Enteral feeding devices or artificial nutritional support systems are necessary to feed patients suffering from conditions like swallowing disorders, neurological disorders, mouth malformations (anatomical as well as those developed due to surgery), digestive disorders, malnutrition and cancer, among others.
The global enteral feeding devices market accounted for USD 1,752 million in 2015. The market is estimated at USD 1,831 million in 2016, and projected to reach USD 2,285 million by 2021, growing at a CAGR of 4.53% during the forecast period (2016-2021).
The existing enteral feeding device manufacturers are beginning to adopt advanced technology and specialized techniques to ensure patient safety. The use of unique connection systems to avoid misconnection of feeding tubes is one such technique that reduces the risk of complications associated with the use of enteral feeding devices.
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The rise in geriatric population globally and an increase in the number of pre-term births have augmented the target population of enteral feeding devices market. A higher prevalence rates of chronic diseases (such as cancer, diabetes, neurological disorders and gastrointestinal diseases), recent technological advancements to ensure proper functioning and increase the ease and comfort of patients during hospitalization are some of the major drivers for market growth.
The factors restraining the market are complications associated with the use of enteral feeding devices, stringent reimbursement policies in the developing and underdeveloped countries and the presence of local competition with low-cost products.
Segmentation based on the type of products:
Enteral feeding pumps
Enteral feeding tubes
Segmentation based on patients:
Segmentation based on the end-users:
Globally, enteral feeding pumps dominate the market segments based on the product type with more than half of total share. This sub-segment is expected to be grow at a fast pace during the forecast period. The geriatric and pediatric population comprise the major users of this product type. An increasing number of hospitals and ambulatory care settings, which are adopting enteral nutrition as an effective method of clinical nutrition, are boosting the growth of enteral feeding devices market.
North America, Europe, Asia-Pacific, Middle East & Africa and South America are the geographical regions taken into consideration in this report. North America holds the largest market share among all the regions, and is followed by Europe, Asia-Pacific and the Rest of the World. Asia-Pacific and Latin America are markets with potential growth for enteral feeding devices during the forecast period. The reason for growth in these regions can be attributed to the presence of an extensive customer base, owing to the rising geriatric population and increased prevalence of chronic diseases and disorders. The current market lacks curative therapy; hence, introducing innovative products and tapping the emerging economies are expected to be great opportunities for players in the global market.
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