Middle East & Africa Parenteral Nutrition Market Forecast to 2030 - Regional Analysis - by Nutrient Type (Single Dose Amino Acid Solution, Parenteral Lipid Emulsion, Carbohydrates, Trace Elements, and Vitamins and Minerals) and End User (Hospitals, Clinics, and Others)

BMIRE00030469 | Pages: 84 | Pharmaceuticals | Jul 2024 | Type: Regional | Status: Published

The Middle East & Africa parenteral nutrition market was valued at US$ 208.88 million in 2022 and is expected to reach US$ 288.90 million by 2030; it is estimated to record a CAGR of 4.1% from 2022 to 2030.

Innovation in Formulations of Nutrition Products Bolster Middle East & Africa Parenteral Nutrition Market

There is a surge in the demand for products that help consumers proactively manage their health, especially those focused on specific needs in terms of energy levels, immunity, and disease treatment. Nutritional requirements differ based on the type of illness. Functionality and specific formulations of the parenteral products do not interfere with the existing treatment provided to patients and help deliver a more precise and enhanced treatment as per the requirement. The macronutrient and micronutrient formulations of parenteral nutrition and their applications vary based on the type of disease, including cancer and gastrointestinal diseases.

Significant developments in Innovative formulations bring in a new era of nutritional solutions that are designed to meet all individual demands as well as the medical conditions of each patient. This level of personalization improves patient outcomes in addition to increasing the effectiveness of parenteral nutrition. Formulation innovations enable the market to fully meet the unique nutritional needs of different patients, from newborns and older adults to people with certain medical conditions. For example, the emergence of lipid-based emulsions with improved stability and bioavailability is changing the face of intravenous nourishment, especially for the treatment of premature infants. Additionally, the inherent risks of problems and side effects that have traditionally been connected to conventional nutritional solutions are reduced because of these formulation innovations. The industry is positioned for exceptional growth and long-term success because of its dual benefits of promoting the adoption of parenteral nutrition within the healthcare ecosystem and improving patient care. Thus, innovation in the formulations of nutrition products is anticipated to create opportunities for the market growth during the forecast period. Thus, the innovation in formulations of nutrition products act as future growth trends in the parenteral medical nutrition market.

Middle East & Africa Parenteral Nutrition Market Overview

According to a mid-2020 report from the General Authority for Statistics, ~25,000 babies are born prematurely in Saudi Arabia yearly. The premature babies are placed in incubators for 30-60 days, which can cost government hospitals or insurance companies ~US$ 16,000 (SAR 60,000) for individual treatment and specialized care. If babies are required to be kept in incubation for longer periods, it can cost ~US$ 26,667 (SAR 100,000). In such a scenario, nutritional support is crucial to attain a similar growth rate compared to babies of the same age, and it can be provided through enteral or parenteral ways. Most immature preterm babies depend on parenteral nutrition, especially for babies born with low birth weight (<1,500g). Such babies are not offered enteral feeding due to the severity of medical problems associated with prematurity (such as underdeveloped major organs, infections, and feeding intolerance). The Ministry of Health (MoH) in the country operates 287 hospitals. According to the data published by the MoH, 236 hospitals currently provide home healthcare, of which some either incorporate either home enteral nutrition (HEN) or home parenteral nutrition (HPN), or both services. Therefore, the demand for parenteral nutrition is anticipated to grow rapidly in Saudi Arabia due to the rising number of premature births and increasing government efforts to support and spread awareness among the population regarding parenteral nutrients.

Middle East & Africa  Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Parenteral Nutrition Market Revenue and Forecast to 2030 (US$ Million)

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Middle East & Africa  Segmentation

The Middle East & Africa parenteral nutrition market is segmented based on nutrient type, end user, and country. Based on nutrient type, the Middle East & Africa is categorized into single dose amino acid solution, parenteral lipid emulsion, carbohydrates, trace elements, and vitamins and minerals. The single dose amino acid solution segment held the largest market share in 2022.

By end user, the Middle East & Africa is segmented into hospitals, clinics, and others. The hospitals segment held the largest market share in 2022.

Based on country, the Middle East & Africa is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa share in 2022.

ICU Medical Inc, Grifols SA, Pfizer Inc, Otsuka Pharmaceuticals Co Ltd, Baxter International Inc, B Braun SE, Fresenius Kabi AG, Aculife Healthcare Pvt Ltd, and Vifor Pharma Management AG are some of the leading players operating in the Middle East & Africa .

