Feeding Pumps Market: Introduction
• Feeding devices are also known as artificial nutritional support systems that help to deliver food to patients in intensive care units of hospitals. They are also used for feeding newborns and pediatric population.
• There is a wide range of feeding devices available in the market, such as feeding tubes, feeding pumps, administration reservoir, giving sets, and enteral syringes. Feeding pumps are commonly used for nutritional management of pediatric and adult populations. These pumps supply foods to patients to enhance their nutritional intake and prevent malnutrition.
• The global feeding pumps market is anticipated to expand at a significant pace during the forecast period, owing to the increase in prevalence rate of chronic diseases, rise in geriatric population, and surge in the number of premature births and malnutrition, especially in developing countries across the globe
• According to the U.S. Department of Health & Human Product, the U.S. will have about 72.1 million elderly people by 2030, which is more than twice the number in 2000
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Key Drivers of Global Feeding Pumps Market
• The global feeding pumps market is expected to be driven by technological developments, presence of prominent players manufacturing feeding pumps of pediatric population, and increase in demand for medical devices to improve patients’ nutritional health and wellbeing
• High incidence rate of malnutrition is one of the major factors anticipated to boost the global feeding pumps market. Malnutrition among children is increasing at a rapid pace in middle- and low-income countries across the globe
• According to the World Health Organization (WHO), in 2018, nearly 45% of deaths among children under 5 years of age were linked to undernutrition
• The Global Nutrition Report (2018) published by The United Nations Children's Fund, out of 141 countries analyzed, 88% of the countries had some form of malnutrition and 29% of the countries had high levels of malnutrition. Furthermore, 15.95 million children under 5 years of age are stunted and wasted.
• Increase in the number of gastrointestinal procedures and rise in emphasis on quality of the enteral nutrition products are likely to support the growth of the global feeding pumps market
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North America to Hold Major Share of Global Feeding Pumps Market
• North America is projected to account for a prominent share of the global feeding pumps market during the forecast period driven by the presence of prominent market players, product launches approved by the Food and Drug Administration (FDA), and rise in adoption of feeding pumps for critical care and home care
• Rise in importance of neonatal intensive care management in hospitals and increase in demand for technological advanced devices are likely to fuel the growth of the global feeding pumps market
• In January 2017, Vygon announced the launch of easymoov6, an enteral feeding pump having digital interface
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Key Players Operating in Global Feeding Pumps Market
Major players operating in the global feeding pumps market are:
• Cardinal Health
• Abbott
• Medela
• B. Braun Melsungen AG
• Fresenius Kabi AG
• Medline Industries, Inc.
• Nestlé Health Science
• Danone Nutricia
• Vygon SA
• Moog, Inc. (Zevex, Inc.)