Parenteral Nutrition Market, By Nutrient Type (Parenteral Lipid Emulsion, Carbohydrates, Trace Elements, Single Dose Amino Acid Solution, and Vitamins & Minerals) and Geography (NA, EU, APAC, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025
143 Pages | Published Date : 28 / 09 / 18 | Report Code: AV200 | Report Format: PDF
The parenteral nutrition market is estimated to represent a global market of USD 4.93 billion by 2017 with growth rate of 6.1%.
Parenteral nutrition (also termed as Total Parenteral Nutrition) is a sterile solution that contains macronutrient (i.e. lipid, carbohydrate etc.) and micronutrient (minerals, vitamins etc.). The solution is directly infused into the bloodstream through an intravenous infusion pump, bypassing the digestive system. Special types of intravenous catheters such as Broviac, Hickman, and triple or double lumen catheters are used for this purpose. The growth of this industry is majorly attributed to the rising number of malnutrition cases across the globe. According to the Global Alliance for Improved Nutrition, more than two billion people suffer from a different form of malnutrition worldwide. As per the organization, globally, more than 2.6 million children die due to the lack of proper nutrition every year.
Parenteral nutrition enables an individual in achieving proper nutritional intake in a timely manner. Thereby, the demand for nutrient uptake through the parenteral route is increasing with the rising number of people with malnutrition, driving the industry growth. Other factors such as an aging population coupled with rising prevalence of chronic medical conditions spur the growth of this industry over the forecast period. On the contrary, potential complications associated with parenteral nutrition such as Intravenous access-related trauma, Air embolus, and Thrombophlebitis hampers the market growth to some extent.
Nutrient Type Takeaway
In terms of nutrient type, the market is categorized as Parenteral Lipid Emulsion, Carbohydrates, Trace elements, Single Dose Amino Acid Solution, and Vitamins & Minerals. Single dose amino acid solution accounted for the highest share. In 2017, the segment recorded USD 1.5 billion and is projected to dominate the industry over the study period. Developing regions such as the Asia Pacific and Latin America are the target market for single dose amino acid solutions owing to the rising incidences of protein deficiency diseases such as Kwashiorkor and Marasmus. Nirmin (Nirlife Pharma) and Aminosyn (Hospira, Inc.) are some of the commercially available products under this segment. However, parenteral lipid emulsions and carbohydrates are anticipated to grow with a lucrative growth rate over the study period.
Global Parenteral Nutrition Market, by Nutrient Type, 2017 vs 2025
Region wise, North America and Europe accounted for more than 75% revenue share collectively in 2017. Aggressive strategies adopted by leading players to expand their presence in these regions act as a potential driver for industry growth. For instance, in August 2017, Baxter collaborated with the American Society for Parenteral and Enteral Nutrition (ASPEN) which aims to increase awareness regarding the appropriate use of nutritional therapy.
The initiation is named as “SmartPN” that provides healthcare professionals with educational tools on the proper use of PN therapy that helps in reducing malnutrition cases and achieve better health outcomes. Asia Pacific accounted for over 14% revenue share in 2017 and is projected to grow with 6.9% CAGR over the study period. Growing geriatric population, rising demand for home healthcare coupled with increasing prevalence of chronic diseases support the regional growth.
