Canada Enteral Feeding Devices Market Size & Outlook
Canada enteral feeding devices market, 2018-2030 (US$M)
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Canada enteral feeding devices market highlights
- The Canada enteral feeding devices market generated a revenue of USD 253.7 million in 2023 and is expected to reach USD 369.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.5% 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 253.7 million |
| Market revenue in 2030 | USD 369.3 million |
| Growth rate | 5.5% (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, Canada accounted for 5.9% 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 North America, U.S. enteral feeding devices market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 369.3 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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Canada 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 44.07% in 2023. Horizon Databook has segmented the Canada 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.
Canada enteral feeding devices market is anticipated to witness substantial growth over the forecast period owing to a large number of patients suffering from head and neck cancer, who are at a higher risk of malnutrition. For instance, according to Canadian Cancer Society, in 2022, there were around 7,500 people diagnosed with head and neck cancer in Canada.
Moreover, increase in the geriatric population and consequent rise in the incidence of various chronic diseases have fueled the growth of enteral feeding devices market in Canada. According to the statistics published by the Canadian government, in 2021, over 861,000 Canadians were aged 85 and above, and this number is expected to increase three times by the end of 2050.
Furthermore, growing number of premature babies due to preeclampsia in Canada is projected to increase the adoption of enteral feeding devices for pre-mature babies in ICU. For instance, according to MOUNT SINAI HOSPITAL, every year, approximately 25,000 premature babies are born in Canada.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada enteral feeding devices market , including forecasts for subscribers. This country databook contains high-level insights into Canada enteral feeding devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada enteral feeding devices market size, by product, 2018-2030 (US$M)
Canada Enteral Feeding Devices Market Outlook Share, 2023 & 2030 (US$M)
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