Parenteral Nutrition Market Set to Surge by 2032: Key Drivers & Forecasts
The global parenteral
nutrition market is poised for substantial growth by 2032, driven by a
combination of increasing prevalence of chronic diseases, advancements in
healthcare infrastructure, and the rising demand for specialized nutritional
support. Parenteral nutrition, the intravenous administration of nutrients, has
become an essential treatment method for patients who cannot meet their
nutritional needs through oral or enteral routes due to medical conditions or
surgeries.
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Market Size and Forecast
The parenteral nutrition market size was valued at USD
7361.5 Million in 2024 to USD 13260.73 Million by 2032, growing at a CAGR of
7.6% during the forecast period (2025-2032), bolstered by rising
hospitalization rates, an aging global population, and increasing awareness of
clinical nutrition. Market growth is particularly strong in regions with
expanding healthcare access, such as Asia-Pacific and Latin America, while
North America and Europe continue to lead in terms of technological innovation
and adoption.
Market Segmentation
The parenteral nutrition market is broadly segmented by
nutrient type, end-user, and region.
By Nutrient Type: The market includes amino acids,
lipids, carbohydrates, vitamins and minerals, and others. Among these, amino
acid solutions hold a significant share due to their crucial role in protein
synthesis and metabolic support for critically ill patients.
By End User: Hospitals account for the largest
segment, given their capacity to administer complex intravenous nutrition under
close medical supervision. Home care settings are witnessing rapid growth,
supported by developments in infusion technology and a preference for
patient-centric care.
By Region: North America continues to dominate the
market, driven by robust healthcare infrastructure, a high burden of chronic
diseases, and greater healthcare expenditure. Europe follows closely, while
Asia-Pacific is emerging as the fastest-growing region due to improving medical
facilities and rising healthcare awareness.
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Key Drivers
Several factors are propelling the growth of the parenteral
nutrition market:
1. Rising Incidence of Malnutrition and Chronic Illnesses:
An increasing number of patients suffering from cancer, gastrointestinal
disorders, and other chronic conditions often require parenteral nutrition due
to impaired nutrient absorption or digestion.
2. Advancements in Parenteral Formulations:
Innovations in lipid emulsions, micronutrient combinations, and customized
nutrition therapies have improved the safety and effectiveness of parenteral
nutrition, encouraging broader adoption.
3. Growth in Preterm Birth Rates: Neonatal intensive
care units (NICUs) heavily rely on parenteral nutrition to support preterm
infants who are unable to feed orally, contributing to market demand.
4. Expansion of
Home Healthcare: The trend toward home-based care, supported by
portable infusion devices and remote monitoring, is expanding the application
of parenteral nutrition beyond hospitals.
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Challenges and Restraints
Despite promising growth, the market faces several
challenges:
Risk of Infections and Complications: Parenteral
nutrition, particularly long-term use, carries risks such as catheter-related
bloodstream infections and metabolic disturbances, which can limit its use.
High Cost of Treatment: The cost of parenteral
nutrition therapy, including formulation, delivery systems, and monitoring, can
be a barrier in low- and middle-income regions.
Stringent Regulatory Requirements: Manufacturers must
adhere to strict regulatory guidelines for the formulation, storage, and
administration of parenteral nutrition products, which can slow down product
launches and innovation.
Competitive Landscape
The market is characterized by the presence of established
pharmaceutical and nutrition companies, along with emerging players focused on
specialized formulations. Key industry participants continue to invest in
research and development, strategic collaborations, and geographic expansion to
strengthen their market position. Mergers and acquisitions are also prevalent
as companies seek to broaden their product portfolios and gain access to new
markets.
Top Players in Parenteral Nutrition Market
1.
B. Braun Melsungen AG
2.
Fresenius Kabi AG
3.
Sichuan Kelun Industrial Group Co Ltd
4.
Pfizer Inc.
5.
Baxter International Inc.
6.
Grifols SA
7.
Otsuka Holdings Co. Ltd (Otsuka Pharmaceutical
Co., Ltd.)
8.
Nirma Group (Aculife Healthcare Pvt. Ltd.)
9.
Abbott Laboratories
10.
Medtronic
11.
Beximco Pharmaceuticals Ltd.
12.
Sichuan Luye Pharmaceutical Co., Ltd.
13.
ICU Medical, Inc.
14.
JW Pharmaceutical Corporation
15.
Servona GmbH
16.
Anhui Medipharm Co., Ltd.
17.
Nipro Corporation
18.
Biosyn Arzneimittel
19.
Terumo Corporation
20.
Lonza Group
Future Outlook
The outlook for the parenteral nutrition market through 2032
remains optimistic. With continuous improvements in clinical nutrition, rising
demand for patient-centric care, and supportive government policies promoting
better healthcare access, the market is expected to expand steadily.
Personalized nutrition strategies, enhanced safety profiles, and digital health
integration will further shape the future of parenteral nutrition therapy
across various patient populations.
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