News

Healthcare

Staff Reporter

, APAC

Published:

6 months ago

Photo from Pixabay on Pexels

Enteral feeding devices market size to grow by 6.42% CAGR until 2027

The market is expected to grow by $1.36b within the forecast period.

The global enteral feeding devices market size is positioned to grow by $1.36b at a compound annual growth rate of more than 6.42% until 2027.

A report by Technavio stated that the market is expected to grow significantly, offering ample opportunities for stakeholders.

The market is driven by the increasing demand for wireless connectivity as wireless enteral feeding devices facilitate communication with different information systems, allowing their use in ambulatory and home care settings.

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The report revealed that such devices allow for safe and accurate medication delivery in intensive-care units (ICUs) whilst minimising errors, automating workflow, and reducing costs.

Meanwhile, key conditions treated include diabetes, inflammatory bowel disease, and gastrointestinal disorders among others.

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