According to one of the recent reports published by Grand View Research Inc., the market for enteral feeding devices is witnessing a moderate growth during the COVID-19 pandemic. The National Nurses Nutrition Group have amended a new set of guidelines considering the pandemic, for both healthcare professionals and patients for enhanced safety.
The global enteral feeding devices market size was valued at USD 2.41 billion in 2018 and is expected to grow at a CAGR of 5.8% over the forecast period 2019 to 2025. Factors such as growing demand from home care sector, prevalence of chronic diseases, incidence of preterm birth, and growing geriatric population are driving the growth of the enteral feeding devices market. Rising geriatric population suffering from neurological conditions such as multiple sclerosis, stroke, and dementia that impact swallowing, is the key target population for this market. Thus, provision of nutritional support in the form of oral nutrition supplements and enteral nutrition feeding tube support mitigate the challenges of nutrition deficit.
The COVID-19 outbreak has steered the need to improve patientcare and offer additional nutritional support to the patients that are affected by the pandemic. This has led to a rise in the adoption of enteral feeding devices, including feeding tubes & administration sets, thereby supplementing the market growth to a notable extent.
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Enteral Feeding Devices Market Report Highlights
• On the basis of product, the low profile gastrostomy device is projected to be the fastest growing segment over the forecast period.
• On the basis of geography, Asia pacific is projected to witness the fastest CAGR over the forecast period. Rise in the number of hospital admissions, geriatric population, increasing number of malnutrition patients, and preterm births are some of the factors expected to propel the market growth in the region.
Enteral Feeding Devices
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Enteral Feeding Devices Market Segmentation
Grand View Research has segmented the global enteral feeding devices market on the basis of product and region:
Enteral Feeding Devices Product Outlook (Revenue, USD Million, 2014 – 2025)
• Giving Set
• Enteral Feeding Pump
• Percutaneous Endoscopic Gastrostomy Device
• Low Profile Gastrostomy Device
• Nasogastric Tube
• Gastrostomy Tube
Enteral Feeding Devices Regional Outlook (Revenue, USD Million, 2014 – 2025)
• North America
• Asia Pacific
• South Korea
• Latin America
• Middle East & Africa
• Saudi Arabia
• South Africa
List of Key Players of Enteral Feeding Devices Market
• Kimberly-Clark Corporation
• Abbott Nutrition
• Boston Scientific Corporation
• Amsino International Inc.
• ConMed Corporation
• Moog Inc.
• Cook Medical
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Geriatric Care Services Market Analysis by Service (Home Care, Adult Day Care, Institutional Care, Non Medical, Medical, Nursing Homes, Hospitals, Community Centers) and Segment Forecasts To 2022
About Grand View Research
Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.
Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients.
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