Friday, September 16, 2022

Enteral Feeding Devices Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 


The Enteral Feeding Devices market is primarily driven by factors such as growing demand from home care sector, prevalence of chronic diseases, incidence of preterm birth, and growing geriatric population are driving the growth. Generally, enteral feeding is a process of nutritional therapy. This therapy is considered the best for the adults and pediatrics age group. In the enteral feeding process, the gastrointestinal tract (GIT) gets the direct supply of nutrients. This therapy has been developed specifically with an aim to fulfill that patient’s demands those who cannot swallow food by themselves or who are not receiving proper nourishment by drinking or eating foods.
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According to UnivDatos Market Insights (UMI)’ research reportEnteral Feeding Devices Market”, the market is expected to witness a CAGR growth of around ~6.5% during the forecast period 2021-2027F. Global Enteral Feeding Devices Market is experiencing significant growth due to rising geriatric population, rising healthcare costs; a surge in the number of preterm births; rising prevalence of chronic diseases such as diabetes, cancer, gastrointestinal diseases, and neurological disorders; growing awareness of enteral nutrition; and rapid improvements in healthcare facilities.

Based on Product, the global Enteral Feeding Devices Market is classified into enteral feeding pumps, enteral feeding tubes, giving sets, enteral syringes, consumables and others. Enteral feeding pumps are valuable treatment modalities for the management of acute and chronic illness. These pumps provide required nutrition support therapy for patients suffering from functional GI track. Feeding pumps administer the nutritional value to a patient.

Based on Age Group, the Enteral Feeding Devices market is segmented into adults and pediatrics. The adult segment contributed the maximum market to the Enteral Feeding Devices market owing to high prevalence of chronic diseases among the adult population. The pediatric segment of global enteral feeding devices market is attributed to high prevalence of preterm births across the globe.

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Based on Application, the Enteral Feeding Devices market is segmented into oncology, gastroenterology, neurology, diabetes, hyper metabolism and others. Oncology holds the highest share in the Enteral Feeding Devices market. Enteral feeding devices, such as gastrostomy buttons, also known as low-profile gastrostomy devices, have been steadily gaining popularity among G-tube users. They are ideal for children and active adult patients as the buttons lie flush to the patient’s skin rather than extending as a tube-off of the body.

Based on End User, the Enteral Feeding Devices market is segmented into hospitals, Ambulatory Surgery Centers, Homecare and others. Hospitals holds the highest share in the Enteral Feeding Devices market. The utilization rate of enteral feeding devices in hospitals is high owing to high availability of these products in hospitals and placement of tubes in hospitals with high success rate. In addition, shift from parenteral nutrition to enteral nutrition are supporting the growth of the hospitals segment.
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North America to Witness Strong Growth

North America Enteral Feeding Devices market to witness strong growth during the forecast period. The rapidly surging demand for Enteral Devices in a variety of unique sectors is a key factor behind the growth of this segment. The products are continually being improved and innovated to create something for everyone. Additionally, various technological advancements, such as the development of low-profile gastrostomy buttons that are suitable for both children and adult patients, are contributing to the market growth. Other factors, including improving healthcare infrastructure, along with the growing demand for neonatal and preterm enteral feeding devices, are expected to drive the market further.

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Enteral Feeding Devices Market are includes Avanos Medical, Inc., Cardinal Health, Inc., B. Braun Melsungen AG, Hollister Incorporated, Becton, Dickinson and Company, Boston Scientific Corporation, CONMED Corporation, Medline Industries, Inc., Koninklijke Philips N.V., Baxter, etc.

        In July 2017, Cardinal Health has completed the acquisition of Medtronic's Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency business for $6.1 billion. The transaction include 17 dedicated manufacturing facilities and the product lines included in the transaction are the company's dental/animal health,  wound care, electrodes, perinatal protection, blood collection, compression, and enteral feeding offerings.

 “Enteral Feeding Devices Marketprovides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on different parameters. This will help companies in the formulation of go to market strategies and identifying the blue ocean for its offerings.
Market Segmentation:

1.      By Product (Enteral Feeding Pumps, Enteral Feeding Tubes, Giving Sets, Enteral Syringes, Consumables, Others)

2.      By Age Group (Adults and Pediatrics)

3.      By Application ( Oncology, Gastroenterology, Neurology, Diabetes, Hyper metabolism and Others)

4.      By End User (Hospitals, Ambulatory Surgery Centers & Home Care and Others)

5.      By Region [North America (United States, Canada, Rest of North America), Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), and Rest of World)]

6.      By Company (Avanos Medical, Inc., Cardinal Health, Inc., B. Braun Melsungen AG, Hollister Incorporated, Becton, Dickinson and Company, Boston Scientific Corporation, CONMED Corporation, Medline Industries, Inc., Koninklijke Philips N.V., Baxter)

Key questions answered in the study:

1.      What are the current and future trends of the Enteral Feeding Devices Sector?

2.      How the industry has been evolving in terms of consumer demand and product category?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the Enteral Feeding Devices Sector?

5.      What is the customer orientation, purchase behavior, and expectations from the Enteral Feeding Devices Products suppliers across various countries?

Table of Content –

1. MARKET INTRODUCTION

2. RESEARCH METHODOLOGY OR ASSUMPTION

3. MARKET SYNOPSIS

4. EXECUTIVE SUMMARY

5. ENTERAL FEEDING DEVICE MARKET COVID-19 IMPACT

6. ENTERAL FEEDING DEVICE MARKET REVENUE, 2019-2027F

7. MARKET INSIGHTS BY PRODUCT TYPE

8. MARKET INSIGHTS BY AGE GROUP

9. MARKET INSIGHTS BY APPLICATION

10. MARKET INSIGHTS BY END USER

11. MARKET INSIGHTS BY REGIONS

12. ENTERAL FEEDING DEVICE MARKET DYNAMICS

13. ENTERAL FEEDING DEVICE MARKET OPPORTUNITIES

14. ENTERAL FEEDING DEVICE MARKET TRENDS

15. ENTERAL FEEDING DEVICE MARKET VALUE CHAIN

16. CARBONATED SOFT DRINK PRODUCTS REGULATIONS

17. DEMAND & SUPPLY ANALYSIS

18. COMPETITIVE SCENARIO

19. COMPANY PROFILED

20. DISCLAIMER

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