Precision Business Insights (PBI) in its report titled “Global Clinical Nutrition Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over six years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

 

The global clinical nutrition market was valued at US$ 45,427.8 Bn in 2018 and growing at a CAGR of XX% over the forecast period owing to upsurge in the prevalence of chronic diseases like cancer, diabetes, and HIV/AIDS coupled with rising elderly population across the globe is driving the global clinical nutrition market growth. Growing obese people owing to unhealthy dietetic lifestyles as well as physical inactivity boosts the industry growth. According to CDC data, nearly 35% of American children eat junk food on day-to-day basis leading to conditions such as diabetes and obesity. Most of senior people suffer from loss of appetite or digestive problems, needing supply of nutrients through parenteral or enteral route. Rising number of pre-mature births fuels the growth of the market. Though, stringent government guidelines, low insurance policies, instability of the market, patient compliance complications are the factors hampering the market growth.

 

Global clinical nutrition market segmented on the basis of product type, medical condition, route of administration, distribution channel, and region.

 

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Metabolic Disorders segment accounted for higher revenue share

Based on medical condition, global clinical nutrition market segmented metabolic disorders, neurological disorders, gastrointestinal disorders, eating disorders, and others. Metabolic disorders segment market accounted US$ XX Mn in 2018 and projected to dominate over the forecast period owing to increasing prevalence of metabolic disorders in aging population. Neurological disorders and gastrointestinal disorders are expected to grow with a significant CAGR over the forecast years.

 

North America is expected to dominate Global Clinical Nutrition Market

PBI’s global clinical nutrition market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. According to regional analysis, North America is expected to account for larger revenue share in 2018 and the same trend is projected to follow over 2019-2025 owing to well-developed healthcare infrastructure and increasing awareness among the population regarding the metabolic and chronic disorder treatment as soon as possible coupled with growing geriatric population in the region is driving the growth of the market. Increasing population in Asia Pacific mainly in China and India which contributes around 55% or the clinical nutrition revenue in the Asia Pacific market is expected to drive the growth of the market.

 

Market Players are focusing on strategic collaborations and acquisitions to strengthen their global presence and launch of new products in the market to expand their product portfolio

• In March 2014, Perrigo Company plc and KanPak LLC entered into partnership for manufacturing adult nutritional drinks
• In April 2016, Perrigo Company plc, launched Glucerna aseptic nutritional shake for diabetic people
• In July 2017, Perrigo Company plc received U.S. FDA approval of AB rated ANDA referencing DermOtic Oil Ear Drops          .

 

Key player’s profiles in the report are Ajinomoto Co. Inc., Perrigo Company Plc Abbott Nutrition Inc., Baxter International Inc., Danon Baby and Medical Nutrition BV, B. Braun Medical Inc., Fresenius Kabi AG, Hospira (Pfizer) Inc., Gentiva Health Services Inc., Hero Nutritional Inc., and Nestle SA.

 

Detailed Segmentation

 

By Product Type    

• Vitamins and Minerals
• Pre/Probiotic
• Amino Acids
• Glucose
• Lipids
• Omega Fatty Acids
• Others

 

By Medical Condition

• Metabolic Disorders
• Neurological Disorders
• Gastrointestinal Disorders
• Eating Disorders
• Others 

 

By Route of Administration

• Oral
• Enteral
• Parenteral

 

By Distribution Channel

• Hospital Pharmacies
• Retail Pharmacies
• Others

 

Geography

 

• North America

• U.S
• Canada

• Europe

• Germany
• France
• U.K
• Italy
• Spain
• Russia
• Poland
• Rest of Europe

• Asia-Pacific

• Japan
• China
• India
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific

• Latin America

• Brazil
• Mexico
• Argentina
• Venezuela
• Rest of Latin America

• Middle East and Africa (MEA)

• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA

 

For more information: https://www.precisionbusinessinsights.com/market-reports/global-clinical-nutrition-market/

 

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