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EMAILWIRE.COM, December 12, 2017 )
North America Clinical Nutrition market was worth $7.64 billion in 2016 and estimated to be growing at a CAGR of 5.0%, to reach $9.75 billion by 2021. North America is the third largest market for clinical nutrition products.
Clinical nutrition is an area of medicine that offers treatment of medical disorders initiated due to improper diet or due to the body’s failure to absorb nutrients accessible in a normal diet. It is the most effective way to treat malnutrition and avoid associated costs. These products are considered to be the best alternatives for the treatment of different diseases, such as kidney diseases, diabetes, cardiovascular diseases and cancer.
Clinical nutrition spends are expected to increase due to rise in aged population. At old age digestive framework becomes weak and is unable to digest all the required minerals by the body. Therefore to get adequate supplements, the assurance of the aged population towards clinical nutrition support, is developing. The restraints allied with the clinical nutrition market include stringent regulations and lack of awareness.
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The North America clinical nutrition market is segmented on the basis of product type into oral nutrition, enteral nutrition and parenteral nutrition. Based on therapeutic areas the market is bifurcated into malabsorption, diarrhoea, cancer, food allergies, maldigestion, diabetes, short-bowel syndrome, acute lung injury and acute respiratory distress. Based on ingredients the market is divided into vitamins, minerals, carbohydrates and amino acids. Enteral nutrition is the product type segment with highest share in the market.
Market Segmentation:
• By Route of Administration
Oral Nutrition
Enteral Nutrition
Parenteral Nutrition
• By Therapeutic Area
Malabsorption
Diarrhoea
Cancer
Food Allergies
Maldigestion
Diabetes
Short-Bowel Syndrome
Acute Lung Injury
Acute Respiratory Distress
• By Ingredients Type
Vitamins
Minerals
Carbohydrates
Amino Acids
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Based on geography the market is analysed under various regions namely, USA and Canada. US dominate the market in the North America region. Growing consumer awareness about proper health and wellbeing is driving the market in this region.
Scope of the report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
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Some of the key participants in clinical nutrition products market include Nestle Nutrition, Abbott Laboratories Inc., Gentiva Health Services Inc., Mead Johnson & Company, Kendall, Ajinomoto Co. Inc., Hospira Inc., Hero Nutritionals Inc., Lonza Ltd, Baxter International Inc., B. Braun Melsungen AG, H. J. Heinz Company, American Home Patient Inc., and Fresenius Kabi among others.
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