Enteral Feeding Devices Market to grow by USD 1.36 billion from 2022-2027 | North America to account for 46% of market growth - Technavio
NEW YORK, Sept. 17, 2023 /PRNewswire/ -- The enteral feeding devices market size is expected to grow by USD 1.36 billion from 2022 to 2027. In addition, the momentum of the market will progress at a CAGR of 6.42% during the forecast period, according to Technavio Research. The market has been segmented by End-user (Hospitals and home care), Product (Accessories and Enteral pumps), and Geography (North America, Europe, Asia, and Rest of World (ROW)). North America will contribute 46% to the growth of the global market during the forecast period. Various factors, such as the rising prevalence of chronic conditions such as cancer and neurological disorders, the increasing number of product launches with technological advances, the increasing presence of regional and global market players, and initiatives by government and non-profit organizations to create awareness about enteral feeding drive the growth of the enteral feeding devices market in the region. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Read Free PDF Sample Report
Company Profile:
ALCOR Scientific, Amsino International Inc., Applied Medical Technology Inc., Avanos Medical Inc., B.Braun SE, Becton Dickinson and Co., Boston Scientific Corp., Canafusion Technologies Inc., Cardinal Health Inc., Conmed Corp., Cook Group Inc., Danone SA, Fresenius SE and Co. KGaA, HMC Premedical Spa, Medela AG, Medline Industries LP, Moog Inc., Shenzhen Bestman Instrument Co. Ltd., Trendlines Group Ltd., Vygon SAS
ALCOR Scientific: The company offers enteral feeding devices such as SENTINELplus Enteral Feeding Pump with dual display and simple alarms.
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By end user, the growth of the hospitals segment is significant during the forecast period. Factors like the rise in the global aging population have resulted in higher rates of age-related conditions and illnesses that need hospitalization. Furthermore, owing to the compromised nutritional intake of elderly patients, enteral feeding devices have become essential to maintain their health during hospital stays. Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View Free PDF Sample Report
"Besides analyzing the current market scenario, our report examines historic data from 2017 to 2021"- Technavio
Enteral Feeding Devices Market: Driver & Trend:
Driver
- Increasing prevalence of chronic conditions and preterm birth
- Rising number of new product launches
- Growing demand for home enteral nutrition
The increasing prevalence of chronic conditions and preterm birth drives the enteral feeding devices market. There are rising chronic conditions such as cancers neurological conditions, and preterm births across the globe. This drives the growth of the market. Also, there is an increasing prevalence of oral cancer which develops on the tongue, oral mucosa, mouth, and oropharynx. Habits like smoking and frequent consumption of alcohol are some of the major factors attributed to the growth of oral cancer. Hence, such factors drive the growth of the enteral feeding devices market during the forecast period.
Strategic alliances among market vendors are a key trend in the enteral feeding devices market. Identify key trends, drivers, and challenges in the market. Download to gain access to this information.
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The Global Livestock Feeding Systems Market size is estimated to increase by USD 2,583.84 million between 2022 and 2027 accelerating at a CAGR of 7.12%. This report extensively covers market segmentation by Application (poultry, ruminants, swine, and others), Technology (manual, automated, robotic, and others), and Geography (Europe, North America, APAC, South America, and Middle East and Africa). The global market for automated livestock feeding systems is being driven by the increasing population of cattle on farms.
What are the key data covered in this enteral feeding devices market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the enteral feeding devices market between 2022 and 2027.
- Precise estimation of the enteral feeding devices market size and its contribution to the market in focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the mental enteral feeding devices market in North America, Europe, Asia, and ROW
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of enteral feeding devices market vendors.
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Product
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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