Business

Global Parenteral Nutrition Market Size To Grow At A CAGR Of 6.60% In The Forecast Period Of 2023-2028

Parenteral Nutrition Market Report and Forecast 2023-2028

The ‘Global Parenteral Nutrition Market Trends, Share, Price, Size, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global parenteral nutrition market, assessing the market on the basis of its segments like nutrient type, end-use, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.

The key highlights of the report include:

Market Overview (2018-2028)

  • Historical Market Size (2022): USD 6.32 billion
  • Forecast CAGR (2023-2028): 60%
  • Forecast Market Size (2028): USD 9.36 billion

The rapidly expanding geriatric population and birth rate, as well as the rising prevalence of chronic diseases, including cancer and malnutrition, are the key factors driving the parenteral nutrition market growth. The prevalence of metabolic disorders such as obesity, hypertension, and diabetes, and conditions such as renal insufficiency, hepatic insufficiency, and protein-energy malnutrition cases, are leading to an increase in the use of parenteral nutrition.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/parenteral-nutrition-market/requestsample

Parenteral nutrition (PN) offers numerous advantages, including easy use, increased stomach blood flow, effective nutrient delivery, and protection against muscle catabolism. A greater understanding of these advantages is likely to raise consumer demand for (PN), bolstering the market for parenteral nutrition. Many initiatives have been launched to improve health and social care, including educational campaigns about health awareness that have a special emphasis on nutrition.

The creation of improved product formulations is another driver fuelling the expansion of the parenteral nutrition market. Major players are heavily investing in research and development activities for the purpose of developing cutting-edge parenteral nutrition formulations that are specifically suited to the needs of patients. Prominent market participants are emphasising strategic alliances, new product launches, and collaborations for corporate growth.

Parenteral Nutrition Industry Definition and Major Segments

Parenteral nutrition, medically known as intravenous feeding, is a method of nourishing the body by administering nutrients intravenously. It is typically used when eating or absorbing nutrients through the digestive system is difficult or not suitable. Parenteral nutrition is frequently utilised for a variety of medical conditions, such as malabsorption syndrome, acute pancreatitis, and gastrointestinal obstruction.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/parenteral-nutrition-market

Based on nutrient type, the market is categorised into:

  • Carbohydrates
  • Parenteral Lipid Emulsion
  • Single-Dose Amino Acid Solution
  • Trace Elements
  • Vitamins and Minerals

On the basis of end use, the market is segmented into:

  • Hospitals
  • Clinics
  • Others

Based on region, the market is divided into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Parenteral Nutrition Market Trends

The key trends driving the demand for parenteral nutrition market globally are the include the increasing prevalence of malnutrition and rising premature birth rates. In addition, the number of people suffering from paediatric diseases such as anaemia, leukaemia, bronchitis, chickenpox, and asthma has significantly increased. Factors such as shorter hospital stays, a growing preference for parenteral nutrition over enteral nutrition, the development of technologically sophisticated parenteral nutrition products with barcode assistance, and decreased risk of infection are expected to drive the growth of the PN market.

The parenteral nutrition market is expected to grow as a result of the rise in childhood malnutrition, especially in rising and developing nations around the world. Furthermore, due to the necessity of parenteral nutrition for the proper balancing of amino acids, lipids, vitamins, minerals, and other nutrients, the market would have promising growth prospects.

Regionally, North America accounts for a sizable share of the market for parenteral nutrition, driven by the well-established healthcare infrastructure in countries such as the United States, rising geriatric rates, and increasing premature births. The availability of technologically advanced equipment for parenteral nutrition and increasing demand for parenteral nutrition in home care settings are further augmenting the growth of the PN market in North America.

Key Market Players

The major players in the global parenteral nutrition market report are B. Braun SE, Fresenius Kabi, GRIFOLS, S.A., Baxter International, Inc, Otsuka Pharmaceutical Factory, Inc., Kelun, Libang HealthCare Group, and Orbisana Healthcare GmbH, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Related Reports:

Smart Syringe Market: https://www.expertmarketresearch.com/reports/smart-syringe-market

Lathe Machines Market: https://www.expertmarketresearch.com/reports/lathe-machines-market

Protease Inhibitors Market: https://www.expertmarketresearch.com/reports/protease-inhibitors-market

Waterproof Camera Market: https://www.expertmarketresearch.com/reports/waterproof-camera-market

About Us:

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.

Don’t miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation’s future success by acquiring one of our Expert Market Research reports today.

Media Contact:

Company Name: Claight Corporation
Contact Person: Anisha Luccas, Business Consultant
Email: [email protected]
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

Back to top button

AdBlock Detected

AdBlock Detected: Please Allow Us To Show Ads