USD 6.7 billion
Parenteral Nutrition Market Size, Share, Growth Analysis, By Nutrition Type (Carbohydrates, Parenteral Lipid Emulsion), By Stage Type (Adult, Pediatrics), By Indication (Nutrition Deficiency, Cancer Care), By Sales Channel (Online, Retail), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG35C2022 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
62
|Figures:
75
Parenteral Nutrition Market Insights
Parenteral Nutrition Market size was valued at USD 6,840.0 Million in 2023 and is poised to grow from USD 7359.84 Million in 2024 to USD 13260.73 Million by 2032, growing at a CAGR of 7.6% during the forecast period (2025-2032).
The global parenteral nutrition market has experienced significant growth over the past years and is expected to continue expanding in the coming years. One of the key drivers fueling the growth of the global parenteral nutrition market is the increasing prevalence of chronic diseases and gastrointestinal disorders. Conditions such as cancer, Crohn's disease, and short bowel syndrome necessitate the use of parenteral nutrition to ensure adequate nutrition and support patient recovery. Moreover, the rising geriatric population, who are more prone to malnutrition and related complications, has contributed to the market growth. Another factor driving market expansion is the advancements in parenteral nutrition formulations and technologies.
Manufacturers are focusing on developing innovative products that improve patient outcomes, reduce complications, and enhance the ease of administration. For instance, the introduction of multi-chamber bags that allow for customized nutrient combinations has simplified the process of preparing parenteral nutrition solutions, benefiting both healthcare professionals and patients. However, the global parenteral nutrition market also faces several challenges. One of the significant hurdles is the risk of infections and complications associated with long-term parenteral nutrition therapy. Catheter-related bloodstream infections and metabolic complications pose substantial risks to patients, requiring stringent infection control measures and careful monitoring. Furthermore, the high cost of parenteral nutrition solutions and associated equipment can limit market growth, especially in developing regions with limited healthcare budgets.
The complex manufacturing processes and the need for specialized equipment and expertise contribute to the overall cost burden. Regulatory constraints and the lack of standardized guidelines for parenteral nutrition therapy in some regions also pose challenges. Harmonization of regulatory frameworks and the development of evidence-based guidelines are essential to ensure safe and effective administration of parenteral nutrition.
US Parenteral Nutrition Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Adults
Fastest Growth
Adults
Growth Rate
6.0% CAGR
Global Parenteral Nutrition Market ($ Bn)
Country Share for North America Region (%)
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Parenteral Nutrition Market Segmental Analysis
Global Parenteral Nutrition Market is segmented by Nutrition Type, Stage Type, Indication, Sales Channel and region. Based on Nutrition Type, the market is segmented into Carbohydrates, Parenteral Lipid Emulsion, Single Dose Amino Acid Solution, Trace Elements, Vitamins & Minerals. Based on Stage Type, the market is segmented into Adult, Pediatrics. Based on Indication, the market is segmented into Alzheimer’s, Nutrition Deficiency, Cancer Care, Diabetes, Chronic Kidney Disease, Orphan Diseases, Dysphagia, Pain Management, Malabsorption/GI Disorder/Diarrhea, Others. Based on Sales Channel, the market is segmented into Online, Retail, and Institutional. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Parenteral Nutrition Market Analysis By Consumer
The global parenteral nutrition market can be segmented based on consumers into two main categories: Children and Newborns, and Adults. One dominant consumer segment in the parenteral nutrition market is Adults. This segment encompasses a wide range of patients, including those suffering from chronic illnesses, malnutrition, gastrointestinal disorders, and other medical conditions that hinder the ability to consume food orally. The adult population's substantial share in the market is attributed to the growing prevalence of chronic diseases such as cancer, inflammatory bowel disease, and liver failure, which often require parenteral nutrition as a crucial therapeutic intervention. Additionally, the aging global population contributes to the dominance of this segment, as older adults are more susceptible to age-related malnutrition and related complications.
On the other hand, the fastest-growing consumer segment in the parenteral nutrition market is Children and Newborns. This segment is witnessing rapid growth due to several factors. Firstly, neonatal intensive care units (NICUs) are increasingly adopting parenteral nutrition to support premature infants and babies born with critical medical conditions. Parenteral nutrition plays a vital role in providing essential nutrients to these vulnerable newborns, promoting healthy growth and development. Furthermore, pediatric patients with various medical conditions that necessitate nutritional support are benefiting from advancements in parenteral nutrition formulations and tailored treatment approaches. As awareness and understanding of pediatric nutritional needs improve, the demand for parenteral nutrition in this segment is expected to continue expanding at a higher rate compared to the adult segment.
