Industry Background:
Parenteral nutrition is a medication given by the intravenous vaccination of nutrition, which includes protein, carbohydrate, minerals and electrolytes, and other trace elements for patients. who cannot eat food through tube feeding in infants as well as adults, due to the high prevalence and substantial rise in chronic diseases is driving the global parenteral nutrition market. Nowadays, parenteral nutrition becomes a changing face in Oncology, an effective type of nutrition. Individuals and healthcare authorities are paying extensive focus on limiting the mortality rate due to early birth and are thereby focus on the use of parenteral nutritionAccording to AMA, the market for Parenteral Nutrition is expected to register a CAGR of 5.4% during the forecast period to 2026. This growth is primarily driven by High Prevalence of Malnutrition, Increase in the Geriatric Population, Increased Novel Parenteral Nutrition Combination In The U.S. And Europe, Rise in Constant Rate of Chronic Diseases, Rise in Cancer, AIDS, Diabetes and Rise in Number of Pre-Term Birth Rates.
Globally, a noticeable market trend is evident New Product Development and Commercialization (Supplemental PN, Premixed PN Formulations, Lipid Emulsions). The Health Care sector in the North America 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 Baxter International (United States), Hospira (United States), B. Braun Melsungen (Germany), Grifols International (Spain), Fresenius Kabi (Germany), Otsuka Pharmaceuticals Factory (Japan), Actavis (United States), Sichuan Kelun Pharmaceutical (China), Claris Lifesciences Limited (India) and Pfizer, Inc. (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.
Key Developments in the Market:
Baxter International and ASPEN Collaborated and Launched an Educational Video Series on Appropriate Use of Parenteral Nutrition
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
Market Drivers
- High Prevalence of Malnutrition
- Increase in the Geriatric Population
- Increased Novel Parenteral Nutrition Combination In The U.S. And Europe
- Rise in Constant Rate of Chronic Diseases
- Rise in Cancer, AIDS, Diabetes
- Rise in Number of Pre-Term Birth Rates
Market Trend
- New Product Development and Commercialization (Supplemental PN, Premixed PN Formulations, Lipid Emulsions)
Restraints
- Increasing Rate of Metabolic Complications and Liver Diseases after Taking Parenteral Nutrition
Opportunities
Rising Cases of Preterm Birth, Which Leads To Malnutrition, Is a Key Reason Fuelling the Consumption of Parenteral Nutrition in Asia Pacific and Increase in Prevalence of Chronic Kidney Disorders In Highly Populated Countries, Such As China and India
Challenges
Parenteral Nutrition Facing Challenge to Provide Total Energy Requirements and Essential Fatty Acids
AMA Research follow 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 mostly 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 showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include 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, Parenteral Nutrition Study Sheds Light on
The Parenteral Nutrition Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Parenteral Nutrition industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Parenteral Nutrition industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey 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 value they currently claim, or capture the new addressable opportunity.