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Enteral Feeding Devices Market is estimated to be US$ 4948.7 million by 2030 with a CAGR of 5.3% during the forecast period
Enteral Feeding Devices Market is estimated to be US$ 4948.7 million by 2030 with a CAGR of 5.3% during the forecast period
The report " Global Enteral Feeding Devices Market By Type (Enteral Feeding Tubes, Enteral Feeding Pumps, Enteral Syringes, and Giving Sets)
 

Enteral Feeding Devices market accounted for US$ 2964.1 million in 2020 and is estimated to be US$ 4948.7 million by 2030 and is anticipated to register a CAGR of 5.3%. An enteral feeding system is a medical device that delivers nutrients to people who can't eat by mouth, can't swallow safely, or need nutritional supplementation. Enteral feeding systems are used to provide drugs and nutrients to patients with chronic illnesses such as malnutrition, gastrointestinal disorders, cancer, and other conditions. Enteral feeding is the first line of defence in providing sufficient nutrition to malnourished and unable-to-take-nutrients-orally patients. Enteral feeding systems are often used in the operating room (OT), intensive care unit (ICU), and critical care unit (CCU), as well as in seriously ill patients at home.

The report " Global Enteral Feeding Devices Market By Type (Enteral Feeding Tubes, Enteral Feeding Pumps, Enteral Syringes, and Giving Sets), By Application (Oncology, Gastroenterology, Neurology, Diabetes, and Hypermetabolism), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030”

Key Highlights:

·         The National Nurses Nutrition Group has issued a new set of recommendations for both patients and healthcare professionals offering dietary assistance for efficient patient and professional protection in view of the current pandemic situation.

·         Fresenius Kabi finished expanding its plant in Aquiraz, Brazil, in 2019 and expanded the facility's capacity for producing parental nutrition.

Analyst View:

Due to technological advances such as programming and safety features in feeding pumps, as well as user-friendly and compact feeding pumps, the enteral feeding devices market has grown significantly. The largest target demographic for this market is the growing geriatric population suffering from neurological disorders such as multiple sclerosis, stroke, and dementia that affect swallowing. Additionally, one of the major factors expected to boost the demand for enteral feeding devices is the increased use of enteral nutrition to assist patients with head and neck cancer who are at high risk of malnutrition.

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Key Market Insights from the report:

The Global Enteral Feeding Devices market accounted for US$ 2964.1 million in 2020 and is estimated to be US$ 4948.7 million by 2030 and is anticipated to register a CAGR of 5.3%.The Global Enteral Feeding Market is segmented based on typeapplication, and region.

·         By type, the Global Enteral Feeding Market is segmented into Enteral feeding tubes, enteral feeding pumps, enteral syringes and giving sets.

·         By Application, the Global Enteral Feeding Market is segmented into Oncology, Gastroenterology, Neurology, Diabetes and hypermetabolism.

·         By region, the Global Enteral Feeding Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. 

Competitive Landscape:

The key players operating in the Global Enteral Feeding Market include Cook medical Industries, Moog Ltd., Fresenius Inc., Medtronic Inc., Covidien Ltd., Alcor Scientific, Applied medical technology, BARD access system, Andersen Ltd. and Asept Inmed.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.