As per the World Health Organization (WHO), approximately 11% of the diseases globally are taking place owing to malnutrition and hence are posing a risk to the life of human beings. If this count increases in forthcoming years, then problems of food security and political unrest will emerge, providing impetus to the development of the global parenteral nutrition market.
1. Parenteral Nutrition Market - Global Industry
Analysis, Size, Share, Growth, Trends and
Forecast 2016 - 2024
Parenteral Nutrition Market: Overview
As per the World Health Organization (WHO), approximately 11% of the diseases
globally are taking place owing to malnutrition and hence are posing a risk to the
life of human beings. If this count increases in forthcoming years, then problems of
food security and political unrest will emerge, providing impetus to the development
of the global parenteral nutrition market.
The report covers a detailed understanding of the forces driving and restraining the
development of the global parenteral nutrition market. Market attractiveness
analysis also forms a key part of this report in addition to the employment of tools
such as Porter’s five forces model in order to present the degree of competition
prevalent in the market. Furthermore, market share analysis with respect to
different regions also forms an integral part of this study.
The top segments and sub-segments present in the market and their expected state
by the end of the forecast period have also been presented. The competitive
landscape section of the study encapsulates the leading vendors in the market,
their key weaknesses and strengths, and top product introductions.
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Parenteral Nutrition Market: Drivers and Restraints
The global parenteral nutrition market is fuelled by the increasing occurrence of
chronic diseases such as Crohn’s disease, diabetic complications, ischemic bowel
disease, gastro-intestinal disorders, and cancer. In addition, the soaring count of
malnourished children, particularly within emerging nations resulting in the
increasing natality rate will positively impact the development of the global
parenteral nutrition market. Furthermore, the increasing aging population suffering
from deficiency of several essential nutrients will stimulate the growth of the
market.
2. On the other hand, the market for parenteral nutrition is restrained due to the
increasing health risks incurred owing to poor monitoring. In addition, muscle pain,
allergic reactions, unexplained gaining of weight, and shortness of breath are also
some of the other side effects related to parenteral nutrition. Furthermore,
consistent utilization of parenteral nutrition therapy may result in liver diseases and
metabolic complications, as per The American Society for Nutrition. These factors
will further negatively impact the growth of the global parenteral nutrition market.
Parenteral Nutrition Market: Region-wise Outlook
Geographically, the report segments the global parenteral nutrition market into
Latin America (LATAM), Asia Pacific, Europe, North America, and the Middle East and
Africa (MEA). Of these, North America led the market for parenteral nutrition in
2014 and constituted an approximate share of 40.1%. This region is poised to
maintain its superiority all through the forecast period. This is owing to the
favorable insurance policies covering all the parenteral nutrition expenditures within
this region. In addition, both in Canada and the U.S., the parenteral nutrition market
will rise owing to increasing count of patients having cancer and diabetes.
Furthermore, a number of companies have also put in efforts to increase their
operations within Canada, thus boosting the growth of the North America parenteral
nutrition market.
On the other hand, the Asia Pacific parenteral nutrition market is predicted to rise at
the swiftest CAGR of 7.30% from 2015 to 2023. This is owing to the advancement of
pharmaceutical markets in nations such as Thailand, Taiwan, Singapore, Indonesia,
China, and India. In addition, the increasing preterm birth cases, resulting in
malnutrition will further boost the growth of this market in Asia Pacific.
Key players Mentioned in the Report are:
The leading players in the global parenteral nutrition market are Sichuan Kelun
Pharmaceutical Co., Ltd., Fresenius SE & Co. KGaA, Grifols S.A., Allergan plc (Actavis
plc), Baxter International, Inc., and Pfizer, Inc. (Hospira, Inc.) amongst others.
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Major regions analyzed under this research report are:
North America
3. Asia Pacific
Europe
Latin America
Middle East and Africa
This report gives you access to decisive data such as:
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for the coming years
Key highlights of this report:
Overview of key market forces propelling and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition dynamics to offer you a competitive edge
An analysis of strategies of major competitors
An array of graphics and SWOT analysis of major industry segments
Detailed analyses of industry trends
A well-defined technological growth map with an impact-analysis
Offers a clear understanding of the competitive landscape and key product
segments
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