Market Data Forecast

Enteral Feeding Device Manufacturers Are Adapting Innovative Technology and Methods for Patient Safety to Boost the Market Growth

The Global Enteral Feeding Devices Market is projected to reach $2.65 billion by 2021 owing to increasing geriatric population.

 

Hyderabad, India -- (SBWIRE) -- 01/26/2018 -- The report on "Enteral Feeding Devices Market by Product Type (Enteral Feeding Tubes-Nasoenteric Feeding Tubes, Oroenteric Feeding Tubes, Enterostomy Tubes; Giving Sets, Enteral Feeding Pumps, Administration Reservoirs, Enteral Syringes, Others), by Stage (Adults, Paediatrics), by Application (Gastroenterology, Neurological Disorders, Oncology, Diabetes, Hyper metabolism), by End User (Ambulatory Care Services, Hospitals, Others) and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)", is published by Market Data Forecast.

The Global Enteral Feeding Devices Market was priced $2.08 billion in 2016 and calculable to be growing at a CAGR of 4.97%, to achieve $2.65 billion by 2021, within the mentioned forecast period. The people who are suffering from medical problems such as swallowing disorders, medical specialty disorders, neurological disorders, cancer mouth malformations and digestive disorders are inclining towards Enteral feeding devices or artificial nutritional support systems. The manufactures of Enteral feeding device are starting to adopt new technology and techniques for patient safety

Browse through 178 Pages and in-depth TOC on "Enteral Feeding Devices Market "
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The growth of the world Enteral Feeding Devices Market is principally driven by factors like increase in the number of pre-term births and growth in chronic diseases such as neurologic disorders, cancer, gastrointestinal diseases, and diabetes. Rise in geriatric population coupled with technological advancements in the health care business are also adding up to the growth of the market. However, lack of Public awareness, the presence of affordable local competition, complications related to the utilization of those Enteral Feeding devices, and demanding policies for compensation in developing and underdeveloped countries are the prominent factors impeding the expansion of the market.

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The division of Global Enteral Feeding Devices market is done on the basis of Product Type, end-user, stage and application. On the source of Application, the global Enteral Feeding Devices market is categorized as Oncology, Gastroenterology, Hyper metabolism, Neurological Disorders, Diabetes. On the idea of product type, the market is divided into Enteral Feeding Pumps, Enteral Feeding Tubes, Enteral Syringes, Administration Reservoirs, Giving Sets, and Others. The segment Enteral Feeding Tubes are further subdivided into Oroenteric Feeding Tubes, Enterostomy Tubes, Nasoenteric Feeding Tubes. Among all the segments, the Enteral feeding pumps from the product type segment lead the Enteral feeding market with more than half of the share and it is also expected to be the fastest-growing, throughout the projected period. On the root of Stage, the global Enteral Feeding Devices market is classified as Adults and Paediatrics. On the idea of End User, the market is segregated into Hospitals, Ambulatory Care Services, and Others

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On the principle of geographical analysis, the worldwide Enteral feeding devices market is classified into varied regions namely Middle East and Africa, North America, Europe, Latin America, and Asia-Pacific,. North America and Europe accounted for Majority Market share owing to patient friendliness of the Enteral Feeding Devices. However, the Asia-Pacific and Latin America regions are projected to grow at a faster, because of the development of the health care business.

Some of the prominent companies dominating the Global Enteral feeding devices market are Abbott Laboratories, Nestle S.A, C. R. Bard Inc., Halyard Health Inc., and Cook Medical, Fresenius SE, Covidien PLC.

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