Hospital Supplies are the basic commodities required in the hospital to effectively examine, diagnose, and treat the disease or injury of patients. Adult Feeding Tubes and Formula are used to provide nutrition directly into the gastrointestinal tract for patients who are unable to consume enough food or meet their nutritional demands orally. GlobalData uses proprietary data and analytics to provide a comprehensive report on the adult feeding tubes and formula market in the US. Buy the latest report here.
In 2023, GlobalData’s Market Model methodology determined that the leading player in the adult feeding tubes and formula market in the US was Nestle HealthCare Nutrition followed by Abbott Laboratories, Cook Medical, Cardinal Health, Boston Scientific, F. Hoffmann-La Roche, Avanos Medical, Becton Dickinson and Co, Kate Farms, Applied Medical Technology, Moss Tubes and Nutritional Me.
Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
Adult Feeding Tubes are used in patients for a large variety of reasons including (but not limited to) neurological problems leading to difficulty swallowing, certain heart conditions, and certain types of cancer. Adult Feeding Formula is a mixture of nutrients available either in powder or liquid form, which is administered to a patient via feeding tube to provide nutrition.
The adult feeding tubes and formula market in the US can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
For the latest analysis of the market size adult feeding tubes and formula in the US, buy the report here.
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