The article cited AMA's "Global Parenteral Nutrition Market Study" explored substantial growth in North America and CAGR of 5.4%. According to the report, New Product Development and Commercialization (Supplemental PN, Premixed PN Formulations, Lipid Emulsions) is one of the primary growth factors for the market. High Prevalence of Malnutrition
is also expected to contribute significantly to the Parenteral Nutrition market. Overall, Premature Infants, Neonates and Children
applications of Parenteral Nutrition, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Online, is boosting the Parenteral Nutrition market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Parenteral Nutrition market identified that the demand is rising in many different parts of the world as "Rising Cases of Preterm Birth, Which Leads To Malnutrition, Is a Key Reason Fuelling the Consumption of Parenteral Nutrition in Asia Pacific
". Furthermore, some recent industry insights like "In Mar 2019, Baxter International Announced the Launch of Clinolipid (20% Lipid Injectable Emulsion), A Proprietary Olive Oil-Based Lipid Emulsion, Where Baxter Featured Portfolio of Parenteral Nutrition to Focus on Malnourished Patients, and additionally Parenteral Nutrition defined “Smartpn Video Series” A Modern Medicine, Which Serve as Therapeutic Modality for All Age Groups Especially Those in the Acute and Critical Care Settings within Four Part of Series" is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Parenteral Nutrition market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Parenteral Nutrition market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.