Enteral Feeding Devices Global Market is Expected to Reach $ 2,846.7 million by 2020 at a CAGR of 5.6% during 2015-2020
Research study says global enteral feeding devices market is expected to reach $ 2,846.7 million by 2020 at a CAGR of 5.6% during 2015-2020, Ask for sample@ http://www.researchbeam.com/enteral-feeding-devices-market/request-sample
Recent research added report on “Global Enteral Feeding Devices Market Overview, Analysis, Demand, Report, Trends, Growth and Research – World Enteral Feeding Devices Market Opportunities and Forecast, 2014 – 2020”
Enteral feeding devices are used to deliver nutrition or medications directly into the stomach or intestine. These devices are commonly used to feed the specialized diet in elderly or bedridden patients suffering from chronic ailments such as neurological disorders, cancer, gastro intestinal and inherited metabolic diseases. In patients with functional GI tract, enteral feeding is the preferred route of nutrition delivery as compared to parenteral feeding. This is because, enteral feeding avoids complications such as infection, sepsis, and liver and gallbladder disorders, commonly associated with parenteral nutrition.
The global enteral feeding device market is primarily driven by rising incidences of cancer and neurological disorders, growing adoption of enteral nutrition, particularly in home settings and an increasing popularity of enteral feeding among pediatrics. The growth would be further supplemented by ageing population and growing awareness about enteral nutrition. However, stringent regulations, and inadvertent dislodgment of tubes (leading to accidental disabilities and deaths) are likely to hinder the market growth.
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The global enteral feeding devices market is segmented on the basis of device type, application, age group, end user and geography. On the basis of device type market is segmented into feeding tubes, feeding pumps, giving set, enteral syringe, and other accessories. Based on application, the market is segmented into cancer, neurological disorders, gastrointestinal diseases, malnutrition/ undernutrition and others. Based on age group, the market is segmented into pediatrics and adults. Based on end user, the market is segmented into hospital and home settings. Geographically, the market is segmented across four regions namely North America, Europe, Asia Pacific, and LAMEA.
Product launch, acquisition and distribution agreement are some of the key strategies adopted by leading industry players. In March 2015, Halyard Health announced the introduction of MIC PEG enteral feeding tube kit. Recently, Medela signed a five-year distribution agreement with Atlanta Biomedical Company (ABC), for distribution of Medela Enteral Feeding Pump. In May 2014, Medela also acquired the enteral feeding assets of Acacia, Inc, a company that markets line of neonatal feeding devices. Companies profiled in this report include, Medtronic plc, Fresenius SE & Co. KGaA, Halyard Health, Inc., Boston Scientific Corporation, Danone, Nestlé S.A, Moog Inc., B. Braun Melsungen AG, C. R. Bard, Inc. and CONMED Corporation.
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KEY MARKET BENEFITS:
- This report provides an extensive analysis of the current and emerging market trends and dynamics in the global enteral feeding devices market
- The report provides a comprehensive analysis of the current market estimations through 2014-2020, which would enable the stakeholders to capitalize on prevailing market opportunities
- An in-depth analysis of key segments of the market demonstrate the types of devices along with the applications, age groups and end-users in the enteral feeding devices market
- The enteral feeding devices market scenario is comprehensively analysed in accordance with the key regions
- A detailed SWOT analysis enables study of the internal environment of the leading companies for strategy formulation
- Competitive intelligence highlights the business practises followed by leading market players across the geographies
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