Clinical Nutrition Market report offers Market Size, Dynamics, Regional Market Share, Top Key Players, Latest trends, Growth factors, Industry Stats, Historic Market, Business Intelligence, Business Research Reports, Competitive Intelligence 2013 to 2017 and Forecast 2018 to 2024
Clinical Nutrition Market : The global market for clinical nutrition is propelling owing to the growing geriatric population who are highly prone to the major health issues related to the metabolic disorders & loss of appetite. Increase in initiatives taken by the governments, Malnutrition, rise in junk foods intake, poverty, lack in awareness are the factors that are fuelling the growth of clinical nutrition market growth. However, strict government regulations, low reimbursement policies, volatility of the market, patient compliance complexities are the factors hampering the market growth.
Clinical nutrition Market is segmented on the basis of product type, disease conditions, and route of administration, distribution channel, and region.
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On the basis of product type, clinical nutrition market is segmented as:
• Vitamins and Minerals
• Pre/Probiotic
• Amino Acids
• Glucose
• Lipids
• Omega Fatty Acids
• Others
On the basis of medical conditions, clinical nutrition market is segmented as:
• Metabolic Disorders
• Neurological Disorders
• Gastrointestinal Disorders
• Eating Disorders
• Others
On the basis of route of administration, clinical nutrition market is segmented as:
• Oral
• Enteral
• Parenteral
On the basis of distribution channel, clinical nutrition market is segmented as:
• Hospital Pharmacies
• Retail Pharmacies
• Others
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The progressive impact of growing population pool of baby boomers is protruded to remain as an intermediate in coming years as expectancy of life is expected to increase due to improvement of standards of health. Rise in the incidence rate of chronic diseases like diabetes, cancer, and HIV/AIDS is driving the global clinical nutrition market growth. In paediatric category, increasing demand for the clinical nutrition is emerged as budding opportunity for market of the clinical nutrition. Growing home care use of nutritional products is anticipated to increase demand for the clinical nutrition market.
Based on geographical region, the global clinical nutrition market is segmented as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia- Pacific is dominating the global market of clinical nutritional products. Owing to the high birth rate in countries like India and China are expected to drive the demand for the clinical nutrition products, especially for infant nutrition products. As per the World Bank Group, India has highest birth-rate in APAC region in 2012. In Europe, France and UK have highest birth rate in same year. North America and the Europe are anticipated to dominate global clinical nutrition products market during the forecast period owing the rising investments from the manufacturers in R&D for the innovation of novel products with enhancement of nutrition.
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Some of the players in clinical nutrition market are Ajinomoto Co. Inc., Perrigo Company Plc Abbott Nutrition Inc., Baxter International Inc., Danon Baby and Medical Nutrition BV, B. Braun Medical Inc., Fresenius Kabi AG, Hospira (Pfizer) Inc., Gentiva Health Services Inc., Hero Nutritional Inc., and Nestle SA.
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