Emerging Demand For Enteral Feeding Tubes Will Grow The Global Feeding Tubes Market Size

Emerging Demand For Enteral Feeding Tubes Will Grow The Global Feeding Tubes Market Size

The global feeding tubes market has witnessed robust growth owing to the increasing prevalence of chronic conditions such as cancer, neurological disorders and gastrointestinal disorders. Feeding tubes help provide nutrition directly to the stomach or small intestine of patients who are unable to consume oral food and nutrients. They are commonly used for newborns, infants, children, and adults with feeding problems or swallowing disorders. Feeding tubes have various benefits such as reducing risk of aspiration pneumonia, improving calorie and nutrition intake and reducing complications associated with malnutrition.

The Global Feeding Tubes Market Size Is Estimated To Be Valued At US$ 6.34 Bn In 2024 And Is Expected To Exhibit A CAGR Of 6.2% Over The Forecast Period 2024-2031.

Key Takeaways

Key players operating in the global feeding tubes market Are Boston Scientific Corporation, Vygon, BD, Cardinal Health, Amsino International, Inc., Fidmi Medical, Vesco Medical, Mckesson Medical-Surgical, Medela AG, ALCOR Scientific, Nutricia, Medline Industries, Inc., Mead Johnson & Company, LLC., Abbott, Meiji Holdings Co., Ltd., Fresenius Kabi AG, B. Braun SE, Trovita Health Science, Victus Inc., Avanos Medical Inc., Cardinal Health, Moog Inc, Conmed Corporation, and Cook Medical. The market is witnessing robust growth due to the increasing prevalence of chronic diseases such as cancer, gastrointestinal disorders and neurological disorders which require long-term tube feeding. Technological advancements in feeding tubes such as low-profile gastrostomy button devices, jejunostomy tubes and low-profile gastrojejunostomy tubes have reduced complications and improved patient comfort.

Market Trends

Increasing Geriatric Population: The growing geriatric population is susceptible to chronic medical conditions like dementia which impair swallowing function and necessitate long-term feeding tube support. This is anticipated to drive the demand.

Growing Adoption Of Enteral Nutrition: Enteral nutrition via feeding tubes is being increasingly used for managing malnutrition in chronic disease patients. It provides advantages like fewer infections and lower costs compared to parenteral nutrition.

Market Opportunities

Rising Incidence Of Preterm Births: According to the WHO, preterm birth complications are the leading cause of death among children under 5 years of age. This is expected to increase the need for feeding tubes in neonatal intensive care units.

Development Of Advanced Tubes: There is scope for development of technologically advanced tubes with features like controlled bolus delivery of supplements, crush-resistant properties and integrated pH monitors to further improve patient outcomes.

Impact OF Covid-19 ON Global Feeding Tubes Market

The COVID-19 pandemic has hugely impacted the growth of the global feeding tubes market. As the virus severely affects the respiratory system, many patients required ventilator support and intensive care. This led to an increased demand for feeding tubes for nutritional support of critically ill patients. However, during the initial months of the pandemic, supply chain disruptions affected the availability of feeding tubes. With restrictions on elective procedures, the demand from non-COVID patients declined temporarily. As the pandemic progressed, guidelines emphasized the importance of adequate nutrition support for COVID patients. Telehealth emerged as an important tool for supporting home tube feeding patients. Looking ahead, the increasing caseload of post-COVID complications like dysphagia is expected to sustain the demand. At the same time, cost management pressures on healthcare systems worldwide may restraint the market growth in the near future. Strategies focusing on affordable and innovative product offerings while ensuring supply security will be crucial for leading players in this space.

North America holds the largest share of the global feeding tubes market in terms of value. This is owing to the rising geriatric population, higher adoption of advanced medical technologies, and growing incidence of chronic diseases in the US and Canada. Asia Pacific is projected to be the fastest growing region during the forecast period. Factors such as increasing healthcare expenditures, rising awareness about enteral nutrition, growing prevalence of chronic diseases, and upgrading of healthcare infrastructure will support the market expansion. Countries like China, India, and Japan are expected to provide considerable opportunities. Moreover, improving access in smaller Asian markets will further drive the regional market growth.

What are the key data covered in this Global Feeding Tubes Market report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the Global Feeding Tubes Market's growth between 2024 and 2031.

:- Accurate calculation of the size of the Global Feeding Tubes Market and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behavior

:- Global Feeding Tubes Market Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

:- A complete examination of the market's competitive landscape, as well as extensive information on vendors

:- Detailed examination of the factors that will impede the expansion of Global Feeding Tubes Market vendors

FAQ’s

Q.1 What are the main factors influencing the Global Feeding Tubes market?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market’s opportunities, risks, and general structure?
Q.4 Which of the top Global Feeding Tubes Market companies compare in terms of sales, revenue, and prices?
Q.5 Which businesses serve as the Global Feeding Tubes market’s distributors, traders, and dealers?
Q.6 How are market types and applications and deals, revenue, and value explored?
Q.7 What does a business area’s assessment of agreements, income, and value implicate?

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