Parenteral Nutrition Market Size, Share, Growth and Trends, Report 2024-2031

Parenteral nutrition involves delivering essential nutrients directly into the bloodstream through the veins. This process includes a combination of amino acids, carbohydrates, fats, minerals, electrolytes, vitamins and trace elements. It is used for patients who cannot eat or absorb nutrition well through tube feeding or by mouth. Parenteral nutrition can be administered laterally or centrally, usually through the superior vena cava, bypassing the digestive system and avoiding the effect of first flow.

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Market Dynamics:

The Increase in Chronic Conditions and Problems in Children

The global parenteral nutrition market is positively influenced by the prevalence of chronic conditions, such as cancer, and the increase in pediatric disorders. Providing essential nutrients through parenteral nutrition is important for maintaining hydration, strength and energy in patients with chronic diseases. According to the International Agency for Research on Cancer (IARC), the number of new cancer cases worldwide is expected to rise from 17.0 million in 2018 to 27.5 million in 2040 due to population growth and old age. This expected increase in cancer cases is expected to drive the demand for parenteral nutrition products. Moreover, the increase in children’s problems leading to mineral and vitamin deficiency will boost the market for parenteral nutrition solutions. Ongoing research and development efforts by key players, including the introduction of new devices such as Baxter’s ‘smartPN’ in collaboration with ASPEN, are also contributing to market growth through addressing malnutrition and advancing the field.

Overall Parental Nutrition Market Segmentation:

By Type: Amino Acids, Trace elements, Parenteral Lipid Emulsions, Vitamins, Electrolyte & Minerals.

By User: Hospital, Clinics, Home Care, Other.

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Key Players Involved in Parenteral Nutrition Market:

• Sichuan Kelun Pharmaceutical Co., Ltd.
• Allergan plc (Actavis plc)
• Fresenius Kabi AG
• Grifols SA
• Baxter International, Inc.
• Claris Lifesciences Limited
• B. Braun Melsungen AG
• Pfizer, Inc.

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Area Analysis:

The Parenteral Nutrition Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, Middle East and Africa. The report provides detailed information on new product launches, new technology developments, new services, and ongoing R&D. The report covers qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter’s five forces analysis. The Parenteral Nutrition Market report also provides important information such as raw material sources, distribution network, processes, production capacity, industrial supply chain and product specifications.

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