North America Parenteral Nutrition Market Size & Outlook
North America parenteral nutrition market, 2018-2030 (US$M)
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North America parenteral nutrition market highlights
- The North America parenteral nutrition market generated a revenue of USD 2,948.7 million in 2023.
- The market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, oral was the largest revenue generating product in 2023.
- Oral is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,948.7 million |
| Market revenue in 2030 | USD 4,412.1 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Oral |
| Fastest growing segment | Oral |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oral, Enteral |
| Key market players worldwide | Baxter International Inc, Allergan, Teva Pharmaceutical Industries Ltd, Otsuka Pharmaceutical, Grifols SA Ordinary Shares - Class A, B. Braun, CSL Ltd, Fresenius SE & Co KGaA, Pfizer Inc, Sichuan Kelun Pharmaceutical |
Other key industry trends
- In terms of revenue, North America region accounted for 41.5% of the global parenteral nutrition market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,762.9 million by 2030.
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Parenteral Nutrition Market Scope
Parenteral Nutrition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America parenteral nutrition market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to parenteral nutrition market will help companies and investors design strategic landscapes.
Oral was the largest segment with a revenue share of 87.85% in 2023. Horizon Databook has segmented the North America parenteral nutrition market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of many malnourished children, high natality, increasing rate of premature births, growing prevalence of cancer, and rising adoption of parenteral nutrition products in healthcare settings for chronically ill geriatric patients are among the factors expected to drive the market.
Diseases such as Crohn’s disease, esophageal cancer, ulcerative colitis, gastric cancer, head & neck cancer, and laryngeal cancer affect oral food intake in patients. The growing prevalence of these diseases is expected to drive the demand for parenteral nutrition.
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Target buyers of North America parenteral nutrition market databook
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Our clientele includes a mix of parenteral nutrition market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America parenteral nutrition market , including forecasts for subscribers. This continent databook contains high-level insights into North America parenteral nutrition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America parenteral nutrition market size, by country, 2018-2030 (US$M)
North America Parenteral Nutrition Market Outlook Share, 2023 & 2030 (US$M)
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