Global Feeding Tubes Industry Is Anticipated To Create A Value Opportunity Of Around US$ $4.9 billion by 2026

PRESS RELEASE
Published February 2, 2023

New York, Global Feeding Tubes Market report from Global Insight Services is the single authoritative source of intelligence on Feeding Tubes Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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A feeding tube is a medical device that is used to provide nutrition to people who cannot eat by mouth. Feeding tubes are also sometimes used to deliver medications or other treatments directly to the stomach or small intestine.

Key Players

The Feeding Tubes Market report includes players such as ALCOR Scientific, Amsino International Inc., Applied Medical Technology, Inc., Baxter International Inc., B.Braun Melsungen AG, Cardinal Health, Degania Silicone Ltd., Fresenius Kabi AG and DANONE.

Key Trends

In general, there are three key trends in feeding tubes technology: miniaturization, wireless connectivity, and improved patient safety.

Miniaturization: One of the key trends in feeding tubes technology is miniaturization. This trend is driven by the need to reduce the size and weight of feeding tubes, as well as the need for more compact and portable devices. For example, new miniaturized feeding tubes are being developed that are less than 5 mm in diameter. These smaller tubes are less invasive and cause less discomfort for patients.

Wireless Connectivity: Another key trend in feeding tubes technology is wireless connectivity. This trend is driven by the need for improved patient care and the need for more efficient and effective communication between caregivers and patients. Wireless feeding tubes allow patients to be monitored remotely, which can help to improve patient care. In addition, wireless connectivity allows caregivers to share information more easily and quickly, which can help to improve the efficiency of care.

Key Drivers

There are various key drivers of the feeding tubes market. Firstly, the rising prevalence of chronic diseases and disorders is a key driver of this market. According to the World Health Organization, the prevalence of chronic diseases is on the rise globally, with nearly 38% of the world’s population being affected by one or more chronic diseases. This is a key driver of the feeding tubes market, as these diseases and disorders often require the use of feeding tubes.

Secondly, the increasing number of elderly people is also a key driver of the feeding tubes market. This is because the elderly are more likely to suffer from chronic diseases and disorders, and are also more likely to need feeding tubes.

Thirdly, the rising number of preterm births is also a key driver of the feeding tubes market. This is because preterm babies are more likely to need feeding tubes than full-term babies.

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Market Segments

  • By Type
    • Low-profile Tubes
    • Nasoenteric Feeding Tubes
    • Oroenteric Feeding Tubes
    • Standard Tubes
  • By Age Group
    • Adult
    • Pediatrics
  • By Application
    • Oncology
    • Gastroenterology
    • Neurology
    • Diabetes
    • Others
  • By Region

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