Enteral Nutrition Market 2019 Global Key Country Analysis: 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 Fre

Global enteral nutrition market was valued at US$ 13.11 billion in 2016, according to Global Enteral Nutrition Market, by Disease Type (Standard and Chronic), by Age Group (Below 15, 15 to 30, 30 to 45, 45 to 60, and Above 60), by End-use Industry (Hospitals, Clinics, and Long Term Care Facilities), published by Coherent Market Insights. The enteral nutrition market is expected to register a CAGR of 4.47% over the forecast period (2017–2025), to reach US$ 19.31 billion by 2025.

Some of the major factors propelling growth of this market are growing global geriatric population and rising prevalence of chronic diseases including diabetes, cardiovascular diseases, cancer, and others.

Enteral nutrition, also known as tube feeding refers to any method of feeding that uses the gastrointestinal (GI) tract to deliver caloric requirements, including normal oral diet or liquid supplements. Nasoenteral, also known as nasogastric feeding tube is placed in the stomach through the nose, whereas a jejunostomy tube is placed directly through the skin. The tube feeding formula is used in patients suffering from chronic conditions including head trauma, cancer, and strokes. Moreover, the formula helps premature infants to gain required nutrition and medications. According to the National Center for Biotechnology Information (NCBI), nasogastric tube is most preferred method for short term feeding in the acute phase of stroke and is commonly used for providing nutrition, hydration, and essential medications.

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Major Market Competitors:
• 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.
• Fresenius Kabi AG.

Detailed Segmentation:

Global Enteral Nutrition Market, By Disease Type:
• Standard
o Polymeric
o Monomeric
• Chronic
o Renal
o Hepatic
o Diabetic
o Others

Global Enteral Nutrition Market, By Age Group:
• Below 15
• 15 to 30
• 30 to 45
• 45 to 60
• Above 60

Global Enteral Nutrition Market, By End-use Industry:
• Hospitals
• Clinics
• Long Term Care Facilities
• Home Care
• Hospices

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Market Dynamics

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.

Asia Pacific is projected to be the fastest growing region for enteral nutrition over the forecast period owing to increasing number of patients suffering from disease-associated malnutrition (DAM). Further, rising geriatric population in the region is expected to support growth of the enteral nutrition market in the future. According to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), in East and North Asian countries such as Japan and the Republic of Korea, over a third of the population is expected to be 60 years or older by 2050.

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