The Global Clinical Nutrition Market is growing with the rapid pace; mainly due the burgeoning Healthcare Sector. According to a recent study report published by the Market Research Future, The global Clinical Nutrition Market is booming and expected to gain prominence over the forecast period. The Market is forecasted to demonstrate a huge growth by 2021, surpassing its previous growth records in terms of value & volume.
The increasing number of global diabetes cases is a major concern. According to WHO, around 387 million people had diabetes in 2014 globally. The number of diabetics is increasing in both developed and developing countries, Clinical nutrition products are considered to be the best alternatives, during the treatment of different diseases, such as cancer, diabetes, cardiovascular diseases, and kidney diseases.
Clinical Nutrition is a therapeutic composition developed to fulfil the nutritional requirement of the patient. Clinical nutrition is used during diseases like cancer, diabetes, chronic obstructive pulmonary disease (COPD), gastrointestinal disorders, immune system disorders and many more. Clinical Nutrition is prescribed by a physician when a patient has special nutrient needs in order to manage a disease or health condition, and the patient is under the physician’s ongoing care.
Clinical Nutrition Market – Key Players
The key players profiled in Clinical nutrition market report include
- Baxter International Inc.
- Abbott Laboratories
- B. Braun Melsungen AG
- Nestlé S.A
- GroupeDanone
- Mead Johnson Nutrition Company
- Fresenius Kabi
- Hospira Inc
- Perrigo Company Plc
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Latest Industry News:
June 2018 Functional Formularies have made a statement recently about an exclusive distribution partnership with Bowers Medical Supply that will make Nourish and Liquid Hope accessible to a great extent in the Canadian market. The products have been created using the Food as Medicine model and are sanctioned by Health Canada; both products will be easily accessible to Canadians who pick a nutritionally whole, organic feeding tube formula. The products can also be used orally. The partnership between Functional Formularies and Bowers Medical Supply will now make the products obtainable under many of the government programs in Canada.
January 31, 2018 – Filament BioSolutions, Inc. (North America), a leading clinical nutrition therapeutics company announced its partnership with the University of Ottawa & Children’s Hospital (as a corporate partner) for the study of the clinical application of microbiome-based precision nutrition in inflammatory bowel disease (IBD). The research project valuing a USD 7.4M is funded by Genome Canada and the Canadian Institutes of Health Research (CIHR).
October 2017 Enzymotec has been acquired Frutarom for $168 million. This acquisition will contribute to the expansion in the fields of dietary supplements, designated foods for infants in infant formula, where Frutarom has almost no activity currently, and elderly clinical nutrition in which Frutarom is active.
Clinical Nutrition Market – Segments
The Clinical Nutrition market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation By Product: Comprises infant nutrition, Enteral Nutrition, Parenteral Nutrition and other.
Segmentation By End User: Comprises infants, Adult and Geriatrics and other.
Segmentation By Region: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
Clinical Nutrition Market – Regional Analysis
Asia-Pacific held the largest share in the global clinical nutrition market. The region is anticipated to witness rapid growth during the forecast period, followed by Europe and North America respectively. Increasing geriatric population is also expected to propel the growth of the Asia Pacific market.
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