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Parenteral Nutrition Market Size
- Report ID: GMI3216
- Published Date: Nov 2023
- Report Format: PDF
Parenteral Nutrition Market Size
Parenteral Nutrition Market was valued at USD 5.7 billion in 2022 and is projected to grow at a CAGR of 7.1% from 2023 to 2032. The increasing prevalence of chronic diseases and gastrointestinal disorders, which often necessitate the use of parenteral nutrition, has significantly contributed to the market's expansion.
Additionally, the aging population and rising awareness about the importance of proper nutritional support have further fuelled demand for parenteral nutrition solutions. Technological advancements in healthcare and the development of innovative formulations and delivery methods have also played a pivotal role in this growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Parenteral Nutrition Market Size in 2022: | USD 5.7 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 7.1% |
| 2032 Value Projection: | USD 11.1 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 289 |
| Tables, Charts & Figures: | 444 |
| Segments covered: | Composition, Type, Consumer, End-user, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Parenteral nutrition, a component of clinical nutrition, also known as intravenous nutrition or total parenteral nutrition (TPN), is a medical technique that provides essential nutrients and fluids directly into a person's bloodstream. It is used when a patient is unable to obtain proper nutrition through oral or enteral (tube feeding) routes, often due to gastrointestinal issues, surgery, or other medical condition.
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Parenteral Nutrition Market Scope
