PUBLISHER: Value Market Research | PRODUCT CODE: 1570759
PUBLISHER: Value Market Research | PRODUCT CODE: 1570759
The global demand for Enteral Nutrition Market is presumed to reach the market size of nearly USD 11.48 Billion by 2032 from USD 4.81 Billion in 2023 with a CAGR of 10.15% under the study period 2024-2032.
Enteral nutrition involves feeding nutrients straight into the digestive tract through tubes, unlike intravenous methods. Doctors use this approach for patients who can't eat by mouth but have working digestive systems. It includes liquid formulas, nutritional supplements, and special feeds to meet the dietary needs of patients with conditions like trouble swallowing, poor nutrient absorption, or severe illnesses. Based on the patient's condition and nutritional needs, doctors can give enteral feeding through the nose, stomach, or small intestine tubes. The prime goal is to maintain or boost nutritional status and help recovery and healing. Better formulas and delivery systems have made this nutrition more effective and easy to use, making it a key part of today's medical care.
Market Dynamics
The enteral nutrition market is witnessing growth attributed to the propelling number of chronic diseases and conditions that make it hard to eat, like cancer, brain problems, and gut issues. As per the Global Burden of Disease Study, chronic diseases such as cancer and stroke will become more common, leading to more people needing tube feeding. Also, as more people live longer, there's a greater need for tube-feeding options since the older population often struggles to eat and digest food. Innovation is also propelling the market growth. Recent advancements include making formulas that taste better and are more balanced for specific health problems. For instance, Abbott and Nestle Health Science have introduced special tube feeding products that assist the body in absorbing nutrients better and improving how patients do. There are opportunities for market growth in personalized nutrition, which lets doctors create feeding plans that fit each patient's needs. This will drive new innovations in nutritional genetics and make more custom-made tube-feeding formulas available.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Enteral Nutrition. The growth and trends of Enteral Nutrition industry provide a holistic approach to this study.
This section of the Enteral Nutrition market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.