Parenteral Nutrition Market
Global Parenteral Nutrition Market Size, Share & Trends Analysis Report By Type (Amino Acids, Fats, Carbohydrates, Parenteral Lipid Emulsion, Vitamins and Minerals and Others (Trace Elements and Electrolytes)), By Application (Premature Infants, Neonates and Children, Geriatrics and Chronic Disease Patients) Forecast 2022-2028 Update Available - Forecast 2024-2030
The global parenteral nutrition market is expected to grow at a significant CAGR of 5.9% during the forecast period. The reason behind the growth of the market is the increasing prevalence of chronic conditions, majorly cancer & malnutrition, and the rapidly growing geriatric population and natality incidence. As per the information provided by the American Cancer Society, Inc., around 1.9 million new cancer cases and 609,360 deaths from cancer are anticipated to occur in the US in 2022, which is nearly 1,670 deaths a day. Furthermore, the development of technically advanced parenteral nutrition products with barcode assistance, growing preference for parenteral nutrition over enteral nutrition in patients with COVID-19, are factors expected to boost the product demand and helps in driving the market.
Impact of COVID-19 Pandemic on Parenteral Nutrition Market
The COVID-19 pandemic had impacted the global economy due to a slowdown in the manufacturing of various industries. Due to the COVID-19 pandemic, investment in the healthcare market had increased and especially in the parenteral nutrition market due to people were more concerned about their health owing to COVID-19 pandemic. The increasing incidence of hospital-acquired malnutrition coupled with the growing need for parenteral nutrition to deliver intravenous electrolytes, carbohydrates, amino acids, and key minerals to meet the patients’ nutritional requirements are the key factors leading to increased adoption of parenteral nutrition.
Segmental Outlook
Global parenteral nutrition market is segmented based on type, and application. By Type, the market is segmented into amino acids, fats, carbohydrates, parenteral lipid emulsion, vitamins and minerals, and others. Based on the application, the market is sub-segmented into the premature infants, neonates and children, geriatrics, and chronic disease patients. Furthermore, parenteral lipid emulsion is another segment having significant share during the forecast period owing to the development of hybrid parenteral lipid emulsions using mixed lipid emulsions of fish oil and olive oil that are some factors expected to boost the demand for parenteral lipid emulsion segment.
Global Parenteral Nutrition Market Share by Type, 2021 (%)
The Amino Acids is Holding a Prominent Share in the Global Parenteral Nutrition Market
Amino Acids is holding the significant share in the market, mainly due to the growing awareness related to the importance of amino acids in human nutrition and the rising prevalence of protein-energy malnutrition diseases. It is highly used as a source of energy owing to its capability to treat mental fatigue, sprain, and muscle soreness among others. According to an information in 2021 by National Center for Biotechnology Information, around 18 million children are suffering from kwashiorkor and marasmus disorder in low-income or middle-income countries with the majority in Asia. Thus, these are some factors expecting the growth of the segment and boosting the market.
Regional Outlooks
Parenteral Nutrition Market is further segmented in geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The Asia-Pacific region is expected to witness significant growth opportunities for the market. Improving health care infrastructure, and technological advancement in different countries of Asia-Pacific including India, China, and Japan is expected to drive the growth of the market in the region.
Global Parenteral Nutrition Market Growth, by Region 2022-2028
North America region is estimated to Hold the Major Share in the Global Parenteral Nutrition Market
North America is anticipated to hold a prominent share in the market mainly due to the high research expenditure by private entities & government agencies in the healthcare sector, technologically advanced medical devices, and collaborations among the medical device industry, regulatory authorities, universities, and others. Furthermore, the increasing prevalence of various chronic diseases, such as cancer and malnutrition, and the presence of advanced healthcare facilities, favorable reimbursement policies & regulations in the region is another factor boosting the growth of the region.
Market Players Outlook
The major companies serving the global parenteral nutrition market include Amanta Healthcare, Anhui Medipharm Co., Aculife Healthcare, Baxter International, Inc., Fresenius Kabi AG, and others. The growth of the market is considerably contributed by the market player for the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2020, Baxter International Inc., one of the providers of clinical nutrition, had received the US Food and Drug Administration (FDA) approval for new formulations of Clinimix (amino acids in dextrose) injections and Clinimix E (amino acids with electrolytes in dextrose and calcium) Injections.
In January 2020, Fresenius Kabi AG announced that the company completed its clinical trial for SmofKabiven. It’s the company's new launch in the range of lipid emulsions. SmofKabiven is made of multiple oils (fish, soybean, olive oils, and medium-chain triglycerides).
