Adult Feeding Tubes Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033

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Published: December 21, 2023 Report Code: GDME740MM-ST

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Adult Feeding Tubes and Formula Market Report Overview

The adult feeding tubes and formula market was valued at $5.25 billion in 2023 and is expected to grow at a CAGR of more than 3% during 2023-2033. Adult feeding tubes are used to administer nutrients to adult patients. Feeding tubes can be placed by numerous methods, including endoscopically and via open surgery.

The formula is a mixture of nutrients available either in powder or liquid form, which is administered to a patient via a feeding tube to provide nutrition. Adult feeding formula tracks formulae that can be used by adults only.

Adult Feeding Tubes and Formula Market Outlook 2023-2033 ($ Billion)

Adult Feeding Tubes and Formula Market Outlook 2023-2033 ($ Billion)

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The Adult Feeding Tubes and Formula Market research report gives a detailed overview of market behavior, which will help identify quantitative market trends within the hospital supplies therapeutic area. The model discusses in detail the impact of COVID-19 on the adult feeding tubes and formula market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies.

Market Size (2023) $5.25 billion
CAGR (2022-2033) >3%
Historic Period 2015-2022
Forecast Period 2023-2033
Key Segments
  • Adult Feeding Formula
  • Adult Feeding Tubes
Key Regions
  • Asia-Pacific
  • Europe
  • Middle East and Africa
  • North America
  • South and Central America
Key Companies
  • Nestle HealthCare Nutrition Inc
  • Avanos Medical Inc
  • Abbott Laboratories
  • Boston Scientific Corp
  • Applied Medical Technology Inc
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Adult Feeding Tubes and Formula Market Dynamics

The feeding tubes and formula market will grow in the coming years owing to the rising number of patients who require feeding tubes for nutrition for a variety of reasons. Factors such as positive clinical trials showcasing the safety and effectiveness of feeding tubes, well-trained physicians, and the rare chance of major complications arising from its use will also boost the market growth. However, factors such as infection or leaking and lack of specially trained physicians for jejunostomy tubes may challenge the market growth.

Adult Feeding Tubes and Formula Market Segments

The key segments in the adult feeding tubes and formula market are adult feeding formula and adult feeding tubes. In 2023, adult feeding formula will dominate the market share. There are three main types of formulas which are standard formula, semi-elemental formula, and specialized formula.

Adult Feeding Tubes and Formula Market Analysis by Segments, 2023 (%)

Adult Feeding Tubes and Formula Market Analysis by Segments, 2023 (%)

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Adult Feeding Tubes and Formula Market Segmentation by Regions

The key regions in the adult feeding tubes and formula market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, Asia-Pacific had the largest share of the adult feeding tube market and is expected to retain its position throughout the forecast period. This is attributed to the rising population, in countries such as China and India, which require medical attention.

Adult Feeding Tubes and Formula Market Analysis by Regions, 2023 (%)

Adult Feeding Tubes and Formula Market Analysis by Regions, 2023 (%)

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Adult Feeding Tubes and Formula Market – Competitive Landscape

The key companies in the adult feeding tubes and formula market are:

  • Nestle HealthCare Nutrition Inc
  • Avanos Medical Inc
  • Abbott Laboratories
  • Boston Scientific Corp
  • Applied Medical Technology Inc

In 2023, Nestle HealthCare Nutrition Inc. accounted for the highest adult feeding tubes and formula market share and value, followed by Abbott Laboratories.

Adult Feeding Tubes and Formula Market Analysis by Companies, 2023 (%)

Adult Feeding Tubes and Formula Market Analysis by Companies, 2023 (%)

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Segments Covered in this Report.

Adult Feeding Tubes and Formula Market Segment Outlook ($ Million, 2015-2033)

  • Adult Feeding Formula
  • Adult Feeding Tubes

Adult Feeding Tubes and Formula Market Regional Outlook ($ Million, 2015-2033)

  • Asia-Pacific
  • Europe
  • Middle East and Africa
  • North America
  • South and Central America

Key Inclusions of the market model are:

Currently marketed adult feeding tubes and formula market and evolving competitive landscape:

  • Insightful review of the key industry trends.
  • Annualized total adult feeding tubes and formula market revenue by segment and market outlooks from 2015-2033.
  • Market-level data on units, average selling prices, and market values.

Global, Regional, and Country level market specific insights:

  • Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
  • SWOT analysis for the adult feeding tubes and formula market.
  • Competitive dynamics insights and trends provided for the adult feeding tubes and formula market.

Get an in-depth understanding of consumer behavior through the market access segment and the overview of the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.

  • Country-specific overview of the healthcare system.
  • Country-specific reimbursement policies.
  • Country-specific medtech regulatory landscape.

Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, the report helps determine market trends through real-world data sources including government procedure databases, hospital purchasing databases, and proprietary online databases.

Companies covered: Boston Scientific Corp, Applied Medical Technology Inc, Moss Tubes Inc, F. Hoffmann-La Roche Ltd, Avanos Medical Inc, Becton Dickinson and Co, Cardinal Health Inc, Cook Group Inc, Abbott Laboratories, Nestle Healthcare Nutrition Inc, Nutritional Medicinals LLC, Kate Farms Inc, Nutricia North America Inc.

Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile

Scope

This report provides:

  • Insightful review of the key industry trends.

  • Annualized total adult feeding tubes and formula market revenue by segment and market outlooks.

  • Market-level data on units, average selling prices, and market values.

  • Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.

  • SWOT analysis for the adult feeding tubes and formula market.

  • Competitive dynamics insights and trends provided for the adult feeding tubes and formula market.

  • Country-specific overview of the healthcare system.

  • Country-specific reimbursement policies.

  • Country-specific medtech regulatory landscape.

Reasons to Buy

  • Understand the impact of COVID-19 on adult feeding tubes.

  • Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.

  • Develop business strategies by understanding the trends shaping and driving adult feeding tubes.

  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the adult feeding tubes and formula market in the future.

  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.

  • Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.

  • Track device sales in the global and country-specific adult feeding tubes and formula market from 2015-2033.

  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.

Boston Scientific Corp
Applied Medical Technology Inc
Moss Tubes Inc
F. Hoffmann-La Roche Ltd
Avanos Medical Inc
Becton Dickinson and Co
Cardinal Health Inc
Cook Group Inc
Abbott Laboratories
Nestle Healthcare Nutrition Inc
Nutritional Medicinals LLC
Kate Farms Inc
Nutricia North America Inc

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