Wearables/Sensors to dominate the Advanced Medical Nutrition Market

Published On : 11/25/2021

The Advanced Medical Nutrition Market is likely to scintillate going forward. With various cloud options to explore, the healthcare industry is expected to be at a newer high in the forecast period. In other words, organizations across the globe are advancing their downtime regarding digital business initiatives. They are swiftly moving towards the cloud for modernizing the environments, enhancing system reliability, supporting hybrid work models, and addressing the other new-fangled realities surfacing in recent times. This would be the outlook of the healthcare vertical in the upcoming period.

The Advanced Medical Nutrition Market will reach US$ 2,300 Million at a CAGR of 7.2% between 2025. Analytics and big data process unstructured as well as the structured biomedical structure and medical data for generating new-fangled insights. As such, digital therapy experiences get an enhanced look with MR (mixed reality), AR (augmented reality), and VR (virtual reality). This would be the trend regarding the healthcare vertical in the forecast period.

“Medical Nutrition Market: Global Industry Analysis (2012-2016) and Forecast 2017–2025,” a new report by Persistence Market Research concentrates on the parenteral nutrition segment and its overall performance in the global medical nutrition market for the duration of eight years. The report segments the global parenterally administered medical nutrition market on the basis of product type, distribution channel, nutrition type and region.

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Company Profiles

• Allergan
• Baxter International Inc.
• Braun Melsungen AG.
• Fresenius Kabi AG
• Pfizer, Inc.
• Sanofi
• Mead Johnson & Company, LLC
• Sichuan Kelun Pharmaceutical Company Limited
• Otsuka Pharmaceuticals Co., Ltd.
• Grifols S.A.
• Abbott Laboratories
• Danone Nutricia
• Demo S.A. Pharmaceutical Industry

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Global Medical Nutrition Market: Forecast by Product Type

This segment is divided into Amino Acid Solution, Multiple Vitamins and Antioxidants, Lipid Emulsion, Trace Elements, 2C Bags, and 3C Bags. The Amino Acid Solution segment dominated the global parenteral medical nutrition market in terms of revenue in 2016, and the trend is projected to grow throughout the forecast period. Amino Acid Solution segment is the most attractive segment, with a market attractiveness index of 1.8 over the forecast period.

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Global Medical Nutrition Market: Forecast by Distribution Channel

Hospital Pharmacies, Retail Pharmacies, Compound Pharmacies are the sub-segments in this category. The Retail Pharmacies segment is expected to be the second most lucrative market in the global parenteral nutrition market by distribution channel, with an attractiveness index of 0.5 during the forecast period.

The Retail Pharmacies segment is estimated to account for 13.1% value share in 2017. Hospital Pharmacies will hold the largest market share of more than 65% throughout the forecast period.

Global Medical Nutrition Market: Forecast by Nutrition Type

The global parenterally administered medical nutrition market is estimated to represent incremental opportunity of US$ 2,577.4 Mn between 2017 and 2025. The market is expected to grow from US$ 3,468.9 Mn in 2017 to US$ 6,046.3 Mn by 2025 end. This represents a CAGR of 7.2% style=”font-weight: 400;”> over the forecast period.

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Global Medical Nutrition Market: Forecast by Region

The North America region dominated the global parenteral medical nutrition market in terms of revenue in 2016, and the trend is projected to grow throughout the forecast period. North America is the most attractive regional market, with an attractiveness index of 2.2 over the forecast period.

Revenue from the North America regional market is anticipated to increase at a CAGR of 8.7% over 2017–2025, to reach US$ 2,365.9 Mn by 2025.

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