Global Parenteral Nutrition
Market Report
2024
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to cognitive market research, the global parenteral nutrition market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Market Size | 121212 |
Country Market Size | 121212 |
North Americ Market Size | 121212 |
Europe Market Size | 121212 |
Asia Pacific Market Size | 121212 |
South America Market Size | 121212 |
Middle East and Africa Market Size | 121212 |
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Market Restrains:
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Market Trends:
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Market Split by Nutrient Type |
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Market Split by Stage Type |
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Market Split by Indication |
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Market Split by Sales Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Parenteral Nutrition Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Parenteral nutrition is the intravenous administration of nutrition for patients who are not able to eat orally. This type of nourishment avoids the gastrointestinal tract's regular digesting process. Along with vitamins and other trace elements, the nutrition kinds include carbs, proteins, fats, minerals, and electrolytes. Parenteral nutrition is essential for the sick because it keeps them well-hydrated, highly energetic, and nutritionally stable.
Parenteral nutrition (PN), often known as intravenous feeding, provides liquid nutrients, including proteins, lipids, carbs, vitamins, and minerals. It is a component of specialized nutritional treatment that gives patients who are unable to use their gastrointestinal tract nutritional supplementation. It helps to keep one hydrated, strong, and full of energy while also avoiding malnutrition. Because of this, patients with cancer, Crohn's disease, short bowel syndrome, ischemic bowel disease, and aberrant bowel function frequently use it.
The parenteral nutrition market is significantly driven by the increased prevalence of chronic illnesses, including neurological diseases, gastrointestinal disorders, and cancer. Parenteral nutrition (PN) is frequently necessary for patients with illnesses like Crohn's disease or small bowel syndrome to satisfy their nutritional demands. Parenteral nutrition is used to guarantee enough nutrition and help patient recovery in conditions including cancer, Crohn's disease, and short bowel syndrome. Patients with severe illnesses may have difficulties meeting their nutritional demands by oral or enteral feeding alone, thus parenteral food is utilized to provide essential nutrients, vitamins, minerals, and calories intravenously.
• For instance, Noncommunicable diseases (NCDs) also known as chronic diseases kill 41 million people each year, equivalent to 74% of all deaths globally. Each year, 17 million people die from an NCD before age 70; 86% of these premature deaths occur in low- and middle-income countries
(Source:https://www.who.int/news-room/fact-sheets/detail/noncommunicable-diseases .)
Demand for personalized treatment is growing, and with it comes the need for customized parenteral nourishment formulas based on the needs of each patient. IV preparations that are batch- and patient-specific and ready to use are made possible by the aseptic compounding procedure. Parenteral nutrition market growth is driven by rising healthcare spending and an increasing emphasis on cutting-edge medical procedures. Large investments from businesses such as Bayer and Baxter Healthcare are anticipated to propel the market's growth. This tendency is evident in the investments made by Bayer in a new production facility and Baxter Healthcare in a state-of-the-art aseptic compounding plant in Dublin, both of which have aided in the market expansion for parenteral nutrition.
• For instance, Protara Therapeutics' plan to start a registrational trial to support FDA approval of IV Choline Chloride for PN patients in the first half of 2025 underscores the shift towards personalized medicine and drives Parenteral Nutrition Market growth.
The production, preparation, and administration of sterile parenteral nutrition solutions need specialized equipment and stringent quality control protocols, hence increasing manufacturing expenses. The cost is further elevated by the want for trained medical staff to oversee the administration and monitor individuals undergoing parenteral feeding. As a result, parenteral nutrition therapy may be costly for both individuals and healthcare systems. Parenteral feeding may be excessively costly for certain patient populations, particularly in places where access to healthcare and insurance is limited. Economical solutions are needed to reduce costs, boost cost-effectiveness, and look into alternatives to lessen the financial constraints associated with parenteral nutrition therapy and expand its accessibility in the healthcare industry.
• For instance, the initial costs were on average $916.64 per patient, while the follow-up clinic appointments required $361.63 a month, with these costs continuing to decline as the equipment was used by multiple patients more frequently over time.
