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Global Parenteral Nutrition Market Report 2023: Analysis, Advancement, Industry Size Forecast to 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Parenteral Nutrition Global Market Report 2023 identifies growing prevalence of malnutrition as the major driver for the Parenteral Nutrition market's growth in the forecast period. Malnutrition refers to deficiencies, excesses, or imbalances in a person's intake of energy or nutrients. Premature births, which result in immune dysfunction and inadequate nutrition, have increased the demand for and use of parenteral nutrition among children and infants.
The global parenteral nutrition market size will grow from $6.35 billion in 2022 to $6.84 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the parenteral nutrition is expected to grow to $9.24 billion in 2027 at a CAGR of 7.8%.
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Major competitors in the Parenteral Nutrition market are Baxter International, Vifor Pharma, Grifols SA, Otsuka Pharmaceutical Co. Ltd., Fresenius Kabi, B. Braun Melsungen AG.
A key trend in the Parenteral Nutrition market includes The strategic partnership. Key healthcare players, associations, and researchers are focusing on entering into strategic partnerships to research, develop, launch, or create awareness of the use of parenteral nutrition containing new ingredients such as omega-3 fatty acids. These partnerships help to educate health care professionals and companies to develop and market their products, strengthening their market position.
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The Parenteral Nutrition market is segmented -
1) By Composition: Amino Acids, Fats, Carbohydrates, Trace Elements, Vitamins, Minerals, Other Compositions
2) By Consumer Type: Children and New-born, Adults
3) By End-User: Hospitals, Clinics, Homecare, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Parenteral Nutrition market.
The Business Research Company's "Global Parenteral Nutrition Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Parenteral Nutrition Market Include:
1. Executive Summary
2. Parenteral Nutrition Market Characteristics
3. Parenteral Nutrition Market Trends And Strategies
4. Parenteral Nutrition Market - Macro Economic Scenario
5. Parenteral Nutrition Market Size And Growth
……
27. Parenteral Nutrition Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Parenteral Nutrition Market
29. Parenteral Nutrition Market Future Outlook And Potential Analysis
30. Appendix
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