Singapore Enteral Feeding Devices Market Size & Outlook
Singapore enteral feeding devices market, 2018-2030 (US$M)
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Singapore enteral feeding devices market highlights
- The Singapore enteral feeding devices market generated a revenue of USD 83.5 million in 2023 and is expected to reach USD 119.3 million by 2030.
- The Singapore market is expected to grow at a CAGR of 5.2% 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 83.5 million |
| Market revenue in 2030 | USD 119.3 million |
| Growth rate | 5.2% (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, Singapore accounted for 2.0% 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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Singapore 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 45.27% in 2023. Horizon Databook has segmented the Singapore 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.
Malnutrition is often an unrecognized risk in hospitalized or nursing home patients in Singapore. As per a study conducted by Abbott, SingHealth Polyclinics (SHP), and Changi General Hospital (CGH), in 2021, approximately 80% of the elderly population was at risk of malnutrition in Singapore. In addition, malnutrition assessment & screening is the most common nutritional research conducted in Singapore.
Approximately 2.8% to 31.5% of the community and 14.7% to 65.0% of acute care populations are found to be malnourished in Singapore. Hence, high proportion of malnutrition in the country is expected to create new opportunities in enteral feeding devices market during the forecast period.
Moreover, with rise in the geriatric population, there has been an increase in the number of patients suffering from dysphagia, which has increased the adoption of enteral feeding devices in Singapore. For instance, as per the Ministry of Health, Singapore, dysphagia affects about 15% of the total elderly population in Singapore.
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Horizon Databook provides a detailed overview of country-level data and insights on the Singapore enteral feeding devices market , including forecasts for subscribers. This country databook contains high-level insights into Singapore enteral feeding devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Singapore enteral feeding devices market size, by product, 2018-2030 (US$M)
Singapore Enteral Feeding Devices Market Outlook Share, 2023 & 2030 (US$M)
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