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Parenteral Nutrition Market Size, Share, Growth and Trends, Report 2024-2031

09-09-2024 01:39 PM CET | Health & Medicine

Press release from: DataM Intelligence 4Market Research

Parenteral Nutrition Market || 2024-2031

Parenteral Nutrition Market || 2024-2031

Parenteral nutrition involves delivering essential nutrients directly into the bloodstream through the veins. This method includes a mix of amino acids, carbohydrates, fats, minerals, electrolytes, vitamins, and trace elements. It is used for patients who are unable to consume or properly absorb adequate nutrition through tube feeding or oral intake. Parenteral nutrition can be administered either peripherally or centrally, typically via the superior vena cava, bypassing the digestive system and avoiding the first-pass effect.

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Market Dynamics:

Increasing Occurrence of Chronic Conditions and Pediatric Disorders

The global parenteral nutrition market is positively influenced by the rising prevalence of chronic conditions, such as cancer, and the increase in pediatric disorders. The provision of essential nutrients through parenteral nutrition is crucial for maintaining hydration, strength, and energy in patients with chronic diseases. According to the International Agency for Research on Cancer (IARC), the number of new cancer cases worldwide is projected to rise from 17.0 million in 2018 to 27.5 million by 2040 due to population growth and aging. This anticipated increase in cancer cases is expected to drive demand for parenteral nutrition products. Additionally, the rise in pediatric disorders leading to mineral and vitamin deficiencies will further fuel the market for parenteral nutrition solutions. Ongoing research and development efforts by key players, including the launch of innovative tools like Baxter's 'smartPN' in collaboration with ASPEN, also contribute to market growth by addressing clinical malnutrition and advancing the field.

Segment Covered in the Parenteral Nutrition Market:

By Type: Amino Acids, Trace elements, Parenteral Lipid Emulsions, Vitamins, Electrolytes & Minerals.

By End User: Hospital, Clinics, Homecare, Others.

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Key players involved in Parenteral Nutrition Market:

• Sichuan Kelun Pharmaceutical Co., Ltd.
• Allergan plc (Actavis plc)
• Fresenius Kabi AG
• Grifols S.A.
• Baxter International, Inc.
• Claris Lifesciences Limited
• B. Braun Melsungen AG
• Pfizer, Inc.

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Pulmonary Drugs Market: https://www.datamintelligence.com/research-report/pulmonary-drugs-market

Diabetic Foot Ulcers Market: https://www.datamintelligence.com/research-report/diabetic-foot-ulcers-market

Insulin Resistance Market: https://www.datamintelligence.com/research-report/insulin-resistance-market

Regional Analysis:

The Parenteral Nutrition Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Parenteral Nutrition Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

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