DUBAI, U.A.E, Aug. 31, 2020
DUBAI, U.A.E, Aug. 31, 2020 /PRNewswire/ -- According to a new market study by Future Market Insights (FMI), the global enteral feeding devices market is forecasted to witness substantial growth in terms of value between 2020 and 2030
According to the US National Library of Medicine National Institutes of Health, over 1 Mn cases of gastric cancer cases are diagnosed every year. The negative effects of the disease include indigestion, nausea, and abdominal pain, which harden the task of consuming food properly.
As enteral feeding devices aid in administrating food, either orally or directly through the small intestine, the demand for these devices is increasing in proportion with the number of cases. In addition to gastric cancer, the increasing incidence of irritable bowel syndrome (IBS), perianal infections, diverticulitis, and hemorrhoids is also positively impacting the demand for enteral feeding devices.
Along similar lines, the burgeoning number of geriatric population is also augmenting the demand for enteral feeding devices. The high prevalence of chronic disorders in the aging population makes it arduous to consume food, thus necessitating the adoption of enteral feeding devices.
"While hospitals remain a lucrative end-use segment, manufacturers are focusing catering to the growing demand in homecare settings by maintaining the optimal prices" opines FMI analyst.
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Enteral Feeding Devices Market - Key Takeaways
Enteral Feeding Devices Market - Key Trends
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Enteral Feeding Devices Market - Regional Analysis
Enteral Feeding Devices Market - Competitive Landscape
Major market players operating in the market include ICU Medical, Boston Scientific Corporation, Fresenius Kabi, Abbott Laboratories, Cook Medical, Cardinal Health, Inc., Becton Dickinson & Company, and Dynarex Corporation among others. Market players are focusing on developing innovative products with low weight to increase portability.
On these lines, Infinity Feeding Pumps launched the Zevex EnteraLite Infinity Feeding Pump, which weighs less than one pound.
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Enteral Feeding Devices Market - Taxonomy
Enterostomy Feeding Tubes
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Get Valuable Insights into the Enteral Feeding Devices Market
Future Market Insights, in its new offering, provides an unbiased analysis of the global enteral feeding devices market , presenting historical demand data and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the enteral feeding devices market, allowing readers to glean qualitative and quantitative information which will enable them to make informed market decisions in the upcoming forecast period.
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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