According to the market research report published by report buyer, the global enteral feeding devices market is expected to reach USD 2.80 billion over 2016–2021 by growing at a CAGR of 5.5%. Currently, North America is leading the market followed by Europe, Asia-Pacific, and rest of the world. Asia-Pacific and Latin America have lucrative growth prospects for the market. Among the key factors driving the growth of the market are aging population; rising prevalence of chronic diseases such as diabetes, cancer, and gastrointestinal diseases; neurological disorders; and increase in preterm births. Availability of technologically advanced and user-friendly devices is also adding to the market growth. Overall, the market is consolidated and the top five companies account for over 50% of the global market. The key players of the market are Fresenius, Boston Scientific, Halyard Health, Medtronic, B. Braun, C.R. Bard, Cook Medical, ConMed, Abbott Laboratories, and Moog.
