Automotive Stainless Steel Tube Market Analysis 2013 and Forecast to 2024

Global Automotive Stainless Steel Tube Market is projected to reach USD 4.72 million by 2024, according to a new report by Grand View Research, Inc. Growing automotive industry is projected to be the biggest driver of this market over the forecast period.
The market is segmented on the basis of product into welded and seamless. Advantages such as high strength, resistance to shocks due to collisions and high energy absorption capacity have increased the popularity of stainless steel tube in automotive applications.
Welded stainless steel tube was widely used in the automotive industry in 2015. These are readily available in the market and are less expensive than the seamless tube, making them popular among automobile manufacturers. Asia Pacific is projected to be the fastest-growing region over the forecast period.

In the automotive sector, where steel tubes are exposed to extreme temperatures and pressures, seamless products play an important role courtesy their high corrosion and heat resistant properties. These find applications in important automobile components such as fuel supply systems and gearboxes.

Access for full detail of Report: http://www.grandviewresearch.com/industry-analysis/automotive-stainless-steel-tube-market

Further key findings from the report suggest

• Welded stainless steel tube is projected to witness an increase in demand due to their low price and high reliability and are expected to grow at a CAGR of 3.6% from 2016 to 2024
• The market was dominated by Asia Pacific in 2015 and is projected to witness the highest CAGR of 4.4% from 2016 to 2024 owing to presence of major automobile manufacturers such as Honda, Hyundai, Tata Motors, and Toyota Motors in the region
• Europe accounted for a revenue share of over 20% in 2015 and is expected to witness considerable growth on account of growing vehicle demand in Germany, Italy, and UK

 
View all Related Reports from same Category: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

Grand View Research has segmented the automotive stainless steel tube market on the basis of product and region:
 
Product Outlook (Volume, Tons; Revenue, USD Thousand, 2013 - 2024)

• Welded Automotive Stainless Steel Tube
• Seamless Automotive Stainless Steel Tube

Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2013 - 2024)
North America

• U.S.

Europe

• Germany
• UK

Asia Pacific

• China
• Japan

Central & South America

• Brazil

MEA
 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-automotive-stainless-steel-tube-market 
 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
For more Information visit us@ www.grandviewresearch.com

Automotive Sensor Industry Outlook 2012-2022 by Market Segmentation, Size, and Share

Global Automotive Sensor Market size is expected to reach USD 36.76 billion by 2022, according to a new study by Grand View Research, Inc. Favourable government regulations for increasing overall passenger security and safety is expected to augment market demand over the forecast period. These products have become an important part of automobiles, and detect physical parameters such as speed and heat and take preventive measures in case of any danger.

Growing consumer adoption of electric, hybrid and hydrogen fuel-cell-powered motor vehicles is expected to drive demand for battery monitoring. Image sensor-based ADAS systems have become essential for tracking and identifying potential hazards. Additionally, rising number of autonomous vehicles in yielding lower fuel consumption and reduced traffic congestion features in developing countries such as Japan and China is expected to favourably impact the automotive sensor market. Demand for retrofitting of advanced systems into the existing motor vehicle fleet is also expected to augment demand.

Access for full Detail of Report: http://www.grandviewresearch.com/industry-analysis/automotive-sensors-market

Further key findings from the study suggest:

• Advanced proximity and positioning sensors help remotely determine the location of an object, and this segment is expected to grow at a CAGR of over 11.0% from 2015 to 2022. These products include radar, infrared, ultrasonic, and laser devices, and are finding application in detection of objects around vehicles in addition to occupancy sensing.
• Sensors used for safety and security applications monitor wheel speed, occupant position tire inflation, etc. For instance, Jaguar F-type uses these products for blind spot monitoring and close vehicle sensing designed to alert the driver about the presence of another vehicle in an adjacent lane by providing a visual warning indicator in the door’s mirror.
• Asia Pacific is expected to remain the leading regional market through the forecast period. The North American automotive sensor market is characterized by the presence of a stringent regulatory landscape. The U.S. NHTSA is attempting to control driver support technologies and direction of automotive collision avoidance. The government is expected to mandate fitment of V2V safety technology in future cars. In addition, the U.S. Association of Automobile Manufacturers (AMM) is expected to leverage rear-view camera and removing side-view mirrors, which can reduce noise and fuel consumption. Outsourcing of manufacturing process to low-cost countries like Mexico, China, Bulgaria, Malaysia, India or the Dominican Republic due to high labor costs in the U.S. is a key industry trend.
• Major industry participants such as Bosch focus on research and development to ensure product differentiation. The company’s R&D efforts have focused on development of efficient methods for ensuring reliability, precise 3D environment recognition, and securing the electronics architecture through constant plausibility checks on the data supplied. Other key players such as Freescale, Sensata, and Denso Corporation provide products that cater to a wide range of applications, such as ADAS, body electronics, chassis and safety, etc.

