Global Parenteral Nutrition Market Size, Forecasts, And Opportunities – Includes Parenteral Nutrition Market Share
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The global parenteral nutrition market is expected to grow from $5.85 billion in 2021 to $6.26 billion in 2022 at a compound annual growth rate (CAGR) of 7.02%. The global parenteral nutrition market size is expected to grow to $7.99 billion in 2026 at a compound annual growth rate (CAGR) of 6.28%.
The increasing prevalence of malnutrition across the globe is driving the growth of the parenteral nutrition market.
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The parenteral nutrition market consists of sales of parenteral nutrition by entities (organizations, sole traders, and partnerships) that refer to intravenous nutritional products used to tailor medical treatment to each person or a group of people who need medical nutrition to manage disease-related malnutrition conditions. Parenteral nutrition refers to the intravenous administration of nutrition including protein, carbohydrates, fat, vitamins, minerals, electrolytes, and other trace elements for patients who are not capable of consuming food orally and maintaining a good nutritional balance. Achieving balanced nutritional intake on time can help combat complications and play a prominent role in a patient’s recovery.
Global parenteral nutrition market segments include:
By Composition: Amino Acids, Fats, Carbohydrates, Trace Elements, Vitamins, Minerals, Others
By Consumer Type: Children and New-born, Adults
By End-User: Hospitals, Clinics, Homecare, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global parenteral nutrition market in 2021.
Strategic partnership is a key trend gaining popularity in the parenteral nutrition market. 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, thus strengthening their market position.
TBRC’s parenteral nutrition market report covers:
Major Market Players: Baxter International, Vifor Pharma, Grifols SA, Otsuka Pharmaceutical Co Ltd, Fresenius Kabi, B. Braun Melsungen AG, Pfizer Inc., Sichuan Kelun Pharmaceutical Co Ltd, Claris Lifesciences Limited, SGD Pharma, ICU Medical, and Soleo Health.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Parenteral Nutrition Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides parenteral nutrition market overviews, analyzes and forecasts market size, share, parenteral nutrition market players, parenteral nutrition market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s parenteral nutrition market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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