Overview and Scope
Enteral nutrition refers to a method of delivering nutrition directly into the gastrointestinal (GI) tract, bypassing the oral route through a feeding tube that is inserted either through the nose (nasogastric or nasoenteric tube) or directly into the stomach or small intestine (gastrostomy or jejunostomy tube).
Sizing and Forecast
The enteral nutrition market size has grown strongly in recent years. It will grow from $11.55 billion in 2023 to $12.44 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to clinical need, hospital and clinical settings, surgical procedures, improved feeding tubes, increased awareness.
The enteral nutrition market size is expected to see strong growth in the next few years. It will grow to $16.8 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to patient-centric care, chronic health conditions, home-based care, personalized nutrition, rise in gastrointestinal disorders. Major trends in the forecast period include optimization of administration techniques, tube placement technologies, modular and tailored nutrition solutions, immunonutrition development, home enteral feeding kits.
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The enteral nutrition market covered in this report is segmented –
1) By Product Type: Standard Enteral Nutrition, Enteral Nutrition For Chronic Illness
2) By Nutrition Type: Proteins, Carbohydrates, Multi Vitamins, Antioxidants, Amino Acids, Fibers, Minerals, Other Nutritional Types
3) By Patient Type: Adults, Pediatric
4) By Application: Cancer, Critical Care, Diabetes, Gastrointestinal Diseases, Other Applications
5) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
North America was the largest region in the enteral nutrition market in 2023. The regions covered in the enteral nutrition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increase in the prevalence of chronic disease is expected to drive the demand for enteral nutrition. Chronic or non-communicable diseases (NCDs) are long-term conditions that typically progress slowly and persist over an extended period. It includes cardiovascular diseases, diabetes, respiratory diseases, cancer, chronic kidney disease, neurological diseases, rheumatoid arthritis, and other autoimmune diseases. Enteral nutrition can be used as a supportive measure for patients who have difficulty eating or maintaining adequate nutrition due to the disease or its treatments. For instance, in 2023, according to the report published by the American Cancer Society, Inc, a US-based nationwide voluntary health organization dedicated to eliminating cancer, estimated new cases of liver cancer in females diagnosed in the United States increased from 12,660 in 2022 to 13,230 in 2023. Further, in December 2021, according to the statistics published by International Diabetes Federation, a Belgium-based, non-profit diabetes association, in 2021, 537 million adults (20-79 years) recorded living with diabetes, and 6.7 million people died of diabetes in 2021. However, by 2030, it is anticipated that 643 million people worldwide will have diabetes. Therefore, the increase in chronic disease prevalence is driving the enteral nutrition market.
Key Industry Players
Major companies operating in the enteral nutrition market report are Cardinal Health Inc., Nestle S.A., Fresenius Kabi AG, Abbott Laboratories, Medtronic Inc., Danone S.A., Becton, Dickinson and Company, Otsuka Pharmaceutical Factory, Boston Scientific Corporation, Hormel Foods Corporation, B. Braun Melsungen AG, Reckitt Benckiser Group PLC, Meiji Holdings Co. Ltd., C. R. Bard GmbH, Moog Inc., Mead Johnson Nutrition, Cook Medical, Halyard Health Inc., Avanos Medical Inc., Applied Medical, Angiplast Pvt Ltd., Kate Farms, Global Health Products Inc., Victus Inc., VYGON SAS
The enteral nutrition market report table of contents includes:
1. Executive Summary
2. Enteral Nutrition Characteristics
3. Enteral Nutrition Trends And Strategies
4. Enteral Nutrition – Macro Economic Scenario
5. Global Enteral Nutrition Size and Growth
…..
32. Global Enteral Nutrition Competitive Benchmarking
33. Global Enteral Nutrition Competitive Dashboard
34. Key Mergers And Acquisitions In The Enteral Nutrition
35. Enteral Nutrition Future Outlook and Potential Analysis
36. Appendix
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