Enteral Feeding Tube and Pump Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Enteral Feeding Tube and Pump Market covers analysis By Product (Nasoenteric Feeding Tube, Nasogastric Tubes, Gastrostomy Tube (Gastrointestinal Tubes), Suction Catheters, Tube Feed Pumps); Application (Oncology, Gastroenterology, Neurology, Diabetes, Other) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPRE00023431
  • Category : Medical Device
  • Status : Upcoming
  • No. of Pages : 150
Inquire Before Buy

PRICING

$5190

$4671

MARKET OVERVIEW

The enteral feeding device is a medical device that is utilized to provide nutrition to people who are unable to obtain nutrition by mouth. Enteral feeding refers to the intake of food through the gastrointestinal tract. Enteral feeding may make up their entire caloric intake or can be used as a supplement. These devices can be in tube or pump form. Enteral nutrition pumps and tubes deliver nutritive food directly to a patient's stomach or small intestine. Nutrition supplements such as protein, carbohydrate, minerals, vitamins, and water are required by patients suffering from chronic diseases such as diabetes and AIDS as these patients are at a high risk of malnutrition. Enteral feeding tubes and pumps find extensive applications in operation theatre (OT), intensive care unit (ICU), critical care unit (CCU), and even in-home care settings.

MARKET SCOPE

The "Global Enteral Feeding Tube and Pump Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the enteral feeding tube and pump market with detailed market segmentation by product, application, and geography. The report provides key statistics on the market status of the leading enteral feeding tube and pump market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •  Based on product, the global enteral feeding tube and pump market is segmented into nasoenteric feeding tube, nasogastric tubes, gastrostomy tube (gastrointestinal tubes), suction catheters and tube feed pumps.
  •  On the basis of application, the market is bifurcated into oncology, gastroenterology, neurology, diabetes and other.

MARKET DYNAMICS
Drivers

  •  The rising prevalence of chronic diseases such as AIDS, cancer, and neurological disorders drive the enteral feeding tube and pump market growth.
  •  Increasing demand for home enteral nutrition treatments coupled with increasing geriatric demographic as older patients mostly prefer receiving enteral nutrition treatment at home is likely to boost the market growth.
  •  Technological advancements in enteral nutrition pumps, such as safety features in feeding pumps, user-friendly and portable ones, fuel the market growth.
  •  Growing awareness among the consumers and a growing number of people suffering from malnutrition propel the market growth.

Restraints

  •  Complications related with enteral nutritious food delivery such as gastrointestinal complications, diarrhea, and many more.
  •  Lack of proper reimbursement policies.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The enteral feeding tube and pump market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the enteral feeding tube and pump market in these regions.

IMPACT OF COVID-19 ON ENTERAL FEEDING TUBE AND PUMP MARKET

COVID-19 first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries regarding confirmed cases and reported deaths. Due to the COVID-19 outbreak, there was a significant impact on the enteral feeding tube and pump market. The shutdown of major sectors of the economy disrupted the product manufacturing and supply chain. However, the use of enteral feeding tubes, especially in-home care settings, is set to surge owing to the pandemic. And as the number of cases is surging, it has led to the need to improve patient care and provide nutritional support to patients affected by the virus. It led to increased adoption of enteral feeding tubes and pumps to meet patients' nutritional needs without visiting hospitals. As a result, the pandemic will have a positive impact on the market in the future.

World Geography

Have a question?

Analyst

Akshay

Akshay will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst   Speak to Analyst
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The enteral feeding tube and pump market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the enteral feeding tube and pump market in these regions.

IMPACT OF COVID-19 ON ENTERAL FEEDING TUBE AND PUMP MARKET

COVID-19 first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries regarding confirmed cases and reported deaths. Due to the COVID-19 outbreak, there was a significant impact on the enteral feeding tube and pump market. The shutdown of major sectors of the economy disrupted the product manufacturing and supply chain. However, the use of enteral feeding tubes, especially in-home care settings, is set to surge owing to the pandemic. And as the number of cases is surging, it has led to the need to improve patient care and provide nutritional support to patients affected by the virus. It led to increased adoption of enteral feeding tubes and pumps to meet patients' nutritional needs without visiting hospitals. As a result, the pandemic will have a positive impact on the market in the future.

