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Bullboard - Stock Discussion Forum Baxter International Inc BAX

Baxter International Inc., through its subsidiaries, provides a portfolio of essential healthcare products. The Company’s Medical Products and Therapies segment includes sales of sterile IV solutions, infusion systems, administration sets, parenteral nutrition therapies and surgical hemostat, sealant and adhesion prevention products. Its Healthcare Systems and Technologies segment includes... see more

NYSE:BAX - Post Discussion

Baxter International Inc > Clinical Nutrition Market Report, Outlook 2023-2028
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Post by ivosmith on Dec 15, 2023 3:22am

Clinical Nutrition Market Report, Outlook 2023-2028

According to the latest research report, the global clinical nutrition market size reached US$ 47.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 78.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.35% during 2023-2028.

The global clinical nutrition market is currently being primarily driven by the ongoing rise in the prevalence of metabolic disorders, increasing the risk of conditions such as obesity, high blood pressure, and abnormal cholesterol levels. Furthermore, the expanding geriatric population, which is more susceptible to chronic gastrointestinal ailments, is actively propelling the demand for clinical nutrition within the home healthcare model. In addition to this, the continuous increase in the number of preterm births, coupled with the growing need for clinical nutrition in the pediatric medicine segment, is further contributing to the ongoing growth of the market. Moreover, the continual upgrading of healthcare infrastructures and the implementation of government awareness programs regarding the easy accessibility of clinical nutrition procedures for disease management are currently acting as significant factors inducing growth.

Explore full report with Table of Contents: https://www.imarcgroup.com/clinical-nutrition-market
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