The Enteral Feeding Devices Market to Hit $4.85 Billion Revenue Opportunities by 2029, North America to Lead the Industry Growth - Exclusive Focus Insight Report by Arizton
28 Feb 2024
CHICAGO, Feb. 28, 2024 /PRNewswire/ -- According to Arizton's latest focus insight report, the enteral feeding devices market is growing at a CAGR of 5.77% during 2023-2029.
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Global Enteral Feeding Devices Market - Focused Insights 2024 - 2029
The Global Enteral Feeding Devices Market Report Scope
North America is the largest revenue contributor for the global Enteral Feeding Devices market (2023). The global enteral feeding devices market is fragmented, with many global, regional, and local players offering diverse enteral feeding pumps, feeding tubes, and related accessories/consumables. The highly competitive market is dominated by Avanos Medical, Applied Medical Technology, B. Braun Melsungen, Boston Scientific, Cardinal Health, Cook Medical, Danone Nutricia, Fresenius Kabi, Nestlé, and Vygon. Key players are pursuing organic and inorganic growth strategies such as product bundling, acquisition, geographic expansions, product portfolio enhancement, and contract agreements with end-users to garner a larger market share.
Competition in the global enteral feeding devices market is fierce, with many global, regional, and local vendors vying for market share. These vendors offer a wide array of enteral pumps, feeding pumps, and related accessories, leading to intense competition primarily centered around pricing, design, quality, and materials used in manufacturing. Local manufacturers often undercut their global counterparts, offering enteral feeding tubes and accessories at lower prices, providing customers with diverse choices. This competitive landscape is expected to further intensify due to decreasing average selling prices (ASPs) of enteral feeding devices. Many players focus on producing lower-priced feeding tubes and accessories, drawn by high profit margins and relatively low barriers to entry. The aggressive marketing tactics employed by local and regional vendors drive pricing pressures and stalling growth rates in both volume and revenue for global players. Consequently, this intense competition and pricing pressure are poised to impact sales volumes and profit margins, particularly for global players, thus influencing the overall market growth of enteral feeding devices globally.
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Product Segmentation & Forecast
Product
Enteral Feeding Pumps
Enteral Feeding Tubes
Accessories & Consumables
Adults
Pediatrics
End-user
Hospitals
Ambulatory Care Facilities
Homecare Settings
Application
Oncology
Gastro-enterology
Neurology
Cardiology & Pulmonology
Others
Vendors List
Fresenius Kabi
Applied Medical Technology
B Braun Mulsungen
Nestle A/S
Cardinal Health
Cook Medical
Abbott
Danone Nutricia
BD
CONMED
ERENLER MEDIKAL
GBUK ENTERAL
MOOG
Jiangsu Kangjin Medical Instrument
Samtronic
SECUREMED
SILMAG
TROGE MEDICAL
Wuhan W.E.O. Science & Technology Development
Key Questions Answered in the Report:
What is the projected growth of the enteral feeding devices market?
What factors are driving the growth of the enteral feeding devices market?
What are the key segments within the enteral feeding devices market?
Why is the demand for enteral nutrition particularly high among cancer patients?
Table of Contents
CHAPTER – 1: Enteral Feeding Devices Market Overview
Executive Summary
Key Findings
CHAPTER – 2: Enteral Feeding Devices Market
GLOBAL: Projected Revenue of Enteral Feeding Devices Market (2020-2029; $Millions)
CHAPTER – 3: Enteral Feeding Devices Market Segmentation Data
GLOBAL: Projected Revenue by Product (2020-2029; $Millions)
Enteral Feeding Pumps
Enteral Feeding Tubes
Accessories & Consumables
GLOBAL: Projected Revenue by Patient Group (2020-2029; $Millions)
Adults
Pediatrics
GLOBAL: Projected Revenue by End-user (2020-2029; $Millions)
Hospitals
Ambulatory Care Facilities
Homecare Settings
GLOBAL: Projected Revenue by Application (2020-2029; $Millions)
Oncology
Gastro-enterology
Neurology
Cardiology & Pulmonology
Others
CHAPTER – 4: Key Regions Overview
North America: Projected Revenue of Enteral Feeding Devices Market (2020-2029; $Millions)
Projected Revenue of Enteral Feeding Devices Market in US
Projected Revenue of Enteral Feeding Devices Market in Canada
Europe: Projected Revenue of Enteral Feeding Devices Market (2020-2029; $Millions)
Projected Revenue of Enteral Feeding Devices Market in Germany
Projected Revenue of Enteral Feeding Devices Market in France
Projected Revenue of Enteral Feeding Devices Market in UK
Projected Revenue of Enteral Feeding Devices Market in Italy
Projected Revenue of Enteral Feeding Devices Market in Spain
APAC: Projected Revenue of Enteral Feeding Devices Market (2020-2029; $Millions)
Projected Revenue of Enteral Feeding Devices Market in Japan
Projected Revenue of Enteral Feeding Devices Market in China
Projected Revenue of Enteral Feeding Devices Market in India
Latin America: Projected Revenue of Enteral Feeding Devices Market (2020-2029; $Millions)
Projected Revenue of Enteral Feeding Devices Market in Brazil
Projected Revenue of Enteral Feeding Devices Market in Mexico
Projected Revenue of Enteral Feeding Devices Market in Argentina
Middle East & Africa: Projected Revenue of Enteral Feeding Devices Market (2020-2029; $Millions)
Projected Revenue of Enteral Feeding Devices Market in Turkey
Projected Revenue of Enteral Feeding Devices Market in South Africa
Projected Revenue of Enteral Feeding Devices Market in Saudi Arabia
CHAPTER – 5: Enteral Feeding Devices Market Prospects & Opportunities
Enteral Feeding Devices Market Opportunities & Trends
Enteral Feeding Devices Market Drivers
Enteral Feeding Devices Market Constraints
CHAPTER – 6: Enteral Feeding Devices Industry Overview
Enteral Feeding Devices Market - Competitive Landscape
Enteral Feeding Devices Market – Key Vendor Profiles
Enteral Feeding Devices Market – Other Prominent Vendors
Enteral Feeding Devices Market - Key Strategic Recommendations
CHAPTER – 7: Appendix
Research Methodology
Abbreviations
About Arizton
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Arizton's Expertise in the Healthcare Industry
Arizton offers syndicate and custom market intelligence & competitive intelligence solutions across MedTech, pharmaceuticals, and life sciences & biotechnology markets within the healthcare industry. Arizton's healthcare vertical provides unbiased research and evidence-based analysis to support business decisions and comprehensive end-to-end solutions to its customers, covering all dimensions of the healthcare value chain. We track various devices (equipment, implants, and hospital supplies) and drugs (patented, generic, & OTC) across North America, Europe, APAC, Latin America, and the Middle East & Africa regions. The healthcare reports provide historic and forecast data for 20+ key countries worldwide. We track product approvals/launches, M&A activities, and collaboration/partnership activities among pharma/biotech, medical device, and life sciences companies. Our pharmaceutical portfolio tracks 15+ therapy areas with a major focus on immunology, oncology, rare & genetic diseases, dermatology, and metabolic diseases. Our medical devices and life sciences portfolio covers in-vitro diagnostics, healthcare IT, patient monitoring, cardiovascular devices, medical imaging, personal protective equipment, clinical laboratory services, and CMO/CDMO services.
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