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Global Clinical Nutrition Market 2019 Trends, Market Share, Industry Size, Opportunities, Analysis and Forecast To 2026




Dec 4, 2019



Summary:

A new market study, titled “Discover Global Clinical Nutrition Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.

Introduction

Global Clinical Nutrition Market

Clinical Nutrition refers to patient nutrition in healthcare. Clinical in this sense refers to the management of patients including not only outpatients at clinics but also inpatients in hospitals. It incorporates primarily the scientific fields of nutrition and dietetics. It aims to keep a healthy energy balance in patients, as well as providing sufficient amounts of other nutrients such as protein, vitamins and minerals. Normally, individuals obtain the necessary nutrients that their bodies require through normal diets but there are medical instances such as disease, distress, stress, and so on that may prevent the body from obtaining sufficient nutrients through diets alone. In such conditions, a dietary supplement is required to fill the void.

Over the past decade, the prevalence of metabolic disorders has increased, thereby resulting in the increase in the number of patients diagnosed. Thus, with the rising prevalence of the metabolic diseases, there is a great opportunity for the market players to tap the emerging markets and establish their presence. Healthcare expenditure continues to grow in most of the countries, maintaining a trend observed over decades. Therefore, as the healthcare spending among individual increases among major countries of the world, because of its wide applicability, the market is expected to witness a high growth.

Global Clinical Nutrition market is mainly driven by growing rate of premature babies. According to World Health Organization (WHO), an estimated 15 million babies are born preterm each year and the number is expected to rise in the coming years. According to WHO, the rate of preterm birth ranges from 5% to 18% across 184 countries. More than 60% of preterm birth occurs in Africa and South Asia. In 2017, the US preterm birth rate increased by 10%. According to National Institute for Health and Welfare, out of 1000 premature infants, 44 die before age one due to insufficient nutrients.

 

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Market Segmentation

The Global Clinical Nutrition market is segmented broadly by Route of Administration, Application and End user.

By Route of administration, the market is segmented into:

  • Oral and Enteral
  • Parenteral

By Application, the market is further segmented into:

  • Nutritional support for Malnutrition
  • Nutritional support for Metabolic Disorders
  • Nutritional Support for Gastrointestinal Diseases
  • Nutritional support for Neurological Diseases
  • Nutritional support for Cancer
  • Others

By End user, the market is divided into:

  • Paediatric
  • Adult

 Regional Analysis

Asia Pacific dominated the Global Clinical Nutrition market in 2017 and is expected to grow due to high prevalence of malnutrition in children. Asia Pacific dominates the market and expected todrive the Global Clinical Nutrition Market due to high prevalence of malnutrition in China.

Industry News

The increase in number of product launches and expansion of distribution network are major strategy adopted by manufacturers to improve their market presence of Clinical Nutrition product. For instance in July 2018, Newtrition, BASF’s human nutrition brand has received EU Novel Food approval for 2-fucosyllactose (2’FL) and human milk oligosaccharide (Halo) for infant nutrition. In June 2018, Abbott introduced Similac with HMO, infant formula in Vietnam. The intolerance of milk-based products and stringent government regulations might hamper the growth of Global Clinical Nutrition Market.

In June 2018, Functional Formularies, a pioneer in health food alternatives started an exclusive partnership with Bowers Medical Supply which makes Liquid Hope and Nourish. These products are nutritionally complete whole food formula without added sugars; fruit-based sweeteners, additives or stabilizers found in other formula. It is available in Canadian market and approved by Health Canada.

 

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Major Key Points of Global Clinical Nutrition Market

  • GLOBAL CLINICAL NUTRITION MARKET-SCOPE AND METHODOLOGY
  • GLOBAL CLINICAL NUTRITION MARKET – KEY TRENDS AND DEVELOPMENTS
  • INDUSTRY ANALYSIS
  • GLOBAL CLINICAL NUTRITION MARKET SEGMENTATION
  • GLOBAL CLINICAL NUTRITION MARKET – BY GEOGRAPHY
  • COMPETITIVE LANDSCAPE
  • APPENDIX

 

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Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.   

 

 

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