openPR Logo
Press release

Enteral Feeding Devices market size reaches USD 4761.8 million by 2029 with a CAGR of 6.4% during 2023-2029

04-15-2024 04:05 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Quants and Trends

Enteral Feeding Devices market

Enteral Feeding Devices market

The global Enteral Feeding Devices market size was valued at USD 3087.9 million in 2022 and is forecast to a readjusted size of USD 4761.8 million by 2029 with a CAGR of 6.4% during review period. The global market for enteral feeding devices continues to witness significant growth, driven by increasing prevalence of chronic diseases, technological advancements, and rising geriatric population.

Market Overview
Enteral feeding devices are crucial medical devices utilized for the administration of nutrients directly into the gastrointestinal tract for patients who are unable to feed themselves orally. This market encompasses a wide range of devices including enteral feeding pumps, tubes, and accessories.
Global top three manufacturers hold a share about 38%. North America is the largest market, with a share over 35%, followed by Europe and Asia-Pacific, both have a share about 55 percent. In terms of product, enteral feeding tubes is the largest segment, with a share about 58%. And in terms of application, the largest application is hospitals, followed by home care.

Market Key Players
• Fresenius Kabi
• Danone
• Cardinal Health
• Nestle
• Avanos Medical
• B. Braun
• Abbott
• Moog
• Applied Medical Technology
• Cook Medical
• Boston Scientific
• Vygon
• ConMed
• BARD
• Alcor Scientific

GET FREE SAMPLE REPORT PDF @ https://quantsandtrends.com/form/request-for-free-sample-pdf?report_code=HC2156&nid=1793

Market Segmentation by Type
• Enteral Feeding Pumps
• Enteral Feeding Tubes
• Others

Market Segmentation by Application
• Hospitals
• Home Care

US Market:
The enteral feeding devices market in the United States is characterized by robust growth owing to factors such as a high prevalence of chronic diseases such as cancer and gastrointestinal disorders, favorable reimbursement policies, and advanced healthcare infrastructure. The rising geriatric population in the country further fuels the demand for enteral feeding devices. Key players in the US market include Abbott Laboratories, B. Braun Melsungen AG, and Cook Medical Inc.

EUROPE Market:
Europe holds a significant share in the global enteral feeding devices market, with countries like Germany, the UK, and France leading the region. The market is driven by increasing healthcare expenditure, rising prevalence of chronic diseases, and favorable government initiatives promoting enteral nutrition. However, regulatory challenges and stringent approval processes for medical devices pose as key challenges for market players in Europe.

APAC Market:
The Asia-Pacific enteral feeding devices market is poised for substantial growth due to factors such as a large patient pool, improving healthcare infrastructure, and rising disposable income. Countries like China, India, and Japan are witnessing increased adoption of enteral feeding devices owing to the growing geriatric population and prevalence of chronic diseases. However, pricing pressures and reimbursement issues may hinder market growth in certain APAC countries.

Middle-East Market:
The Middle-East enteral feeding devices market is experiencing steady growth driven by increasing healthcare expenditure, rising awareness about enteral nutrition, and a growing elderly population. Countries like Saudi Arabia and the United Arab Emirates are the major contributors to market growth in the region. However, geopolitical tensions and economic instability pose challenges for market expansion in the Middle East.

Market Segmentation by Regions
• North America (United States, Canada and Mexico)
• Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
• Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
• South America (Brazil, Argentina, Colombia, and Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

For Exhaustive Table of Contents and Tables and Figures, please visit @ https://quantsandtrends.com/Enteral-Feeding-Devices-Market

Market Strengths
• Increasing prevalence of chronic diseases
• Technological advancements in enteral feeding devices
• Growing geriatric population globally

Market Weaknesses
• High cost associated with enteral feeding devices
• Limited reimbursement policies in some regions
• Risk of complications associated with enteral feeding

Market Opportunities
• Untapped markets in emerging economies
• Expansion of product portfolios by key players
• Focus on developing innovative and cost-effective devices

Market Threats
• Stringent regulatory requirements
• Competition from alternative feeding methods
• Economic instability affecting healthcare spending

Market Past Performance:
The enteral feeding devices market has witnessed steady growth over the past decade, driven by increasing prevalence of chronic diseases, aging population, and technological advancements in enteral feeding devices. Market players have focused on product innovation and strategic collaborations to gain a competitive edge.

Market Forecast:
The enteral feeding devices market is projected to continue its growth trajectory in the coming years, with increasing demand for enteral nutrition products and devices. Market expansion will be driven by factors such as rising healthcare expenditure, growing geriatric population, and advancements in healthcare infrastructure.

Market Research and Development:
Market players are investing significantly in research and development activities to introduce innovative enteral feeding devices with enhanced features such as wireless connectivity, portability, and patient comfort. Collaborations with healthcare institutions and academic research centers are also on the rise to drive product innovation.

Market PESTEL Analysis:
A PESTEL analysis of the enteral feeding devices market reveals the impact of political, economic, social, technological, environmental, and legal factors on market dynamics. Political stability, economic growth, technological advancements, and regulatory frameworks play crucial roles in shaping market trends and opportunities.

Market SIPOC Analysis:
A SIPOC analysis (Supplier, Input, Process, Output, Customer) of the enteral feeding devices market highlights key stakeholders, inputs, processes, outputs, and customers involved in the supply chain. Understanding the SIPOC framework helps identify areas for improvement and optimization in the market ecosystem.

Conclusion:
In conclusion, the enteral feeding devices market presents significant growth opportunities driven by increasing prevalence of chronic diseases, aging population, and technological advancements. While challenges such as regulatory hurdles and pricing pressures exist, market players can capitalize on opportunities in emerging markets and invest in research and development to stay competitive. A thorough understanding of regional dynamics and strategic analyses such as PESTEL and SIPOC is essential for navigating the evolving landscape of the enteral feeding devices market.