View all the related reports from same Category: http://www.grandviewresearch.com/industry/sensors-and-controls

For the purpose of this study, Grand View Research has segmented the automotive sensor market on the basis of product, application and region:

Automotive Sensor Product Outlook (Revenue, USD Million, 2012 - 2022)

• Physical Property
• Process Variable
• Proximity & Positioning
• Chemical Property
• Others

Automotive Sensor Application Outlook (Revenue, USD Million, 2012 - 2022)

• Engine & Drivetrain
• Safety & Security
• Emission Control
• Others

Automotive sensor Regional Outlook (Revenue, USD Million, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-automotive-sensors-market
 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
For more Information visit us@ www.grandviewresearch.com

Angioplasty Balloon Market Competitive Landscape Company Profile, Financial Performance, Product and Strategic Initiative

Global Angioplasty Balloon Market is expected to reach a value of USD 2.9 billion by 2024, according on a new report by Grand View Research, Inc. The growth of the market is attributed to favourable government policies, approval & commercialization of several angioplasty balloons, and increasing coronary & peripheral interventions. Angioplasty is a minimally invasive procedure, hence patients and surgeons prefer this procedure over high cost stent placements.

Furthermore, advancements in the angioplasty balloons are likely to propel the market. For instance, in December 2014 Medtronic plc received a U.S.FDA approval for their drug coated balloon IN. PACT Admiral for the treatment of peripheral artery disease. Approval and commercialization of cutting and scoring balloons, such as Flextome, AngioSculpt, TREK and MINI TREK balloon, rising adoption of new balloons, and lower cost as compared to stent placement are likely to drive the market during the forecast period.

Access for full detail of Report: http://www.grandviewresearch.com/industry-analysis/angioplasty-balloons-market

Further Key Findings from the Study Suggest:

• Normal balloon segment dominated the market in 2015 due to low cost and favourable U.S. FDA policies. Its ability to treat coronary artery obstruction is further expected to propel the market growth.
• Drug-eluting balloon segment is anticipated to be the most lucrative during the forecast period. This is attributed to increasing investment in R & D by major players and lower restenosis rates.
• Coronary balloon dominated in 2015 and is expected to maintain its dominance during forecast period. This is due to rising incidence rate of coronary artery diseases around the globe.
• Peripheral is the most lucrative segment owing to launching of new peripheral products in recent years. Market players are in a process of introducing newer products with increased efficiency.
• Ambulatory surgery centers dominated the end use segment in 2015. They accounted for the highest share of the vertical as they help minimize the medical expenses and hospital stay.
• Regionally, North America dominated the market in 2015 and is expected to maintain its position during the forecast period due to local presence of major market players and high cost of devices as compared to other regions.
• Asia Pacific is anticipated to be fastest growing segment during the forecast period due to rising healthcare expenditure, growing investment of key market players in the region, and high patient population.
• Some of the market players operating in the industry are Abbott; Boston Scientific Corporation; Cardinal Health (Cordis); Cook Medical; C. R. Bard, Inc.; ENDOCOR GmbH; Medtronic; Spectranetics; and Johnson & Johnson.  

