An expert on premium research reports, Market Research Future has added a report titled “Global Enteral Feeding Devices Market 2023″ to its offering. The report provides an in-depth analysis of regional data and an accurate projection of the market size and share of the Top 10 market players across the globe.
Immunoprecipitation Market Overview
Global enteral feeding devices market is expected to register a healthy CAGR over the forecast period. The market held a market value of USD 2,302.4 million in 2017 and is projected to grow at a CAGR of 6.1% during the forecast period. Enteral feeding is a nutritional therapy process where nutrients are supplying directly into the gastrointestinal tract (GIT). It is a therapy for those patients who are unable to get adequate nourishment by eating or drinking or who cannot swallow food by mouth. Enteral feeding devices help in delivering medications and nutrients directly into the stomach, duodenum, or jejunum through either the nose, mouth or the direct percutaneous route. Factors representing the market growth are worldwide growing geriatric population along with the increasing prevalence of chronic diseases, the rising shift from parenteral to enteral nutrition, and surging incidence of preterm births. For instance, The World Health Organization (WHO) reported that global older population was 841.0 million in 2013 that was increased to 962.3 million in 2017, which is projected to reach more than 2.0 billion by 2050. On the contrary, complications associated with enteral feeding devices including inadvertent dislodgement of tubes and stringent reimbursement policies are anticipated to hinder the market growth over the forecast period.
Enteral Feeding Devices Market Competitive Outlook
Moog, Inc.
Vygon SA
Nestlé
Cook Medical
Danone Nutricia
Fresenius Kabi AG
Becton
Dickinson and Company (BD)
B. Braun Melsungen AG
Halyard Health Inc.
Medtronic plc
Boston Scientific Corporation, CONMED Corporation, and Abbott Laboratories are some of the notable players profiled in the global enteral feeding devices market.
Enteral Feeding Devices Market Segmentation
Global enteral feeding devices market has been segmented into product, age group, indication, and end user.
By product, the market has been segmented into enteral syringes, enteral feeding tubes, administration sets, enteral feeding pumps, and consumables. The enteral feeding tubes segment is further categorized into oroenteric feeding tubes, enterostomy feeding tubes, and nasoenteric feeding tubes. The enterostomy feeding tubes segment is additionally divided into gastrojejunostomy tubes, gastrostomy tubes, and jejunostomy tubes. While the nasoenteric feeding tubes segment is further split into nasoduodenal feeding tubes, nasogastric feeding tubes, and nasojejunal feeding tubes. Among them, the enteral feeding pumps segment is expected to dominate the market throughout the forecast period due to low risk of complications with the use of feeding pumps, enhanced portable pump designs, and the increasing adoption of pumps in hospitals and home care settings.
By age group, the market has been divided into adults and pediatrics.
By indication, the market has been classified into hypermetabolism, cancer, gastrointestinal diseases, neurological disorders, diabetes, and others. The cancer segment is further categorized into head & neck cancer, esophageal cancer, pancreatic cancer, gastrointestinal cancer, liver cancer, and others.
End users in the global enteral feeding devices market include home care settings, hospitals, and ambulatory surgery centers (ASCs).
Enteral Feeding Devices Market Regional Analysis
The global enteral feeding devices market has been segmented by region into the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas has led the market in 2017 due to prevalence of lifestyle diseases, technological advances in enteral feeding, and a well-defined healthcare framework. Customization to feeding devices by manufacturers can induce the market demand over the forecast period. Massive demand for portable pumps in small laboratories and healthcare facilities can facilitate the global enteral feeding devices market growth.
Europe will trail North America due to launch of new feeding equipment and rapid approval of devices. Large number of reconstructive surgeries in France, Germany, and the U.K. is likely to encourage market growth in the region.
APAC can enjoy an above-average growth rate during the forecast period due to awareness of enteral feeding, large incidence of premature births and malnutrition patients, and a large susceptible geriatric population.
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