Oral Clinical Nutrition Market to be Influenced by the Growing Incidences of Chronic Diseases through 2028
Rising
incidence of chronic diseases, an increasing focus on patient-centric care and
the growing prevalence of malnutrition are expected to drive the growth of
Global Oral Clinical Nutrition Market in the forecast period.
According to TechSci Research report, “Oral Clinical Nutrition
Market –Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028,” the Global Oral Clinical
Nutrition Market is expected to grow during the forecast period of 2024-2028.
This can be ascribed to rising incidence of chronic
diseases, and an increasing focus on patient-centric care. Additionally,
the growing prevalence of malnutrition and related conditions such as
sarcopenia and cachexia will propel the growth of Oral Clinical Nutrition Market.
The global oral clinical nutrition market is expected to experience
significant growth in the coming years due to several factors. These include an
aging population, rising prevalence of chronic diseases, increasing awareness of
the benefits of oral clinical nutrition products, technological advancements in
product development, and growing demand for personalized nutrition.
Additionally, the COVID-19 pandemic has highlighted the importance of
maintaining good health, which has led to an increase in demand for nutritional
supplements and products that can boost immunity and improve overall health.
The market is also expected to benefit from the expansion of healthcare
infrastructure in emerging economies, as well as favorable government
initiatives and policies that support the use of nutritional supplements to
prevent and manage disease.
The global oral clinical nutrition market growth is likely to be
hampered by the increasing competition from new entrants, rising concerns about
the safety and efficacy of nutritional supplements, and regulatory changes that
could impact the market. Additionally, economic uncertainties and supply chain
disruptions caused by events such as the COVID-19 pandemic could continue to
pose challenges for manufacturers and patients alike. Companies will need to
remain innovative, flexible, and responsive to changing market conditions to
remain competitive and meet the evolving needs of patients.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Oral Clinical Nutrition Market.”
Global Oral Clinical Nutrition
Market can be segmented by
indication, by distribution channel, by region and competitive landscape.
Based on indication
the Global Oral Clinical Nutrition Market can be divided into Alzheimer’s,
Nutritional Deficiencies, Cancer Care, Chronic Kidney Disease, Dysphagia, and Others.
The Nutritional deficiencies segment is expected to dominate the global oral
clinical nutrition market because they are a common health problem that affects
a large portion of the population, especially among the elderly and those with
chronic illnesses. Nutritional deficiencies can arise due to various reasons,
including inadequate intake of essential nutrients, malabsorption, or increased
nutrient requirements due to illness or injury. Oral clinical nutrition
products, such as supplements, enteral feeds, and specialized oral nutritional
supplements, can provide the essential nutrients needed to address these
deficiencies and improve health outcomes. As such, there is a growing demand
for these products in the healthcare industry.
Global Oral
Clinical Nutrition Market is divided into Direct Sales and Indirect Sales based
on distribution channel. Direct sales are expected to dominate the market of oral
clinical nutrition because they offer several advantages over traditional
distribution channels, such as wholesalers and retailers. Direct sales allow
manufacturers to have greater control over the distribution of their products,
ensuring that they reach the intended target audience. Manufacturers can
customize their products and marketing strategies to cater to the specific
needs of different customer segments, such as elderly individuals or those with
specific medical conditions.
Major
companies operating in Global Oral Clinical Nutrition Market are:
- Abbott Laboratories, Inc.
- Pfizer, Inc.
- Bayer AG
- Nestle SA
- GlaxoSmithKline plc.
- Baxter International Inc.
- Otsuka Holdings, Co. Ltd.
- Baxter International Inc.
- Victus, Inc.
- Danone SA(Nutricia)
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“The
global oral clinical nutrition market is experiencing significant growth due to
several trends, including the increasing prevalence of chronic diseases and the
aging population. With a greater understanding of the role of nutrition in
preventing and managing chronic diseases, demand for oral clinical nutrition
products has surged. The market is also witnessing a trend towards more
specialized and customized products, as well as a greater focus on natural and
organic ingredients. However, the market faces several challenges, including
the lack of reimbursement for oral nutrition products in many countries,
complex regulatory requirements, and a lack of awareness about the benefits of
oral clinical nutrition. Despite these challenges, drivers such as the growing
importance of e-commerce and direct-to-consumer sales channels, along with the
rising demand for preventative healthcare and nutrition, are expected to fuel
continued growth in the global oral clinical nutrition market in the coming
years.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“Oral
Clinical Nutrition Market- Global Industry Size, Share, Trends, Opportunity,
and Forecast, 2018-2028, Segmented By Indication (Alzheimer’s, Nutritional
Deficiencies, Cancer Care, Chronic Kidney Disease, Dysphagia, Others), By
Distribution Channel (Direct Sales v/s Indirect Sales), Region and Competition,” has
evaluated the future growth potential of Global Oral Clinical Nutrition Market
and provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Oral Clinical Nutrition Market.
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