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Enteral Feeding Devices Market worth 3.19 Billion USD by 2022

Enteral Feeding Devices Market report categorizes the global market by Product (Feeding Pump, Feeding Tube, Enteral Syringes, Giving Set ), End User (Hospital, Ambulatory Care), Application (Gastroenterology, Neurology, Oncology) & Geography

 



(EMAILWIRE.COM, July 31, 2018 ) The enteral feeding devices market is expected to reach USD 3.19 Billion by 2022 from USD 2.26 Billion in 2016, at a CAGR of 6.0% during the forecast period. The increasing prevalence of chronic diseases, rising geriatric population, rising incidence of preterm births, growing demand for enteral feeding devices in the home care sector, and the shift from parenteral to enteral nutrition are the major factors driving the growth of the market.

The report analyzes the market by product, age group, application, end user, and region. Based on product, the enteral feeding pumps segment accounted for the largest of the market in 2016. This can be attributed to the low risk of complications associated with the use of feeding pumps, enhanced portable pump designs, and the increasing use of pumps in home care settings.

Based on age group, the market is segmented into adults and pediatrics. The large share of the adults segment can be attributed to the increasing incidence and prevalence of chronic diseases like cancer, diabetes, neurological disorders, and inflammatory bowel syndrome that result in malnutrition along with the rapid rise in the aging population.

On the basis of application, the oncology segment dominated the market in 2016. The increasing incidence and prevalence of various cancers across the globe is increasing the cases of malnutrition, this, in turn, is propelling the growth of this segment.

Based on end user, the market has been segmented into hospitals, home care settings, and ambulatory care settings. In 2016, the hospitals segment accounted for the largest share of the market. The high uptake of these devices for treating undernourished patients that may have impaired immunity, wound healing, and muscle strength in hospitals contribute to its high share.

Know More: https://www.marketsandmarkets.com/PressReleases/enteral-feeding-device.asp

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