Clinical
Nutrition Global Market – Competitive Landscape:
Widely expanded Clinical Nutrition market is
fiercely competitive with several major and small players operating
internationally & regionally. These players are competing based upon
portfolio, product differentiation, & pricing. The competitive
strength of these players is largely dependent on, product pricing, product
precision product reliability and versatility. The market is likely to witness
intensifying competition owing to the expected improvement in line of products,
services & innovations.
Clinical Nutrition Market Overview:
Some of the leaders driving the Global Clinical
Nutrition Market include Baxter International Inc., B. Braun Melsungen
AG, Abbott Laboratories, Mead Johnson Nutrition Company, Nestlé S.A,
Groupe, Danone, Fresenius Kabi, Perrigo Company Plc.and Hospira Inc. are some
of the prominent players at the forefront of competition in the Global Clinical
Nutrition Market and are profiled in MRFR Analysis. Profiling those in its
analysis MRFR finds out their strategies that place them at the forefront of
completion.
Diabetes is prevailing worldwide becoming a
paramount concern. Despite the improvement in medications & healthcare;
Diabetes is spreading like a wild fire in developed and developing countries
alike. So are spreading the other deadly diseases like cancer, kidney disorders
and cardiovascular diseases etc. Growing population and inappropriate practices
is disturbing the ecological balance presenting disorders associated with the
lifestyle etc. Accident rate is increasing rapidly with alarming digits. These
factors presage towards the demand for Clinical Nutrition needed during the
recovery. This ultimately suggests the increasing traction the market of
Clinical Nutrition is about to perceive.
Gauging & evaluating the potential of this
market to grow further in the years to come; Market Research Future has published
a study report recently, in which MRFR asserts that the global Clinical
Nutrition Market will perceive splendid accruals by 2021 registering a
phenomenal CAGR during the forecast (2016 – 2021).
Clinical Nutrition Market –
Synopsis:
Clinical Nutrition basically refers to the
therapeutic composition specifically developed to suffice a patient’s
nutritional requirement of the patient. These compositions are prescribed by
the physicians for patients to provide with special nutrient required to manage
a disease & special health condition. Clinical Nutrition is given during
the treatments of chronic diseases like diabetes, cancer, COPD (chronic
obstructive pulmonary disease), immune system disorders, gastrointestinal
disorders & many more. Intake of Clinical nutrition products has proven to
be effective to gain the fast recovery.
Owing to the burgeoning Healthcare Sector, the Global
CLINICAL
NUTRITION MARKET is growing with
the rapid pace. Similarly, other factors fostering the market growth include,
increasing awareness towards the advantages that medicated foods and beverages
offer, need for the additional nutrients, adoption of inappropriate
life style like alcoholism, smoking, extended working hours coupled with the
reliance on fast-food which further results into lack of adequate nutrients.
Additionally, augmented acceptance and adoption of infant and child nutrition
in developing countries attributing to the heady life style is contributing to
the market growth.
On the other hand, high price associated with these
foods, unfavourable reimbursement policies implemented by the governments in
various countries, stringent FDA regularities and the market volatility of market
is restricting the market growth. Furthermore, other ample of low cost
counterfeit products floating in the market are presenting challenges to the
good quality brands disturbing their sales eventually affecting the market
growth.
A lot of head storming has been pondered finding if
multivitamins can actually protect encountering diseases. Experts conducting
various analyses on efficacies of multivitamins have confirmed that it may
slightly reduce the risk of cancer but they can’t restrict heart disease.
These experts are also suggested the focus to be on diet instead of
supplements. Leverage to this, almost 50% of Americans have already included
multivitamins in their diet in order to prevent common illnesses. However,
there is no proof about the efficacy.
Physicians at the Harvard
leading the Health PHS II (Study) have recently proved that intake of
multivitamins may slightly lower the risk of being diagnosed with cancer.
However, the focus should be on diet & not on supplement. The studies of
taking vitamins to prevent disease have been largely disappointing. It does not
appear that a multivitamin can replace a healthy diet high in fruits and
vegetables.
Innovation/Industry/Related News:
January 31, 2018 - Filament BioSolutions, Inc.
(North America), a leading clinical nutrition therapeutics company announced
its partnership with the University of Ottawa and Children’s Hospital (as a
corporate partner) for to study the clinical application of microbiome-based precision
nutrition in inflammatory bowel disease (IBD). The research project valuing a
USD 7.4M is funded by Genome Canada and the Canadian Institutes of Health
Research (CIHR).
Worldwide
Clinical Nutrition Market – Segmentations:
For the convenience of the
report and enhanced understanding; the report is segmented in to 3 key
dynamics:-
By Product: Comprises
Enteral Nutrition, Infant nutrition, Parenteral Nutrition among
other.
By End User: Adult, Infants
& Geriatrics and other.
By Region: North America, APAC,
Europe, and Rest of the World.
Worldwide
Clinical Nutrition Market – Geographical Analysis:
Asia-Pacific accounts for
the largest market share. The region is estimated to perceive a rapid growth
during the anticipated period. Increasing geriatric population is
expected to propel the regional market growth.
Europe and North America account for the 2nd
& 3rd largest markets with a substantial market share.
The market share of North America is projected to
dip slightly whereas; Europe market is expected to gain momentum by 2020.
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