The Growing Demand for Enteral Feeding Devices: Key Market Trends and Insights
In 2023, the global enteral feeding devices market reached a valuation of USD 4.3 billion, with a forecasted compound annual growth rate (CAGR) of 5.0% from 2024 to 2030. A significant driver of this market growth is the increasing global geriatric population, which is associated with a rise in chronic conditions such as diabetes, severe pancreatitis, and various gastrointestinal diseases that require nutritional support. The adoption of specialized protocols, such as the "Feed Early Enteral Diet Adequately for Maximum Effect" (FEED ME) in surgical trauma intensive care units (ICUs) in the United States, is also fostering demand for enteral feeding devices, as it facilitates subsidies and improves access to these essential products. Furthermore, technological advancements, such as the development of tri-funnel replacement G-tubes and J-tubes with reverse balloon designs, are anticipated to enhance device functionality and contribute to market expansion over the forecast per...