What is Global Enteral Feeding Device Used for Diabetes Market?
The Global Enteral Feeding Device Used for Diabetes Market is a specialized segment of the healthcare industry that focuses on the production and distribution of enteral feeding devices specifically designed for diabetic patients. Enteral feeding devices are medical tools used to provide nutrition directly into the digestive system of a patient who cannot eat normally. These devices are particularly beneficial for diabetic patients who need to maintain strict control over their blood sugar levels. The global market for these devices is a dynamic and evolving sector, influenced by factors such as technological advancements, changing healthcare regulations, and the increasing prevalence of diabetes worldwide.
Enteral Feeding Pumps, Enteral Feeding Tubes, Consumables in the Global Enteral Feeding Device Used for Diabetes Market:
The Global Enteral Feeding Device Used for Diabetes Market is segmented into various categories, including enteral feeding pumps, enteral feeding tubes, and consumables. Enteral feeding pumps are electronic devices that deliver precise amounts of nutrition to the patient. They are often portable and easy to use, making them ideal for home care settings. Enteral feeding tubes, on the other hand, are inserted into the patient's digestive tract to deliver the nutrition directly. Consumables include the nutritional formula that is fed to the patient, as well as any necessary accessories such as syringes and feeding bags. Each of these segments plays a crucial role in the overall market and contributes to its growth and development.
Hospitals, Home Care in the Global Enteral Feeding Device Used for Diabetes Market:
The Global Enteral Feeding Device Used for Diabetes Market finds its application in various settings, primarily hospitals and home care. In hospitals, these devices are used to provide nutritional support to patients who are unable to eat due to various medical conditions, including diabetes. Home care, on the other hand, refers to the use of these devices by patients at home, under the supervision of healthcare professionals. The rise in home healthcare services has significantly contributed to the growth of this market segment.
Global Enteral Feeding Device Used for Diabetes Market Outlook:
In 2023, the Global Enteral Feeding Device Used for Diabetes Market was valued at US$ 81 million. It is projected to reach a value of US$ 113.9 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.0% during the forecast period from 2024 to 2030. This growth is part of a larger trend in the global medical devices market, which was estimated to be worth US$ 603 billion in 2023 and is expected to grow at a CAGR of 5% over the next six years.
Report Metric | Details |
Report Name | Enteral Feeding Device Used for Diabetes Market |
Accounted market size in 2023 | US$ 81 million |
Forecasted market size in 2030 | US$ 113.9 million |
CAGR | 5.0% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
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Segment by Application |
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Consumption by Region |
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By Company | Fresenius Kabi, Danone, Cardinal Health, Nestle, Avanos Medical, B. Braun, Abbott, Moog, Applied Medical Technology, Cook Medical, Boston Scientific, Vygon, ConMed, BARD, Alcor Scientific |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |