According to the latest report by IMARC Group, titled “Enteral Feeding Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” offers a comprehensive analysis of the industry, which comprises insights on enteral feeding devices market overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global enteral feeding devices market size reached US$ 3.1 Billion in 2020. Looking forward, the market value is expected to reach US$ 4.6 Billion by 2026, growing at a CAGR of 6.8% during 2021-2026.
Enteral feeding devices are medical tools that deliver essential nutrients directly into the gastrointestinal tract via a feeding tube. This technique is commonly used to feed people who are experiencing inadequate oral food intake due to various chronic illnesses, such as cancer, malnutrition, and gastrointestinal disorders. These devices work as a supplement by enabling consistent and accurate food delivery with a nutritional balance. There are several types of enteral feeding devices available in the market, which include tubes, feeding pumps, internal syringes, consumables, and giving sets. As compared to traditional feeding tubes, silicon-based feeding devices are more flexible and do not cause irritation to the digestive tract.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Enteral Feeding Devices Market Trends:
Some of the major factors driving the market are the increasing prevalence of chronic diseases and the rising geriatric population, which is more prone to developing various neurological conditions, such as stroke, multiple sclerosis, and dementia. Moreover, the introduction of home enteral nutrition solutions and innovations, such as low-profile gastrostomy buttons and safety features to make feeding pumps user friendly, are propelling the market growth. Additionally, the rising incidences of preterm births have led to escalating demand for neonatal enteral feeding devices. Besides this, the outbreak of coronavirus disease (COVID-19) has led to the widespread adoption of enteral feeding devices for providing nutritional support to affected patients, which is further catalyzing the market growth.
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Abbott Laboratories
- Amsino International Inc.
- Braun Melsungen Aktiengesellschaft
- BD (Becton Dickinson and Company)
- Boston Scientific Corporation
- Cardinal Health Inc.
- Conmed Corporation
- Fresenius Kabi Aktiengesellschaft
- Moog Inc
Enteral Feeding Devices Market Segmentation:
Our report has categorized the market based on region, product type, age group, application and end user.
Breakup by Product Type:
- Enteral Feeding Pumps
- Enteral Feeding Tubes
- Giving Sets
- Enteral Syringes
Breakup by Age Group:
Breakup by Application:
Breakup by End User:
- Ambulatory Surgery Centers
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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