MARKET PLAYERS

The report covers key developments in the enteral feeding tube and pump market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from enteral feeding tube and pump market are anticipated to have lucrative growth opportunities in the future with the rising demand for enteral feeding tube and pump in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the enteral feeding tube and pump market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •  Abbott
  •  Halyard Health
  •  Boston Scientific
  •  B. Braun
  •  Avanos
  •  C. R. Bard
  •  Becton ,Dickinson and Company
  •  Conmed
  •  Cardinal Health
  •  Nestle

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Enteral Feeding Tube And Pump Market - By Product
1.3.2 Enteral Feeding Tube And Pump Market - By Application
1.3.3 Enteral Feeding Tube And Pump Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. ENTERAL FEEDING TUBE AND PUMP MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. ENTERAL FEEDING TUBE AND PUMP MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. ENTERAL FEEDING TUBE AND PUMP MARKET - GLOBAL MARKET ANALYSIS
6.1. ENTERAL FEEDING TUBE AND PUMP - GLOBAL MARKET OVERVIEW
6.2. ENTERAL FEEDING TUBE AND PUMP - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. ENTERAL FEEDING TUBE AND PUMP MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. NASOENTERIC FEEDING TUBE
7.3.1. Overview
7.3.2. Nasoenteric Feeding Tube Market Forecast and Analysis
7.4. NASOGASTRIC TUBES
7.4.1. Overview
7.4.2. Nasogastric Tubes Market Forecast and Analysis
7.5. GASTROSTOMY TUBE (GASTROINTESTINAL TUBES)
7.5.1. Overview
7.5.2. Gastrostomy Tube (Gastrointestinal Tubes) Market Forecast and Analysis
7.6. SUCTION CATHETERS
7.6.1. Overview
7.6.2. Suction Catheters Market Forecast and Analysis
7.7. TUBE FEED PUMPS
7.7.1. Overview
7.7.2. Tube Feed Pumps Market Forecast and Analysis
8. ENTERAL FEEDING TUBE AND PUMP MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ONCOLOGY
8.3.1. Overview
8.3.2. Oncology Market Forecast and Analysis
8.4. GASTROENTEROLOGY
8.4.1. Overview
8.4.2. Gastroenterology Market Forecast and Analysis
8.5. NEUROLOGY
8.5.1. Overview
8.5.2. Neurology Market Forecast and Analysis
8.6. DIABETES
8.6.1. Overview
8.6.2. Diabetes Market Forecast and Analysis
8.7. OTHER
8.7.1. Overview
8.7.2. Other Market Forecast and Analysis

