Enteral Feeding Devices Market Size, Share & Trends Analysis Report By Product (Giving Set, Enteral Feeding Pump), By Age Group (Adults, Pediatrics), By Indication (Alzheimer’s, Nutrition Deficiency), By End-use, By Region, And Segment Forecasts, 2024 - 2030

Research Methodology

A three-pronged approach was followed for deducing the enteral feeding devices market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for enteral feeding devices market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of enteral feeding devices market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Enteral Feeding Devices Market Categorization:

The enteral feeding devices market was categorized into five segments, namely product (Giving Set, Enteral Feeding Pump, Percutaneous Endoscopic Gastrostomy Device, Low Profile Gastrostomy Device, Nasogastric Tube, Gastrostomy Tube), age group (Adults, Pediatrics), indication (Alzheimer’s, Nutrition Deficiency, Cancer Care, Diabetes, Chronic Kidney Diseases, Orphan Diseases, Dysphagia, Pain Management, Malabsorption/GI Disorder/Diarrhea), end-use (Hospitals, Home Care),  and regions (North America, Europe, Asia Pacific, Latin America, Middle East & Africa).

Segment Market Methodology:

The enteral feeding devices market was segmented into product, age group, indication, end-use, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The enteral feeding devices market was analyzed at a regional level. The global was divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into twenty-five countries, namely, the U.S.; Canada; the UK.; Germany; France; Spain; Italy; Sweden; Norway; Denmark; Russia; Japan; China; India; South Korea; Australia; Thailand; Singapore; Brazil; Mexico; Argentina; South Africa; UAE; Saudi Arabia; Kuwait.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Enteral feeding devices market companies & financials:

The enteral feeding devices market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• CONMED Corporation, based in the U.S., is a medical device company engaged in providing surgical devices and equipment used for minimally invasive procedures. Its products are used by surgeons and physicians of multiple specialties, including general surgery, orthopedics, gynecology, neurosurgery, gastroenterology, and thoracic surgery. The company has segmented its products into orthopedic and general surgery. The general surgery segment offers a range of products in areas of endoscopic technologies and advanced surgical & critical care. Its products are distributed directly as well as through medical specialty distributors to hospitals, surgery centers, and other healthcare institutions. The company has global operations in countries such as Australia, the UK, Germany, India, Japan, and China.

• BD (C.R. Bard) designs, manufactures, packages, distributes, & sells surgical, medical, patient care, and diagnostic devices. The company offers life-enhancing medical technologies in the areas of urology & oncology and vascular & surgical specialty products to hospitals, individual healthcare professionals, extended care facilities, and alternate site facilities. It has multiple divisions, including Bard Peripheral Vascular, Inc.; Bard Access Systems, Inc.; Bard Biopsy System; Davol, Inc.; Bard LAPAC; Bard Medical Division; and Liberator Medical Supply, Inc. Its international manufacturing & distribution facilities are located in Mexico, Malaysia, Germany, France, Belgium, China, and Korea. 

• COOK is a division of the Cook Group, based in the United States. It is majorly involved in manufacturing medical devices. The company develops, distributes, and manufactures minimally invasive surgery devices. The company has three verticals—Allied Manufacturing, Cook Medical, and Affiliates. The first few products of the company were catheters, guidewires, and needles. Cook Medical specializes in 41 medical specialties, including cardiothoracic surgery, burn surgery, general surgery, neurosurgery, peripheral cardiology, and pediatric cardiology. The company is present in various areas like Europe and the Middle East & Africa.

• Boston Scientific Corporation designs, manufactures, and markets a wide range of medical devices used in different medical interventional therapies. The company has seven core businesses—interventional cardiology, endoscopy, rhythm management, peripheral interventions, urology & pelvic health, electrophysiology, and neuromodulation. As of December 2018, the company had nine international manufacturing facilities—two in Costa Rica, three in Ireland, one in Brazil, one in Switzerland, one in Malaysia, and one in Puerto Rico. Moreover, it has R&D facilities in Ireland, China, Puerto Rico, Costa Rica, Germany, and India. The company markets its products and solutions in 130 countries globally.

• AMWAY is an American company that is involved in the selling & manufacturing of beauty, nutritional, personal care, and home health products. The company holds more than 900 patents, and in the past seven years, it invested about USD 335 million into R&D and manufacturing facilities. It has a geographic presence in Mexico, South & Central America, North America, Europe, MEA, and Asia Pacific regions.

• Fresenius Kabi AG, a German organization, is a subsidiary of Fresenius SE & Co. KGaA, a global healthcare group. Fresenius SE & Co. KGaA has independent business segments, including Fresenius Kabi, Fresenius Vamed, Fresenius Medical Care, and Fresenius Helios. It has a presence in over 100 countries. It operates in various segments like IV drugs, clinical nutrition, medical devices/transfusion technology, and infusion therapy. The company is involved in supplying transfusion technology products and medical devices. Its clinical nutrition segment includes products focusing on enteral nutrition, parenteral nutrition, and infusion disposables.

• DANONE Medical Nutrition operates through four business segments—Essential Dairy & Plant-based products, Waters, Early Life Nutrition, and Advanced Medical Nutrition. The company markets and sells its products in more than 120 countries across the globe. It manages the Nutricia Research segment that consists of expert teams engaged in technology, food, and life sciences research. The company’s advanced medical nutrition has a presence in 40 countries, including the U.S., the UK, Argentina, Australia, Finland, Denmark, Germany, and Greece

• Kimberly-Clark spun off its healthcare business in 2014, which resulted in the formation of Halyard Health. Halyard Health (Avanos Medical, Inc.) is a medical technology company engaged in providing products and solutions used in respiratory health, digestive health, and IV therapies. It sells its products & services in over 100 countries and has manufacturing facilities in around 11 countries

• B. Braun Melsungen AG manufactures and sells healthcare solutions. It offers healthcare solutions for emergency care, surgical products, extracorporeal blood treatments, anesthesia, and intensive care units. It provides services and products to hospitals & private clinics. The company has a geographic presence in North America, South America, Europe, Asia Pacific, and Africa.

• Avanos Medical, Inc., headquartered in the U.S., offers solutions for pain management, including acute pain, digestive health, respiratory health, and IV therapy. The company distributes its products in over 90 countries. It operates eight medical device manufacturing facilities globally.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

Enteral Feeding Devices Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2023, historic information from 2018 to 2022, and forecast from 2024 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Enteral Feeding Devices Market Report Assumptions:

• The report provides market value for the base year 2023 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.