Press release
Enteral Feeding Devices Market Size is expected to reach $4,426.54 Million by 2027
The global enteral feeding devices market size was valued at $2,828.52 million in 2019 and is projected to reach $4,426.54 million by 2027 at a CAGR of 5.5% from 2020 to 2027. The major factors that contribute toward the growth of the market include an increase in the prevalence of chronic disorders such as cancer and neurological disorders. In addition, a rise in the adoption of enteral nutrition, an increase in the geriatric population, and a surge in incidences of malnutrition cases are expected to help increase the market revenue and boost the enteral feeding devices market growth. However, stringent governmental regulations and inadvertent dislodgment of tubes leading to accidental disabilities and deaths hamper the market growth. Conversely, the development of new products with technological advancement and high market potential in untapped emerging economies are expected to provide lucrative opportunities for market growth.View Full Report : https://reports.valuates.com/market-reports/ALLI-Auto-2A33/enteral-feeding-devices
An enteral feeding device is a medical device used to provide nutrition to people who cannot obtain nutrition by mouth, are unable to swallow safely, or need nutritional supplementation. In addition, enteral feeding refers to the intake of food via the gastrointestinal (GI) tract. The GI tract comprises the mouth, esophagus, stomach, and intestines. Enteral feeding devices are medical devices used to provide medications and nutrition in patients suffering from chronic illness such as malnutrition, gastrointestinal disorder, cancer, and other. Being fed through a tube allows them to receive nutrition and keep their GI tract working. Enteral feeding may make up their entire caloric intake or may be used as a supplement. Generally, enteral feeding devices are used in operation theatre (OT), intensive care unit (ICU), and critical care unit (CCU), and in severely ill patients even at home.
Enteral Feeding Devices Market Segmentation
The enteral feeding pumps segment accounted for the largest share in 2019, and is expected to grow at the fastest rate during the forecast period with a CAGR of 6.3%, owing to rise in usage of the feeding pumps and lesser side effects as compared to other devices.
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The cancer segment is anticipated to record the highest growth at a CAGR of 6.0% during the forecast period. This is attributed to increase in global cancer cases across the globe. Further, head and neck cancers, cancers of the gastrointestinal system, lung cancer, and liver cancer, are expected to play a vital role in the higher adoption of enteral feeding devices used to provide clinical nutrition to cancer patients.
By age group, the pediatric segment is the highest growing segment of global enteral feeding devices market with a CAGR of 6.0%. This is attributed to high prevalence of preterm births across the globe.
By end user, the hospital segment accounted for the largest share in 2019, which was $ 1,726.16 million. The utilization rate of enteral feeding devices in hospitals is high owing to high availability of these products in hospitals and placement of tubes in hospitals with high success rate. In addition, shift from parenteral nutrition to enteral nutrition are supporting the growth of the hospitals segment. However, the home care segment is expected to grow at a CAGR of 6.1% during the forecast period.
Key Benefits for Stakeholders
o This report entails a detailed quantitative analysis along with the current and future global enteral feeding devices market trends from 2019 to 2027 to identify the prevailing opportunities along with the strategic assessment.
o The enteral feeding devices market forecast is studied from 2019 to 2027.
o The enteral feeding devices market size and estimations are based on a comprehensive analysis of key developments in the enteral feeding devices industry.
o A qualitative analysis based on innovative products facilitates strategic business planning.
o The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the enteral feeding devices market,
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Administration of medication & enteral feeding
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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…