Enteral Feeding Devices Market Size Worth US$ 5.4 Billion By 2028 | Industry CAGR of 6.3%

According to the latest report by IMARC Group, titled "Enteral Feeding Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on enteral feeding devices market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global enteral feeding devices market size reached US$ 3.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.

What are enteral feeding devices?

Enteral feeding devices are medical equipment used to deliver nutrition directly to the digestive system of a patient who is unable to eat or swallow food normally. These devices help provide nutrients directly to the digestive system through a tube that is inserted into the nose, mouth, stomach, or small intestine, depending on requirement and the condition of the patient. They are utilized to offer different types of nutrition, including standard formula, specialty formula, and elemental formula. They allow consistent and accurate delivery of food containing proteins, carbohydrates, fats, water, minerals, and vitamins.

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What are the growth prospects and trends in the enteral feeding devices industry?

The increasing prevalence of cancer, multiple sclerosis, Parkinson's disease, Crohn's disease, ulcerative colitis, gastroparesis, and kidney disorders represents one of the major factors driving the demand for enteral feeding devices. Moreover, the rising aging population, which is more prone to develop severe medical conditions and impact the capability of patients to swallow and cause malnourishment, is favoring the growth of the market. In addition, the growing adoption of silicon-based enteral feeding devices that are more flexible and do not cause irritation upon exposure to digestive enzymes is influencing the market positively. Apart from this, the increasing awareness about the benefits of enteral feeding devices among healthcare professionals and patients is contributing to the market growth.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Abbott Laboratories
• Amsino International Inc.
• B. Braun Melsungen Aktiengesellschaft (B. Braun Holding GmbH & Co. KG)
• BD (Becton Dickinson and Company)
• Boston Scientific Corporation
• Cardinal Health Inc.
• Conmed Corporation
• Fresenius Kabi Aktiengesellschaft (Fresenius SE & Co. KGaA)
• Moog Inc

Enteral Feeding Devices Market Segmentation:

Our report has categorized the market based on region, product type, age group, application and end user.

Breakup by Product Type:
• Enteral Feeding Pumps
• Enteral Feeding Tubes
• Giving Sets
• Enteral Syringes
• Consumables
• Others

Breakup by Age Group:
• Adults
• Pediatrics

Breakup by Application:
• Oncology
• Gastroenterology
• Neurology
• Diabetes
• Hypermetabolism
• Others

Breakup by End User:
• Hospitals
• Ambulatory Surgery Centers
• Others

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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This release was published on openPR.