Fresenius SE & Co. KGAA. (Germany) and Baxter International Inc. (US) are Leading players in the Enteral Feeding Devices Market
The global enteral feeding devices market is projected to reach 5.6 billion in 2029 from USD 4.0 billion in 2023, at a CAGR of 6.2% between 2023 and 2029.
The key factors which are driving the growth of the enteral feeding devices market includes, rising prevalence of chronic disease. Chronic illnesses like diabetes, cancer, and gastrointestinal disorders can significantly impact a patient's ability to consume food orally. Enteral feeding devices provide a reliable and safe method for delivering essential nutrients to these patients, promoting recovery and improving quality of life. Increasing demand for medical devices used in geriatric care, increased affordability for medical procedures and devices are some of the factors driving the growth of the market.
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The prominent players in the medical device contract manufacturing market include include Fresenius SE & Co. KGAA. (Germany), Cardinal Health, Inc. (US), Nestlé S.A. (Switzerland), Avanos Medical, Inc. (US), Danone S.A. (France), Becton, Dickinson and Company (US), B. Braun Melsungen AG (Germany), CONMED Corporation (US), Cook Medical (US), Moog Inc. (US), Boston Scientific Corporation (US), Baxter International Inc. (US), Vygon (France), and Other players in the enteral feeding devices market are Applied Medical Technology (US), Amsino International Inc. (US), Omex Medical Technology (India), Danumed Medizintechnik (Germany), Medline Industries, Inc. (US), Fuji Systems (Japan), Kentec Medical (US), Dynarex Corporation (US), Vesco Medical LLC (US), Medela AG (Switzerland), Alcor Scientific (US), and Romsons (India)
FRESENIUS KABI AG (GERMANY)
Fresenius Kabi is a global healthcare company with a rich history of providing lifesaving medicines and technologies for infusion, transfusion, and clinical nutrition. Fresenius Kabi is dedicated to developing and delivering essential medicines and technologies that improve patient care and well-being. The company has a presence worldwide, with over 60 production sites, compounding centers, strategic logistic hubs, and a dedicated network of partners. This ensures global reach and accessibility of their products. The company invests heavily in research and development to continuously innovate and improve its product offerings.
BAXTER INTERNATIONAL INC. (US)
Baxter International Inc. is a leading American multinational healthcare company headquartered in Deerfield, Illinois. Founded in 1931 by Dr. Donald Baxter, the company has a long history of innovation in the medical device and biopharmaceutical industries. The company operates through two main business segments bioscience, which develops and manufactures recombinant proteins, plasma-based therapies, and other biopharmaceutical products and medical products which offers a broad range of medical devices and consumables for critical care, nutrition, renal care, and other applications. Baxter operates in over 100 countries and employs tens of thousands of people worldwide.
NESTLÉ S.A. (SWITZERLAND)
Nestle, a global leader in nutrition, health, and wellness, participates in the enteral feeding devices market through its subsidiary, Nestle Health Science. Nestle Health Science offers a range of enteral feeding products that cater to the needs of patients unable to consume food orally. Their product portfolio includes enteral feeding formulas, these specialized formulas provide complete and balanced nutrition for patients with various medical conditions, feeding tubes offer a variety of feeding tubes designed for different needs (e.g., nasal, gastrostomy tubes) and feeding pumps, the health science segment offer enteral feeding pumps that deliver formula at a controlled rate.
Related Reports:
Enteral Feeding Devices Market by Type (Tubes, Pump, Syringes, Administration Sets), Age Group (Adult, Pediatric), Application (Oncology, Gastrointestinal, & Neurological Disorders, Diabetes), End User (Hospital, Home Care, ACS) - Global Forecast to 2029
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