Overview:

The global enteral feeding market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Enteral feeding devices are medical devices used to feed individuals who are unable to eat by mouth, need nutrition or cannot swallow safely. Also, enteral feeding refers to the consumption of food using a tube through the gastrointestinal (GI) tract. Patients suffering from chronic diseases such as cancer, gastrointestinal disorder, malnutrition, and others are provided medications through enteral feeding devices.

Market Dynamics:

Advances in technology have led to the development of compact portable enteral feeding pumps made of materials that prevent rupture in high-stress applications. This kind of advancement and development in enteral feeding devices is expected to drive the global market growth. Moreover, increasing prevalence of chronic diseases such as neurological diseases and cancer is another factor supporting growth of the target market. For instance, according to World Health Organization (WHO), in 2018, around 9.6 Mn individuals are died due to cancer across the globe.

Furthermore, surge in the number of malnourished patients worldwide is expected to create profitable growth opportunities in the near future. However, complications associated with the use of enteral feeding devices is a key factor expected to hamper growth of the global market to a certain extent.

Key Trends:

The enteral feeding device market has shifted from hospital care to home enteral nutrition. This trend is growing at a very high rate. Several countries including the United Kingdom, France, Spain, and Japan have established nutrition teams to take care of patients with family enteral nutrition. The growth of the family enteral nutrition market has a positive impact on the enteral feeding devices market.

Regional Analysis:

For detailed understanding of market dynamics, the global market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Europe accounts for the major revenue share in 2019, owing to early approval for enteral feeding devices in the countries in the region. The market in Asia-Pacific is expected to register significant CAGR during the forecast period, due to growing healthcare expenditures, rising awareness of safe enteral feeding products, and growing prevalence of various chronic diseases in the region.

Scope of the Report:

Detailed Segmentation:

Global Enteral Feeding Devices Market, By Type:

• Enteral Feeding Pumps
• Enteral Feeding Tubes
• Administration Sets
• Enteral Syringes
• Others

Global Enteral Feeding Devices Market, By Application

• Oncology
• Gastroenterology
• Neurology
• Diabetes
• Hypermetabolism
• Others

Global Enteral Feeding Devices Market, By Age Group

• Adult
• Pediatrics

Global Enteral Feeding Devices Market, By End User

• Hospital
• Homecare Setting
• Ambulatory Care Settings

Key Players Covered:

Key players operating in the global market include, Fresenius Kabi AG, Cardinal Health, Inc, Nestle SA, Moog, Inc, Danone S.A., Conmed Corporation, B.Braun Melsungen AG, Cook Medical (Cook Group Incorporated), Avanos Medical Inc., Becton, Dickinson and Company, Abbott Laboratories, Vygon SA, and Boston Scientific Corporation.

Key Features of the Study:

Foresight Market Research provides detailed analysis on global market in our report- Global Enteral Feeding Market by type, application, age group, end user, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global enteral feeding market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.