Russia Enteral Feeding Devices Market Size & Outlook
Russia enteral feeding devices market, 2018-2030 (US$M)
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Russia enteral feeding devices market highlights
- The Russia enteral feeding devices market generated a revenue of USD 56.7 million in 2023 and is expected to reach USD 79.1 million by 2030.
- The Russia 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 56.7 million |
| Market revenue in 2030 | USD 79.1 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, Russia accounted for 1.3% 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 Europe, Germany enteral feeding devices market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 216.5 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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Russia 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 45.5% in 2023. Horizon Databook has segmented the Russia 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.
Improving healthcare infrastructure, increasing healthcare expenditure, and rising patient awareness are some of the factors influencing the growth of enteral feeding devices market in this region.
Moreover, growing geriatric population in Russia is expected to offer lucrative opportunities in the market during the forecast period. For instance, according to Population Reference Bureau, in 2022, Russia ranked fifth place in terms of the percentage of the population aged 65 & above (14.6%).
The growing incidence of chronic diseases such as cancer is likely to boost the adoption of enteral feeding tubes in patients, especially those undergoing radiotherapy treatment. For instance, according to the World Cancer Research Fund International, in 2020, 576,535 people in Russia were suffering from cancer.
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Horizon Databook provides a detailed overview of country-level data and insights on the Russia enteral feeding devices market , including forecasts for subscribers. This country databook contains high-level insights into Russia enteral feeding devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia enteral feeding devices market size, by product, 2018-2030 (US$M)
Russia Enteral Feeding Devices Market Outlook Share, 2023 & 2030 (US$M)
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