Albany, NY -- (SBWIRE) -- 07/12/2018 -- Parenteral nutrition market has been influenced by surging prevalence of chronic conditions worldwide. Rising incidences of cancer, diabetes, Crohn's disease, and gastrointestinal disorders have been underpinning demand for parenteral nutrition in recent years. These insights are gained from the report, titled "Parenteral Nutrition Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2023," incorporated recently in the Market Research Reports Search Engine's (MRRSE) vast repository.

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The report envisions the parenteral nutrition market to present a steady 5.4% CAGR over the forecast period 2017 to 2023. Size of the parenteral nutrition market has been estimated at over US$ 5,000 Mn in 2017. North America's dominance in the parenteral nutrition market continues to prevail, with revenues estimated to account for over two-fifth share of the market during the forecast period. Supporting insurance policies covering consumer expenditure on the parenteral nutrition, coupled with high rate of product approvals from the U.S. FDA, will continue to underpin growth of the parenteral nutrition market in North America.

The report foresees the parenteral nutrition market to record the fastest growth in Asia-Pacific, underpinned by lucrative opportunities in emerging nations such as India, China, Singapore, and Indonesia. Increasing preterm birth rates, which in turn leads to complications such as malnutrition, is one of the primary growth determinants for the parenteral nutrition market in Asia-Pacific.

Parenteral Nutrition Market: Report Summary

This report imparts a detailed analysis on prospects of the parenteral nutrition market for the forecast period, 2017 to 2023. The main objective of this report is to deliver actionable insights on lucrative opportunities in the parenteral nutrition market. Data offered in this report have been represented on the basis of value. Important factors that have potential to impact growth of the parenteral nutrition market have been elaborated in detail. Incremental opportunity analysis, pricing analysis, Y-o-Y growth, and market attractiveness index have also been rendered in the report.

With an aim to offer a better understanding on the parenteral nutrition market, the report categorizes the market on the basis of nutrient type, and region. These market segments have further been classified into several sub-segments. Insights and forecast on these market segments have been offered at country and regional level.

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Parenteral Nutrition Market: Assessment on Competitive Landscape

In its concluding section, the report offers an in-depth study on competitor landscape of the parenteral nutrition market, wherein key market participants have been profiled in detail. Intelligence on these market players, with respect to recent developments, product overview, and key financials, has been rendered to enable the report readers to devise strategic plans for gaining a competitive edge in the parenteral nutrition market.

Leading players in the parenteral nutrition market are concentrating on enhancing their product portfolio and manufacturing facilities for ensuring quality and safety of their product offerings. Strategic joint ventures are one of the key expansion efforts being taken by manufacturers of parenteral nutrition products. Key companies operating in the parenteral nutrition market, as identified by the report, include Pfizer Inc., Grifols S.A., Allergan plc. (Actavis plc.), Sichuan Kelun Pharmaceutical Co. Ltd., Fresenius SE & Co. KGaA, and Baxter International Inc.

Parenteral Nutrition Market: Research Methodology Adopted

The report based itself on a robust research approach that includes comprehensive primary and secondary research. Qualitative inputs acquired from industry experts through primary interviews have been used for validating insights and intelligence obtained from the secondary research. An intrinsic blend of these researches has been leveraged to arrive at accurate estimations on the parenteral nutrition market.

Forecast offered in the report in terms of incremental opportunity is deemed imperative for clients who seek identifying latent opportunities in the parenteral nutrition market. This report serves as an authentic source of intelligence to its readers who can make fact-based decisions and devise strategic plans for future direction of their businesses.

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