Enteral Feeding Devices Market Share, Industry Growth, Trend, Drivers, Challenges, Key Companies by 2026

Increase in healthcare awareness, surge in the number of preterm births, growth in the aging population are the factors for the growth of the Concrete Surface Retarders Market
Market Size – USD 2.55 Billion in 2018, Market Growth - CAGR of 6.1%, Market Trends – New research in device and tube material are the trends in Enteral Feeding Devices Market
The Global Enteral Feeding Devices Market was valued at USD 2.55 billion in 2018 and is expected to reach USD 4.07 billion by year 2026, at a CAGR of 6.1%. Enteral Feeding Devices Market has driven Factors such as rising healthcare costs, the surge in the number of preterm births, growth in the aging population, rising prevalence of chronic diseases such as diabetes, cancer, gastrointestinal, neurological disorders also growing awareness of enteral nutrition, and rapid improvements in healthcare facilities in emerging countries. Enteral tube feeding is the feeding of nutrients directly into the digestive tract through a tube that is usually placed into the stomach. It is placed via the nose, mouth, or the direct percutaneous route.
In 2018, an estimated 1,735,350 new cases of cancer were diagnosed in the United States. Cancer has an impact on society, not only in the United States but across the world. Enteral Feeding Devices helps in making life of cancer patient easy. Apart from cancer, a globally increase in the number of patients suffering from gastroenterology also recorded. Enteral feeding is usually the preferred method over parenteral nutrition in patients with a functional gastrointestinal system due to the associated risks of the intravenous route, higher cost, such a factor helps in the growth of enteral feeding devices market. Rising aged population across the world, according to the World Health Organization (WHO), from 2015 to 2050, population aging 60 and above is expected to reach 22% of the total global population, which will give rise to chronic diseases such as cancer. Global aging of the population is expected to contribute significant demand for enteral feeding devices. An increasing number of patient entry under the critical care unit is also expected to growth enteral feeding devices market.

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The report provides comprehensive assessment of the market covering key elements such as revenue estimations, cost analysis, import/export, production and consumption trends, CAGR, gross margin, and supply & demand patterns. It also sheds light on recent technological developments, product advancements, and research and development activities in the region.
The report examines the key players operating in the market along with their market position, market share, revenue, gross margin, and business strategies. SWOT analysis and Porter’s Five Forces Analysis are used to examine and assess the market and its players. It also covers recent mergers and acquisitions, joint ventures, collaborations, agreements, partnerships, and product launches and brand promotions.

Key companies profiled in the report include:
Kimberly-Clark Corporation; Abbott Nutrition, Boston Scientific Corporation, ConMed Corporation, Moog Inc., C.R.Bard, Danone, Cook Medical, Amsino International Inc.

Market Segmentation by Types:
By Type (Revenue, USD Million; 2016–2026)
• Enteral Feeding Pumps
• Enteral Feeding Tubes
• Administration Reservoirs
• Enteral Syringes
• Giving Sets
• Consumables
By Age Group (Revenue, USD Million; 2016–2026)
• Adult
• Pediatrics

Market Segmentation by Applications:
By Application (Revenue, USD Million; 2016–2026)
• Oncology
• Gastroenterology
• Neurological Disorders
• Diabetes
• Hypermetabolism
• Other Applications

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Regional analysis covers in-depth analysis of analysis of the revenue, market share, and growth rate of the global Enteral Feeding Devices market in each region for the forecast period of 2021-2028. The report covers production and consumption rate, current and emerging trends, import/export, supply and demand, and presence of key players in each region.

• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o Italy
o France
o BENELUX
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of APAC
• Latin America
o Brazil
o Rest of LATAM
• Middle East & Africa
o Saudi Arabia
o U.A.E.
o South Africa
o Rest of MEA

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Further key findings from the report suggest
• Enteral Feeding Devices Market is expected to grow at CAGR of 6.3% during forecasted period
• Asia Pacific region is accounted with a highest CAGR of 6.4% due to growing nation and increase in aging population, and increase in health care awareness in the major economic countries like China and India
• The most common cancers are breast cancer, lung and bronchus cancer, prostate cancer, colon and cancer, melanoma of the skin, bladder cancer, kidney and renal pelvis cancer, endometrial cancer, pancreatic cancer, thyroid cancer, and liver cancer
• In 2016, an estimated 15.5 million cancer survivors found in the United States. The number expected to increase and reach 20.3 million by 2026
• In 2015, there were about 135 million births globally and 15 million were born before 37 weeks of gestation, while between 3 and 12 percent were born after 42 weeks. An abnormal delivery may cause medical problem to the child for initial days, and only able to feed via enteral feeding

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