Enteral Feeding Devices Market Projected to Reach USD 7.06 Billion by 2032 - Growing Demand for Nutrition Support

The global Enteral Feeding Devices Market was valued at USD 4.15 billion in 2023 and is projected to reach USD 7.06 billion by 2032, with a CAGR of 6.11% during the forecast period. The market growth is driven by the increasing geriatric population requiring enteral feeding for nutrition due to chronic health issues.

In the U.S., the enteral feeding devices market was estimated at USD 1.27 billion in 2023 and is expected to reach USD 2.15 billion by 2032, with a CAGR of 6.02%. The country’s market dominance is attributed to its growing elderly population dependent on enteral feeding for sustenance and quality of life.

The enteral feeding pump segment held the largest market share in 2023 at 50.80%, favored for its precision and effectiveness in providing measured nutrition. These pumps are crucial for critically ill or pediatric patients in hospitals, home care, and extended care facilities for consistent nutritional delivery.

In 2023, the Adult segment accounted for the largest share of the Enteral Feeding Devices Market at 91.30%, driven by the high prevalence of chronic diseases among adults like cancer, stroke, and gastrointestinal issues. Enteral feeding is crucial for many adults requiring long-term nutritional support.

The orphan diseases segment emerged as the fastest-growing segment in the enteral feeding devices market in 2023 due to increasing awareness, improved diagnosis, and focus on treating rare diseases. Government support, research funding, and patient advocacy have also contributed to the growth of enteral feeding solutions for these conditions.

Read more at GlobeNewswire: Enteral Feeding Devices Market Set to Reach USD 7.06