(Source:https://www.researchgate.net/publication/266029395_Costs_of_Multidisciplinary_Parenteral_Nutrition_Care_Provided_at_a_Distance_via_Mobile_Tablets )
The market for parenteral feeding was positively influenced by the COVID-19 epidemic. Worldwide, parenteral nutrition is a key component of the treatment of malnutrition associated with COVID-19 infections. A 2020 guideline about the nutritional therapy of SARS-CoV-2 infected individuals was produced by the European Society for Clinical Nutrition and Metabolism. The need for parenteral nutrition in European nations increased as a result of these guidelines, which claimed that individuals with COVID-19 had an urgent need for feeding to strengthen their immunity. Along with other symptoms, the COVID-19 infection caused a significant lack of appetite, which exacerbated muscle loss and compromised immunological function. As a result, hospitals and clinics started concentrating more on offering nourishment at the point of treatment. Patients' desire for and use of intravenous nourishment delivery rose as a result of these improvements. As a result, market growth was significantly impacted by the COVID-19 epidemic.
(Source:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7138149/ )
Innovative formulations have made significant progress, opening up a significant market for parenteral nutrition. With careful attention to detail, these breakthroughs bring in a new age of nutritional solutions that are perfectly designed to meet the particular demands and medical circumstances of each patient. This level of personalization improves patient outcomes and happiness in addition to increasing the effectiveness of parenteral feeding. Formulation innovations enable the market to fully meet the unique nutritional needs of a variety of patient populations, from newborns and the elderly to those with certain medical conditions. The emergence of lipid-based emulsions with improved stability and bioavailability, for example, is changing the face of intravenous nourishment, especially for the treatment of preterm newborns.
• For instance, In December 2022, Baxter International Inc. introduced the ExactMix Pro Automated Compounder in the US. The product debuted at the beginning of 2023. The recently released product makes use of cutting-edge compounding technology to enhance patient safety, process effectiveness, and formulation accuracy.
(Source:https://www.baxter.com/baxter-newsroom/baxter-introduces-exactamix-pro-next-generation-automated-nutrition-compounder-0 )
• For instance, on November 23, 2023, Bayer inaugurated a new production facility for innovative parenteral products, investing 130 million EUR. The facility, part of a billion-dollar investment program, features state-of-the-art technology, including a robot-controlled, aseptic filling system, to expedite the translation of medication from concept to market.
(Source:https://www.bayer.com/media/en-us/bayer-invests-130-million-eur-in-new-production-facility-for-innovative-parenteral-products/ )
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https://ir.protaratx.com/news-releases/news-release-details/protara-therapeutics-announces-alignment-fda-registrational-path |
The pharmaceutical industry's recent advancements have the potential to greatly propel market expansion. A significant unmet need is addressed by Protara Therapeutics' cooperation with the FDA on an IV choline chloride registrational approach, expanding its use to encompass PN patients. To become the first FDA-approved IV choline therapy for PN patients in the United States, this action is expected to propel the parenteral nutrition market and might significantly alter the course of treatment for almost 40,000 patients. Comparably, Bayer's investment in a new production facility bolsters its innovation capabilities and worldwide pharmaceutical production networks, driving market expansion. Baxter's investment in a state-of-the-art aseptic compounding plant supports at-home patient care and improves supply resilience in line with the HSE's carbon reduction objectives. These advancements assist patients and the industry by meeting important demands, increasing manufacturing capacity, and encouraging innovation. As a result, the parenteral nutrition market is growing.
Top Companies Market Share in Parenteral Nutrition Industry: (In no particular order of Rank)
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North America is expected to have a big share, and most people think that in the coming years, the United States will rule the area. Throughout the course of the forecast period, the parenteral nutrition market in the United States is anticipated to expand at a CAGR of xx%. This is explained by the nation's increasingly aging population, technology developments, and well-suited legal systems. In addition, several industry participants are creating strategies to strengthen their position in the US market. The number of Canadians who suffer from malnutrition and need enteral nutrition assistance is expected to rise, which will drive a large growth in the parenteral nutrition industry. Furthermore, the growing number of programs aimed at reducing the nation's rate of malnutrition promotes market expansion. For example, the Canadian government formed the Canadian Malnutrition Task Force, which hosts many conferences and disseminates information about malnutrition throughout the nation.
