Your Shopping Cart Is Empty
| Report Code: A12323 | Nov 2023 | Pages: NA | ||
| Tables: NA | Charts: NA |
| |
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Feeding Tubes Market
Request Now !Feeding tube is a medical device that helps provide nutrition to patients who are unable to obtain nutrition by mouth, need nutritional supplementation, or are unable to swallow food properly & safely. The state of being fed through a feeding tube is known as gavage, tube feeding, or enteral feeding. The placement of such tubes may be lifelong in the case of chronic disabilities and temporary for acute condition treatment. Generally, feeding tubes are made using silicone or polyurethane. The diameter of these tubes is measured using French units where each French unit is equal to 1/3 mm.
COVID-19 Impact Analysis
COVID-19 is an infectious disease that originated in the Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing a shortage of these drugs. Thus, the pharmaceutical and biotechnology industries are expected to witness significant growth in the future, owing to the demand for vaccines and treatment drugs for COVID-19.
With COVID-19 the supply chain of raw materials required to manufacture feeding tubes has been disrupted in many countries. In addition, the market growth of feeding tubes is declining as the manufacturers of these medical devices have slowed down their production due to the pandemic. Therefore, COVID 19 is expected to have a significant impact on the feeding tubes market.
Top Impacting Factors
Technological advancements have led to the development of portable and compact feeding tubes, which are made using materials that prevent cracks even in high-stress applications. These advancements have boosted the growth of the feeding tubes market.
Many advanced features are now being added to feeding tubes, which include pressure alarm options and programmed flushing intervals. These features have helped enhance the design of such tubes according to the requirements of patients as well as the healthcare providers, thereby propelling the market growth.
Surge in the number of preterm birth, increase in geriatric population, and rise in prevalence of chronic diseases are some of the conditions that have led to increase in the use of feeding tubes, thus augmenting the market growth.
Although feeding tubes are highly cost-effective and efficient, multiple complications have been associated with their insertions in the body, which can lead to additional risks and increase the overall healthcare costs, thus impeding the growth of the market.
Key Market Trends
In 2019, Fresenius Kabi expanded its plant in Aquiraz to increase the capacity of the facility for prenatal nutrition production by almost 30%. Increase in use of feeding tubes with prenatal nutrition food for preterm babies has helped in the expansion of the feeding tubes market.
In 2018, Fresenius Kabi started its production plant in Germany to improve the manufacturing of feeding tubes that are routinely used in hospitals.
The oncology segment of the feeding tubes market is expected to grow during the forecast period, owing to increase in the prevalence of different types of cancers such as head and neck cancers, lung cancer, and gastrointestinal cancer, as feeding tubes are often used to provide nutrition to cancer patients undergoing chemotherapy.
Asia-Pacific feeding tubes market is anticipated to grow at a favorable rate. This can be attributed to the increasing number of preterm births, growing awareness of enteral nutrition, and the development of healthcare facilities in the region.
Key Benefits of the Report
Questions Answered in the Feeding Tubes Report
Feeding Tubes Market Report Highlights
| Aspects | Details |
|---|---|
| By Type |
|
| By Age Group |
|
| By Application |
|
| By End User |
|
| By Region |
|
| Key Market Players | Fresenius Kabi AG, DANONE, Baxter International Inc., Cardinal Health, Degania Silicone Ltd., Amsino International Inc., Applied Medical Technology, Inc., ALCOR Scientific, B.Braun Melsungen AG |
Start reading.
This Report and over 66,804+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
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
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 scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Contact Details
Need to talk to an expert? Book your free consultation and let our research experts help you with your needs/problems.
Global Report 
Regional Report
Country Report
Related Report