Market Highlights
The global enteral feeding devices market size held a market value of USD 2,302.4 million in 2017 and is projected to grow at a CAGR of 6.1% over the forecast period. Enteral feeding is the direct delivery of nutrients into the gastrointestinal tract (GIT) via a tube which is placed into the duodenum, jejunum or stomach through mouth, nose or percutaneous route. Major factors driving the market growth are globally growing geriatric population coupled with the rising burden of chronic diseases, increasing shift from parenteral to enteral nutrition, and mounting incidence of preterm births. For instance, according to the World Health Organization (WHO), in 2001, chronic diseases contributed around 60% of the 56.5 million total reported deaths across the world and approximately 46% of the global burden of disease, which is projected that, by 2020, chronic diseases will account for almost three-quarters of all deaths worldwide. In contrast, complications associated with enteral feeding devices including inadvertent dislodgement of tubes and stringent reimbursement policies are anticipated to restrain the market growth during the next five years. Mounting technological advancement in feeding pumps such as enhanced portable pump designs with reduced risk of complications and is augmenting the market growth.
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Regional Analysis
The global enteral feeding devices market has been segmented by region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. Based on region, the Americas would command the market over the forecast period pertaining to the presence of sophisticated medical and healthcare infrastructure and market value contributors, changing lifestyle, and the rising burden of cancer, and other noncommunicable diseases (NCDs). The American Cancer Society stated that in 2018, about 9,220 new cases of colon cancer have diagnosed in the US.
Europe would be the second-largest value contributor in the enteral feeding devices market owing to the Asia-Pacific would represent the profitable market growth during the forecast period due to growth in geriatric population, rising incidence of oral cancer, and increasing awareness about enteric feeding devices, and surging number of hospital admissions in China, India, Japan, and Australia. The World Health Organization stated that in 2018, the incidence of oral cancer was within the top three of all cancers in a few Pacific Asian countries.
The Middle East & Africa has the least share of the global enteral feeding devices market. In addition, the major market share of the region would be held by the Middle Eastern region due to developing healthcare system and medical infrastructure in the Arab countries.
Segmentation
The global enteral feeding devices market has been segmented into product, age group, indication, end user, and region.
By product, the market has been segmented into enteral feeding tubes, enteral feeding pumps, enteral syringes, administration sets, and consumables. The enteral feeding tubes segment is further categorized into enterostomy feeding tubes, nasoenteric feeding tubes, and oroenteric feeding tubes. The enterostomy feeding tubes segment is additionally divided into gastrostomy tubes, jejunostomy tubes, and gastrojejunostomy tubes. The nasoenteric feeding tubes segment is further classified into nasogastric feeding tubes, nasojejunal feeding tubes, and nasoduodenal feeding tubes. 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.
On the basis of age group, the market has been divided into adults and pediatrics.
By indication, the market has been classified into cancer, gastrointestinal diseases, diabetes, neurological disorders, hypermetabolism, and others. The cancer segment is further categorized into gastrointestinal cancer, head & neck cancer, liver cancer, pancreatic cancer, esophageal cancer, and others.
Based on end user, the market has been categorized into hospitals, home care settings, and ambulatory surgery centers (ASCs).
Key Players
Some of the spearheading players in the global enteral feeding devices market are Medtronic plc, Cook Medical, B. Braun Melsungen AG, Abbott Laboratories, Boston Scientific Corporation, Becton, Dickinson and Company (BD), Fresenius Kabi AG, Danone Nutricia, Nestlé, CONMED Corporation, Moog, Inc., Halyard Health, Inc., and Vygon SA.
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The global enteral feeding devices market held a market value of USD 2,302.4 million in 2017 and is projected to grow at a CAGR of 6.1% over the forecast period.
Enteral feeding is the direct delivery of nutrients into the gastrointestinal tract (GIT) via a tube which is placed into the duodenum, jejunum or stomach through mouth, nose or percutaneous route.
