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The enteral nutrition market has witnessed robust growth, escalating from $11.55 billion in 2023 to $12.44 billion in 2024, marking a CAGR of 7.7%. This growth is attributed to clinical requirements, hospital settings, surgical procedures, and advancements in feeding tube technologies. Looking ahead, the market is anticipated to sustain its robust growth momentum, projecting a value of $16.8 billion by 2028, with a CAGR of 7.8%. Drivers of this growth encompass patient-centric care approaches, the expansion of home-based care services, personalized nutrition interventions, and the increasing prevalence of gastrointestinal disorders. Notable trends in this domain include optimization of administration techniques, advancements in tube placement technologies, and the development of modular nutrition solutions, catering to diverse healthcare needs and preferences.

The enteral nutrition market is experiencing significant growth driven by the escalating prevalence of chronic diseases, particularly among individuals aged 50 and older in the US. By 2050, the population affected by at least one chronic condition is expected to nearly double, reaching 142.66 million. This demographic trend underscores a critical need for nutritional support solutions, where enteral nutrition products play a pivotal role in providing essential nutrients to those facing challenges in eating or maintaining adequate nutrition due to chronic illnesses or their treatments. The increasing incidence of chronic diseases is thus a primary driver fueling market expansion.

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What Are The Key Trends That Influence Enteral Nutrition Market Share Analysis?

Product innovation is a key trend in the enteral nutrition market, with major companies focusing on developing new technological solutions. For example, in August 2023, VGM Wound Care, a UK-based center for healthcare providers, launched the Enteral Nutrition Guide. This comprehensive resource offers essential insights and protocols for integrating enteral nutrition into wound care operations, enhancing patient care and service diversification for HME providers.

Which Market Players Are Driving Growth In The Enteral Nutrition Market?

Major companies operating in the enteral nutrition market report are Cardinal Health Inc., Nestle S.A., Fresenius Kabi AG, Abbott Laboratories, Medtronic Inc., Danone S.A., Becton, Dickinson and Company, Otsuka Pharmaceutical Factory, Boston Scientific Corporation, Hormel Foods Corporation, B. Braun Melsungen AG, Reckitt Benckiser Group PLC, Meiji Holdings Co. Ltd., C. R. Bard GmbH, Moog Inc., Mead Johnson Nutrition, Cook Medical, Halyard Health Inc., Avanos Medical Inc., Applied Medical, Angiplast Pvt Ltd., Kate Farms, Global Health Products Inc., Victus Inc., VYGON SAS

How Is The Global Enteral Nutrition Market Segmented?

The enteral nutrition market covered in this report is segmented –

1) By Product Type: Standard Enteral Nutrition, Enteral Nutrition For Chronic Illness
2) By Nutrition Type: Proteins, Carbohydrates, Multi Vitamins, Antioxidants, Amino Acids, Fibers, Minerals, Other Nutritional Types
3) By Patient Type: Adults, Pediatric
4) By Application: Cancer, Critical Care, Diabetes, Gastrointestinal Diseases, Other Applications
5) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies

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The Enteral Nutrition Global Market Report 2024 provides an overview of the enteral nutritionmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The enteral nutrition market forecast analyzes enteral nutrition market size, enteral nutrition market share, leading competitor and their market positions.

The Table Of Content For The Enteral Nutrition Market Include

1. Enteral Nutrition Market Executive Summary
2. Enteral Nutrition Market Segments
3. Enteral Nutrition Market Size And Template Market Growth Rate
4.  Key Enteral Nutrition Market Trends
5. Major Enteral Nutrition Market Drivers
……
25. Key Mergers And Acquisitions In The Enteral Nutrition Market
26. Top Enteral Nutrition Companies
27. Enteral Nutrition Market Opportunities And Strategies
28. Enteral Nutrition Market, Conclusions And Recommendations
29. Appendix

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