Due to increasing incidences of chronic conditions, the enteral feeding devices market is steadily growing. Parenteral Nutrition (PN) or Enteral Nutrition (EN) is a system of delivering nutritional solutions intravenously to a patient. Enteral nutrition is used when a patient’s gastrointestinal tract is not functional. This form of nutrition is also referred as tube feeding, which delivers food directly to the patient’s stomach or small intestine. Enteral nutrition can occur inside the hospital or at home. EN solutions contain water, amino acids, glucose, lipids, vitamins, or any other substances which help to meet the patient’s nutritional requirements.
Growing Demand for Enteral Nutrition (EN)
Enteral feeding devices are flexible tubes or pumps which are connected directly to the stomach or small intestine and provide medication, nutrition, or hydration to the patient. An increasing prevalence of chronic conditions worldwide has increased the demand for EN. Enteral feeding devices help in the management of various medical conditions such as organ system failure, neurological conditions, gastrointestinal diseases, and hypermetabolism. Due to the growing awareness about the benefits of enteral nutrition (EN), the demand for enteral feeding devices is increasing.
The enteral feeding devices market is driven by factors such as an increasing geriatric population, rising cases worldwide of preterm birth, global percentage change in the world’s population by age, and advancements in technology. However, high incidences of health complications arising from the use of feeding devices and strict reimbursement policies restrain the growth of the market.
Growth in the enteral feeding devices market will be observed in the future, and it is anticipated to largely stem from new emerging markets in developing economies. Technological advancements resulting from strong research and development will also help to create enteral nutrition (EN) feeding devices which have low complication rate. This in turn will support the growth of the market.
Segmentation of Market – Product Types and Stages
The EN nutrition feeding devices market is segmented on the basis of stages/age groups and product types.
Types of Products
Tube feeding or enteral nutrition (EN) market comprises various products which are low profile gastrostomy devices, percutaneous endoscopic gastrostomy (PEG) kits, nasogastric tubes, enteral feeding pumps, giving sets, G-tubes, and enteral syringes. A market intelligence company has forecasted that enteral feeding pumps will be the fastest-growing device type in the market and will grow at a rate of 6.1% CAGR during the period 2011 to 2018. Low profile nasogastric tube devices sector will experience growth at a CAGR of 5.4%, while low profile gastrostomy tube devices will grow at a 5.5% CAGR in the coming few years.
The enteral feeding devices market, according to stages, is divided into two age groups, namely, pediatric and adult population. Children or pediatric patients with suboptimal nutrition diet are provided with enteral nutrition (EN) using feeding devices. EN feeding devices and formulations used for treatment of adult patients are different from that used for pediatric enteral nutrition (EN). Elderly population worldwide is more susceptible to chronic conditions. These conditions sometimes can render the patient unable for oral feeding; in such a case, tube feeding provides an alternative.
Trends in the Enteral Nutrition (EN) Feeding Devices Market
The global enteral nutrition (EN) feeding devices market, geography-wise, is categorized into four zones which are Europe, North America, Asia Pacific, and Rest of the World. The dominating players in the market in 2012 were North America and Europe. Together, these two zones accounted for 67% of the total market revenue. The increasing elderly population in Europe and North America together with the cost benefits of home enteral nutrition (EN) will further fuel demand for enteral feeding devices in the coming few years. However, Asia Pacific is the fastest emerging market for enteral nutrition (EN) feeding devices.
The global enteral feeding devices market in relation to key players is highly fragmented. The key market players in the global enteral nutrition (EN) feeding devices market are Covidien Plc, C. R. Bard Inc., Fresenius Kabi AG, Nestle HealthCare Nutrition Inc., Applied Medical Technology, and others.
According to market estimates, the global enteral feeding devices market is projected to grow at a 6.2% CAGR between 2013 and 2019 and will likely reach a market value of USD 3,102.0 million by 2019.