LONDON, June 30, 2016 /PRNewswire/ -- The enteral feeding
devices market is projected to reach USD
2.80 billion by 2021, growing at a CAGR of 5.5% during the
forecast period of 2016 to 2021. Rising geriatric population;
growing prevalence of chronic diseases such as diabetes, cancer,
gastrointestinal diseases, neurological disorders, and
hypermetabolism; and increasing number of preterm births are
expected to fuel the growth of this market in the coming years.
Several manufacturers in the enteral feeding devices industry are
increasingly adopting patient safety techniques, such as unique
connection systems, to avoid misconnection of feeding tubes. These
players also have a major focus on user friendly features, such as
portable feeding pumps, programming options, programmable flushing
intervals, multiple languages, occlusion pressure alarm options,
history of previous feed rates, and screen and program lock-out
features to prevent manipulation. This trend is expected to promote
the greater uptake of technologically advanced enteral feeding
devices in the global clinical nutrition industry.
The global enteral feeding devices market is segmented based on
product type, stage, end user, and application. Based on product
type, the enteral feeding devices market is segmented into enteral
feeding pumps, enteral feeding tubes, administration reservoirs,
giving sets, and enteral syringes. The enteral feeding tubes market
covers nasoenteric feeding tubes, oroenteric feeding tubes, and
enterostomy tubes. The nasoenteric feeding tubes market is further
segmented into nasogastric feeding tubes, nasoduodenal feeding
tubes, and nasojejunal feeding tubes. Standard tubes and
low-profile tubes are the two types of enterostomy tubes. Based on
stage, the enteral feeding devices market is segmented into adults
and pediatrics. Based on end users, the market is segmented into
hospitals and ambulatory care settings. Based on application, the
market is segmented into oncology, gastroenterology, diabetes,
neurological disorders, hypermetabolism, psychiatrics, and other
applications. This report also provides market information across
major regional segments, namely, North
America, Europe,
Asia-Pacific, Latin America, and Middle East and Africa. These regions are further segmented at
a country level.
North America is the largest
market for enteral feeding devices, followed by Europe, Asia-Pacific, and Rest of the world. However,
Asia-Pacific and Latin America possess lucrative growth
potential for the enteral feeding devices market during the
forecast period. This is mainly attributed to the presence of an
extensive customer base in these regions as a result of the rising
geriatric population and rising prevalence of chronic diseases and
disorders.
The global enteral feeding devices market is consolidated at the
top with the top five companies accounting for more than 50% of the
global market. The major players in the enteral feeding devices
market include Fresenius SE & Co. KGaA (Germany), Halyard Health, Inc. (U.S.),
Medtronic PLC (Ireland), B. Braun
Melsungen AG (Germany), C. R.
Bard, Inc. (U.S.), Cook Medical (U.S.), ConMed Corporation (U.S.),
Abbott Laboratories (U.S.), and Moog, Inc. (U.S.). Some of the
other players in this market are Nestlé S.A (Switzerland) and Boston Scientific Corporation
(U.S.).
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This report provides insights on the following pointers:
• Market Penetration: Comprehensive information on product
portfolios offered by the top players in the enteral feeding
devices market. This report analyzes the enteral feeding devices
market by product type, stage, end user, application, and
region
• Product Development/Innovation: Detailed insights on the upcoming
trends, R&D activities, and new product launches in the enteral
feeding devices market
• Market Development: Comprehensive information on the lucrative
emerging markets for enteral feeding devices
• Market Diversification: Exhaustive information of new products,
growing regions, recent developments, and investments in the
enteral feeding devices market
• Competitive Assessment: In-depth assessment of market shares,
growth strategies, products, manufacturing capabilities, and SWOT
analyses of the leading players in the enteral feeding devices
market
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