Parenteral Nutrition Market to 2017 - Home Care Sector To Witness Strong Market Growth

Document Sample
Parenteral Nutrition Market to 2017 - Home Care Sector To Witness Strong Market Growth Powered By Docstoc
					                 Parenteral Nutrition Market to 2017 - Home Care
                    Sector To Witness Strong Market Growth
 Reference Code: GBIHC096MR                                                                                                   Publication Date: April 2011


                                      GBI Research has found that the global parenteral nutrition (PN) market has been one of the
    The global parenteral             fastest growing markets in the pharmaceutical industry and it is forecast to grow at a healthy rate in
    nutrition (PN) market has         the future as well. The increase in the incidence of diseases that require PN as nutritional support
    been one of the fastest           along with the rise in the elderly population will be the major factors driving the market in the top
    growing markets in the            seven countries (the US, Japan, the UK, Spain, Italy, Germany and France).
    pharmaceutical industry           The Global Parenteral Nutrition Market is Forecast to Show High Growth
    and it is forecast to grow
    at a healthy rate in the          In 2010, the global PN market was estimated to be worth $2,700m, representing a Compound
    future as well                    Annual Growth Rate (CAGR) of 5.3% between 2002 and 2010. The market is forecast to reach
                                      $4,537m by 2017, indicating a CAGR of 7.7% between 2010 and 2017. The primary reasons for
                                      the high growth rate are the increase in the incidence of diseases that require PN as nutritional
                                      support such as cancer, acquired immunodeficiency syndrome (AIDS) and gastrointestinal (GI)
                                      disorders plus a rise in the elderly population.
                                      The global PN market offers a broad portfolio of products. These include single dose amino acid
                                      solutions, lipid emulsions, carbohydrates, vitamins, minerals, trace elements, electrolytes, and ‗all
                                      in one‘ multi-chamber bags (MCBs). The latter contains all the essential nutrients in 2- or 3-
                                      chamber bags and is advantageous over other products as the MCB technology reduces the
                                      preparation time, medication errors and risk of contamination. These advantages will drive the
                                      sales of MCBs in the future and therefore contribute largely to the growth of the global PN market.

                                       Parenteral Nutrition Market, Global, Sales Value ($m), 2002–2017

                                                             5,000


                                                             4,500


                                                             4,000
                                                                                                     CAGR (2010-2017): 7.7%

                                                             3,500
                                          Sales Value ($m)




                                                             3,000


                                                             2,500   CAGR (2002-2010): 5.3%


                                                             2,000


                                                             1,500


                                                             1,000


                                                              500


                                                                0
                                                                          2002                           2010                           2017

                                       Source: GBI Research, GBI Research‘s Internal Database, Company Annual Reports, American Society for Parenteral and
                                       Enteral Nutrition (A.S.P.E.N.)




Parenteral Nutrition Market to 2017 - Home Care                                                                          GBIHC096MR /Published APR 2011
Sector To Witness Strong Market Growth
                                                                                                                                                     Page 1
                                                                                      © GBI Research. This is a licensed product and is not to be photocopied
                                      Top Four Companies Control 94.8% of the Market
                                      The current global PN market is significantly consolidated as the top four players control 94.8% of
                                      the market. Baxter International Inc is the current market leader with a 28% market share in 2009.
                                      Fresenius Kabi follows with a 26.7% market share. B. Braun occupies the third position with a
                                      23.4% market share. Hospira is the fourth largest player accounting for 16.7% of the total PN
                                      market respectively in 2009.
                                      However, the market shares of the top players are expected to witness changes in the future as
                                      Hospira has been suffering product shortages in recent years. This will create opportunities for the
                                      other top companies, with Baxter and B. Braun likely to show positive growth. With merger and
                                      acquisitions (M&A) activity in the PN market at a fairly moderate level, the market share of the big
                                      players may differ considerably in the future.

                                       Parenteral Nutrition Market, Global, Market Share of Top Manufacturers (%), 2009

                                                                                        Others
                                                                                        5.2%

                                                                     Hospira                                        Baxter
                                                                     16.7%                                          28.0%




                                                                  B.Braun
                                                                   23.4%


                                                                                                              Fresenius Kabi
                                                                                                                  26.7%


                                       Source: GBI Research, Company Websites, Annual Reports



                                      Growth Potential in the Parenteral Nutrition Market Favors Acquisitions and Licensing
                                      Agreements
                                      The M&A and licensing agreements between 2004 and 2010 in the global PN market have
                                      remained fairly moderate with six acquisitions and ten major licensing deals. Fresenius Kabi
                                      participated in 66% of the acquisition deals and 10% of the licensing agreements. Regarding other
                                      major players, Baxter and Hospira accounted for 17% each of the total acquisition deals and 30%
                                      each of the total licensing agreements between 2004 and 2010. B. Braun participated in 30% of the
                                      licensing agreements during the same time period. With a large majority of deals involving
                                      approved drugs, this suggests that the market players are showing a strong interest in expanding
                                      their product portfolio and presence in the worldwide PN markets.




