Market revenue in 2023 | USD 1,335.9 million |
Market revenue in 2030 | USD 1,790.3 million |
Growth rate | 4.3% (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 44.37% in 2023. Horizon Databook has segmented the U.S. 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 U.S. accounted for the largest market share of North America enteral feeding devices market. In the U.S., a large number of individuals are suffering from head & neck cancer, which is expected to boost the adoption of these devices. For instance, according to CDC, in 2019, 47,813 new cases of oral cavities and pharynx cancer were reported in the country.
Furthermore, rising demand for these devices by end users and the fact that enteral feeding is the safest way to help patients meet their nutritional requirements have positively influenced the market growth in this region. Some of the major players are Kimberly-Clark Corporation, Abbott Nutrition, Boston Scientific.
In addition, several key players are developing technologically advanced enteral feeding devices and receiving FDA clearance for commercialization in the U.S. For instance, in November 2022, Rockfield Medical Devices received FDA approval for the company’s portable enteral feeding system. Such initiatives in the U.S. are expected to drive the market during the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. enteral feeding devices market , including forecasts for subscribers. This country databook contains high-level insights into U.S. enteral feeding devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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