Enteral Feeding Devices Market Production, Revenue, Sales, Share, Demand Supply and Forecast 2024

2019 Research Report on Global Enteral Feeding Devices Market is a professional and comprehensive report on the Enteral Feeding Devices industry.

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Key Players: Fresenius Kabi AG (Germany), Avanos Medical, Inc. (US), Cardinal Health, Inc. (US), B. Braun Melsungen AG (Germany), Abbott Laboratories (US), Becton, Dickinson and Company (US), Boston Scientific Corporation (US), Cook Medical, Inc. (US), CONMED Corporation (CONMED) (US), Nestl� S.A. (Switzerland), Danone (France), Moog, Inc. (US), Vygon (France), Amsino International (US), and Applied Medical Technology, Inc. (US).

"The Enteral feeding devices market is projected to grow at a CAGR of 6.7% during the forecast period (2019-2024)."

The enteral feeding devices market is projected to reach USD 4.1 billion by 2024 from USD 2.9 billion in 2019, at a CAGR of 6.7%. Rising healthcare costs, a growing number of preterm births, rising geriatric population, the increasing prevalence of chronic diseases, and rising awareness of enteral nutrition are expected to drive market growth during the forecast period.

Moreover, the shift from parenteral to enteral nutrition and the growing adoption of--and demand for--enteral feeding devices in home and ambulatory care settings are also expected to drive the market in the coming years. On the other hand, patient safety risks, the rising cases of feeding and medication errors, and complications associated with enteral feeding tubes such as misconnections, tube dislodgement, and infections are restricting the growth of this market to a certain extent.

"The enteral feeding tubes segment is expected to grow at the highest rate during the forecast period."

On the basis of type, the enteral feeding devices market segmented into enteral feeding tubes, administration sets, enteral syringes, enteral feeding pumps, and consumables. The enteral feeding tubes segment is projected to witness the highest growth in the enteral feeding devices market during the forecast period. The rising adoption of enteral feeding has resulted in an increase in the demand and uptake of enteral feeding tubes across the globe.

"APAC is projected to witness the highest growth during the forecast period."

Although North America is expected to account for the largest share of global enteral feeding devices market in 2018, the APAC is expected to witness the highest CAGR during the forecast period. The growth of this market is driven by the rising preterm births, rising aging population, and growing awareness of enteral nutrition. Key players have shifted their focus to emerging economies in these regions, focusing on expansion and acquisition to garner a greater market share in the upcoming years.

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In the end, the Global Enteral Feeding Devices Market report's conclusion part notes the estimation of the industry veterans.

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