Market focused reports linked with the healthcare industry among others recently have been made available by Market Research Future which issues reports on this industry. The market for clinical nutrition is anticipated to expand with an appealing CAGR percent in the forecast period while achieving incremental levels of revenue in the forecast period. The link between nutrition and disease is a significant one that aids in the recovery of patients, in some cases more than medicine.
The gradual rise in the level of the geriatric population around the world has contributed to the development of the market significantly. Clinical nutrition addresses a key need for gaining appropriate nutrition when patients due to trauma, disease or old age can’t normally ingest food. The entry of noteworthy competitors in the market has enhanced the product quality while increasing the product range offered to the end users in the market. The demand for clinical nutrition products has amplified considerably because of the unique combination of nutrition and science in the production of goods in the market.
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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Clinical Nutrition Market – Segments
The market for clinical nutrition market is segmented into the following categories:
On Basis of By Product: Infant Nutrition, Enteral Nutrition, and Parenteral Nutrition.
On Basis of End User: Infants, Adult And Geriatrics.
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.
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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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