Prospects of Growth in the Parenteral Nutrition Market 2023-2032
The latest market sizing information for the year 2023, projected up to 2032, has been integrated into The Business Research Company’s global market reports.
As per The Business Research Company’s Parenteral Nutrition Global Market Report 2023, the parenteral nutrition market is anticipated to demonstrate favorable growth during the projected period.
Five Significant insights from the forecast are as follows:
- Market Size – The global parenteral nutrition market size escalated from $6.35 billion in 2022 to $6.84 billion in 2023, attaining a compound annual growth rate (CAGR) of 7.7%. The parenteral nutrition market size is projected to ascend to $9.24 billion by 2027, with a CAGR of 7.8%.
- Primary Driver – The burgeoning prevalence of malnutrition worldwide propels the expansion of the parenteral nutrition market.
- Key Trend – Strategic partnerships are emerging as a vital trend within the parenteral nutrition market. Key healthcare stakeholders, associations, and researchers are actively forging strategic alliances to investigate, develop, launch, or enhance awareness regarding the utilization of parenteral nutrition infused with novel components such as omega-3 fatty acids.
- Predominant Region – In 2022, North America held the largest share of the parenteral nutrition market.
- Major Players – Key participants in the parenteral nutrition market comprise Baxter International, Vifor Pharma, Grifols SA, Otsuka Pharmaceutical Co. Ltd., Fresenius Kabi, B. Braun Melsungen AG, Pfizer Inc.
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Key Parenteral Nutrition Market Segments
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
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Understanding Parenteral Nutrition
Parenteral nutrition denotes the administration of a specific type of nourishment through a vein, as defined in the medical context (intravenously). The primary aim of this therapy is to rectify or prevent malnutrition. It entails the administration of nutrients via intravenous means (through a vein). Ensuring timely and balanced nutritional intake can aid in mitigating complications and significantly contribute to a patient’s recovery.
A Comprehensive Insight from The Parenteral Nutrition Global Market Report 2023
The Parenteral Nutrition Global Market Report 2023 provides an inclusive overview of the parenteral nutrition market’s size, growth rate, trends, drivers, opportunities, strategies, and the competitive landscape. The report encompasses countries such as Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, along with the major seven regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The Table Of Content For The Parenteral Nutrition Market Include:
1. Parenteral Nutrition Market Executive Summary
2. Parenteral Nutrition Market Segments
3. Parenteral Nutrition Market Size And Parenteral Nutrition Market Growth Rate
4. Key Parenteral Nutrition Market Trends
5. Major Parenteral Nutrition Market Drivers
……
25. Key Mergers And Acquisitions In The Parenteral Nutrition Market
26. Top Parenteral Nutrition Companies
27. Parenteral Nutrition Market Opportunities And Strategies
28. Parenteral Nutrition Market, Conclusions And Recommendations
29. Appendix
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