Global Oncology Nutrition Market 2021: Growth Factors Details and Competitive Analysis 2029

Oncology Nutrition Market

The 'Straits Research' report focuses on target groups of customers to help players effectively market their products and achieve strong sales in the Global Oncology Nutrition Market. It segregates useful and relevant market information as per the business needs of players. Readers are provided with validated and revalidated market forecast figures such as CAGR, Heavy Load Moving Skates market revenue, production, consumption, and market share. Our accurate market data equips players to plan powerful strategies ahead of time. The Oncology Nutrition report offers a deep geographical analysis where key regional and country-level markets are brought to light. The vendor landscape is also analyzed in-depth to reveal current and future market challenges and Oncology Nutrition business tactics adopted by leading companies to tackle them.

The growing incidence of cancer cases worldwide is a significant factor in the development of the oncology nutrition industry. The use of dietary products before and during cancer therapy provides the opportunity to combat disease and provides strength and resilience against the after-effects of the treatment fueling demand development. Other factors playing a crucial role in taking the oncology nutrition market to the next level are the growing demand for oncology nutrition products in-home care settings, and increasing demand for enteral nutrition products is expected to further spur the growth of the oncology nutrition market.

According to the World Health Organization (WHO), cancer is the second leading cause of death worldwide. The statistics from the WHO reveals that around 25% of cancer patients died due to malnourishment as a result of illness or anti-cancer therapy. It further stated that an estimated 9.6 million death, i.e., 1 in 6 deaths were reported, due to cancer in 2018; and the cancer rates might upsurge by 50% to 15 million by 2020. Moreover, the increasing geriatric population is expected to fuel the industry's growth in the near term as they are more prone to develop cancer. According to the WHO's data, it is predicted that the global population aging 60 years and above will reach 2 billion by 2050. According to the American Cancer Society, in 2016, individuals aged 50 and above accounted for around 87% of cancer patients in the U.S. Aging population is more susceptible to cancer, thus needs adequate nutrition for the management.

The oncology nutrition market is gaining traction from the mushrooming of private and public organizations dedicated to increasing awareness levels. The Nutritional Oncology Research Institute (NORI) Nutraceuticals provides superior quality nutritional supplements and specialty nutraceuticals for clinical oncology. NORI integrates the power of nutrition and a few very natural agents to aid slow down cancer progression and potentially reverse it.

The Academy of Nutrition and Dietetics empowers the Oncology Nutrition Dietetic Practice Group by its publication and consultancy comprising of advocacy and educational research as an oncology nutrition pioneer with experts. MNI, the Medical Nutrition International Industry association representing companies offering solutions for nutritional therapy, such as Oral Nutritional Supplements (ONS), Enteral Tube Feeding (enteral nutrition via the gastrointestinal tract), and Parenteral Nutrition (intravenous feeding), as well as other factors operating in the medical nutrition market, such as ingredients and medical devices for nutritional care.

Rising awareness programmers on the significance of preserving proper nutrition during recovery, Asia-Pacific is expected to experience the fastest growth in the evaluation period. For instance, in August 2018, the Singapore Cancer Society organized an awareness campaign for Gastric Cancer Awareness 2018 that told people about proper nutrition. These campaigns are expected to support the growth of the region's oncology nutrition industry.
The surge in cancer prevalence coupled with the rising geriatric population in this region and high expenditure on healthcare is among the key factors attributable to the development of the Asia-Pacific cancer clinical nutrition sector. Japan has the largest aging population in the world, with the number of people over 65 years of age is expected to be 35,524 million (28%) in 2019, and is predicted to exceed 37,278 million (30.9%) in 2030, according to the World Ageing 2019 survey.

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By Caner Type
Head and Neck Cancers
Breast Cancer
Liver Cancer
Stomach and Gastrointestinal Cancer
Blood Cancer
Pancreatic Cancer
Others

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Steerable Medical Devices in these regions, from 2021 to 2029, covering:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Key Oncology Nutrition Market Trends:
- The report identifies, determines, and forecasts the Global Oncology Nutrition Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Oncology Nutrition Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Oncology Nutrition Market.

Key Questions Answered in The Report:
What will the Oncology Nutrition market growth rate?
What are the key factors driving the global Oncology Nutrition market?
Who are the key manufacturers in the Oncology Nutrition market space?
What are the market opportunities, market risk, and market overview of the Oncology Nutrition market?
What are sales, revenue, and price analysis of top manufacturers of the Oncology Nutrition market?
Who are the distributors, traders, and dealers of the Oncology Nutrition market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Oncology Nutrition Industry?
What are sales, revenue, and price analysis by regions of Oncology Nutrition industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

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