Diabetes Drug Market Same Pace at a CAGR of 6.38% till 2023 by MRFR

Global Diabetes Drugs Market – Key Players

The major player in the global diabetic drug market are Eli Lilly (US), Novo Nordisk (Denmark), Abbott (US), AstraZeneca (UK), Biocon (US), Sunpharma (India), Sanofi (France), Novartis (Switzerland), Merck & Co. (US), Pfizer (US), Daiichi Sankyo (Japan), Boehringer Ingelheim (Germany), Akros Pharma (US), Amgen (US), Adocia (France), Peptron (South Korea), Takeda (Japan).

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Global Diabetes Drugs Market – Scenario

Diabetes is a metabolic disorder in which the body glucose level is elevated. There are two type of diabetes namely type-1 diabetes and type-2 diabetes. During last decade there is a tremendous increase in the number of diabetic population.

According to International Diabetes Federation, in 2016, it was estimated that 420 million adult population were suffering from diabetes which is increasing at the rate of 8.4% and is expected to reach 625 million by 2040. A number of different types of drugs are available in the market however, no available treatment can cure diabetes totally. However, cost issues, strict regulatory rules and long approval time for drugs may led to restrain the growth of the market.The global Diabetes Drug Market is expected to grow at a CAGR of 9.2% during forecasted period 2017-2023.

Global Diabetes Drugs Market – Segmentation             

The global diabetes drug market is segmented on the basis of types, route of administration, drug class, and end users.

On the basis of types, the market is segmented into type-1 diabetes and type-2 diabetes.

On the basis of route of administration, the market is segmented into oral, intravenous and other.

On the basis of drug class they are insulin, sensitizers, SGLT-2 inhibitors, alpha-glucosidase inhibitors, secretagogues, peptide analogs and others. Sensitizers are sub segmented into thiazolidinediones and biguanides. Secretagogues are further segmented into sulfonylureas and non-sulfonylureas

On the basis of end users, the market is segmented into hospital & clinics, ambulatory clinics and other.

Global Diabetes Drugs Market – Overview

The global diabetes drugs market is growing with a swift phase; mainly due to increase in patient population and research and development done by market players to fill the gap of market. The WHO estimated that diabetes leads to 1.6 million deaths in 2015 and it is the major causes of blindness, kidney failure, heart attacks, stroke, and lower limb amputation.

Increase in incidence of chronic disease owing to diabetes will drag the interest of biopharmaceutical researchers for developing effective drugs for the treatment. More than 170 diabetes drugs are in the development stage to cure diabetes or diabetes related conditions. In 2014, the cost of diabetes diagnosis was around USD 245 billion in the United States, and biopharmaceutical researchers are focusing to find new lifesaving and life-changing treatments.

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Global Diabetes Drugs Market – Regional Analysis              

America dominates the global diabetes drug market owing to large diabetic patient population. According to the WHO, in 2016, 9.6% of total America population were suffering from diabetes. In addition to this, increasing number of obese people, changing lifestyle and increasing healthcare expenditure have boosted the growth of the market in America. Increasing cholesterol level and smoking increases the possibility of causing diabetes. According to the Centers for Disease Control and Prevention (2014), 73.5 million adults in the US had diagnosed with high cholesterol level.

Europe accounts for the second largest diabetes drug market, which is followed by Asia Pacific. Huge smoking population, availability of funds for research, and government support for research & development will drive the market in Europe.

Asia Pacific is the fastest growing region for the market due to the presence of a huge patient population, continuously developing economies, and increasing need for the better treatment.

On the other hand, the Middle East & Africa has the least share in the global diabetes drug market due to presence of poor economy especially in Africa region. Middle East holds the major share in the Middle East & Africa diabetes drug market owing to well-developed healthcare sector and huge healthcare expenditure.

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Orphan Drugs Market 2018 | Booming CAGR of 11.6% with Top Venders by 2023

Future Drivers and Constraints Affecting the Market

Growing investment in R&D, unmet requirement for rare diseases, economic, legislative, and tax benefits offered by the government, high ROI, development of latest technologies like hybridoma, gene mapping, and DNA recombinant, extensive exclusivity, and faster uptake and low marketing cost are some of the major factors driving the market over the forecast period.