View all related Reports from same Category: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the angioplasty balloons market by balloons type, application, end-use, and region:

Type Outlook (Market Revenue in USD Million, 2013 - 2024)

• Normal Balloons
• Drug Eluting Balloons
• Cutting Balloons
• Scoring Balloons

Application Outlook (Market Revenue in USD Million, 2013 - 2024)

• Coronary
• Peripheral

End Use Outlook (Market Revenue in USD Million, 2013 - 2024)

• Ambulatory Surgery Centers (ASCs)
• Hospitals
• Catheterization Laboratories (Cath Lab)

Regional Outlook (Market Revenue in USD Million, 2013 - 2024)
North America

• U.S.
• Canada

Europe

• UK
• Germany

Asia Pacific

• Japan
• China

Latin America

• Brazil
• Mexico

Middle East and Africa

• South Africa

 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-angioplasty-balloons-market
 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
For more Information visit us@ www.grandviewresearch.com

Loudspeaker Market Competitive Analysis by Company Profile, Financial Performance, Product and Strategic Initiative

Global Loudspeaker Market is estimated to reach USD 8.48 billion by 2025, according to a new report by Grand View Research, Inc. Increasing middle class population and rising disposable income is expected to propel industry growth. Rising in-home entertainment, decreasing sound quality of the television owing to reduction in size and growing entertainment spending is anticipated to boost industry over the forecast period.

Technological advancements in design, sound quality, size and power, and new product introduction are anticipated to drive demand over the next seven years. The increasing popularity of wireless streaming of audio content among consumer is also expected to boost demand over the forecast period.

Access for full Detail of Report: http://www.grandviewresearch.com/industry-analysis/loudspeaker-market

Further key findings from the study suggest:

• Type of loudspeakers available in market includes satellite/subwoofer, sound bar, in-wall speaker, multimedia speaker, outdoor speaker, and subwoofers. The sound bar segment is anticipated to grow at a CAGR over 8% from 2016 to 2025. Growing number of the smart home is anticipated to offer growth opportunities for sound bar market over the next seven years.
• Consumers use computers and laptops for watching movies and playing gaming and it has become an accepted pastime for people. The consumers are anticipated to upgrade their systems for better sound quality or sound experience. With an increase in availability of downloadable music or growing penetration of online buffering sites such as YouTube and Dailymotion, consumers are expected to upgrade their multimedia speakers.
• North America and Europe is anticipated to be key region over the forecast period owing to growing popularity of in-home entertainment. Asia Pacific loudspeaker market is expected to witness tremendous growth owing to increasing disposable income and rising population. India and China are expected to the major region over the next seven years owing to high consumer base and growing popularity of sound bar in the region.
• Key industry players include Bose Corporation, Harman International Industries Inc., B&W Group Ltd., Audiovox Corporation, Boston Acoustics Inc., Creative Labs Inc, and Directed Electronics Inc. Other vendors include Altec Lansing, , KLH Audio Systems, Klipsch Group Inc., Yamaha Corporation of America, Cambridge Sound Works Inc., Sonance, Speaker Craft Inc., and Velodyne Acoustics Inc.
• In February 2015, Bose announced the introduction of SoundLink Bluetooth Speaker III, integrating Bose proprietary technologies to reproduce music with depth and clarity. In May 2014, Dynaudio announced the release of its latest generation of wireless high-end loudspeaker series at Europe’s largest HiFi exhibition. In January 2016, Harman International announced the release of next generation of Infinity Kappa series subwoofers to deliver high performance and low distortion.
• In January 2016, Klipsch announced the launch of its Reference Premiere HD Wireless Speaker. In September 2012, Polk Audio announced a collaboration with Microsoft’s Interactive Entertainment Business to position Polk as a strategic premium audio solution partner for Xbox 360
• In August 2015, the LG launched curved sound bar, Music Flow HS8; this loudspeaker is currently only available in Europe, but is anticipated to be released in the U.S. in the coming years. As television manufacturers such as Sony and Samsung begin to innovate and develop more curved TV, it is likely that these players will also launch curved sound bars over the forecast period.

