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    Parenteral Nutrition Market Growth Analysis

    Parenteral Nutrition Market Growth Analysis
    Report code - SR1419 Delivery - 2 Weeks
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    Parenteral Nutrition Market Size, Share, Trends, Forecast, Growth & Industry Analysis: See more...

    Market Insights

    The Parenteral Nutrition Market size was valued at USD 6.05 billion in 2021 and is projected to reach USD 9.52 Billion by 2028, registering a CAGR of 6.70% during the forecast period.

    Parenteral Nutrition Market By Size

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    What is parenteral nutrition?

    Parenteral nutrition is defined because the feeding of nutritional products through veins to patients who don't seem to be able to eat enough food to keep up the great nutritional requirement of the body and private growth. Nutrients include carbohydrates, minerals, fat, vitamins, and other trace elements. These nutrients are delivered either peripherally or centrally, through superior vena cava.

    Parenteral Nutrition Market Report Overview

    Market Size in 2028

    USD 9.52 Bn

     

    Market Size in 2021

    USD 6.05 Bn

     

    Market Growth (2022-2028)

    6.70 CAGR

     

    Base Year of Study

    2021

     

    Trend Period

    2017-2020

     

    Forecast Period

    2022-2028

     

    Segments Covered

    By Type (Carbohydrates, Parenteral Lipid Emulsion, Single Dose Amino Acid Solution, Trace Elements, Vitamins, and Minerals)

    By Application (Premature Infants, Neonates and Children, Geriatrics, Chronic Disease Patients)

    By Region (North America, Europe, Asia-Pacific, and the Rest of the World)

     

    Dominant Region

    The North American market accounted for the largest market share in 2021.

     

    Market Drivers

    The parenteral nutrition market growth is driven by:

    • Increasing prevalence of chronic diseases due to changing lifestyles and unhealthy eating habits.
    • Expanding the geriatric populace across geographies.
    • The presence of many malnourished children and a high natality rate.
    • Rising demand for new product development is likely to create lucrative opportunities for the companies operating in the global market.

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    Key Players

    Key players operating in the global parenteral nutrition market are-

    Segment Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Product -Type

    Carbohydrates, Parenteral Lipid Emulsion, Single Dose Amino Acid Solution, Trace Elements, Vitamins, and Minerals

    Single Dose Amino Acid Solution segment accounted for the largest market share in 2021.

    Application -Type

    Premature Infants, Neonates and Children, Geriatrics, Chronic Disease Patients

    Premature infants, neonates, and children segment accounted for the largest market share in 2021.

    Regional Analysis

    North America, Europe, Asia-Pacific, and the Rest of the World)

    North American market accounted for the largest market share in 2021.

     

     

     

     

     

     

     

     

     

     

     

     

    Application Trends

    The market has been bifurcated into premature infants, neonates and children, geriatrics, and chronic disease patients. The premature infants, neonates, and children segment accounted for the largest market share in 2021 and is projected to register significant growth during the forecast period.

    Product Trends

    The market has been bifurcated into Carbohydrates, Parenteral Lipid Emulsion, Single Dose Amino Acid Solution, Trace Elements, Vitamins, and Minerals. The Single Dose Amino Acid Solution segment accounted for the largest market share of more than 30% in 2021 and is projected to register significant growth during 2022-2028.

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    Regional Analysis

    North American market accounted for a revenue share of more than 40% in 2021 and is expected to grow at a substantial CAGR during the forecast period. The segment growth is primarily attributed to the presence of advanced healthcare facilities coupled with the increasing prevalence of chronic diseases. The market growth in the Asia-Pacific region is expected to be driven by growing healthcare expenditure and increasing incidences of fatalities due to malnutrition.

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    Covid-19 Impact

    The outbreak of the COVID-19 virus has affected the growth of the healthcare industry significantly. Stringent lockdown measures and restricted movement of people affected the product supply. However, the demand for vitamins increased to boost immunity.

    Critical Questions Answered in the Report

    • What are the key trends in the global market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the global market?
    • What are the key strategies adopted by the major vendors to lead in the global market?
    • What is the market share of the top vendors?

    Target Audience

    Here is the list of the group of customers that the parenteral nutrition market hopes to have the greatest opportunity to convert-

    • Distributors
    • Suppliers
    • Manufacturers
    • Logistics organizations
    • Government bodies

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the dynamics and will enable strategic decision-making for the existing players as well as those willing to enter the market.

    What deliverables will you get in this report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth analysis of the Parenteral Nutrition Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional and country level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Customization options

    Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Competitive Benchmarking

    Benchmarking of key players on the following parameters: Technology portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The single dose amino acid solution segment accounted for the largest market share in 2021 and is projected to register significant growth during the review period.

    By Type (Carbohydrates, Parenteral Lipid Emulsion, Single Dose Amino Acid Solution, Trace Elements, Vitamins, and Minerals), Application (Premature Infants, Neonates and Children, Geriatrics, Chronic Disease Patients), and Region.

    Parenteral nutrition is defined because the feeding of nutritional products through veins to patients who don't seem to be able to eat enough food to keep up the great nutritional requirement of the body and private growth. Nutrients include carbohydrates, minerals, fat, vitamins, and other trace elements. These nutrients are delivered either peripherally or centrally, through the superior vena cava.

    The parenteral nutrition market is expected to witness an impressive growth of 6.70% CAGR in the coming years.

    The parenteral nutrition market size was valued at USD 6.05 bn in 2021 to USD 9.52 bn by 2028.

    Baxter International Inc. (US) Hospira (US) B. Braun (Germany) Grifols International, S.A. (Spain) Fresenius Kabi (Germany) Otsuka Pharmaceutical Factory, Inc. (Japan) Actavis Generics (US) Sichuan Kelun Pharmaceutical Co., Ltd (China).

    North America accounted for the largest share in the parenteral nutrition market in 2021.

    Increasing prevalence of chronic diseases due to changing lifestyles and unhealthy eating habits. Expanding the geriatric populace across geographies. The presence of many malnourished children and a high natality rate. Rising demand for new product development is likely to create lucrative opportunities for companies operating in the global market.