Parenteral Nutrition Market to 2017 - Home Care                                                                   GBIHC096MR /Published APR 2011
Sector To Witness Strong Market Growth
                                                                                                                                              Page 2
                                                                               © GBI Research. This is a licensed product and is not to be photocopied
                                      1      Table of Contents
                                      1   Table of Contents ........................................................................................................................ 3
                                          1.1    List of Tables..................................................................................................................... 5
                                          1.2    List of Figures ................................................................................................................... 5
                                      2   Global Parenteral Nutrition Market: Introduction .......................................................................... 7
                                          2.1    GBI Research Report Guidance ....................................................................................... 7
                                      3   Global Parenteral Nutrition Market: Overview.............................................................................. 8
                                          3.1    Clinical Nutrition ................................................................................................................ 8
                                             3.1.1    Enteral Nutrition ....................................................................................................... 10
                                             3.1.2    Parenteral Nutrition.................................................................................................. 11
                                      4   Global Parenteral Nutrition Market: Market Analysis ................................................................. 14
                                             4.1.1    Sales Value ............................................................................................................. 14
                                          4.2    Parenteral Nutrition Market Drivers ................................................................................. 15
                                             4.2.1    Increase in the Incidence of Diseases That Require Nutrition Support .................... 15
                                             4.2.2    Increase in the Elderly Population Will Drive Market Growth ................................... 16
                                             4.2.3    The Home Parenteral Nutrition Sector Will Witness Strong Market Growth ............ 16
                                          4.3    Parenteral Nutrition Market Restraints ............................................................................ 17
                                             4.3.1    Reimbursement Regulations Will Hamper Market Growth ...................................... 17
                                             4.3.2    Increasing Preference for Enteral Nutrition Will Restrain Market Growth ................ 17
                                             4.3.3    Increasing Preference For Multi-Chamber Bags Decreases Cost Of Therapy ........ 17
                                      5   Global Parenteral Nutrition Market: Nutrient Market Segmentation ........................................... 18
                                          5.1    Overview ......................................................................................................................... 18
                                          5.2    Amino Acids Market ........................................................................................................ 19
                                             5.2.1    Global Sales Value .................................................................................................. 19
                                             5.2.2    Sales Value by Geography ...................................................................................... 19
                                          5.3    Lipids Market................................................................................................................... 20
                                             5.3.1    Global Sales Value .................................................................................................. 20
                                             5.3.2    Sales Value by Geography ...................................................................................... 20
                                          5.4    Carbohydrates Market .................................................................................................... 21
                                             5.4.1    Global Sales Value .................................................................................................. 21
                                             5.4.2    Sales Value by Geography ...................................................................................... 21
                                          5.5    Additives Market ............................................................................................................. 22
                                             5.5.1    Global Sales Value .................................................................................................. 22
                                             5.5.2    Sales Value by Geography ...................................................................................... 22
                                      6   Global Parenteral Nutrition Market: Geographical Landscape ................................................... 23
                                          6.1    Geographical Break-up ................................................................................................... 23
                                          6.2    The US ............................................................................................................................ 26
                                             6.2.1    Sales Value ............................................................................................................. 26
                                             6.2.2    Nutrient Market Segmentation ................................................................................. 27
                                             6.2.3    Key Products ........................................................................................................... 28
                                          6.3    Top Five Countries in Europe ......................................................................................... 29
                                             6.3.1    Sales Value ............................................................................................................. 29
                                             6.3.2    Nutrient Market Segmentation ................................................................................. 30
                                             6.3.3    Key Products ........................................................................................................... 31
                                          6.4    Japan .............................................................................................................................. 32
                                             6.4.1    Sales Value ............................................................................................................. 32
                                             6.4.2    Nutrient Market Segmentation ................................................................................. 34
                                             6.4.3    Key Products ........................................................................................................... 35
                                      7   Global Parenteral Nutrition Market: Competitive Landscape ..................................................... 36
                                          7.1    Market Share Analysis: Parenteral Nutrition ................................................................... 36
                                          7.2    Competitive Profiling ....................................................................................................... 37
                                             7.2.1    Baxter International Inc. ........................................................................................... 37
                                             7.2.2    B. Braun Melsungen AG .......................................................................................... 44
                                             7.2.3    Fresenius Kabi AG .................................................................................................. 51


