Clinical Nutrition Market Is Growing Its Value on a High Note Owing to Increasing Number of Premature Births

The Global Clinical Nutrition market is estimated to reach USD 16,087.1 million by 2022, with Asia at the Center of Growth

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Hyderabad, India -- (SBWire) -- 02/14/2018 --The report "Clinical Nutrition Market By Route Of Administration (Oral Nutrition, Enteral Nutrition And Parenteral Nutrition) By Therapeutic Areas (Malabsorption, Diarrhoea, Cancer, Food Allergies, Maldigestion, Diabetes, Short-Bowel Syndrome, Acute Lung Injury And Acute Respiratory Distress), By Ingredients Type (Vitamins, Minerals, Carbohydrates And Amino Acids)- Forecast to 2022", The Clinical Nutrition Market is expected to reach USD 16,087.1 Million by 2022 from an estimated USD 12208.3 Million in 2016, at a CAGR of 4.85%. Major drivers for clinical nutrition market are a swing towards home healthcare, increasing occurrence of chronic ailments, rising aged population and growing number of premature births. Continuous care from government supports and investments made by manufacturers are also supporting the market growth.

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By Route of Administration, the Enteral Nutrition segment accounted for the largest share of the market in 2016.

On the basis of Route of Administration, the clinical nutrition market has been segmented into Oral Nutrition, Enteral Nutrition and Parenteral Nutrition. In 2016, Enteral Nutrition is accounted for the largest share of the global Oral Nutrition market. The other segments are also consistently growing and is looking promising to increase its size in the forecast period.

By Therapeutic Areas, the Cancer segment accounted for the largest share of the market in 2016

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On the basis of Therapeutic Areas, the clinical nutrition market has been segmented into Malabsorption, Diarrhoea, Cancer, Food Allergies, Maldigestion, Diabetes, Short-Bowel Syndrome, Acute Lung Injury and Acute Respiratory Distress. In 2016, the Cancer segment dominated the global Clinical Nutrition market this is because of increasing population diagnosed with cancer, increased investments towards research in the cancer advanced treatments.

On the basis of Ingredients Type, the clinical nutrition market has been segmented into Vitamins, Minerals, Carbohydrates and Amino Acids. Severe government guidelines, lack of uniform reimbursement policies worldwide, market volatility and complexities in patient compliance are some of the factors hindering the market growth.

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Asia Pacific was the largest market for clinical nutrition in 2016, followed by Europe and North America. The main reasons for the wide range growth of this market in Asia pacific are increasing aged people, increasing patient disposable income levels and complexity in healthcare organisations.

The various players in the Genomics market include Nestle Nutrition, Abbott Laboratories Inc., Gentiva Health Services Inc., Mead Johnson & Company, Kendall, Ajinomoto Co. Inc., Hospira Inc., Hero Nutritionals Inc., Lonza Ltd, Baxter International Inc., B. Braun Melsungen AG, H. J. Heinz Company, American Home Patient Inc., and Fresenius Kabi among others.

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