There has been a growing demand for drugs for rare diseases such as Yellow Fever, Von Willebrand Disease, Aarskog Syndrome, Waardenburg Syndrome, diabetic macular edema, Abetalipoproteinemia, Autism spectrum disorder (ASD), Yellow Nail syndrome, Asperger syndrome, Von Hippel-Lindau Disease, and others which is contributing towards the growth of the market. Moreover, FDA free waivers, R&D grants by the government, favorable reimbursement policy along with premium pricing owing to the low competition also contribute the market growth.

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Global Orphan Drugs Market – Synopsis 

Orphan drugs are generally used for treating rare disorders and diseases that affect a small percentage of the population. There are approximately 30 million in Europe, 30 million people in the US, and 350 million people worldwide who suffer from 7,000 types of rare diseases.

Disorders among which four-fifths of the rare diseases are genetic and 50 % of the crowd affected being children. Only 5 % of the rare diseases had approved drug treatment with 326 new drugs being approved by FDA and brought to the market.

Global Orphan Drugs Market – Competition Analysis 

The key players operating the market for orphan drugs are Alexion Pharmaceuticals Inc., Bayer AG, Sanofi, Celgene Corporation, Novartis AG, Biogen Idec Limited, Hoffmann- La Roche, Takeda Pharmaceuticals Company Limited, Bristol-Myers Squibb, Vertex Pharmaceuticals Inc. Johnson & Johnson, and others.

Meanwhile, high cost of development, extensive post-market surveillance, costly clinical trials, monopolized and unitary market, concern over safety, competition from biosimilars and generics are some of the restraining factors inhibiting the growth of the market over the forecast period. Moreover, active distribution and commercialization can be hindered by differential availability of developing and developed countries, owing to socio-economic factors.

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Global Orphans Drug Market Segmentation   

Globally, the market for orphan drugs has been segmented on the basis of application, pharmacological class, source, technology, and region.

The market has been segmented into enzyme replacement, protein replacement, and gene chromosome expression based on pharmacological class.

The market has been segmented into oncology, blood-related disorders, neurology, nephrology, and infectious diseases based on applications. Among these, oncology is predicted to dominate the market owing to the increasing drug approvals for treating rare cancers.

The market has been segmented into Transgenic, DNA recombination, and gene expression based on technology.

The market has also been segmented into biological orphan drug and non-biological orphan drug based on source. Among these, biological orphan drug leads the market in terms of revenue and is predicted to maintain its dominance over the assessment period owing to the high efficacy of biologic products for treating diseases.

Global Orphan Drugs MarketIndustry News

The FDA has granted orphan drug designation to Surface Oncology’s lead investigational candidate SRF231 which is a potential treatment for patients suffering from multiple myeloma. The SRF231 is a human monoclonal antibody therapeutic targeting CD47, a protein overexpressed on cancer cells to prevent them from being eliminated and engulfed by macrophage-mediated phagocytosis.

North America to Dominate the Market 

Geographically, the market for orphan drugs has been spanned across regions such as North America, Europe, Asia Pacific, Middle East and Africa.

North America has been estimated to hold the largest market share owing to well-established healthcare infrastructure, favorable regulations for drug approval for rare diseases, initiatives by non-governmental and governmental agencies to increase awareness related to use of orphan drugs, and drug exclusivity status received by orphan drugs. Moreover, US contributes substantially to the market which calls for strong R&D for development of orphan drugs.

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Worldwide Cosmetic Dentistry Market Size, Share and Future Analysis – Outlet by 2023

Cosmetic Dentistry Market – Highlights

Cosmetic dentistry is the dental work that helps improve the look of a person’s teeth. The treatment includes teeth whitening, straightening, reshaping, and realignment. There are several other cosmetic dental services, which include cosmetic gum surgery, tooth contouring and reshaping, tooth colored fillings, composite bonding, dental implants, and inlays and onlays.

Technological advancements have also allowed the application of novel techniques. The high cost of dental imaging procedures and lack of reimbursement options hinder the growth of this market.

