Market Analysis Report Global Enteral Feeding Tube Market
Enteral Feeding Tube Market will be Valued at US$
860 Million by 2023
Enteral Feeding Tube Market research report 2019 - 2023
provides the newest industry data and industry future trends,
allowing you to identify the products and end users driving
Revenue growth and profitability.
Global Enteral Feeding Tube Market Synopsis:
According to Market Analyst, The Global Enteral Feeding Tube Market is expected to grow at an
impressive Compound Annual Growth Rate (CAGR) from 2019 to 2023.
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The Enteral Feeding Tube industry has also suffered a certain impact, but still maintained a relatively
optimistic growth, the past four years, Enteral Feeding Tube market size to maintain the average annual
growth rate of 0.0603482850267 from 470.0 million $ in 2014 to 630.0 million $ in 2018, Market
analysts believe that in the next few years, Enteral Feeding Tube market size will be further expanded,
we expect that by 2023, The market size of the Enteral Feeding Tube will reach 860.0 million $.
Enteral feeding is a method of delivering nutrition or medications directly in the stomach or intestine.
Enteral feeding Tube are commonly used to feed the specialized diets in elderly or bedridden patients
suffering from chronic ailments, such as neurological disorders, cancer, gastrointestinal and inherited
metabolic diseases.
Some of the significant factors driving the growth of the Global Enteral Feeding Tube Market are
increasing prevalence of chronic diseases, rising geriatric population, rising incidence of preterm births,
growing demand for enteral feeding devices in the home care sector, and the shift from parenteral to
enteral nutrition
The Global Enteral Feeding Tube Market has been segmented on the Basis of Product type, Application
and Region. By application, the enteral feeding Tube market is segmented into oncology,
gastroenterology, diabetes, neurology, hyper metabolism, and other applications. The oncology
segment is expected to grow at the highest CAGR owing to the increasing incidence and prevalence of
cancer across the globe and the need for clinical nutrition in such patients.
Regionally, North America accounted for the largest share of the enteral feeding devices market in 2016,
followed by Europe.