U.S. Parenteral Nutrition Market Size & Outlook, 2023-2030
U.S. parenteral nutrition market, 2018-2030 (US$M)
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U.S. parenteral nutrition market highlights
- The U.S. parenteral nutrition market generated a revenue of USD 2,572.9 million in 2023 and is expected to reach USD 3,842.9 million by 2030.
- The U.S. 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.
Parenteral nutrition market data book summary
| Market revenue in 2023 | USD 2,572.9 million |
| Market revenue in 2030 | USD 3,842.9 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Oral |
| Fastest growing segment | Oral |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, U.S. accounted for 36.2% of the global parenteral nutrition market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. parenteral nutrition market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 569.2 million by 2030.
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Parenteral Nutrition Market Scope
Parenteral Nutrition Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 88.03% in 2023. Horizon Databook has segmented the U.S. parenteral nutrition market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing cases of disabilities & malnutrition due to the rising incidence of chronic medical conditions and the growing geriatric population are among the factors leading to a rise in the demand for parenteral nutrition products.
Moreover, the rising number of heart transplants is further boosting the market growth. For instance, according to United Network for Organ Sharing statistics, around 4,169 heart transplants were performed in the U.S. in 2022. This represents a rise of 21.5% from the previous year.
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Target buyers of U.S. 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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. parenteral nutrition market , including forecasts for subscribers. This country databook contains high-level insights into U.S. parenteral nutrition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. parenteral nutrition market size, by stage, 2018-2030 (US$M)
U.S. Parenteral Nutrition Market Outlook Share, 2023 & 2030 (US$M)
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