Medical Nutrition Market To Quadruples With 9.2 % CAGR By 2023

Posted by Apeksha on July 16th, 2021

Medical (Clinical) Nutrition Market Research Analysis by Type (Pediatric Nutrition, Parenteral Nutrition, Elderly Nutrition and Sport Nutrition), by Product Type (Amino Acid Solution, Multiple Vitamins and Antioxidants, Lipid Emulsion, Trace Elements and Chamber Bags), by Route of Administration (Parenteral and Oral), by Application (Pediatric Malnutrition, Gastrointestinal Diseases, Renal Failure, Cancer, Pulmonary Diseases, Diabetes and Neurological Diseases), by Distribution Channel (Hospitals, Compounding Pharmacy, Retail Pharmacy and E-Commerce Websites) - Global Forecast till 2027

Global Medical Nutrition Market – Synopsis

Medical Nutrition is a therapeutic composition developed to fulfil the nutritional requirement of a patient. They are administered during the treatments of diseases like diabetes, cancer, COPD (chronic obstructive pulmonary disease), immune system disorders, and gastrointestinal disorders, among others. Physicians specifically prescribe these nutrition when a patient is under the physician's ongoing care and needs special nutrient in order to manage a disease or health condition.

Global Medical Nutrition Market – Geographical Analysis

Globally, North America accounts for the largest market for Medical Nutrition, followed by Europe and Asia Pacific respectively. Increasing prevalence of chronic diseases coupled with the presence of increasing health conscious populace in the region, drives the market growth. Owing to the growing number of sport injuries, the region is estimated to account for 40% of market share during the forecast period.

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Akash Anand

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