Enteral Feeding Devices Market size worth $ 4.9 Billion, Globally, by 2028 at 5.76% CAGR: Verified Market Research®

JERSEY CITY, N.J., March 3, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Enteral Feeding Devices Market" By Product Type (Enteral Feeding Pumps, Enteral Feeding Tubes), By Application (Oncology, Gastroenterology, Neurology), and By Geography. According to Verified Market Research, the Global Enteral Feeding Devices Market size was valued at USD 3.1 Billion in 2020 and is projected to reach USD 4.9 Billion by 2028, growing at a CAGR of 5.76% from 2021 to 2028.

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202 - Pages

126 – Tables

37 – Figures

Global Enteral Feeding Devices Market Overview

The rising geriatric population suffering from neurological conditions such as multiple sclerosis, stroke, and dementia that impact swallowing, is the biggest target population for this market. Thus, the provision of nutritional support in the form of oral nutrition supplements and enteral nutrition feeding tube support mitigates the challenges of nutrition deficit among these diagnosed populations. Additionally, the rise in the use of enteral nutrition to support patients with head and neck cancer who are at high risk of malnutrition is among key factors anticipated to drive the market for enteral feeding devices. Patients diagnosed with these types of cancer have usually decreased oral intake owing to mouth or throat pain or difficulty in swallowing which further leads to poor nutritional status among these patients. Therefore, enteral feeding is recommended to maintain the essential nutrients in the body or to provide medication and fluids to these patients.

The high unique-ability of pre-mature births, especially in developing economies are among the key factors driving the Enteral Feeding Devices Market. One in every ten births is preterm, affecting families around the globe. Rise Incidence of pre-term births in emerging economies with continuously improving healthcare infrastructure, healthcare expenditure, and patient awareness levels is expected to serve this market as a high-impact rendering driver. Also, patient safety risk, rising cases of feeding and medication errors; and the complications associated with enteral feeding tubes such as misconnections, tube dislodgement, and infections are restricting the growth of this market to a certain extent.

Key Developments

·  In May 2018, as a result of this acquisition of the Halyard surgical and infection prevention business, a recognized leader in its segment, Owens & Minor takes a significant step in transforming its business into a global healthcare solutions provider.

·  In July 2017, Cardinal Health acquired the patient recovery business of Medtronic in July 2017. The patient recovery business comprises patient care, deep vein thrombosis, and the nutritional insufficiency business of Medtronic. The acquired business of Medtronic includes about 23 product categories across various markets

Key Players

The major players in the market are B. Braun Melsungen Ag, Boston Scientific, CONMED Corporation, Becton, Dickinson and Company, Fresenius Kabi, Nestlé S.A., Danone, Cardinal Health, Inc., Moog, Inc., and Cook Medical, Halyard Surgical.

Verified Market Research has segmented the Global Enteral Feeding Devices Market On the basis of Product Type, Application, and Geography.

• Enteral Feeding Devices Market, By Product Type
• Enteral Feeding Pumps
• Enteral Feeding Tubes
• Enteral Feeding Devices Market, By Application
• Oncology
• Gastroenterology
• Neurology
• Enteral Feeding Devices Market By Geography
• North America
• U.S
• Canada
• Mexico
• Europe
• Germany
• France
• U.K
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• ROW
• Middle East & Africa
• Latin America

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