Global Oncology Nutrition Market guarantees you will remain better informed than your competition. This study provides the broader perspective of the market place with its comprehensive market insights and analysis which eases surviving and succeeding in the market. Global Oncology Nutrition market report through its market research helps improve and modify products so that the necessary changes to the future products can be made and more satisfaction is presented to the valuable customers.
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the Oncology Nutrition market is expected to reach USD 2.21 Billion by 2023 from an estimated USD 1.46 Billion in 2018, at a CAGR of 8.7% during the forecast period.
The report analyzes and studies the major drivers, restraints, opportunities, and challenges of the Oncology Nutrition Market in North America, Europe, Asia Pacific, and the Rest of the World (RoW). The high incidence of sports injuries, growing geriatric population, rising inclination of patients and hospitals towards minimally invasive surgeries, technological advancements in arthroscopy products, and an efficient reimbursement system in developed countries are some of the factors driving the growth of the market.
By cancer type, the head and neck cancers segment accounted for the largest share of the market
On the basis of type of cancer, the head and neck cancers segment accounted for the largest share of the Oncology Nutrition Market. This can be attributed to the use of tube feeding formulas for patients with head and neck cancers as conditions such as severe mucositis, xerostomia, dyspepsia, and nausea vomiting in these patients limits nutritional intake.
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North America dominated the market
North America accounted for the largest share of the Oncology Nutrition Market in 2017, followed by Europe. This regional segment shows significant market growth owing to the increasing prevalence of chronic diseases and disorders, coupled with rapidly growing aging population, which shows greater susceptibility to chronic and acute disorders than other population segments. In addition, long-term care facilities such as homecare hospices, nursing homes, and assisted living facilities have emerged as efficient alternatives to hospitals.
Key Market Players
The prominent players in the Oncology Nutrition Market are Abbott Laboratories (US), Nestle S.A. (Switzerland), Danone (France), Fresenius Kabi AG (Germany), and B. Braun Melsungen AG (Germany).
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