The Global Clinical Nutrition Market size was valued at USD 40.7 Bn by 2020 and is expected to reach USD 56.9 Bn by 2027, with a growing CAGR of 5.8 % during the forecast period.
Clinical nutrition includes prevention, diagnosis, and management of nutritional diets or nutritional changes in the patients associated with chronic diseases such as cancer, diabetes primarily in healthcare. Clinical nutrition focuses on maintaining healthy energy level along with providing sufficient amount of nutrients such as vitamins, proteins, essential carbohydrates, and minerals to the patients suffering from health complications.
Clinical Nutrition Market Dynamics
In 2020, around 149 million children suffering from chronic diseases were found to be diminutive, over 45 million were found to be thin for height and about 39 million were found to be overweight. Furthermore, around 50% of deaths among children due to chronic diseases were witnessed under 5 years of age that linked with malnutrition. This is mostly found in low-to-middle income countries such as Africa and Latin American countries. Africa has the highest prevalence of undernourishment. Chad country is the most affected region with an index of 45 by malnutrition and hunger. This situation gains attention of key market players for the development of clinical nutritional products in this region which leverage the growth of clinical nutrition industry.
The driving factors for the global clinical nutrition industry include rising number of malnutrition cases, growing number of premature births, and increasing chronic diseases. Moreover, increasing need for proper nutrition diet management for inpatients/outpatients, growing awareness regarding nutrition and its products, and rising number of surgical interventions leverage the demand for enteral nutrition. In addition to this, growing government support for the supply of nutritious products, ever rising geriatric population, and increasing healthcare expenditure fuels the growth of clinical nutrition industry. However, need for quality & safety standards for clinical nutrition and strict government guidelines related to nutrition supplements hinders the growth of clinical nutrition industry.
Global Clinical Nutrition Market Segmentation:
By Route of Administration
By Application
By Patient Type
By Region
Based on route of administration, oral route of administration dominated the market in 2020 and expected to maintain same dominance during the forecast period owing to provide patient compliance
Based on route of administration, clinical nutrition market is broadly segmented into oral, enteral, and parenteral. Oral route of administration dominated the market in 2020 as it provides ease of administration, simplest mode of administration, and products can be self-administered by oral route. Oral route of administration is the most common route of drug administration and less invasive procedure, also oral route is considered to be economical since it does not involve the patient in extra cost. These parameters leverage the growth of oral segment in clinical nutrition industry.
Based on application, malnutrition segment held the highest market share in 2020 and expected to increase more during forecast period due to rising number of malnutrition cases among children
Based on application, clinical nutrition market is segment into cancer, malnutrition, neurological disease, gastrointestinal disorders, and metabolic disorders. Malnutrition segment has been accounted for the largest market share in 2020 due to increasing need for proper nutrition management and rising number of immature birth rates. Moreover, growing concern related to imbalance nutrition intake and diets, rising need for proper attention to the inpatients and geriatric patients, and growing awareness about proper nutrition fuels the growth of clinical nutrition market during the forecast period.
Based on patient type, paediatric segment contributed maximum market share in 2020 due to presence of large paediatric patient pool
Based on patient type, clinical nutrition market is broadly segmented into pediatric, adult and geriatric. Pediatric segment held the largest market share in 2020 due to rise in number of paediatric underweight patients. Moreover, increasing underweight child births and awareness regarding need for nutritious diets boost the growth of clinical nutrition market during the forecast period.
However, adult segment is expected to witness the fastest growth with highest CAGR during forecast period due rise in number of geriatric patients and growing awareness about clinical nutrition.
Based on geographical region, North America accounted for highest market share in 2020 due to presence of numerous local players
Based on geographic region, North America held the largest market share in 2020 due to rise in number of chronic diseases such as cancer, diabetes, and heart attacks. Moreover, increase in government spending on healthcare, rise in public-private partnerships and increase in disposable income fuels the growth of clinical nutrition market.
In addition, rise in prevalence of metabolic disorders and ever-growing geriatric population boost the growth of industry during the forecast period. On the contrary, Asia-Pacific is expected to dominate the market during forecast period owing to increase in healthcare expenditure and rising number of undernourished cases.
Company Profiles and Competitive Intelligence
The key players operating in the Clinical Nutrition market are:
The report also provides an in-depth analysis of clinical nutrition market dynamics such as drivers, restraints, opportunities, and challenges
Drivers
Restraints
Opportunity
Challenges
COVID-19 Impact on the Clinical Nutrition Market Analysis
Covid-19 has highly affected the industries in terms of growth, economy, health, and mental wellbeing of every individual. In this challenging situation, every industry is trying to give the best services in terms of quality and safety. Covid-19 has effectively impacted the growth of clinical nutrition industry. Viral infection combats the immune system of the body and attack immunity system of the body. According to the survey, diet has a keen effect on individual’s immunity system and lack of nutrition enhances diseases susceptibility. This led to increase in demand and awareness about essential nutrients required sustain in the pandemic situation.
Covid-19 infection has prominent effect on appetite and other symptoms such as anosmia, dysgeusia which increases the risk of diseases-related malnutrition cases. Moreover, covid-19 infection would lead to increase in loss of muscle mass and deterioration of immune system. These situations tend to leverage the demand for the clinical nutrition industry. For instance, there was increase in rate of consumption and prescriptions of vitamin C supplements that helped to build up immunity of the body. In addition to this, there was increase in manufacturing and supply of clinical nutrients during pandemic.
The report also provides an in-depth analysis of key trends in clinical nutrition market
The report also provides an in-depth analysis of recent news developments and investments
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