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Enteral Feeding Devices Market Analysis | Segmentation, Revenue & Growth | Forecast To 2028

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Rahul Sharma
Enteral Feeding Devices Market Analysis | Segmentation, Revenue & Growth | Forecast To 2028

Million Insights Market Research Released A New Research Report On Global Enteral Feeding Devices Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

 

Pune, India - Enteral Feeding Devices Market size was estimated at USD 1.8 billion in 2013 and is expected to grow at a CAGR of 6.0% over the forecast period. Growing prevalence of chronic diseases such as cancer, diabetes, gastrointestinal, and neurological disorders, rising geriatric population, and increasing number of preterm births are the key factors owing to higher adoption of enteral feeding devices. Introduction of technologically advanced products and increase in awareness about enteral nutrition is also driving demand for such devices. For instance, introduction of new product designs such as tri funnel replacements J-tube and G-tube and reserve balloon designs. In 2015, Halyard Health launched MIC PEG enteral feeding tube kit. Increasing acquisitions and distribution agreements is also one of the key attributes anticipated to drive enteral feeding devices market. In 2014, Medela acquired enteral feeding assets of Acacia, Inc. involved in marketing a line of neonatal feeding devices.

To Get Sample Report visit @ https://www.millioninsights.com/industry-reports/enteral-feeding-devices-market/request-sample

Based on the product types, the market is segmented as enteral feeding pumps, giving sets, gastrostomy tubes, percutaneous endoscopic gastrostomy devices, low profile gastrostomy devices, and nasogastric tubes. In 2013, enteral feeding pumps segment held the largest market share of about 61.5% owing to its increased adoption in North America and Europe. Technological advancements focused on the development of simpler and lighter enteral devices is anticipated to drive demand for enteral tubes and pumps market in the coming years. The nasogastric tube market was another major segment in terms of revenue with a global share of USD 10.8% in 2013. These tubes are the used for enteral feeding or nutrition via the nasal route.

Regional Insight

Europe dominated the market with the maximum share of 34.9% in 2013. Some of the key factors attributing to the market growth include increasing ageing population, growing incidences of pre-term birth, sophisticated healthcare infrastructure, rising R&D activities and implementation of favorable regulations. Asia pacific region is expected to be the fastest growing segment with a CAGR of 6.7% over the forecast period. The region offers huge untapped potential due to low product penetration rate, unmet medical needs, and increasing healthcare expenditure. Emerging economies like India, China and Brazil grows significantly with rising population, growing incidences of chronic diseases, and improving healthcare infrastructure is one of the crucial factors anticipated to boost demand for such devices.

Competitive Insights

Some of the key participants of enteral feeding device market include, Abbott; Nestle; Danone, Inc.; Fresenius SE & Co. KGaA; Kimberly-Clark Corporation; Boston Scientific Corporation; Conmed Corporation; Moog, Inc.; Covidien Plc.; Cook Medical and Amsino International Inc. and others.

To Browse Complete Report visit @ https://www.millioninsights.com/industry-reports/enteral-feeding-devices-market

Market Segment:

 

Enteral Feeding Devices Product Outlook

  • Giving Set
  • Enteral Feeding Pump
  • Percutaneous Endoscopic Gastrostomy Device
  • Low Profile Gastrostomy Device
  • Nasogastric Tube
  • Gastrostomy Tube

 

Enteral Feeding Devices Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • RoW

 

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