2025-2034 Growth Prospects of the Enteral Feeding Tube Equipment Market: Key Trends and Opportunities Analyzed
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How Significant is the Anticipated Growth Rate of the Enteral Feeding Tube Equipment Market from 2025 to 2034?
In recent times, the enteral feeding tube equipment market has experienced steady growth. The market is projected to climb from $2.64 billion in 2024 to $2.83 billion in 2025, recording a compound annual growth rate (CAGR) of 7.0%. The growth during the historical period can be tied back to factors such as the increasing prevalence of chronic illnesses, a growing aging population, increasing understanding of dietary needs, a surge in home healthcare service expansions, and healthcare infrastructure enhancements.
The market involved with enteral feeding tube equipment is projected to experience robust growth in the upcoming years, ballooning to $3.65 billion by 2029 with a compound annual growth rate of 6.6%. Factors contributing to this expected expansion during the forecast period are the escalating incidence of gastrointestinal conditions, the increased need for home-based healthcare services, the growing elderly population, the improved accessibility to global healthcare, and the enhanced utilization of enteral nutrition in clinical scenarios. The forecast period is also set to witness major market trends such as advancements in medical technology, the incorporation of intelligent technology, the rise in minimally invasive procedures, the growth of the home care market, and the advancement of personalized nutrition solutions.
What External and Internal Drivers Are Contributing to the Growth of the Enteral Feeding Tube Equipment Market’s Growth?
The escalating prevalence of chronic illnesses is projected to fuel the expansion of the enteral feeding tube equipment market. Chronic illnesses are long-term health issues that develop slowly, last for a long period, and generally need continuous medical care and management. The growth in chronic diseases arises from various factors, including older age groups, inactive lifestyles, unhealthy eating patterns, increasing obesity levels, and the growing occurrence of risk factors such as tobacco use and heavy alcohol consumption. Patients incapable of eating orally due to illnesses like cancer, severe gastrointestinal problems, or neurological disorders use enteral feeding tube equipment to receive vital nutrition. They ensure these patients get the requisite nutrients and drugs for continued care and therapy. For example, in April 2022, the National Association of Chronic Disease Directors (NACDD), a non-profit organization based in the US, reported that nearly 60% of adults have at least one chronic disease, and around 40% of adults suffer from multiple chronic conditions (MCC). Furthermore, this is anticipated to burden the US economy with an annual cost of 2 trillion dollars, or $8,600 per individual by 2030. Hence, the increasing prevalence of chronic illnesses is accelerating the growth of the enteral feeding tube equipment market.
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Who Are the Dominant Players Pushing the Boundaries of the Enteral Feeding Tube Equipment Market?
Major companies operating in the enteral feeding tube equipment market are:
• AECOM Technology Corporation_x000D_
• Bureau Veritas SA_x000D_
• Stantec Inc._x000D_
• GHD Group_x000D_
• Bidwells LLP_x000D_
How Are Market Trends Revolutionizing the Enteral Feeding Tube Equipment Industry in Recent Times?
Leading enterprises in the enteral feeding tube equipment market are concentrating their efforts on developing cutting-edge products like the enteral feeding system. This innovation aims to improve accuracy, safer tube placement, and simpler monitoring for those patients in need of enteral nutrition. Essentially, an enteral feeding system is a medical device designed to deliver nourishment directly to the gastrointestinal tract – typically via a tube – for those unable to safely consume or swallow food. For example, in September 2023, the U.S. healthcare company Cardinal Health, known for its medical products and services, brought the Kangaroo OMNI Enteral Feeding Pump to market. This revolutionary device provides bespoke enteral feeding solutions through the capacity to deliver thick, homogenized and mixed formulas. Kangaroo OMNI aids patient care through its portability, user-friendliness, and feeding history monitoring capabilities, thereby catering to patients’ needs, whether in the hospital or at home.
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What Are the Strategic Segments Comprising the Enteral Feeding Tube Equipment Market and Their Growth Contributions?
The enteral feeding tube equipment market covered in this report is segmented –
1) By Type: Gastrostomy Tube, Nasogastric Tube, Other Types
2) By Application: Oncology, Gastroenterology, Neurology, Diabetes, Other Applications
3) By End-User: Hospitals, Home Care Settings, Ambulatory Care Settings, Other End Users
Subsegments:
1) By Gastrostomy Tube: Percutaneous Endoscopic Gastrostomy (Peg) Tube, Low-Profile Gastrostomy Tube (Button Tube), Balloon Gastrostomy Tube, Gastrostomy Tube With Balloon Retention
2) By Nasogastric Tube: Traditional Nasogastric (Ng) Tube, Fine Bore Nasogastric Tube, Silicone Nasogastric Tube, Weighted Nasogastric Tube, Nasogastric Tube With Stylet
3) By Other Types: Nasojejunal Tube, Orogastric Tube, Jejunostomy Tube, Esophagostomy Tube, Transpyloric Tube
Which Geographic Areas Are Influencing the Growth of the Enteral Feeding Tube Equipment Market?
North America was the largest region in the enteral feeding tube equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the enteral feeding tube equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Is the Enteral Feeding Tube Equipment Market Classified and Defined in Market Analysis?
Enteral feeding tube equipment refers to medical devices designed to deliver nutrition directly into the digestive tract of patients who cannot eat by mouth. It provides essential nutrients, fluids, and medications to individuals with conditions that impair their ability to consume food normally, such as severe illnesses, neurological disorders, or gastrointestinal issues.
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