Industry Background:
Enteral nutrition is a method of delivering food or medication directly to the stomach or intestines. Enteral feeding devices are commonly used to feed elderly or bedridden patients with chronic diseases such as neurological disorders, cancer, gastrointestinal, and congenital metabolic diseases. It is the preferred way of feeding to parenteral nutrition since enteral nutrition avoids complications such as infections, sepsis, liver, and gallbladder disorders and is often associated with parenteral nutrition. Enteral nutrition is the condition and type of patient depending on the different tubes carried out. Healthcare providers choose the best way to insert enteral feeding tubes into the patient's body. Enteral nutrition is usually common in newborns and infants because they are unable to swallow food themselves. With the worldwide rise in Covid-19 infections, there is a growing concern about the lack of life-saving equipment and other important medical aids to prevent the spread of this pandemic and provide the best possible care. Until the development of pharmacological treatment, ventilators are an important treatment preference for COVID-19 patients who may need intensive care.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Abbott Laboratories (United States), Fresenius Kabi (Germany), Cardinal Health (United States), Applied Medical (United States), Danone Nutricia Research (Netherlands), Nestle (Switzerland), Halyard Health (United States), Cook Medical (United States) and B. Braun (Germany) |
This growth is primarily driven by Rising Number of Pre-Term Births, Rise in Adoption of Enteral Feeding Products as They Cause Lesser Side Effects and An Upsurge in Geriatric Population across the World.
Globally, a noticeable market trend is evident Increase In Prevalence of Chronic Disorders Such As Cancer, Gastrointestinal Disorders, and Neurological Disorders
Major Players, such as Abbott Laboratories (United States), Fresenius Kabi (Germany), Cardinal Health (United States), Applied Medical (United States), Danone Nutricia Research (Netherlands), Nestle (Switzerland), Halyard Health (United States), Cook Medical (United States) and B. Braun (Germany), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Key Developments in the Market:
In September 2023 Cardinal Health announced today 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.
In May 2022 announced that the U.S. District Court for the Western District of Michigan has amended the recent consent decree allowing Abbott to release limited quantities of its EleCare® specialty amino acid-based formulas that were previously on hold following the Feb. 17 recall of some powder infant formulas from its Sturgis, Mich., facility. The consent decree was amended at the request of Abbott and the U.S.
Influencing Trend:
Increase In Prevalence of Chronic Disorders Such As Cancer, Gastrointestinal Disorders, and Neurological Disorders and Increase in the Incidence of Malnutrition and Premature Birth Cases
Market Growth Drivers:
Rising Number of Pre-Term Births, Rise in Adoption of Enteral Feeding Products as They Cause Lesser Side Effects and An Upsurge in Geriatric Population across the World
Challenges:
Lack of Awareness about the Enteral Feeding Tubes in Under Developed Regions
Restraints:
Stringent Governmental Regulations and Inadvertent Dislodgment of Tubes Leading To Accidental Disabilities and Deaths
Opportunities:
The Development of Technology Advanced Feeding Products and Increasing Number of Enteral Feeding Tubes Market Players
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Enteral Feeding Tube Market
- Analysis about New Entrants in Enteral Feeding Tube Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Enteral Feeding Tube Study Sheds Light on
The Enteral Feeding Tube Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Enteral Feeding Tube industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Enteral Feeding Tube industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.