Enteral Syringe Market to Surpass US$ 885 Million by 2026 - Coherent Market Insights

Published On : Dec 27, 2018

The Global Enteral Syringe Market, by Product Type (Single Use Enteral Syringes, Home Use Enteral Syringes, Catheter Tip Syringes, and Others), by Application (Cancer, Malnutrition, Neurological Disease, GI Related Disease, and Others), by Patient Group (Neonates and Pediatrics and Adults),  by End User (Hospitals and Ambulatory Care Centers and Home-based users), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 575.6 million in 2017 and is projected to exhibit a CAGR of 4.9% over the forecast period (2018 – 2026), as highlighted in a new report published by Coherent Market Insights.

Enteral syringes are commonly used in hospitals, clinics, and homes and are available in range of 1ml to 60 ml. Enteral syringes come with purple plunger, which indicates that the medication in the syringe must be administered via enteral route and this color separate these syringes from IV syringes. These syringes are utilized for various purpose such for precise measurement of medicine that is administered to patient in situation where dose cannot be accurately measured using a medicine cup or spoon. These syringes are also used to administer medicine to infants (especially prematurely born) and young children and for administration of nutritional contents to ICU patients. These syringes are available in different types such as single use syringes, oral reusable syringe, and home use syringes. Newly launched enteral syringes are designed and manufactured to meet latest international standard ISO-80369-3.

Increasing number of neonatal admissions to NICU, high prevalence of chronic diseases, and increasing geriatric population worldwide are expected to propel growth of the global enteral syringe market during the forecast period. According to World Health Organization’s report: Born Too Soon: The Global Action Report on Preterm Birth, published in 2012, 1.1 million premature infants die, annually and however, 75 % could survive with simple treatments such as feeding them nutrition and medications in time. According to same source, around 15 million infants are born annually, of which more than one in every 10 infants are born prematurely.

Key players in the market are focused on launching ENFit design-based enteral syringes as per new guidelines initiated by Global Enteral Device Supplier Association (GEDSA) and other key stakeholder under Stay Connected in 2015. ENFit designs help to reduce incidences of misconnections incidence, thereby offering enhanced safety while using enteral syringes. In February 2017, Baxter International Inc. launched new enteral ENFit syringe and accessory line for patients requiring tube feeding. Baxter’s new enteral ENFit syringes are designed to improve patient safety during enteral nutrition (EN) therapy by preventing misconnections or wrong-route administration that can cause severe patient injury.

 Furthermore, merger and acquisition strategies adopted by key market players are also expected to boost the market growth. For instance, in March 2017, GBUK Group Ltd announced acquisition of Intervene Group Ltd that resulted in additions of Intervene’s enteral devices products such as Enteralok, Surety, ENFit Dash3, NRFit Dash6, and BP cuff product ranges to the GBUK Group portfolio.

Browse 25 Market Data Tables and 30 Figures spread through 165 Pages and in-depth TOC on “Enteral Syringe Market - by Product Type (Single Use Enteral Syringes, Home Use Enteral Syringes, Catheter Tip Syringes, and Others), by Application (Cancer, Malnutrition, Neurological Disease, GI Related Disease, and Others), by Patient Group (Neonates and Pediatrics and Adults),  by End User (Hospitals and Ambulatory Care Centers and Home-based User), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Global forecast to 2026”

To know the latest trends and insights prevalent in the enteral syringe market, click the link below:

https://www.coherentmarketinsights.com/market-insight/enteral-syringe-market-2398

Key Takeaways of the Enteral Syringe Market:

  • The global enteral syringe market is expected to exhibit a CAGR of 4.9% over the forecast period, owing to increasing prevalence of chronic diseases, increasing number of hospital admissions, high rate of premature birth, and increasing geriatric population
  • Among product type, single use enteral syringes segment is expected to hold a dominant position in the market during the forecast period. This is owing to increasing number of ICU admissions, high nutritional needs amongst these patients, and adoption of safe practices related to usage of enteral syringes.
  • Among application, cancer augment is expected to hold dominant position in the market, owing to increasing prevalence of cancer worldwide. Among patient group, adults segment is expected to hold dominant position in the market. Among end user, hospitals and ambulatory care centers segment is expected to hold dominant position in the market.
  • North America is expected to hold dominant position in market, followed by Europe and Asia Pacific. The U.S. has high incidence rate of chronic diseases such as cancer, neurological disorder (Alzheimer’s disease and others) and hospital admissions related to this disease. For instance, according to a study published by the George Washington University School of Public Health and Health Services in the journal Academic Emergency Medicine in 2013, 50% increase in patient admission to emergency department was recorded, compared to 2002-03 in the U.S. According to European Union’s factsheet 2017, around 19% of the population in Europe was aged 65 years and above in 2016.
  • Asia Pacific is expected to witness significant growth in the market, owing to increasing prevalence of premature birth and sick infants that require enteral feeding after birth.
  • Key players operating in the global enteral syringe market include, B. Braun Melsungen AG, GBUK Enteral Ltd., Thermo Fischer, Inc., Koninklijke Philips N.V., Miktell Ltd., Baxter International, Inc., Cardinal Health, Inc., Terumo Corporation, Kentec Medical, Inc., Vygon S.A., and others.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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