Press release
Enteral Feeding Devices Market outlook with industry review and forecasts
The introduction of technologically enhanced devices such as J-tube, G- tube, and reserve balloon design is predicted to propel the industry trends. The growing awareness among patients regarding the harmful effects of chronic diseases as well as the reduced treatment cost will boost enteral feeding devices market share over the coming years of 2016 to 2024.
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Taking into account the product trends, enteral feeding devices industry is mainly segmented into enteral feeding pump, gastrostomy tube, giving set, percutaneous endoscopic gastrostomy device, nasogastric tube, and low profile gastrostomy device. Enteral feeding pump dominated the product segment by collecting a revenue of more than USD 1.2 billion in 2015. Percutaneous endoscopic gastrostomy devices and nasogastric tube devices will also contribute significantly toward the market share. The key attributing factor towards enteral feeding devices industry growth is prevalence of an ever-growing elderly population across the globe. Moreover, these devices are also extensively used for pre-term births, which has been noticeably frequent over the last few years. This, in turn, will drive enteral feeding devices market size over the coming seven years.
Considering the regional landscape, Asia Pacific enteral feeding devices industry is predicted to record the highest annual growth rate of 6.8% over 2016-2024, owing to the presence of huge aging population. India and China will be the major revenue pockets for APAC.
Europe enteral feeding devices market accounted for 35% of the overall revenue in 2015 and is anticipated to generate a significant revenue of over USD 1 billion in 2024. This remarkable growth can be attributed to rising investments in research & development projects to enhance the device portfolio and next generation healthcare facilities. UK and Germany contributed majorly toward Europe enteral feeding devices industry growth and will continue to do so in the years ahead, driven by increasing healthcare spending in the regions coupled with the existence of a huge geriatric patient pool.
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Top-notch players operating in enteral feeding devices market are working on the cost differentiation factor to attract more customers and expand the regional presence. New product development, strategic alliances, and technological innovations are the prominent growth strategies adopted by major companies to sustain the market. Notable industry participants include Danone, Nestlé, Abbott Nutrition, Fresenius, Conmed Corporation, Moog Inc., Boston Scientific Corporation, Kimberly-Clark Corporation, Amsino International Inc., Covidien Plc, and Cook Medical.
Report Content
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.1.1. Initial data exploration
1.1.2. Statistical modeling and forecast
1.1.3. Industry insights and validation
1.2. Data Sources
Chapter 2. Executive Summary
2.1. Enteral feeding Devices industry 3600 synopsis, 2012 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Product trends
Chapter 3. Enteral feeding Devices Industry Insights
3.1. Industry segmentation
3.2. Industry Size and forecast, 2012 - 2024
3.3. Industry Impact forces
3.3.1. Growth drivers
3.3.1.1. Presence of huge geriatric population base
3.3.1.2. Growing prevalence of chronic diseases
3.3.1.3. Introduction of technological advances
3.3.1.4. Growing demand for neonatal and preterm enteral feeding
3.3.2. Industry pitfalls & challenges
3.3.2.1. Complications associated with small bore connectors
3.3.2.2. Risks associated with enteral feeding
3.4. Growth potential analysis
3.5. Porter’s analysis
3.6. PESTEL analysis
3.7 Company market share analysis, 2015
Chapter 4. Enteral Feeding Devices Product Insights
4.1 Enteral feeding devices market share, by product, 2015 & 2024
4.2 Enteral feeding pump
4.2.1 Market estimates by region, 2012 – 2024
4.3 Nasogastric tube
4.3.1 Market estimates by region, 2012 – 2024
4.4 Percutaneous Endoscopic Gastronomy Device
4.4.1 Market estimates by region, 2012 – 2024
4.5 Gastrotomy tube
4.5.1 Market estimates by region, 2012 – 2024
4.6 Low profile gastrotomy device
4.6.1 Market estimates by region, 2012 – 2024
4.7 Giving Set
4.7.1 Market estimates by region, 2012 – 2024
Chapter 5. Enteral Feeding Devices Regional Insights
5.1. Enteral feeding devices market share by region, 2015 & 2024
5.2. North America
5.2.1. Market estimates and forecasts by product, 2012 - 2024
5.2.2. U.S.
5.2.2.1. Market estimates and forecasts by product, 2012 – 2024
5.2.3. Canada
5.2.3.1. Market estimates and forecasts by product, 2012 - 2024
5.3. Europe
5.3.1. Market estimates and forecasts by product, 2012 - 2024
5.3.2. Germany
5.3.2.1. Market estimates and forecasts by product, 2012 – 2024
5.3.3. UK
5.3.3.1. Market estimates and forecasts by product, 2012 – 2024
5.3.4. France
5.3.4.1. Market estimates and forecasts by product, 2012 – 2024
5.3.5. Spain
5.3.5.1. Market estimates and forecasts by product, 2012 – 2024
5.3.6. Italy
5.3.6.1. Market estimates and forecasts by product, 2012 – 2024
5.4. Asia Pacific
5.4.1. Market estimates and forecasts by product, 2012 - 2024
5.4.2. China
5.4.2.1. Market estimates and forecasts by product, 2012 - 2024
5.4.3. Japan
5.4.3.1. Market estimates and forecasts by product, 2012 – 2024
5.4.4. India
5.4.4.1. Market estimates and forecasts by product, 2012 – 2024
5.5. Latin America
5.5.1. Market estimates and forecasts by product, 2012 - 2024
5.5.2. Brazil
5.5.2.1. Market estimates and forecasts by product, 2012 – 2024
5.5.3 Mexico
5.5.3.1. Market estimates and forecasts by product, 2012 – 2024
5.6. Middle East Asia
5.6.1. Market estimates and forecasts by product, 2012 - 2024
5.6.2. South Africa
5.6.2.1. Market estimates and forecasts by product, 2012 – 2024
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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…