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The global cosmetic dentistry market is dominated by many key market players. These players are engaged in new product launches and tactical partnerships to brace their market position. For instance, in April 2017, Zimmer Biomet Holdings, Inc. announced the distribution of NovaBone Dental Putty in over 40 countries within the Middle East, Africa, Latin America, Asia-Pacific, and the selected markets in Europe.

Cosmetic Dentistry Market – Segmentation     

The global cosmetic dentistry market has been segmented into product type and end-user.

The market, based on product type, has been segmented into dental systems and equipment, dental implants, dental bridges, dental veneers, dental crowns, orthodontic braces, inlays and onlays, and bonding agents. The dental systems and equipment segment is further sub-segmented into instrument delivery systems, dental chairs, handpieces, light cure equipment, CAD/CAM systems, scaling units, dental lasers, and dental radiology equipment.

The dental radiology equipment are further sub-segmented into extra-oral radiology equipment, intra-oral radiology equipment, and cone beam computed tomography (CBCT) scanners. The dental implants market covers titanium implants and zirconium implants. The dental bridges market is sub-segmented into traditional bridges, cantilever bridges, and Maryland bridges. The orthodontic braces market is sub-segmented into fixed braces and removable braces.

The market, by end-user, has been segmented into hospitals and dental clinics.

The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East and Africa.

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Cosmetic Dentistry Market – Key players                

3M Company, Danaher Corporation, Dentsply International, Inc., Institut Straumann AG, Zimmer Biomet Holding, Inc., Align Technology, Inc., Sirona Dental Systems, Inc., Biolase, Inc., Planmeca Oy, A-dec Inc., Q & M Dental Group, Bicon, BioHorizons, Cortex Dental Implants, BioHorizons IPH, Inc., Denxy Technology Co., Limited, Remedent NV are some of the key players in the global cosmetic dentistry market.

Cosmetic Dentistry Market – Regional Analysis

A booming need for a more aesthetic appeal in the field of cosmetic dentistry is being observed worldwide. The rising demand for dental implants and orthodontic appliances in developing markets has caused a growth emission in dental tourism.

The market in the Americas is expected to boost the global cosmetic dentistry market owing to technological advances and increasing procedures for aesthetic purposes. This is largely attributed to the accessibility of an urban healthcare infrastructure. The European market is expected to be the second-largest due to government funding and support from the healthcare sector coupled with the rising prevalence of various chronic diseases. Moreover, the rising demand for dental implants and orthodontic appliances in developing markets of Asia-Pacific have prospered the field of dental tourism. The market in the Middle East and Africa accounts for the smallest share as the cost of dental imaging instruments and the procedure is exorbitant.

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Veterinary Vaccines Market Forecasts by Global Industry Drivers Till 2023

Veterinary Vaccines Market – Segments

Middle East and Africa veterinary vaccines market has been segmented on the basis of technology which comprises of attenuated, inactivated, toxoid, conjugate, subunit and recombinant DNA. On the basis of disease indication the market is segmented into foot & mouth disease, parvovirus, distemper, reproductive & respiratory syndrome and others.

On the basis of composition the market is segmented into mono vaccine and combination vaccines. On the basis of animal type; market is again segmented into poultry, bovine, porcine, companion and other.

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Veterinary Vaccines Market – Scenario

A vaccine is a biological preparation containing a weakened or killed microbial agent, its toxins or its surface proteins, which provides active acquired immunity against a disease. The aim of vaccination is to stimulate and train the body immunity to recognize and destroy the microbial threat in later encounters.

Vaccines are considered the most effective method of preventing infectious diseases and is largely responsible for the growth of the dairy and meat industry worldwide. The latest trends in the vaccine market include growing emphasis on technology and the rise of recombinant DNA vaccines. The bovine vaccines market segment is the largest due to the organized dairy and beef industry along with better buying power of the industry.

Taking all factors into consideration, till the end of forecasted period we expect the Middle East and Africa veterinary vaccines market to reach around $ 550.84 million in 2022, growing at a compound annual growth rate of 7.1 % whose worth was $ 365 million in 2015.

