Thailand Enteral Feeding Devices Market Size & Outlook
Thailand enteral feeding devices market, 2018-2030 (US$M)
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Thailand enteral feeding devices market highlights
- The Thailand enteral feeding devices market generated a revenue of USD 57.5 million in 2023 and is expected to reach USD 81.2 million by 2030.
- The Thailand market is expected to grow at a CAGR of 5.1% 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 57.5 million |
| Market revenue in 2030 | USD 81.2 million |
| Growth rate | 5.1% (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, Thailand 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 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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Thailand 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 45.22% in 2023. Horizon Databook has segmented the Thailand 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 increasing geriatric population and growing incidence of preterm births in Thailand are among the key factors anticipated to drive the adoption of enteral feeding devices during the forecast period. For instance, in 2021, the estimated percentage of the population older than 65 years of age was 13.2%.
The percentage of elderly people increased from 2021 in comparison with 12.6% in 2020. Moreover, preterm birth is a major concern in Thailand. For instance, according to Samitivej PCL, the rate of preterm births is about 12% of all births in Thailand.
preterm births is about 12% of all births in Thailand. Furthermore, rising prevalence of chronic diseases, such as neurological diseases and cancer, is expected to propel the growth of enteral feeding devices market in Thailand. For instance, according to International Parkinson and Movement Disorder Society, the estimated prevalence of advanced Parkinson’s disease was approximately 37.1% in Thailand as of 2021.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand enteral feeding devices market , including forecasts for subscribers. This country databook contains high-level insights into Thailand enteral feeding devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand enteral feeding devices market size, by product, 2018-2030 (US$M)
Thailand Enteral Feeding Devices Market Outlook Share, 2023 & 2030 (US$M)
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