For further inquiries, please contact:
info@quantsandtrends.com
US: +1-315-675-4303
INDIA: +91-952-980-3362
Sector-13, Chikhali Pradhikaran,
Pune-411019, Maharashtra, India.
https://quantsandtrends.com/

About Quants and Trends:
Through our consulting research solutions, we guide our clients in discovering answers to their research needs. We pledge to offer our clients only the best research and consulting services. With our low-cost market research services, we assist our clients in understanding the major industry trends, spotting opportunities, and coming to wise conclusions. We understand not every client's particular research needs may be satisfied by syndicated papers. We offer our dear clients with an array of options to tailor research to meet their unique objectives and financial constraints.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Enteral Feeding Devices market size reaches USD 4761.8 million by 2029 with a CAGR of 6.4% during 2023-2029 here

News-ID: 3464481 • Views:

More Releases from Quants and Trends

Shape Memory Alloys Market Size Worth USD 1385.4 Million by 2029 at a CAGR of 8.2% during review period 2023-2029
Shape Memory Alloys Market Size Worth USD 1385.4 Million by 2029 at a CAGR of 8. …
The global Shape Memory Alloys Market size was valued at USD 796.4 million in 2022 and is forecast to a readjusted size of USD 1385.4 million by 2029 with a CAGR of 8.2% during review period. Market Overview: Shape Memory Alloys (SMAs) are revolutionary materials with the unique ability to return to a predetermined shape when subjected to certain stimuli, such as temperature or stress. This remarkable property has led to their
Electroless Plating Market Worth USD 5469.7 Million by 2029 at a CAGR of 3.0% during review period 2023-2029
Electroless Plating Market Worth USD 5469.7 Million by 2029 at a CAGR of 3.0% du …
The global Electroless Plating Market size was valued at USD 4457.4 million in 2022 and is forecast to a readjusted size of USD 5469.7 million by 2029 with a CAGR of 3.0% during review period. Market Overview: Electroless plating, also known as autocatalytic plating, is a chemical process that deposits a metal or alloy onto a substrate without the use of an external electrical power source. This method offers several advantages, including
Braze Market Size Worth USD 5563.3 Million by 2029 at a CAGR of 1.8% during review period 2023-2029
Braze Market Size Worth USD 5563.3 Million by 2029 at a CAGR of 1.8% during revi …
The global Braze Market size was valued at USD 4904 million in 2022 and is forecast to a readjusted size of USD 5563.3 million by 2029 with a CAGR of 1.8% during review period. Market Overview: The Braze Market plays a pivotal role in various industries, offering a reliable method for joining metal components with superior strength and durability. Brazing involves the use of a filler metal that melts above 450°C (840°F)
Re-dispersible Latex Powder (RDP) Market Worth USD 1935.3 Million by 2029 at a CAGR of 3.2% during review period 2023-2029
Re-dispersible Latex Powder (RDP) Market Worth USD 1935.3 Million by 2029 at a C …
The global Re-dispersible Latex Powder (RDP) Market size was valued at USD 1556.8 million in 2022 and is forecast to a readjusted size of USD 1935.3 million by 2029 with a CAGR of 3.2% during review period. Market Overview: Re-dispersible latex powder (RDP) is a crucial additive used in construction materials such as mortars, plasters, and tile adhesives. It enhances the performance of these materials by imparting properties such as improved adhesion,

All 5 Releases


More Releases for Enteral

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
Enteral Syringe Market Is Booming Worldwide with challenges in future | B. Braun …
The global Enteral Syringe market which projected a CAGR of approximately +5% in the midst of the estimate time span of 2020-2027. Coherent Market Insights has added a new report to its database that qualifies an expressive and professional look into this market. The report is titled Global Enteral Syringe Market. Thus, the report scrutinizes the present-day environment of the market in order to generate a comprehensive understanding of the future
Global Enteral Feeding Tubes Market Size
According to a new market research report published by Global Market Estimates, the Global Enteral Feeding Tubes market is expected to grow at a CAGR of 6.9% during the forecast period, to reach USD 4.6 Billion by 2026. The demand for enteral feeding tubes is projected due to the fastest-growing home care industry and also due to advancements in the feeds, pumps, and access devices. Browse 158 Market Data Tables and
Enteral Syringe Market Detailed industry report live covering players GBUK Enter …
Enteral syringes are majorly used for administering drugs and nutritional therapy through oral, rectal or sublingual route of administration. They are commonly used in hospitals, clinics, and homes and are available in range of 1ml to 60 ml. Newly launched enteral syringes are designed and manufactured to meet latest international standard ISO-80369-3. Drugs can be directly placed into the gastro-intestinal tract through enteral route. Enteral syringes are most widely used
Enteral Feeding Devices Market
https://www.qandqmarketresearch.com/reports/7624728/enteral-feeding-devices-market-36 The global Enteral Feeding Devices market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 20192025. This report focuses on Enteral Feeding Devices volume and value at global level, regional level and company level. From a global perspective, this report represents overall Enteral Feeding Devices market size by analyzing historical data and future
Enteral Feeding Devices Market By Product (Enteral Feeding Pump, Enteral Feeding …
Enteral nutrition is a common medical delivery of nutritionally complete feed that contains protein, fat, carbohydrates, minerals, and water. This therapy involves the passage of nutrition directly into the stomach, duodenum, or jejunum. Enteral feeding devices are medical devices used to provide medications and nutrition in patients suffering from chronic illness such as malnutrition, gastrointestinal disorder, cancer, and others. These devices are placed into the stomach, duodenum, or jejunum via