Enteral Feeding Devices Market Is Growing At a CAGR of 5.8% From 2021

Food is ingested via the gastrointestinal (GI) tract in enteral feeding. The mouth, esophagus, stomach, and intestines make up the gastrointestinal tract. Nutrition received by mouth or through a tube that travels straight to the stomach or small intestine is referred to as enteral feeding. The phrase enteral feeding is most commonly used in the medical field to refer to tube feeding.


In 2020, the global Enteral Feeding Devices Market is predicted to be worth US$ 3,260.6 million, with a CAGR of 5.8 percent during the forecast period (2020-2027). The rise in the prevalence of chronic diseases such as cancer and neurological disorders is one of the primary factors driving the market's growth. Furthermore, rising enteral nutrition usage, an aging population, and an increase in malnutrition cases are likely to raise market revenue and propel the enteral feeding devices market forward. 


However, the market's growth is hampered by tight government regulations and inadvertent tube dislodgment, which results in accidental impairments and deaths. On the other hand, the creation of innovative products with significant market potential in undeveloped emerging economies is likely to generate lucrative market growth prospects. Because of the increasing number of product approvals and launches by key competitors in the industry, the enteral feeding devices market is likely to increase significantly over the forecast period.


Furthermore, the COVID-19 pandemic is posing significant difficulties to competitors in the global enteral feeding devices market on a number of fronts. The availability of raw materials necessary for manufacturing enteral feeding devices is a serious difficulty due to transportation facility inconsistencies. Furthermore, due to an increase in the number of patients suffering from COVID-19 and other life-threatening conditions, product distributors are experiencing erratic demand from retailers.


Cook Group, Abbott Laboratories, Cardinal Health, Inc., Boston Scientific Corporation, CONMED Corporation, Amsino International Inc., and Applied Medical Technology are the major key players in the Enteral Feeding Devices Market.

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