"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**
- By Nutrient Type: The parenteral nutrition market can be segmented into carbohydrates, parenteral lipid emulsions, single dose amino acid solution, trace elements, and vitamins.
- By End User: This market can be segmented into hospitals, compounding pharmacies, ambulatory surgical centers, and others.
- By Distribution Channel: The parenteral nutrition market can be segmented into hospital pharmacy, retail pharmacy, and online pharmacy.
**Market Players**
- Fresenius Kabi AG: A major player in the parenteral nutrition market, Fresenius Kabi AG offers a wide range of parenteral nutrition products and services to meet the diverse needs of healthcare facilities and patients.
- Baxter: Baxter is another key player in the parenteral nutrition market, providing innovative parenteral nutrition solutions to improve patient outcomes and streamline healthcare delivery.
- B. Braun Melsungen AG: B. Braun Melsungen AG is a leading provider of parenteral nutrition products, offering high-quality formulations and comprehensive support services to healthcare providers.
- ICU Medical, Inc.: ICU Medical, Inc. is a prominent player in the parenteral nutrition market, specializing in safe and efficient infusion therapy solutions for patients in various healthcare settings.
- Otsuka Pharmaceutical Co., Ltd.: Otsuka Pharmaceutical Co., Ltd. is actively involved in the parenteral nutrition market, developing advanced nutritional products and technologies to address critical patient needs.
The global parenteral nutrition market is witnessing significant growth due to the increasing prevalence of chronic diseases, rising geriatric population, and growing awareness about the importance of proper nutrition in the healthcare sector. The market is also being driven by advancements in parenteral nutrition formulations, increasing healthcare expenditure, and the expanding application of parenteral nutrition in critical care settings. The demand for parenteral nutrition products is expected to continue growing as healthcare facilities focus on providing personalized nutrition therapy to patients with complex medical conditions. Moreover, the market players are investing in research and development activities to introduce innovative products and expand their market presenceThe global parenteral nutrition market is experiencing robust growth propelled by several key factors. One of the primary drivers of this market expansion is the escalating incidence of chronic diseases worldwide. Chronic diseases such as cancer, gastrointestinal disorders, and neurological conditions often lead to malnutrition or difficulty in absorbing nutrients orally, necessitating the use of parenteral nutrition to ensure patients receive essential nutrients. Additionally, the aging global population is contributing to the market's growth as older individuals are more prone to malnutrition and require specialized nutrition support, which parenteral nutrition can efficiently provide.
Moreover, the heightened awareness among healthcare providers and patients regarding the significance of proper nutrition in facilitating recovery and improving outcomes is boosting the demand for parenteral nutrition products. Healthcare facilities are increasingly recognizing the role of tailored nutrition therapy in enhancing patient health, particularly in intensive care units and other critical care settings where patients may not be able to consume food orally. As a result, the adoption of parenteral nutrition in these settings is expanding, driving market growth further.
Advancements in parenteral nutrition formulations and technologies are also driving market development. Manufacturers such as Fresenius Kabi AG, Baxter, and B. Braun Melsungen AG are investing in research and development to enhance the efficacy and safety of their parenteral nutrition products. These innovations include the development of novel formulations that address specific patient needs, such as premixed parenteral nutrition bags and specialized nutrient compositions for various medical conditions. Such advancements not only improve patient outcomes but also streamline healthcare delivery by simplifying the preparation and administration of parenteral nutrition solutions.
Furthermore, the increasing healthcare expenditure globally is playing a significant role in the expansion of the parenteral nutrition market. Governments and healthcare institutions are allocating substantial resources to improve healthcare infrastructure, enhance patient care, and combat malnutrition-related issues. This investment is fueling the adoption of parenteral nutrition products in various healthcare settings, including hospitals, ambulatory surgical centers, and compounding pharmacies, thereby driving market growth.
In conclusion, the global parenteral nutrition market is**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 poised for substantial growth over the forecast period, driven by several key factors. A notable contributor to this growth is the increasing prevalence of chronic diseases globally, which often necessitates the use of parenteral nutrition to ensure adequate nutrient intake for patients. Additionally, the aging population worldwide is fueling market expansion, as older individuals are more susceptible to malnutrition and may require specialized nutrition support that parenteral nutrition can provide effectively. Furthermore, the growing awareness among healthcare providers and patients regarding the importance of proper nutrition in enhancing recovery and outcomes is boosting the demand for parenteral nutrition products.
Advancements in parenteral nutrition formulations and technologies are also playing a crucial role in market development. Leading market players are investing in research and development to enhance the safety and efficacy of their parenteral nutrition offerings. Innovations such as tailored nutrient compositions for specific medical conditions and premixed parenteral nutrition solutions are improving patient outcomes and simplifying the administration of nutrition therapy, thereby driving market growth. Additionally, the expanding application of parenteral nutrition in critical care settings, where oral intake may be challenging, is further bolstering market demand.
Moreover, the increasing healthcare
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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