Global Enteral Feeding Devices 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 2017.
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. Enteral feeding devices are used to directly deliver nutrients into some part of the small intestine or stomach, so that at-risk patients can be fed under complete supervision. Enteral feeding devices also allow doctors to monitor and manage the temporary nutrition of specific individuals in order to make sure they are being fed as much and what they should be fed, considering specific diseases and disorders. The growing geriatric population around the world is likely to be a major driver for the global enteral feeding devices market over the forecast period, as the geriatric population is likely to be a major consumer of technologies that allow them to be fed without the hassle of physically feeding themselves. The growing number of geriatric individuals suffering from neurodegenerative diseases is also likely to be a major driver for the global enteral feeding devices market.
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Growing prevalence of cancer, gastrointestinal diseases, and neurological disorders is likely to be a major driver for the global enteral feeding devices market over the forecast period. Cancer patients often need to be monitored for long periods of time, in addition to requiring extensive monitoring of their dietary patterns, as rehabilitation from cancer can be highly affected by dietary imbalances. This has driven the demand for enteral feeding devices in the rehabilitation phase of cancer and other patients. 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.
Key Players – Enteral Feeding Devices Market
Market Research Future (MRFR) recognizes the following companies as the key players in 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.
Segments – Enteral Feeding Devices Market
The global enteral feeding devices market has been segmented on the basis of 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).
Regional Analysis – Enteral Feeding Devices Market
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.
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