Enteral Feeding Pump Market Scope
Enteral feeding is a long established practice across pediatric and adult populaces, to enhance nutritional intake and inhibit malnutrition. Despite recognition of the significance of nutrition within the modern health agenda, estimation of the efficacy of how such feeds are delivered is more limited. The accuracy, safety, and constancy with which enteral feed pump systems dispense nutritional formulae are vital determinants of their use and acceptability. Enteral feed pump safety has received augmented interest in recent years as enteral pumps are used across hospital and home settings.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Medtronic (Ireland), Medline Industries, Inc. (United States), Alcor Scientific Inc (United States), Amtec Medical Inc (United States), Angiodynamics (United States), B Braun Medical Inc. (United States), Baxter Healthcare (United States), Beckman Coulter Inc (United States), Cadence Science (United States) and Conmed (United States) |
CAGR | % |
Leading key players are focusing on strategic partnerships and acquisitions to improve their products and services along with focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Enteral Feeding Pump market throughout the predicted period.
Medtronic (Ireland), Medline Industries, Inc. (United States), Alcor Scientific Inc (United States), Amtec Medical Inc (United States), Angiodynamics (United States), B Braun Medical Inc. (United States), Baxter Healthcare (United States), Beckman Coulter Inc (United States), Cadence Science (United States) and Conmed (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Cook Inc (United States) and Moog Inc (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Enteral Feeding Pump market by Type , by Application (Hospitals and Diagnostic Centers, Research Laboratories, Pharma and Biotech Companies and Home Use) and Region with country level break-up.
On the basis of geography, the market of Enteral Feeding Pump has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In January, 2024 Medline, a market-leading manufacturer and supplier of medical supplies and solutions, announced the successful acquisition of United Medco, a national provider and partner of supplemental benefits and member engagement solutions. This strategic transaction marks a significant milestone in Medline’s growth of its Health Plans business by augmenting the company’s best-in-class distribution capabilities and expanding its supplemental benefit offerings.
In September, 2023 Cardinal Health announced the U.S. launch of its Kangaroo OMNI™ Enteral Feeding Pump, designed to help provide enteral feeding patients with more options to meet their personalized needs throughout their enteral feeding journey.
Influencing Trend:
Increasing Demand for User-Friendly Enteral Feeding Pump
Market Growth Drivers:
A rise in the Geriatric Population Worldwide and Growing Prevalence of Chronic Diseases
Challenges:
Inadequate Reimbursements for Enteral Nutrition and Lack of Skilled Professionals
Restraints:
Complications Related to Enteral Feeding Devices
Opportunities:
Growing Demand for Enteral Feeding Pump in the Homecare Sector and Untapped Market of Emerging Economies
Key Target Audience
Manufacturers of Enteral Feeding Pump, Suppliers of Raw Materials, Distributors and Retailers of Enteral Feeding Pump, Healthcare Industry, Governmental Bodies and Research Firms