Enteral Feeding Formulas Market by Product & End User - 2020 JUNE 2018
Enteral Feeding Formulas Market by Product (Polymeric, Monomeric, Disease-Specific
Formulas), by Stage (Adults, Pediatrics), by Application (Oncology, Gastroenterology,
Neurology), by End User (Hospitals, LTCS, Home Care) - Global Forecast to 2020
The Market Research on Enteral Feeding Formulas, By Considering useful aspects like; Material,
Product, Application, End User (Hospital, ASCs) - Global Future Forecast till 2020, published by
MarketsandMarkets™, the report studies the global Enteral Feeding Formulas market over the
forecast period of 2017 to 2020. The market is projected to reach USD 5.95 Billion by 2020 at a
CAGR of 7.6%.
Geographically, the market in North America and Europe is growing at a significant rate owing
to the rising geriatric population along with increasing incidences of chronic diseases and
disorders, increasing healthcare expenditure, and increasing demand for homecare in these
regions. The Asia-Pacific region however is expected to become the growth center for the
enteral feeding formulas market. The market in Japan, China, and India is likely to witness
significant growth during the forecast period, owing to the presence of a large patient pool for
chronic diseases and disorders, high incidences of preterm births, growing healthcare
expenditure, rapidly developing healthcare infrastructure, increasing per capita income,
growing middle-class population, and growing population in these countries.
In 2015, the major players in the global enteral feeding formulas market accounted for more
than half of the market share. To maintain their market shares, major players focus on new
product launches expansions, partnerships, agreements, and collaboration and acquisitions as
key growth strategies. Of all these strategies, new product launches and expansions were the
key strategies adopted by the major market players in 2015.
Based on application, the market is segmented into oncology, gastroenterology, neurology,
diabetes, critical care, and other applications. Other applications primarily include diseases and
disorders of the heart, renal system, lungs, and liver, along with psychiatric disorders. The
oncology application segment held the largest share of the enteral feeding formulas market in
2015, primarily due to high prevalence of malnutrition among cancer patients.
Future Scope of the enteral feeding formulas:
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