Press release
An Extensive Report On Clinical Nutrition Market – Global Analysis By Key Players are Nestle Nutrition, Abbott Laboratories, Kendall, Hospira, Hero Nutritionals, Lonza, Baxter International, B. Braun Melsungen AG, American Home Patient, Fresenius Kabi.
Clinical Nutrition Market Insights:Clinical nutrition aids in improving absorption, metabolism, digestion and discharge functions by providing essential nutrients such as minerals, vitamins, and proteins. These products are vital for patients with a high degree of malnourishment, patients in intensive care units, patients recovering from trauma or surgery and patients suffering from chronic diseases. It has been found that treating disease-related malnutrition with clinical nutrition therapies can reduce mortality.
Clinical nutrition is necessary for patients who are facing nutritional deficiency or unable to consume food due to enhanced disease condition which can lead to lower quality of life, the risk of complication, increased risk of mortality and lengthening of a recovery period. Clinical nutrition plays a vital role in maintaining nutritional imbalance for malnourished patients who have a higher risk of complications because of lack of nutrition.
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Clinical Nutrition Market Size:
According to Market Data Forecast, The Global Clinical Nutrition Market was worth USD 13.42 Billion in 2018 and estimated to be growing at a CAGR of 4.85%, to reach USD 17.01 Billion by 2023.
Clinical Nutrition Market Segmentation:
The global Clinical Nutrition Market is segmented based on product type into oral nutrition, enteral nutrition, and parenteral nutrition. Based on therapeutic areas the market is bifurcated into malabsorption, diarrhea, cancer, food allergies, maldigestion, diabetes, short-bowel syndrome, acute lung injury and acute respiratory distress. Based on ingredients the market is divided into vitamins, minerals, carbohydrates and amino acids. Enteral nutrition is the product type segment with the highest share in the market.
Major drivers for clinical nutrition market are a shift towards home care, increasing the prevalence of chronic diseases, rising aged population and increasing number of premature births. Sustained support from government agencies and investments made by manufacturers are also supporting the market growth. Clinical nutrition therapies at home have become possible due to technological innovation. The need to make up for the safety and quality standards of nutritional therapies is acting as a restraint for the market.
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Based on geography the market is analyzed under various regions namely:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
The Asia Pacific was the largest market for clinical nutrition in 2016, followed by Europe and North America. Asia-Pacific is estimated to grow at highest CAGR due to increasing demand from developing countries like China and India.
Major Key Players:
• Nestle Nutrition,
• Abbott Laboratories Inc.,
• Gentiva Health Services Inc.,
• Mead Johnson & Company,
• Kendall,
• Ajinomoto Co. Inc.,
• Hospira Inc.,
• Hero Nutritionals Inc.,
• Lonza Ltd,
• Baxter International Inc.,
• B. Braun Melsungen AG, H.
• J. Heinz Company,
• American Home Patient Inc.,
• Fresenius Kabi.
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Reasons to Purchase Clinical Nutrition Market Report:
• Current and future global Clinical Nutrition Market outlook in the developed and emerging markets
• Analysis of various perspectives of the market with the help of Porter’s five forces analysis
• Identifying the segment that is expected to dominate the market
• Regions that are expected to witness the fastest growth during the forecast period
• Identify the latest developments, market shares, and strategies employed by the major market players
• 3-month analyst support, along with the Market Estimate sheet (in Excel)
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About Us
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
For more information:
Abhishek Shukla
Sales Manager at Market Data Forecast
Email: abhishek@marketdataforecast.com
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Website: www.marketdataforecast.com
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