For instance, according to the World Health Organization (WHO), in 2001, chronic diseases contributed around 60% of the 56.5 million total reported deaths across the world and approximately 46% of the global burden of disease, which is projected that, by 2020, chronic diseases will account for almost three-quarters of all deaths worldwide.
In contrast, complications associated with enteral feeding devices including inadvertent dislodgement of tubes and stringent reimbursement policies are anticipated to restrain the market growth during the next five years.
Global Enteral Feeding Devices Market: Competitive LandscapeSome of the key players in the global Enteral Feeding Devices Market areMedtronic plcCook MedicalBraun Melsungen AGAbbott LaboratoriesBoston Scientific CorporationBectonDickinson and Company (BD)Fresenius Kabi AGDanone NutriciaNestléCONMED CorporationMoog, Inc.Halyard Health, Inc.Vygon SA.Enteral Feeding Devices Market SegmentationThe global enteral feeding devices market has been segmented into product, age group, indication, end user, and region.By product, the market has been segmented into enteral feeding tubes, enteral feeding pumps, enteral syringes, administration sets, and consumables.
Europe would be the second-largest value contributor in the enteral feeding devices market owing to the Asia-Pacific would represent the profitable market growth during the forecast period due to growth in geriatric population, rising incidence of oral cancer, and increasing awareness about enteric feeding devices, and surging number of hospital admissions in China, India, Japan, and Australia.
Enteral Feeding Devices Market OverviewEnteral feeding is referred to a nutritional therapy where nutrients are supplied directly to the gastrointestinal tract.
Different factors contributing to the ascension of the global enteral feeding devices market include increasing prevalence of the geriatric population, along with the rising incidence of chronic diseases across the globe.
There are several types of enteral tubes, such as nasoenteric feeding tubes, enterostomy feeding tubes, and oroenteric feeding tubes.
The nasoenteric feeding tubes include types of nasogastric feeding tubes, nasojejunal feeding tubes, and nasoduodenal feeding tubes.
Different indications of enteral feeding treatments include gastrointestinal diseases, cancer, neurological disorders, diabetes, and hypermetabolism.
Different types of cancer that require enteral feeding treatments include gastrointestinal cancer, liver cancer, head & neck cancer, esophageal cancer, and pancreatic cancer.
Enteral Feeding Device Market Research Report: Information by Product (Enteral Feeding Tubes, Enteral Feeding Pumps, Enteral Syringes, Administration Sets, Consumables), Age Group, Indication (Cancer), & End User (Hospitals) - Forecast till 2023 The Global Enteral Feeding Device Market is expected to exhibit a strong 6.1% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR).
The global enteral feeding devices market is profiled in detail in the report, which provides a comprehensive overview of the market’s leading drivers and restraints as well as the leading players operating in the market.
The enteral feeding devices market was valued at USD 2,302.4 million in 2018.Enteral feeding devices are used to feed people who, permanently or temporarily, have lost the ability to feed themselves due to the disease or disorder.
The growing concern about infant mortality and the increasing efforts to prevent the same are also likely to be a key driver for the global enteral feeding devices market over the forecast period.Enteral Feeding Devices Market Competitive Analysis:Leading players in the global enteral feeding devices market include Vygon SA, Halyard Health Inc., Moog Inc., CONMED Corporation, Nestle, Danone Nutricia, Fresenius Kabi AG, Becton Dickinson and Company, Boston Scientific Corporation, Abbott Laboratories, B. Braun Melsungen AG, Cook Medical, and Medtronic plc.
Major players in the global enteral feeding devices market are likely to focus on developing products that fit regulatory standards and enable steady growth for the company in the market.
The growing scope for the medical devices sector in Asia Pacific is likely to be a key factor for the global enteral feeding devices market over the forecast period.Browse More Information @ https://www.marketresearchfuture.com/reports/enteral-feeding-devices-market-7828Enteral Feeding Devices Market Segmentation:The global enteral feeding devices market has been segmented on the basis of product, age group, indication, end user, and region.
