Fresenius SE & Co. KGaA, Abbott Laboratories and Covidien PLC to Gain Exponentially From the Global Enteral Feeding Device Market

24 Aug, 2016, 09:30 ET from Mordor Intelligence

HYDERABAD, India, August 24, 2016 /PRNewswire/ --

Mordor Intelligence announces the publication of their research report on the enteral feeding devices market. The report titled, "Global Enteral Feeding Device Market - Growth, Trends and Forecast" discusses the current landscape and outlook of the said market.

The enteral feeding device market is estimated to peak at USD 1,831 million in 2016 and reach an estimated value of USD 2,285 billion by 2021, growing at a CAGR of 4.53% during the forecast period. The report is an amalgamation of the current market scenario, its future prospects, forces driving the market as well as those that are restraining.

According to the U.S. Department of Health and Human Services, the U.S. geriatric population (65 years or older) in 2014 was 46.2 million; roughly 15% of the entire U.S. population. This populous is a major consumer of the enteral feeding devices market, which drove the market.

Asia-Pacific and Latin America have immense growth potential. This growth can be explained due to a rise in geriatric population and increased prevalence of chronic diseases and disorders. The current market lacks curative therapy and hence bringing innovative products and tapping the emerging economy would be a great opportunity for the market.

The report is segmented based on product type, stage, end-user and application. It highlights the market geographically in North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Detailed profiles of the following companies are provided in the report:

  • Abbott Laboratories
  • B. Braun Melsungen AG
  • Boston Scientific Corporation
  • C. R. Bard, Inc.
  • ConMed Corporation
  • Cook Medical, Inc.
  • Covidien PLC
  • Fresenius Se & Co.
  • Medtronic PLC
  • Moog, Inc.
  • Nestlé S.A.

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SOURCE Mordor Intelligence