 2022 was reported in May 2024 by the Office for National Statistics, a governmental organization based in the UK. The escalating occurrence of preterm birth is thus steering the progress of the neonatal infant enteral feeding devices market. Under the title “Neonatal Infants Enteral Feeding Devices Market Driver: Rising Neonatal Admissions Fuel Growth in the NICU Catheter Market,” it is clear that the escalating rates of neonatal hospital admissions are expected to foster the growth of the neonatal infant enteral feeding devices market in the future. The term neonatal admissions refers to the hospitalization or admittance of newborn infants for medical care and surveillance, generally in the initial 28 days of life. Neonatal infant enteral feeding devices serve to provide specific medical treatments and monitoring to premature or critically ill infants, hence safeguarding their immediate health requirements and improving their chances for survival and healthy development. According to the American Academy of Pediatrics (AAP), a not-for-profit organization based in the US, there was an increase in the percentage of infants identified as late preterm (LPT) and low birth weight (LBW) receiving exclusive care in the nursery from 83.9% to 88.8% in October 2023 due to distinctive circumstances. Hence, the escalating neonatal admissions are fueling the growth of the neonatal infant enteral feeding devices market in the future.
What are the key segments defining the neonatal infants enteral feeding devices market?
The neonatal infants enteral feeding devices market covered in this report is segmented –
1) By Product Type: Gastrostomy Tubes, Jejunostomy Tubes, Duodenostomy Tubes, Nasal Feeding Tubes, Oropharyngeal Feeding Tubes
2) By Material: Silicone, Polyurethane, Polyvinyl Chloride
3) By Size: Preterm, Full Term
4) By Application: Clinic, Hospital, Ambulatory Care, Home Use, Other Applications
Subsegments:
1) By Gastrostomy Tubes: Percutaneous Endoscopic Gastrostomy (Peg) Tubes, Balloon Gastrostomy Tubes, Non-Balloon Gastrostomy Tubes
2) By Jejunostomy Tubes: Percutaneous Endoscopic Jejunostomy (Pej) Tubes, Balloon Jejunostomy Tubes, Non-Balloon Jejunostomy Tubes
3) By Duodenostomy Tubes: Percutaneous Endoscopic Duodenostomy Tubes, Balloon Duodenostomy Tubes, Non-Balloon Duodenostomy Tubes
4) By Nasal Feeding Tubes: Nasogastric (Ng) Tubes, Nasoduodenal (Nd) Tubes, Nasojejunal (Nj) Tubes
5) By Oropharyngeal Feeding Tubes: Oro-Gastric (Og) Tubes, Oro-Pharyngeal Nasal Tubes
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Who are the key players steering the development of the neonatal infants enteral feeding devices market?
Major companies operating in the neonatal infants enteral feeding devices market are Cardinal Health Inc., Abbott Inc., 3M, Medtronic Plc, Kimberly-Clark Corporation, Becton Dickinson and Company, Boston Scientific Corporation, Fresenius Kabi AG, Terumo Corporation, Coloplast Corp., B. Braun Melsungen AG, Moog Inc., Cook Medical Inc., Teleflex Incorporated, ConvaTec Inc., Halyard Health Inc., Hollister Incorporated, CONMED Corporation, Avanos Medical Inc., Amsino International Inc., Nutricia, Vygon SA, Wellspect Healthcare, Applied Medical Technology Inc., Qosina Corporation
What key trends are currently impacting the neonatal infants enteral feeding devices market’s development?
Leading organizations within the neonatal infant enteral feeding devices market are pioneering products that incorporate advanced technologies including real-time evaluation technology to ensure efficient feeding and optimal nourishment, thereby mitigating the occurrence of complications. The application of real-time evaluation technology in infant enteral feeding equipment enhances the accuracy of feeding, strengthens safety, promotes early detection of issues, enables data-guided choices, involves parents, and augments overall neonatal care efficiency. For example, in August 2023, Cardinal Health, an American healthcare services and product provider, unveiled its innovative NTrainer System 2.0, a medical apparatus aimed at accelerating the development of oral coordination skills in premature and newborn infants for quicker transition to autonomous feeding. The NTrainer System 2.0 is the sole FDA Class II biofeedback device that aids newborns and prematurely born infants in honing their non-nutritive sucking (NNS) skills required for independent oral feeding. The device leverages real-time assessment technology to offer clinicians with actionable data to monitor an infant’s development of pre-feeding skills progress.
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Which regions are most influential in expanding the neonatal infants enteral feeding devices market?
North America was the largest region in the neonatal infants enteral feeding devices market in 2024. The regions covered in the neonatal infants enteral feeding devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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