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Enteral Feeding Devices Market Set To Rise in the Forecast 2018 – 2026 | Halyard Health, Inc, Fresenius SE & Co. KGaA, Abbott Laboratories, B. Braun Melsungen AG, Covidien PLC, Cook Medical, C. R. Bard, Nestlé S.A, Moog, and ConMed Corporation
Enteral feeding is used to feed individuals who are unable to get an adequate diet through oral intake either from food or nutritional supplements, or patients who cannot eat/drink safely. The process of enteral feeding is commonly used in patients with dysphagia (impairment of drinking, eating, and/or swallowing)The enteral feeding devices market is highly consolidated at the top. Small players operating at regional as well as local levels are giving tough competitions to the leading players on the basis of cost. In order to be relevant in the market, leading players are developing new technologies on a continuous basis in order to enhance their product portfolios.
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Some of the companies operating in the enteral feeding devices market in the current scenario are Halyard Health, Inc. (U.S.), Fresenius SE & Co. KGaA (Germany), Abbott Laboratories (U.S.), B. Braun Melsungen AG (Germany), Covidien PLC (Ireland), Cook Medical (U.S.), C. R. Bard, Inc. (U.S.), Nestlé S.A (Switzerland), Moog, Inc. (U.S.) and ConMed Corporation (U.S.).
The increase in the geriatric population and rise in the number of preterm births has led to the rise of the patients requiring enteral feeding devices. Additionally, higher occurrence of chronic diseases, including diabetes, cancer, gastrointestinal diseases, and neurological disorders, coupled with the rising need for patients’ ease throughout hospitalization and recent technological innovations, are some of the key factors fuelling the growth of the global enteral feeding devices market.
Complexities associated with the use of these devices, severe policies for compensation in underdeveloped and developing economies, and existence of low-cost local competition are some of the factors restraining the market growth.
By product type, enteral feeding pumps held the maximum share and is likely to be the fastest-growing segment during the forecasted period. The demand for such products is typically generated by the geriatrics patients, who are unable to consume food for many possible reasons. Pediatric patients also use enteral feeding pumps extensively.
A rising number of hospitals as well as ambulatory care centers are adopting enteral nutrition as an efficient method for providing clinical nutrition. These factors in turn are fuelling the growth of the enteral feeding devices market.
In terms of geography, North America held the largest share in the enteral feeding devices market, followed by Europe. Asia-Pacific is likely to grow at a significant rate during the forecast period. The presence of a large customer base, rising geriatric population as well as rising prevalence of chronic diseases are some of the factors that are expected to boost the market in this region.
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Enteral feeding devices Market Taxonomy
On the basis of product type, the global market is classified into:
Enteral feeding tubes
Enteral feeding pumps
Giving sets
Administration reservoirs
Enteral Syringes
On the basis of age, the global market is classified into:
Pediatric
Adults
On the basis of end user, the global market is classified into:
Hospitals
Ambulatory Care Centers
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Administration of medication & enteral feeding
Introduction
An adequate way to deliver nutrients directly to the gastrointestinal tract is through enteral feeding. This definition applies to orogastric, nasogastric, and gastrostomy tube feeding in this recommendation. For a variety of causes, along with the following, a wide range of kids may need enteral feeding for a short or long time:
Not being able to consume enough nutrientsPoor swallowing or suckingStructural issues with the face or oesophagusAnorexia brought on by…