Market Data Forecast

Growing Geriatric Population Profits North America Enteral Feeding Devices Market

The North America Enteral Feeding Devices Market was worth $0.66 billion in 2016 and estimated to be growing at a CAGR of 4.81%, to reach $0.84 billion by 2021.

 

Hyderabad, India -- (SBWIRE) -- 03/16/2018 -- An enteral feeding device is a restorative gadget used to give food to individuals who can't get food by mouth, can't swallow securely, or require dietary supplementation. The condition of being encouraged by a tube is called gavage, enteral nourishing or tube bolstering. The situation might be transitory for the treatment of intense conditions or permanent on account of extreme cases. There are a wide range of feeding devices that are used for feeding and majority of them are made of polyurethane or silicone.

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The North American Enteral Feeding Devices Market market was estimated to be at a market value of USD 660 Million in 2016 and is projected to rise at a CAGR 4.81% to reach USD 840 Million by 2022 owing to the growing number of elderly aged people.

The North America enteral feeding devices portion of the overall industry is basically determined by rising rates of malignancy and neurological issue. Growing acceptance of enteral nourishment, especially in home settings and an expanding ubiquity of enteral feeding tubes among paediatrics are some other helping factors.

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The development in tube bolstering would be additionally supplemented by the increasing geriatric populace and an expansion in mindfulness about enteral nourishment. The utilization of these gadgets is urged to keep up gut respectability.

The enteral feeding gadgets are set to win more prominent incomes for the market, inferable from their appropriation in medicinal services and eldercare. In any case, stringent controls and coincidental dislodgment of tubes which in some cases prompts unintentional inconveniences and deaths. Also, there is a lack of proper reimbursement plans that can stress the market growth and sustainability.

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devices-market-692/customize-report

Geographically, the market is categorized into the USA and Canada. North America is accounted for the major market share with the majority of the market centred in the USA. Major investments in health care, higher acceptance towards new medical procedures, and major advancements in medical science can help North America retain the position in the forecast period.

Some of the key players of North America Enteral Feeding Devices Market include Halyard Health Inc., C. R. Bard Inc., Abbott Laboratories, Fresenius SE, Covidien PLC, Cook Medical, Nestle S.A.

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