Global Enteral Feeding Devices Market was valued at US$ 2.8 Bn in 2019 and is expected to reach US$ 4.8 Bn by 2026, at a CAGR of 6.5 % during a forecast period.
An enteral feeding device is used to provide nutritional supplementation to individuals who cannot obtain nutrition by mouth.
Global Enteral Feeding Devices Market Dynamics:
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Enteral nutrition therapy has a number of benefits over parenteral nutrition for nutritional support. An increase in adoption of enteral feeding tubes, the prevalence of chronic disorders like cancer and neurological disorders, growth in the geriatric population and malnutrition cases are some of the prominent factors behind the global enteral feeding devices market growth. On the other hand, strict governmental regulations and displacement of tubes are expected to limit the global enteral feeding devices market growth. The report covers the detailed analysis of market dynamics like drivers, restraints, opportunities and challenges.
COVID-19 Impact:
The impact of COVID-19 has increased at an exponential level across the globe. Enteral feeding devices have led to require improvement in patient care and deliver added nutritional support to patients, which are affected by Covid-Virus. In the pandemic period, the demand for enteral feeding devices like feeding tubes and administration sets has increased, which has turned to drive market growth. Also, a set of guidelines have laid by the National Nurses Nutrition Group for patients and healthcare professionals, which provides nutritional support for the patient.
Global Enteral Feeding Devices Market Segment Analysis:
The enteral feeding pump segment is expected to contribute XX% share in the global enteral feeding devices market. Technological advancements are expected to drive the development of compact and portable enteral feeding pumps. It is constructed using materials, which help to prevent cracking in stress applications.
Enteral feeding pumps consist of features like appropriate programming options, multiple language options and historical data of previous feed rates. An introduction of innovative features in pump designs and increase its adoption for home setting healthcare are expected to increase the adoption of enteral feeding pump.
High Prevalence of Cancer: Drives the Demand for Enteral Feeding Devices
An increase in the prevalence of cancer is expected to drive the adoption of enteral feeding devices. The oncology segment is expected to contribute XX% share in the global enteral feeding devices market. Cancer treatment has many complications and side effects, which affect the health of patients. The cancer patient has faced some the problems like mucositis sores in the mouth, difficulty in chewing and swallowing food, and exertion to swallow. These factors are expected to require the demand for enteral feeding devices among the cancer patient population.
Global Enteral Feeding Devices Market
High Incidences of Diabetes have increased the adoption rate of Enteral Feeding Devices
The enteral feeding regimen is highly recommended by a dietitian for patients with diabetes to meet the individual’s nutritional requirements. The incidences of diabetes are increasing at a rapid rate across the globe that is expected to increase high rate in the near future. According to the data by International Diabetes Federation, the global incidence of diabetes are expected to increase from 460 million in 2019 to more than 500 million by 2026. It is expected to play a major role in the high demand for enteral feeding devices that are expected to boost market growth.
Global Enteral Feeding Devices Market Regional Analysis:
An increase in the prevalence of premature births mainly in developing economies like China and India are expected to drive the growth in the Asia Pacific region. Growth in the geriatric population, awareness of enteral nutrition and development of healthcare facilities are some of the prominent factors behind the regional market growth.
High rate of lifestyle diseases and other disorders like diabetes, autism, and cancer, the occurrence of digestive disorders, neurological disorders, organ failure and incidence of pre-term births are expected to drive the market growth. For instance, according to the WHO, from 2018 to 2019, there were around more than 3 million preterm births in India, which is followed by china with XX million preterm births.
The objective of the report is to present a comprehensive analysis of the Global Enteral Feeding Devices Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Enteral Feeding Devices Market dynamics, structure by analyzing the market segments and projects the Global Enteral Feeding Devices Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Enteral Feeding Devices Market make the report investor’s guide.
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Global Enteral Feeding Devices Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Global Enteral Feeding Devices Market Key Players
• Fresenius Kabi
• Nestl- S.A.
• Danone
• B. Braun Melsungen Ag
• Avanos Medical
• Abbott Laboratories
• Boston Scientific
• Vygon Group
• Applied Medical Technology
• Amsino International, Inc.
• Fidmi Medical
• Vesco Medical, Llc
• Dynarex Corporation
• Medela Inc.
• Alcor Scientific
• Cardinal Health, Inc
• Moog, Inc
• Conmed Corporation
• Cook Medical
• Becton, Dickinson And Company
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