Enteral Feeding Devices Market
Enteral Feeding Devices Market (Enteral Feeding Tubes, Enteral Feeding Pumps, Administration Reservoir, Giving Sets and Enteral Syringes) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019
The rising incidence of chronic ailments and diseases that render individuals paralysed has become a matter of grave concern for the medical industry. These individuals are administered food, medications, and liquids with the help of enteral feeding devices. The next decade is expected to witness an uptick in the use of enteral feeding devices, mainly due to the rising incidence of cancers and other chronic ailments. Moreover, the importance of administering timely medical doses in patients of chronic diseases has created fresh opportunities for market growth and maturity. The next decade is expected to usher an era of humongous growth and maturity within the global enteral feeding devices market.
- The use of enteral feeding tubes in prematurely-born babies has also increased in recent times. Moreover, infants born with feeding impairments and inabilities are also given medicines and food with the help of feeding tubes. Therefore, the reliance of several population groups on enteral feeding devices for their food intake needs has given a thrust to market growth.
- The medical fraternity has approved the use of feeding tubes for all age groups. The geriatric population is prone to suffering from paralytic disorders. Moreover, Alzheimer’s, dementia, and other neurological disorders are also peculiar to the older population. Henceforth, use of enteral feeding devices amongst the elderly has increased by a dramatic chase in recent times.
- The presence of improved testing, analysis, and diagnosis facilities within the medical fraternity has also created fresh revenues within the global enteral testing devices market. A large population of people suffers from swallowing disorders, necessitating the use of feeding tubes. Besides, enteral feeding tubes cause less discomfort to patient as against invasive tubes and syringes. The growing preference of the masses for these devices has created fresh opportunities for growth within the global enteral feeding devices market.
Global Enteral Feeding Devices Market: Snapshot
Enteral feeding is the organization of supplements specifically into the stomach related tract by means of a tube in the patients who can't take oral nourishment. The enteral feeding is put into the stomach, duodenum or jejunum by means of either the nose, mouth or through percutaneous course in extremely sick patients. Enteral sustenance is generally done through various sorts of tubes.
The pervasiveness of the endless maladies is quickly expanding and influencing in excess of 14 million individuals around the globe. Among all the ceaseless illnesses, malignancy is turning into a noteworthy worry for the social insurance area. Diabetes is another chronic ailment, influencing 400 million individuals over the globe. Because of these vast figures, the interest for enteral feeding devices is expanding.
The other factors driving the enteral feeding devices market are increasing geriatric population, growing adoption of enteral nutrition, particularly in home settings, and higher immature births.
According to analysts at TMR, 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.
Ease of Feeding to Push Segment of Feeding Pumps to the Fore
Enteral feeding devices market is divided basically by product composes and organizes (age gatherings). Enteral feeding tubes, pumps, organization repository, giving sets and enteral syringes are key types of these devices in view of product composes. Enteral feeding devices market is additionally divided by stages specifically, pediatric and adult populace.
The enteral feeding pumps segment held the prominent share of the enteral feeding devices market in the past, and is expected to stay prevailing all through the forecast period attributable to high idealness and mechanical headways in feeding pumps. Enteral feeding pump empowers steady and exact conveyance of enteral nourishment should increase the segmental development.
The presentation of International Organization for Standardization (ISO) and rising instances of preterm birth that requests feeding by enteral devices are the components emphasizing the development of this market over the forecast period. Be that as it may, confusions identified with enteral nutrition conveyance, for example, looseness of the bowels, gastrointestinal difficulties, and non-obstructive intestinal ischemia impact the market market to some extent.
Europe to Hold Prominent Market Share Regionally
Europe contributed the biggest share, i.e. more than 35%, in 2012 of the worldwide enteral feeding devices market. Rising geriatric populace and expanding mindfulness about enteral sustenance are the real driving variables for the development of enteral feeding devices market in Europe. North America contributed the second biggest share i.e. more than 30% of the aggregate market in 2012.
Inclination for locally established enteral treatment has prompted decrease of regular visits to centers and clinics, subsequently expanding the take-up of enteral feeding devices in the North American region. The Asia-Pacific region is predicted to see the quickest development because of growing populace combined with rising number of preterm birth cases. High pervasiveness of gastrointestinal issues and disease are the contributing elements for the development of enteral feeding devices market in this area.
Vendors operating in the global enteral feeding devices market are Boston Scientific, Applied Medical Technology, Inc., Moog, Inc., Kimberly Clark, Covidien plc, CONMED Corporation, and Amsino International, Inc.
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 are suffering from functional gastrointestinal disorders (FGID) 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. The market for enteral feeding devices is segmented on the basis of product types and stages (age groups). Product segment includes enteral feeding tubes, pumps, administration reservoirs, giving sets and enteral syringes. While stages segment comprise of pediatrics and adult population. This report explains various technological advancements taking place in each segment. The report includes market estimations of the global enteral feeding devices market in terms of value (USD million) for the period 2013 – 2019, considering 2012 as the base year. In addition, current market trends and recent developments are taken into consideration while determining the growth rate of the global enteral feeding devices market. The report provides market size and forecasts for each segment and geographic region with CAGR % for the period from 2013 to 2019.
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.
The global enteral feeding devices market is segmented into the following categories:
- Enteral Feeding Devices Market, by Product Types
- Enteral Feeding Tubes
- Nasoenteric Tubes
- Oroenteric Tubes
- Enterostomy Tubes
- Low Profile Gastrostomy
- Nasoenteric Tubes
- Enteral Feeding Pumps
- Administration Reservoir
- Giving Sets
- Enteral Syringes
- Enteral Feeding Tubes
- Enteral Feeding Devices Market, by Stages
- Enteral Feeding Devices Market, by Geography
- North America
- Rest of the World (RoW)