The parenteral nutrition market in Asia Pacific is anticipated to register the fastest CAGR during the forecast period. Some of the factors anticipated to propel the growth of the Asia Pacific regional market are the increasing incidence of chronic diseases brought on by bad eating habits and the growing desire for affordable therapies. Additionally, the region's growing population, low nutrition knowledge, and poverty are all contributing to malnutrition, which is what's driving the need for PN in the area. Over the projected period, a large growth in the parenteral nutrition market in Japan is anticipated. This is explained by the nation's fast-growing elderly population. As per the data released by the World Economic Forum in September 2023, over 10% of the population in the nation was over 80 years old, and around 36.23 million individuals, or roughly 1/3 of the total population, were above 65 years old. Growth in the domestic market is anticipated as a result of this aging population.
The current report Scope analyzes Parenteral Nutrition Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Parenteral Nutrition Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Parenteral Nutrition Industry growth. Parenteral Nutrition market has been segmented with the help of its Nutrient Type, Stage Type Indication, and others. Parenteral Nutrition market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on the nutrient the market is segmented into single-dose amino acid solution, parenteral liquid emulsion, carbohydrates, trace elements, and vitamins and minerals The single-dose amino acid solution segment accounted for the largest market share of xx% in 2024. This may be explained by the growing use of amino acid solutions, which may be connected to an increase in the number of solutions that have been approved by regulators. Furthermore, the advantages to patients are increased since recently developed amino acid solutions have fewer adverse effects. A couple of single-dose amino acid solutions on the market include Aminosyn (by Hospira, Inc.) and Nirmin (by Nirlife Pharma). Combinations of amino acids yield both necessary and non-essential amino acids; hence, the standard component serves as a complete PN for all aspects of biological activity.
• For instance, In November 2020, Otsuka Pharmaceutical Factory launched ENEFLUID injection, a peripheral PN solution that combines fat and water-soluble vitamins with electrolytes, glucose, and amino acids in a dual-chamber bag. This launch aimed to reduce the burden on healthcare settings by providing a comprehensive and convenient nutritional solution.
(Source:https://www.otsukakj.jp/en/news_release/20201126.html )
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Parenteral Nutrition Industry. Request a Free Sample PDF!
Based on the stage type the market is segmented into infants, children, and adults The adult segment held the largest market share of xx% in 2024. This can be attributed to the large proportion of adults in the population, which has raised the prevalence of long-term conditions including diabetes, cancer, sarcopenia, and Alzheimer's disease. The World Health Organisation projects that the number of adults over 60 will rise from 1 billion in 2020 to 1.4 billion in 2030. Since many patients utilize these formulas because they are unable to naturally swallow food and nutrients, this is anticipated to propel market expansion. Moreover, a major factor in the growth of the industry is the rising use of PN by expectant mothers. Preterm delivery, low birth weight, congenital abnormalities, intrauterine growth restriction, and perinatal death are all linked to severe malnutrition in pregnant women.
(Source:https://brainly.in/question/59754701#:~:text=By%202030%2C%20I%20in%206,older%20will%20be%202.1%20billion. )
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Based on the indication the market is segmented into cancer, critical care, neurological disorders, and gastrointestinal diseases. The cancer segment dominated the market with a share of xx% in 2024. Parenteral nutrition plays a critical role in meeting the nutritional demands of cancer patients, especially in the fight against malnutrition, which has a substantial negative influence on the patient's quality of life and chances of survival. Up to 20% of cancer patients are thought to die from the consequences of malnutrition rather than the disease itself, which highlights the increasing need for PN among these patients. Furthermore, PN boosts immunity, maintains weight and muscle mass, promotes tissue healing, and increases resistance to cancer therapies. Throughout the projection period, this is anticipated to fuel category expansion.
https://www.espen.org/files/ESPEN-Guidelines/ESPEN-practical-guideline-clinical-nutrition-in-cancer.pdf
• For instance, according to the American Cancer Society, 1.9 million new cancer cases and 609,360 cancer deaths were estimated in the U.S. in 2022.
(Source:https://www.cancer.org/research/cancer-facts-statistics/all-cancer-facts-figures/cancer-facts-figures-2022.html#:~:text=Estimated%20numbers%20of%20new%20cancer,factors%2C%20early%20detection%2C%20and%20treatment )
Based on the sales channel the market is segmented into online sales, retail sales, institutional sales. The institutional sales channel segment dominated the market with a share of xx% in 2024, due to the population's rising rate of chronic illnesses and the expansion of both public and private healthcare facilities. Furthermore, PN is frequently provided in settings for specialized care under the supervision of medical specialists, which supports the segment's growth. These institutions are equipped with skilled medical personnel, a well-established infrastructure, and the ability to manage intravenous treatments efficiently. The institutional sector is the recommended route for the administration and acquisition of parenteral nutrition products because it may offer complete care, economies of scale, and bulk purchasing benefits.
Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over three years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies.
In her current role, Manjiri handles the market research related to Pharma and healthcare industry. Her passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.Manjiri remains an invaluable asset in the dynamic landscape of market research.
Parenteral nutrition is the intravenous administration of nutrition for patients who are not able to eat orally. Parenteral nutrition market growth is driven by rising healthcare spending and an increasing emphasis on cutting-edge medical procedures. Large investments from businesses. Formulation innovations enable the market to fully meet the unique nutritional needs of a variety of patient populations, from newborns and the elderly to those with certain medical conditions. Combinations of amino acids yield both necessary and non-essential amino acids; hence, the standard component serves as a complete PN for all aspects of biological activity.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
• April 5, 2024, Protara Therapeutics, Inc. aligns with the U.S. Food and Drug Administration (FDA) on a registration path for IV Choline Chloride, a phospholipid substrate replacement. Originally targeted for intestinal failure-associated liver disease (IFALD), it now broadens to include parenteral nutrition (PN) patients, unable to synthesize choline.
(Source:https://ir.protaratx.com/node/11036/pdf )
• In February 2022, the Pharmasyntez group of companies, a healthcare company, invested in the construction of the plant to launch the parenteral (intravenous) nutrition department in Primorye, Russia.
• In May 2022, Fresenius Kabi completed the acquisition of Ivenix, Inc., creating an industry-leading infusion therapy offering in the U.S. This acquisition developed a comprehensive and leading setup of premium infusion therapy products for the benefit of patients, customers, and stakeholders. Thus, expanding the various types of parenteral products of the company.
(Source:https://www.fresenius-kabi.com/news/fresenius-kabi-completes-acquisition-of-ivenix-inc )
• In November 2022, the Indian Society for Parenteral and Enteral Nutrition (ISPEN) officially endorsed the web-based application called iNutrimon. This application is designed to assist healthcare professionals in delivering optimal nutrition to patients who are in the process of recovery within healthcare facilities.
(Source:https://bwwellbeingworld.com/article/inutrimon-gets-endorsed-by-ispen-in-nutrition-delivery-process-456222 )
• In February 2021, Sichuan Kelun Pharmaceutical Co. Ltd. announced plans to invest approximately USD 53 million to build a new parenteral nutrition production facility in China. The facility is expected to have an annual production capacity of 1,000 tons.
(Source:https://www.reuters.com/article/business/healthcare-pharmaceuticals/sichuan-kelun-pharma-gets-approval-to-issue-2-bln-yuan-commercial-paper-idUSL4N16J2PH/ )
Disclaimer:
Nutrient Type | Single Dose Amino Acid Solution, Parenteral Liquid Emulsion, Carbohydrates, Trace Elements, Vitamins and Minerals |
Stage Type | Infants, Children, Adults |
Indication | Cancer, Critical Care, Neurological Disorder, Gastrointestinal Diseases |
Sales Channel | Online Sales, Retail Sales, Institutional Sales |
List of Competitors | Baxter International, Hospira, B. Braun Melsungen, Grifols International, Fresenius Kabi, Otsuka Pharmaceutical Factory, Actavis, Sichuan Kelun Pharmaceutical, ICU Medical, Aguettant, Allergan |
This chapter will help you gain GLOBAL Market Analysis of Parenteral Nutrition. Further deep in this chapter, you will be able to review Global Parenteral Nutrition Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Nutrient Type Analysis 2019 -2031, will provide market size split by Nutrient Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Nutrient Type Analysis 2019 -2031
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Chapter 11 Market Split by Stage Type Analysis 2019 -2031
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Chapter 12 Market Split by Indication Analysis 2019 -2031
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Chapter 13 Market Split by Sales Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Parenteral Nutrition market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Single Dose Amino Acid Solution have a significant impact on Parenteral Nutrition market? |
What are the key factors affecting the Single Dose Amino Acid Solution and Parenteral Liquid Emulsion of Parenteral Nutrition Market? |
What is the CAGR/Growth Rate of Infants during the forecast period? |
By type, which segment accounted for largest share of the global Parenteral Nutrition Market? |
Which region is expected to dominate the global Parenteral Nutrition Market within the forecast period? |
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