View all Related Reports from same Category: http://www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the loudspeaker market on the basis of type and region:

Loudspeaker Type Outlook (Revenue, USD Million, 2014 - 2025)

• Satellite/subwoofer
• Subwoofer
• In-wall
• Outdoor
• Sound bar
• Multimedia

Loudspeaker Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-loudspeaker-market

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
For more Information visit us@ www.grandviewresearch.com

Epigenetics Market Segmentation on the basis of Product, Technology, Application and Region

Global Epigenetics Market is expected to reach USD 16.31 billion by 2022, according to a new report by Grand View Research, Inc. Growing worldwide prevalence of cancer and other diseases with epigenetic modification base is expected to drive market growth during the forecast period. 

Diagnostic companies are coming up with new products such as antibodies specific for the detection of modifications and new upgraded kits for easy and efficient detection of biomarkers. This is expected to attract pharmaceutical companies to collaborate for the development of therapeutic drugs. 

Presence of pipeline drugs and their expected commercialization is anticipated to boost penetration rates over the forecast period. For instance, Ramucirumab (Cyramza) by Eli Lilly and Company was approved by the FDA for use in combination with Folfiri for the treatment of patients with metastatic colorectal cancer. 

Technology advancements in the field of epigenetics especially pertaining to the detection of methylation markers related to cancer development is expected to improve usage rates during the forecast period. For instance, Epi proLung BL Reflex Assay by Epigenomics helps in the diagnosis of lung cancer by determining methylation of SHOX2 biomarker gene. 

Access for full detail of Report: http://www.grandviewresearch.com/industry-analysis/epigenetics-market

Further key findings from the report suggest:
·         Epigenetic reagents were the largest market valued at over USD 1.2 billion in 2014 owing to the increasing amount of R&D investments and high consumption rates. Kits are expected to gain rapid growth in demand due to the increasing need of rapid and accurate detection techniques.
·         DNA methylation was the largest technology segment accounting for over 47.0% revenue in 2014. The introduction of technological advancement such as Methylation Sensitive PCR (MSP) and rapid adoption of these products to improve diagnostics efficiency are some factors attributing for its largest share.
·         Oncology was the largest application market, with revenue valued at over USD 2.75 billion. Growing prevalence of cancer with epigenetic modification base and strong product pipeline are some factors attributing to its market position.
·         Non oncology segment is anticipated to register the fastest growth of over 20.0% during the forecast period. The segment is dominated by metabolic diseases owing to, the growing base of population suffering from diabetes and organ failure and increasing prevalence of sedentary lifestyle.
·         North America was observed to be the largest regional epigenetics market accounting for over 38.0% of the overall revenue, due to factors such as the increasing cancer prevalence, increasing amount of funding for R&D, growing collaborations between large pharmaceutical firms for development of improved therapeutics, high patient awareness levels.
·         The Asia Pacific market is estimated to witness lucrative growth over the forecast period owing to, the presence of large prevalence of target diseases and high unmet medical needs
·         Some key players of the epigenetics market include Illumina, Abcam, Diagenode, Thermo Fisher Scientific, Merck, Zymo research, Qiagen, CellCentric Ltd, Chroma Therapeutics Ltd, Eisai Co. Ltd, Novartis International AG, Oncolys Biopharma Inc., Syndax Pharmaceuticals, Inc., Valirx Plc and Sigma-Aldrich Corporation.
·         Extensive R&D initiatives aimed at the development of novel drugs and the presence of strong product pipeline is expected to further boost market growth over the forecast period. 

View all Related Reports from same Category: http://www.grandviewresearch.com/industry/medical-devices 

Grand View Research has segmented the global epigenetics market on the basis of product, technology, application and region:

Epigenetics Product Outlook (Revenue, USD Million, 2015 – 2022)
·         Reagents
·         Kits
·         Instruments
·         Enzymes
·         Services
Epigenetics Technology Outlook (Revenue, USD Million, 2015 – 2022)
·         DNA Methylation
·         Histone Methylation
·         Histone Acetylation
·         Large noncoding RNA
·         MicroRNA Modification
·         Chromatin structures
Epigenetics Application Outlook (Revenue, USD Million, 2015 – 2022)
Oncology
·         Solid Tumors
·         Liquid Tumors
Non Oncology
·         Inflammatory Diseases
·         Metabolic Diseases
·         Infectious Diseases
·         Cardiovascular Diseases
Epigenetics Market Regional Outlook (Revenue, USD Million, 2015 – 2022)
North America
·         U.S.
·         Canada
Europe
·         UK
·         Germany
Asia Pacific
·         Japan
·         China
·         India
Latin America
·         Brazil
·         Mexico
Middle East and Africa (MEA)
·         South Africa
 
Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-epigenetics-market 

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com 
For more Information visit us@ www.grandviewresearch.com

Enzymes Market Quantitative Analysis by Market size, estimates, and forecast from 2013 to 2024

Global Enzymes Market is expected to reach USD 17.50 billion by 2024, according to a new report by Grand View Research, Inc. Growing demand for enzymes in food & beverage products as they improve quality and eliminate deficiencies in the products is expected to propel industry growth in the near future.

Increasing demand for bioethanol and biodiesel in emerging economies including India, Brazil, and Thailand will augment industry growth over the forecast period. Growing number of government investments along with R&D activities in industrial enzymes will drive demand over the next eight years.

Rising population along with rising living standard will drive processed foods demand, which in turn will stimulate industry expansion. In addition, emerging protein design algorithms, along with growing inexpensive DNA sequencing technology will open new market avenues over the next seven years.

Carbohydrases accounted for 47.7% of the global market share in 2015, dominating the enzymes industry and the segment is expected to show significant growth in light of high usage in animal feed, textile, food & beverages, and pharmaceutical applications. Moreover, mounting usage of artificial sweeteners, prebiotic products, and juices is expected to fuel product demand over the forecast period. 

Access for full detail of Report: http://www.grandviewresearch.com/industry-analysis/enzymes-industry

Further key findings from the report suggest

• Specialty enzymes are anticipated to witness the fastest growth at a CAGR of 9.2% from 2016 to 2024 on account of increasing awareness regarding therapies for chronic diseases, along with growing incidences of digestive enzyme disorders. Moreover, increasing usage of the ingredient for diagnostic solutions is expected to augment growth. Chemical reactions in research & biotechnology are accelerated by making the use of enzymes. They also optimize the yield of the production processes, which is expected to bolster demand over the forecast period.
• Animal feed is likely to witness significant growth at a CAGR of 9.0% from 2016 to 2024 as a result of mounting demand for swine, bovine, poultry and aquaculture species. Growing global meat production coupled with rising health concern regarding meat quality will augment animal feed demand, which is expected to stimulate industry expansion.
• North America enzymes market was valued at USD 3.59 billion in 2015 and will show high gains in light of favorable government policies along with a robust manufacturing base in the U.S. Growing demand for animal feed and biofuels in the U.S. is expected to drive market size.
• Latin America accounted for 8.3% of the overall enzymes market and will show substantial growth in light of rapid industrialization coupled with increasing biodiesel production in Brazil and Argentina.
• Key industry players include Novozymes, Danisco, Royal DSM, BASF SE, DuPont, Lonza Group, and Advanced Enzymes Technologies Ltd. In January 2014, DuPont launched LAMINEX MaxFlow 4G enzyme, intended for increasing texture, taste and appearance of beer in beverages applications. 

View all related reports from same Category: http://www.grandviewresearch.com/industry/catalysts-and-enzymes 

Grand View Research has segmented the global enzymes market on the basis of type, product, application and region:

Global Enzymes Type Outlook (Revenue, USD Million, 2013 - 2024)

• Industrial enzymes
• Specialty enzymes

Global Enzymes Product Outlook (USD Million, 2013 - 2024)

• Carbohydrase
• Proteases
• Lipases
• Polymerases & nucleases
• Others

Global Industrial Enzymes Application Outlook (Revenue, USD Million; 2012 - 2022)

• Food & Beverages
• Detergents
• Animal Feed
• Textile
• Paper & Pulp
• Nutraceutical
• Personal Care & Cosmetics
• Wastewater

Global Specialty Enzymes Application Outlook (Revenue, USD Million; 2012 - 2022)

