"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**
- **Product Type**: The parenteral nutrition market can be segmented based on product type into amino acids, lipids, carbohydrates, electrolytes, vitamins & minerals, and trace elements. These products are essential for patients who cannot take sufficient nutrients orally.
- **Application**: In terms of application, the market can be categorized into chronic liver disease, short bowel syndrome, malignant conditions, acute renal failure, and others. Parenteral nutrition plays a crucial role in managing these conditions by providing necessary nutrients intravenously.
- **End User**: The market can also be segmented by end user, including hospitals, clinics, home care settings, and others. Hospitals are the major consumers of parenteral nutrition products due to the large number of patients in need of such treatment within their premises.
**Market Players**
- **Baxter International Inc.**: Baxter is a key player in the parenteral nutrition market, offering a wide range of products and solutions to meet the diverse needs of patients requiring intravenous nutrition support.
- **Fresenius Kabi AG**: Fresenius Kabi is a prominent player in the market, known for its high-quality parenteral nutrition products and global reach, providing essential nutrients to patients worldwide.
- **B. Braun Melsungen AG**: B. Braun is another major player in the industry, focusing on innovation and product development to cater to the evolving demands of healthcare providers and patients.
- **Grifols, S.A.**: Grifols is a leading company in the parenteral nutrition market, providing comprehensive solutions for patients requiring intravenous nutrition therapy to support their health and well-being.
- **Pfizer Inc.**: Pfizer is also a significant player in the market, leveraging its expertise in pharmaceuticals to deliver advanced parenteral nutrition products for patients with complex nutritional needs.
The global parenteral nutrition market is witnessing significant growth due to the increasing prevalence of chronic diseases, rising awareness about the benefits of intravenous nutrition therapy, and advancements in healthcareThe global parenteral nutrition market is experiencing rapid growth driven by several key factors. One of the primary drivers of this growth is the increasing prevalence of chronic diseases such as chronic liver disease, short bowel syndrome, and malignant conditions, among others. These conditions often require intravenous nutrition support, creating a significant demand for parenteral nutrition products. As the incidence of such diseases continues to rise globally, the market for parenteral nutrition is expected to expand further in the coming years.
Moreover, the growing awareness among healthcare providers and patients about the benefits of intravenous nutrition therapy is also contributing to the market growth. Parenteral nutrition plays a vital role in managing conditions where patients are unable to receive sufficient nutrients orally, either due to underlying medical issues or as a result of certain treatments. As the importance of nutrition in healthcare outcomes becomes more widely recognized, the demand for parenteral nutrition products is likely to increase.
Furthermore, advancements in healthcare technologies and treatments are driving innovation in the parenteral nutrition market. Companies are investing in research and development to introduce more effective and tailored solutions for patients with complex nutritional needs. This focus on product development and innovation is expected to drive the market forward, offering new and improved options for healthcare providers and patients alike.
In addition to these factors, the rise in healthcare infrastructure and services globally is also fueling market growth. Hospitals, clinics, and other healthcare facilities are increasingly equipped to provide intravenous nutrition support to patients in need. This expanded access to parenteral nutrition services is creating opportunities for market players to reach a larger customer base and offer their products and solutions in a variety of healthcare settings.
Overall, the global parenteral nutrition market is poised for continued growth in the coming years. With increasing incidence of chronic diseases, growing awareness about the benefits of intravenous nutrition therapy, ongoing advancements in healthcare, and expanding healthcare infrastructure, the market presents significant opportunities for market players to innovate, expand their offerings, and meet the evolving needs of patients and healthcare providers worldwide.**Segments**
- **Product Type**: The parenteral nutrition market is segmented based on product type into amino acids, lipids, carbohydrates, electrolytes, vitamins & minerals, and trace elements. These products are essential for patients who cannot take sufficient nutrients orally.
- **Application**: In terms of application, the market can be categorized into chronic liver disease, short bowel syndrome, malignant conditions, acute renal failure, and others. Parenteral nutrition plays a crucial role in managing these conditions by providing necessary nutrients intravenously.
- **End User**: The market can also be segmented by end user, including hospitals, clinics, home care settings, and others. Hospitals are the major consumers of parenteral nutrition products due to the large number of patients in need of such treatment within their premises.
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 witnessing significant growth due to several key factors. One primary driver of this growth is the increasing prevalence of chronic diseases such as chronic liver disease, short bowel syndrome, and malignant conditions. These conditions often require intravenous nutrition support, creating a significant demand for parenteral nutrition products. Additionally, the growing awareness among healthcare providers and patients about the benefits
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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