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Enteral Feeding Devices Market Scope and overview, Set for Rapid Growth and Trend by 2022-2031

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 either the nose, mouth, or through percutaneous route. Enteral nutrition can be administered via enteral pumps and enteral feeding tubes. Generally, enteral feeding devices are used in operation theatre (OT), intensive care unit (ICU), and critical care unit (CCU), and even in home severely ill patients. 

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The global enteral feeding devices market was valued at $2,503 million in 2017, and is projected to reach $3,848 million by 2025 at a CAGR of 5.4% from 2018 to 2025.

The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.

This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth. 

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Increase in prevalence of chronic disorders such as cancer and neurological disorders is the major factor that contributes toward the growth of the enteral feeding devices market. Moreover, other factors that fuel the market growth include rise in adoption of enteral nutrition, increase in geriatric population, and surge in incidences of malnutrition cases. However, stringent governmental regulations and inadvertent dislodgment of tubes leading to accidental disabilities and deaths impede the market growth. Conversely, development of new products with technological advancement and high market potential in untapped emerging economies are expected to provide lucrative growth opportunities for the market growth. 

The global enteral feeding devices market is segmented into product, age group, application, end user, and region. Based on product, the market is divided into enteral feeding pump, enteral feeding tube, enteral syringe, giving set, and consumable. The enteral feeding tubes segment is further classified into enterostomy feeding tube, nasoenteric feeding tube, and oroenteric feeding tube. The enterostomy feeding tube segment is further categorized into gastrostomy feeding tube, percutaneous endoscopic jejunostomy (PEJ) tube, and percutaneous radiological gastrostomy and jejunostomy tube. The gastrostomy feeding tube segment is sub-segmented into percutaneous endoscopic gastronomy feeding tube (PEG), balloon gastrostomy tube, and low-profile balloon gastrostomy (buttons).

Based on the age group, the market is bifurcated into adult and pediatrics. Based on application, the market is categorized into gastrointestinal disease, cancer, malnutrition, neurological disorder, and other applications. The cancer segment is further segmented into head & neck cancer, gastrointestinal cancer, liver cancer, pancreatic cancer, esophageal cancer, and others. By end user, the market is divided into hospital, ambulatory surgical center (ASCs), and home care. Based on region, it is analyzed for across North America, Europe, Asia-Pacific, and LAMEA.

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KEY BENEFITS FOR STAKEHOLDERS

The study provides an in-depth analysis of the global enteral feeding devices market with current trends and future estimations from 2017 to 2025 to elucidate the imminent investment pockets.
Comprehensive analysis of factors that drive and restrict the market growth is provided.
Identification of factors instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on a global & regional scale are provided.
Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the market.

Key market segments

By Product

Enteral Feeding Pump
Enteral Feeding Tube
Enterostomy Feeding Tube
Gastrostomy Feeding Tube
Percutaneous Endoscopic Gastronomy Feeding Tube
Balloon Gastrostomy Tube
Low-Profile Balloon Gastrostomy (Button)
Percutaneous Endoscopic Jejunostomy (PEJ) Tube
Percutaneous Radiological Gastrostomy And Jejunostomy Tube
Nasoenteric Feeding Tube
Nasogastric Feeding Tube
Nasojejunal Feeding Tube
Nasoduodenal Feeding Tube
Oroenteric Feeding Tube
Enteral Syringe
Giving Set
Consumable

By Age Group

Adult
Pediatrics

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By Application

Gastrointestinal Disease
Cancer
Head & Neck Cancer
Gastrointestinal Cancer
Liver Cancer
Pancreatic Cancer
Esophageal Cancer
Others
Malnutrition
Neurological Disorder
Others

By End User

Hospital
Ambulatory Surgical Center (ASCs)
Home Care

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA

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What are the aspects of this report that relate to regional analysis?

The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.

Reports on the market include the growth rates of each region, which includes their countries, over the coming years.

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This report provides a comprehensive analysis of leading competitors in the market.

The report includes information about the key vendors in the market.

The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.

The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.

A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.

Following are the questions answered by the Market report:

What are the goals of the report?

This market report shows the projected market size for the pain management devices market at the end of the forecast period. The report also examines the historical and current market sizes.

On the basis of various indicators, the charts present the year-over-year growth (%) and compound annual growth rate (CAGR) for the given forecast period.

The report includes an overview of the market, its geographical scope, its segmentation, and the financial performance of key players.

The report examines the current state of the industry and the potential growth opportunities in North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.

The research report includes various factors contributing to the market’s growth.

The report analyzes the growth rate, market size, and market valuation for the forecast period.

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The report analyzes companies across the globe in detail.

The report provides an overview of major vendors in the market, including key players.

Reports include information about each manufacturer, such as profiles, revenue, product pricing, and other pertinent information about the manufactured products.

This report includes a comparison of market competitors and a discussion of the standpoints of the major players.

Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.

What are the key findings of the report?

This report provides comprehensive information on factors expected to influence the market growth and market share in the future.

The report offers the current state of the market and future prospects for various geographical regions.

This report provides both qualitative and quantitative information about the competitive landscape of the market.

Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.

It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.

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Updated : 2022-05-27 05:05 GMT+08:00