Clinical Nutrition Market Size to Reach USD 55,250.30 Million by 2026 at a CAGR Of 5.3% - Valuates Reports
BANGALORE, India, April 8, 2021 /PRNewswire/ -- The Clinical Nutrition Market is segmented by Route of Administration (Oral, Enteral, and Parenteral), Application (Cancer, Neurological Diseases, Gastrointestinal Disorders, Metabolic Disorders, and Others), and End User (Pediatric, Adults, and Geriatric). This report covers Global Opportunity Analysis and Industry Forecast from 2019 to 2026. This report is published on Valuates Reports in the Nutrition Category.
The Clinical Nutrition Market size valued at USD 31,357.80 Million in 2018 and is expected to reach USD 55,250.30 Million by 2026, registering a CAGR of 5.3% from 2019 to 2026
Major factors driving the growth of clinical nutrition market size are:
- Increase in prevalence of chronic disorders and rise in the number of patients using the advanced clinical nutritional product.
- Rise in R&D investments by the government in healthcare.
- Growing worry of malnutrition in pediatric patients is a major driver for the growth of the clinical nutrition market for the pediatric segment.
Inquire For Sample: https://reports.valuates.com/request/sample/ALLI-Manu-1E38/Clinical_Nu ...
TRENDS INFLUENCING THE CLINICAL NUTRITION MARKET SIZE
The rise in the prevalence of chronic diseases such as diabetes and cancer is expected to drive the growth of clinical nutrition market size. Clinical nutrition helps deliver essential nutrients such as minerals, proteins, and vitamins to the patients suffering from the chronic disorder and plays a major role in their recovery.
Several government programs have been regulated in developing countries to reduce childhood malnutrition. There is also a robust requirement for milk-based infant nutrition formulae and the prominent presence of a malnourished child population in the developing countries of Asia-Pacific and Africa. Thus the emergence of favorable reimbursement policies in these countries is another factor expected to drive the growth of clinical nutrition market size.
Furthermore, clinical nutrition also plays a major role in a variety of acute care settings, including cardiac rehabilitation, renal dialysis, diabetes, pediatrics, nutrition support, cancer, trauma, and wellness center-based intervention services. This, in turn, is expected to provide lucrative growth opportunities for the market players.