Enteral Feeding Devices Market to Expand Substantially Due to Growing Use of Enteral Feeding Devices for Delivering Nutrition to Critically Ill COVID-19 Patients, Says TMR

The enteral feeding devices market is anticipated to gain steady growth mainly on the back of rising cases of cancer and cardiovascular diseases

High healthcare spending and presence of advanced healthcare infrastructure in various countries to invite considerable growth opportunities for the enteral feeding devices market

News provided by

Transparency Market Research

Oct 12, 2021, 09:30 ET

ALBANY, N.Y., Oct. 12, 2021 /PRNewswire/ -- The growing awareness about enteral feeding devices among a substantial share of the global populace coupled with increase in diseases such as diabetes is expected to fuel the growth of the enteral feeding devices market during the forecast period of 2021-2031. The increasing use of these devices among various end-use industries such as home care settings, ambulatory care settings, hospitals, and others is expected to offer growth prospects.

Increase in the geriatric population across many countries and rise in technological advancements in the enteral feeding devices market ensure market growth. Furthermore, sedentary lifestyle, poor eating patterns, and extensive tobacco consumption are the factors that lead to an increase in various health issues such as obesity, hypertension, diabetes, and others, eventually increasing the growth rate of the enteral feeding devices market.

Request Brochure of Enteral Feeding Devices Market Research Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=323

Transparency Market Research (TMR) has conducted an extensive research on various factors related to the growth of the enteral feeding devices market. The analysts at TMR project the global market for enteral feeding devices to expand at a CAGR of 6.6% during the forecast period of 2021-2031. The global enteral feeding devices market was valued at US$ 2.8 Bn in 2020 and is prognosticated to reach US$ 5.5 Bn by 2031.

The enteral feeding devices market is projected to expand its growth trajectory during the forecast period mainly due to their use during the COVID-19 pandemic. The pandemic has led to an increase in the demand for enteral feeding devices. A major number of COVID-19 patients, especially in their old age suffered from sepsis or circulatory shock. The initiating early enteral nutrition is an essential aspect in these patients. Thus, for these purposes, the demand for enteral feeding devices has increased exponentially. Manufacturers in the enteral feeding devices market are increasing their focus on feeding devices that use pH and CO2 indicators with a valving system to help healthcare professionals place naso/oro gastric tubes quickly and safely. Furthermore, players are also addressing issues related to the misplacement of feeding tubes.

Request for Analysis of COVID-19 Impact on Enteral Feeding Devices Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=323

Key Findings of Report

Enteral Feeding Devices in High Demand from Hospitals

Among all end users, the hospital segment dominated the global market in 2020. A similar trend is expected to continue from 2021 to 2031. Many patients in hospitals need enteral nutrition. Based on this factor, the demand for enteral feeding devices is estimated to increase in hospitals.

Oncology to Lead Global Market

In this study, the enteral feeding devices market, on the basis of application, has been segmented into gastrointestinal diseases, diabetes, oncology, neurological disorders, and others. The oncology segment is extrapolated to observe a dominating stance across the enteral feeding devices market during the forecast period. The growing cases of cancer around the world are a vital aspect that will improve the enteral feeding devices market growth trajectory.

Buy Enteral Feeding Devices Market Research Report at https://www.transparencymarketresearch.com/checkout.php?rep_id=323&ltype=S

Regional Landscape of Enteral Feeding Devices Market

North America is projected to account for a leading share of the global enteral feeding devices market during the forecast period. High prevalence of chronic diseases and increase in geriatric population are the major factors driving the market in the region. The Population Reference Bureau, in one of its findings, anticipated the U.S. geriatric population to double from 52 million in 2018 to 96 million by 2060. This factor will prove to be profitable for the enteral feeding devices market players.

The enteral feeding devices market in Asia Pacific is projected to expand at a CAGR of 8.2% during the forecast period, mainly due to increasing healthcare expenditure across the countries.

Some key players in the enteral feeding devices market are Hollister Incorporated, CONMED Corporation, and Koninklijke Philips N.V.

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough, Request for Custom Research: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=323

Global Enteral Feeding Devices Market – Segmentation

By Product Type

Enteral Feeding Tubes

Nasogastric Tubes
Nasojejunal Tube
]Jejunostomy Tubes

Percutaneous Endoscopic Jejunostomy (PEJ) Tube
Radiologically Inserted Jejunostomy (RIJ) Tube

Radiologically Inserted Gastrostomy Tube (RIG)
Percutaneous Endoscopic Gastrostomy Tubes (PEG Tube)

Enteral Feeding Pumps
Administration Sets
Enteral Syringes
Other Consumables

By Age Group

Adult
Pediatric

By Application

Oncology
Gastrointestinal Diseases
Neurological Disorders
Diabetes
Others

By End-user

Hospitals
Home Care Settings
Ambulatory Care Settings
Others

By Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:

Respiratory Virus Infection Drugs Market: Companies in the respiratory virus infection drugs market are increasing their focus in nanomaterials designed for antiviral drug delivery of adenovirus infection. This has become important, since respiratory virus infections have become a global health problem causing a significant amount of mortality and morbidity in individuals.

Epileptic Seizures Treatment Market: As epilepsy continues to emerge as a critical cause of mortality and disability around the world, considerable attention has been given to the development and discovery of new epileptic seizures treatment– a factor that is expected to drive the epileptic seizures treatment market during the forecast period.

Oncology Nutrition Market: The significant rise in nutritional wasting and nutritional risk among cancer patients is a major factor that is anticipated to boost the growth of the oncology nutrition market during the forecast period. Participants in the current market landscape are currently investigating the potential benefits of adopting a multidisciplinary approach wherein targeted nutrition is likely to be imperative to enhance the quality of oncology care.

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com
Browse PR - https://www.transparencymarketresearch.com/pressrelease/enteral-feeding-devices-market.htm