The Global Medical Nutrition Market is expected to grow at a CAGR of 9.2% during forecasted period 2017-2023. Worldwide Medical Nutrition Market is segmented on basis of type into pediatric nutrition, elderly nutrition, sports nutrition and parenteral nutrition and others. On the basis of application the market is segmented into pediatric malnutrition, diabetes, obesity, renal failure, sarcopenia, cancer and others.
Medical Nutrition is a therapeutic composition developed to fulfil the nutritional requirement of the patient. Medical nutrition are used during diseases like cancer, diabetes, chronic obstructive pulmonary disease (COPD), gastrointestinal disorders, immune system disorders and many more. The major factors impacting the growth of this market include increasing incidences of diseases requiring additional nutrients and increased awareness among population about the benefits of medicated foods and beverages.
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Changing life style such as habitual smoking, alcohol, extended work hours and relying on fast-food has resulted into lack of adequate nutrients that is also one of the reasons contributing to the growth of medical nutrition industry market. However the factors that are limiting the development of the market are high price and critical reimbursement policies enforced by the governments in various countries.
Key players for Global Medical Nutrition Market:
Abbott Nutrition (US), AYMES Nutrition International Ltd. (UK), NeoMed (US), Baxter International (US), Danone (France), B. Braun Melsungen AG (Germany), Mead Johnson & Company, LLC. (US), Nestlé Health Science (Switzerland), Nutricia Advanced Medical Nutrition (Netherland), Primus Pharmaceuticals (US), Inc., Solace Nutrition (UK) and others.
On regional basis, North America accounts the largest market for medical nutrition which is followed by Europe. Huge population pool that is suffering from chronic diseases and relatively more number of health conscious population in North America and Europe are the major reason for the growth of this market. Asia Pacific is the fastest growing segment due to rapid development in healthcare sector and increasing population.
Study Objectives Global Medical Nutrition Market:
Detail analysis of global medical nutrition market with region specific growth and competitive analysis on the basis of major players present in the market
Detail analysis of global medical nutrition market and different drivers and restraints affecting the growth of the market
Detailed analysis of the historical and forecasted market Analysis of the market on the basis of factors like- price analysis, supply chain analysis, porters five force analysis etc.
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global medical nutrition market.
Detail analysis on the possible segments and sub segments of the market.
Insights on the major countries/regions in which these major industries is flourishing and to also identify the untapped regions which could be the potential markets in future
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