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COVID-19 Impacts: Enteral Feeding Devices Market Will Accelerate at a CAGR of Over 6% Through 2020-2024 | Growing Number of Strategic Alliances to Boost Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the enteral feeding devices market and it is poised to grow by USD 1.07 billion during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please request the Latest Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

What is the year-over-year growth of the enteral feeding devices market in 2020?

Technavio says that the year-over-year growth of the market is 5.80% in 2020.

At what rate is the market projected to grow during the forecast period 2020-2024?

Growing at a CAGR of over 6%, the market growth will accelerate in the forecast period of 2020-2024.

What is the key factor driving the market?

The growing number of strategic alliances.

Who are the top players in the market?

Abbott Laboratories, Avanos Medical Inc., B. Braun Melsungen AG, Becton, Dickinson and Co., Boston Scientific Corp., Cardinal Health Inc., CONMED Corp., Cook Group Inc., Fresenius SE & Co. KGaA, and Nestlé SA. are the top players in the market.

Which region is expected to hold the highest market share?

North America.

What is the major trend for the enteral feeding devices market?

Increasing demand for wireless enteral feeding devices.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Abbott Laboratories, Avanos Medical Inc., B. Braun Melsungen AG, Becton, Dickinson and Co., Boston Scientific Corp., Cardinal Health Inc., CONMED Corp., Cook Group Inc., Fresenius SE & Co. KGaA, and Nestlé SA. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

A growing number of strategic alliances have been instrumental in driving the growth of the market. However, the risks and complications associated with enteral feeding might hamper market growth.

Enteral Feeding Devices Market 2020-2024: Segmentation

Enteral Feeding Devices Market is segmented as below:

Product

Accessories

Enteral Pumps

Geographic Landscape

Asia

Europe

North America

ROW

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Enteral Feeding Devices Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our enteral feeding devices market report covers the following areas:

Enteral Feeding Devices Market size

Enteral Feeding Devices Market trends

Enteral Feeding Devices Market industry analysis

This study identifies the increasing demand for wireless enteral feeding devices as one of the prime reasons driving the enteral feeding devices market growth during the next few years.

Enteral Feeding Devices Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the enteral feeding devices market, including some of the vendors such as Abbott Laboratories, Avanos Medical Inc., B. Braun Melsungen AG, Becton, Dickinson and Co., Boston Scientific Corp., Cardinal Health Inc., CONMED Corp., Cook Group Inc., Fresenius SE & Co. KGaA, and Nestlé SA. Backed with competitive intelligence and benchmarking, our research reports on the enteral feeding devices market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Enteral Feeding Devices Market 2020-2024: Key Highlights

CAGR of the market during the forecast period 2020-2024

Detailed information on factors that will assist enteral feeding devices market growth during the next five years

Estimation of the enteral feeding devices market size and its contribution to the parent market

Predictions on upcoming trends and changes in consumer behavior

The growth of the enteral feeding devices market

Analysis of the market’s competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of enteral feeding devices market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

2.1 Preface

2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

Market ecosystem

Market characteristics

Value chain analysis

Market segmentation analysis

PART 04: MARKET SIZING

Market definition

Market sizing 2019

Market size and forecast 2019-2024

Market outlook

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers

Bargaining power of suppliers

Threat of new entrants

Threat of substitutes

Threat of rivalry

Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

Market segmentation by product

Comparison by product

Accessories – Market size and forecast 2019-2024

Enteral pumps – Market size and forecast 2019-2024

Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation

Geographic comparison

North America – Market size and forecast 2019-2024

Europe – Market size and forecast 2019-2024

Asia – Market size and forecast 2019-2024

ROW – Market size and forecast 2019-2024

Key leading countries

Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

Market drivers

Market challenges

PART 11: MARKET TRENDS

Growing number of strategic alliances

Increasing demand for wireless enteral feeding devices

Guidelines for designing and manufacturing enteral devices

PART 12: VENDOR LANDSCAPE

Overview

Landscape disruption

Competitive scenario

PART 13: VENDOR ANALYSIS

Vendors covered

Vendor classification

Market positioning of vendors

Abbott Laboratories

Avanos Medical Inc.

B. Braun Melsungen AG

Becton, Dickinson and Co.

Boston Scientific Corp.

Cardinal Health Inc.

CONMED Corp.

Cook Group, Inc.

Fresenius SE & Co. KGaA

Nestlé SA

PART 14: APPENDIX

Research methodology

List of abbreviations

Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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