Indiana Homecare Enteral Feeding Formula Market Size [2031]

Indiana Homecare Enteral Feeding Formula Market Size [2031]

Segments - Indiana Homecare Enteral Feeding Formula Market by Product (Disease-specific formula, Blenderized Formula, and Standard Formula), Flow Type (Continuous and Intermittent), Stage (Adults, Geriatric, and Pediatric), Indication (Alzheimer’s, Nutrition Deficiency, Diabetes, Cancer, Chronic Kidney Disease, Dysphagia, Orphan Disease, Pain Management, and Malabsorption/Diarrhea) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Report Description


Indiana Homecare Enteral Feeding Formula Market Outlook 2031

The Indiana homecare enteral feeding formula market size was USD 81.95 Mn in 2022 and is likely to reach USD 157.1 Mn by 2031, expanding at a CAGR of 7.5% during 2023–2031. The market growth is attributed to the rising preference for home-based care and increasing demand for specialized formulas for specific medical conditions.

Advancements in medical technology are anticipated to significantly boost the market. Rising aging population with health conditions that lead to difficulty in swallowing require enteral feeding for nutritional support.

Indiana Homecare Enteral Feeding Formula Market Outlook

Homecare enteral feeding formula refers to a specialized type of nutritional formula designed for enteral feeding. Enteral feeding involves delivering a nutritionally complete liquid formula directly into the gastrointestinal tract through a feeding tube. This method is used when a person is unable to consume food orally or has difficulty absorbing nutrients from regular food.

The market report finds that the COVID-19 pandemic hampered the Indiana homecare enteral feeding formula market. The pandemic disrupted global supply chains, which affected the production and distribution of various medical supplies, including enteral feeding formulas. This led to temporary shortages or delays in obtaining specific formulas.

During and post-pandemic, hospitals and healthcare facilities have registered an increased demand for enteral feeding products, due to the influx of patients, with some of them requiring specialized nutrition support.

Impact of Artificial Intelligence (AI) on Indiana Homecare Enteral Feeding Formula Market

Artificial Intelligence (AI) is expected to boost the revenue of the players in the Indiana homecare enteral feeding formula market. This technology plays a pivotal role in the market, as it analyzes a patient's medical history, dietary preferences, and nutritional requirements to create highly personalized enteral feeding plans.

AI-powered tools help in optimizing the supply chain for enteral feeding formulas. This includes inventory management, and distribution logistics while ensuring that products are readily available for patients.

Indiana Homecare Enteral Feeding Formula Market Dynamics

Indiana Homecare Enteral Feeding Formula Market Dynamics

Major Drivers

Rising prevalence of chronic disease drives the market. Chronic diseases such as cancer, diabetes, gastrointestinal disorders, and neurodegenerative conditions are becoming prevalent.

These conditions often lead to complications that affect an individual's ability to absorb or swallow nutrients through regular oral intake. Enteral feeding formulas are designed to deliver specific nutrients in a form that is easily absorbed by the digestive system, which makes them essential for individuals with chronic conditions. For instance,

  • As per the data published by the American Cancer Society, around 1.9 million individuals were diagnosed with cancer in 2021 and approximately 608,570 cancer deaths occurred only in the US alone.

Existing Restraints

Increasing patient safety concerns hampers the market. Feeding and medication errors lead to serious health risks for patients. Administering the wrong type or amount of enteral feeding formula, or mixing up medications results in complications, adverse reactions, and even life-threatening situations.

Emerging Opportunities

Technological advancements create lucrative opportunities in the market. Technological advancements enable remote patient monitoring for receiving enteral feeding at home. This facilitates improved oversight by healthcare providers, which leads to timely interventions, if any issues arise. Additionally, telehealth integration provides patients with access to real-time support and guidance.

Scope of the Indiana Homecare Enteral Feeding Formula Market Report

The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Indiana Homecare Enteral Feeding Formula Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Product (Disease-specific formula, Blenderized Formula, and Standard Formula), Flow Type (Continuous and Intermittent), Stage (Adults, Geriatric, and Pediatric), and Indication (Alzheimer’s, Nutrition Deficiency, Diabetes, Cancer, Chronic Kidney Disease, Dysphagia, Orphan Disease, Pain Management, and Malabsorption/Diarrhea)

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast

Key Players Covered in the Report

Byram Healthcare Centers, Inc.; Fresenius Kabi AG; Kate Farms; Mead Johnson & Company, LLC; Meiji Holdings Co. Ltd.; Nestle Health Science; Nutricia; Nutritional Medicinals, LLC; Real Food Blends; and Shield Healthcare, Inc.