Parenteral Nutrition Market to 2017 - Home Care                                                                                        GBIHC096MR /Published APR 2011
Sector To Witness Strong Market Growth
                                                                                                                                                                              Page 3
                                                                                        © GBI Research. This is a licensed product and is not to be photocopied
                                           7.2.4    Hospira, Inc. ............................................................................................................ 57
                                           7.2.5    Otsuka Pharmaceutical Factory Inc. ........................................................................ 62
                                           7.2.6    Terumo Corporation ................................................................................................ 65
                                      8 Global Parenteral Nutrition Market: Strategic Consolidations .................................................... 69
                                        8.1    Overview ......................................................................................................................... 69
                                        8.2    Major Acquisitions in the Parenteral Nutrition Market ..................................................... 69
                                           8.2.1    Baxter Acquires Willow Healthcare Services in July 2009 ....................................... 71
                                           8.2.2    Fresenius Acquires Novartis Nutrition and Nestle Espana in December 2007 ........ 71
                                           8.2.3    Fresenius Kabi Acquires Infusia A.S. in December 2004 ........................................ 71
                                           8.2.4    Fresenius Kabi Acquires Clinico GmbH in October 2005 ........................................ 71
                                           8.2.5    Fresenius Kabi Acquires Isotec Nutrition from Alliance Pharmaceuticals in May 2004
                                                     ................................................................................................................................ 71
                                           8.2.6    Hospira Acquires Clayton Manufacturing Facility from Fresenius Kabi in June 2004
                                                     ................................................................................................................................ 71
                                        8.3    Major Agreements in the Parenteral Nutrition Market ..................................................... 72
                                           8.3.1    Baxter Signs Agreement with Hanmi Pharmaceuticals in December 2010 ............. 74
                                           8.3.2    Hospira Signs a Five-Year Agreement with Novation in October 2010 ................... 74
                                           8.3.3    B. Braun Signs Agreement with Amerinet Inc in October 2009 ............................... 74
                                           8.3.4    B. Braun Signs Agreement with Premier Purchasing Partners in August 2008 ....... 74
                                           8.3.5    Hospira Announces New Contract with Premier Purchasing Partners in August 2008
                                                     ................................................................................................................................ 74
                                           8.3.6    Hospira Announces New Contract with HealthTrust Purchasing Group in February
                                                    2008 ........................................................................................................................ 75
                                           8.3.7    Baxter and Novation Sign Two-Year Contract Extension in October 2007 .............. 75
                                           8.3.8    Baxter Announced Plans to Form Parenteral Nutrition Joint Venture with Baiyunshan
                                                    in China in November 2006 ..................................................................................... 75
                                           8.3.9    B. Braun Signs Agreement with Curlin Medical in March 2006 ............................... 75
                                           8.3.10 Fresenius Kabi and Pharmatel Pty Ltd. Formed a Joint Venture in September 2004
                                                    75
                                      9 Global Parenteral Nutrition Market: Appendix............................................................................ 76
                                        9.1    Market Definitions ........................................................................................................... 76
                                        9.2    Abbreviations .................................................................................................................. 76
                                        9.3    Research Methodology ................................................................................................... 77
                                           9.3.1    Coverage ................................................................................................................. 77
                                           9.3.2    Secondary Research ............................................................................................... 77
                                           9.3.3    Primary Research .................................................................................................... 78
                                           9.3.4    Expert Panel Validation ........................................................................................... 78
                                        9.4    Contact Us ...................................................................................................................... 78
                                        9.5    Disclaimer ....................................................................................................................... 78
                                        9.6    Sources ........................................................................................................................... 79




