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Enteral Feeding Devices Market- Opportunity & Forecast, 2027

Enteral Feeding Devices Market Size ByType (Feeding Pump, Feeding Tube, Giving Set, Enteral Syringes), Age Group (Adult, Pediatric), Application (Oncology, Diabetes, Hyper-metabolism), End User (Hospital, Home Care)By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), Forecast & Opportunities, 2015-2027

Product Overview:

Enteral Feeding Devices primarily consists of product such as Integrated Feeding Pump, Feeding Tube, Giving Set, and Enteral Syringes which are used in various application of enteral feeding for adult and pediatric patients suffering from diseases such as oncology, diabetes, hyper-metabolism and other medical conditions. Enteral feeding is performed on patients who are unable to consume food through mouth. These feeding are administered via various feeding devices ranging from pumps to syringes. Food, medicines and nutrient supplements are administered directly in GI track which helps patients to continue their metabolism during the treatment process. With more and more patients being unable to consume food via mouth, the demand for feeding products is set to only increase over the time.

Marker Overview:

  • Global Enteral Feeding Devices Market is projected to expand with a CAGR of 6.9% during the forecast timeline, 2019 to 2027. 
  • The Enteral Feeding Devices market valued over USD 3billion in 2019 and is poisedto expand with a CAGR of over 6.9% during the forecast period and will pose to attract increasing investments.
  • Enteral Feeding Devices market revenue is largely generated from sales of feeding pumps used worldwide for enteral feeding practices. In 2018, a large majority of market value was generated from feeding pumps, accounting more than 30% of market share.
  • By application, enteral feeding devices used in oncology patients accounted for more than 25% of market share in year 2018, owing to large addressable cancer patient population and high level requirement of enteral feedings.
  • North America Enteral Feeding Devices market accounted for largest market share in 2018 owing U.S Enteral Feeding Devices market which dominates the regional market with more than 80% market share. Growing home healthcare services which promote enteral feeding devices demand, rising number of chronic diseases, high healthcare spending and favorable reimbursement policies are some of the major reasons behind market growth in this part of the world.
  • Asia Pacific Enteral Feeding Devices market is poised to expand with exponential growth rate owing to developing healthcare sector, public and private healthcare spending, rising affordability of patient population in countries such as India and China.
  • IndiaEnteral Feeding Devices market accounted for nearly 20% of total Asia Pacific Enteral Feeding Devices market value. Rising healthcare spending, improving infrastructure and development of modern state of art hospitals along with homecare services will augment market growth.

Research Scope:

The Enteral Feeding Devices Market is segmented into;Type (Feeding Pump, Feeding Tube, Giving Set, Enteral Syringes), Age Group (Adult, Pediatric), Application (Oncology, Diabetes, Hyper-metabolism), End User (Hospital, Home Care). Finally, the market is segmented into region wise which includes North America, Europe, and Asia Pacific, Middle East & Africa and Latin America and their respective countries.

Years considered for this report:

  • Historical Years: 2015 – 2018
  • Base Year: 2019
  • Forecast Period: 2020 – 2027

Research Methodology

The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Extensive secondary research was conducted using paid data sources including Bloomberg, Factiva, Capital IQ, OneSource, and Hoovers. Additionally, several publicly-available data sources were used including journals, statistics articles, and industry associations. These data sources were used to gather relevant information to develop an understanding of the market. The research was conducted covering the desk research and primary research. Data sources used for primary research included online forums and blogs, CATI/CAWI, CAPI interviews, and video conferences. Additionally, interviews were conducted through connecting with various industry respondents including C-level executives, directors, divisional heads, regional heads, expert consultants, and independent consultants.

Primary research involves telephonic interviews, e-mail interactions and face-to-face interviews for detailed and unbiased reviews on the air purifier market across geographies. Primary interviews are usually conducted on an on-going basis with industry experts and participants in order to get the latest market insights and validate the existing data and analysis. Primary interviews offer information on important factors such as market trends, market size, competitive landscape, growth trends, and outlook. These factors help to validate and strengthen secondary research findings and also help to develop the analysis team’s expertise and market understanding.

Competitive Market Players:

The Enteral Feeding Devices Market is dominated by the presence of a few key players operating globally, which includesConMed Corporation; Moog Inc, Abbott Nutrition;Boston Scientific Corporation, Kimberly-Clark Corporation, Danone, Cook Medical; and  Amsino International Inc. There is presence of other small and medium industry participants striving to gain market share.

Key Questions Answered in this Report:

  • What is the global Enteral Feeding Devices market size in terms of revenue from 2014-2027, and what is the expected growth rate during the forecast period 2019-2027? 
  • What is the revenue generated by different types of Enteral Feeding Devices at a global and regional level?
  • What is the revenue generated by Enteral Feeding Devices based on different segments at a global and regional level?
  • What is the revenue generated by Enteral Feeding Devices based on different end users at a global and regional level?
  • What is the market size and what are the various market opportunities of Enteral Feeding Devices across different regions?
  • What are the major driving forces that are expected to increase the demand for the Enteral Feeding Devices market during the forecast period?
  • What are the major challenges inhibiting the growth of the global Enteral Feeding Devices market?
  • Which are the major stakeholders in terms of their contribution and impact in the Enteral Feeding Devices ecosystem?
  • What type of new strategies is adopted by the existing market players to expand their market position in the industry?
  • What is the regulatory landscape in different regions for Enteral Feeding Devices?
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