Huge Surge in NG Tubes and Giving/Extension Sets Due to COVID-19 Pandemic to Witness Exceptional Growth in Global Enteral Feeding Devices Market and Leads to Surpass 100 Million Units by 2026
Monday 12 Oct 2020
Industry Experts, Inc. unveiled the new market research "Enteral Feeding Devices – A Global Market Overview". As per this global report, Impact of the COVID-19 pandemic on global enteral feeding devices will vary from device to device and country to country. Demand for enteral feeding pumps, nasogastric tubes and giving/extension sets has increased robustly due to overwhelming ICU admissions of critically ill COVID-19 patients.
The impact of COVID-19 pandemic on global enteral feeding devices market is expected to differ in intensity depending on the device type. Sharpest declines would be expected in demand for PEG/J Kits, Low-Profile Devices and Gastrointestinal Tubes, due to cancelled or delayed elective procedures and delay in tube replacements. On the other hand, demand for Feeding Pumps, Nasointestinal Tubes and Giving/Extension Sets is forecast to witness robust gains during 2019-2020, due to the extra demand created from COVID-19 related ICU admissions.
The Enteral Feeding Devices product types market analyzed in this report includes Feeding Pumps, PEG/J Kits, Low-Profile Devices, Gastrointestinal Tubes, Nasointestinal Tubes and Giving/Extension Sets. Demand for Feeding Pumps across the globe is expected to record a robust y-o-y growth of over 14% in terms of both volume and value in 2020, followed by Giving/Extension Sets and Nasointestinal Tubes. The overall global market for Enteral Feeding Devices is expected to exceed 100 million by 2026.
The report reviews, analyses and projects the Enteral Feeding Devices market for global and the regional markets including the North America, Europe, Asia-Pacific, South America and Middle East & Africa for the period 2017-2026 in terms of unit volumes and value in USD. These regional markets further analyzed for 23 independent countries across North America – the United States, Canada, and Mexico; Europe – France, Germany, Italy, Russia, Spain and the United Kingdom; Asia-Pacific – Australia, China, India, Japan, South Korea and Taiwan; South America – Argentina, Brazil, Chile, Ecuador and Peru; and Middle East & Africa – Saudi Arabia, South Africa and Turkey.
This 244 page global Enteral Feeding Devices market report includes 216 charts (includes a data table and graphical representation for each table), supported with a meaningful and easy to understand graphical presentation, of the market. This report profiles 12 key global players and 52 major players across the North America – 19; Europe – 13; Asia-Pacific – 15; South America – 2; and Middle East & Africa – 3. The report also provides the listing of the companies engaged in research & development, manufacturing and supply of Enteral Feeding Devices. The global list of companies covers addresses, contact numbers and the website addresses of 82 companies.
California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.
For more details, please visit: https://industry-experts.com/verticals/healthcare-and-pharma/enteral-feeding-devices-a-global-market-overview