TABLE OF CONTENTS

 

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Middle East & Africa Parenteral Nutrition Market - Key Industry Dynamics

4.1 Market Drivers

4.1.1 Rise in Prevalence of Gastrointestinal Diseases

4.1.2 Surge in Cases of Malnutrition and Premature Births

4.2 Market Restraints

4.2.1 Mechanical, Gastrointestinal, and Metabolic Complications Associated with Parenteral Feeding Systems

4.3 Market Opportunities

4.3.1 Growing Healthcare Expenditure in Middle East & Africa Region

4.4 Future Trends

4.4.1 Innovation in Formulations of Nutrition Products

4.5 Impact Analysis

5. Parenteral Nutrition Market - Middle East & Africa Market Analysis

5.1 Overview

5.2 Parenteral Nutrition Market Revenue (US$ Mn), 2020 - 2030

6. Middle East & Africa Parenteral Nutrition Market Analysis - by Nutrient Type

6.1 Overview

6.2 Single Dose Amino Acid Solution

6.2.1 Overview

6.2.2 Single Dose Amino Acid Solution: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

6.3 Parenteral Lipid Emulsion

6.3.1 Overview

6.3.2 Parenteral Lipid Emulsion: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

6.4 Carbohydrates

6.4.1 Overview

6.4.2 Carbohydrates: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

6.5 Trace Elements

6.5.1 Overview

6.5.2 Trace Elements: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

6.6 Vitamins and Minerals

6.6.1 Overview

6.6.2 Vitamins and Minerals: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

7. Middle East & Africa Parenteral Nutrition Market Analysis - by End User

7.1 Overview

7.2 Hospitals

7.2.1 Overview

7.2.2 Hospitals: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

7.3 Clinics

7.3.1 Overview

7.3.2 Clinics: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

7.4 Others

7.4.1 Overview

7.4.2 Others: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

8. Middle East & Africa Parenteral Nutrition Market - Country Analysis

8.1 Middle East & Africa

8.1.1 Middle East & Africa: Parenteral Nutrition Market - Revenue and Forecast Analysis - by Country

8.1.1.1 Saudi Arabia: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

8.1.1.1.1 Overview

8.1.1.1.2 Saudi Arabia: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

8.1.1.1.3 Saudi Arabia: Parenteral Nutrition Market Breakdown, by Nutrient Type

8.1.1.1.4 Saudi Arabia: Parenteral Nutrition Market Breakdown, by End User

8.1.1.2 United Arab Emirates: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

8.1.1.2.1 Overview

8.1.1.2.2 United Arab Emirates: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

8.1.1.2.3 United Arab Emirates: Parenteral Nutrition Market Breakdown, by Nutrient Type

8.1.1.2.4 United Arab Emirates: Parenteral Nutrition Market Breakdown, by End User

8.1.1.3 South Africa: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

8.1.1.3.1 Overview

8.1.1.3.2 South Africa: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

8.1.1.3.3 South Africa: Parenteral Nutrition Market Breakdown, by Nutrient Type

8.1.1.3.4 South Africa: Parenteral Nutrition Market Breakdown, by End User

8.1.1.4 Rest of Middle East & Africa: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

8.1.1.4.1 Overview

8.1.1.4.2 Rest of Middle East & Africa: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

8.1.1.4.3 Rest of Middle East & Africa: Parenteral Nutrition Market Breakdown, by Nutrient Type

8.1.1.4.4 Rest of Middle East & Africa: Parenteral Nutrition Market Breakdown, by End User

9. Industry Landscape

9.1 Overview

9.1.1 Overview

10. Company Profiles

10.1 ICU Medical Inc

10.1.1 Key Facts

10.1.2 Business Description

10.1.3 Products and Services

10.1.4 Financial Overview

10.1.5 SWOT Analysis

10.1.6 Key Developments

10.2 Grifols SA

10.2.1 Key Facts

10.2.2 Business Description

10.2.3 Products and Services

10.2.4 Financial Overview

10.2.5 SWOT Analysis

10.2.6 Key Developments

10.3 Pfizer Inc

10.3.1 Key Facts

10.3.2 Business Description

10.3.3 Products and Services

10.3.4 Financial Overview

10.3.5 SWOT Analysis

10.3.6 Key Developments

10.4 Otsuka Pharmaceuticals Co Ltd

10.4.1 Key Facts

10.4.2 Business Description

10.4.3 Products and Services

10.4.4 Financial Overview

10.4.5 SWOT Analysis

10.4.6 Key Developments

10.5 Baxter International Inc

10.5.1 Key Facts

10.5.2 Business Description

