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Russia Medical Nutrition Market to Valuation of USD 1896.8 Million By 2030 | Infinium Global Research

10-27-2023 03:26 PM CET | Health & Medicine

Press release from: Infinium Global Research LLP

Russia Medical Nutrition Market to Valuation of USD 1896.8

Study on Russia Medical Nutrition Market by Infinium Global Research is a comprehensive presentation of qualitative and quantitative research to identify key trends, growth prospects, drivers, restraints, and opportunities in the Russia market. The report also deep dives into the sub-segments of the medical nutrition market by segments through main geographies in the Russia market. Browse through over 100 tables and figures to get a complete view of the regional markets of medical nutrition over the period of 2023 to 2030. The Russia Medical Nutrition Market was valued at USD 1148.1 Million in 2022 and is expected to reach USD 1896.8 Million by 2030 and grow at a CAGR of 6.55% over the forecast period.

To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/russia/sample-request/5323

Healthcare Expenditure and Aging Population Fuel Market Growth

Russia has witnessed a substantial rise in per capita healthcare expenditure over the past few decades. Factors such as improving lifestyles, higher per capita income, increased education levels, and growing awareness of health issues have significantly contributed to the development of robust healthcare infrastructure across the nation. The rapidly aging population in the country has drawn attention to the role that medical nutrition plays in promoting health and preventing non-communicable diseases among the elderly.

Chronic Diseases and Gastrointestinal Cancers Drive Demand

The increasing incidence of chronic diseases, along with factors such as growing urbanization, higher pollution levels, changing lifestyles, and a high prevalence of smoking, is projected to elevate the demand for medical nutrition in Russia. The country is witnessing a rise in gastrointestinal cancer cases, particularly stomach and colorectal cancer, which constituted 19.6% of cancer cases in 2018. Smoking is a significant contributor to gastric cancer risk. Moreover, Russia has one of the highest adult smoking populations in Europe, which is further expected to increase gastrointestinal cancer occurrences. Malnutrition is common in patients undergoing surgical management of colorectal cancer, making nutrition support crucial for improved clinical outcomes.

Impact of Aging Population and Geriatric Care

As Russia's population continues to age, the number of geriatric patients in hospitals and critical care units is expected to rise significantly. The elderly population is prone to malnutrition due to a multitude of factors, including weight loss, loss of fat-free mass, and muscle wasting. The relationship between nutritional status and the number of complications, hospital stays, and recovery times creates a burden on the healthcare sector. Thus, medical nutrition is becoming integral in the care of older individuals, particularly through parenteral nutrition. The supplementation of nutrition is crucial in improving the nutritional status of the geriatric population, thereby driving demand for these products.

Regulatory Challenges and Declining Birth Rates

Despite the market's potential, it faces regulatory hurdles as medical nutrition products are classified as pharmaceuticals, subject to stringent rules and regulations. The ongoing strict state policy in the domestic pharmaceutical market poses barriers to the massive supply of certain pharmaceutical products to Russia. Additionally, the declining birth rate in Russia impacts the market due to a decrease in the number of neonates requiring supplementary nutrition, a significant consumer section of parenteral nutrition formulations.

Innovative Products and Collaborations

Russian medical nutrition companies are focusing on partnerships and collaborations to tap into growth opportunities. For instance, Smartfish AS has strategically collaborated with international healthcare company B. Braun to launch its medical nutrition product, Remune, worldwide. This collaboration is expected to lead to future launches of novel products, opening new horizons in the medical nutrition market.

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Table of Content

Chapter 1 Introduction

1.1 Report Description

1.1.1 Segmentation and Research Scope

1.1.2 Definition, Abbreviations, and Assumptions

1.2 Research Methodology

1.2.1 Methodology

1.2.2 Research Methodology: An Outline

1.3 Research Approaches

Chapter 2 Executive Summary

2.1 Russia Medical Nutrition Market Projection

Chapter 3 Market Overview & Competitiveness

3.1 DRO Analysis

3.1.1 Drivers

3.1.1.1 Driver 1

3.1.1.2 Driver2

3.1.1.3 Driver3

3.1.2 Restraints

3.1.2.1 Restraint1

3.1.3 Opportunities

3.1.3.1 Opportunity1

3.2 Analysis of COVID-19 Impact on the Russia Medical Nutrition Market

3.3 Porter's Diamond Model for Russia Medical Nutrition Market

3.4 PEST Analysis

3.4.1 Political Factors

3.4.2 Economic Factors

3.4.3 Social Factors

3.4.4 Technological Factors

3.5 IGR- Growth Matrix Analysis

Chapter 4 Russia Medical Nutrition Market, By Type

4.1 Overview

4.2 Pediatric Nutrition

4.3 Parenteral Nutrition

4.4 Enteral Nutrition

Chapter 5 Russia Medical Nutrition Market, By Mode of Administration

5.1 Overview

5.2 Parenteral

5.3 Enteral

5.4 Oral

Chapter 6 Russia Medical Nutrition Market, By Indication

6.1 Overview

6.2 Hepatic Disorders

6.3 Renal Disorders

6.4 Diabetes

6.5 Dysphagia

6.6 Oncology Nutrition

6.7 Neurology Nutrition

6.8 Others

Chapter 7 Russia Medical Nutrition Market, By Flavor

7.1 Overview

7.2 Regular

7.3 Flavored

Chapter 8 Russia Medical Nutrition Market, By Application

8.1 Overview

8.2 Hospitals

8.3 Retail Pharmacies

8.4 Online

Chapter 9 Company Profiles and Competitive Landscape

9.1 Competitive landscape

9.2 Company Profiles

9.2.1 Nestle S. A

9.2.1.1 Overview

9.2.1.2 Company Snapshot

9.2.1.3 Product Portfolio

9.2.1.4 Product Portfolio

9.2.2 B. Braun Melsungen AG

9.2.2.1 Overview

9.2.2.2 Company Overview

9.2.2.3 Product Portfolio

9.2.2.4 Product Portfolio

9.2.3 Fresenius Kabi

9.2.3.1 Overview

9.2.3.2 Company Overview

9.2.3.3 Product Portfolio

9.2.4 Danone S.A

9.2.4.1 Overview

9.2.4.2 Company Overview

9.2.4.3 Product Portfolio

9.2.5 Infaprim

9.2.5.1 Overview

9.2.5.2 Company Overview

9.2.5.3 Product Portfolio

More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/russia/enquiry/5323

Reasons to Buy this Report:

=> Comprehensive analysis of regional markets of Russia medical nutrition.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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About Infinium Global Research:

Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.

Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts is engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.

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