9. ENTERAL FEEDING TUBE AND PUMP MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Enteral Feeding Tube And Pump Market Overview
9.1.2 North America Enteral Feeding Tube And Pump Market Forecasts and Analysis
9.1.3 North America Enteral Feeding Tube And Pump Market Forecasts and Analysis - By Product
9.1.4 North America Enteral Feeding Tube And Pump Market Forecasts and Analysis - By Application
9.1.5 North America Enteral Feeding Tube And Pump Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Enteral Feeding Tube And Pump Market
9.1.5.1.1 Canada Enteral Feeding Tube And Pump Market by Product
9.1.5.1.2 Canada Enteral Feeding Tube And Pump Market by Application
9.1.5.2 Mexico Enteral Feeding Tube And Pump Market
9.1.5.2.1 Mexico Enteral Feeding Tube And Pump Market by Product
9.1.5.2.2 Mexico Enteral Feeding Tube And Pump Market by Application
9.1.5.3 US Enteral Feeding Tube And Pump Market
9.1.5.3.1 US Enteral Feeding Tube And Pump Market by Product
9.1.5.3.2 US Enteral Feeding Tube And Pump Market by Application
9.2. EUROPE
9.2.1 Europe Enteral Feeding Tube And Pump Market Overview
9.2.2 Europe Enteral Feeding Tube And Pump Market Forecasts and Analysis
9.2.3 Europe Enteral Feeding Tube And Pump Market Forecasts and Analysis - By Product
9.2.4 Europe Enteral Feeding Tube And Pump Market Forecasts and Analysis - By Application
9.2.5 Europe Enteral Feeding Tube And Pump Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Enteral Feeding Tube And Pump Market
9.2.5.1.1 Germany Enteral Feeding Tube And Pump Market by Product
9.2.5.1.2 Germany Enteral Feeding Tube And Pump Market by Application
9.2.5.2 France Enteral Feeding Tube And Pump Market
9.2.5.2.1 France Enteral Feeding Tube And Pump Market by Product
9.2.5.2.2 France Enteral Feeding Tube And Pump Market by Application
9.2.5.3 Italy Enteral Feeding Tube And Pump Market
9.2.5.3.1 Italy Enteral Feeding Tube And Pump Market by Product
9.2.5.3.2 Italy Enteral Feeding Tube And Pump Market by Application
9.2.5.4 Spain Enteral Feeding Tube And Pump Market
9.2.5.4.1 Spain Enteral Feeding Tube And Pump Market by Product
9.2.5.4.2 Spain Enteral Feeding Tube And Pump Market by Application
9.2.5.5 United Kingdom Enteral Feeding Tube And Pump Market
9.2.5.5.1 United Kingdom Enteral Feeding Tube And Pump Market by Product
9.2.5.5.2 United Kingdom Enteral Feeding Tube And Pump Market by Application
9.2.5.6 Rest of Europe Enteral Feeding Tube And Pump Market
9.2.5.6.1 Rest of Europe Enteral Feeding Tube And Pump Market by Product
9.2.5.6.2 Rest of Europe Enteral Feeding Tube And Pump Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Enteral Feeding Tube And Pump Market Overview
9.3.2 Asia-Pacific Enteral Feeding Tube And Pump Market Forecasts and Analysis
9.3.3 Asia-Pacific Enteral Feeding Tube And Pump Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Enteral Feeding Tube And Pump Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Enteral Feeding Tube And Pump Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Enteral Feeding Tube And Pump Market
9.3.5.1.1 Australia Enteral Feeding Tube And Pump Market by Product
9.3.5.1.2 Australia Enteral Feeding Tube And Pump Market by Application
9.3.5.2 China Enteral Feeding Tube And Pump Market
9.3.5.2.1 China Enteral Feeding Tube And Pump Market by Product
9.3.5.2.2 China Enteral Feeding Tube And Pump Market by Application
9.3.5.3 India Enteral Feeding Tube And Pump Market
9.3.5.3.1 India Enteral Feeding Tube And Pump Market by Product
9.3.5.3.2 India Enteral Feeding Tube And Pump Market by Application
9.3.5.4 Japan Enteral Feeding Tube And Pump Market
9.3.5.4.1 Japan Enteral Feeding Tube And Pump Market by Product
9.3.5.4.2 Japan Enteral Feeding Tube And Pump Market by Application
9.3.5.5 South Korea Enteral Feeding Tube And Pump Market
9.3.5.5.1 South Korea Enteral Feeding Tube And Pump Market by Product
9.3.5.5.2 South Korea Enteral Feeding Tube And Pump Market by Application
9.3.5.6 Rest of Asia-Pacific Enteral Feeding Tube And Pump Market
9.3.5.6.1 Rest of Asia-Pacific Enteral Feeding Tube And Pump Market by Product
9.3.5.6.2 Rest of Asia-Pacific Enteral Feeding Tube And Pump Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Enteral Feeding Tube And Pump Market Overview
9.4.2 Middle East and Africa Enteral Feeding Tube And Pump Market Forecasts and Analysis
9.4.3 Middle East and Africa Enteral Feeding Tube And Pump Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Enteral Feeding Tube And Pump Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Enteral Feeding Tube And Pump Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Enteral Feeding Tube And Pump Market
9.4.5.1.1 South Africa Enteral Feeding Tube And Pump Market by Product
9.4.5.1.2 South Africa Enteral Feeding Tube And Pump Market by Application
9.4.5.2 Saudi Arabia Enteral Feeding Tube And Pump Market
9.4.5.2.1 Saudi Arabia Enteral Feeding Tube And Pump Market by Product
9.4.5.2.2 Saudi Arabia Enteral Feeding Tube And Pump Market by Application
9.4.5.3 U.A.E Enteral Feeding Tube And Pump Market
9.4.5.3.1 U.A.E Enteral Feeding Tube And Pump Market by Product
9.4.5.3.2 U.A.E Enteral Feeding Tube And Pump Market by Application
9.4.5.4 Rest of Middle East and Africa Enteral Feeding Tube And Pump Market
9.4.5.4.1 Rest of Middle East and Africa Enteral Feeding Tube And Pump Market by Product
9.4.5.4.2 Rest of Middle East and Africa Enteral Feeding Tube And Pump Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Enteral Feeding Tube And Pump Market Overview
9.5.2 South and Central America Enteral Feeding Tube And Pump Market Forecasts and Analysis
9.5.3 South and Central America Enteral Feeding Tube And Pump Market Forecasts and Analysis - By Product
9.5.4 South and Central America Enteral Feeding Tube And Pump Market Forecasts and Analysis - By Application
9.5.5 South and Central America Enteral Feeding Tube And Pump Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Enteral Feeding Tube And Pump Market
9.5.5.1.1 Brazil Enteral Feeding Tube And Pump Market by Product
9.5.5.1.2 Brazil Enteral Feeding Tube And Pump Market by Application
9.5.5.2 Argentina Enteral Feeding Tube And Pump Market
9.5.5.2.1 Argentina Enteral Feeding Tube And Pump Market by Product
9.5.5.2.2 Argentina Enteral Feeding Tube And Pump Market by Application
9.5.5.3 Rest of South and Central America Enteral Feeding Tube And Pump Market
9.5.5.3.1 Rest of South and Central America Enteral Feeding Tube And Pump Market by Product
9.5.5.3.2 Rest of South and Central America Enteral Feeding Tube And Pump Market by Application

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. ENTERAL FEEDING TUBE AND PUMP MARKET, KEY COMPANY PROFILES
11.1. ABBOTT
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. HALYARD HEALTH
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BOSTON SCIENTIFIC
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. B. BRAUN
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. AVANOS
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. C. R. BARD
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. BECTON ,DICKINSON AND COMPANY
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. CONMED
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. CARDINAL HEALTH
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. NESTLE
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1.Abbott
2.Halyard Health
3.Boston Scientific
4.B. Braun
5.Avanos
6.C. R. Bard
7.Becton ,Dickinson and Company
8.Conmed
9.Cardinal Health
10.Nestle

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Enteral Feeding Tube and Pump Market