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Enteral Feeding Devices Market SWOT Analysis of Top Key Player Forecasts to 2031 | Becton, Dickinson and Company, Danone S.A. , CONMED Corporation, Cardinal Health Inc.
The global enteral feeding devices market was valued at USD 3.8 billion in 2021 and it is anticipated to reach up to USD 7.1 billion by 2031, at a CAGR of 6.5% during the forecast period.New York, According to a new market research report published by Global Insight Services Enteral Feeding Devices Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Enteral feeding is the practice of utilizing a feeding tube to administer nutritionally adequate food or medication to a patient's stomach or intestine. In patients with a healthy GI tract, enteral nutrition either complements oral feeding or takes its place entirely. The clinical nutrition sector has been completely transformed by enteral feeding equipment including feeding pumps and tubes, which are especially effective for malnourished patients. During the forecast period, factors include rising healthcare costs, an increase in preterm births, an aging population, an increase in the prevalence of chronic illnesses like diabetes, cancer, gastrointestinal diseases, and neurological disorders, a rise in awareness of enteral nutrition, and quick advancements in healthcare infrastructure in developing nations are anticipated to further propel the market.
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Market Trends and Drivers
The shift from parenteral to enteral nutrition is likely to boost the growth of the market. Enteral feeding is the practice of administering nutritionally sound food or medication through a feeding tube to a patient's stomach or intestine. In individuals with a healthy gastrointestinal (GI) tract, enteral nutrition replaces oral feeding entirely or supplements it. For patients who are malnourished, enteral feeding equipment such as feeding pumps and tubes have transformed the clinical nutrition sector. During the forecast period, factors include rising healthcare costs, an increase in preterm births, an aging population, an increase in the prevalence of chronic illnesses like diabetes, cancer, gastrointestinal diseases, and neurological disorders, a rise in awareness of enteral nutrition, and quick advancements in healthcare infrastructure in emerging nations are anticipated to further propel the market.
Market Restraints and Challenges
The most successful and economical method for giving patients clinical nutrition is enteral feeding. The usage of these gadgets does come with a few drawbacks, though, and these contribute to the cost of healthcare. The majority of enteral feeding-related issues are minor, although some are more dangerous than others. Even though they are less common and severe, enteral nutrition's metabolic problems are quite comparable to those that arise with parenteral nutrition. Monitoring carefully can help to lessen or stop these issues. But these worries, along with the mortality linked to these issues, serve as a barrier to the widespread use of enteral feeding devices.
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Global Enteral Feeding Devices Market Segmental Overview
The report analyses global enteral feeding devices based on product type, age group, application, end user, and region.
Global Enteral Feeding Devices Market by Product Type
Based on product type, it is segmented into enteral feeding pumps, enteral feeding tubes, enteral syringes, giving sets, and consumables. The enterostomy feeding pumps segment is anticipated to hold the majority of the market share during the forecast period. The key factors boosting the growth of the market are rise in usage of the feeding pumps and lesser side effects as compared to other devices.
Major Players in the Global Enteral Feeding Devices Market
The key players in the global enteral feeding devices market are Becton, Dickinson and Company (US), Danone S.A. (France), CONMED Corporation (US), Cardinal Health Inc. (US), Cook Medical (US), Moog Inc. (US), Fresenius Kabi (Germany), Boston Scientific Corporation (US), Vygon Group (France), Nestlé S.A. (Switzerland), B. Braun Melsungen AG (Germany), Avanos Medical Inc. (US), Baxter International Inc. (US), Applied Medical Technology (US), Amsino International Inc. (US), Omex Medical Technology (India), Danumed Medizintechnik (Germany), Medline Industries, Inc. (US), Fuji Systems Corporation (Japan), Kentec Medical Inc. (US), Vesco Medical LLC (US), Dynarex Corporation (US), Medela Inc. (Switzerland), Alcor Scientific (US), and Romsons Group of Industries (India).
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Reasons to buy Enteral Feeding Devices Market Report:
• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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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…