Press Release

ENTERAL FEEDING DEVICE MARKET CURRENTLY AT 150 MILLION UNITS IN THE US AND EUROPE


February 5th, 2010

Global Information would like to present a market research report, "US and European Markets for Enteral Feeding Devices 2012" by Millennium Research Group.

Increased use of safety devices for small-bore connectors for disposable enteral feeding devices will be a key driver of the enteral feeding device markets in both the US and Europe will drive the market to MORE THAN $700 MILLION IN THE US & EUROPE BY 2014.

"The new small-bore connector safety standards are expected to be released in early 2010. Safety devices will reach the market in late 2010 and will have fully penetrated the market by 2013," says Sara Scharf, Analyst at MRG. "In the meantime, companies such as Nestle Nutrition and Abbott Nutrition have already developed special proprietary connectors that make their brands of enteral tubing incompatible with the connectors on IV lines. Safety products cost more than standard products so their increased adoption will raise prices in all segments of the market for disposable enteral feeding devices."


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Product Code : 106267