Enteral Feeding Devices Market - Global Forecast To 2027

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Enteral Feeding Devices Market - Global Forecast To 2027

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Enteral Feeding Devices Market - Global Forecast To 2027

 Category : Medical Devices

 Published: Sep-2021
 Author: SPER Analyst
Enteral Feeding Pumps Market is projected to be worth ~$ 4.74 Billion by 2027

The global enteral feeding pumps market is expected to grow at a CAGR of ~6.2% from 2021 to reach USD  4.74 by 2027. The growth is primarily attributed to technological advancements, user friendly application, safety in portable feeding pumps, rising healthcare costs, growing aging population, prevalence of chronic diseases, rising awareness for enteral nutrition, increasing number of preterm births and rapidly improving healthcare facilities. Rising prevalence of cancer in India, China offers significant growth opportunities. However, insufficient reimbursement can hinder the growth of this market.

Browse report overview on "Global Enteral Feeding Pumps Devices Market" at: https://www.sperresearch.com/report-store/Enteral-Feeding-Devices.aspx

The global enteral feeding devices market study provides market data for-by type (enteral feeding pumps, enteral feeding tubes, administrative sets, enteral syringes and other consumables), by age group (adults and pediatrics), by application (oncology, gastroenterology, neurology, diabetes, hypermetabolism and others) and by end user (COVID impact, hospital, homecare setting and ambulatory care setting). The study also evaluates industry competitors and analyses the market at a regional and country level.

Enteral feeding tubes segment dominated the enteral feeding pumps market in 2020 and will show similar trend in the forecast period. The largest share of this market is mainly due to rising adoption of enteral feeding, growing demand and introduction of new enteral connectors. The new enteral connectors provide improved patient safety and reduce the incidence of medical device tubing misconnections.

By age group, pediatric segment accounted for the fastest growing market segment during the forecast period. The growth of this segment can be attributed to rise in number of births in emerging countries and preterm births across the globe.

By application, oncology segment accounted for the largest share of enteral feeding pumps market in 2020. The large share of this segment can be attributed to prevalence of cancers and growing adoption of enteral feeding devices to provide nutrition to cancer patients. 

On the basis of end users, home care settings market segment held largest share of enteral feeding pumps market in 2020. This is primarily due to reimbursement policies for home enteral nutrition, increasing burden on hospitals, growing hospital costs and availability of user-friendly feeding devices. 

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This research report analyses major geographies and provides a comprehensive analysis of North America (US, Canada), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, India, Japan, and RoAPAC), Rest of the world (Latin America, and Middle East & Africa). North America accounted for largest share of Enteral feeding pumps market. The largest share of this regional segment can be attributed to high adoption of advanced technology and patient-friendly healthcare infrastructure. APAC is expected to grow at highest CAGR during the forecast period. High growth of this geographic segment is mainly attributed to rising geriatric population, increasing awareness, rising number of preterm births, rapidly developing healthcare and shifting focus of global leaders to Asian countries. 

The major players operating in the global enteral feeding pumps market are 
  • Fresenius Kabi AG (Germany)
  • Nestle SA (Switzerland)
  • Danone (France)
  • B.Braun Melsungen AG (Germany)
  • Avanos Medical (US)
  • Cardinal Health Inc (US)
  • Moog Inc (US)
  • Conmed Corporation (US)
  • Cook Medical (US)
  • Becton Dickinson Company (US)
  • Abbott Laboratories (US)
  • Boston Scientific (US)
  • Vygon Group (UK)
  • Applied Medical Technology (US)
  • Amsino International Inc. (US)
  • Fidmi Medical (Israel)
  • Vesco Medical LLC (US)
  • Dynarex Corporation (US)
  • M edela Inc (Switzerland)
  • Alcor Scientific (US)

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