Veterinary Vaccines Market- Key Players

Some of the key players in this market are Zoetis Inc., Boehringer Ingelheim GmbH, Merck Animal Health, MSD Animal Health, Elanco Animal Health, Bayer AG, Indian Immunologicals Limited and others.

Veterinary Vaccines Market – Regional Analysis

UAE is the largest market for veterinary vaccines in the entire Middle East and Africa veterinary vaccines market closely followed by Egypt. Africa’s market especially the sub Saharan regions is the fastest growing market with a huge unmet medical needs.

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Veterinary Vaccines Market – Study Objectives

To provide detail analysis of Middle East and Africa’s market structure along with its forecast growth for the next 6 years with respect to various segments and sub-segments of the market.

To analyze the market based on various analyses which includes price analysis, supply chain analysis, Porters Five Force analysis etc.

To provide country level analysis of the market for segments which includes by product technology, by disease indication material, by composition, by animal type and other sub segments.

To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments globally.

MAJOR TABLE OF CONTENTS:   

1 Introduction

2 Research Methodology

3 Market Dynamics

4 Market Factor Analysis

5 Middle East And Africa Veterinary Vaccine Market, By Technology

6 Middle East And Africa Veterinary Vaccine Market, By Disease Indication

7 Middle East And Africa Veterinary Vaccine Market, By Composition

8 Middle East And Africa Veterinary Vaccine Market, By Animal Type

10 Middle East And Africa Veterinary Vaccine Market, By Country

11 Company Landscape

12 Company Profile

13 Others

14 Appendix

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Vaccine Adjuvants Market USD 4477.3 Million with CAGR of 10.1% – Declare MRFR

Vaccine Adjuvants Market – Regional Analysis

The global vaccine adjuvants market consists of four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa. The Americas dominates the global market due to major initiatives taken by the government for vaccination against many diseases as well as excellent management of public awareness programs.

Europe is the second largest market owing to increased emphasis and availability of funds for research and development. The government is campaigning about vaccination and various preventive measures against infectious and non-infectious diseases.

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Recently, governments in developing countries of Asia Pacific have undertaken various vaccinations programs to the educate people. India is expected to be an emerging and the fastest growing market due to increasing focus on immunization programs by various government and NGOs. The market shows steady growth in the Middle East & Africa due to lower demand for vaccine adjuvants as compared to other regions across the globe.

Vaccine Adjuvants Market – Highlights 

Adjuvant is a substance that enhance the immune responses against antigens. More than one adjuvant may be present in the final vaccine products. Aluminum salts, such as aluminum hydroxide, aluminum phosphate, and aluminum potassium sulfate are widely used as an adjuvant in the vaccines production.

Increasing demand for adjuvants to enhance and extend immune response, and need for development of safe and non-toxic adjuvants will boost the growth of the market. Moreover, increasing use of synthetic vaccines and recombinant vaccines are also expected to drive the global vaccine adjuvants market over the forecast period.

Moreover, increasing demand for improved and long-lasting vaccination against existing and emerging diseases and increasing vaccination programs by the government and research and development activities favor the growth of this market in this region. On the other hand, high toxicity of adjuvants, and high developing cost for a new vaccine adjuvants may hamper the growth of the market.

The global vaccine adjuvants market is expected to grow at a CAGR of 10.1% during the forecast period 2017-2023.

Taste the market data and market information presented through more than 105 market data tables and figures spread over 110 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “vaccine adjuvants market research report–Global forecast till 2023.”

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Vaccine adjuvants Market – Major Players                                         

Some of the key players in the global market are VaxLiant LLC.(U.S),Vaxine Pty Ltd (Australia), Aphios Corporation (U.S), Viscogel AB (Sweden), Adjuvatis (France), Sergeant Adjuvants (U.S), Sigma-Aldrich Co. LLC.(India), CureVac AG (Germany), Brenntag Biosector (Denmark), CSL Limited (Australia), SEPPIC (Fracne), Agenus, Inc. (U.S), Novavax, Inc.(U.S), SPI Pharma, Inc.(U.S), Invivogen (U.S), Avanti Polar Lipids, Inc. (U.S), MPV Technologies (U.S), and OZ Biosciences (France).

