Enteral Feeding Devices Market Trends, Demand, Growth, Opportunities and Key Manufacturers Forecast to 2022
Enteral Feeding Devices Market from Qurate’s Repository provides detailed information, in-depth analysis, and forecast which is developed by a team of experts and professionals
(EMAILWIRE.COM, August 20, 2018 ) Industry Outlook and Trend Analysis
The Enteral Feeding Devices Market was worth USD 1.71 billion in the year of 2012 and is expected to reach approximately USD 2.98 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 5.11% during the forecast period. Enteral feeding alludes to the conveyance of nutrients specifically to the stomach by means of the utilization of a feeding tube. Enteral feeding is provided to patients who can't eat regularly attributable to diseases, for example, gastrointestinal injuries, oral cancer, and disorders and so on. The developing worldwide aged populace base and developing predominance of ceaseless sicknesses, for example, diabetes, extreme pancreatitis, and other gastrointestinal ailments and expanding frequencies of preterm births are certain aspects that are anticipated to boost market development throughout the following years. Ageing increases a patient's weakness towards Parkinson's disease and different nervous issue. Moreover, the developing pervasiveness of individuals with diabetes mellitus requiring enteral nourishment is relied upon to positively affect the market. In 2013 the worldwide enteral feeding devices market was esteemed at USD 1,813.7 million and is relied upon to develop at a significant pace amid the gauge time frame. Neglected medical requirements in developing markets, for example, China, India and Brazil and the advent of new items empowered with mechanical progressions are required to serve this market as future development opportunities.
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Product Outlook and Trend Analysis
The global enteral feeding devices market is arranged into six product sections in particular giving sets, gastrostomy tubes, percutaneous endoscopic gastrostomy devices, enteral feeding pumps, nasogastric tubes and low profile gastrostomy devices. The enteral nourishing pump commanded the market on the basis of share in 2013 at more than 60 percent significantly by virtue of its high use rates in created locales, for example, North America and Western Europe. Additionally, the enteral feeding pumps portion was trailed by nasogastric tubes in terms of profit and its worldwide market was esteemed at USD 196.6 million in 2013. These tubes are utilized in medical methods called nasogastric tubation, which includes the utilization of a tube for feeding or nutrition by means of the nasal course.
Regional Outlook and Trend Analysis
Major regions represented in this study incorporate Asia-Pacific, Europe, North America and RoW. Europe held the biggest share of the market in 2013 at roughly 35 percent. The existence of a vast aged populace base particularly in the Western European district, developing commonness of pre-term births and the advent of industry-friendly directions, for example, the execution of ISO models for small bore connectors are a portion of the key drivers of this market. In any case, the Asia-Pacific enteral feeding devices market is relied upon to develop at a significant pace attributable to drivers, for example, the existence of high neglected medicinal requirements in developing markets with continually enhancing healthcare framework and human services uses, for example, India and China. Likewise, the existence of a substantial aged populace base in Japan is anticipated to bolster the demand for enteral feeding devices in this area.
Competitive Insights
The worldwide enteral feeding devices market is oligopolistic in nature with four noteworthy players namely Danone, Abbott Nutrition, Fresenius and Nestle representing a share more than 75 percent of the total revenue. Enhancement of products, advancements in technology and penetration into the developing markets of Latin America and Asia with the aim to capitalize on undiscovered opportunities are major strategies for growth implemented by market players. The market was dominated by Abbott Nutrition in 2013 with a share of more than 30 percent. Some of the other prominent players in the market are Boston Scientific, CONMED Corporation, Amsino International Inc, Kimberly Clark Hygiene Products Pvt Ltd, Cook Medical and Moog Inc.
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The global Enteral Feeding Devices Market is segmented as follows :
By Product:
Giving Sets
Percutaneous Endoscopic Gastronomy Device
Enteral Feeding Pump
Nasogastric Tube
Low Profile Gastrostomy Device
Gastrostomy Tube
By Region
North America
U.S
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia Pacific
Rest of the World
Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others
Some of the key questions answered by the report are:
What was the market size in 2012 and forecast from 2013 to 2022?