Indiana Homecare Enteral Feeding Formula Market Segment Insights

Product Segment Analysis

Based on product, the Indiana homecare enteral feeding formula market is divided into disease-specific formula, blenderized formula, and standard formula. The standard formula segment is expected to hold a dominant share of the market during the projection period, due to the widespread use of enteral feed for fundamental clinical nutrition supplementation.

Standard enteral feeding formulas serve as a major source of clinical nutrition supplementation. They are designed to meet the general nutritional needs of a wide range of patients. This broad applicability leads to their widespread use and makes it easily accessible for healthcare providers to acquire and administer these formulas to patients, further boosting their prevalence and, thus, the market.

The disease-specific formula segment is expected to expand at a significant pace in the coming years, as it provides targeted nutrition and reduces the risk of complications. Disease-specific formulas are specifically designed to meet the unique nutritional requirements of patients with specific medical conditions.

These specialized formulations provide essential nutritional support to patients with specific diseases linked to organ dysfunctions. Patients with chronic conditions require formulas that are carefully formulated to manage their specific health concerns. Disease-specific formulas reduce the risk of complications and improve overall health outcomes.

Indiana Homecare Enteral Feeding Formula Market Product

Flow Type Segment Analysis

On the basis of flow type, the global market is segregated into continuous and intermittent. The intermittent feeding flow segment is projected to expand at a high CAGR during the forecast period, as it enhances patient mobility and improves physiological efficiency.

Intermittent feeding allows patients to have free periods of time when they are not tethered to a feeding tube, which increases their mobility and overall quality of life. It is aligned with natural physiological processes, as it mimics regular eating patterns. This supports gut homeostasis and aids in efficient digestion and absorption of nutrients, which improves patient outcomes.

The continuous segment is expected to expand at a significant pace in the coming years, as it provides consistent nutrient delivery and is suitable for patients with high nutritional requirements. Continuous feeding ensures a consistent delivery of nutrients to the patient's gastrointestinal tract over an extended period. This is important for individuals who have difficulty tolerating large volumes of formula at one time. Continuous feeding reduces the risk of gastrointestinal disturbances, such as reflux or diarrhea, which occur with intermittent feeding methods.

Stage Segment Analysis

On the basis of stage, the Indiana homecare enteral feeding formula market is segmented into adults, geriatric, and pediatric. The adult segment is anticipated to expand at a robust growth rate during the forecast period, due to the growing aging population and chronic disease management.

Adults are susceptible to health issues that impair their ability to eat and absorb nutrients orally. Adults, particularly those in old age groups, who experience chronic health conditions, such as diabetes, renal failure, or heart disease, benefit from disease-specific enteral feeding formulas that are tailored to their specific medical conditions.

Indiana Homecare Enteral Feeding Formula Market Stage

Indication Segment Analysis

Based on indication, the Indiana homecare enteral feeding formula market is divided into Alzheimer’s, nutrition deficiency, diabetes, cancer, chronic kidney disease, dysphagia, orphan disease, pain management, and malabsorption/diarrhea. The cancer segment is expected to generate a major revenue share of the market, due to the high prevalence of cancer cases and nutritional challenges faced by patients.

Rising prevalence of cancer is estimated to drive the segment. Many cancer patients experience difficulty eating or have specific dietary requirements, due to their treatment and condition. Cancer and its treatments lead to a range of nutritional challenges, including loss of appetite, difficulty swallowing, nausea, and changes in taste and smell perception. Manufacturers are developing enteral feeding formulas that are tailored to address these specific nutritional needs. For instance

  • In December 2020, Abbott broadened its Pedialyte product line by introducing four formulations for bolstering the immune system. These include Pedialyte with immune support, Pedialyte Sport, Pedialyte Organic, and Pedialyte Electrolyte Water with zero sugar.

The orphan disease segment is anticipated to gain a significant revenue share, as it requires specialized nutritional needs and limited treatment options. Orphan diseases often come with unique and complex nutritional requirements.

