New York, NY, March 12, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Clinical Nutrition Market by Product Type (Enteral Nutrition, Parenteral Nutrition, and Infant Nutrition), by Type of Diseases, and by End-Users: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2015 – 2023”. According to the report, global clinical nutrition market was valued at approximately USD 43.81 billion in 2017 and is expected to generate revenue of around USD 61.44 billion by end of 2023, growing at a CAGR of around 5.8% between 2017 and 2023.
Clinical nutrition is concerned with diagnosis and treatment of diseases that affect the intake, absorption, and metabolism of dietary constituents. It also promotes health through the prevention of diet-related diseases. Clinical nutrition is the study of the relationship between nutrients and human bodies. It is used to treat malnutrition and disorders which are associated with absorption of nutrients in the body. Clinical nutrition helps in the treatment of various diseases, such as kidney diseases, diabetes, cardiovascular diseases and cancer.
Browse through 90 Tables & 35 Figures spread over 110 Pages and in-depth TOC on "Global Clinical Nutrition Market: Industry Size, Share, Trends and Forecast 2016 – 2022”.
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Demand for clinical nutrition is expected to increase due to the rise in Geriatric population and infants, increase in spending on healthcare, an increase in a number of disorders and diseases. In Geriatric population, health concerns pertaining to metabolic disorders and loss of appetite acts as a driver for the market. Increased intake of junk food is also one of the drivers which increase the demand for clinical nutrition. Lack of awareness about clinical nutrition products and stringent rules by the government may affect the growth of the market.
The clinical nutrition market is segmented on the basis of product type into enteral nutrition, parenteral nutrition, and infant nutrition. Infant nutrition segment is expected to grow at the fastest rate globally over the forecast period.
Browse the full "Clinical Nutrition Market by Product Type (Enteral Nutrition, Parenteral Nutrition, and Infant Nutrition), by Type of Diseases, and by End-Users: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2015 – 2023" report at http://www.zionmarketresearch.com/report/clinical-nutrition-market
The clinical nutrition market is segmented on the basis of the type of diseases into nutritional support in cancer, nutritional support in gastrointestinal diseases, nutritional support in neurological diseases, nutritional support in renal diseases, nutritional support in respiratory diseases and nutritional support in other diseases.
Infant, child, adult, and geriatric are the key end-users of the global clinical nutrition market. The infant segment is expected to dominate the market in the near future.
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North America is projected to rank third in the clinical nutrition market. The U.S. is expected to lead the market in North America. The increase in geriatric population leads to many disorders and diseases, therefore the demand for the clinical nutrition market is expected to increase during the forecasted period.
Europe is the second largest regional market and is expected to show significant growth in the coming years. Emerging economies in Europe are expected to show higher demand in Europe. Increase in patients’ income levels and incidences of the metabolic disorder are expected to stimulate the growth of clinical nutrition market in Europe.
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The Asia Pacific is the largest clinical nutrition market globally. Countries like China and India have high birth rate; due to this, the demand for clinical nutrition has increased, especially for infant nutrition. India is expected to show the highest CAGR in the Asia Pacific.
In the Middle East & Africa, as there are higher cases of malnutrition, demand for clinical nutrition market has been on the rise. Latin America is another important regional market and is expected to experience moderate growth over the forecast period. Rapid economic growth and improvement in healthcare facilities are expected to stimulate the growth of the clinical nutrition market during the forecast period.
Some of the key players operating in the global clinical nutrition market are Abbott Laboratories Inc., Nestle Nutrition, GlaxoSmithKline, Danone, Mead Johnson, Baxter Healthcare Ltd., Fresenius Kabi AB, Nutricia, and B Braun Melsungen AG.
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This report segments the global clinical nutrition market as follows:
Global Clinical Nutrition Market: By Product
- Enteral Nutrition
- Standard Nutrition
- Enteral Nutrition for Chronic Illness
- Parenteral Nutrition
- Amino acids
- Infant Nutrition
Global Clinical Nutrition Market: By Type of Diseases
- Nutritional support in Cancer
- Nutritional support in Gastrointestinal Disease
- Nutritional support in Neurological Diseases
- Nutritional support in Renal Diseases
- Nutritional support in Respiratory Diseases
- Nutritional support in Other Diseases
Global Clinical Nutrition Market: By End-Users
- North America
- The U.S.
- Asia Pacific
- Latin America
- The Middle East and Africa
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