What will be the industry market growth from 2013 to 2022?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Get Discount@ https://www.qurateresearch.com/report/discount/HnM/QBI-CMR-HnM-54910
The Enteral Feeding Devices Market was worth USD 1.71 billion in the year of 2012 and is expected to reach approximately USD 2.98 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 5.11% during the forecast period. Enteral feeding alludes to the conveyance of nutrients specifically to the stomach by means of the utilization of a feeding tube. Enteral feeding is provided to patients who can't eat regularly attributable to diseases, for example, gastrointestinal injuries, oral cancer, and disorders and so on. The developing worldwide aged populace base and developing predominance of ceaseless sicknesses, for example, diabetes, extreme pancreatitis, and other gastrointestinal ailments and expanding frequencies of preterm births are certain aspects that are anticipated to boost market development throughout the following years. Ageing increases a patient's weakness towards Parkinson's disease and different nervous issue. Moreover, the developing pervasiveness of individuals with diabetes mellitus requiring enteral nourishment is relied upon to positively affect the market. In 2013 the worldwide enteral feeding devices market was esteemed at USD 1,813.7 million and is relied upon to develop at a significant pace amid the gauge time frame. Neglected medical requirements in developing markets, for example, China, India and Brazil and the advent of new items empowered with mechanical progressions are required to serve this market as future development opportunities.
Request Sample Report@ https://www.qurateresearch.com/report/sample/HnM/QBI-CMR-HnM-54910
Product Outlook and Trend Analysis
The global enteral feeding devices market is arranged into six product sections in particular giving sets, gastrostomy tubes, percutaneous endoscopic gastrostomy devices, enteral feeding pumps, nasogastric tubes and low profile gastrostomy devices. The enteral nourishing pump commanded the market on the basis of share in 2013 at more than 60 percent significantly by virtue of its high use rates in created locales, for example, North America and Western Europe. Additionally, the enteral feeding pumps portion was trailed by nasogastric tubes in terms of profit and its worldwide market was esteemed at USD 196.6 million in 2013. These tubes are utilized in medical methods called nasogastric tubation, which includes the utilization of a tube for feeding or nutrition by means of the nasal course.
Regional Outlook and Trend Analysis
Major regions represented in this study incorporate Asia-Pacific, Europe, North America and RoW. Europe held the biggest share of the market in 2013 at roughly 35 percent. The existence of a vast aged populace base particularly in the Western European district, developing commonness of pre-term births and the advent of industry-friendly directions, for example, the execution of ISO models for small bore connectors are a portion of the key drivers of this market. In any case, the Asia-Pacific enteral feeding devices market is relied upon to develop at a significant pace attributable to drivers, for example, the existence of high neglected medicinal requirements in developing markets with continually enhancing healthcare framework and human services uses, for example, India and China. Likewise, the existence of a substantial aged populace base in Japan is anticipated to bolster the demand for enteral feeding devices in this area.
Competitive Insights
The worldwide enteral feeding devices market is oligopolistic in nature with four noteworthy players namely Danone, Abbott Nutrition, Fresenius and Nestle representing a share more than 75 percent of the total revenue. Enhancement of products, advancements in technology and penetration into the developing markets of Latin America and Asia with the aim to capitalize on undiscovered opportunities are major strategies for growth implemented by market players. The market was dominated by Abbott Nutrition in 2013 with a share of more than 30 percent. Some of the other prominent players in the market are Boston Scientific, CONMED Corporation, Amsino International Inc, Kimberly Clark Hygiene Products Pvt Ltd, Cook Medical and Moog Inc.
Enquiry About Report@ https://www.qurateresearch.com/report/enquiry/HnM/QBI-CMR-HnM-54910
The global Enteral Feeding Devices Market is segmented as follows :
By Product:
Giving Sets
Percutaneous Endoscopic Gastronomy Device
Enteral Feeding Pump
Nasogastric Tube
Low Profile Gastrostomy Device
Gastrostomy Tube
By Region
North America
U.S
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia Pacific
Rest of the World
Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others
Some of the key questions answered by the report are:
What was the market size in 2012 and forecast from 2013 to 2022?
What will be the industry market growth from 2013 to 2022?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Get Discount@ https://www.qurateresearch.com/report/discount/HnM/QBI-CMR-HnM-54910
Contact Information:
Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
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Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results