The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s enteral feeding devices market report forecasts the enteral feeding devices market size to grow to $5.4 Billion by 2027, with a CAGR (compound annual growth rate) of almost 7%.

Learn More On The Enteral Feeding Devices Market Report 2023 – https://www.thebusinessresearchcompany.com/report/enteral-feeding-devices-global-market-report

Enteral Feeding Devices Market Size Forecast
The global enteral feeding devices market is expected to grow from $3.86 billion in 2022 to $4.13 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The enteral feeding devices market size is expected to grow to $5.4 billion in 2027 at a CAGR of 6.9%.

North America held the largest enteral feeding devices market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Enteral Feeding Devices Market Driver ­– Increase In The Number Of Preterm Births
For example, in June 2020, according to the data from the International Journal of Gynecology and Obstetrics, the global preterm birth rate accounted for about 11% of the total, and annually there were approximately 15 million preterm births. The deaths are mostly due to preterm birth, and 18% of the deaths are of babies under 5 years of age. Therefore, the surge in the number of these preterm births drives the enteral feeding device market.

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Key Enteral Feeding Devices Market Trend – Technological Advancement
Enteral feeding devices are used to provide nutritional needs by tube feedings. Many companies are launching new advanced and efficient products in the enteral feeding devices market. For instance, in May 2021, the Israel based enteral feeding devices company ENvizion Medical developed a feeding tube navigation system for accurate enteral tube placement in adult patients consisting of an electro-mechanical device with embedded software and enteral feeding tubes. The ENvue system creates a personalized body map of patients, which thus allows medical staff to precisely place the tube in the stomach or small intestine through the oral or nasoenteric route.

Enteral Feeding Devices Market Segment
1) By Product: Enteral Feeding Tubes, Enteral Feeding Pumps, Administration Sets, Enteral Syringes, Other Consumables
2) By Application: Oncology, Gastrointestinal Diseases, Neurological Disorders, Diabetes, Other Applications
3) By End User: Hospitals, Home Care Settings, Ambulatory Care Settings, Other End-Users

Enteral Feeding Devices Market Major Players and Strategies
Major players in the enteral feeding devices market are Fresenius Kabi AG, Nestle SA, Moog Inc., B.Braun Melsungen AG, Cardinal Health Inc., Danone, Conmed Corporation, Cook Medical, Becton Dickinson and Company, Abbott Laboratories, Boston Scientific, Vygon Group, Amsino International Inc., Applied Medical Technology, Avanos Medical, Fidmi Medical, Vesco Medical, LLC, Dynarex Corporation, Medela Inc., Alcor Scientific, Kimberly-Clark Corporation, Intervene Group Limited, Technopath, Biometrix, Thomas Magnete GmbH, Halyard Health and Medtronic.

In January 2022, ICU Medical Inc., a US-based manufacturer of disposable medical connection systems, acquired Smiths Group plc for an undisclosed amount. The acquisition will enable ICU Medical to expand on a company culture that adds value via responsibility, operating transparently, making prompt choices based on all available information, and maintaining a laser-like focus on satisfying the demands of customers. Smiths Group plc is a UK-based company specialising in enteral feeding devices.

The Enteral Feeding Devices Global Market Report 2023 covers regional data on enteral feeding devices market size, enteral feeding devices market trends and drivers, opportunities, strategies, and enteral feeding devices market competitor analysis. The countries covered in the enteral feeding devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Enteral feeding devices are used to provide nutrition by tube feedings through the gastrointestinal (GI) tract. An enteral feeding device is a medical device that is used by people who are unable to take their food by mouth, are unable to swallow safely, or need nutritional supplementation such as bedridden people, cancer patients, neurological disorder patients and severely ill patients even at home that helps them in feeding.

View More Reports Related To The Enteral Feeding Devices Market –
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