Enteral Feeding Devices Market Worth 2.80 Billion USD by 2021
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According to a new market research report "Enteral Feeding Devices Market by Product (Feeding Pump, Feeding Tube, Giving Set, Enteral Syringes), by Stage (Adult, Pediatrics), by Application (Oncology, Gastroenterology, Neurology), by End User (Hospital, Ambulatory Care) - Global Forecast to 2021", published by MarketsandMarkets, The global market is expected to reach USD 2.80 Billion by 2021 from USD 2.15 Billion in 2016, at a CAGR of 5.5% from 2016 to 2021.
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Browse 221 market data Tables with 53 Figures spread through 238 Pages and in-depth TOC on "Enteral Feeding Devices Market“ http:// www.marketsandmarkets.com/Market-Reports/enteral-feeding-device-market-183623035.html Early buyers will receive 10% customization on this report.
An increasing number of hospitals and ambulatory care settings are adopting enteral nutrition as an effective method of clinical nutrition. In addition, the Enteral Feeding Devices Market is witnessing a growing adoption of technologically advanced user-friendly safety systems that minimize complications such as misconnections, tube dislodgements, aspiration, and tube blockage.
Several manufacturers in the enteral feeding devices industry are increasingly adopting patient safety techniques, such as unique connection systems to avoid misconnections of feeding tubes and user friendly features such as portable feeding pumps, programming options, programmable flushing intervals, multiple languages, occlusion pressure alarm options, history of previous feed rates, and screen and program lockout features to prevent manipulation. Such a trend is expected to promote the greater uptake of technologically advanced enteral feeding devices in the global clinical nutrition industry. However, insufficient reimbursement in developing and underdeveloped countries and complications associated with enteral feeding tubes may restrain the growth of this market during the forecast period of 2016 to 2021.
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In this report, the Enteral Feeding Devices Market is segmented based on product type, stage, end user, application, and region. This report also discusses the key market drivers, restraints, opportunities, and challenges for this market and its submarkets. In 2015, North America accounted for the largest share of the Global Enteral Feeding Devices Market, followed by Europe, Asia-Pacific, and RoW. The large share of North America and Europe in this market is primarily attributed to the development and adoption of innovative, patient-friendly enteral feeding devices integrated with safety features. The major players in the Enteral Feeding Devices Market are Fresenius SE & Co. KGaA (Germany), Halyard Health, Inc. (U.S.), Abbott Laboratories (U.S.), Covidien PLC (Ireland), B. Braun Melsungen AG (Germany), C. R. Bard, Inc. (U.S.), Cook Medical (U.S.), ConMed Corporation (U.S.), NestlĂŠ S.A (Switzerland), and Moog, Inc. (U.S.).
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