Market revenue in 2023 | USD 106.5 million |
Market revenue in 2030 | USD 152.7 million |
Growth rate | 5.3% (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 |
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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 44.79% in 2023. Horizon Databook has segmented the Japan 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.
Growing geriatric population in Japan is likely to drive the demand for enteral feeding devices market in the country over the forecast period. According to World Bank, in 2021, over 30% of the Japanese population was aged 65 & above. Geriatric population is at a higher risk of chronic diseases, which is expected to propel the growth of enteral feeding devices market in this country.
In addition, with increasing healthcare spending, enteral feeding devices market is expected to witness substantial growth in Japan over the forecast period. For instance, healthcare expenditure in Japan increased from 9.06% in 2010 to 10.74% in 2019.
Furthermore, several key players in enteral feeding devices market are launching novel solutions to enhance the nutrition offered through enteral feeding devices. For instance, in June 2020, Otsuka Pharmaceutical Factory, Inc. introduced a novel ENORAS liquid for enteral feeding tubes with polymeric enteric nutrition formula to offer the best clinical nutrition for patients.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan enteral feeding devices market , including forecasts for subscribers. This country databook contains high-level insights into Japan enteral feeding devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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