• Pharmaceuticals
• Research & biotechnology
• Diagnostics
• Biocatalyst

Global Enzymes Regional Outlook (Revenue, USD Million, 2013 - 2024)
North America

• U.S.
• Mexico
• Canada

Europe

• Germany
• UK
• France

Asia Pacific

• China
• India
• Japan

Latin America

• Brazil

MEA
 
Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-enzymes-market 

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com 
For more Information visit us@ www.grandviewresearch.com

Enteral Feeding Formulas Market Analysis 2015 and Forecast up to 2024

Global Enteral Feeding Formulas Market is expected to reach over USD 7.5 billion by 2024, according to a new report by Grand View Research, Inc. Key factors driving growth include increase in geriatric population, rise in chronic diseases, rising preterm births, and increasing demand for home care services. 

The enteral feeding formulas market is expected to witness lucrative growth over the forecast period, owing to a few benefits such as the preservation of gastrointestinal tract structure and its functioning, low-cost alternative to support the patient nutrition, and lowering of rate of infection. 

According to the WHO, an estimated 15 million babies are born prematurely, which accounts for 1 in every 10 babies. Furthermore, nearly 1 million children die every year due to complications of preterm birth. The growing nutritional requirements for neonates, infants, and children are boosting the consumption of various enteral feeding products. Moreover, the children suffering from chronic disease conditions and severe malnutrition are expected to drive the use of specialized formulas over the forecast period. 

Increase in aging population will have a major impact on the enteral feeding formulas market. The ageing population requires more focus to treat chronic diseases like osteoporosis, heart disease, Alzheimer’s disease, and others. According to Administration on Ageing, it is estimated that approximately 80% of people aged 65 and above have at least one chronic illness; as a result, the usage of various enteral feeding formulas is expected to grow rapidly over the forecast period. 

Access for full detail of Report: http://www.grandviewresearch.com/industry-analysis/enteral-feeding-formulas-market

Further Key Findings from the Study Suggest:

• In 2015, standard formulas dominated the enteral feeding formulas market with a revenue share of over 64.3%. The use of standard formulas from many years is one of the key reasons for the high share. However, the disease-specific formulas segment is expected to have the highest CAGR of 8.6%. The healthcare providers prefer the use of disease-specific formulas to tackle the disease-based nutritional deficiencies in pediatric and adult patients.
• The oncology segment accounted for the maximum share of over 36% in 2015. The diabetic segment is expected to be the fastest growing application with a CAGR of 8.4% over the forecast period.
• North America accounted for the majority share of over 38%, due to growing disease burden, increase in geriatric population, growing number of surgical procedures, increasing awareness about nutritional supplements, and well-developed healthcare networks
• Some key players operating in the market are Abbott Laboratories, Nestle S.A, Danone S.A, Fresenius Kabi AG, B. Braun Melsungen AG, Mead Johnson & Company, LLC. These players face intense competition and therefore, these companies leverage their brand value and sales channel network to increase their market share. 

View all Related Reports from same Category: http://www.grandviewresearch.com/industry/pharmaceuticals 

Grand View Research has segmented the enteral feeding formulas into type, stage, application, end use and region.

Enteral Feeding Formulas Market, by Product (USD Million, 2015 - 2024)

• Standard Formulas
• Disease Specific formulas

Enteral Feeding Formulas Market, by Stage (USD Million, 2015 - 2024)

• Adults
• Pediatric

Enteral feeding Formulas Market, by Application (USD Million, 2015 - 2024)

• Oncology
• Gastroenterology
• Neurology
• Diabetes
• Critical care

Enteral Feeding Formulas Market, by End User (USD Million, 2015 - 2024)

• Hospitals
• Long-term care
• Homecare

Enteral Feeding Formulas Market, by Region, (USD Million, 2012 - 2024)
North America

• U.S.
• Canada

Europe

• Germany
• UK

Asia Pacific

• Japan
• China

Latin America

• Brazil
• Mexico

MEA

• South Africa

 
Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-enteral-feeding-formulas-market 

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com 
For more Information visit us@ www.grandviewresearch.com