Europe Enteral Feeding Devices Market Size & Outlook
Europe enteral feeding devices market, 2018-2030 (US$M)
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Europe enteral feeding devices market highlights
- The Europe enteral feeding devices market generated a revenue of USD 1,209.9 million in 2023.
- The market is expected to grow at a CAGR of 4.7% 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.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,209.9 million |
| Market revenue in 2030 | USD 1,663.6 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Enteral feeding pump |
| Fastest growing segment | Low Profile Gastrostomy Device |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 28.3% of the global enteral feeding devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,436.8 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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Europe 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 44.67% in 2023. Horizon Databook has segmented the Europe 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.
The enteral feeding devices market remained unaffected by the economic downturn in European countries mainly due to the presence of sophisticated healthcare infrastructure; high awareness among patients & practitioners; growing geriatric population, especially in the Western European region; rising prevalence of preterm births; and introduction of industry-friendly regulations such as the implementation of ISO standards for small-bore connectors.
Moreover, effective reimbursement policies for enteral feeding products have supported the growth of this region. Prescription and reimbursement of enteral nutrition are covered by Volume Five of the Social Legislation Code (Social Code Book No. 5). According to this, the cost of Home Enteral Nutrition (HEN) is fully funded by national or private health insurance in high-income countries such as the UK, Spain, Germany, Italy, France, Spain, and Switzerland.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe enteral feeding devices market , including forecasts for subscribers. This continent databook contains high-level insights into Europe enteral feeding devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe enteral feeding devices market size, by country, 2018-2030 (US$M)
Europe Enteral Feeding Devices Market Outlook Share, 2023 & 2030 (US$M)
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