The enteral feeding devices market is slated to register a CAGR of 6.6% during the forecast period.
The enteral feeding devices market is slated to register a CAGR of 6.6% during the forecast period.
Stakeholders Help Patients to Organize Deliveries During COVID-19 Pandemic
Clinical teams at hospitals, HEN (Housing and Essential Needs) providers, and the national NHS (National Health Service) bodies are working closely together to ensure service continuity with minimal disruption during the ongoing coronavirus pandemic. Likewise, companies in the enteral feeding devices market are increasing efforts to ensure robust supply of tubes, pumps, and administration sets to support the needs of patients.
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HEN providers and healthcare professionals are informing caretakers and patients about ways to receive enteral feed supplies and consumables during the COVID-19 pandemic. Suppliers in the enteral feeding devices market are helping caregivers and patients to organize their deliveries and avoid delay in turnaround time. Patients are ensuring complete accurate monthly stock checks.
Challenges such as Dislodgement of Feeding Tubes Trigger Demand for Equipment Innovation
There are many disadvantages that are common with nasogastric tube feeding in the older population. These disadvantages are associated with placement, confirmation of tube placement, and dislodgement. Hence, manufacturers in the enteral feeding devices market are increasing R&D to develop equipment that acts in the best interest of the older population when they lack capacity.
It has been identified that enteral nutrition can significantly reduce the risk of developing pressure ulcers. As such, enteral tube feeding needs to be supported with oral nutrition for reducing the risk of developing pressure ulcers in older population.
Use of Electromagnetic Technology to Prevent Blind Insertions in Patients
The enteral feeding devices market is slated to register a CAGR of 6.6% during the forecast period. In order to address the limitations of blind insertions and radiography-based adjuvant methods, Israel-based ENvizion Medical is being publicized for developing an enteral feeding tube that is being recognized by the North American innovation award. Manufacturers in the enteral feeding devices market are taking cues from such innovations to increase the availability of FDA (Food and Drug Administration) approved equipment.
Companies in the enteral feeding devices market are increasing the research in systems consisting of an electro-mechanical device with embedded software and enteral feeding tubes. They are increasing efforts to leverage the power of the electromagnetic technology where the devices create a personalized body map of patients, thus allowing the medical staff to precisely place the tube in the stomach or small intestine through the oral or nasoenteric route.
Next-gen Enteral Feeding Tubes Boost Trade in EU Countries
The enteral feeding devices market is expected to reach US$ 5.5 Bn by 2031. Enteral Access Technologies (E.A.T.) – a medical device company based in Liverpool, has received CE mark for its DoubleCHEK enteral feeding device, which allows the company to market the patient-centric product in all EU countries.
Despite many complications for med-tech companies trying to export to Europe since Brexit, stakeholders are entering into distribution agreements that are helping to overcome trade barriers and witness increased trade in the sector.
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Analysts’ Viewpoint
The COVID-19 pandemic has sparked an urgent need for extra enteral feeding supplies and equipment, which has compelled device manufacturers to adapt to the volatile demand sentiments. Since misplacement of feeding tubes can result in serious patient harm, manufacturers in the enteral feeding devices market are developing feeding tubes that help to overcome these issues. Manufacturers are increasing research in enteral feeding devices that use CO2 and pH indicators, coupled with a proprietary valving system to help clinicians place naso/oro gastric tubes safely and quickly in any environment. The electromagnetic tracking technology in enteral feeding tubes are enabling real-time, multi-faceted visualization, and directional guidance to healthcare support staff while inserting the feeding tube.
Enteral Feeding Devices Market: Overview
This report analyzes the current scenario and future prospects of the global enteral feeding devices market. Rise in prevalence of chronic diseases and increase in geriatric population are the key factors projected to drive the global enteral feeding devices market during the forecast period.
The report includes an elaborate executive summary, which provides a snapshot of various segments of the global enteral feeding devices market. It also provides information and data analysis of the enteral feeding devices market about segments based on product type, age group, application, end-user, and region.
