The global parenteral nutrition market size reached US$ 7.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 12.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.9% during 2024-2032.

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Market Trends:

The global parenteral nutrition market is majorly driven by a rising incidence of chronic conditions that impair oral nutrient absorption, such as Crohn's disease, cancer, and ischemic bowel disease. Along with this, technological advancements in the formulation and administration of parenteral nutrition enhance patient safety and efficacy of treatment, which, in turn, provides a boost to the market. In addition, the escalating number of preterm births requiring immediate and specialized nutritional support is favoring the market.

Moreover, the ongoing research and development of new parenteral formulations aim to reduce the risk of infection and improve patient outcomes, fostering market expansion. Apart from this, the rise in healthcare expenditures and the development of home healthcare services are also contributing to the increased demand for parenteral nutrition, offering patients the convenience of at-home treatment. Furthermore, the emergence of multi-chamber bags, which simplify the mixing and administration process, is creating a positive market outlook.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Aculife Healthcare Private Limited

Braun Melsungen AG

Baxter International Inc.

Fresenius SE & Co. KGaA

Grifols S.A.

Otsuka Pharmaceutical Factory Inc.

Pfizer Inc.

Servona GmbH

Parenteral Nutrition Market Segmentation:

Our report has categorized the market based on region, nutrient type and end use.

Breakup by Nutrient Type:

Carbohydrates

Lipid Emulsion

Single Dose Amino Acid Solution

Trace Elements

Vitamins and Minerals

Breakup by End User:

Hospitals

Clinics

Others

Breakup by Region:

North America (United States, Canada)

Europe (Germany, France, United Kingdom, Italy, Spain, Others)

Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

Market Performance (2018-2023)

Market Outlook (2024-2032)

Porter’s Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

Value Chain

Comprehensive Mapping of the Competitive Landscape