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Geographic Segmentation of Enteral Feeding Formulas Market

The global enteral feeding formulas market is estimated to reach USD 5.95 Billion by 2020, growing at a CAGR of 7.6% during the forecast period. The market is mainly driven by the rising incidences of chronic diseases and disorders, the rapidly increasing geriatric population, increasing healthcare expenditure, rising prevalence of preterm births, and increasing demand for homecare. On the other hand, factors such as complications associated with enteral nutrition, patient safety risks, and the risk of feeding and medication errors are some factors that are expected to limit the growth of the enteral feeding formulas market in the coming years.

Global Enteral feeding formulas Market, by Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe (RoE)
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
    • Rest of APAC
  • Rest of the World (RoW)
    • Latin America
    • Middle East & Africa

North America accounted for the largest regional market in 2015, followed by Europe, Asia-Pacific, and the RoW. North America and Europe are expected to witness a healthy growth rate in the coming years, owing to the rapidly growing geriatric population along with rising incidences of chronic diseases and disorders, increasing healthcare expenditure, and increasing demand for homecare.

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The Asia-Pacific region, on the other hand, represents the fastest-growing market for enteral feeding formulas. The high growth rate in this market is primarily attributed to the presence of a large patient pool for chronic diseases and disorders, increasing incidences of preterm births, growing healthcare expenditure, rapidly developing healthcare infrastructure, increasing per capita income, growing middle-class population, and a rapidly increasing population in the emerging APAC countries.

The leading players in the global enteral feeding formulas market include Abbott Laboratories (U.S.), Nestlé S.A. (Switzerland), Danone S.A. (France), and Fresenius Kabi AG (Germany). Other players in this market are Mead Johnson Nutrition Company (U.S.), B. Braun Melsungen AG (Germany).

Know more in detail analysis of Enteral Feeding Formulas Market by Product (Polymeric, Monomeric, Disease-Specific Formulas), by Stage (Adults, Pediatrics), by Application (Oncology, Gastroenterology, Neurology), by End User (Hospitals, LTCS, Home Care) – Global Forecast.

Visit: https://www.marketsandmarkets.com/Market-Reports/enteral-feeding-formulas-market-74876393.html

( Source : http://www.marketsandmarketsblog.com/enteral-feeding-formulas-market-growth.html )



on January 18 at 10:44

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