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Enteral Nutrition Market is expected to witness significant growth By 2021 Owing to the usage of enteral nutrition during COVID treatment

September 17th, 2021 Stratagem Market Insights Releases

The global enteral nutrition market is estimated to be valued at US$ 2,635.9 million in 2020 and is expected to exhibit a CAGR of 5.8% over the forecast period (2020-2027).

Enteral Nutrition Market – Overview

Enteral nutrition usually refers to the direct delivery of nutrients into a blood vessel or vein through the use of tubes inserted into the abdominal cavity. These tubes are made out of hollow plastic tubes coated with a special agent that as they enter the stomach they expand to allow room for the nutrients that are being transported into the bloodstream. The tubes then exit the body through the end of the abdominal wall. The global enteral nutrition market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

Request for Sample Copy of Report with Analysis of COVID-19 Impact on Enteral Nutrition Market – https://www.stratagemmarketinsights.com/sample/12811

Enteral Nutrition Market – Drivers

Increasing prevalence of chronic diseases such as cancer and neurological disorders is expected to drive the growth of the global enteral nutrition market during the forecast period. According to the World Health Organization (WHO), in 2018, around 9.6 million deaths were reported due to cancer globally, of which 2.09 million cases were due to lung cancer. According to the Alzheimer’s Association, in 2020, around 5.8 million U.S. citizens aged 65 years and above were living with Alzheimer’s dementia. Malnutrition and weight loss in dementia are related to cognitive decline and hence, provision of enteral nutrition through Percutaneous Endoscopic Gastrostomy tube would improve both nutrition parameters of the patient. Thus, these factors are expected to drive the growth of the global enteral nutrition market during the forecast period. Furthermore, the development of technologically advanced products is expected to boost the global enteral nutrition market growth over the forecast period.

Enteral Nutrition Market – Restraint

Complications associated with enteral nutrition and patient safety risk is expected to hamper the global enteral nutrition market growth over the forecast period.

Enteral Nutrition Market – Regional Insights

Among regions, North America is expected to witness significant growth in the global enteral nutrition market during the forecast period. This is owing to the rising geriatric population and rising incidence of chronic illnesses in the region. Furthermore, Asia Pacific is expected to register a robust growth rate over the forecast period, owing to the high proportion of the geriatric population.

Enteral Nutrition Market – Competitive Section

Major companies operating in the global enteral nutrition market are Nestle S.A., Meiji Seika Pharma Co. Ltd., Baxter International Inc., Fresenius Kabi AG, B. Braun Holding GmbH & Co. KG, Perrigo Company plc, Abbott Laboratories, Reckitt Benckiser Group plc, and Groupe Danone.

For instance, in August 2020, Nestle Japan, a subsidiary of Nestle S.A., acquired Ajinomoto Co. Inc.’s tube feeding business.

Why You Should Buy This Report:

  • The report provides an all-inclusive environment of the analysis for the market
  • In-depth secondary research and primary interviews
  • Impact of various social, political, and economic factors
  • Porter’s Five Forces Analysis
  • Competitive Landscape

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Enteral Nutrition Market – Segmentation

Global Enteral Nutrition Market, By Product Type:

  • Standard Enteral Nutrition
  • Enteral Nutrition for Chronic Illness

Global Enteral Nutrition Market, By Nutrition Type:

  • Proteins
  • Carbohydrates
  • Multi-vitamins and Antioxidants
  • Amino Acid
  • Fibers
  • Minerals
  • Others

Global Enteral Nutrition Market, By Patient Type:

  • Infant (1 month to 2 years)
  • Children (2 to 12 years)
  • Adolescent & Adult (12 to 65 years)
  • Geriatric (>65 years)
  • Chronic Patient (Excluding all above in all age groups)

Global Enteral Nutrition Market, By Application:

  • Cancer
  • Gastrointestinal Diseases
  • Diabetes
  • Critical Care
  • Others

Global Enteral Nutrition Market, By End User:

  • Hospitals
  • Home Care Settings
  • Retirement Homes
  • Others (Nursing Care Centers, Rehabilitation Care Centers, etc.)

Frequently Asked Questions:

1. What is the scope of the report?

The report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry.

2. Does this report estimates the current market size?

The report efficiently evaluates the current market size and provides an industry forecast. The market was valued at US$ 2,635.9 million in 2020 and is expected to grow at a CAGR of 5.8% during the period 2021-2027.

3. Does the report provides Market Size in terms of – Value (US$ Mn) and Volume (Thousands of Units) – of the market?

The report efficiently evaluates the current market size and provides a forecast for the industry in terms of Value (US$ Mn) and Volume (Thousands of Units).

4. Which segments are covered in this report?

The market is segmented by Types, Applications, Technology, End-use Industries, and Regions.

5. What are the key factors covered in this report?

The report presents the current market size, and market forecast, market opportunities, key drivers and restraints, regulatory scenario, industry trend, PESTLE analysis, PORTER’s analysis, new product approvals/launch, promotion and marketing initiatives, pricing analysis, a competitive landscape which help businesses in decision making. The analysis data is based on current and historical market trends which help in investment-related decisions.

6. Does this report offer customization?

Custom research is a crucial component of the business strategy which helps any organization to gain insight into the specific business sectors, aligned with specific areas of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

Inquire To Know More About This Report @ https://www.stratagemmarketinsights.com/quiry/12811

About Us:

Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with a cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide.

We strive to offer a sapient solution, expert consultations, and tailored/customized solutions. Our team includes analysts that leverage their years of experience and expertise to create accurate and error-free reports. The domain-specific teams are constantly focused on tracking markets, aiding our clients to gain a competitive edge through high-quality market intelligence. We offer an array of services including, syndicated research, advisory and consulting research process outsourcing, and content management.

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