Albany, NY -- (SBWIRE) -- 12/07/2018 -- Enteral nutrition is a method of providing food to the stomach or small bowel through the placement of a tube in the mouth, nose, or directly into the intestine. It is highly useful in the treatment and rehabilitation of patients suffering from chronic diseases such as AIDS and cancer, as these patients usually suffer from nutritional insufficiency and may also have difficulty in consuming food. Enteral nutrition pumps help in delivering nutritious foods directly into the stomach or small intestine. Supplements of nutrients such as protein, carbohydrates, minerals, vitamins, and water are required by patients who are suffering from chronic diseases such as cancer, diabetes, and AIDS, as they are at a high risk of malnutrition. A rise in the prevalence of such chronic diseases is thus a key driver for the global enteral nutrition market.
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AIDS and cancer have both taken on important roles in the global health care sector due to the rising prevalence of these fatal diseases across regions. Their growing prevalence in emerging regions such as Asia Pacific is a key driver for the global enteral nutrition market. This is because governments in the region have stepped up their efforts to enhance the health care sector and provide affordable health care to a high proportion of citizens. The growing urban demographic in Asia Pacific is also important for the enteral nutrition market, as treatment involving enteral nutrition can be expensive and thus unaffordable for a large section of the population. One of the key trends shaping the growth trajectory of the global enteral nutrition pumps market is a rise in demand for home enteral nutrition treatments. Technological advancements in enteral nutrition pumps now allow for convenient setups where patients can administer the enteral nutrition themselves, making hospital visits unnecessary. The ease of packaging enteral nutrition packs has also boosted their demand in home settings, as maintaining the quality of enteral nutrition products remains a key priority for patients. Rise in the global geriatric population has also boosted the enteral nutrition pumps market, as older patients are more likely to prefer receiving enteral nutrition treatment at home.
The global enteral nutrition market can be segmented based on product, age group, application, end-user, and region. In terms of product, the global market can be divided into enteral nutritional pumps, enteral nutrition tubes, administration reservoirs, enteral syringes, oral nutritional supplements, administrative sets, and powder products. The nutrition tubes segment can be further sub-segmented into nasoenteric feeding tubes, oroenteric feeding tubes, and enterostomy tubes. The enteral nutritional pumps segment is projected to hold a prominent market share by the end of 2026. Based on age group, the global market can be classified into adults and pediatrics. In terms of application, the global enteral nutrition pumps market can be segmented into oncology, diabetes, gastroenterology, neurological disorders, and hypermetabolism. Based on end-user, the market can be categorized into hospitals and ambulatory care settings, specialty clinics, and home care settings. The hospitals segment is projected dominate the global enteral nutrition market by the end of 2026.
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In terms of region, the global enteral nutrition market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe are estimated to account for a major share of the global market, owing to the easy availability technologically advanced products; high prevalence of chronic disorders, especially cancers, neurological disorders, and autoimmune disorders; and favorable medical reimbursement policies in these regions. Moreover, high adoption of technologically advanced products, large base of enteral nutrition manufacturing companies, rise in demand for enteral nutrition among the geriatric population, and well-established health care facilities are projected to contribute to the dominance of these regions during the forecast period. The enteral nutrition market in Asia Pacific is projected to expand at a rapid CAGR during the forecast period, owing to a significant rise in the number of chronic disorders, large population base with HIV AIDS and diabetes, especially in highly populated countries such as India and China, rise in awareness about health care, and increasing per capita health care expenditure in the region. The enteral nutrition market in Latin America and Middle East & Africa is projected to expand at a moderate growth rate during the forecast period.
The global enteral nutrition market is highly fragmented. A large number of manufacturers hold a prominent share in respective regions. A key trend of mergers and acquisitions among the leading players is being observed over past few years. Companies undertake mergers and acquisitions in to order to strengthen their product portfolios and enhance their geographic presence in respective regions. Key players operating in the global enteral nutrition market include Fresenius Kabi AG, Abbott Laboratories, Halyard Health, Inc., Medtronic Inc., Johnson & Johnson, Becton Dickinson and Company, B. Braun Melsungen AG, Cook Medical, Nestlé S.A, ConMed Corporation Baxter, and International Inc..
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