(PharmaNewsWire.Com, February 08, 2017 ) According to the report Global Enteral Feeding Devices Market, published by Market Data Forecast, the global market is projected to reach USD 2.65 billion by 2021, at a CAGR of 4.97% from 2016 to 2021.
A growing number of hospitals and ambulatory care services are embracing enteral nutrition as an effective system of clinical nutrition. The enteral feeding devices market is observing a rising acceptance of technologically innovative, user-friendly safety systems that diminish difficulties such as misconnections, tube dislodgements, and tube blockage. Numerous manufacturers in the Enteral Feeding Devices market are also increasingly employing safety techniques to safeguard the patient.
The growth of the Global Enteral Feeding Devices Market is mainly driven by factors such as an increase in the prevalence of chronic diseases, increase in the number of pre-term births, and rising aging population. However, high costs associated with the purchase and operation of such devices, and reimbursement issues in the emerging countries are the main factors hindering the growth of the market.
The major companies operating in the global Enteral Feeding Devices market are Halyard Health Inc., C. R. Bard Inc., Abbott Laboratories, Fresenius SE, Covidien PLC, Cook Medical, Nestle S.A.
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