Bharat Book Bureau Provides the Trending Market Research Report on “Global Oncology Nutrition Market, Forecast to 2023” under Life Sciences category. The report provides information on industry overview, market size, latest developments, industry trends, Prominent Players, global presence, and their future prospects.
Oncology nutrition market is projected to grow at a CAGR of 8.7% between 2018 and 2023
The oncology nutrition market is expected to reach USD 2.21 billion by 2023 from USD 1.46 billion in 2018, at a CAGR of 8.7%. The overall growth of the market is largely driven by the shifting focus from parenteral to enteral nutrition, increasing incidence of cancer, growing demand for nutritional feeding in the homecare sector, rising number of patients being treated for malnutrition, and increasing quality of clinical research on nutritional interventions. The development of elemental formulas and product innovation in this field also provides significant growth opportunities in this market. However, the complications associated with tube feeding and limited reimbursement represent significant challenges to the market growth.
Request a free sample copy of Oncology Nutrition Market Report @ https://bit.ly/2FP0CBE
The head and neck cancers segment is expected to grow at the fastest rate during the forecast period
Based on cancer type, the oncology nutrition market is segmented into head & neck cancers, stomach & gastrointestinal cancers, pancreatic cancer, liver cancer, esophageal cancer, lung cancer, breast cancer, blood cancer, and other cancers. The head & neck cancers segment is expected to grow at the highest CAGR during the forecast period. This is primarily attributed to the increasing incidence of head and neck cancers across the globe. Such patients see the major use of feeding formulas as severe conditions such as mucositis, xerostomia, dysgeusia, nausea, and vomiting limit their nutritional intake.
APAC to witness the highest growth during the forecast period
Geographically, the oncology nutrition market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. In 2017, North America commanded a major share of the oncology nutrition market. However, Asia Pacific is expected to witness the highest growth during the forecast period. The significant growth of the Asia Pacific market is mainly attributed to the growing prevalence of chronic diseases & disorders, increasing number of preterm births, rising geriatric population, and increasing healthcare expenditure.
Break of primary participants:
– By Company Type – Tier 1: 48%, Tier 2–34%, and Tier 3–18%
– By Designation – C-suite: 32%, Director and Manager Level: 48%, and Executives and Others: 20%
– By Region – North America: 36%, Europe: 27%, Asia Pacific: 21%, and the Rest of the World: 16%
The players competing in this market are Abbott Laboratories (US), Nestle S.A. (Switzerland), Danone (France), Fresenius Kabi AG (Germany), and B.Braun Melsungen AG (Germany). The other players in this market include Mead Johnson Nutrition Company (US), Hormel Foods (US), Meiji Holdings (Japan), Victus (US), and Global Health Products (US).
Click the link below to read the Full report :
https://www.bharatbook.com/MarketReports/Oncology-Nutrition-Market-by-Cancer-Type-Head–Neck-Stomach–Gastrointestinal-Liver-Pancreatic-Esophageal-Lung-Breast-Bl/1053364
About Bharat Book Bureau:
Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry study, country reports, business reports, newsletters and online databases. Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.
Contact us at:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Email: poonam@bharatbook.com
Website: www.bharatbook.com
Follow us on : Twitter, Facebook, LinkedIn, Google Plus