Neonatal and Preterm Infants Enteral Feeding Devices Market is Expected to Reach USD 2.62 Billion Globally by 2018: Transparency Market Research
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Neonatal and Preterm Infants Enteral Feeding Devices Market is Expected to Reach USD 2.62 Billion Globally by 2018: Transparency Market Research

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Neonatal and Preterm Infants Enteral Feeding Devices Market is Expected to Reach USD 2.62 Billion Globally by 2018: Transparency Market Research PR Newswire ALBANY, New York, August 23, 2012 ALBANY, New York, August 23, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Neonatal and Preterm Infants Enteral Feeding Devices Market - Global Industry Analysis, Size, Share and Forecast, 2012 - 2018," the global neonatal and preterm infants enteral feeding devices market revenue is estimated to reached USD 2.06 billion in 2013 and then reach USD 2.62 billion by 2018, growing at a CAGR of 4.9% from 2013 to 2018. The nasogastric tube market is expected to be the second largest revenue generating segment after enteral feeding pumps by 2018. Browse the database at http://www.transparencymarketresearch.com/neonatal-and- preterm-infants-enteral-feeding-devices-market.html The global neonatal and preterm enteral feeding devices market has shown a healthy growth rate over the past few years and this trend is expected to continue till 2018 due to the increase in the number of preterm infants in critical care. Price still remains the major concern however; increases in demand of private healthcare along with technological advancement and rise in disposal family income overcomes this constraint and will drive the future growth of the market.

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Neonatal and Preterm Infants Enteral Feeding
Devices Market is Expected to Reach USD 2.62
Billion Globally by 2018: Transparency Market
Research
PR Newswire
ALBANY, New York, August 23, 2012
ALBANY, New York
,
August 23, 2012
/PRNewswire/ --
According to a new market report published by Transparency Market Research
(http://www.transparencymarketresearch.com) "
Neonatal and Preterm
Infants Enteral Feeding Devices Market - Global Industry Analysis,
Size, Share and Forecast, 2012 - 2018,
" the global neonatal and preterm
infants enteral feeding devices market revenue is estimated to reached
USD
2.06 billion
in 2013 and then reach
USD 2.62 billion
by 2018, growing at a CAGR
of 4.9% from 2013 to 2018. The nasogastric tube market is expected to be the
second largest revenue generating segment after enteral feeding pumps by
2018.
Browse the database
at http://www.transparencymarketresearch.com/neonatal-and-
preterm-infants-enteral-feeding-devices-market.html
The global neonatal and preterm enteral feeding devices market has shown a
healthy growth rate over the past few years and this trend is expected to
continue till 2018 due to the increase in the number of preterm infants in
critical care. Price still remains the major concern however; increases in
demand of private healthcare along with technological advancement and rise in
disposal family income overcomes this constraint and will drive the future
growth of the market.
In 2011, the enteral feeding pumps market was the largest revenue generating
segment, accounting for 59.0% of the total neonatal and preterm enteral
feeding devices market revenue. The nasogastric tube market is the second
largest revenue generating segment, accounting for 14.0% of the overall
market, followed by PEG tube and gastrostomy tube segment in 2011.
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Amongst all the geographical regions,
Asia-Pacific
is forecast to lead the global
market in terms of usage of infant enteral feeding devices followed by
Europe
and
North America
in 2018. The
Asia-Pacific
market is driven by increasing
preterm incidences, rise in standard of living and rise in disposable incomes.
The North American market is expected to experience sedentary growth rate
due to maturity of the market and is forecast to have a market share of 27.4%
of the overall market in 2018.
The opportunities in the neonatal and preterm infants' enteral feeding devices
market are huge, as many market players are continuously investing and
focusing on new product development. Abbott Nutrition is a market leader in
the enteral nutrition formulation market accounting for 24% of the overall
market share. The other major players include Nestle with 22% of the market
share and Danone with 20% of the market share.
This report helps to identify factors, which will be the driving force behind the
neonatal and preterm infants' enteral feeding devices market and sub-markets
in the next six years. The report provides extensive analysis of the neonatal and
preterm infants' enteral feeding devices
industry, current market trends,
industry drivers and challenges for better understanding of the market
structure. The report has segregated the neonatal and preterm infants enteral
feeding devices industry in terms of its product types and geography.
Major Segments Analyzed
By product
type
Enteral
Feeding Pump
Low Profile Gastrostomy
PEG Tube
Nasogastric Tube
Gastrostomy Tube
Giving Set
By geography
North America
Europe
Asia Pacific
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