Global Enteral Feeding Devices Market Outlook, 2020-2027 - Enteral Feeding Pumps Market Set to Reach $1.6 Billion by 2027, Despite COVID-19 Challenges

DUBLIN, May 28, 2020 /PRNewswire/ -- The "Enteral Feeding Devices - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

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Amid the COVID-19 crisis and the looming economic recession, the Enteral Feeding Devices market worldwide will grow by a projected US$1.3 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 5.5%.

Enteral Feeding Pumps, one of the segments analyzed and sized in this study, is forecast to grow at over 5.7% and reach a market size of US$1.6 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Enteral Feeding Pumps market will be reset to a new normal which going forward in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 4.4% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$39.9 Million to the region's size over the next 7 to 8 years. In addition, over US$39.5 Million worth of projected demand in the region will come from Rest of the European markets. In Japan, the Enteral Feeding Pumps segment will reach a market size of US$71.7 Million by the close of the analysis period.

Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Enteral Feeding Devices market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 9.2% over the next couple of years and add approximately US$355.4 Million in terms of addressable market opportunity.

Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Enteral Feeding Devices market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Key Topics Covered

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

    --  Impact of COVID-19 and a Looming Global Recession
    --  Enteral Feeding Devices: Providing Nutrition, Hydration and Medication
        through Enteral Route
    --  Recent Market Activity
    --  Need to Provide Assisted Nutritional Support to Patients Drives Growth
        in the Enteral Feeding Devices Market
    --  Developed Markets Continue to Lead the Global Enteral Feeding Devices
        Market
    --  Developing Regions to Spearhead Future Market Gains
    --  Enteral Feeding Pumps: The Largest & Fastest Growing Product Category
    --  Technological Advancements Spearheading Growth
    --  Unique Enteral Feeding Connectors to Reduce Risk of Tubing
        Misconnections
    --  IDC Develops Innovative Enteral Feeding Device
    --  Fidmi Medical Develops New Low-Profile PEG Device
    --  The BUDDY Button: A Low-Profile Gastrostomy Device for Reliable
        Transabdominal Fixation
    --  Regulations Promote Adoption of Premium-Priced Safety Devices
    --  ISO 80369 Standards for Small-Bore Connector
    --  ENFit - The New ISO Standard Enteral Feeding Connecting System
    --  Replacements Offer Potential Growth Opportunities
    --  Competitive Landscape
    --  Select Enteral Feeding Pumps Available in the Market
    --  Multinationals Target Emerging Markets - The New Hotspots for Growth
    --  Global Competitor Market Shares
    --  Enteral Feeding Devices Competitor Market Share Scenario Worldwide (in
        %): 2018 & 2029

2. FOCUS ON SELECT PLAYERS

    --  ALCOR Scientific, Inc. (USA)
    --  Amsino International, Inc. (USA)
    --  Applied Medical Technology, Inc. (USA)
    --  B. Braun Melsungen AG (Germany)
    --  Boston Scientific Corporation (USA)
    --  C. R. Bard, Inc. (USA)
    --  Caesarea Medical Electronics Ltd. (Germany)
    --  Cook Medical, Inc. (USA)
    --  CONMED Corporation (USA)
    --  Fresenius KABI AG (Germany)
    --  Halyard Health, Inc. (USA)
    --  Medela LLC (USA)
    --  Medtronic plc (USA)
    --  Moog, Inc. (USA)
    --  Nestl Health Science S.A. (Switzerland)
    --  Nutricia Advanced Medical Nutrition (The Netherlands)
    --  VYGON S.A. (France)

3. MARKET TRENDS & DRIVERS

    --  Increase in Healthcare Spending Bodes Well for Market Growth
    --  Aging Demographics to Propel Demand for Enteral Feeding Devices
    --  Global Aging Population Statistics - Opportunity Indicators
    --  Rising Incidence of Cancer and Central Nervous System Diseases Foster
        Growth
    --  World Cancer Statistics: Incidence and Mortality Data
    --  Growing Number of Pediatric Crohn's Disease Patients Fuels Demand for
        Enteral Feeding Devices
    --  Rising Number of Premature Births: Rising Demand for Enteral Feeding
        Devices
    --  Preterm Birth Statistics from WHO
    --  Diabetes Mellitus: A Chronic Condition Driving Demand for Enteral
        Feeding Devices
    --  Global Diabetic Statistics - Opportunity Indicators
    --  Unrelenting Threat of HIV/AIDS Infection: An Opportunity for Enteral
        Feeding Devices Market
    --  A Peek at Global HIV Statistics
    --  Shift towards Home-based Enteral Therapy to Fuel Enteral Feeding Devices
        Market
    --  Favorable Clinical Findings Strengthen Market Prospects for Enteral
        Nutrition
    --  Preference for Enteral Therapy over Parenteral Nutrition Bodes Well for
        Enteral Feeding Devices Market
    --  Advantages and Disadvantages of Enteral Nutrition over Parenteral
        Nutrition
    --  Enteral Nutrition Therapy in Treatment of Adult Malnutrition Presents
        Growth Opportunities
    --  Sustained Adoption of Low-Profile Feeding Tubes Fuels Growth
    --  MIC-KEY Low-Profile Gastrostomy Feeding Tube Leads the Market
    --  Studies State Feeding Tubes Place Pediatric Patients at Risk of Stomach
        Fistulas
    --  ASPEN Advices against Use of Gastrostomy Tubes for Near End-of-Life
        Patients
    --  Electromagnetic Placement Device for Enteral Feeding Tubes Lowers
        Financial Burden and Nursing Times

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

    --  Total Companies Profiled: 35

For more information about this report visit https://www.researchandmarkets.com/r/br8t17

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