India Enteral Feeding Devices Market Size & Outlook
India enteral feeding devices market, 2018-2030 (US$M)
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India enteral feeding devices market highlights
- The India enteral feeding devices market generated a revenue of USD 127.9 million in 2023 and is expected to reach USD 193.8 million by 2030.
- The India market is expected to grow at a CAGR of 6.1% 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 127.9 million |
| Market revenue in 2030 | USD 193.8 million |
| Growth rate | 6.1% (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, India accounted for 3.0% 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 Asia Pacific, China enteral feeding devices market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 193.8 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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India 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 44.96% in 2023. Horizon Databook has segmented the India 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.
India is expected to grow at the fastest CAGR over the forecast period. Increase in the incidence of malnutrition and diabetes in India is expected to drive the market over the forecast period. According to WHO, in 2019, nearly 77 million people were living with diabetes in India and an estimated 8.7% of the people suffering from diabetes are aged between 20 and 70.
In addition, according to Global Nutrition Report 2018, India is facing a major malnutrition crisis with approximately 46.6 million people suffering from malnutrition. Moreover, increasing preterm births is expected to boost the adoption of enteral feeding devices in India during the forecast period.
In addition, growing prevalence of cancer due to excessive consumption of tobacco in India is likely to increase the adoption of enteral feeding devices during the forecast period. For instance, according to National Institutes of Health, 1,461,427 new cancer cases were found in India in 2022. In India, one in nine people is likely to develop cancer in his/her lifetime.
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Horizon Databook provides a detailed overview of country-level data and insights on the India enteral feeding devices market , including forecasts for subscribers. This country databook contains high-level insights into India enteral feeding devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India enteral feeding devices market size, by product, 2018-2030 (US$M)
India Enteral Feeding Devices Market Outlook Share, 2023 & 2030 (US$M)
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