Published: Apr, 2018
The enteral feeding devices market is choc-o-bloc with players. This not just makes the market fragmented but also highly competitive. Kimberly Clark, Moog, Inc., Applied Medical Technology, Inc., Amsino International, Inc., CONMED Corporation, Boston Scientific, and Covidien plc are to name a few players in the enteral feeding devices market who have outshone a host of rivals to achieve prominent positions. Strategies deployed by them to reach such prominent positions are carefully-considered partnerships and collaborations and aggressive promotional activities.
A recent research study by Transparency Market Research on the global market for enteral feeding devices predicts it to rise at a steady pace to attain a value of US$3.1 bn by 2019-end.
There are various types of enteral feeding devices available in the market these days, but the one that is witnessing largest sales is enteral feeding pumps. This is mainly because of the limited risk of complication they help achieve, their portability, and their rising usage in home care settings. From a geographical standpoint, Europe is a key region in the global market for enteral feeding devices. The region’s market has been catapulted to the fore mainly on account of the large population of elderly in the region.
Latest Technologies Incorporated in Devices to Make Them More Effective
The market for enteral feeding devices is seeing a tectonic shift on account of the devices fast outstripping demand for parenteral devices. This is mainly due to the emergence of better technologies such as low profile gastrostomy. Besides, enteral feeding tubes and sets are also much more affordable – another reason why their sales are rising.
Apart from the aforementioned, the enteral feeding devices are also gaining traction because of savvy manufacturers’ continued efforts to launch enhanced products that have lesser side effects. Adds the lead analyst of our report, “The unveiling of balloon inflated gastrostomy tubes that allow food and medicines to be directly sent to the stomach of patients without needing them to be swallowed, for example, has greatly helped push up demand in the market. This is because, the technique enables long term, safe method to provide nutrition.”
A burgeoning population of elderly worldwide along with the rising preference for home enteral therapy has boosted the enteral feeding devices market. Growing number of preterm births which requires feeding of the newborns via enteral devices are also bolstering the market.
Complications Arising from Enteral Nutritional Delivery Crimping Demand to a Degree
One major challenge, on the downside, which the market needs to overcome is the complications arising from enteral nutrition delivery, namely gastrointestinal complications, diarrhea, and non-obstructive intestinal ischemia. Difficult reimbursement policies pertaining to it is also hampering demand to an extent. However, increasing occurrence of gastrointestinal disorders and cancer will likely help overcome the setbacks by underpinning demand big time.
This review is based on the findings of a TMR report, titled, “Enteral Feeding Devices Market (Enteral Feeding Tubes (Nasoentric Tubes, Oroentric Tubes, Enterostomy Tubes, Gastrostomy Tubes, Percutaneous Endoscopic Gastrostomy (PEG), Laproscopic Gastrostomy, Open Surgical Gastrostomy, Jejunostomy Tubes, and Low Profile Gastrostomy Tubes; Stages – Adults and Pediatrics), Enteral Feeding Pumps, Administration Reservoir, Giving Sets and Enteral Syringes) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019
The report segments the Global Enteral Feeding Market into the following:
- Enteral Feeding Devices Market, by Product Types
- Enteral Feeding Tubes
- Nasoentric Tubes
- Oroentric Tubes
- Enterostomy Tubes
- Gastrostomy Tubes
- Percutaneous Endoscopic Gastrostomy (PEG)
- Laproscopic Gastrostomy
- Open Surgical Gastrostomy
- Jejunostomy Tubes
- Gastrostomy Tubes
- Low Profile Gastrostomy 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)
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