Recent innovations in the Enteral Feeding Formulas market, decreases the risk of patient safety in enteral nutrition
Hyderabad, India -- (SBWIRE) -- 01/30/2018 -- According to a new market research report "Enteral Feeding Formulas Market, by Product (Polymeric, Monomeric, Disease-Specific Formulas), by Stage (Adults, Paediatrics), by Application (Oncology, Gastroenterology, Neurology), by End User (Hospitals, LTCS, Home Care)-Forecast 2022", rising frequencies of unending illnesses and scatters, quickly developing geriatric populace, expanding social insurance consumption, rising commonness of preterm births, and expanding interest for homecare are the propelling the market growth at a CAGR of 7.87%. In 2017, the global market was estimated to be USD 4.01 Billion and is expected to be about USD 5.86 Billion by 2022.
The report provides a comprehensive overview of various factors contributing to the growth of the global enteral feeding formulas market. It also provides insights into challenges that the market could face over the next five years. The prevailing trends in overall industry operations are also evaluated in detail
Browse Market Data Tables and Figures spread through 160 Pages and in-depth TOC on "Enteral Feeding Formulas Market"
https://www.marketdataforecast.com/market-reports/enteral-feeding-formulas-devices-market-3331/
The research report segments the market by product into Polymeric, Monomeric, Disease-Specific Formulas. Disease-specific Formulas is further divided into Renal, Diabetic, hepatic, pulmonary and other. The Disease-Specific Formula segment is expected to lead the market in the forecast period. A rather broad segmentation based on stage is also done as Adults and Paediatrics.
On the basis of Application, it is segmented as: Oncology, Gastroenterology, and Neurology. The oncology segment takes the majority share in the market due to numerous factors such as increase in cancer-related diseases and high demand from the aging population (especially in the developing countries).
By End User, segmentation is done by: Hospitals, LTCS, and Home Care. Hospitals take the largest market share due to growing diseased population, efficient care and cost-effective programs launched by the local authorities.
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Based on the region the market is segmented into Europe, Asia Pacific, North America, Latin America, and Middle East and Africa. The North American market is set to be the largest due to various factors such as major investment of organisations into research and development, strict policies of the law bodies and increasing in the aged populace. The Asia Pacific region is set to be the highest in terms of growth rate.
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Some of the major companies in the Global Enteral Feeding Formulas Market are Nestlé S.A. (Switzerland), Hormel Foods, LLC (United States of America), Fresenius Kabi AG (Germany), Mead Johnson Nutrition Company (United States of America), B. Braun Melsungen AG (Germany), Danone S.A. (France), Global Health Product Inc. (United States of America), Victus Inc. (United States of America), Meiji Holdings Co., Ltd. (Japan), and Abbott Laboratories (United States of America).
The scope of the report provides:
- The evaluation of the current market for your product or services and the future implications of the market
- Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
- Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
- Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
- The factors responsible for the shaping of the industry as it is as a result of competitive environment is analysed through Porter's Five Forces
- The effects of political, economic, social, technological, legal and environmental factors on the industry is analysed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
- Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
- Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
- Equip you with the information providing with the investment opportunities in the industry
Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.
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