Parenteral Nutrition Market Analysis By End User
The global parenteral nutrition market can be segmented based on end users into three main categories: Clinics, Hospitals, and Others. One dominant end user segment in the parenteral nutrition market is Hospitals. Hospitals play a critical role in providing comprehensive healthcare services, including parenteral nutrition therapy, to patients with various medical conditions. The hospital setting offers advanced medical facilities, a skilled healthcare workforce, and specialized departments such as intensive care units (ICUs) and surgical units, where parenteral nutrition is commonly administered. The dominant position of hospitals in the market is primarily driven by the high volume of patients requiring parenteral nutrition due to critical illnesses, surgeries, and complex medical interventions. Moreover, hospitals have established protocols and infrastructure to manage parenteral nutrition therapy effectively, making them the primary choice for such treatments.
The fastest-growing end user segment in the parenteral nutrition market is Clinics. Clinics, including ambulatory care centers and specialty clinics, are experiencing rapid growth due to several factors. One significant factor is the increasing preference for outpatient care and the rising trend of home-based parenteral nutrition. Clinics provide a more accessible and convenient option for patients who require long-term parenteral nutrition but do not need the intensive care provided in hospitals. Advances in medical technology and portable infusion devices have enabled the safe administration of parenteral nutrition in outpatient settings, allowing patients to receive treatment while maintaining their daily routines. Furthermore, the growing emphasis on personalized healthcare and the increasing availability of specialized clinics focusing on nutrition and wellness are contributing to the expansion of the clinic segment in the parenteral nutrition market.
Global Parenteral Nutrition Market By Consumer
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Parenteral Nutrition Market Regional Insights
The dominance of North America can be attributed to several factors, including the presence of well-established healthcare infrastructure, advanced medical technologies, and high healthcare expenditure. Additionally, the region has a high prevalence of chronic diseases, an aging population, and a strong focus on research and development activities, which contribute to the demand for parenteral nutrition therapies. Moreover, the presence of major pharmaceutical and healthcare companies in North America further strengthens its dominant position in the market.
The fastest-growing region in the parenteral nutrition market is expected to be Asia Pacific. The Asia Pacific region has witnessed significant growth in recent years due to various factors. The increasing prevalence of chronic diseases, rapid urbanization, and improving healthcare infrastructure in countries like China and India are driving the demand for parenteral nutrition therapies. Additionally, the rising disposable income and expanding middle-class population in the region have led to increased healthcare spending and accessibility to advanced medical treatments. Furthermore, the focus on improving healthcare facilities, the adoption of innovative technologies, and the growing awareness about nutrition and wellness are fueling the market growth in the Asia Pacific region.
Global Parenteral Nutrition Market By Region
- Largest
- Fastest
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Parenteral Nutrition Market Dynamics
Parenteral Nutrition Market Drivers
Technological Advancements in Parenteral Nutrition Products
- The development of innovative formulations, improved nutrient combinations, and advanced delivery systems has enhanced the safety and efficacy of parenteral nutrition therapy. These advancements have made parenteral nutrition administration more convenient for healthcare providers and more tolerable for patients.
Increasing Awareness about Clinical Nutrition
- There is a growing awareness of the importance of nutrition in overall health and disease management. This increased understanding of the role of nutrition in patient outcomes has led to a higher demand for parenteral nutrition therapy as a part of comprehensive healthcare.
Parenteral Nutrition Market Restraints
Regulatory Constraints and Lack of Standardization
- Variations in regulations and lack of standardized guidelines for parenteral nutrition therapy across different regions pose challenges for manufacturers and healthcare providers. Harmonization of regulatory frameworks and the development of evidence-based guidelines are essential for ensuring safe and effective administration of parenteral nutrition.
Potential Complications and Limitations of Long-term Use
- Prolonged dependence on parenteral nutrition may present complications such as liver dysfunction, fluid imbalances, and electrolyte abnormalities. These limitations and complications need to be carefully managed to ensure the optimal use of parenteral nutrition and minimize risks to patients.
