Press release
Rx Medical Food Market Detailed In New Research Report 2022 | Abbott Laboratories, Danone S.A., Mead Johnson & Company, LLC
"Rx Medical Food Market, ๐๐ซ๐ฎ๐ ๐๐ซ๐ข๐๐, ๐๐๐ฅ๐๐ฌ ๐๐ง๐ ๐๐ฅ๐ข๐ง๐ข๐๐๐ฅ ๐๐ซ๐ข๐๐ฅ๐ฌ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ ๐๐๐๐" ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:โข Number Of Pages In This Research Report: 228 Pages
โข Rx Medical Food Market Opportunity: US$ by 2028
โข Rx Medical Food Market Growth: 100% Absolute Growth Till 2028
โข Rx Medical Food Market Size Opportunity by Therapeutic Class
โข Insight On Clinical Trials by Company, Indication, Patient Segment and Phase
โข Insight on FDA Approved in the Market
โข Price, Dosage, Patent and Sales Insight on Rx Medical Food Market
Rx Medical Food Market โ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
Key players functioning in the global prosthetic liners market consists of Abbott Laboratories, Danone S.A., Mead Johnson & Company, LLC, Fresenius Kabi AG, Nestle S.A., Primus Pharmaceuticals, Inc., Targeted Medical Pharma Inc., Pivotal Therapeutics Inc., VAYA Pharma, Inc. and AlfaSigma S.P.A.
"๐๐ถ๐บ๐ถ๐๐ฒ๐ฑ ๐ง๐ถ๐บ๐ฒ ๐ข๐ณ๐ณ๐ฒ๐ฟ ๐๐๐ ๐ง๐ต๐ถ๐ ๐ฃ๐ฟ๐ฒ๐บ๐ถ๐๐บ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ช๐ถ๐๐ต ๐๐น๐ฎ๐ ๐ฏ๐ฌ% ๐ข๐๐"
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Growing regulatory support, increasing awareness about medical food in emerging economies, and advantages over drug therapies are expected to be major factors driving growth of the global Rx medical food market over the forecast period.
Manufacturers are focused on developing medical food products with improved therapeutic effects and different dosage forms for ease of administration and patient convenience. For instance, Abbott Laboratories launched science-based nutrition drinks such as Ensure Surgery Immunonutrition Shake and Ensure Pre Surgery Clear Nutrition in 2016, it is designed to support immune health, reduces insulin resistance and recovery time after surgeries.
Moreover, in 2017, Cera Products, Inc. launched Ceralyte oral rehydration salt to treat dehydration and diarrhea. Furthermore, in 2017, Cambrooke launched Tylacti COMPLETE Bars, a nutritionally complete medical food available for dietary management of Tyrosinemia (TYR). Cambrooke also launched medical food line Phenactin AA Plus, Vilactin AA Plus, Isovactin AA Plus, Homactin AA Plus, and Promactin AA Plus for inborn errors of metabolism in 2015. Furthermore, Nutricia Metabolics launched Anamix Next for Tyrosinemia, Methylmalonic Acidemia, and Isovaleric Acidemia in 2015. Moreover, Nutricia Metabolics launched PhenylAde GMP, a new formula for (PKU) in 2015.
Key players are investing in research and development of novel medical food that can be used in various conditions. For instance, in 2012, Targeted Medical Pharma reported preliminary data of its new amino acid-based oral formulation called PERCURA, which can be used for reducing symptoms of pain and numbness associated with peripheral neuropathy, in an open-label pilot study. Moreover, in 2015, Enzymotec Ltd announced investigator initiated clinical trial of Vayarin, which is capable of managing attention deficit hyperactivity disorder (ADHD) in children suffering from epilepsy. Moreover, scientists at Nestlรฉ Institute of Health Science are studying human DNA for the development of personalized programs for epilepsy and intestinal disorders, thereby leading to development of medical food products that contain natural compounds.