These conditions affect the digestive system, metabolism, or nutrient absorption, which necessitates specialized enteral feeding formulas to meet the specific needs of patients. Orphan diseases have limited treatment options available. Enteral feeding ensures they receive the necessary nutrients when conventional dietary approaches are insufficient.

Segments

The Indiana homecare enteral feeding formula market has been segmented on the basis of

Product

  • Disease-specific formula
  • Blenderized Formula
  • Standard Formula

Flow Type

  • Continuous
  • Intermittent

Stage

  • Adults
  • Geriatric
  • Pediatric

Indication

  • Alzheimer’s
  • Nutrition Deficiency
  • Diabetes
  • Cancer
  • Chronic Kidney Disease
  • Dysphagia
  • Orphan Disease
  • Pain Management
  • Malabsorption/Diarrhea
Key Players
  • Byram Healthcare Centers, Inc.
  • Fresenius Kabi AG
  • Kate Farms
  • Mead Johnson & Company, LLC
  • Meiji Holdings Co. Ltd.
  • Nestle Health Science
  • Nutricia
  • Nutritional Medicinals, LLC
  • Real Food Blends
  • Shield Healthcare, Inc.

Competitive Landscape

Key players competing in the global Indiana homecare enteral feeding formula market are Byram Healthcare Centers, Inc.; Fresenius Kabi AG; Kate Farms; Mead Johnson & Company, LLC; Meiji Holdings Co. Ltd.; Nestle Health Science; Nutricia; Nutritional Medicinals, LLC; Real Food Blends; and Shield Healthcare, Inc.

These companies adopt development strategies, including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion, to expand their consumer base worldwide. For instance,

  • In August 2021, Nestlé Health Science acquired The Bountiful Company, a US-based company specializing in medical food and nutritional supplements. This strategic move aims to strengthen Nestlé Health Science's presence in the medical nutrition industry and diversify its portfolio of nutritious products.

    Indiana Homecare Enteral Feeding Formula Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Indiana Homecare Enteral Feeding Formula Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Indiana Homecare Enteral Feeding Formula Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Indiana Homecare Enteral Feeding Formula Market - Supply Chain
  4.5. Global Indiana Homecare Enteral Feeding Formula Market Forecast
     4.5.1. Indiana Homecare Enteral Feeding Formula Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Indiana Homecare Enteral Feeding Formula Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Indiana Homecare Enteral Feeding Formula Market Absolute $ Opportunity
5. Global Indiana Homecare Enteral Feeding Formula Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Indiana Homecare Enteral Feeding Formula Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Indiana Homecare Enteral Feeding Formula Demand Share Forecast, 2019-2026
6. North America Indiana Homecare Enteral Feeding Formula Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Indiana Homecare Enteral Feeding Formula Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Indiana Homecare Enteral Feeding Formula Demand Share Forecast, 2019-2026
7. Latin America Indiana Homecare Enteral Feeding Formula Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Indiana Homecare Enteral Feeding Formula Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Indiana Homecare Enteral Feeding Formula Demand Share Forecast, 2019-2026
8. Europe Indiana Homecare Enteral Feeding Formula Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Indiana Homecare Enteral Feeding Formula Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Indiana Homecare Enteral Feeding Formula Demand Share Forecast, 2019-2026
9. Asia Pacific Indiana Homecare Enteral Feeding Formula Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Indiana Homecare Enteral Feeding Formula Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Indiana Homecare Enteral Feeding Formula Demand Share Forecast, 2019-2026
10. Middle East & Africa Indiana Homecare Enteral Feeding Formula Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Indiana Homecare Enteral Feeding Formula Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Indiana Homecare Enteral Feeding Formula Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Indiana Homecare Enteral Feeding Formula Market: Market Share Analysis
  11.2. Indiana Homecare Enteral Feeding Formula Distributors and Customers
  11.3. Indiana Homecare Enteral Feeding Formula Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Byram Healthcare Centers, Inc.
     11.4.2. Fresenius Kabi AG
     11.4.3. Kate Farms
     11.4.4. Mead Johnson & Company, LLC
     11.4.5. Meiji Holdings Co. Ltd.
     11.4.6. Nestle Health Science
     11.4.7. Nutricia
     11.4.8. Nutritional Medicinals, LLC
     11.4.9. Real Food Blends
     11.4.10. Shield Healthcare, Inc.

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