Press release
Asia Pacific Clinical Nutrition Market 2021 Insights and Business Scenario – Abbott Nutrition, Nestle Health Science, Baxter Healthcare, B. Braun Melsungen AG
The Asia Pacific Clinical Nutrition Market Report 2021-2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide a detailed description of the value chain and its distributor analysis. This Market study provides comprehend Asia Pacific Clinical Nutrition data that enhances the understanding, scope, and application of this report. The study includes market share analysis and profiles of players such as Abbott Nutrition, Nestle Health Science, Baxter Healthcare, B. Braun Melsungen AG, Nutricia, Mead Johnson, Perrigo Company PLC, Fresenius Kabi, and others.The Asia Pacific Clinical Nutrition Market is expected to register a CAGR of 7.1% during the forecast period.
Market Overview:
The major factors attributing to the growth of the Asia Pacific clinical nutrition market include an increase in the prevalence of metabolic disorders and neurological diseases, a rise in the geriatric population in the Asia Pacific Region and high spending on healthcare. For instance, Japan has the world’s fastest ageing population. According to the World Ageing 2019 report, estimates that number of population who are above 65 years of age in Japan was 35.524 million (28%) in 2019 which is projected to reach 37.278 million (30.9%) in 2030. As number of geriatric population is expected to increase in coming years who are more prone to neurological diseases such as Alzheimers diseases, Parkinsons diseases and dementia which ultimately rises the growth of market in near future.
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Key Market Trends:
Oral and Enternal Segment is Expected to Hold the Largest Market share in the Asia Pacific Clinical Nutrition Market
Oral clinical nutrition accounts for the largest share, in terms of value, in this segment. Among all the routes of administration available for clinical nutrition, oral and enteral routes are used the most, followed by the parenteral route. This is mainly because of the additional cost of processing the product/nutrient involved in parenteral routes. Until other routes of administration are deemed necessary, physicians mostly prefer the oral route, as it involves lesser complexities and costs, compared to the other two routes of administration. As long as the patients can consume food orally, their stomach and intestine functionalities are not affected, the oral route is the preferred route of administration, for clinical nutrition.
Furthermore, according to Dementia Australia, approximately 459,000 Australians are living with dementia in 2020 and the almost 1.6 million Australians involved in their centre for care. It is also estimated that the number of people with dementia is expected to upsurge to 1.1 million by 2058. Thus, owing to the above factors along with rising geriatric population and prevalence of neurological disease such as dementia associated with Alzheimer's is expected to show growth in coming years.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Asia Pacific Clinical Nutrition Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
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