Dublin, Nov. 24, 2023 (GLOBE NEWSWIRE) — The “Europe Parenteral Lipid Emulsion Market Size, Share & Trends Analysis Report By Ingredient (1st Generation Lipid Emulsions, 2nd Generation Lipid Emulsions, 3rd Generation Lipid Emulsions), By Country, And Segment Forecasts, 2023 – 2030” report has been added to ResearchAndMarkets.com’s offering.
The Europe parenteral lipid emulsion market size is projected to reach USD 1.04 billion by 2030 and is anticipated to expand at a CAGR of 6.3%
Growing burden of chronic diseases, such as diabetes, cancer, other neurological conditions; increasing deficiency of essential fatty acids among critically ill patients; and growing awareness regarding hospital-related malnutrition are some of the major factors driving the adoption of lipid emulsions.
Parenteral lipid emulsions play a vital role in supporting better health outcomes, as malnutrition can have a serious impact on hospitalized patients. Hospitalized adults diagnosed with malnutrition have a longer length of hospital stay and higher recovery costs and are five times more likely to die as compared to other adult inpatients.
Therefore, intravenous fat emulsions are used for preventing or reversing fatty acid deficiency by providing a source of calories to patients with urgent need for parenteral nutrition.
The adoption of parenteral nutrition is increasing among the geriatric group, as they are unable to fulfill their nutritional requirements through the enteral route. There is an inverse relationship between nutritional status and complications associated with the length of stay in the hospital and the time to recover after an acute illness among the elderly patient group.
The growing geriatric population, surge in demand for fat emulsions among critically ill patients for fulfilling their nutritional requirements, and high prevalence of chronic diseases, including Alzheimer’s, inflammatory bowel disease, and others, are key factors responsible for higher adoption of parenteral lipid emulsions among this patient population.
Furthermore, an increase in the number of strategic initiatives undertaken by leading manufacturers to expand their footprint and product reach is expected to drive the market. Significant investments, the setup of new product lines, and various research initiatives for the development of new lipid emulsions are anticipated to boost the market growth.
Europe Parenteral Lipid Emulsion Market Report Highlights
- 1st generation lipid emulsions dominated the market in 2022 owing to the increasing geriatric population and growing burden of non-communicable diseases on healthcare. Also, these lipid emulsion formulation has witnessed a significant demand as it has found its way into lipid rescue during anesthesia toxicity
- Germany dominated the market in 2022 due to a surge in demand from critically ill patients and high prevalence of chronic diseases in the country
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 150 |
| Forecast Period | 2022 – 2030 |
| Estimated Market Value (USD) in 2022 | $640.9 million |
| Forecasted Market Value (USD) by 2030 | $1040 million |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Europe |
Market Dynamics
Market Driver Analysis
- Growing incidence of hospital malnutrition
- Rising prevalence of cancer
- Increasing incidence of gastrointestinal disease
- Rising geriatric population
Market Restraint Analysis
- Risk of infection
- Shortage of parenteral lipid emulsion products
Industry Challenges
- Increased use of Enteral Nutrition (EN)
- Lack of standardization in parenteral nutrition practices and guidelines
Europe Parenteral Lipid Emulsion Market Analysis Tools
- Europe Parenteral Lipid Emulsion Market – Pestle Analysis
- Industry Analysis – Porter’s
- Impact of COVID-19 Pandemic on the Europe Parenteral Lipid Emulsion Market
- Parenteral Nutrition: Reimbursement Framework
Competitive Landscape
- Baxter
- Braun Melsungen AG
- Fresenius SE & Co. KGaA
- Grifols S.A.
For more information about this report visit https://www.researchandmarkets.com/r/94iz2b
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- European Parenteral Lipid Emulsion Market
