"Global Parenteral Nutrition Market – Industry Trends and Forecast to 2029
Global Parenteral Nutrition Market, By Nutrient Type (Carbohydrates, Lipid Emulsion, Single Dose Amino Acid Solution, Trace Elements, Vitamins and Minerals), Consumer Type (Children and New-born, Adults), End-User (Clinic, Hospital, and Others) – Industry Trends and Forecast to 2029
Data Bridge Market Research analyses that the parenteral nutrition market which was USD 6.3 billion in 2021, would rocket up to USD 9.38 billion by 2029, and is expected to undergo a CAGR of 5.10% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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In both developing and established economies, malnourishment is a major contributor to inflammatory bowel disease (IBD), which affects a significant portion of the population. On a larger scale, total parenteral nutrition (TPN) serves as a major treatment for IBD by addressing the nutritional shortage brought by the conclusion of intestinal failure.
**Segments**
- On the basis of type, the parenteral nutrition market is segmented into carbohydrates, parenteral lipid emulsion, single dose amino acid solution, trace elements, and vitamins and minerals. Carbohydrates play a crucial role in providing energy to the body, while parenteral lipid emulsion is important for providing essential fatty acids. Single dose amino acid solutions are used to fulfill the protein requirements of patients, and trace elements are essential for maintaining proper bodily functions. Vitamins and minerals are included in parenteral nutrition to ensure patients receive necessary micronutrients.
- Based on end-users, the market is categorized into hospitals, clinics, ambulatory care centers, and homecare settings. Hospitals are the primary end-users of parenteral nutrition products due to the high number of patients requiring intensive care. Clinics and ambulatory care centers also contribute significantly to the market as they provide ongoing treatment to patients who require parenteral nutrition. The homecare setting segment is witnessing growth as more patients prefer receiving treatment in the comfort of their homes.
**Market Players**
- B. Braun Melsungen AG
- Baxter
- Fresenius Kabi AG
- Grifols, S.A.
- Allergan
- Vifor Pharma
- Hospira
- Otsuka Pharmaceutical Co., Ltd.
- Aculife
- ICU Medical
- Sichuan Kelun Pharmaceutical Co., Ltd.
- Vifor Pharma
- Aculife
- Kelun Group
The global parenteral nutrition market is highly competitive with several key players dominating the industry. Companies like B. Braun Melsungen AG, Baxter, and Fresenius Kabi AG are among the top players in the market, offering a wide range of parenteral nutrition products and solutions. Other major players such as Grifols, S.A., Allergan, and Vifor Pharma also hold significant market shares. These companies focus on research and development efforts to introduce innovative products and maintain their competitive edgeThe global parenteral nutrition market is experiencing significant growth due to the increasing prevalence of chronic diseases, rising geriatric population, and the need for specialized nutrition support in critically ill patients. The market is segmented based on type, including carbohydrates, parenteral lipid emulsion, single dose amino acid solution, trace elements, and vitamins and minerals. Carbohydrates are essential for providing energy, while parenteral lipid emulsion delivers crucial fatty acids. Single dose amino acid solutions fulfill protein requirements, trace elements maintain bodily functions, and vitamins/minerals provide necessary micronutrients. These segments cater to different nutritional needs of patients, driving the demand for parenteral nutrition products.
In terms of end-users, hospitals are the primary consumers of parenteral nutrition products, given the high number of patients requiring intensive care and specialized nutrition support. Clinics and ambulatory care centers also play a significant role in the market by providing ongoing treatment to patients who need parenteral nutrition. The homecare setting segment is witnessing growth as more patients opt for treatment in the comfort of their homes, leading to increased demand for home-based parenteral nutrition solutions. The market dynamics are influenced by the distribution channels and preferences of patients seeking convenient and effective nutrition support.
Leading market players such as B. Braun Melsungen AG, Baxter, and Fresenius Kabi AG are prominent in the parenteral nutrition market, offering a diverse range of products and solutions to meet the evolving needs of patients and healthcare providers. These key players focus on research and development activities to introduce innovative formulations and improve the efficacy of parenteral nutrition. Companies like Grifols, S.A., Allergan, and Vifor Pharma also contribute significantly to the market with their product portfolios and strategic initiatives to expand their market presence globally. Collaboration with healthcare facilities, investments in technological advancements, and geographic expansions are key strategies employed by these companies to maintain their competitive positions.
The market for parenteral nutrition is forecasted to witness continued growth globally, driven by factors such as the increasing**Segments**
- Global Parenteral Nutrition Market, By Nutrient Type (Carbohydrates, Lipid Emulsion, Single Dose Amino Acid Solution, Trace Elements, Vitamins and Minerals), Consumer Type (Children and New-born, Adults), End-User (Clinic, Hospital, and Others) – Industry Trends and Forecast to 2029
The global parenteral nutrition market is witnessing significant growth attributed to the increasing prevalence of chronic diseases and the rising geriatric population requiring specialized nutrition support. The market is segmented into various nutrient types such as carbohydrates, lipid emulsion, single dose amino acid solution, trace elements, and vitamins/minerals. These segments cater to different nutritional needs of patients, driving the demand for parenteral nutrition products globally.
Hospitals stand as the primary consumers of parenteral nutrition products due to the high number of patients requiring intensive care and specialized nutrition support. Clinics and ambulatory care centers also play a crucial role in providing ongoing treatment to patients in need of parenteral nutrition. Additionally, the homecare setting segment is witnessing growth as more patients opt for treatment at home, leading to an increased demand for home-based parenteral nutrition solutions. The market dynamics are influenced by distribution channels and patient preferences seeking convenient and effective nutrition support.
**Market Players**
The global parenteral nutrition market is highly competitive with key players like B. Braun Melsungen AG, Baxter, and Fresenius Kabi AG leading the industry. These companies offer a wide range of parent
Core Objective of Parenteral Nutrition Market:
Every firm in the Parenteral Nutrition Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.
- Size of the Parenteral Nutrition Market and growth rate factors.
- Important changes in the future Parenteral Nutrition Market.
- Top worldwide competitors of the Market.
- Scope and product outlook of Parenteral Nutrition Market.
- Developing regions with potential growth in the future.
- Tough Challenges and risk faced in Market.
- Global Parenteral Nutrition top manufacturers profile and sales statistics.
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Parenteral Nutrition Market
Chapter 3: Regional analysis of the Global Parenteral Nutrition Market industry
Chapter 4: Parenteral Nutrition Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
How the Report Aids Your Business Discretion?
- This section of this Market report highlights some of the most relevant factors and growth enablers that collectively ensure a high-end growth spurt
- The report unravels details on pronounced share assessments across both country-wise as well as region-based segments
- A leading synopsis of market share analysis of dynamic players inclusive of high-end industry veterans
- New player entry analysis and their scope of new business models
- The report includes strategic recommendations for new business veterans as well as established players seeking novel growth avenues
- A detailed consultation services based on historical as well as current timelines to ensure feasible forecast predictions
- A thorough evaluation and detailed study of various segments as well as sub-segments across regional and country-specific developments
- Details on market estimations, market size, dimensions
- A review of market competitors, their high-end product and service portfolios, dynamic trends, as well as technological advances that portray high end growth in this Market
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