(PharmaNewsWire.Com, December 23, 2017 ) According to the report "Latin America Enteral Feeding Devices Market ", published by Market Data Forecast, The Latin America Enteral Feeding Devices Market was worth $0.23 billion in 2016 and estimated to be growing at a CAGR of 4.45%, to reach $0.28 billion by 2021. A growing number of hospitals and ambulatory care services are approving enteral nutrition as an efficient 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 Latin America 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
An expanding number of hospitals and ambulatory care settings are embracing enteral nutrition as a successful technique for clinical nutrition. What's more, the enteral feeding devices market is seeing a developing appropriation of technologically advanced, easy to understand safety frameworks that limit impediments. Such a trend is likely to encourage the greater uptake of technically progressive Enteral Feeding Devices in the global clinical nutrition industry. . A growing number of hospitals and ambulatory care services, which are implementing enteral nutrition as an efficient system of clinical nutrition, are enhancing the growth of the market.
Enteral Feeding Devices Market: Region-wise Outlook
Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. Brazil accounts for the major part of the Enteral Feeding Devices market in this region followed by Mexico. Other important markets in this region are Uruguay, Paraguay, Colombia, Chile, and Bolivia.
Key Questions Answered
What is the current and future Enteral Feeding Devices market outlook in Latin America? What trends are affecting the Latin American market?
What is the competitive landscape and market share of major players in the Enteral Feeding Devices market in Latin America?
What are the key market segments that currently occupy the highest market share? Which market segments are growing the fastest?
What challenges are restraining the growth of the Enteral Feeding Devices market? How will emerging technologies answer these challenges?
Enteral Feeding Devices Market: Key Players
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.
Reasons to buy Enteral Feeding Devices Market Report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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