The high prevalence of chronic diseases is expected to propel the growth of the clinical nutrition market. According to the study, “Global and regional diabetes prevalence estimates for 2019 and projections for 2030 and 2045: Results from the International Diabetes Federation Diabetes Atlas, 9th edition”, published in the journal Diabetes Research and Clinical Practice, in September 2019, 463 million people are expected to suffer from diabetes in 2019 worldwide and the number is expected to reach 578 million by 2030 and 700 million by 2045.
Clinical nutrition is the management of patients in medical health care. In this sense, clinical refers to both outpatients in medical facilities, including those in hospitals, and inpatients in many clinics. It includes mainly the areas of dietetics and nutrition.
As a health care science, clinical nutrition addresses the nutrition problems of specific groups of people, usually those with special medical conditions or symptoms. Nutritional research, in particular, has been an area of growing importance in recent years, which in turn has led to significant development in the clinical nutrition market. Some of the issues are weight control, diabetes, heart disease, osteoporosis, cancer, and some of the nutritional deficiencies common in the developed world. The field has had a troubled history since its inception, with traditional methods being challenged by increasing numbers of cases of clinical malnutrition. However, new techniques for identifying, and even eliminating these cases have led to a marked improvement.
Clinical nutritionists and dietitians play an important role in the clinical nutrition market. Clinical nutritionists are generally trained dietitians and may follow a career path where they specialize in either one or the other. However, other nutritionists work as dietitians in various clinics. They meet regularly with patients and develop plans for managing the patient's nutrition program.
The emergence of Covid-19 is expected to offer lucrative growth opportunities for players in the clinical nutrition market. Globally, as of 4:26 pm CEST, 2 June 2021, there have been 170,812,850 confirmed cases of COVID-19, including 3,557,586 deaths, reported to the World Health Organization.
Major players in the clinical nutrition market are focused on adopting M&A strategies to enhance their market share. In June 2021, Guardion Health Sciences, Inc., a clinical nutrition and diagnostics company acquired Adare Pharmaceuticals, Inc., a subsidiary of Adare Pharmaceuticals, Inc. and manufacturer of the Viactiv line of chewable mineral supplements for bone health and other applications.