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European IV Therapy and Enteral Nutrition Market


Increasing Incidence of Diseases Revives the European IV Therapy and Enteral Nutrition Market


The European enteral nutrition and IV therapy devices market is currently in its growth period; a phase that will continue for at least another five years. The escalating incidence of diseases and the expansion of aged population will strongly influence market growth. However, reimbursement restrictions and strict regulations governing the materials used in these devices will exert downward pressures.


Frost & Sullivan finds that the European Enteral Nutrition Devices Market earned revenues of $ 290.0 million in 2005.


"The rising incidence of various diseases has fuelled the need for IV therapy and enteral nutrition devices," notes Frost & Sullivan Research Analyst Harini Subramani. "This trend has been positively reinforced by the shift to the homecare segment and has resulted in significant revenue growth."


However, declining prices constitute a major challenge to sustained market expansion. Reimbursement regulations in some European countries are also acting as a major restraint to revenue growth.


"The downward trend in prices is pressurising manufacturers to devise strategic plans to boost their revenue," advises Ms. Subramani. "Market participants can branch out into eastern Europe, which is not as heavily regulated as western Europe and where the demand for these devices is high."


For more details, contact : Radhika Menon Theodore - Corporate Communications at