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Browse 40 Market Data Tables and 35 Figures spread through 166 Pages and in-depth TOC on Rx Medical Food market, by Product type (Pills, Powder, Liquid, and Others (Wafers, Chewable, and Bars)), by Therapeutic Application (Pain Management, Sleep Disorder, Neurological Disorder, Gastrointestinal Disorder, Pulmonary Disorders, Metabolic Disorders, and Others (Fibrosis, Dialysis, AIDS, and Others)), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, and Supermarkets), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2027"
Major players are adopting strategies such as mergers and acquisitions to expand their product portfolio and enter into the medical food industry. For instance, Nestlรฉ is adding medical foods such as prescription-based powders and drinks that can be used for treatment of diseases to its existing product portfolio for business expansion, which, in turn, will help the company to enter the nutrition sector. Moreover, in 2017, AlfaSigma, an Italy-based company completed the acquisition of the U.S. medical food manufacturer, Pamlab from Nestlรฉ, to strengthen the companyโs operations in North America. Furthermore, the U.S. Food & Drug Administration (FDA) awards grants every year in September and October through the Orphan Products Clinical Trials Grants Program, to fund and encourage clinical trials for development of medical products, which includes drugs, medical food to treat rare diseases or conditions.
Key Takeaways of the Immune Repertoire Sequencing Market:
The global Rx medical food market is expected to exhibit a CAGR of 6.6% over the forecast period (2019-2027) owing to the presence of high potential products offered by key players, especially in Asia Pacific, Latin America, Middle East, and Africa.
Novel medical food product development by companies such as the Natural Food and Drink Company, Ocean Spray Cranberries Inc., Armor Proteines S.A.S., and Marealis AS for various disease conditions and increasing awareness about the health benefits of medical food are expected to drive growth of the global Rx medical food market.
The U.S. congress has passed a National Defense Authorization Act in 2017, to cover costs of medical food under Tricare (military healthcare). This step is expected to support patients suffering from medical conditions by consuming medical food. This category was previously not covered for reimbursement under prescription drug plans.
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๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ
Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
Market Overview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Therapeutic Application
Market Snippet, By Distribution Channel
Market Snippet, By Region
Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Market Trends
Impact Analysis
Key Development
Regulatory Scenario
Pest Analysis
Medical Foods Insurance Coverage
Reimbursement Scenario
Product Cannibalization Studies
Pricing Analysis of Major Products
Prescription Pattern Of Medical Foods (Disease Areas)
Physician Perspective And Patient Perspective On Rx Medical Foods
Packaging And labelling Requirements
Brand Analysis (Capsules, Liquid, Tablets and powder)
Rx Medical Food Market - Impact of Coronavirus (Covid-19) Pandemic
Pre COVID Impact
Post COVID Impact
Overall Impact On The Healthcare Industry
Key Developments
Global Rx Medical Food Market, By Product Type, 2016 โ 2027, (US$ Million)
Introduction
Market Share Analysis, 2020 and 2027 (%)
Y-o-Y Growth Analysis, 2017 โ 2027
Segment Trends
Pills
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
Powder
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
Liquid
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
Others (Wafers, Chewable, Bars)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
Global Rx Medical Food Market , By Therapeutic Application, 2016 โ 2027, (US$ Million)
Introduction
Market Share Analysis, 2020 and 2027 (%)
Y-o-Y Growth Analysis, 2017 โ 2027
Segment Trends
Pain Management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
Sleep Disorder
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
Neurological Disorder
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
GI Disorder
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
Pulmonary Disorder
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
Metabolic Disorder
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
Metabolic Disorder
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
Global Rx Medical Food Market , By Distribution Channel, 2016 โ 2027, (US$ Million)
Introduction
Market Share Analysis, 2020 and 2027 (%)
Y-o-Y Growth Analysis, 2017 โ 2027
Segment Trends
Retail Pharmacies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
Online Pharmacies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
Global Rx Medical Food Market , By Region, 2016 โ 2027, (US$ Million)
Introduction
Market Share Analysis, By Region, 2020 and 2027 (%)
Y-o-Y Growth Analysis, By Region, 2017 โ 2027
Regional Trends
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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