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Parenteral Nutrition Market Competitive Landscape
The global parenteral nutrition market is highly competitive and characterized by the presence of several key players striving to capture a significant share of the market. These companies are continuously engaged in research and development activities to introduce innovative products and gain a competitive edge. The competitive landscape is shaped by factors such as product offerings, technological advancements, pricing strategies, distribution networks, and partnerships. Market players in the parenteral nutrition industry focus on expanding their product portfolios by introducing new formulations and customized solutions to cater to specific patient needs.
Players also invest in advanced manufacturing facilities and technologies to ensure the production of high-quality parenteral nutrition products. Additionally, companies engage in strategic collaborations and partnerships with healthcare providers, hospitals, and research institutions to enhance their market reach and access a broader customer base. Another aspect of the competitive landscape is the emphasis on regulatory compliance and adherence to quality standards. Parenteral nutrition products are subject to strict regulations and guidelines to ensure patient safety and efficacy. Therefore, companies invest in research and development to meet regulatory requirements and conduct clinical studies to demonstrate the safety and effectiveness of their products. Furthermore, the competitive landscape is influenced by the focus on regional expansion and market penetration. Market players strive to establish a strong presence in different geographic regions by expanding their distribution networks, establishing partnerships with local distributors, and investing in marketing and promotional activities. This enables them to cater to the specific needs and preferences of diverse markets and gain a competitive advantage.
Parenteral Nutrition Market Top Player’s Company Profile
- B. Braun Melsungen AG
- Fresenius Kabi AG
- Sichuan Kelun Industrial Group Co Ltd
- Pfizer Inc.
- Baxter International Inc.
- Grifols SA
- Otsuka Holdings Co. Ltd (Otsuka Pharmaceutical Co., Ltd.)
- Nirma Group (Aculife Healthcare Pvt. Ltd.)
- Abbott Laboratories
- Medtronic
- Beximco Pharmaceuticals Ltd.
- Sichuan Luye Pharmaceutical Co., Ltd.
- ICU Medical, Inc.
- JW Pharmaceutical Corporation
- Servona GmbH
- Anhui Medipharm Co., Ltd.
- Nipro Corporation
- Biosyn Arzneimittel
- Terumo Corporation
- Lonza Group
Parenteral Nutrition Market Recent Developments
- In January 2023, Fresenius Kabi launched a new line of parenteral nutrition products that are designed to be more easily absorbed by the body.
- In February 2023, Baxter International announced the expansion of its production capacity for parenteral nutrition products in Europe.
- In March 2023, A study published in the journal Nutrients found that parenteral nutrition can be an effective treatment for patients with short bowel syndrome.
Parenteral Nutrition Key Market Trends
- Integration of Digital Health Technologies: Digital health technologies, such as mobile applications, connected devices, and telehealth solutions, are being integrated into parenteral nutrition therapy. These technologies enable remote monitoring, real-time data collection, and improved communication between patients, caregivers, and healthcare providers, leading to better patient management and enhanced treatment outcomes.
- Focus on Quality Control and Product Safety: With the increasing importance of patient safety, there is a growing focus on quality control and product safety in the manufacturing and administration of parenteral nutrition solutions. Companies are implementing stringent quality assurance processes, adhering to regulatory guidelines, and investing in technologies to ensure the safety and efficacy of their products.
Parenteral Nutrition Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global parenteral nutrition market analysis, factors such as the increasing prevalence of chronic diseases, an aging population, and growing awareness about the importance of clinical nutrition are driving the demand for parenteral nutrition therapies. The market is witnessing the development of innovative formulations, customized solutions, and advanced delivery systems to cater to the specific needs of patients. Home-based parenteral nutrition is gaining prominence, providing convenience and improved quality of life for patients. Integration of digital health technologies and telehealth solutions is enhancing patient monitoring and communication with healthcare providers. Quality control and product safety are paramount, leading to stringent regulatory compliance and adherence to guidelines. The market is also witnessing a focus on nutritional support in critical care settings, where early intervention is recognized as crucial. Evidence-based guidelines are being developed and adopted to standardize practices and optimize patient outcomes. Overall, the global parenteral nutrition market is characterized by continuous innovation, personalized care, and a shift towards patient-centric approaches, all aimed at improving nutritional support and patient outcomes.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 6.7 billion |
| Market size value in 2031 | USD 11.4 billion |
| Growth Rate | 6.0% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Parenteral Nutrition Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Parenteral Nutrition Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Parenteral Nutrition Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Parenteral Nutrition Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Parenteral Nutrition Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Parenteral Nutrition Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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