The Global Enteral Feeding Devices Market was valued at $5.9billion in 2018 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2026, culminating in 2026 global sales of $8.5billion.
Enteral Feeding Devicesis done by passing a tube into the duodenum or stomach through the nose which is called nasogastric feeding. It is a surgical operation known as jejunostomy and gastrostomy feeding. Enteral Feeding is a method of maintaining or improving nutritional status in patients unable to take sufficient nutrition orally that feeding tubes require routine flushing of water to maintain tube provide and patency adequate hydration, enteral feeding products are supplied in ready to hang bottles, and enteral nutrition is preferred over parenteral nutrition because it is safer for the patient and has shown less risk of infection. The enteral feeding device isa classification of duration that long term feeding usually administrated as jejunostomy and gastrostomy tubes and short term feeding usually administrated as nasojejunal, nasoduodenal, and nasogastric tubes.
“Optimal Price Point (OPP) for Enteral Feeding Devices”
Estimated Average device/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On average, in the China Enteral Feeding Devices materials are available at USD xxx- USD xxxx. However, high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.
Enteral Feeding Devices Market by “key product categories”
We have segmented the Enteral Feeding Devices market alloy based on key product categories are Giving Sets, Enteral Feeding Pumps, Gastrostomy Tubes, Low Profile Gastrostomy Devices, Percutaneous Endoscopic Gastrostomy Devices,and Nasogastric Tubes.
We have observed the significant growth of Enteral Feeding Devices market by enteral feeding pumps key product categorieswhichdominate the market in terms of revenue. Enteral feeding pumps are their different advantages that make it more likely patient will receive the full amount of formula, limits feeding time, so the patient is free to ambulate, inexpensive and easy administration, enteral pumps not required, and more physiologic. Enteral feeding pump is simple to use precision and easily programmed to deliver continuous or intermittent feeding. Enteral feeding pumps can provide automatic flushing capability and used to kangaroo ePump enteral pump feed and flush sets.
UK, Germany, France, Italy, and Spain accounted for the maximum revenue share of over xx% in 2018 due to increased demand of Enteral Feeding Devices materials followed by EU- Top 5 countries contribute $X.6 Billion in 2018 and expected to reach $x.5 Billion by 2026.
The rapid growth of diseases in the human body& awareness among people regarding health concernand availability of diagnosis materials inenteral feeding pumpscreate an impact in developing countries for the demand of Advance technology in Enteral Feeding Devices.
“Competitive Landscape” and“Merger & Acquisition Insights”
The key market participants include Cook Medical., Danone, Nestle, C.R. Bard, Moog Inc., Fresenius Kabi, Covidien Plc, Amsino International Inc., and Boston Scientific Corporation, are few major players in Enteral Feeding Devices markets. TheEnteral Feeding Devices market is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from thisinnovation& new product development are a major focus area for dominant companies.
Enteral Feeding Devices Market by key product categories (Revenue, Million, 2018 – 2026)
- Giving Sets
- Enteral Feeding Pumps
- Gastrostomy Tubes
- Low Profile Gastrostomy Devices
- Percutaneous Endoscopic Gastrostomy Devices
- Nasogastric Tubes
Enteral Feeding Devices Market Regional Outlook (Revenue, USD Million, 2018- 2026)
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
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