Enteral Feeding Devices Market predicted to reach USD 4.77 billion by 2030 with a CAGR of 5.1% from 2020-2030

The Global Enteral Feeding Devices Market size is estimated to be USD 2.76 billion in 2019 and is predicted to reach USD 4.77 billion by 2030 with a CAGR of 5.1% from 2020-2030.

Enteral Feeding Devices are used for the delivery of nutrition and medicine directly to the stomach or intestine. These devices mostly used for the geriatric and severely ill patient suffering from chronic disorders such as cancer, neurological disorders and others. Enteral feeding is one of the preferred route of delivery which further reduces the infections such as liver, gall bladder disorders and others.

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Top Companies: Medtronic Plc., Fresenius SE & Co. KGaA, Boston Scientific Corporation, Halyard Health, Inc., Moog Inc., Danone, C. R. Bard, Inc., Braun Melsungen AG, Abbott Laboratories, and Nestlé S.A. and others.

Market Dynamics and Trends

The developing and modernizing healthcare facilities coupled with development in infrastructure with technological advancement. Moreover, increased prevalence of chronic disorders and increase in geriatric population is further expected to promote the growth of enteral feeding devices market over the forecast period.

The other factors include reduction in infection caused by parental nutrition and reduced side effects coupled with increased population of malnutrition children are also expected to further promote the growth of enteral feeding devices market. However, stringent regulatory approval process and unintentional dislodgement of the tubes are expected to hamper the growth of enteral feeding devices market. Furthermore, increase in research and development activities and innovation coupled with untapped opportunities in the developing economies are further expected to create ample opportunities in the enteral feeding devices market.

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Market Segmentations and Scope of the Study:

The global enteral feeding devices market share is analyzed on the basis of product, age group, application, end user and geography. On the basis of product, the market is segmented into Enteral Feeding Pump, Enteral Feeding Tube, Enteral Syringe, Giving Set, and Consumable. The Enteral Feeding Tube is sub segmented into Enterostomy Feeding Tube, Nasoenteric Feeding Tube and Oroenteric Feeding Tube. Based on application, the market is fragmented into Gastrointestinal Disease, Cancer, Malnutrition, and Neurological Disorder. The cancer segment is further divided into Head & Neck Cancer, Gastrointestinal Cancer, Liver Cancer, Pancreatic Cancer, Esophageal Cancer, and Others. Based on Age group, the market is fragmented into adult and pediatrics. On the basis of end user, the market is divided into Hospital, Ambulatory Surgical Center (ASCs), and Home Care. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America is expected to hold the major market share over the forecast period owing to the increased adoption of enteral feeding devices coupled with technological advancement. Furthermore, increased prevalence of chronic disorders coupled with geriatric population is also expected to contribute the growth of enteral feeding devices market.

Asia Pacific is expected to show rapid growth with gradual increase in market share owing to the increased prevalence of malnutrition. Furthermore, increasing accessibility to healthcare facilities in the region, and increase prevalence of infection caused parental nutrition in the patient are also expected to increase the demand of enteral feeding devices market over the forecast period.

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