Global Enteral Feeding Device Market Overview:
Enteral feeding is known as a method of delivering nutrition or medications directly inside the stomach or intestine, and is usually recommended for patients suffering from chronic illnesses such as head & neck cancer, dementia and stroke. Increasing incidence of cancer and neurological diseases, growing awareness of enteral feeding and rising adoption of home and hospital enteral feeding devices would considerably drive the market growth. It is basically the medical device used to provide nutrition to people who cannot obtain nutrition by mouth, are unable to swallow safely, or need nutritional supplementation. Some of the players profiled in the study are Abbott Laboratories (United States), Boston Scientific (United States), Nestle SA (Switzerland), Becton ,Dickinson and Company (United States), Danone (France), B.Braun Melsungen AG (Germany), Avanos Medical (United States), Cardinal Health,Inc (United States), Conmed Corporation (United States) and Cook Medical (United States).
On the basis of geography, the market of Enteral Feeding Device has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Age Group, the sub-segment i.e. Adult will boost the Enteral Feeding Device market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. COVID Impact will boost the Enteral Feeding Device market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Increasing prevalence of chronic diseases and shift from parenteral to enteral nutrition
- Growing demand for enteral feeding in the home care sector
- Increasing prevalence of chronic diseases
- Complications associated with enteral feeding devices
- High growth opportunities in emerging countries
- Insufficient reimbursement for enteral nutrition
- Dearth of skilled professionals
Key Market Developments:
In 2019, Fresenius Kabi completed the expansion of its plant in Aquiraz, Brazil, and increased the facility’s capacity for parental nutrition production by about 30%. The company has invested USD 22.4 million for this expansion.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Enteral Feeding Device Manufacturers, Enteral Feeding Device Providers, Research and Development Institutes, Potential Investors, Hospitals, Regulatory Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Enteral Feeding Device market on the basis of product [Enteral Feeding Pumps, Enteral Feeding Tubes, Administration Sets, Enteral Syringes and Other Consumables (Extension sets, adaptors, tapes)] , application [Oncology, Gastroenterology, Neurology, Diabetes, Hypermetabolism and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Enteral Feeding Device market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Enteral Feeding Device industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Fresenius Kabi AG (Germany), Moog,Inc (United States), Vygon Group (United Kingdom) and Applied Medical Technology (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Enteral Feeding Device market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.