According to a new market study by Contrive Datum Insights (CDI), the global market for intestinal feeding devices is projected to increase significantly in value between 2021 and 2028
According to the US National Library of Medicine National Institutes of Health, more than 1 million cases of stomach cancer are diagnosed each year. Adverse effects of the disease include indigestion, nausea and abdominal pain, which make it difficult to eat properly.
As bowel feeding devices help deliver food, either orally or directly through the small intestine, the demand for these devices is increasing with the number of cases. In addition to stomach cancer, the increasing incidence of irritable bowel syndrome (IBS), pulmonary infections, diverticulitis and hemorrhoids also positively affects the demand for enteric feeding devices.
Similarly, the growing number of geriatric populations is also increasing the demand for enteric feeding devices. The high prevalence of chronic disorders in the aging population makes it difficult to consume food, thus requiring the adoption of intestinal feeding devices.
“While hospitals remain a lucrative end-use unit, manufacturers are focusing on meeting growing demand in home environments while maintaining optimal prices,” said the CDI analyst.
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Purchase of Enteral Feeding devices – Key Takeaways
- The global intestinal supply market will expand with a healthy CAGR of 6.6% by 2028 and will increase the previous valuation of 6 billion US dollars.
- Among applications, oncology is expected to lead to the majority of demand for devices as food consumption naturally becomes burdensome due to chemotherapy sessions.
- Feed pumps are expected to remain the most sought after types of products, gaining traction among more than 6 of the 10 healthcare providers worldwide.
- The nasolacrimal ducts are prominent among healthcare facilities because of their effectiveness in providing nutrients to patients with neurological disorders, dementia and lateral sclerosis.
- Although hospitals remain the top end users, the home care department is projected to account for a significant share of the market value.
Purchase of Enteral Feeding devices – Key Trends
- COVID-19 is expected to catalyze the growth of the market as a result of the infection, which includes the patient’s ability to consume solid foods, thus claiming medical professionals to provide intestinal nutrition.
- With the weight of intestinal feeding devices being a major constraint, manufacturers are now focusing on developing lightweight products to turn constraint into opportunity.
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Purchase of Enteral Feeding devices – Regional analysis
- North America and Europe are expected to represent cumulatively 70% of the total market value, while the former holds 40% of the share.
- The dominance of these areas is attributed to favorable medical policies and the strong presence of market participants.
- Asia-Pacific is projected to grow significantly due to rising healthcare costs, the presence of a large number of patients and an increasing number of premature births.
Purchase of Enteral Feeding devices – competitive landscape
The main market players active 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 participants focus on developing innovative low-weight products to increase portability.
In these lines, Infinity Feeding Pumps released the Zevex EnteraLite Infinity Feeding Pump, which weighs less than one kilogram.
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Purchase of Enteral Feeding devices – Classification
- Intestinal supply pumps
- Intestinal supply tubes
Enterostomy feeding tubes
- Typical pipes
- Typical gastrostomy tubes
- Standard Jejunostomy tubes
- Typical Gastrojejunostromy tubes
- Low profile pipes
- Low profile gastrostomy tubes
- Low profile Jejunostomy tubes
- Nanoenteric feed tubes
- Nanogastric feeding tubes
- Nasojejunal supply pipes
- Nasoduodenal supply pipes
- Oroenteric supply pipes:
- Management set
- Intestinal syringes
- Neurological disorders
- End user
- Special clinics
- Ambulance Surgical Centers
- Homecare settings
- North America
- Latin America
- east asia
- South Asia
- Middle East & Africa
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