The market is segmented by nutrient type, consumer, and by end-user, out of which, the nutrient segment is further categorized into carbohydrates, lipid emulsion, single dose amino acid solution, trace elements, and vitamins & minerals. The segment for single dose amino acid solutions is projected to hold a significant market share during the forecast period owing to its extensive use in numerous parenteral therapies for the treatment of chronic diseases. The lipid emulsion segment is also expected to witness significant growth in the parenteral nutrition market on the back of growing cases of pediatric patients worldwide. Lipid emulsions are a rich source of essential fatty acids and are used to uphold the nitrogen level in parenteral nutrition solutions and are therefore responsible for the growth of the global market over the forecast period.
Based on the consumer, the segment for children and new-borns is assessed to hold the largest market share during the forecast period on account of the rising birth rates and premature births along with the scarcity of essential nutrients in premature infants and newborns.
Based on the end-user, the market is segmented into hospitals, clinics, and others. The segment for the hospital is estimated to hold the largest share in the global market over the forecast period which is attributed to the growing cases of inflammatory bowel syndrome and cancer-induced anemia patients globally coupled with the increasing demand for advanced healthcare facilities. The clinical segment is also anticipated to register a fast growth in terms of revenue over the forecast period as a result of the increasing number of specialized and disease-specific clinics which is estimated to contribute to the internal competition for better service and thereby raise the global demand for parenteral nutrition market.
Our in-depth analysis of the global market includes the following segments
By Nutrient |
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By Consumer |
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By End-User
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Author Credits: Radhika Pawar
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