“Global Enteral Nutrition Market, By Product Type (Conductors, Transformers, Towers, Protection Devices, Others), By Method of Transmission (Overhead Lines, Submarine Power Cables, Underground Cables), as well as by Region – Global Forecast 2020 to 2030.”, which offers a comprehensive view of the Global Enteral Nutrition Market through systematic segmentation, covering every aspect of this target market. The 5-year (2020–2025) cumulative revenue of this market is projected to be over $21,329.9 Mn, and is estimated to increase significantly over the latter part of the forecast period.
Enteral nutrition generally refers to any method of feeding that uses the gastrointestinal (GI) tract to deliver part or all of an individual’s caloric requirements. It can include a normal oral diet, the use of liquid supplements or delivery of part or all of the daily requirements by use of a tube (tube feeding).
The ever-increasing number of patients being admitted across the world due to various chronic disorders such as neurological disorders, cancer, etc., that require enteral nutrition equipment as part of their respective diagnosed treatments. This is a primary factor that is expected to continue to fuel the revenue growth of the global enteral nutrition market in the years to come. Moreover, the steady increase in the number of premature births being registered, where these infants require appropriate nutrition levels to sustain themselves while being nursed to better health is also a factor that slated to compliment opportunities for market growth. Furthermore, the exponential increase in the global geriatric population is expected to substantially increase the demand for products from this sector, as they are more susceptible to developing various disorders, neurological or otherwise, that would require specific medical assistance. In addition to this, significant changes in the lifestyle of numerous individuals is resulting in the development of various other ailments and disorders as well. These are some of the other elements that is anticipated to further augment the global market footprint of this sector, and are some of the most crucial factors that are anticipated to play a critical role in catapulting the projected revenue of the Global Enteral Nutrition Market to $29,821.1 Mn by 2029, at a CAGR of 7.1%.
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