Enteral Feeding Devices Market Analysis Report By Product, By Region And Segment Forecasts From 2019 To 2025

Synopsis

With reference to the report published, the global enteral feeding devices market was prized by USD 2.41 billion in 2018. It is estimated to witness a 5.8% CAGR from 2019 to 2025.

Drivers

The growing aged populace, frequency of preterm birth, the occurrence of chronic sicknesses, and the rising order from the home care segment, are the factors inspiring the enlargement of the market for enteral feeding devices.

The globally escalating number of undernourishment patients is one of the major issues, boosting the enlargement of the market. For example, consistent with World Health Organization (WHO) information, approximately 2 billion people, globally, not had important micronutrients such as iron and vitamins, from 2017.

The increasing elderly populace that is affected by neurological situations like dementia, multiple sclerosis, and stroke, which affect swallowing, is the main targeted people for this market. Therefore, the prerequisite of dietetic help in the type of oral food insert and enteral diet feeding tube assistance, ease the challenges of nourishment shortfall, appearing between these detected patients.

Furthermore, escalating utilization of enteral nourishment to care for the patients, suffering from neck and head cancer, which are on the extreme possibility of underfeeding is between the input factors, expected to propel the enteral feeding devices market.

The excessive occurrence of untimely births, particularly in budding nations like India and China is the important factor, inspiring the market. In accordance with the WHO, globally, one in every ten deliveries is pre-mature, which is disturbing the families.

Greater frequency of pre-mature births in rising economies, together with the continuously expanding healthcare infrastructure, the intensity of patient alertness, and the healthcare overheads, is projected to help like a greater influential driver to the market.

Product Insight

The enteral feeding pump section created revenue of USD 1.09 billion, in 2018. In the approaching time, the low profile gastrostomy device is expected to be the highest increasing sector. Enteral feeding is widespread in adult as well as pediatric people, detected by chronic sickness. To improve food ingestion and avert undernourishment, acceptance of enteral feeding pumps is large in this populace base. This offers a large expansion opening for the market contestants.

Besides, from the time when its initiation, enteral feeding devices are considered highly developed. For example, the security of the pump has been augmented by the arrival of new-fangled closed systems, recognized for decreasing the microbial threat, as well as wrong management. It is extra user-friendly along with precise nourishment. So, due to the increasing demand for these pumps, the enteral feeding devices market has achieved a major grip.

For the duration of the urgent situation in medicinal cases, the Nasogastric (NG) incubation method is one of the largely executed measures. A nasogastric tube is placed in which would offer essential dietetic as well as medical help to ailing patients and, moreover, to the pale and untimely babies, which contain a restricted delivery of energy and nutrients.

Besides, the patients identified by the serious situations, linked with swallowing complaints like a physical obstacle, dementia, neurological complaints, stroke, and amyotrophic lateral sclerosis, necessitate Nasogastric (NG) tubes to give dietetic and remedial help for the patients.

Regional Insight

In 2018, North America retained the major, almost 38.0% revenue share of the global enteral feeding devices market. Numerous factors can be credited to this share. For example, the rising frequency of lifestyle sicknesses along with the extra complaints, like cancer, diabetes, and autism. Growing elderly people are likely to have chronic illnesses, which give rise to a number of disorders, such as organ failure, digestive disorders, and neurological disorders among others.

The patients going through cosmetic surgical treatments are, furthermore, one of the major groups for such types of devices. For example, on the basis of yearly plastic surgery routine figures, approximately 17.5 million minimally invasive and surgical cosmetic actions were carried out in the U.S., during 2017. As compared to 2016, this figure was greater by 2%. Because it is measured as one of the safest means to assist the patients in fulfilling their dietary necessities, there is greater demand from local hospitals, for enteral feeding devices.

Europe is considering adding to the market for Enteral feeding devices. The rising necessity of radiotherapy measures, and reconstructive surgical treatments, helpful compensation policies, and increasing alertness about the usage of enteral feeding devices. These are the various factors that have augmented the local demand.

During the forecast period, Asia Pacific is anticipated to observe the highest CAGR. The rising figure of undernourishment patients, and preterm births, increasing elderly inhabitants, and growth in the number of hospital admittances, are the various factors, estimated to push the regional development of the market.

Companies

Vygon, a medical device manufacturing company declared the introduction of an enteral feeding pump, named easymoov6, in 2017. The nurses and doctors were able to manage and organize the speed of the flow as well as the quantity of food conveyed, with the aid of this pump.

Some of the companies for enteral feeding devices market are:

    • DANONE
    • Moog Inc.
    • Amsino International Inc.
    • Abbott Nutrition
    • Cook Medical.
    • C.R. Bard
    • ConMed Corporation
    • Boston Scientific Corporation
    • Kimberly-Clark Corporation

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Million Insights, Inc. has segmented global enteral feeding devices market report on the basis of product and region:

• Product Outlook (Revenue, USD Million, 2014 - 2025)
    • Giving Set
    • Enteral Feeding Pump
    • Percutaneous Endoscopic Gastrostomy Device
    • Low Profile Gastrostomy Device
    • Nasogastric Tube
    • Gastrostomy Tube

• Regional Outlook (Revenue, USD Million, 2014 - 2025)
    • North America
        • U.S.
        • Canada
    • Europe
        • U.K.
        • Germany
        • France
        • Italy
        • Spain
        • Russia
    • The Asia Pacific
        • China
        • Japan
        • India
        • South Korea
        • Singapore
        • Australia
    • Latin America
        • Brazil
        • Mexico
        • Argentina
    • Middle East & Africa
        • Saudi Arabia
        • UAE
        • South Africa