New York, NY -- (SBWIRE) -- 03/08/2021 -- The Global Enteral Feeding Devices Market was valued at USD 2.55 billion in 2018 and is expected to reach USD 4.07 billion by year 2026, at a CAGR of 6.1%. Enteral Feeding Devices Market has driven Factors such as rising healthcare costs, the surge in the number of preterm births, growth in the aging population, rising prevalence of chronic diseases such as diabetes, cancer, gastrointestinal, neurological disorders also growing awareness of enteral nutrition, and rapid improvements in healthcare facilities in emerging countries. Enteral tube feeding is the feeding of nutrients directly into the digestive tract through a tube that is usually placed into the stomach. It is placed via the nose, mouth, or the direct percutaneous route.

In 2018, an estimated 1,735,350 new cases of cancer were diagnosed in the United States. Cancer has an impact on society, not only in the United States but across the world. Enteral Feeding Devices helps in making life of cancer patient easy. Apart from cancer, a globally increase in the number of patients suffering from gastroenterology also recorded. Enteral feeding is usually the preferred method over parenteral nutrition in patients with a functional gastrointestinal system due to the associated risks of the intravenous route, higher cost, such a factor helps in the growth of enteral feeding devices market. Rising aged population across the world, according to the World Health Organization (WHO), from 2015 to 2050, population aging 60 and above is expected to reach 22% of the total global population, which will give rise to chronic diseases such as cancer.

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Further key findings from the report suggest

Enteral Feeding Devices Market is expected to grow at CAGR of 6.3% during forecasted period

Asia Pacific region is accounted with a highest CAGR of 6.4% due to growing nation and increase in aging population, and increase in health care awareness in the major economic countries like China and India

The most common cancers are breast cancer, lung and bronchus cancer, prostate cancer, colon and rectum cancer, melanoma of the skin, bladder cancer, kidney and renal pelvis cancer, endometrial cancer, pancreatic cancer, thyroid cancer, and liver cancer

In 2016, an estimated 15.5 million cancer survivors found in the United States. The number expected to increase and reach 20.3 million by 2026

In 2015, there were about 135 million births globally and 15 million were born before 37 weeks of gestation, while between 3 and 12 percent were born after 42 weeks. An abnormal delivery may cause medical problem to the child for initial days, and only able to feed via enteral feeding

Based on the regions, the report covers the following regions:

North America (U.S.A., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Competitive Terrain:

The global Enteral Feeding Devices market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies' current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.

The leading companies operating across the global Enteral Feeding Devices market are listed below:

Kimberly-Clark Corporation; Abbott Nutrition, Boston Scientific Corporation, ConMed Corporation, Moog Inc., C.R.Bard, Danone, Cook Medical, Amsino International Inc.

By Type (Revenue, USD Million; 2016–2026)

Enteral Feeding Pumps

Enteral Feeding Tubes

Administration Reservoirs

Enteral Syringes

Giving Sets

Consumables

By Age Group (Revenue, USD Million; 2016–2026)

Adult

Pediatrics

By Application (Revenue, USD Million; 2016–2026)

Oncology

Gastroenterology

Neurological Disorders

Diabetes

Hypermetabolism

Other Applications

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Radical Features of the Enteral Feeding Devices Market Report:

Valuable insights into the Enteral Feeding Devices market to impart an in-depth understanding of the business verticle

An 8-year forecast estimation along with an analysis of key elements of the market

Technological advancements, regulatory framework, and recent developments covered in the report

Growth analysis and projections until 2027

Statistical analysis of the key players operating in the Enteral Feeding Devices industry

Table Of Contents:

Chapter 1. Market Synopsis

Chapter 2. Executive Summary

Chapter 3. Indicative Metrics

Chapter 4. Enteral Feeding Devices Market Segmentation & Impact Analysis

Chapter 5. Enteral Feeding Devices Market, By Type Insights & Trends

Chapter 6. Enteral Feeding Devices Market, By Application Insights & Trends

Chapter 7. Enteral Feeding Devices Market, By End Use Insights & Trends

Chapter 8. Enteral Feeding Devices Market Regional Outlook

Chapter 9. Competitive Landscape

Chapter 10. Company Profiles

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