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Enteral Feeding Devices Market: Key Factors Impacting The Future Growth




What are the Global Growth Factors?

Factors driving growth in Enteral Feeding Devices Market are 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.

What The Experts Says about the Market Growth?

The global enteral feeding devices market is projected to reach $3.19 Billion by 2022 from, growing at a CAGR of 6.0% during the forecast period.

By product, the enteral feeding pumps segment accounted for the largest share of the market

On the basis of products, the enteral feeding pumps segment accounted for the largest share of the enteral feeding devices market, in 2016. This can be attributed to the low risk of complications with the use of feeding pumps, enhanced portable pump designs, and the increasing use of pumps in home care settings.

The adults segment dominated the market in 2016

Based on age group, the adults segment accounted for the largest share of the enteral feeding devices market. The large share 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.

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Geographical Analysis:

North America accounted for the largest share of the enteral feeding devices market in 2016, followed by Europe. This regional segment shows significant market growth opportunities owing to the high adoption of enteral feeding devices, increasing prevalence of chronic diseases, presence of many large hospitals, and the development of innovative products. Moreover, a number of major global players are based in the US.

Know More: http://www.marketsandmarketsblog.com/enteral-feeding-devices-market.html
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