Clinical Nutrition Market
Nutrition and diet is an important part of managing many health-related problems. Healthy eating and good nutritional intake help a person to maintain his health and well-being. Clinical nutrition is a type of nutrition for patients undergoing healthcare treatment. Clinical nutrition aims to keep energy balance, as well as providing sufficient amount of nutrients such as protein, vitamins, and minerals. It also involves the studies of nutrients that are important for a human body and how nutrients affect the body. Malnutrition leads to many other health issues such as deterioration in cognitive capabilities, muscle dysfunction, osteoporosis, immune system dysfunction, poor wound healing, anemia, etc. Malnutrition can be treated through clinical nutrition.
Increasing prevalence of metabolic diseases worldwide, growing trend for home health care and availability of advanced products are expected to fuel the growth of the global clinical nutrition market. High birth rate coupled with increased healthcare awareness in emerging economies stimulates the growth of clinical nutrition market. Innovative products, improvement of old formulas and other organic formulas are expected to fuel the market growth in the forecast period. Lack of awareness, in developing countries, acts as a barrier to the growth of clinical nutrition market. Marketing of clinical nutrition products is one of the major hurdles for the growth of clinical nutrition market. Stringent government regulations, lack of uniform reimbursement policies worldwide, market volatility and complexities in patient compliance are some of the other factors hindering the market growth.
Based on product type, clinical nutrition market is segmented into enteral nutrition, parenteral nutrition, and infant nutrition. The enteral nutrition is further segmented into standard nutrition and enteral nutrition for chronic illness. Parenteral nutrition includes amino acids, fats carbohydrates, and others. Infant nutrition is further divided into milk-based, soy-based, organic-based and probiotic. The infant nutrition segment is expected to grow at the fastest rate during the forecast period. Based on diseases, the clinical nutrition market is segmented into nutritional support in cancer, nutritional support in gastrointestinal diseases, nutritional support in neurological diseases, nutritional support in renal diseases, nutritional support in respiratory diseases and nutritional support in other diseases. On the basis of end-user, the clinical nutrition market is segmented into infants, child, adult and geriatric. The infant end-user segment is forecasted to grow at a faster rate as compared to the other end user segments
The Asia Pacific is expected to lead the global clinical nutrition market in the future. Developing countries face malnutrition, due to which there is an increase in demand for clinical nutrition market. Europe is projected to rank second in the clinical nutrition market. The increasing demand in Europe for the market is due to the increase in a number of diseases. In North America, there are prevalent cases of health issues among the geriatric population which has been garnering demand for clinical nutrition. There is also increasing demand for clinical nutrition market in Latin America as well as in the Middle East and Africa. In the Middle East and Africa, Africa region shows increased demand for clinical nutrition as compared to Middle East region.
Some of the key players in clinical nutrition market are Abbott Laboratories Inc., Nestle Nutrition, GlaxoSmithKline, Danone, Mead Johnson, Baxter Healthcare Ltd., Fresenius Kabi AB, Nutricia, and B Braun Melsungen AG.