Healthcare Industry Updates Enteral Feeding Devices Market

Enteral Feeding Devices Market
Enteral feeding is indicated in patients who cannot ingest adequate amounts of calories, but have
sufficient gastrointestinal function to allow digestion and absorption of feeding solutions delivered into
the gastrointestinal tract via an enteral feeding device. The report analyzes the market by product, age
group, application, end user, and region. The market for enteral feeding devices saw a healthy growth in
the past few years.
What the market looks like?
The global enteral feeding devices market is projected to reach USD 3.19 Billion by 2022 from USD 2.39
Billion in 2017, growing at a CAGR of 6.0%. North America holds the largest share of this market.
Based on product, the enteral feeding pumps segment accounted for the largest of the market in 2016.
This can be attributed to the low risk of complications associated with the use of feeding pumps,
enhanced portable pump designs, and the increasing use of pumps in home care settings.
Based on age group, the market is segmented into adults and pediatrics. The large share of the adults
segment can be attributed to the increasing incidence and prevalence of chronic diseases like cancer,
diabetes, neurological disorders, and inflammatory bowel syndrome that result in malnutrition along
with the rapid rise in the aging population.
On the basis of application, the oncology segment dominated the market in 2016. The increasing
incidence and prevalence of various cancers across the globe is increasing the cases of malnutrition, this,
in turn, is propelling the growth of this segment.
Based on end user, the market has been segmented into hospitals, home care settings, and ambulatory
care settings. In 2016, the hospitals segment accounted for the largest share of the market. The high
uptake of these devices for treating undernourished patients that may have impaired immunity, wound
healing, and muscle strength in hospitals contribute to its high share.
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What Driving the Market Growth?
The growth of the global market for enteral feeding devices is primarily influenced by the following
factors:
1. Growth in the Geriatric Population
2. Increasing Prevalence of Chronic Diseases
3. Growing Demand for Enteral Feeding Devices in the Homecare Sector
Geographical Growth Scenario Of Enteral Feeding Devices Market: