Global Enteral Feeding Pumps Market to Reach US$1.48 Billion by 2017, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Enteral Feeding Pumps markets. The global market for Enteral Feeding Pumps is forecast to reach US$1.48 billion by the year 2017. The market for Enteral Feeding Pumps is driven by their increasing use in home care settings for patients with malnutrition or chronic illnesses, such as cancer, diabetes, and AIDS. Furthermore, improvement in the design and manufacture of pumps, and the high growth potential of ambulatory enteral feeding pumps, are the other factors propelling the demand for enteral feeding pumps.

Enteral Feeding Pumps: A Global Strategic Business Report

Follow us on LinkedIn - Enteral nutrition is the preferred nutrition support therapy in patients with a functional gastrointestinal tract. There is ample clinical evidence supporting betterment in patients’ condition in terms of body weight on receiving nutritional support. Enteral feeding pumps are used in administering patients with a balanced nutritional formula, comprising appropriate proportions of carbohydrates, proteins, minerals, fats, and vitamins. Ever since enteral feeding pumps first forayed into the market, there have been a number of changes in the design and technology of these devices in line with the evolving needs of patients and healthcare providers, and there is scope for further development in future.

Europe represents the largest regional market for Enteral Feeding Pumps, as stated by the new market research report on Enteral Feeding Pumps. The US represents a close second as well as the single largest market. Asia-Pacific is expected to emerge as the fastest growing market for Enteral Feeding Pumps and register a CAGR of 7.5% over the analysis period. In the overall Enteral Feeding Devices market, encompassing various segments, growth rates are likely to differ across each one of these markets. A number of factors are currently driving the global market for enteral feeding devices. These primarily include increase in aging population in major markets such as the US, high premature births in developed regions of the world, particularly US and Europe, and a growing trend towards treatment in homecare settings. Further, the ISO’s (International Organization for Standardization) new standards for small bore connectors in medical equipment and devices is likely to have a noteworthy influence on the enteral feeding devices market.

Enteral feeding Pumps, particularly Ambulatory Feeding Pumps, represent high growth potential in the overall enteral feeding devices market, owing to their increasing use in home care settings for patients with malnutrition or chronic illnesses, such as cancer, diabetes, and AIDS. From a regional perspective, there is a growing trend towards maintaining and supporting patient mobility in the US and Europe, which is likely to augur well for ambulatory feeding pumps market.

Efforts of pump manufacturers have been persistently focused on developing devices with advanced and practically useful features. However, over the years, development of enteral feeding pumps with a high degree of accuracy and safety still remains a challenge. In addition to human errors, accidental free-flow and misconnections represent some of the serious concerns facing the enteral feeding devices market, including enteral feeding pumps. Players are required to allocate more resources towards research and development, technological enhancements, and the development of innovative product that minimize human error and guarantee higher accuracy in flow-rate calculation and dosage. Products with these attributes are likely to have an edge over others, and aid in driving product sales in the coming years.

Players profiled in the report include Abbott Nutrition, American HomePatient Inc., Covidien Plc., Fresenius Kabi AG, Moog Inc., Nestlé HealthCare Nutrition, and Nutricia Advanced Medical Nutrition.

The report titled “Enteral Feeding Pumps: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a snapshot of the Enteral Feeding Pumps market, an insight into clinical nutrition, growth drivers of the enteral feeding devices market, product overview, recent industry activity, and profiles of select major/niche market participants. The report provides annual value sales estimates and projections for the Enteral Feeding Pumps market for the years 2009 through 2017 for the following regions- US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Also, a six-year (2003-2008) historic analysis is provided for an additional perspective.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Enteral_Feeding_Pumps_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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