Parenteral Nutrition Market to 2017 - Home Care                                                                                        GBIHC096MR /Published APR 2011
Sector To Witness Strong Market Growth
                                                                                                                                                                              Page 4
                                                                                         © GBI Research. This is a licensed product and is not to be photocopied
                                      1.1       List of Tables
                                      Table 1:        Parenteral Nutrition Market, Global, Nutritional Status Assessment, 2011 ...................... 8
                                      Table 2:        Parenteral Nutrition Market, The US, A.S.P.E.N. Guidelines for Parenteral Nutrition,
                                                      2004 ............................................................................................................................... 12
                                      Table 3:        Parenteral Nutrition Market, Global, Sales Value ($m), 2002–2010 ............................... 14
                                      Table 4:        Parenteral Nutrition Market, Global, Sales Value Forecast ($m), 2010–2017 ................ 14
                                      Table 5:        Parenteral Nutrition Market, Global, Market Segmentation, Sales Value ($m), 2010 ..... 18
                                      Table 6:        Parenteral Nutrition Market, Global, Amino Acids Sales Value By Geography ($m), 2010
                                                      ....................................................................................................................................... 19
                                      Table 7:        Parenteral Nutrition Market, Global, Lipids Sales Value By Geography ($m), 2010....... 20
                                      Table 8:        Parenteral Nutrition Market, Global, Carbohydrates Sales Value By Geography ($m),
                                                      2010 ............................................................................................................................... 21
                                      Table 9:        Parenteral Nutrition Market, Global, Additives Sales Value By Geography ($m), 2010 . 22
                                      Table 10:       Parenteral Nutrition Market, Global, Sales Value by Geography ($m), 2002–2010 ....... 24
                                      Table 11:       Parenteral Nutrition Market, Global, Sales Value Forecast by Geography ($m), 2010–
                                                      2017 ............................................................................................................................... 24
                                      Table 12:       Parenteral Nutrition Market, The US, Sales Value ($m), 2002–2010 ............................. 26
                                      Table 13:       Parenteral Nutrition Market, The US, Sales Value Forecast ($m), 2010–2017 .............. 26
                                      Table 14:       Parenteral Nutrition Market, The US, Market Segmentation Sales Value ($m), 2010 .... 27
                                      Table 15:       Parenteral Nutrition Market, Top Five Countries in Europe, Sales Value ($m), 2002–
                                                      2010 ............................................................................................................................... 29
                                      Table 16:       Parenteral Nutrition Market, Top Five Countries in Europe, Sales Value Forecast ($m),
                                                      2010–2017 ..................................................................................................................... 29
                                      Table 17:       Parenteral Nutrition Market, Top Five Countries in Europe, Market Segmentation Sales
                                                      Value ($m), 2010............................................................................................................ 30
                                      Table 18:       Parenteral Nutrition Market, Japan, Sales Value ($m), 2002–2010 ............................... 33
                                      Table 19:       Parenteral Nutrition Market, Japan, Sales Value Forecast ($m), 2010–2017 ................ 33
                                      Table 20:       Parenteral Nutrition Market, Japan, Market Segmentation Sales Value ($m), 2010 ...... 34
                                      Table 21:       Parente
				
DOCUMENT INFO
Shared By:
Stats:
views:108
posted:7/25/2011
language:English
pages:79
Description: Parenteral Nutrition Market to 2017 - Home Care Sector To Witness Strong Market Growth Summary GBI Research has released its latest research, “Parenteral Nutrition Market to 2017 - Home Care Sector to Witness Strong Market Growth”. It provides in-depth analysis of the market size and drivers and barriers that affect the global parenteral nutrition (PN) market. The report analyzes the markets for parenteral nutrition in the US, the top five countries in Europe (the UK, Germany, France, Italy and Spain) and Japan. Sales value is forecast until 2017 for key geographies. Further, the report provides competitive benchmarking for the leading companies and analyzes the mergers and acquisitions (M&A) and licensing agreements that shape the global markets. The report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research’s team of industry experts. The global Parenteral Nutrition (PN) market is rapidly growing with the increasing incidence of diseases such as cancer, AIDS and GI disorders including short bowel syndrome, ischemic bowel disease, pseudo obstruction and Crohn’s disease. The other major factor driving growth of the global PN market is an increase in the elderly population in the developed countries. In 2010, the global PN market was estimated to be worth $2,700m. The US market accounted for 50.7% of the total PN market in 2010. The market in the top five countries in Europe is the second largest PN market, and is estimated to have grown at a CAGR of 4.5% between 2002 and 2010. Scope - Annualized market data for the PN market from 2002 to 2010, forecast forward to 2017. - Analysis of the PN market in the leading geographies of the world, which include the US, the top five countries in Europe (the UK, Germany, France, Italy, Spain) and Japan. - Market segmentation of the PN market which includes the amino acid, lipids, carbohydrates and additives market in th
BUY THIS DOCUMENT NOW PRICE: $3500 100% MONEY BACK GUARANTEED
PARTNER GBI Research
GBI Research is a market-leading provider of business intelligence reports. GBI Research covers worldwide markets and issues, supplies actionable data and forecasts and is driven by industry leaders’ insights. GBI Research provides a broad spectrum of reports across the healthcare and energy industries and its online offering is easy to navigate - a comprehensive resource for business information needs. Headquartered in the UK, the company has branches in the US and Asia, and provides world class client support and service.