Brazil Enteral Feeding Devices Market Size & Outlook
Brazil enteral feeding devices market, 2018-2030 (US$M)
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Brazil enteral feeding devices market highlights
- The Brazil enteral feeding devices market generated a revenue of USD 106.2 million in 2023 and is expected to reach USD 148.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
- In terms of segment, enteral feeding pump was the largest revenue generating product in 2023.
- Low Profile Gastrostomy Device is the most lucrative product segment registering the fastest growth during the forecast period.
Enteral feeding devices market data book summary
| Market revenue in 2023 | USD 106.2 million |
| Market revenue in 2030 | USD 148.8 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Enteral feeding pump |
| Fastest growing segment | Low Profile Gastrostomy Device |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Giving Set, Enteral Feeding Pump, Percutaneous Endoscopic Gastrostomy Device, Low Profile Gastrostomy Device, Nasogastric Tube, Gastrostomy Tube |
| Key market players worldwide | Conmed Corp, BD, Cook Medical, Boston Scientific Corp, Moog Inc A, Fresenius Kabi, Danone SA, Kimberly-Clark Corp, Abbott Laboratories, B. Braun, Cardinal Health Inc, Avanos Medical Inc, Vygon, Amsino International, Applied Medical Technology Inc., Fidmi Medical, Alcor Scientific |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.5% of the global enteral feeding devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil enteral feeding devices market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 54.1 million by 2030.
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Enteral Feeding Devices Market Scope
Enteral Feeding Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil enteral feeding devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to enteral feeding devices market will help companies and investors design strategic landscapes.
Enteral feeding pump was the largest segment with a revenue share of 45.1% in 2023. Horizon Databook has segmented the Brazil enteral feeding devices market based on giving set, enteral feeding pump, percutaneous endoscopic gastrostomy device, low profile gastrostomy device, nasogastric tube, gastrostomy tube covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is the largest economy in Latin America and ranks 124th as per 2020 World Bank rankings in terms of ease of conducting business. It spends nearly 9.88% of its GDP on healthcare and is focused on improving its healthcare policies, infrastructure, and regulatory framework.
Presence of a large customer base, growing prevalence of chronic diseases, such as cancer, diabetes, gastrointestinal diseases, & neurological diseases, and increasing incidence of preterm births are some of the crucial factors propelling the market growth in Brazil.
In addition, according to the International Diabetes Federation, 1 in 10 adults in Brazil is living with diabetes. Moreover, according to an article published in Wiley in 2022, 11.5% of births were premature. Such factors in Brazil are projected to boost the adoption of enteral feeding devices to meet the nutritional needs of patients, thereby propelling market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil enteral feeding devices market , including forecasts for subscribers. This country databook contains high-level insights into Brazil enteral feeding devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil enteral feeding devices market size, by product, 2018-2030 (US$M)
Brazil Enteral Feeding Devices Market Outlook Share, 2023 & 2030 (US$M)
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