Parenteral Nutrition Market Growth Report 2018: Consumption Comparison by Application, Demands, Revenue Estimates and Forecast to 2028

According to the current analysis of Reports and Data, the global Parenteral Nutrition market was valued at USD 6,018.4 Million in 2020 and is expected to reach USD 9,158.7 Million by 2028, at a CAGR of 5.3%. Parenteral nutrition, or intravenous nutrition, is a method of bringing nutrition to your body through the veins. This form of diet is used to help people who cannot draw their essential nutrients from food. It has become a well-established intervention for the following indications: to maintain the lives of patients with short bowel syndrome; for perioperative use in patients with nutritional deprivation; to improve the quality of life of patients with inflammatory bowel disease; to help with the healing of enter-cutaneous and pancreatic fistulas. Also, used widely for hypermetabolic conditions such as sepsis, trauma, burns, and acquired immune deficiency syndrome; in neonatal and pediatric patients. It is considered to be a crucial source for meeting the nutritional needs of the body, especially in cancer patients. According to the World Health Organization, cancer is the second leading cause of death in the world and is responsible for about 9.6 million deaths in 2018. Worldwide, approximately one in six deaths are due to cancer. With an increase in the number of cancer cases, the demand is expected to increase with a high CAGR. In addition to cancer, other health issues such as Crohn's disease, ischemic bowel disease, and increased prevalence of chronic diseases have increased adoption provide patients with essential nutrients. These nutrients are vital for maintaining high levels of energy, hydration, and strength. Besides, the growing gap between needs and the actual absorption of essential nutrients into the body is fueling up the industry.

Key participants include Baxter International Inc.; Grifols International S.A.; Actavis Inc.; B. Braun Melsungen AG; Fresenius Kabi AG; Hospira Inc., Claris Lifesciences Limited, Sichuan Kelun Pharmaceutical, Pfizer and Aculife (Nirlife).

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/parenteral-nutrition-market

Major Points Covered in the Global Parenteral Nutrition Market Report:

·       Market Coverage: This section of the report provides significant details on key market aspects including the key market segments, product innovation scope, and macro-economic and micro-economic growth indicators. In addition, the report segments the global Parenteral Nutrition market based on product type, technology landscape, and application range. 

·       Executive Summary: Under this section, the global market growth rate, competitive landscape, drivers and constraints, trends, limitations, and the key market segments have been discussed.

·       Regional Analysis: In this section, the latest report highlights the extensive global presence of the Parenteral Nutrition market. This section offers key insights into the latest trends in the regional markets including North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.

·       Competitive Landscape: This section of the report highlights the key players in the global Parenteral Nutrition market. It further emphasizes the leading products and services offered by these companies.

·       Manufacturers’ portfolios: This section includes detailed information regarding the product portfolio of each local and global manufacturer, their strengths and weaknesses, product catalogue, production value and capacity, and other vital information.

For the purpose of this report, Reports and Data has segmented the Parenteral Nutrition market on the basis of nutrient type, consumer type, end use, and region:

Nutrient Type (Revenue, USD Million; 2018–2028)

  • Carbohydrates
  • Lipid Emulsion
  • Single Dose Amino Acid Solution
  • Trace Elements
  • Vitamins & Minerals

Consumer Type (Revenue, USD Million; 2018–2028)

  • Children & New-born
  • Adults

Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/2034

End Use (Revenue, USD Million; 2018–2028)

  • Hospital
  • Clinic
  • Others

Further key findings from the report suggest

  • Parenteral Nutrition market is growing at a CAGR of 4% in Asia Pacific followed by North America and Europe, with 5.8 % and 5.5% CAGR, respectively. High prevalence of chronic diseases among the geriatric population is expected to drive the market growth.
  • As of 2018, Single Dose Amino Acid Solution is the dominating the industry which holds 32.7% of the global market. North American regional market is the chief revenue generating source for this product segment, followed by Europe and Asia-Pacific regions
  • It is also considered to be a life-saving therapy, but it is complex. Some of these complications include infection, metabolic; however, management by an interdisciplinary nutritional support team can optimize outcomes for patients associated with this therapy.
  • Diseases of the bloodlines through which nutrition is administered can be severe and require interruption of diet, antibiotic intake, and line exchange which are some of the complications encountered during therapy.
  • Increased collaboration and partnership among key players is expected to increase the market share in the upcoming years. For example, Baxter International Inc. and Laboratoire Aguettant SAS have signed an exclusive worldwide licensing and distribution agreement for micronutrients, which are essential micronutrients used in therapy.
  • Increased government and non-governmental organization initiatives can increase the industry share. For example, on October 10, 2018, the American Parenteral and Enteral Nutrition Society (ASPEN), an organization that promotes the science and practice of clinical nutrition, and Baxter International Inc., a world leader in nutrition Clinical has published a series of educational videos on the proper use of parenteral nutrition.
  • To increase the market share, manufacturers are introducing new client-centered therapies. For example, infusion therapy, depending on the underlying disease, the solution contains a suitable active pharmaceutical ingredient.
  • In addition, the launch of innovative and compelling products is driving the growth of the market due to increased adoption. For example, the Celsite Power, injectable access ports, launched by B. Braun Melsungen offer high security and reliability to patients, nurses, doctors, and hospital administrators.

Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/2034

Regional Outlook (Revenue in USD Million; 2018–2028)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of the Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • Middle East & Africa
  • Latin America
    • Brazil

Explore Reports and Data’s Prime Analysis of the global Materials and Chemicals Industry:

Viscose Fiber Market Growth Rate

Fresh Seafood Packaging Market Share

Anti-Reflective Glass Market Forecast

Polyferric Sulfate Market Demands

Inorganic Zinc Chemicals Market Manufacture

Thank you for reading our report. For further query, please connect with us and our team will provide you the report that suits your requirements.

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports And Data | Web: www.reportsanddata.com/

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

Check our upcoming research reports @ https://www.reportsanddata.com/upcoming-reports

Read More Related Reports:

Poly-Vinylidene Dichloride (PVDC) Coated Films Market

Gas Treatment Market

Industrial Floor Coating Market

Insecticides Market

Aluminum Caps & Closures Market

Comments

Post a Comment

Popular posts from this blog

Benzene Leukemia Market Share, Analysis | Manufacture to Reach USD 118.99 Billion By 2028 | Reports and Data

The Benzene Leukemia Market  is forecast to reach USD 118.99 Billion by 2028, according to a new report by Reports and Data. Benzene Leukemia is a commodity petrochemical and an aromatic hydrocarbon product. It is manufactured as a by-product in refineries and stream crackers. The demand for the product is fueled by the supply and demand of other products derived from it. Benzene Leukemia is used in several range of economic sectors such as construction, electrical & electronics, consumer products, pesticides, and construction. Get a sample copy of the Benzene Leukemia industry report @ https://www.reportsanddata.com/sample-enquiry-form/2326    The rapid growth of end-user industries has significantly driven the applications for the derivatives globally, thus influencing the market growth. Rise in population, coupled with the increase in disposable incomes, has led to the growth of several bulk materials and consumer products. Low price of the feedstock and econ...
Read more

Ethyl 3-ethoxypropionate Market, Trends, Key Factors, Major Companies, Forecast To 2027

Reports and Data’s latest report is an exhaustive study of the global Ethyl 3-ethoxypropionate market and provides accurate market projections, besides key information on the current and future market trends. The Ethyl 3-ethoxypropionate industry analysis report highlights the leading products and services available in this market. Key aspects of the industry including forecast revenue share, sales & distribution, pricing structure, and production and consumption rates of each regional market have been discussed in the report. Furthermore, the report elaborates on the key aspects of the market such as import & export ratios, consumer bases, sales channels, and the most lucrative regional markets.  The global materials & chemicals industry report deals with the manufacture and sales of a wide range of chemical products and materials including soaps, perfumes, detergents, and various industrial chemicals and construction raw materials. Increasing implementation of envi...
Read more

Recyclable Plastics Market Forecast, Revenue Analysis, Opportunities, Trends, Product Launch, 2020–2028

The Global  Recyclable plastics market  is forecast to reach USD 67.55 Billion by 2028, according to a new report by Reports and Data. Increasing awareness about the adverse impact of plastic pollution on environmental stability is on a constant rise. The rise in awareness about its harmful effect has been the result of experiencing the real-life complications associated with plastic pollution along with government initiatives. Such increased awareness about plastic pollution has acted as a significant driving force for the growth of the market. Apart from that, an increased number of research on enhancing recycling technologies and rise in social enterprises that are dealing with the issue of plastic pollution like UrbanR Recycle+ positively impacts the growth of the sector. There has been a rise in demand for plastic in various regions like China being one of the leading nations. However, in these regions, the need for plastics is comparatively high in proportion to the pl...
Read more