11-May-2022 | Zion Market Research
The Clinical Nutrition Market was worth around USD 32,717.5 million in 2021 and is estimated to grow to about USD 45,887.4 million by 2028, with a compound annual growth rate (CAGR) of approximately 5.8 percent over the forecast period. The report analyzes the Clinical Nutrition Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Clinical Nutrition Market.
Clinical nutrition products are pharmaceutical medications that aid in the health of patients. They help the body's metabolic system heal by providing necessary supplements such as vitamins and minerals, among other things. The global market for clinical nutrition is expanding as a result of rising birth rates, an increasing number of malnutrition victims seeking treatment, and an increase in premature deliveries. Certain factors, such as the rising frequency of metabolic disorders, high healthcare spending, and the expansion of the middle class in emerging nations, are fuelling the clinical nutrition market's growth. Globally, the progressive impact of the growing number of baby boomers is predicted to stay intermediate in the coming years as life expectancy rises due to improved health standards. Clinical nutrition is important during surgeries since it helps to minimize any negative effects on patients and allows surgeons to work in a controlled environment. As a result of the increased illness burden and surgical volume, the clinical nutrition market is predicted to expand during the forecast period. Additionally, increased demand for clinical nutrition in pediatric care is developing as a promising prospect for the clinical nutrition market. Over the projected period, increased home care use of nutritional products is expected to increase market demand for clinical nutrition. However, several obstacles, such as a lack of clinical nutrition awareness and tight regulations, are impeding clinical nutrition market expansion.
The Clinical Nutrition Market is segregated based on Route of Administration, Application, and End User. Based on the Route of Administration, the global market is distinguished into Oral, Enteral, and Parenteral. Based on Application, the global market is distinguished into Cancer, Neurological Diseases, Metabolic Disorders, and Others. Based on End User, the global market is distinguished into Pediatric, Adults, and Geriatric.
Asia-Pacific is the world's largest market for clinical nutritional products. High-birth-rate countries, such as India and China, are expected to drive the market demand for clinical nutrition products, particularly baby nutrition products. The Asia-Pacific region has a high prevalence of metabolic syndrome, which is defined by abnormalities such as obesity, hypertension, and elevated blood glucose levels. As people get older, so does the number of multi-morbid patients. In terms of region, North America has the fastest growing clinical nutrition market. Due to the high quantities of Trans fats, saturated fats, and sodium in this diet, fast food intake contributes to chronic health problems. These components have been associated with hypertension, diabetes, and cardiovascular disease. Thus driving the growth of the regional market. The expansion of the North American market is mostly driven by the US and Canadian markets. The rise in these two countries can be attributed to tight food safety rules, labelling laws, effective enforcement and monitoring of these laws, a strong emphasis on consumer protection and interests, and a variety of sample tests conducted in connection with food production and trade.
Key players functioning in the Clinical Nutrition Market include Abbott Laboratories, B. Braun Melsugen AG, Danone Nutricia Baxter Internatioinal Inc., Fresenius SE & Co. KGaA, Perrigo Company Plc, Pfizer Inc., Lonza Ltd, Nestle S.A., and Hero Nutritionals Inc.
Browse the full “Clinical Nutrition Market By Route of Administration (Oral, Enteral, and Parenteral). By Application (Cancer, Neurological Diseases, Metabolic Disorders, and Others). By End User (Pediatric, Adults, and Geriatric).” Report at https://www.zionmarketresearch.com/report/clinical-nutrition-market
Clinical Nutrition Market is segmented as follows:
By Route of Administration
By End User
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