Enteral Feeding Devices Market is estimated to be US$ 4948.7 million by 2030 with a CAGR of 5.3% during the forecast period
Enteral Feeding
Devices market accounted for US$ 2964.1 million in 2020 and is
estimated to be US$ 4948.7 million by 2030 and is anticipated to register a
CAGR of 5.3%. An enteral feeding system is a medical device that delivers
nutrients to people who can't eat by mouth, can't swallow safely, or need
nutritional supplementation. Enteral feeding systems are used to provide drugs
and nutrients to patients with chronic illnesses such as malnutrition,
gastrointestinal disorders, cancer, and other conditions. Enteral feeding is
the first line of defence in providing sufficient nutrition to malnourished and
unable-to-take-nutrients-orally patients. Enteral feeding systems are often
used in the operating room (OT), intensive care unit (ICU), and critical care
unit (CCU), as well as in seriously ill patients at home.
The report " Global Enteral Feeding Devices Market By Type (Enteral Feeding
Tubes, Enteral Feeding Pumps, Enteral Syringes, and Giving Sets), By
Application (Oncology, Gastroenterology, Neurology, Diabetes, and
Hypermetabolism), and By Region (North America, Europe, Asia Pacific, Latin
America, and Middle East & Africa) - Market Trends, Analysis, and Forecast
till 2030”
Key Highlights:
- The National Nurses Nutrition Group has issued a new set of recommendations for both patients and healthcare professionals offering dietary assistance for efficient patient and professional protection in view of the current pandemic situation.
- Fresenius Kabi finished expanding its plant in Aquiraz, Brazil, in 2019 and expanded the facility's capacity for producing parental nutrition.
Analyst View:
Due to
technological advances such as programming and safety features in feeding
pumps, as well as user-friendly and compact feeding pumps, the enteral feeding
devices market has grown significantly. The largest target demographic for this
market is the growing geriatric population suffering from neurological
disorders such as multiple sclerosis, stroke, and dementia that affect
swallowing. Additionally, one of the major factors expected to boost the demand
for enteral feeding devices is the increased use of enteral nutrition to assist
patients with head and neck cancer who are at high risk of malnutrition.
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Key Market
Insights from the report:
The Global
Enteral Feeding Devices market accounted for US$ 2964.1 million in 2020 and is
estimated to be US$ 4948.7 million by 2030 and is anticipated to register a
CAGR of 5.3%.The Global Enteral Feeding Market is segmented based on type, application, and region.
- By type, the Global Enteral Feeding Market is segmented into Enteral feeding tubes, enteral feeding pumps, enteral syringes and giving sets.
- By Application, the Global Enteral Feeding Market is segmented into Oncology, Gastroenterology, Neurology, Diabetes and hypermetabolism.
- By region, the Global Enteral Feeding Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive
Landscape:
The key
players operating in the Global Enteral Feeding Market include Cook medical
Industries, Moog Ltd., Fresenius Inc., Medtronic Inc., Covidien Ltd., Alcor
Scientific, Applied medical technology, BARD access system, Andersen Ltd. and
Asept Inmed.
The market
provides detailed information regarding the industrial base, productivity,
strengths, manufacturers, and recent trends which will help companies enlarge
the businesses and promote financial growth. Furthermore, the report exhibits
dynamic factors including segments, sub-segments, regional marketplaces,
competition, dominant key players, and market forecasts. In addition, the
market includes recent collaborations, mergers, acquisitions, and partnerships
along with regulatory frameworks across different regions impacting the market
trajectory. Recent technological advances and innovations influencing the
global market are included in the report.
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