Peg, Nasogastric (NG) and Other Enteral Feeding Tubes & Devices Market To See 5.2% of Global Growth Rate

The enteral feeding devices (e.g. Feeding Pump, Feeding Tube, Giving Set, Enteral Syringe) market has experienced significant growth over the last decade especially in areas such as Oncology, Gastroenterology, Neurology & End User segment such as Hospital, Ambulatory Care. The global enteral feeding devices market is expected to reach $2,517.2 million by 2019 from $1,953.6 million in 2014, at a CAGR of 5.2% from 2014 to 2019 and is not significantly impacted by the economic downturn.

The statistics are revealed by “Enteral Feeding Devices Market Research by Product (Feeding Pump, Feeding Tube, Giving Set, Enteral Syringe), by Stage (Adult, Paediatrics), by Application (Oncology, Gastroenterology, Neurology), by End User (Hospital, Ambulatory Care) - Global Forecast to 2019”, which analyzes and studies the major market drivers, restraints, opportunities, challenges, and burning issues in North America, Europe, Asia-Pacific, and the Rest of the World.

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An increased number of hospitals and ambulatory care settings are adopting enteral nutrition practices and feeding devices. Technological advances have made these devices user-friendly and safe, to avoid complications, such as misconnections, tube dislodgment, aspiration, and tube blockage. Other technological enhancements include unique connection systems to avoid misconnection of feeding tubes, user-friendly techniques, such as portable feeding pumps, programming options, programmable flushing intervals, multiple languages, occlusion pressure alarm options, history of previous feed rates, and screen and program lock-out features to prevent manipulation.

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Technological advances such as such as programming and safety features in feeding pumps, user friendly, and portable feeding pumps are expected to drive the adoption of enteral feeding devices in the global clinical nutrition industry.
With the rapid rise in healthcare infrastructure and healthcare expenditure such as India and China and the rising awareness on enteral feeding as a suitable alternative to parenteral nutrition, the markets in these regions has seen a significant upsurge in recent years. Moreover, the large base of preterm births in developing countries and the growing geriatric population in Japan are also likely to fuel the demand for enteral feeding devices in these regions in upcoming years.

However, insufficient reimbursement in developing and underdeveloped countries and the complications associated with enteral feeding tubes may restrain the growth of this market during the forecast period of 2014 to 2019.
Major players in this market are Fresenius SE & Co. KGaA (Germany), Covidien PLC (Ireland), Abbott Laboratories (U.S.), Halyard Health, Inc. (U.S.), B. Braun Melsungen AG (Germany), Boston Scientific Corporation (U.S.), C.R. Bard, Inc. (U.S.), Cook Medical (U.S.), ConMed Corporation (U.S.), Vygon SA (France), and Moog, Inc. (U.S.). Other players include Applied Medical technology, Inc. (U.S.), Danone Group (France), Nestlé S.A. (Switzerland), Amsino International, Inc. (U.S.), and CORPAK MedSystems, Inc. (U.S.).

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