Growing Geriatric Population To Boost Global Enteral Feeding Devices Market To US$3.1 Bn By 2019

The global enteral feeding devices market is progressing at a CAGR of 6.2% between 2013 and 2019, according to a new market research report. The market was valued at US$2 bn in 2012 and is expected to reach US$3.1 bn by the end of 2019, assuming the given estimated growth rate stays consistent.The report is released by Transparency Market Research. The report, titled “Enteral Feeding Devices Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019”, briefs its user on the nuances that influence the global enteral feeding devices market in order to draw a close estimate of the market’s forecast.
Browse the full Enteral Feeding Devices Market (Enteral Feeding Tubes, Enteral Feeding Pumps, Administration Reservoir, Giving Sets and Enteral Syringes) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019 report at http://www.transparencymarketresearch.com/enteral-feeding-devices-market.html
According to the report, the global enteral feeding devices market is primarily driven by the increasing population of the elderly, who will require enteral feeding during GI illnesses or surgeries. The report also states that the cost of enteral feeding will be lower than the overall hospitalization cost, therefore creating a more beneficial financial scenario for the patient.The global enteral feeding devices market will also grow significantly due to the growing number of patients afflicted by chronic diseases, including cancers, GI disorders, and many types of neurological disorders. An additional driver for the global enteral feeding devices market is the increasing demand for reconstructive surgeries, where enteral feeding is required over longer periods.
For the sake of better understanding of the global enteral feeding devices market, the findings in the report are divided according to enteral feeding device type, the age groups that require enteral feeding, and the major regional markets.According to a TMR analyst, “the global enteral feeding devices market in 2011 was led by enteral feeding pumps, in terms of products. The segment held about 61% of the global enteral feeding devices market, owing to the fact that they are an integral part of an enteral feeding system as well as the most expensive component of the system.”
The report adds that enteral feeding pumps are expected to be the fastest growing segment of the global enteral feeding devices market till 2019, observing a CAGR of 6.1% within the report’s forecast period.Low-profile gastronomy tubes, a specific type of enteral feeding tube, is a sub-segment expected to display a 5.5% CAGR between 2013 and 2019.From a geographical perspective, the report notes Europe and North America as the dominant regions in the global enteral feeding devices market, with a collective 67% share in the market being recorded in 2012. The report, however, states that the fastest growth rate in the given forecast period will be displayed by Asia Pacific.
The key players in the global enteral feeding devices market are Boston Scientific, Covidien plc., CONMED Corporation, Amsino International, Inc., Applied Medical Technology, Inc., Moog, Inc., and Kimberly-Clark.
Download Sample Copy of Report at : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=323
Key segments of the Global Enteral? Feeding Devices Market
Enteral Feeding Devices Market, by Product Types
Enteral Feeding Tubes
Nasoentric Tubes
Oroentric Tubes
Enterostomy Tubes
Gastrostomy Tubes
Percutaneous Endoscopic Gastrostomy (PEG)
Laproscopic Gastrostomy
Open Surgical Gastrostomy
Jejunostomy Tubes
Low Profile Gastrostomy Tubes
Enteral Feeding Pumps
Administration Reservoir
Giving Sets
Enteral Syringes
Enteral Feeding Devices Market, by Stages
Pediatrics
Adult
Enteral Feeding Devices Market, by Geography
North America
Europe
Asia-Pacific
Rest of the World (RoW)
Browse : Our new press releases http://www.transparencymarketresearch.com/pressrelease/global-enteral-feeding-devices-market.htm

About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us
Mr.Sudip S
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.