What is Global Enteral Feeding Device Used for Oncology Market?
The Global Enteral Feeding Device Used for Oncology Market is a specialized sector within the healthcare industry that focuses on the production and distribution of enteral feeding devices specifically designed for cancer patients. These devices are essential for patients who are unable to eat by mouth, providing them with the necessary nutrition directly into their digestive tract. The market encompasses a wide range of products, including feeding pumps, feeding tubes, and consumables, all of which are designed to ensure the patient's nutritional needs are met while they undergo treatment for cancer. The market is driven by the increasing prevalence of cancer globally, advancements in technology, and the growing need for home-based care.
Enteral Feeding Pumps, Enteral Feeding Tubes, Consumables in the Global Enteral Feeding Device Used for Oncology Market:
The Global Enteral Feeding Device Used for Oncology Market is segmented into various products such as enteral feeding pumps, enteral feeding tubes, and consumables. Enteral feeding pumps are electronic devices that deliver nutrition to patients who cannot consume food orally. They are designed to be precise and reliable, ensuring the patient receives the correct amount of nutrition. Enteral feeding tubes, on the other hand, are used to deliver nutrition directly to the stomach or small intestine. They come in different types, including nasogastric, nasoenteric, and gastrostomy tubes. Consumables include the products used alongside the pumps and tubes, such as syringes, administration sets, and feeding bags. Each product plays a crucial role in the patient's nutritional management, contributing to the overall growth of the market.
Hospitals, Home Care in the Global Enteral Feeding Device Used for Oncology Market:
The Global Enteral Feeding Device Used for Oncology Market finds its application in various areas, primarily in hospitals and home care settings. In hospitals, these devices are used to provide nutritional support to patients who are unable to eat due to their medical condition or the side effects of their treatment. They are also used in home care settings, where patients receive their treatment in the comfort of their own homes. The use of these devices in home care has been on the rise, driven by the growing preference for home-based care and the advancements in home care technology. This trend is expected to continue, further propelling the growth of the market.
Global Enteral Feeding Device Used for Oncology Market Outlook:
Looking at the market outlook, the Global Enteral Feeding Device Used for Oncology Market was valued at US$ 51 million in 2023. It is projected to decrease slightly to US$ 45 million by 2030, with a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period from 2024 to 2030. This is in the context of the global medical devices market, which was estimated at US$ 603 billion in 2023 and is expected to grow at a CAGR of 5% over the next six years. Despite the slight decrease, the market for enteral feeding devices used in oncology remains a significant part of the healthcare industry, driven by the ongoing need for effective nutritional management in cancer patients.
| Report Metric | Details |
| Report Name | Enteral Feeding Device Used for Oncology Market |
| Accounted market size in 2023 | US$ 51 million |
| Forecasted market size in 2030 | US$ 45 million |
| CAGR | 4.8% |
| 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 |
