Parenteral Nutrition Market to Reach Valuation of ~USD 8.4 Billion by the End of the Forecast Period 2019 to 2027: TMR

ALBANY, New York, June 18, 2020 /PRNewswire/ -- The global parenteral nutrition market is set to grow at a rate of 4.6% from 2019 to 2027. This will lead the market worth to grow from USD 5.6 billion in the year 2018 to USD 8.4 billion (approximately) by the year 2027. It is significant to note here that a number of growth factors are contributing to the steady trajectory that parenteral nutrition market is anticipated to chart.

As per Transparency Market Research, "Factors such as increase in incidence of chronic illnesses and notable increase in number of approvals for new components are driving the global parenteral nutrition market forward over the stated period."

Key Findings of Global Parenteral Nutrition Market Study:

• North America and Asia Pacific to be notable regions in the market over the forecast period
• Growing cases of malnutrition and increase in research and development to help market chart a higher growth trajectory
• Players will have a keen eye on opportunities arising in the developing regions of the world

Download a PDF Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3611

Key Drivers of Growth in Global Parenteral Nutrition Market:

As per Transparency Market Research, a host of trends and drivers are fuelling growth in the market over the forecast period. Some of these are an increase in illnesses and their incidence, rapidly ageing population, and technological advancement. A glimpse into the landscape is provided below:

• Incidence of chronic illness is growing steadily in both developing and developed nations of the world
• The United States of America is witnessing six in every ten people being inflicted by a chronic illness, four in every ten with minimum two
• Number of people aged 65 and above is growing rapidly – one in every six to occupy this group by 2050
• 2 billion people are going to mark the age group of 60 and over by 2050 – marked rise from about 970 million people in 2017
• Increase in research and development and in number of approval for new products is set to push the global parenteral nutrition market

For a detailed analysis of global parenteral nutrition market by type of nutrition, and region, visit https://www.transparencymarketresearch.com/report-toc/3611

Regional Analysis of Global Parenteral Nutrition Market:

• North America to lead global Parenteral Nutrition Market, Asia Pacific to grow at a notable rate over the forecast period
• High incidence of chronic illness, robust healthcare infrastructure, and impressive research and development atmosphere to drive North American region forward
• Increase in number of aged people and improving healthcare to contribute massively to growth in Asia Pacific

Analyze global parenteral nutrition market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3611

Competitive Landscape of Global Parenteral Nutrition Market:

The global parenteral nutrition market is witnessing its top players focusing on receiving regulatory approvals. Besides, players are also directing efforts towards new product development and entering key alliances. The aim behind these strategic maneuvers is to capture a larger share of the market. It is pertinent to note here that oftentimes these also contribute to growth in the market in general.

Dominant players in the global parenteral nutrition market are Allergan plc. Pfizer Inc., B.Braun Melsungen AG, Fresenius Kabi AG, Grifols, S.A.Baxter International, Inc., Vifor Pharma Management Ltd., and Sichuan Kelun Pharmaceutical Co., Ltd., among others. In its report, Transparency Market Research, profiles these market players and details out critical information regarding product launches, growth strategies, and so on.

Purchase the Parenteral Nutrition Market Report - https://www.transparencymarketresearch.com/checkout.php?rep_id=3611&ltype=S

Global Parenteral Nutrition Market: Segmentation

Global Parenteral Nutrition Market, by Type

• Carbohydrates
• Parenteral Lipid Emulsions
• Single Dose Amino Acid Solutions
• Trace elements, Electrolytes, & Minerals
• Vitamins

Global Parenteral Nutrition Market, by Region

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Explore Transparency Market Research's award-winning coverage of the global Healthcare industry:

Oncology Nutrition Market: The significant rise in nutritional wasting and nutritional risk among cancer patients is a major factor that is anticipated to boost the growth of the oncology nutrition market during the forecast period. The market was valued at US$ 836 Mn in 2018 and is projected to expand at a CAGR of ~6% from 2019 to 2027

Short Bowel Syndrome Market: Manufacturers in the short bowel syndrome market are increasing production capabilities in the development of synthetic GLP-2 analog with the help of extensive preclinical characterization and optimization. They are participating in educational forums to demonstrate product developments, which in turn helps to bolster the company's credibility credentials in the global market for short bowel syndrome.

Vitamin Deficiency Treatment Market: Some of the major factors that are expected to influence the expansion of the vitamin deficiency treatment market during the forecast period include rising prevalence of acute and chronic disorders, surge in the number of research & development activities, and growing demand for vitamin D and vitamin B complex, owing to the health benefits.

Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision."

Contact

Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Website: https://www.transparencymarketresearch.com/

SOURCE Transparency Market Research

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED