MEA Parenteral Nutrition Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2030

Published Date : May 2021 | No. of Pages : 250 Pages | Category : Healthcare

The global MEA Parenteral Nutrition market size is expected to be worth around US$ 477.1  MIllion by 2030, according to a new report by Vision Research Reports.

The global MEA Parenteral Nutrition market size was valued at US$ 303.6 Million in 2020 and is anticipated to grow at a CAGR of 17.1 % during forecast period 2021 to 2030.

Growth Factors

 The MEA parenteral nutrition market is expected to witness lucrative growth over the forecast period owing to various parameters such as presence of large pool of malnourished children, rising premature births, increasing adoption by healthcare settings for nutrient administration in chronically ill geriatric patients, and rising prevalence rate of cancer within the region. 

Increasing prevalence of chronic conditions such as cancer unswervingly influences the use of parenteral nutrition across the globe. Parenteral nutrition helps in the administration of key vital nutrients that are useful in maintaining strength, energy, and hydration level in cancer patients, thus, acting a vital impact rendering driver expected to surge market growth over the forecast period. 

Similarly, predominant existence of malnourished children and premature neonates that require these nutrients, is expected to further propel the growth. According to statistics published by the Knoema, a public data platform, the prevalence of the malnutrition in Middle East and North Africa in 2013 was around 6.04%, however, it has witnessed a decline over the period of time.

Report Highlights

Single-dose amino acid solutions held a substantial share in 2020. The increased usage of amino acid solutions can be attributed to an increase in the influx of regulatory approved solutions. Moreover, newly available amino acid solutions result in lesser adverse effects, thus enhancing care delivery. 

Carbohydrates followed the single-dose amino acids segment in terms of market share in 2016. Also, intravenous lipid emulsions are projected to witness lucrative growth over the forecast period. Lipid emulsion parenteral formulation showcase promising results, reducing complications such as skin irritation, thrombophlebitis, and pain. 

Parenteral nutrition can be supplied in various dosage forms, such as vials, ampoules, glass bottles, and bags. Bags are further sub-segmented into multi-chambered bags and others. Bags dominated the Middle East parenteral nutrition market with more than a 67.0% share in 2016. Bags are easy to handle, lightweight, and cost-efficient. Moreover, bags are also easy to dispose of after the administration of nutrient to the patient. 

These bags can be single, dual, or triple-chambered. Although single-chambered bags are abundant in the market, vials are anticipated to gain substantial share over the forecast period. Vials are often used for smaller concentration doses and they are used in hospital compounding. Increasing focus on customized treatment is likely to boost the usage of vials.

Saudi Arabia held a significant share of around 13.4% in 2016 due to the presence of the largest health care network and hospitals. Countries such as Kuwait, Oman, Lebanon, and Jordan are anticipated to gain remunerative share over the forecast period. Supportive government initiatives, an increasing number of healthcare settings, raising awareness, and increasing healthcare expenditure are likely to support their growth in the coming eight to nine years. The Health system in Qatar has improved in the past decade as a result of significant supportive investments by the government. The rate of child mortality has declined over the past couple of decades. 

Qatar spent USD 4.7 billion on healthcare in 2014, which was the highest in the Middle East. Kuwait is anticipated to witness lucrative growth over the forecast period owing to supportive government initiatives for the expansion of health resources. Approximately 80% of the investment in the healthcare sector of Kuwait is made by the government. Kuwait has one of the most modern healthcare infrastructures in the region with adequate clinics, health centers, & hospitals backed by skilled healthcare staff equipped to provide safe & effective healthcare. 

Key Players

B. Braun Melsungen AG; Baxter; Fresenius Kabi AG; Hospira Inc.; Qatar Pharma Factory; Pharmaceutical Solutions Industry; Kuwait Saudi Pharmaceutical Industries Co.; Alfa Laboratories; and Well Pharma.

Market Segmentation

  • Nutrient Type Outlook

    • Carbohydrate

    • Parenteral Lipid Emulsions

    • Single Dose Amino Acid Solutions

    • Trace Elements

    • Vitamins and Minerals

  • Dosage Form Outlook 

    • Vials

    • Ampoules

    • Bottles

    • Bags

      • Multi-chambered bags

      • Other bags

  • Regional Outlook

    • The Middle East and Africa

      • Saudi Arabia

      • Qatar

      • Kuwait

      • UAE

      • Oman

      • Egypt

      • Lebanon

      • Jordan

The MEA Parenteral Nutrition market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of MEA Parenteral Nutrition market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global MEA Parenteral Nutrition market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the MEA Parenteral Nutrition market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted MEA Parenteral Nutrition market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the MEA Parenteral Nutrition capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of MEA Parenteral Nutrition by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global MEA Parenteral Nutrition market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major MEA Parenteral Nutrition market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of MEA Parenteral Nutrition market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the MEA Parenteral Nutrition industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The MEA Parenteral Nutrition market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to MEA Parenteral Nutrition market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of MEA Parenteral Nutrition market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new MEA Parenteral Nutrition market. These factors have benefited the growth of the global market for MEA Parenteral Nutrition. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for MEA Parenteral Nutrition. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of MEA Parenteral Nutrition are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2021
  • Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

To strategically profile the key players and comprehensively analyze their growth strategies.

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