South & Central America Parenteral Nutrition Market
No. of Pages: 83 | Report Code: BMIRE00030557 | Category: Life Sciences
No. of Pages: 83 | Report Code: BMIRE00030557 | Category: Life Sciences
The South & Central America parenteral nutrition market was valued at US$ 360.63 million in 2022 and is expected to reach US$ 597.42 million by 2030; it is estimated to record a CAGR of 6.5% from 2022 to 2030. Improved Healthcare Infrastructure Fuels South & Central America Parenteral Nutrition Market
With over 19,000 hospitals in the region, Latin America provides a wide range of healthcare options. As of 2023, there will be 6,642 more hospitals in Brazil than there are in the US. Investments in healthcare infrastructure and the expansion of healthcare facilities in the South & Central America region present opportunities for the development and distribution of parenteral nutrition products and services.
Additionally, malnutrition affects 74% of severely ill hospitalized patients in Latin America. In order to fight patient malnutrition in Latin America and around the world, Fresenius Kabi is dedicated to advancing research and providing funds. Under the 'United for Clinical Nutrition' project, which aims to strengthen clinical research in Latin America, the company has provided research grants totaling US$ 106,630 (100,000) since 2018.
In 2023, Healthcare practitioners applied for the third Parenteral Nutrition Research Grant Latin America to fund clinical nutrition research initiatives. The award is valid for two years. It seeks to support serious research in parenteral nutrition therapy, help solve the problem of malnourished critically ill patients in Latin America and provide funds to support additional research that will support appropriate parenteral nutrition.
Strategic insights for the South & Central America Parenteral Nutrition provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the South & Central America Parenteral Nutrition refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Get more information on this report South & Central America Parenteral Nutrition Strategic Insights
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Report Attribute
Details
Market size in 2022
US$ 360.63 Million
Market Size by 2030
US$ 597.42 Million
Global CAGR (2022 - 2030)
6.5%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Nutrient Type
By End User
Regions and Countries Covered
South and Central America
Market leaders and key company profiles
Get more information on this report South & Central America Parenteral Nutrition Regional Insights
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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
The South & Central America Parenteral Nutrition Market is valued at US$ 360.63 Million in 2022, it is projected to reach US$ 597.42 Million by 2030.
As per our report South & Central America Parenteral Nutrition Market, the market size is valued at US$ 360.63 Million in 2022, projecting it to reach US$ 597.42 Million by 2030. This translates to a CAGR of approximately 6.5% during the forecast period.
The South & Central America Parenteral Nutrition Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South & Central America Parenteral Nutrition Market report:
The South & Central America Parenteral Nutrition Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South & Central America Parenteral Nutrition Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South & Central America Parenteral Nutrition Market value chain can benefit from the information contained in a comprehensive market report.
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