At 7.2% CAGR, Enteral Feeding Tube Market Size Poised to Touch USD 960 Million by 2024

Enteral feeding refers to the delivery of a nutritionally complete feed, containing protein, carbohydrate, fat, water, minerals and vitamins, directly into the stomach, duodenum or jejunum.,A feeding tube is a medical device used to provide nutrition to people who cannot obtain nutrition by mouth, are unable to swallow safely, or need nutritional supplementation.

The state of being fed by a feeding tube is called gavage, enteral feeding or tube feeding. Placement may be temporary for the treatment of acute conditions or lifelong in the case of chronic disabilities. A variety of feeding tubes are used in medical practice. They are usually made of polyurethane or silicone. The diameter of a feeding tube is measured in French units (each French unit equals 0.33 millimeters). They are classified by site of insertion and intended use.

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The classification of Enteral Feeding Tube includes Gastrostomy Tube, Nasoenteric Tube and Other Tube. And the proportion of Nasoenteric Tube in 2017 is about 63%, and the proportion is stable from 2013 to 2017.

The Enteral Feeding Tube market stands tall as one of the most proactive industry verticals, as claimed by a new research report. This research study forecasts this space to accrue substantial proceeds by the end of the projected period, aided by a plethora of driving forces that will fuel the industry  trends over the forecast duration. A gist of these driving factors, in tandem with myriad other dynamics pertaining to the Enteral Feeding Tube market, such as the risks that are prevalent across this industry as well as the growth opportunities existing in Enteral Feeding Tube market, have also been outlined in the report.

Enteral Feeding Tube is widely sales for Oncology, Gastroenterology, Neurology, Diabetes and Other. The most proportion of Enteral Feeding Tube is for Oncology, and the consumption proportion is about 36% in 2017. Diabetes is the highest growth application with average growth rate over 8%.
North America is the largest consumption place, with a consumption market share nearly 34% in 2017. Following North America, Europe is the second largest consumption place with the consumption market share of 28%.

The worldwide market for Enteral Feeding Tube is expected to grow at a CAGR of roughly 7.2% over the next five years, will reach 960 million US$ in 2024, from 630 million US$ in 2019, according to a new Research study.

This report focuses on the Enteral Feeding Tube in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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The report supplies substantial data regarding the market share that every one of these companies currently garner across this business, in tandem with the market share that they are expected to procure by the end of the forecast period. Also, the report elaborates on details pertaining to the products manufactured by each of these firms, that would help new entrants and prominent stakeholders work on their competition and strategy portfolios. Not to mention, their decision-making process is liable to get easier on account of the fact that the Enteral Feeding Tube market report also enumerates a gist of the product price trends and the profit margins of each firm in the industry.

Questions that the Enteral Feeding Tube market report answers with respect to the regional terrain of the business space:

  • The regional spectrum, as per the report, is segregated into North America, Europe, Asia-Pacific, South America & Middle East and Africa. Which among these zones is most likely to accrue the maximum market share by the end of the forecast duration?
  • How much is the sales estimates of each firm in question? Also, how strong do the revenue statistics stand pertaining to the current market scenario?
  • What exactly is the remuneration that each geography holds at present?
  • How much revenue will every region including North America, Europe, Asia-Pacific, South America & Middle East and Africa account for, by the end of the projected timeframe?
  • How much is the growth rate which each geography is estimated to depict over the estimated timeline?

Further in the Enteral Feeding Tube Market research reports, following points are included along with in-depth study of each point:

Production Analysis – Production of the Enteral Feeding Tube is analyzed with respect to different regions, types and applications. Here, price analysis of various Enteral Feeding Tube Market key players is also covered.

Sales and Revenue Analysis – Both, sales and revenue are studied for the different regions of the Enteral Feeding Tube Market. Another major aspect, price, which plays important part in the revenue generation, is also assessed in this section for the various regions.

Supply and Consumption – In continuation with sales, this section studies supply and consumption for the Enteral Feeding Tube Market. This part also sheds light on the gap between supple and consumption. Import and export figures are also given in this part.

Competitors – In this section, various Enteral Feeding Tube industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost and revenue.

Other analyses – Apart from the aforementioned information, trade and distribution analysis for the Enteral Feeding Tube Market, contact information of major manufacturers, suppliers and key consumers is also given. Also, SWOT analysis for new projects and feasibility analysis for new investment are included.

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Some of the Major Highlights of TOC covers:

Chapter 1: Methodology & Scope

Definition and forecast parameters

Methodology and forecast parameters

Data Sources

Chapter 2: Executive Summary

Business trends

Regional trends

Product trends

End-use trends

Chapter 3: Enteral Feeding Tube Industry Insights

Industry segmentation

Industry landscape

Vendor matrix

Technological and innovation landscape

Chapter 4: Enteral Feeding Tube Market, By Region

Chapter 5: Company Profile

Business Overview

Financial Data

Product Landscape

Strategic Outlook

SWOT Analysis

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