The overview section of the report provides a detailed qualitative analysis of drivers, restraints, and opportunities that impact the global enteral feeding devices market
The report includes company profiles, which provide information about their business, product portfolios, and competitive landscape in the global enteral feeding devices market
The report on the enteral feeding devices market offers market attractiveness analysis of regions and segments
The last section of the report comprises quantitative and qualitative analyses on market share/position of key players operating in the global enteral feeding devices market. It analyzes key competitive strategies adopted by major industry players, thereby presenting a thorough understanding of the competitive scenario in the global enteral feeding devices market.
Enteral Feeding Devices Market: Key Segments
In terms of product type, the global enteral feeding devices market has been classified into enteral feeding tubes, enteral feeding pumps, administration sets, enteral syringes, and other consumables. The enteral feeding pumps segment dominated the global market in 2020. Enteral feeding pumps are valuable treatment modalities for the management of acute and chronic illness. These pumps provide required nutrition support therapy for patients suffering from functional GI track. Feeding pumps administer the nutritional value to a patient.
The enteral feeding tubes segment has been split into nasogastric tubes, nasojejunal tube, jejunostomy tubes, radiologically inserted gastrostomy tube, and percutaneous endoscopic gastrostomy tubes. The jejunostomy tubes segment has been bifurcated into percutaneous endoscopic jejunostomy (PEJ) tube and radiologically inserted jejunostomy (RIJ) tube.
Based on age group, the global enteral feeding devices market has been categorized into adult and pediatric. The adult segment dominated the global market in 2020 owing to high prevalence of chronic diseases among the adult population.
In terms of application, the global enteral feeding devices market has been divided into oncology, gastrointestinal diseases, neurological disorders, diabetes, and others. The oncology segment is expected to dominate the market owing to high prevalence.
Based on end-user, the global enteral feeding devices market has been divided into hospitals, home care settings, ambulatory care settings, and others. The ambulatory care settings segment is expected to expand at a high CAGR from 2021 to 2031, owing to availability of a large number of easy-to-use and more efficient enteral feeding devices in the industry.
Market size and forecast for each of these segments have been provided from 2017 to 2031. The CAGR of respective segment has also been provided from 2021 to 2031, considering 2020 as the base year.
Enteral Feeding Devices Market: Regional Outlook
In terms of region, the global enteral feeding devices market has been segmented into North America (U.S. and Canada), Europe (U.K., Germany, Spain, Italy, France, and Rest of Europe), Asia Pacific (China, India, Japan, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (GCC Countries, South Africa, and Rest of Middle East & Africa). Each region considered in the market has been divided into countries/sub-regions.
The enteral feeding devices market report provides size and forecast for each region and country/sub-region from 2017 to 2031. The CAGR for each of these regions and countries has also been provided for the forecast period from 2021 to 2031. The enteral feeding devices market study also covers the competitive scenario in these regions.
Companies Covered in Enteral Feeding Devices Market Report
Key players in the global enteral feeding devices market have been profiled based on attributes such as company overview, product portfolio, financial overview, recent developments, and competitive business strategies
Key Questions Answered in Enteral Feeding Devices Market Report
- What are the major drivers, restraints, and opportunities in the market?
- What will be the Y-o-Y growth of the global enteral feeding devices market between 2021 and 2031?
- What are the revenue share projections of key segments of the global enteral feeding devices market during the forecast period?
- Will North America continue to be the most profitable market for enteral feeding devices?
- Which factors are anticipated to hamper the global enteral feeding devices market during the forecast period?
- Which are the leading companies in the global enteral feeding devices market?
Enteral Feeding Devices Market – Segmentation
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
Age Group
- Adult
- Pediatric
Application
- Oncology
- Gastrointestinal Diseases
- Neurological Disorders
- Diabetes
- Others
End-user
- Hospitals
- Home Care Settings
- Ambulatory Care Settings
- Others
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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