Market Challenges And Opportunities
Global Enteral Feeding Devices Market - Drivers
- Increasing product launches by key market players: Increasing product launch by key market players operating in the market is expected to drive the market growth over the forecast period. For instance, in July 2023, Cook, a medical devices manufacturing company, launched its new Entuit Thrive Balloon Retention Gastrostomy Feeding Tube in the U.S. The new Entuit enteral feeding product line, which includes a full range of items for both gastrostomy and gastropexy procedures, includes the feeding tube.
- Increasing prevalence of dysphagia worldwide: The increasing prevalence of dysphagia around the world is expected to drive the global enteral feeding devices market over the forecast period. For instance, according to an article published in April 2022 by Springer Nature, a publishing company, the prevalence of oropharyngeal dysphagia was estimated to be 43.8% worldwide, with Africa having the highest rate at 64.2%.
| Restraints & Challenges: |
- Lack of awareness among the medical society about enteral feeding devices
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Global Enteral Feeding Devices Market: Restraint
- Lack of awareness among the medical society about enteral feeding devices: It is expected that the lack of awareness among the medical society about enteral feeding devices, can hamper the growth of the global enteral feeding devices market over the forecast period. Medical professionals must prescribe enteral feeding devices and oversee them. Although these products are becoming more popular, consumers, doctors, and pharmacists still don't fully understand them. Dieticians are typically aware of these items, but the majority of doctors and experts are not. This barrier stops physicians from recommending or implementing enteral nutrition, which may limit the market expansion. Key players are focusing on spreading awareness about enteral feeding devices, and this is expected to drive the market growth over the forecast period.
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