Global Parenteral Nutrition Market is valued at USD 6145.2 Million in 2020 and expected to reach USD 9301.3 Million by 2027 with a CAGR of 6.1% over the forecast period.
Scope of Global Parenteral Nutrition Market Report:
Parenteral nutrition is a procedure in which there is intravenous feeding of nutrition into the body through veins. The nutrition’s given by intravenous feeding is either total parenteral nutrition or only supplemental. It is frequently used in a medical condition where a patient is not able to get enough nutrients through the food due to the obstruction of the gastrointestinal tract. This guides to the not enough nourishment of the body. Carbohydrates, water, proteins, fats, electrolytes, vitamins, and minerals which are required for the building of tissue expenditure of energy, and other physiologic activities are provided by total parenteral nutrition.
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Some of the key players/Manufacturers involved in the Parenteral Nutrition Market are:
- Allergan plc
- Melsungen AG
- Pfizer Inc.
- Fresenius Kabi AG
- Grifols S.A.
- Baxter International Inc.
- Vifor Pharma Management Ltd.
- Sichuan Kelun Pharmaceutical Co. Ltd.
- and others.
Global Parenteral Nutrition Market Segmentation Analysis:
By Nutrition Type:
- Lipid Emulsion
- Single Dose Amino Acid Solution
- Trace Elements
- Vitamins and Minerals
By Consumer Type:
News: Baxter Announced U.S. FDA Approval of Clinimix and Clinimix E with Higher Protein for Patients Requiring Parenteral Nutrition
On September 15th, 2020; Baxter International, Inc. announced the U.S. Food and Drug Administration (FDA) authorization of another formulation of Clinimix Injections and Clinimix E Injections. A Clinimix and Clinimix E definition offers the most noteworthy protein in a multi-chamber sack in the U.S., permitting clinician’s greater adaptability in meeting their patients’ nutritional objectives. Parenteral nutrition is an intravenous association of nutrition that accepts a huge part in lessening malnutrition and may consolidate proteins, lipids, carbohydrates, electrolytes, vitamins and other trace elements.
North America is Expected to Dominate the Global Parenteral Nutrition Market
North America is expected to dominate the global parenteral nutrition market during the forecast period due to the increasing cases of chronic diseases like cancer and diabetes, growing malnutrition among geriatric population and increased R&D investment by leading players in this region. For instance, according to World Health Organization (WHO); in 2018, about 2,378,785 new cancer cases were seen in North America.
The Asia-Pacific region is expected to witness a fastest growth in the global parenteral nutrition market due to increasing cases of chronic diseases, growing awareness of parenteral nutrition and improving healthcare infrastructure in this region. For example, according to the American Society of Clinical Oncology Journal, the number of cancer patients in India in 2020 was approximately 1,392,179.
On Special Requirement Parenteral Nutrition Market Report is also available for below region:
- S., Canada
- Germany, France, U.K., Italy, Spain, Sweden, Netherlands, Turkey, Switzerland, Belgium, Rest of Europe
- South_Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest Of APAC
- Mexico, Colombia, Brazil, Argentina, Peru, Rest of Latin America
Middle East and Africa
- Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA
Key Questions This Study Will Answer:
- What is the scope of growth in the Parenteral Nutrition market?
- What is the core strategy for growth in the Parenteral Nutrition market?
- What is the promise of growth in the long run?
- What is the promise of growth during the forecast period?
- How big is the Parenteral Nutrition market?
- What are the main opportunities for growth in the Parenteral Nutrition market?
- What is the scope of growth in a particular country/ region of my interest?
- What are the risks involved in investing in the Parenteral Nutrition market?
- Who are the key players in the Parenteral Nutrition market?
- What are the core strategies of key players in the Parenteral Nutrition market?
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