Vaccine adjuvants Market – Segmentation

The global vaccine adjuvants are segmented by types, routes of administration, and end users. On the basis of types, it is segmented into pathogen components, particulate adjuvants, and others. On the basis of routes of administration, it is segmented into oral, intramuscular, subcutaneous, and intradermal. On the basis of end users, it is segmented into pediatric, adult.

MAJOR POINTS BY TABLE OF CONTENTS:

1 Report Prologue

2 Market Introduction

3 Research Methodology

4 Market Dynamics

5 Market Factor Analysis

6. Global Vaccines Adjuvants Market, By Type

7. Global Vaccines Adjuvants Market, By Route Of Administration

8. Global Vaccines Adjuvants Market, By End User

9. Global Vaccines Adjuvants Market, By Region

10 Competitive Landscape

11 Company Profile

12 Conclusion

13 Appendix

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Sports Medicine & Therapies Market Major Trend in North America 2018 to 2023

Sports Medicine & Therapies market – Segmentation

By product, global sports injuries market has been segmented into joint reconstructive & repair products, support & recovery products, accessories & consumables and others.

By application, the market is segmented into shoulder treatment, knee treatment, hip treatment, spine treatment, and others.

By procedure, the market is segmented into tendinosis, tendon to bone, and cartilage repair. The tendinosis segment is poised to captivate the most substantial fraction of market revenue during the projection period.

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By end-user, the market has been segmented into hospitals & emergency care, trauma centers, ambulatory care, and others.

Sports Medicine & Therapies market – Insights

With the rise in inclination towards sports, the need for prevention, diagnosis, and, treatment of sports injuries has also increased. The increasing number of sports associations has accelerated awareness about the benefits of sports medicines and its availability which has fueled the growth of the market.

The rising incidences of sports injuries are favoring the expansion of the market. Research & development activities undertaken by the key players coupled with the introduction of new products catering to the need for different injuries have catalyzed the revenue generation in the market.

However, the dearth of proper awareness about sports safety measures, lack of skilled professionals for treating sports injuries, complex reimbursement policies, etc. are projected to be the major restraints of market growth.

Sports Medicine & Therapies market – Competitive Dashboard      

The key players competing in the market have been profiled by MRFR to draw a deeper insight into the market which includes Medtronic, Zimmer Biomet, DePuy Synthes, Smith & Nephew plc, Stryker, CONMED Corporation, GE Healthcare, Arthrex, Inc., among others. The players strive to tap the unexplored opportunities in the market by devising strategies such as expansion of product portfolio, research & development activities, innovative partnership, agreements, establishment of technically advanced manufacturing plants, acquisitions & mergers, etc. Presently, there are more than 2569 players participating in the competitive landscape of the market.

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Sports Medicine & Therapies market – Industry News            

Arthrex, Inc, which is the global leader for the sports medicine market, is establishing 122-foot tower in North Naples as a part of its expansion plan. The new office will be the company’s new event and administration building for supporting the manufacturing growth of sports devices and medicines.

CoRehab, based in Trento, Italy, has signed a distribution agreement with Zimmer Biomet, an industry leader in the sports medicine market. Zimmer Biomet will be distributing modules of CoRehab’s sports medicine and physical therapy platform. The marketing and sales of the products will occur under the Zimmer Biomet trade name of Smartmove.

Sports Medicine & Therapies market – Regional Analysis

By region, the global sports medicine market has been segmented into North America, Europe, Asia Pacific, and, Middle East and Africa. North America is the leading market globally and accounted for 39% of the market size in 2016 with a market valuation of USD 1,883.6 Mn. According to a report published by the Centers for Disease Control (CDC), the U.S., high school athletes accounts for around 2 million sports injuries every year. The rising count of sports injuries in the region is one of the key drivers of the market.

Europe holds the second spot in terms of market size and is poised to retain its influence throughout the forecast period. The accelerated rate of sports activities in the region has paved the way for the upward shift in the demand curve of sports medicines owing to rising count of sports injuries. Furthermore, increasing awareness on the consumer’s side coupled with the growth strategies of key players has also fueled the market expansion in the region.

