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The global enteral feeding devices market size is estimated to reach USD 1.54 billion, at a CAGR of 6.78% between 2023 and 2028. There has been a significant increase in new product launches in the market. This increase in new product launches across product lines provides better options to buyers which fuels the overall product demand for medical devices in the market. Due to this growth, several healthcare equipment manufacturers are seeking opportunities to convert this rise in demand into a continuous cycle of innovation and improvisation for improved products such as enteral syringes. One of the main product launches in the market is the launch of ENFit nasogastric tubes by FirmlyMedical for enteral nutrition in the UK. Hence, such factors are positively impacting the market. It also includes an in-depth analysis of drivers, trends, and challenges. Our market trends and analysis report examines historic data from 2018 - 2022, besides analyzing the current market scenario.
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Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
ALCOR Scientific: The company offers SENTINELplus Enteral Feeding Pump with dual display and simple alarms.
Amsino International Inc., Applied Medical Technology Inc., Avanos Medical Inc., B.Braun SE, Becton Dickinson and Co., Boston Scientific Corp., Canafusion Technologies Inc., Cardinal Health Inc., Conmed Corp., Cook Group Inc., Danone SA, Fresenius SE and Co. KGaA, HMC Premedical Spa, Medela AG, Medline Industries LP, Moog Inc., Shenzhen Bestman Instrument Co. Ltd., Trendlines Group Ltd., and Vygon SAS
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The hospital segment is estimated to witness significant growth during the forecast period. One of the main end-users of the market are the hospitals which serve as a significant setting for the use of devices. There is an increasing need for nutritional support for patients in ICUs, surgical wards, and other specialized units due to their medical conditions and the need for patient monitoring. In addition, it is used extensively for patients who are unable to ingest food orally due to circumstances including trauma or surgery to get essential nutrients and drugs.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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