Market Definition
The global enteral feeding devices market was valued at USD 3.8 billion in 2021 and it is anticipated to reach up to USD 7.1 billion by 2031, at a CAGR of 6.5% during the forecast period.
Enteral feeding is the practice of utilizing a feeding tube to administer nutritionally adequate food or medication to a patient’s stomach or intestine. In patients with a healthy GI tract, enteral nutrition either complements oral feeding or takes its place entirely. The clinical nutrition sector has been completely transformed by enteral feeding equipment including feeding pumps and tubes, which are especially effective for malnourished patients. During the forecast period, factors include rising healthcare costs, an increase in preterm births, an aging population, an increase in the prevalence of chronic illnesses like diabetes, cancer, gastrointestinal diseases, and neurological disorders, a rise in awareness of enteral nutrition, and quick advancements in healthcare infrastructure in developing nations are anticipated to further propel the market.
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Market Outlook
The shift from parenteral to enteral nutrition is likely to boost the growth of the market. Enteral feeding is the practice of administering nutritionally sound food or medication through a feeding tube to a patient’s stomach or intestine. In individuals with a healthy gastrointestinal (GI) tract, enteral nutrition replaces oral feeding entirely or supplements it. For patients who are malnourished, enteral feeding equipment such as feeding pumps and tubes have transformed the clinical nutrition sector. During the forecast period, factors include rising healthcare costs, an increase in preterm births, an aging population, an increase in the prevalence of chronic illnesses like diabetes, cancer, gastrointestinal diseases, and neurological disorders, a rise in awareness of enteral nutrition, and quick advancements in healthcare infrastructure in emerging nations are anticipated to further propel the market.
Market Restraints and Challenges
The most successful and economical method for giving patients clinical nutrition is enteral feeding. The usage of these gadgets does come with a few drawbacks, though, and these contribute to the cost of healthcare. The majority of enteral feeding-related issues are minor, although some are more dangerous than others. Even though they are less common and severe, enteral nutrition’s metabolic problems are quite comparable to those that arise with parenteral nutrition. Monitoring carefully can help to lessen or stop these issues. But these worries, along with the mortality linked to these issues, serve as a barrier to the widespread use of enteral feeding devices.
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Research Objectives
• Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
• Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
• Identify factors influencing market growth and challenges, opportunities, drivers and restraints
• Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
• Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
• Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
• To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
• Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Segmental Overview
The report analyses global enteral feeding devices based on product type, age group, application, end user, and region.
Major Players in the Global Enteral Feeding Devices Market
The key players in the global enteral feeding devices market are Becton, Dickinson and Company (US), Danone S.A. (France), CONMED Corporation (US), Cardinal Health Inc. (US), Cook Medical (US), Moog Inc. (US), Fresenius Kabi (Germany), Boston Scientific Corporation (US), Vygon Group (France), Nestlé S.A. (Switzerland), B. Braun Melsungen AG (Germany), Avanos Medical Inc. (US), Baxter International Inc. (US), Applied Medical Technology (US), Amsino International Inc. (US), Omex Medical Technology (India), Danumed Medizintechnik (Germany), Medline Industries, Inc. (US), Fuji Systems Corporation (Japan), Kentec Medical Inc. (US), Vesco Medical LLC (US), Dynarex Corporation (US), Medela Inc. (Switzerland), Alcor Scientific (US), and Romsons Group of Industries (India).
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Research Scope
• Scope – Highlights, Trends, Insights. Attractiveness, Forecast
• Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
• Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
• Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
• Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
• Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
• Market Size in 2021 – $3.8 bn
• Market Size in 2031 – $7.1 bn
• CAGR % – 6.5%
• Historic Period – 2015-2020
• Forecast Period – 2022-2031
• Base Year – 2021
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