The global Parenteral Nutrition Market size is expected to
reach USD 8.26 billion by 2026, according to a new report by Grand View
Research, Inc., progressing at a CAGR of 5.8% during the forecast period.
Increasing rate of natality and surging geriatric population is fueling the
market growth.
As of 2014, the natality rate
reported by the National Center for Health Statistics (NCHS) is 12.5 births per
1,000 populations in U.S. Furthermore, the percentage of lower weight infants
was 8.0%, thereby boosting the demand for parenteral nutrition products in the
country. The realized natality is rising over the last decade and is
anticipated to sustain growth over the forecast period. However, in 2011, a dip
was witnessed in U.S. owing to alteration in fertility rate of the local female
population. However, in the same year, hike in the number of births for foreign
based immigrant citizens was also observed leading to an overall rise in birth
rate.
Moreover, a large number of
premature babies suffer from low weight as well as undeveloped immunity thus
putting them at risk. Parenteral nutrition reduces the risk of infection and
underdevelopment, thereby promoting its application. As per the National Center
for Healthcare Statistics, the premature birth rate of the U.S. is about 9.6%
as of 2016, and the national authorities are working to reduce it to 8.1%.
In very low birth weight (VLBW)
newborns, demand for parenteral nutrition is higher owing to low prospect of
enteral nutrition. Hence, use of parenteral nutrition in premature infants
results in improved intrauterine nutrient deposition, faster neurological
development, and minimized risk of complications thus improving their chances
for survival.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/parenteral-nutrition-market
Further key findings from the study suggest:
- Single dose amino acid solution segment
dominated the market in 2018 owing to increasing use of amino acid
solutions that possess fewer side effects thus enhancing patient benefits
- North America led the market in terms of
revenue and accounted for 41.73% of the overall share in 2018. Presence of
high research expenditure by private entities and government agencies in
the healthcare sector and collaborations among medical device industry,
regulatory authorities, and universities are responsible for the market
growth
- Some of the companies present in the parenteral
nutrition market are B. Braun Melsungen AG; Baxter International, Inc.;
Fresenius Kabi AG; Hospira, Inc.; Actavis, Inc.; Grifols International
S.A.; Otsuka Pharmaceutical Factory, Inc.; and Sichuan Kelun
Pharmaceutical Co. Ltd.
Grand View Research has
segmented the global parenteral nutrition market based on nutrient type and
region:
Parenteral Nutrition Nutrient Type Outlook (Revenue, USD
Million, 2015 - 2026)
- Carbohydrates
- Lipid Emulsion
- Single Dose Amino Acid Solution
- Trace Elements
- Vitamins & Minerals
Parenteral Nutrition Regional Outlook (Revenue, USD
Million, 2015 – 2026)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Spain
- Italy
- France
- Asia Pacific
- Japan
- China
- India
- Thailand
- South Korea
- Latin America
- Brazil
- Argentina
- Mexico
- Colombia
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
About
Grand View Research, Inc.:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: http://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: http://www.grandviewresearch.com
No comments:
Post a Comment