South Korea Feeding Tubes Market Is Set To Experience Revolutionary Growth

 

Technological advancements have led to the development of portable and compact feeding tubes, which are made using materials that prevent cracking even in high-stress applications. These advancements have fueled the growth of the feeding tube market.

Several advanced features are now being added to the feeding tube, including pressure alarm options and programmed flushing intervals. These features have helped enhance the design of such tubes to suit the needs of patients as well as healthcare providers, thereby fueling market growth.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-toc-and-sample/12688

Increase in number of premature births, increase in geriatric population, and increase in prevalence of chronic diseases are some of the conditions that have increased the use of feeding tubes, thus fueling the growth of the market. Although feeding tubes are highly cost-effective and efficient, there are many complications associated with their insertion into the body, which may lead to additional risks and increase overall healthcare costs, thereby hindering market growth.

In 2019, Fresenius Kabi expanded its plant in Aquiraz to increase the capacity of the prenatal nutrition production facility by nearly 30%. Increasing use of feeding tubes along with prenatal nutrition for preterm babies has helped to expand the feeding tube market.

The oncology segment of the feeding tube market is expected to grow during the forecast period due to the increase in the incidence of various types of cancer such as head and neck cancer, lung cancer, and gastrointestinal cancer, as feeding tubes are often used for feeding. Nutrition for cancer patients undergoing chemotherapy.

The Asia-Pacific feeding tube market is expected to grow at a favorable rate. This can be attributed to the increasing number of preterm births, increasing awareness of enteral nutrition and the development of health facilities in the region.

COVID-19 Situation:

Covid-19 has disrupted the supply chain of raw materials needed to manufacture feeding tubes in many countries. In addition, the growth of the feeding tube market is slowing as manufacturers of these medical devices curtail their production due to the pandemic. Hence, Covid 19 is expected to have a significant impact on the feeding tubes market.