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Enteral Nutrition Market - Global Industry Insight, Trends, Outlook, and Opportunity Analysis 20172025

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REPORT DESCRIPTION

Enteral Nutrition Market Overview Enteral nutrition also known as tube feeding, is a way to nutritional feed containing carbohydrates, proteins, water, fats, vitamins, and minerals to patients through tubes. The tube that is placed through the nose in the stomach is called as nasoenteral or nasogastric feeding tube and the tube, which is placed directly through the skin in the stomach is called jejunostomy or gastrostomy. Patients suffering from chronic conditions including head trauma, cancer, strokes, and premature infants require tube feeding formula for gaining required nutrition as it is difficult for such patients to normally ingest food or medications. Nasogastric tube is commonly used for providing nutrition, hydration, and essential medications and is the most preferred method for short term feeding in the acute phase of stroke, according to NCBI. Major factors propelling growth of the global enteral nutrition market are rising prevalence of chronic diseases such as diabetes, heart disease, and cancer coupled with increasing health care expenditure, worldwide. According to the American Diabetes Association (ADA), long term use of nutritional support with diabetes specific formula helps reducing chronic complications of diabetes such as cardiovascular diseases and according to the National Center for Biotechnology Information (NCBI), the use of enteral nutrition is helpful in patients with chronic heart failure (CHF). Š Coherent market Insights. All Rights Reserved


REPORT DESCRIPTION Further, according to the Office for National Statistics, in the U.K., total health care expenditure was US$ 239.92 billion in 2014, which increased by 3.6% and pegged at US$ 248.51 billion in 2015. High health care expenditure of a region depicts the affordability of the patients for expensive medical services. This in turn, is anticipated to support the overall growth of enteral nutrition market as according to NCBI, tube feeding a patient involves higher cost as compared to those without tubes. Enteral nutrition is used for patients across all age groups, however, the geriatric population segment is the most lucrative segment. Health concerns such as metabolic disorders and loss of appetite are more prevalent among the geriatric population, which is a key factor for growth of the enteral nutrition market. Complications associated with enteral nutrition, include patient safety risks and feeding and medication errors, which is a restraining factor for this market growth. For instance, according to NCBI, placing of a nasogastric tube is associated with various risks including gastrointestinal complications, aspiration, mechanical complications, and metabolic complications. Request sample Copy of this Report:https://www.coherentmarketinsights.com/insight/request-sample/1115

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REPORT DESCRIPTION

North America dominated the enteral nutrition market in 2016, accounting for over 30% of the market share and is expected to retain its dominance throughout the forecast period (2017–2025). Rising geriatric population in the region coupled with increasing incidences of chronic illnesses are some of the key factors complementing growth of the enteral nutrition market in the region. According to the Centers for Disease Control and Prevention (CDC), heart diseases, cancer, diabetes and strokes were the leading causes of disabilities and deaths in the U.S., in 2016. Moreover, according to the National Cancer Institute, in 2016, approximately 1.6 million patients were diagnosed with cancer in the U.S., out of which 0.59 million died from the disease. These factors are responsible for increased use of enteral nutrition in the U.S., thereby fuelling growth of the market in North America. Asia Pacific is projected to be the fastest growing market for enteral nutrition, exhibiting a CAGR of 6.35% over the forecast period, with India and China being the major contributors in the region. China and India have high proportion of geriatric population. According to the United Nations Economic and Social Commission for Asia and Pacific (UNESCAP), the geriatric population in Asia Pacific is rising significantly. In 2016, the proportion of geriatric population in North East Asia was around 17%, which is anticipated to cross 35%, whereas, in North and Central Asia it is projected to cross 20% by 2050. Furthermore, diabetes has become a major concern for the populace in this region. Request For Customization @ https://www.coherentmarketinsights.com/insight/request-customization/1115 Š Coherent market Insights. All Rights Reserved


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Enteral nutrition market  

North America dominated the enteral nutrition market in 2016, accounting for over 30% of the market share and is expected to retain its domi...

Enteral nutrition market  

North America dominated the enteral nutrition market in 2016, accounting for over 30% of the market share and is expected to retain its domi...

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