Clinical nutrition focuses on the control, diagnosis, and prevention of changes in patients genetically linked to specific chronic disorders and diseases primarily in medical settings. It is also known as human nutrition. The term is used to denote a discipline that involves the study and treatment of nutrition, with an emphasis on its food components and physiological processes. In this discipline, foods are studied in greater detail and their various functions and effects on human nutrition are determined. Medical nutrition therapy provides guidelines and examples for implementing a balanced nutrition plan to prevent and treat chronic diseases such as diabetes and cardiovascular diseases.
The global medical nutrition market is estimated to be valued at US$ 12.2 billion in 2020 and is expected to exhibit a CAGR of 5.5% during the forecast period (2020-2027).
Advent of innovative product are expected to propel the market growth during the forecast period.
Launch of new product by manufacturers is projected to drive the global medical nutrition market growth during the forecast period. For instance, in July 2019, Baxter international Inc. launched Finomel, a ready-to-use triple-chamber bag for parenteral nutrition (PN) in Europe. Finomel has expanded the company’s portfolio of premixed PN formulations and is providing healthcare providers additional options to meet adult patients’ nutritional needs.
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Increasing agreement &partnership among key players are projected to drive the market growth during the forecast period.
Key players are focused on partnerships which is projected to augment the market growth during the forecast period. For instance, in October 2019, DSM and Wellmetrix, a personal health testing developer, announced a research partnership to explore the use of Wellmetrix’s diagnostic platform to perform non-invasive and point-of-need measurements of key health biomarkers as part of a nutrition intervention using combinations of DSM’s nutritional solutions.
Global Medical Nutrition Market – Impact of Coronavirus (Covid-19) Pandemic
The COVID-19 pandemic has severely affected the clinical trials drastically. According to a survey conducted by Medidata Solutions, Inc. (an American technology company which develops and markets software as a service for clinical trials), on April 23, 2020, 63% of survey respondents reported that they have stopped recruiting new patients for ongoing clinical trials and 43% of the respondents have postponed their studies.
Furthermore, growing number of clinical trials need to be conducted by healthcare facilities and researchers by adhering to the following safety measures:
- Healthcare providers are obtaining patients’ consents over the phone or through video conferences. According to a survey conducted by Medidata Solutions, Inc., on April 23, 2020, 45% of the respondents opted for virtual/telemedicine for consultancy.
- The patients receive a phone call for screening of COVID-19 symptoms before the scheduled in-person visits.
- Assessments of the studies are being done in single outpatient areas.
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Global Medical Nutrition Market: Restraints
The side effects and complications associated by consumption of products is expected to hinder growth of the market. For instance, according to a study published in the scientific journal, Annals of Internal Medicine in December 2013, regular vitamin use increased with increase in income. Moreover, majority of the population earning less than US$ 24,000 per year were did not take vitamins, whereas 55% of the population earning more than US$ 60,000 and more per year took vitamins regularly.
Lack of awareness regarding healthcare, diet, and proper nutrition balance in low-and middle income economies is another key factor, expected to restrict growth of the global medical nutrition market over the forecast period. Rural areas across Africa and Asia Pacific has very low awareness regarding nutritional products and diseases associated with the nutritional deficiencies , this is leading to slow adoption of medical nutritional product, thereby hindering the market growth
Key Players
Major players operating in global medical nutrition market are Abbott, Baxter, Danone S.A., Nestlé, GlaxoSmithKline Plc, Fresenius Kabi AG, Sun Pharmaceuticals Inc., BASF SE and DSM amongst others.
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Table Of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Nutrition Type
- Market Snippet, By Patient Type
- Market Snippet, By Indication
- Market Snippet, By Route of Administration
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Key Developments
- PEST Analysis
- Market Dynamics
- Global Medical Nutrition Market – Impact of Coronavirus (Covid-19) Pandemic
- Impact assessment
- Pre COVID-19 Market Scenario
- Post COVID-19 Market Scenario
- Government measures to combat COVID-19
- Global Medical Nutrition Market, By Nutrition Type, 2016 – 2027, (US$ Bn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Proteins
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Carbohydrates
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Multi-Vitamins and Antioxidants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Amino Acid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Fibers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Minerals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Introduction
- Global Medical Nutrition Market, By Patient Type, 2016 – 2027, (US$ Bn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Infant Nutrition
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Adult Nutrition
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Geriatric Nutrition
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Introduction
- Global Medical Nutrition Market, By Indication, 2016 – 2027, (US$ Bn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Diabetes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Cancer
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Gastrointestinal Diseases
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Metabolic Syndromes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Introduction
- Global Medical Nutrition Market, By Route of Administration, 2016 – 2027, (US$ Bn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Oral
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Enteral
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Parenteral
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Introduction
- Global Medical Nutrition Market, By End User, 2016 – 2027, (US$ Bn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Home Care Settings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Long Term Care
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
- Introduction
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