(PharmaNewsWire.Com, August 18, 2018 ) Factors such as rising healthcare costs; surge in the number of preterm births; growth in the aging population; rising prevalence of chronic diseases such as diabetes, cancer, gastrointestinal diseases, and neurological disorders; growing awareness of enteral nutrition; and rapid improvements in healthcare facilities in emerging countries are driving the market growth.
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.
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.
The oncology segment is expected to grow at the highest CAGR during the forecast period
By application, theenteral feeding devices market is segmented into oncology, gastroenterology, diabetes, neurology, hypermetabolism, and other applications. The oncology segment is expected to grow at the highest CAGR owing to the increasing incidence and prevalence of cancer across the globe and the need for clinical nutrition in such patients.
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