Published Date: 26-Sep-2021
Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
According to a new report Global Parenteral Nutrition Market, published by KBV research, The Global Parenteral Nutrition Market size is expected to reach $10.9 billion by 2027, rising at a market growth of 8.1% CAGR during the forecast period.
The single-dose amino acid solution segment procured the maximum revenue share of the market in 2020. Factor such as the massive adoption of these products combined with dextrose, vitamins, and trace minerals in order to maintain the weight equilibrium among the malnourished individuals is responsible for the growth of the segment. Additionally, the massive usage of amino acid solutions is due to the high accessibility of solutions with lower negative effects, leading to enhanced patient results, and increasing influx of regulatory authorized solutions.
North America emerged as the leading region by acquiring the maximum revenue share of the global parenteral nutrition market in 2020. This is due to the high accessibility of technologically developed medical equipment, huge spending on R&D activities by the government bodies and private companies in the healthcare industry, and partnership among the universities, regulatory bodies, and the medical device industry. The surge in the demand for home health care products is one of the main catalysts for the growth of the regional parenteral nutrition market as the parenteral nutrition products are easily accessible in clinical care and home health care.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Vifor Pharma Management Ltd., Baxter International, Inc., Allergan PLC (AbbVie), B. Braun Melsungen AG, Fresenius SE & Co. KGaA, Grifols S.A., Pfizer, Inc., ICU Medical, Inc., Anhui Medipharm Co., Ltd. and Aculife Healthcare Private Limited.
By Nutrient Type
Unique Offerings from KBV Research