Enteral Nutrition Market Anticipated to Grow at an Impressive Rate during the Pe

Posted by sunny on April 25th, 2019

According to a new report published by Allied Market Research, titled, Global Enteral Nutrition Market by Material Type, Filter Module, and Application: Global Opportunity Analysis and Industry Forecast, 20182025, the global enteral nutrition market size was valued at ,661.6 million in 2017, and is projected to reach ,478.0 million in 2025, registering a CAGR of 7.9% from 2018 to 2025. Enteral nutrition is the administration of food supplements using pumps and tubes directly in the gastrointestinal tract of patients who cannot swallow food or get enough nourishment by eating or drinking. These medical devices deliver medications and nutrients directly into the stomach, duodenum, or jejunum either via nose, mouth, or direct percutaneous route.

Increase in prevalence of several chronic disorders such as cancer and neurological disorders worldwide, surge in adoption of enteral nutrition over parenteral nutrition, rise in geriatric population, and growth in malnutrition cases drive the market growth. However, stringent governmental regulations and inadvertent dislodgment of tubes leading to accidental disabilities and deaths impede the growth of the market. Conversely, the development of newer products with minimal side effects and presence of untapped market potential in the emerging economies are expected to provide lucrative growth opportunities for the global enteral nutrition market.

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According to the WHO, the number of people diagnosed with diabetes increased from 108 million in 1980 to 422 million in 2014. In addition, the prevalence rate of diabetes in adults over 18 years of age increased from 4.7% in 1980 to 8.5% in 2014. This growth pattern is more evident in middle- and low-income countries. Thus, growing prevalence of diabetes fosters the growth of the enteral nutrition market.

As per the National Cancer Institute data, it is estimated that 1,735,350 new cases of cancer are expected to be diagnosed in the U.S. by the end of 2018. Moreover, according to the Centers for Disease Control and Prevention (CDC) data, about half of all adults (approximately 117 million) worldwide suffered from one or more chronic health conditions in 2012, while diabetes being the most common chronic disease. Therefore, burgeoning number of cancer cases across the globe are expected to increase the adoption of enteral feeding systems, thereby boosting the growth of the enteral nutrition market.

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