Report Code : A00576
The home care segment is projected to exhibit the highest growth during the forecast period owing to emergence of portable enteral feeding devices and reduced overall cost of home enteral care. Based on the age group of patients, pediatric enteral feeding devices market is expected to witness the highest growth due to high prevalence of malnutrition among children and development of convenient equipment designs for children.
Onkar Sumant
Manager, Healthcare at Allied Market Research
According to a new report published by Allied Market Research, titled, "Enteral Feeding Devices Market by Product, Age Group, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019–2027," the global enteral feeding devices market size was valued at $2.82 billion in 2019, and is projected to reach $4.42 billion in 2027, registering a CAGR of 5.5% from 2020 to 2027.
Enteral feeding is a nutritional therapy that provides nutrients directly in the gastrointestinal tract of patients who are unable to swallow food or who cannot get enough nourishment by eating or drinking. Enteral feeding therapy involves the usage of feeding devices such as pumps and tubes. These medical devices deliver the medications and nutrients directly into the stomach, duodenum, or jejunum via either the nose, mouth, or the direct percutaneous route.
Increase in prevalence of several chronic disorders such as cancer and neurological disorders across the world, surge in the adoption of enteral nutrition, rise in geriatric population, and growth in incidence of malnutrition cases drive the market. However, stringent government regulations and inadvertent dislodgment of tubes leading to accidental disabilities and deaths, impede the enteral feeding devices market growth. Conversely, the development of newer products with lesser side effects and presence of untapped market in the emerging economies are expected to provide lucrative growth opportunities for the market.
The enteral feeding pumps segment accounted for the largest share in 2019 around 35.1%, and is expected to witness fastest growth rate during the forecast period with a CAGR of 6.3%, This is attributed to growing usage of the feeding pumps and lesser side effects as compared to other devices, and is expected to grow at the fastest rate during the forecast period.
The cancer segment is anticipated to record the highest growth at a CAGR of 6.0% during the forecast period, owing to increase in global cancer cases across the globe.
Further, head and neck cancers, cancers of the gastrointestinal system, lung cancer, and liver cancer, are expected to play a major role in the higher adoption of enteral feeding devices used to provide clinical nutrition to cancer patients.
By age group, the pediatric segment is expected to experience the highest growth in the global enteral feeding devices market with a CAGR of 6.0%. This is attributed to high prevalence of preterm births across the globe.
By end user, the hospital is accounted for the largest share in 2019, which was $1,726.16 million. The utilization rate of enteral feeding devices in hospitals is high owing to high availability of these products in hospitals and placement of tubes in hospitals with high success rate. In addition, shift from parenteral nutrition to enteral nutrition are supporting the growth of the hospitals segment. However, the home care segment is expected to grow at a CAGR of 6.1% during the forecast period.
Europe was the leading revenue contributor to the global enteral feeding devices market in 2019, and is expected to dominate the market during the forecast period. This is attributed to early approval of enteral feeding devices and high adoption of enteral feeding pumps in this region. However, Asia-Pacific is expected to grow at the highest CAGR of 6.2% during the study period, due to increase in affordability, surge in healthcare expenditure, and rise in awareness toward safe enteral feedings products.
Key Findings of the Study:
Talk to David (Europe)
Talk to Sona Padman (Americas)
5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91 2066346060
Fax: +1(855) 550-5975
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com
Enteral Feeding Devices Market by Product (Enteral Feeding Pumps, Enteral Feeding Tubes, Enteral Syringes, Giving Sets, and Consumables), Age Group (Adult and Pediatrics), Application (Gastrointestinal Diseases, Cancer, Malnutrition, Neurological Disorders, and Other Applications), and End User (Hospitals, Home Care, and Ambulatory Surgical Centers): Global Opportunity Analysis and Industry Forecast, 2020–2027
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Buy Full Version
"Global Enteral Feeding Devices Market"
Purchase Enquiry
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of the scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save the time of readers