Saudi Arabia Enteral Feeding Devices Market Size & Outlook
Saudi Arabia enteral feeding devices market, 2018-2030 (US$M)
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Saudi Arabia enteral feeding devices market highlights
- The Saudi Arabia enteral feeding devices market generated a revenue of USD 24.8 million in 2023 and is expected to reach USD 34.1 million by 2030.
- The Saudi Arabia 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.
Enteral feeding devices market data book summary
| Market revenue in 2023 | USD 24.8 million |
| Market revenue in 2030 | USD 34.1 million |
| Growth rate | 4.7% (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, Saudi Arabia accounted for 0.6% 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 Middle East & Africa, South Africa enteral feeding devices market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 32.5 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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Saudi Arabia 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 45.16% in 2023. Horizon Databook has segmented the Saudi Arabia 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 Saudi Arabia enteral feeding devices market is expected to grow at a steady rate over the forecast period. Growing geriatric population, which is highly susceptible to chronic diseases, is one of the major factors positively influencing the market growth in this country.
For instance, as per Saudi Arabian Monetary Agency (SAMA), the proportion of the Saudi Arabian population aged 60 years and above is estimated to reach 25% by the end of 2050. Moreover, the growing incidence of preterm birth may drive the need for enteral feeding devices in Saudi Arabia.
For instance, according to an article published by the National Institutes of Health in September 2022, the incidence of preterm birth was 8.4% in Saudi Arabia. Furthermore, rising prevalence of chronic diseases, such as cancer, diabetes, and neurological diseases, is likely to offer new opportunities for enteral feeding devices during forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia enteral feeding devices market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia enteral feeding devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia enteral feeding devices market size, by product, 2018-2030 (US$M)
Saudi Arabia Enteral Feeding Devices Market Outlook Share, 2023 & 2030 (US$M)
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