10.5.3 Products and Services

10.5.4 Financial Overview

10.5.5 SWOT Analysis

10.5.6 Key Developments

10.6 B Braun SE

10.6.1 Key Facts

10.6.2 Business Description

10.6.3 Products and Services

10.6.4 Financial Overview

10.6.5 SWOT Analysis

10.6.6 Key Developments

10.7 Fresenius Kabi AG

10.7.1 Key Facts

10.7.2 Business Description

10.7.3 Products and Services

10.7.4 Financial Overview

10.7.5 SWOT Analysis

10.7.6 Key Developments

10.8 Vifor Pharma Management AG

10.8.1 Key Facts

10.8.2 Business Description

10.8.3 Products and Services

10.8.4 Financial Overview

10.8.5 SWOT Analysis

10.8.6 Key Developments

10.9 Aculife Healthcare Pvt Ltd

10.9.1 Key Facts

10.9.2 Business Description

10.9.3 Products and Services

10.9.4 Financial Overview

10.9.5 SWOT Analysis

10.9.6 Key Developments

11. Appendix

11.1 About The Insight Partners

11.2 Glossary of Terms

List of Tables

Table 1. Parenteral Nutrition Market Segmentation

Table 2. Saudi Arabia: Parenteral Nutrition Market - Revenue and Forecast to 2030(US$ Million) - by Nutrient Type

Table 3. Saudi Arabia: Parenteral Nutrition Market - Revenue and Forecast to 2030(US$ Million) - by End User

Table 4. United Arab Emirates: Parenteral Nutrition Market - Revenue and Forecast to 2030(US$ Million) - by Nutrient Type

Table 5. United Arab Emirates: Parenteral Nutrition Market - Revenue and Forecast to 2030(US$ Million) - by End User

Table 6. South Africa: Parenteral Nutrition Market - Revenue and Forecast to 2030(US$ Million) - by Nutrient Type

Table 7. South Africa: Parenteral Nutrition Market - Revenue and Forecast to 2030(US$ Million) - by End User

Table 8. Rest of Middle East & Africa: Parenteral Nutrition Market - Revenue and Forecast to 2030(US$ Million) - by Nutrient Type

Table 9. Rest of Middle East & Africa: Parenteral Nutrition Market - Revenue and Forecast to 2030(US$ Million) - by End User

Table 10. Recent Organic Growth Strategies in the Parenteral Nutrition Market

Table 11. Glossary of Terms, Parenteral Nutrition Market

List of Figures

Figure 1. Parenteral Nutrition Market Segmentation, By Country

Figure 2. Parenteral Nutrition Market: Key Industry Dynamics

Figure 3. Parenteral Nutrition Market: Impact Analysis of Drivers and Restraints

Figure 4. Parenteral Nutrition Market Revenue (US$ Mn), 2020 - 2030

Figure 5. Parenteral Nutrition Market Share (%) - by Nutrient Type (2022 and 2030)

Figure 6. Single Dose Amino Acid Solution: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

Figure 7. Parenteral Lipid Emulsion: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

Figure 8. Carbohydrates: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

Figure 9. Trace Elements: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

Figure 10. Vitamins and Minerals: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

Figure 11. Parenteral Nutrition Market Share (%) - by End User (2022 and 2030)

Figure 12. Hospitals: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

Figure 13. Clinics: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

Figure 14. Others: Parenteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)

Figure 15. Middle East & Africa: Parenteral Nutrition Market, by Key Country - Revenue (2022) (US$ Million)

Figure 16. Middle East & Africa: Parenteral Nutrition Market Breakdown, by Key Countries, 2022 and 2030 (%)

Figure 17. Saudi Arabia: Parenteral Nutrition Market - Revenue and Forecast to 2030(US$ Million)

Figure 18. United Arab Emirates: Parenteral Nutrition Market - Revenue and Forecast to 2030(US$ Million)

Figure 19. South Africa: Parenteral Nutrition Market - Revenue and Forecast to 2030(US$ Million)

Figure 20. Rest of Middle East & Africa: Parenteral Nutrition Market - Revenue and Forecast to 2030(US$ Million)

1. ICU Medical Inc
2. Grifols SA
3. Pfizer Inc
4. Otsuka Pharmaceuticals Co Ltd
5. Baxter International Inc
6. B Braun SE
7. Fresenius Kabi AG
8. Aculife Healthcare Pvt Ltd 
9. Vifor Pharma Management AG

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa parenteral nutrition market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa parenteral nutrition market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa parenteral nutrition market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
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