Asia Pacific region is set to thrive saliently over the assessment period at a robust CAGR of 9.2% and will demonstrate the steepest rise in the growth curve. The factors favoring market expansion in the region are developments in the healthcare sector, increasing sports associations, rising awareness about health and sports medicines, etc. Middle East & Africa market will grow at the slowest pace with the least market share over the next couple of years.

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Medical Nutrition Market CAGR 9.2% with Strategies of Top Key Players in the Industry – Says MRFR

Market Scenario

The global medical nutrition market is anticipated to expand at 9.2 % CAGR during the forecast period (2017-2023) owing to the increasing prevalence of chronic diseases, asserts Market Research Future (MRFR).

Medical nutrition is a therapeutic composition which is developed to fulfill the nutritional requirements in patients suffering from chronic diseases like diabetes, cancer, gastrointestinal disorders, chronic obstructive pulmonary disease, immune system disorder, and others. The nutrition is strictly prescribed by medical professionals and is consumed under medical supervision.

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Competitive Dashboard

The major players operating the global market are Mead Johnson & Company LLC. (US), Baxter International (US), Nestlé Health Science (Switzerland), NeoMed (US), Danone (France), Nutricia Advanced Medical Nutrition (Netherland), Primus Pharmaceuticals (US) Inc., Solace Nutrition (UK), Abbott Nutrition (US), AYMES Nutrition International Ltd. (UK), B. Braun Melsungen AG (Germany), and others.

Global Medical Nutrition Market: Segmental Analysis

The global medical nutrition market has been segmented on the basis of type, application, and region.

By mode of type, the global medical nutrition market has been segmented into parenteral nutrition, pediatric nutrition, elderly nutrition, sports nutrition, and others. Among these, the parenteral nutrition segment is presumed to dominate the global medical nutrition market.

By mode of application, the global medical nutrition market has been segmented into sarcopenia, pediatric malnutrition, diabetes, renal failure, obesity, cancer, and others.

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Drivers and Constraints Impacting the Market

With the rising incidences of chronic diseases such as cancer, diabetes, immune system disorder, and more, which requires additional nutrients, the global market for medical nutrition is likely to propel. Also, growing awareness among the people associated with the benefits of medicated beverages and food items are contributing to the market growth. Moreover, changing lifestyle such as over-consumption of alcohol, habitual smoking, relying on fast-food, and extended work hours has resulted in the lack of adequate nutrients. The demand for better quality healthcare facilities and therapy in developed countries are also likely to boost the market growth. Medical nutrition products comprise probiotics and prebiotics that focuses on the aging population. Such factors are likely to unlock the door of opportunities for the market globally.

On the flip side, the high price associated with medical nutrition products and critical reimbursement policies enforced by the government of several countries are anticipated to retard the market growth in the coming years.

Industry News 

A recent study published in The American Journal of Clinical Nutrition compared the impact of different types of protein supplements on older adults, sarcopenia, and growing population challenged by the loss of muscle and strength, which can affect balance and the ability to perform the simple tasks of everyday life. Researchers have found that protein did not stop lean muscle loss which is caused by inactivity. However, supplements helped to rebuild muscle once the participant’s activities were resumed.

Regional Insights

Geographically, the medical nutrition market span across regions namely, North America, Europe, Asia Pacific, and Rest-of-the-World.

Among all the regions, North America is estimated to dominate the global medical nutrition market during the assessment period and is presumed to gain significant market share in terms of revenue. The growth is attributed to the vast population pool suffering from chronic diseases and the presence of a large number of health-conscious people in this region.

The Asia Pacific region is considered to be the most rapidly rising region owing to the high development in the healthcare sector and increasing population-level suffering from chronic diseases such as diabetes and cancer.

MAJOR TABLE OF CONTENTS:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 MARKET DYNAMICS

4 MARKET FACTOR ANALYSIS

5. GLOBAL MEDICAL NUTRITION MARKET, BY TYPE

6. GLOBAL MEDICAL NUTRITION MARKET, BY APPLICATION

7. GLOBAL MEDICAL NUTRITION MARKET, BY REGION

8. COMPETITIVE LANDSCAPE

9 COMPANY PROFILE

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