Asia-Pacific Enteral Feeding Devices Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.80 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Asia-Pacific Enteral Feeding Devices Market Analysis
The Asia-Pacific Enteral Feeding Devices Market is expected to grow with a CAGR of 6.8% in the forecast period. The factors that are responsible for the growth of the market include increasing population of geriatrics, higher immature births, growing adoption of enteral nutrition, and higher prevalence of chronic diseases.
Difficulties in nutrition and digestion are very common in old age. As an alternative to conventional nutrition, enteral feeding is administered to elderly patients who have difficulty in swallowing, digestion, and assimilation. The global population is aging at a faster pace due to reduced birth rates and increasing life expectancy. According to the World Economic Forum, one-third population of Japan is aged over 65 years. There are 2.3 billion people above 70 years of age. According to the Ministry of Strategy and Finance, Statistics Korea, in 2019, there were approximately 7.7 million people aged 65 years old and above in South Korea. With the increasing prevalence of the eople who are in need for devices for feeding boosts the market growth.
Asia-Pacific Enteral Feeding Devices Market Trends
This section covers the major market trends shaping the APAC Enteral Feeding Devices Market according to our research experts:
The Oncology Segment is Expected to Grow Fastest during the Forecast Period
The major factor driving the growth of the oncology segment is the rising prevalence of cancer in the region. Cancer treatment causes many complications and side effects in patients, including mucositis sores in the mouth, difficulty in chewing and swallowing solid food, and altered saliva level, making it difficult to swallow. Cancer patients suffer from severe weight loss, as they cannot take proper food, resulting in a shortage of nutrition in the body. According to the estimates of Globocan 2018, there were likely to be 1,157,294 new cases of cancer in India. It has been observed that breast, lip, oral cavity, cervical, and lung cancers are the major types of cancers in India. Oral cancer is the most common type of cancer in men and breast cancer is in women. Thus, the presence of a huge patient pool is likely to create tremendous opportunities for the market.
Asia-Pacific Enteral Feeding Devices Industry Overview
The Aisa-Pacific Enteral Feeding Devices Market is competitive with the presence of global as well as local players. The global enterprises are competing with each other on various fronts, such as the introduction of new products, increasing geographical penetration, and enhancing distribution channels. The high competition is expected to drive the merger and acquisition activities, thereby leading to market consolidation, in a few business segments.
Asia-Pacific Enteral Feeding Devices Market Leaders
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Abbott Laboratories
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B. Braun Melsungen AG
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Boston Scientific Corporation
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Conmed Corporation
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Becton, Dickinson and Company
*Disclaimer: Major Players sorted in no particular order
Asia-Pacific Enteral Feeding Devices Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Growing Geriatric population and Increasing Utilization in Long Term Care Facilities
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4.2.2 Increasing Number of Premature Births
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4.2.3 Rising Prevalence of Chronic Diseases
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4.3 Market Restraints
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4.3.1 Complications Associated with Enteral Feeding Tubes
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4.3.2 Healthcare Reimbursement Issues
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product Type
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5.1.1 Enteral Feeding Pumps
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5.1.2 Enteral Feeding Tubes
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5.1.3 Other Product Types
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5.2 By Age Group
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5.2.1 Adults
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5.2.2 Pediatrics
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5.3 By End-User
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5.3.1 Hospitals
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5.3.2 Ambulatory Care Services
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5.3.3 Other End Users
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5.4 By Application
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5.4.1 Oncology
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5.4.2 Gastroenterology
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5.4.3 Diabetes
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5.4.4 Neurological Disorders
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5.4.5 Hypermetabolism
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5.4.6 Other Applications
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5.5 Geography
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5.5.1 Asia-Pacific
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5.5.1.1 China
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5.5.1.2 Japan
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5.5.1.3 India
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5.5.1.4 Australia
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5.5.1.5 South Korea
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5.5.1.6 Rest of Asia-Pacific
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Abbott Laboratories
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6.1.2 B. Braun Melsungen AG
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6.1.3 Boston Scientific Corporation
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6.1.4 Becton, Dickinson and Company
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6.1.5 Conmed Corporation
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6.1.6 Cook Medical Inc.
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6.1.7 Medtronic PLC
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Asia-Pacific Enteral Feeding Devices Industry Segmentation
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 through devices, such as tubes and pumps. Enteral feeding tubes and pumps and other devices facilitate the process. It is used for people with functional GI tract, who are not able to ingest foods orally to meet their nutrient demand.
| By Product Type | |
| Enteral Feeding Pumps | |
| Enteral Feeding Tubes | |
| Other Product Types |
| By Age Group | |
| Adults | |
| Pediatrics |
| By End-User | |
| Hospitals | |
| Ambulatory Care Services | |
| Other End Users |
| By Application | |
| Oncology | |
| Gastroenterology | |
| Diabetes | |
| Neurological Disorders | |
| Hypermetabolism | |
| Other Applications |
| Geography | ||||||||
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Asia-Pacific Enteral Feeding Devices Market Research FAQs
What is the current Asia-Pacific Enteral Feeding Devices Market size?
The Asia-Pacific Enteral Feeding Devices Market is projected to register a CAGR of 6.80% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Enteral Feeding Devices Market?
Abbott Laboratories, B. Braun Melsungen AG, Boston Scientific Corporation, Conmed Corporation and Becton, Dickinson and Company are the major companies operating in the Asia-Pacific Enteral Feeding Devices Market.
What years does this Asia-Pacific Enteral Feeding Devices Market cover?
The report covers the Asia-Pacific Enteral Feeding Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Enteral Feeding Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia-Pacific Enteral Feeding Devices Industry Report
Statistics for the 2023 Asia-Pacific Enteral Feeding Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Enteral Feeding Devices analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
