Enteral Nutrition Market Analysis and Research 2018 - 2026 By Top Vendors- Nestle S.A., Baxter International Inc., B. Braun Holding GmbH & Co. KG, Abbott Laboratories, Groupe Danone, Reckitt Benckiser Group Plc, Perrigo Company Plc., Meiji Seika Pharma
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Rising prevalence of chronic diseases such as cardiovascular diseases, diabetes, cancer and neurological diseases are some of the major factors complementing growth of this market. According to the National Center for Biotechnology Information (NCBI), the prevalence of chronic disease has increased from 34.9% to 41.8% during 2004-2011. Rising number of preterm births and increasing geriatric population across the global are some of the key factors supporting growth of this market. According to the National Institutes of Health (NIH), the world’s older population is steadily growing and 8.5% of people worldwide (approximately 617 million) were recorded aging 65 and older in 2016.
North America held a dominant position in the global enteral nutrition market in 2016, owing to increasing cases of preterm births and high prevalence of chronic diseases in the region. According to the National Center for Biotechnology Information (NCBI), cases of preterm births was fairly high both in the U.S. and Canada, in 2016 and according to the Centers for Disease Control and Prevention (CDC), 382786, number of preterm births were recorded in U.S. by March 2017. High healthcare spending among the populace in North America is linked with the affordability of the patients for expensive medical services. This in turn, is expected to support the growth of the enteral nutrition market in this region.
Global Enteral Nutrition Market, By Disease Type:
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Major players operating in the global enteral nutrition market include Nestle S.A., Baxter International Inc., B. Braun Holding GmbH & Co. KG, Abbott Laboratories, Groupe Danone, Reckitt Benckiser Group Plc, Perrigo Company Plc., Meiji Seika Pharma Co. Ltd., and Fresenius Kabi AG.
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