Albany, NY -- (SBWIRE) -- 05/24/2018 -- Enteral feeding devices, also called as artificial nutrition support system are used to deliver nutrition or medication to the patients. These devices are considered as the first choice of treatment option for patients suffering from functional gastrointestinal disorders (FGID). Increasing need of reconstructive surgeries coupled with technological advancements in these devices are expected to widen the market for enteral feeding devices. In addition, rising incidences of chronic diseases such as cancer, neurological and gastrointestinal disorders and increasing healthcare awareness are driving the demand for enteral feeding devices market globally. The global enteral feeding devices market is estimated to be USD 2,033.1 million in 2012 and is expected to reach USD 3,102.0 million by 2019, growing at a CAGR of 6.2% from 2013 to 2019.
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Enteral feeding devices market is segmented mainly by product types and stages (age groups). Enteral feeding tubes, pumps, administration reservoir, giving sets and enteral syringes are major types of these devices based on product types. Enteral feeding devices market is further segmented by stages namely, pediatric and adult population. Enteral feeding devices market is witnessing a paradigm shift from the usage of parenteral devices to enteral feeding devices due to uptake of advanced technologies (such as low profile gastrostomy) and cost effective alternatives (e.g. enteral feeding tubes and giving sets). These devices have also gained widespread popularity because manufacturers are constantly coming up with new and innovative devices that are easy to use and have few complications.
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For example, introduction of balloon inflated gastrostomy tubes enable users to feed directly into the stomach so that feeding of nutrition and medication is possible without swallowing. This technique provides a safe and long term method for obtaining nutrition. Growing geriatric population coupled with rising preference of home enteral therapy has resulted in a steady rise in the demand of enteral feeding devices. In addition, introduction of International Organization for Standardization (ISO) and rising cases of preterm birth that demands feeding by enteral devices are the factors accentuating the growth of this market during the forecast period. However, complications related to enteral nutrition delivery such as diarrhea, gastrointestinal complications, and non-obstructive intestinal ischemia and stringent reimbursement policies restrains the market growth.
Europe contributed the largest share, i.e. over 35%, in 2012 of the global enteral feeding devices market. Rising geriatric population and increasing awareness about enteral nutrition are the major driving factors for the growth of enteral feeding devices market in Europe. North America contributed the second largest share i.e. over 30% of the total market in 2012. Preference for home based enteral therapy has led to reduction of frequent visits to clinics and hospitals, consequently increasing the uptake of enteral feeding devices in the North American region. The Asia-Pacific region is expected to witness the fastest growth due to expanding population coupled with rising number of preterm birth cases. High prevalence of gastrointestinal disorders and cancer are the contributing factors for the growth of enteral feeding devices market in this region.
In terms of key players, the global enteral feeding devices market is highly fragmented with the presence of large number of players that include Moog, Inc., Kimberly Clark, Amsino International, Inc., Applied Medical Technology, Inc., Boston Scientific, CONMED Corporation, Covidien plc and others.
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