Enteral Feeding Devices Market Expected to Reach $4.42 Billion by 2027

Enteral feeding is a nutritional therapy that provides nutrients directly in the gastrointestinal tract of patients who are unable to swallow food or who cannot get enough nourishment by eating or drinking. Enteral feeding therapy involves the usage of feeding devices such as pumps and tubes. These medical devices deliver the medications and nutrients directly into the stomach, duodenum, or jejunum via either the nose, mouth, or the direct percutaneous route.

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :
The global enteral feeding devices market is highly competitive, and prominent players have adopted various strategies for garnering maximum market share. These include collaboration, product launch, partnership, and acquisition. Major players operating in the market include Fresenius SE & Co. KGaA, Boston Scientific Corporation, Danone, Cook Medical, Inc., Cardinal Health Inc., Becton, Dickinson and Company, Moog Inc., B. Braun Melsungen AG, Owens & Minor, Inc., and Nestlé S.A.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/704

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘
The enteral feeding pumps segment accounted for nearly 37.3% share of the global enteral feeding devices market in 2027.
The adult segment is accounted for the largest share in 2019, which is $ 1,634.19 million, and is expected to grow at $ 2,480.53 million in 2027.
The neurological disorder segment accounted for largest share around 36.4% share of the global enteral feeding devices market in 2019.
North America accounted for around 32.48% share of the global market in 2019.
LAMEA is expected to provide lucrative enteral feeding devices market growth opportunities and grows with the CAGR of 5.7% from 2020to 2027.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/704

Further, head and neck cancers, cancers of the gastrointestinal system, lung cancer, and liver cancer, are expected to play a major role in the higher adoption of enteral feeding devices used to provide clinical nutrition to cancer patients.

By age group, the pediatric segment is expected to experience the highest growth in the 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 is 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.

Europe was the leading revenue contributor to the global enteral feeding devices market in 2019, and is expected to dominate the market during the forecast period. This is attributed to early approval of enteral feeding devices and high adoption of enteral feeding pumps in this region. However, Asia-Pacific is expected to grow at the highest CAGR of 6.2% during the study period, due to increase in affordability, surge in healthcare expenditure, and rise in awareness toward safe enteral feedings products.

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