Enteral feeding is the intake of food via the gastrointestinal tract. Nutritional supplements such as protein, carbohydrate, minerals, vitamins, and water are required by patients that suffer from chronic diseases. The administration sets are a reliable source of nutrition delivery to patients. These sets can make up the patient's entire caloric intake or be used as a supplement. These devices deliver the nutrition directly into the patient's stomach. The common medical conditions where the enteral feeding sets are used include strokes, cancer, neurological disorders, and many more.
MARKET SCOPE
The "Global Enteral Feeding Administration Sets Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the enteral feeding administration sets market with detailed market segmentation by order type, application, and geography. The report provides key statistics on the market status of the leading enteral feeding administration sets market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on order type, the global enteral feeding administration sets market is segmented into enteral feeding bag sets, enteral feeding pump giving sets, enteral feeding tubes and others.
- Based on application, the market is segmented into gastrostomy feeding, jejunostomy feeding, nasoenteric feeding and others.
MARKET DYNAMICS
Drivers:
- Increasing demand for enteral feeding in the home care settings.
- Increase in prevalence of chronic diseases.
- Growing geriatric population.
- The growing shift towards enteral nutrition.
- Rapid technological advancements in enteral feeding sets.
Restraints:
- Complications associated with enteral feeding devices.
- Patient safety risks.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The enteral feeding administration sets market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the enteral feeding administration sets market in these regions.
IMPACT OF COVID-19 ON ENTERAL FEEDING ADMINISTRATION SETS MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. Due to the COVID-19 outbreak, there was a significant impact on the enteral feeding administration sets market. The product manufacturing, supply chain, economies, and industries in various countries have been disrupted due to lockdowns, travel bans, and business shutdowns. As the cases were increasing, there has been a growing need to improve patient care and provide nutritional support to patients infected by the virus. It resulted in increased use of enteral feeding devices like feeding tubes and administration sets to meet patient's nutritional needs. Hence, the pandemic positively impacted the market's growth and is expected to favor market growth in the future.
MARKET PLAYERS
The report covers key developments in the enteral feeding administration sets market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from enteral feeding administration sets market are anticipated to have lucrative growth opportunities in the future with the rising demand for enteral feeding administration sets in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the enteral feeding administration sets market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Cardinal Health
- Abbott
- Boston Scientific
- B. Braun
- Avanos Medical
- Cook Medical
- Alcor Scientific
- Fresenius Kabi
- BD
- Nestle Health Science
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.