Industry Background:
The Global Parenteral Nutrition market was valued at USD ~4.3 Billion in 2018 and is expected to reach USD ~5.1 Million by 2023. Clinical nutrition is the method of analyzing if a human being is consuming an adequate amount of nutrients for proper health. A clinical nutritionist is defined with how nutrients in food are processed, stored, and discarded by the human body, With the increased development in infusion service, there is a growing demand for parenteral nutrition.This growth is primarily driven by Increase in the number of cancer patients, as per industry stats, nearly 1.8 million cancer patients die from malnutrition every year..
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Health Care Supplies sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Abbott Laboratories (United States), B. Braun Melsungen AG (Germany), Aveanna Healthcare (United States), AeroCare Holdings (United States), ENvizion Medical Inc. (United States), Medi-Rents & Sales (United States), Option Care Health Inc. (United States), Owens Healthcare (United States), Nutricia (Netherlands) and Zevex (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In Apr 2021, Netle announced the acquisition of Bountiful Company for worth of USD 5.75 billion. Through this initiative the company aims to capture growing demand of global nutrition and supplement category.The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies.
Influencing Trend:
Growing adoption of macronutrients such as ready-to-use MCBs, and Amino Acids & lipids and Leading players are rapidly accelerating the launch of products across the globe
Market Growth Drivers:
Increase in the number of cancer patients, as per industry stats, nearly 1.8 million cancer patients die from malnutrition every year.
Challenges:
Lack of Consumer Awareness
Restraints:
High Cost Associated with Clinical Nutrition Supplies
Opportunities:
Increase adoption of nutrition in oncology and Development in the clinical nutrition portfolio includes instant powder, plant-based nutrients, and many others
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Clinical Nutrition Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Clinical Nutrition Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Clinical Nutrition players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Clinical Nutrition Study Sheds Light on
The Clinical Nutrition Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Clinical Nutrition industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Clinical Nutrition industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.