Key Vendor Takeaway
Key players such as Fresenius Kabi AG, B. Braun Melsungen AG, Baxter International, Inc., Pfizer, Inc., and Allergan Plc are operating in this market. These key players are actively involved in improving the current portfolio of parenteral nutrition in order to sustain their position in the market. For example, Baxter offers one of the broadest portfolios under parenteral nutrition segment, which includes vitamins and lipids, premix IV solutions, as well as labelling, pharmacy workflow management, and compounding technology. Additionally, the company received marketing authorization for its product NUMETA G13E from the competent authorities in the Denmark and U.K.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 & 2016
- Base Year – 2017
- Estimated Year – 2018
- Projected Year – 2025
- Traders, Distributors, and Suppliers
- Government and Regional Agencies and Research Organizations
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY NUTRIENT TYPE
- Parenteral Lipid Emulsion
- Trace Elements
- Single Dose Amino Acid Solution
- Vitamins & Minerals
MARKET, BY REGION
- North America
- Rest of Europe
- Asia Pacific
- Rest of APAC
- Rest of the World
- Middle East and Africa
- Latin America
1. PARENTERAL NUTRITION MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Key Market Facts
2.2. Geographical Scenario
2.3. Companies in the Market
3. PARENTERAL NUTRITION KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. PARENTERAL NUTRITION INDUSTRY STUDY
4.1. Porter’s Analysis
4.2. Market Attractiveness Analysis
4.3. Regulatory Framework Analysis
5. PARENTERAL NUTRITION MARKET LANDSCAPE
5.1. Market Share Analysis
6. PARENTERAL NUTRITION MARKET – BY NUTRIENT TYPE
6.2. Parenteral Lipid Emulsion
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.4. Trace Elements
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.5. Single Dose Amino Acid Solution
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.6. Vitamins & Minerals
6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7. PARENTERAL NUTRITION MARKET– BY GEOGRAPHY
7.2. North America
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
22.214.171.124. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
126.96.36.199. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
188.8.131.52. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
184.108.40.206. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.3.5. Rest of Europe
220.127.116.11. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.4. Asia Pacific (APAC)
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
18.104.22.168. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
22.214.171.124. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.4.5. Rest of APAC
126.96.36.199. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.5. Rest of the World
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.5.3. Latin America
188.8.131.52. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.5.4. Middle East and Africa
184.108.40.206. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8. KEY VENDOR ANALYSIS
8.1. B. Braun Melsungen AG
8.1.1. Company Overview
8.1.2. SWOT Analysis
8.1.3. Key Developments
8.2. Fresenius Kabi AG
8.2.1. Company Overview
8.2.2. SWOT Analysis
8.2.3. Key Developments
8.3. Baxter International, Inc.
8.3.1. Company Overview
8.3.2. SWOT Analysis
8.3.3. Key Developments
8.4. Pfizer, Inc.
8.4.1. Company Overview
8.4.2. SWOT Analysis
8.4.3. Key Developments
8.5. Allergan Plc
8.5.1. Company Overview
8.5.2. SWOT Analysis
8.5.3. Key Developments
*Client can request additional company profiling as per specific requirements
9. 360 DEGREE ANALYSTVIEW
10.1. Research Methodology
10.4. Contact Us
List of Tables
Table 1 List of Acronyms
Table 2 Key Market Facts, 2014 – 2025
Table 3 Market Drivers: Impact Analysis
Table 4 Market Restraint: Impact Analysis
Table 5 Market Opportunity: Impact Analysis
Table 6 PEST Analysis
Table 7 Porter’s Five Forces Analysis
Table 8 Company Market Share Analysis
Table 9 Global Parenteral Nutrition Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
Table 10 Parenteral Nutrition Market, by Nutrient Type, 2014 – 2025 (USD Billion)
Table 11 Parenteral Nutrition Market, by Geography, 2014 – 2025 (USD Billion)
Table 12 North America Parenteral Nutrition Market, 2014 – 2025 (USD Billion)
Table 13 U.S. Parenteral Nutrition Market, 2014 – 2025 (USD Billion)
Table 14 Canada Parenteral Nutrition Market, 2014 – 2025 (USD Billion)
Table 15 Europe Parenteral Nutrition Market, 2014 – 2025 (USD Billion)
Table 16 France Parenteral Nutrition Market, 2014 – 2025 (USD Billion)
Table 17 Germany Parenteral Nutrition Market, 2014 – 2025 (USD Billion)
Table 18 Asia Pacific Parenteral Nutrition Market, 2014 – 2025 (USD Billion)
Table 19 China Parenteral Nutrition Market, 2014 – 2025 (USD Billion)
Table 20 India Parenteral Nutrition Market, 2014 – 2025 (USD Billion)
Table 21 Latin America Parenteral Nutrition Market, 2014 – 2025 (USD Billion)
Table 22 MEA Parenteral Nutrition Market, 2014 – 2025 (USD Billion)
List of Figures
Figure 1 Research Methodology
Figure 2 Research Process Flow Chart
Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)
Figure 4 Regulatory Framework Analysis
Figure 5 Parenteral Nutrition Market, by Nutrient Type, 2014 – 2025 (USD Billion)
Figure 6 Parenteral Nutrition Market, by Geography, 2014 – 2025 (USD Billion)
SCOPE AND OBJECTIVES
The objective of this report is to describe the market trends and revenue forecasts for the market for the upcoming years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends.
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analysing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the market. The scope of this report covers the market by its major segments.
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