New Trends in Enteral Feeding Devices Market with Opportunity Assessment

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.

 

Albany, NY -- (SBWIRE) -- 04/27/2016 -- Enteral Feeding devices are used for providing nutrition, hydration or medication through flexible tubing or pumps inserted directly into the stomach or parts of small intestine. Enteral feeding is indicated for patients who have a functional gastrointestinal track and is considered as an ideal option when a patient is unable to maintain an optimal nutritional level orally. These devices play an important role in various disease conditions such as neurological diseases, gastrointestinal diseases, organ system failure and hypermetabolism. With increasing awareness about the beneficial role of enteral nutrition, the demand for enteral feeding devices is also expected to increase during the forecast period. This report explains various technological advancements taking place in each segment. In addition, current market trends and recent developments are taken into consideration while determining the growth rate of the global enteral feeding devices market.

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The market for enteral feeding devices is segmented on the basis of product types as enteral feeding tubes, pumps, administration reservoirs, giving sets and enteral syringes. Enteral feeding tubes market has been further segmented as nasoenteric tubes, oroenteric tubes, enterostomy tubes and low profile gastrostomy tubes. Enterostomy tubes market has been further segmented as gastrostomy tubes and jejunostomy tubes. The gastrostomy tubes market has been further segmented as percutaneous endoscopic gastrostomy (PEG), laproscopic gastrostomy and open surgical gastrostomy. The market for these product segments and sub-segments has been extensively analyzed based on consumption pattern, reimbursement scenario, cost and efficiency. The market size and forecast in terms of USD million for each product type has been provided for the period 2011 to 2019, considering 2012 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2013 to 2019 for each segment.

By stages segment comprise pediatrics and adult population. The market for these stages has been extensively analyzed based on number of elderly people, number of pediatrics, number of preterm birth and healthcare scenario for these people. The market size and forecast in terms of USD million for each product type has been provided for the period 2011 to 2019, considering 2012 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2013 to 2019 for each segment.

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The market is also forecasted in terms of value (USD million) for the period 2013 – 2019 for four major geographic regions, namely North America, Europe, Asia-Pacific and Rest of the World (RoW). A detailed qualitative analysis of the factors responsible for driving and restraining the growth of the enteral feeding devices market and future opportunities are provided in the report. A PESTLE analysis has also been done while estimating individual geographies in order to provide current as well as future status. A list of recommendations for existing as well as new entrants has been discussed in the study which would help in decision making.

Some of the key market players of the global enteral feeding devices market include Covidien Plc, Fresenius Kabi AG, C. R. Bard, Inc., Applied Medical Technology, Nestle HealthCare Nutrition, Inc. and others. Market players are profiled in this report on the basis of attributes such as company overview, financial overview, business strategies adopted by the companies to ensure sustainability and maximize profits, product portfolio and recent developments.

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