The global critical care nutritional products market is likely to gain impetus from the growing prevalence of chronic and acute diseases, such as cancer. According to a report by Fortune Business Insights, titled, “Critical Care Nutritional Products Market Size, Share and Global Trend
By Route of Administration
By End Users
- Hospitals & Clinics
- Ambulatory Surgical Centers
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Extensive Development in Healthcare Infrastructure Expected to Favor Growth in Asia Pacific
Geographically, the global critical care nutritional products market is divided into Latin America, the Middle East and Africa, North America, Europe, and Asia Pacific. Amongst these, Europe and North America, at present, are the two largest markets for critical care nutritional products. They are anticipated to remain in the leading positions during the forecast period. This is likely to occur because of the persistent developments in healthcare infrastructure in these regions with special emphasis on critical care. Additionally, the ongoing technological advancements in critical care nutritional feeding techniques is also expected to boost the critical care nutritional products market growth.
Baxter and Abbott Launch Wide Variety of Innovative Products to Gain Competitive Edge
Baxter, a health care company, headquartered in the U.S., collaborated with the American Society for Parenteral and Enteral Nutrition (ASPEN), a driver of science and clinical nutrition, in October 2018. The collaboration paved way for the launch of SmartPN, an educational series of videos on the appropriate use of parenteral nutrition.
Baxter announced the launch of its new product called OLIMEL 7.6% in September 2018. It is a ready-to-use high protein nutrition formulation that contains olive oil. It combines the lowest glucose formulation with the highest protein formulation available in a triple chamber bag. The formulation helps the critically ill patients who have undergone major surgeries in receiving adequate nutrients.
Previously, in April 2017, Abbott, a pharmaceutical company, headquartered in the U.S., unveiled two latest science-based nutrition drinks named Ensure Surgery Immunonutrition Shake and Ensure Pre-Surgery Clear Nutrition Drink. They are provided to the patients who had undergone surgery and are in an urgent requirement for nutrition to recover fast and get back to their daily activities.
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