Press release
In 2017, global revenue of Enteral Feeding Tube is nearly 631 M USD; the actual production is about 14.8 million units.
The classification of Enteral Feeding Tube includes Gastrostomy Tube, Nasoenteric Tube and Other Tube. And the proportion of Nasoenteric Tube in 2017 is about 63%, and the proportion is stable from 2013 to 2017.
Enteral Feeding Tube is widely sales for Oncology, Gastroenterology, Neurology, Diabetes and Other. The most proportion of Enteral Feeding Tube is for Oncology, and the consumption proportion is about 36% in 2017. Diabetes is the highest growth application with average growth rate over 8%.
North America is the largest consumption place, with a consumption market share nearly 34% in 2017. Following North America, Europe is the second largest consumption place with the consumption market share of 28%.
Market competition is intense. Abbott, Fresenius Kabi, Danone and Nestle are the leaders of the industry, and hold key technologies, with high-end customers, have been formed in the monopoly position in the industry. They are also the main international exporters. However, with further expanding market, there will be more manufactures in the future.
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