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Parenteral Nutrition Market to Reach $7.3 Billion by 2024: Grand View Research, Inc. | ||
By: PR Newswire Association LLC. - 30 May 2016 | Back to overview list |
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SAN FRANCISCO, May 30, 2016 /PRNewswire/ -- The global parenteral nutrition market is expected to reach USD 7.3 billion by 2024, according to a new report by Grand View Research, Inc. The increasing natality rate, the growing malnutrition coupled with the prevalence of chronic conditions such as cancer and gastro-intestinal tract diseases are expected to boost the market over the forecast period. (Logo: http://photos.prnewswire.com/prnh/20150105/723757 ) The presence of malnourished children in the developing countries leading to the rise in the natality rate and the rising geriatric population suffering from a deficiency of essential nutrients are some of the major factors that are expected to fuel the global parenteral nutrition market. According to the WHO around 40.0% patients across the world were malnourished in 2010. The study also indicated that about one-third of the patients in Europe were malnourished in 2012, thereby fueling industry growth. According to the statistics provided by the World Bank Group, India had the highest natality rate followed by China in 2012. Moreover, a consistent increase in the rate of natality was observed in the European countries such as the U.K. and France. Therefore, Asia Pacific and Europe are expected to witness the fastest growth over the forecast. North America is expected to witness lucrative growth due to the increase in consumer awareness paired with the increasing healthcare costs. As parenteral nutrition products are available in the home health care sector, it further facilitates the market growth due to the increasing trend in home health care. The increasing incidence of heart diseases is another vital driver. According to the WHO around 49.0% of the American population is endangered with the risk of cardiac arrest. Browse full research report with TOC on "Parenteral Nutrition Market Analysis, By Nutrition Type (Carbohydrates, Parenteral Lipid Emulsion, Single Dose Amino Acid Solution, Trace Elements, Vitamins and Minerals) And Segment Forecasts To 2024" at: http://www.grandviewresearch.com/industry-analysis/parenteral-nutrition-market Further key findings from the study suggest:
Grand View Research has segmented parenteral nutrition market on the basis of type of nutrition and region
Browse related reports by Grand View Research:
About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Read Our Blogs - legalworkshop.org, grandviewresearch.com/blogs/healthcare Contact: SOURCE Grand View Research, Inc. |
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Copyright 2016 PR Newswire Association LLC. | Back to overview list |