Global Clinical Nutrition Market : Opportunity Analysis and Industry Forecast, 2019-2027
Market Overview:
The global clinical nutrition market was valued at $32,495.97 million in 2020, and is expected to grow at a CAGR of 6.1 percent from 2021 to 2028, to $51,128.26 million.
The enteral nutrition segment is expected to grow as a result of its broad usage in COVID 19 treatment. A clinical nutrition product is a type of medicine that helps a patient's health. By giving necessary supplements such as minerals, vitamins, and other nutrients, it aids in the improvement of the metabolic system. It is used in cardiac rehabilitation, renal dialysis, diabetes, paediatrics, nutrition support, cancer, trauma, wellness centres, and community-based intervention programmes, among other settings.
The COVID-19 pandemic is likely to have a significant impact on the clinical nutrition products market, as need for nutritional management continues to rise, particularly among youngsters and the elderly. Consumers are seeking various immunity-boosting alternatives to avoid being infected by the novel coronavirus, and demand for therapeutic nutrition products is on the rise as a result of the ongoing COVID-19 problem. Older adults and patients are at risk of malnutrition as a result of the pandemic's beginning. COVID-19 infection produced acute starvation, which resulted in a loss of muscle mass and a weakening of immune defences.
Furthermore, several medications used to treat malnutrition can worsen the effects of Covid-19, thus increasing demand for clinical nutrition. As a result, the COVID-19 pandemic has a detrimental influence on the therapeutic nutrition business.
The rise in prevalence of metabolic disorders, high healthcare spending, and the expansion of the middle class in emerging nations are all driving the worldwide clinical nutrition industry forward. Furthermore, the market is predicted to rise due to the rising number of senior people and the development of therapeutic nutrition products tailored to the needs of the aged. However, certain constraints, such as a lack of understanding about clinical medical nutrition and severe regulations, are impeding the clinical nutrition market's expansion.
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