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DUBLIN–(BUSINESS WIRE)–Sep 24, 2020–
The “Global Clinical Nutrition Market 2019-2028” report has been added to ResearchAndMarkets.com’s offering.
The global clinical nutrition market is predicted to grow at a CAGR of 5.27% during the forecasting period 2019-2028.
The growing incidence of chronic diseases like cancer and diabetes has boosted the growth of clinical nutrition. This is because the patients suffering from these conditions are generally deprived of various essential nutrients. Besides, the surging number of malnutrition victims all over the world is fueling the need for the adoption of clinical nutrition products. In addition, the ever-increasing aging population is creating opportunities for the studied market growth.
However, the risk of infectious complications occur owing to enteral feeding is impeding the global market growth. Also, there is an absence of awareness among the public regarding the market. Consumers also have false perceptions associated with clinical nutrition. These factors are hampering the market growth.
The global market report covers the countries from North America, Europe, the Asia-Pacific, Latin America and the Middle East and Africa.
North America is likely to dominate the market with the highest share in the forthcoming period. The constant research & development activities towards the development of innovative clinical nutrition are primarily driving the regional market growth. Preventive medical nutrition is said to be effective for several chronic diseases, including ischemic stroke, coronary artery disease and diabetes. Hence, it is increasingly being adopted by different hospitals and clinics over North America. The large geriatric population in the region is another major driver of market growth. As the aging population is at a risk of many diseases, there is an increasing need for clinical nutrition among them. All these factors are aiding the studied market growth in the region.
- Increasing Number of People Suffering from Chronic Health Diseases
- Surging Number of Malnutrition Victims
- Difficulties Related to Enteral Feeding
- Lack of Awareness Regarding Clinical Nutrition
- Growing Aging Population
- Rising Usages of Clinical Nutrition in Developing Countries
- Stringent Regulatory Framework
- False Perceptions Associated With Malnutrition
- Nestle Health Science
- Basf Se
- Avadel Pharmaceutical
- Meiji Holdings Co. Ltd
- Baxter International Inc
- Reckitt Benckiser Group plc
- B Braun
- Sanofi Sa
- American Regent Inc
- Otsuka Holdings Co Ltd
- Abbott Laboratories
- Sichuan Kelun Pharmaceutical Co Ltd
- Lonza Inc
- Grifols Sa
- Exela Pharma Sciences
For more information about this report visit https://www.researchandmarkets.com/r/mzzh78
View source version on businesswire.com:https://www.businesswire.com/news/home/20200924005697/en/
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INDUSTRY KEYWORD: FITNESS & NUTRITION HEALTH
SOURCE: Research and Markets
Copyright Business Wire 2020.
PUB: 09/24/2020 11:21 AM/DISC: 09/24/2020 11:21 AM