Home >> News >> Business >> Enteral Feeding Devices Market size to Reach USD 3,313.2 Mn by 2023 analysis by Credence Research

Enteral Feeding Devices Market size to Reach USD 3,313.2 Mn by 2023 analysis by Credence Research

The Enteral Feeding Devices Market Report is a professional and in-depth study on the current state of the Enteral Feeding Devices Industry. Enteral Feeding Devices Market expected to exhibit steady growth during the forecast period.

Firstly, this research report presents a basic outline of the Enteral Feeding Devices industry covering boundaries, purposes, classifications and market chain structure. The growth policies and strategies are presented as well as manufacturing processes and cost structures.

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Secondly, this research study shows the Enteral Feeding Devices market size (volume and value), and the share markets by types, regions, applications, and companies are also discussed. Third, the Enteral Feeding Devices market report is presented for major regions including USA, Europe, China, and Japan, and other regions can be added.

Then, the research report especially concentrates on global major leading industry players with data such as company product pictures, profiles and terms, trades, market share, and contact information.

Market Insights

Enteral feeding refers to the delivery of nutrients or medicine straight into the gastrointestinal tract through a feeding tube, either through the nose or directly into the stomach or small intestine. Enteral feeding is preferred in patients suffering from diseases such as oral cancer, gastrointestinal injuries and disorders etc. which makes them difficult to consume food normally.  Medical practitioners suggest that, enteral feeding is necessary only when a patient’s nutritional needs cannot be met orally. The rising geriatric population base, mounting prevalence of diseases such as diabetes, diarrhea, chronic pancreatitis and other gastrointestinal diseases along with high incidences of premature births are some of the key factors assisting the growth of enteral feeding devices market throughout the forecast period.

Enteral feeding pumps dominated the overall market in terms of revenue share in 2015, due to high usage rates and market penetration observed in developed regions such as North America and Western Europe. In addition, this product segment is expected to grow at the fastest CAGR of 6.1% throughout the forecast period, due to rising demand for enteral feeding pumps and introduction of advanced devices in countries with high unmet medical needs, and developing healthcare infrastructure such as India, China and Brazil.

In 2015, Europe dominated the market due to existence of modern healthcare infrastructure, presence of high patient awareness, mounting geriatric population base especially in the Western European region, growing incidences of premature births and the market introduction supportive regulations such as the implementation of ISO standards for small bore connectors. The Asia Pacific enteral feeding devices market is expected to exhibit the highest growth rate of 6.9% from 2016 to 2023 due to the existence of high unmet medical needs along with swiftly mounting patient awareness levels related with early disease diagnosis and rising healthcare expenditures in countries such as India and China.

Leading Players:

Kimberly Clark Corporation, Conmed Corporation, Covidien Plc, Cook Medical, Amsino International Inc., Boston Scientific Corporation, Moog Inc. and others.

Research Methodology

Credence Research has used various sources of information and study to determine the market wealth of the global Enteral Feeding Devices market. In series to give the industry value forecast till 2026 end, Credence Research analysts have first searched Enteral Feeding Devices solutions by services, end user, product type and purpose. After this, the analysts aimed to arrive at the stated market figures so they have done primary and secondary research. In the primary research, consultations with industry specialists were carried out and the secondary research consists of qualitative information collecting through journals, various articles, industry association data, blogs, company websites, and other secondary sources. In the data study phase, adoption of Enteral Feeding Devices solutions across various industries was examined, along with value chain analysis.

Report content

  • Qualitative Analysis
  • Industry overview
  • Industry trends
  • Key market opportunities prioritized
  • Market size
  • Growth prospects
  • Product benchmarking
  • Competitive landscape
  • Company overview
  • Financial performance
  • Market drivers and restraints
  • Latest strategic developments

Quantitative Analysis

  • Enteral Feeding Devices Market size, estimates, and forecast from 2018 to 2026
  • Enteral Feeding Devices Market estimates and forecast for product segments up to 2026
  • Regional market size and forecast of Enteral Feeding Devices for product segments up to 2026
  • Market valuations and the outlook for demand segments up to 2026
  • Regional business size and forecast for application segments up to 2026

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