Abbott Is One Of The Largest Players In The Clinical Nutrition Market, According To The Business Research Company’s Clinical Nutrition Global Market Report 2020-30: COVID-19 Growth And Change
(Companies Covered: Abbott Laboratories, Nestlé SA, Baxter Healthcare Ltd, B. Braun Melsungen AG, Perrigo Company Plc, Hospira, Fresenius Kabi, Danone, Pfizer, Mead Johnson Nutrition Company)
The global clinical nutrition market is expected to grow from $38.19 billion in 2019 to $42.86 billion in 2020 at a compound annual growth rate of 12.23%. The growth is mainly due to the COVID-19 outbreak. Nutritional care is believed to influence recovery time and the patient’s ability to return to normal. Nutrition is vital in maintaining avoiding metabolic disturbances during the patient`s stay (around two weeks) in the intensive care. Also, as respiratory difficulties prevent patients from eating effectively, nutritional intake is important. The market is then expected to stabilize and reach $52.76 billion in 2023 at a compound annual growth rate of 7.18%.
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The clinical nutrition market consists of sales of clinical nutrition interventions and related services by entities (organizations, sole traders and partnerships) that produce nutritional products that are used in the treatment of diseases related to malnutrition, restoring body tissue, and boosting energy and immunity in the body.
Global Clinical Nutrition Market Segmentation –
1) By Product: Infant Nutrition, Parental Nutrition, Enteral Nutrition.
2) By Route of Administration: Oral, Enteral, Parenteral.
3) By Application: Cancer, Neurological Diseases, Gastrointestinal Disorders, Metabolic Disorders, Others.
4) By End User: Pediatric, Adults, Geriatric.
Global Clinical Nutrition Market Driver –
The rising geriatric population is anticipated to boost the growth of the clinical nutrition market. The clinical nutrition needs of elderly people are determined by several factors including specific health conditions and associated impairment of the organ system, the level of activity, energy consumption and caloric requirements of an individual, the capacity to access, prepare, consume and digest food, and personal dietary preferences.
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Few Points From The Global Clinical Nutrition Market TOC
1. Executive Summary
2. Clinical Nutrition Market Characteristics
3. Clinical Nutrition Market Size And Growth
3.1. Global Clinical Nutrition Historic Market, 2015 – 2019, $ Billion
3.1.1. Drivers Of The Market
4. Clinical Nutrition Market Segmentation
4.1. Global Clinical Nutrition Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Clinical Nutrition Market Regional And Country Analysis
5.1. Global Clinical Nutrition Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Clinical Nutrition Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6. Asia-Pacific Clinical Nutrition Market
6.1. Asia-Pacific Clinical Nutrition Market Overview
6.2. Asia-Pacific Clinical Nutrition Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
7. China Clinical Nutrition Market
7.1. China Clinical Nutrition Market Overview
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