The Report Covers
- Market value data analysis of 2022 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global parenteral nutrition market. Based on the availability of data, information related to the market, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on The Global Parenteral Nutrition Market
• Recovery Scenario of Global Parenteral Nutrition Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Parenteral Nutrition Market by Type
4.1.1. Amino Acids
4.1.2. Fats
4.1.3. Carbohydrates
4.1.4. Parenteral Lipid Emulsion
4.1.5. Vitamins and Minerals
4.1.6. Others (Trace Elements and Electrolytes)
4.2. Global Parenteral Nutrition Market by Application
4.2.1. Premature Infants
4.2.2. Neonates and Children
4.2.3. Geriatrics
4.2.4. Chronic Disease Patients
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. AbbVie Inc.
6.2. Aculife Healthcare
6.3. Amanta Healthcare
6.4. Anhui Medipharm Co.
6.5. B. Braun Melsungen AG
6.6. Baxter International, Inc.
6.7. Fresenius Kabi AG
6.8. Grifols
6.9. Ori Bionature (M) Sdn Bhd
6.10. Otsuka Holdings Co. Ltd.
6.11. Pfizer Inc.
6.12. Servona GmbH
6.13. Sichuan Kelun Pharmaceutical Co. Ltd.
6.14. Vifor Pharma
1. GLOBAL PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL AMINO ACIDS PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL FATS PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL CARBOHYDRATES PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL PARENTERAL LIPID EMULSION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL VITAMINS AND MINERALS PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL OTHERS PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
9. GLOBAL PARENTERAL NUTRITION MARKET FOR PREMATURE INFANTS RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL PARENTERAL NUTRITION MARKET FOR NEONATES AND CHILDREN RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL PARENTERAL NUTRITION MARKET FOR GERIATRICS RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL PARENTERAL NUTRITION MARKET FOR CHRONIC DISEASE PATIENTS RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
15. NORTH AMERICAN PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
16. NORTH AMERICAN PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
17. EUROPEAN PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. EUROPEAN PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
19. EUROPEAN PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
23. REST OF THE WORLD PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY COUNTRY , 2021-2028 ($ MILLION)
24. REST OF THE WORLD PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
25. REST OF THE WORLD PARENTERAL NUTRITION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL PARENTERAL NUTRITION MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL PARENTERAL NUTRITION MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL PARENTERAL NUTRITION MARKET, 2022-2028 (%)
4. GLOBAL PARENTERAL NUTRITION MARKET SHARE BY TYPE, 2021 VS 2028 (%)
5. GLOBAL AMINO ACIDS PARENTERAL NUTRITION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL FATS PARENTERAL NUTRITION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL CARBOHYDRATES PARENTERAL NUTRITION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL PARENTERAL LIPID EMULSION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL VITAMINS AND MINERALS PARENTERAL NUTRITION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL OTHERS PARENTERAL NUTRITION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL PARENTERAL NUTRITION MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
12. GLOBAL PARENTERAL NUTRITION MARKET FOR PREMATURE INFANTS, SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL PARENTERAL NUTRITION MARKET FOR NEONATES AND CHILDREN, SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL PARENTERAL NUTRITION MARKET FOR GERIATRICS, SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL PARENTERAL NUTRITION MARKET FOR CHRONIC DISEASE PATIENTS, SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL PARENTERAL NUTRITION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. US PARENTERAL NUTRITION MARKET SIZE, 2021-2028 ($ MILLION)
18. CANADA PARENTERAL NUTRITION MARKET SIZE, 2021-2028 ($ MILLION)
19. UK PARENTERAL NUTRITION MARKET SIZE, 2021-2028 ($ MILLION)
20. FRANCE PARENTERAL NUTRITION MARKET SIZE, 2021-2028 ($ MILLION)
21. GERMANY PARENTERAL NUTRITION MARKET SIZE, 2021-2028 ($ MILLION)
22. ITALY PARENTERAL NUTRITION MARKET SIZE, 2021-2028 ($ MILLION)
23. SPAIN PARENTERAL NUTRITION MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF EUROPE PARENTERAL NUTRITION MARKET SIZE, 2021-2028 ($ MILLION)
25. INDIA PARENTERAL NUTRITION MARKET SIZE, 2021-2028 ($ MILLION)
26. CHINA PARENTERAL NUTRITION MARKET SIZE, 2021-2028 ($ MILLION)
27. JAPAN PARENTERAL NUTRITION MARKET SIZE, 2021-2028 ($ MILLION)
28. SOUTH KOREA PARENTERAL NUTRITION MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF ASIA-PACIFIC PARENTERAL NUTRITION MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD PARENTERAL NUTRITION MARKET SIZE, 2021-2028 ($ MILLION)
