Covid 19 Impact Analysis on Oncology Nutrition Market

TMR

4 years ago

Focus on Improving Oncology Care Worldwide to Boost Adoption of Oncology Therapies

Cancer is deemed as one of the most glaring causes of mortality and morbidity across the world. Due to advancements in technology and a significant amount of research, the oncology nutrition market is expected to witness considerable growth in the coming years. Oncology nutrition continues to remain an imperative area of focus for healthcare providers due to a consistent rise in the number of cases of malnutrition induced by tumors worldwide. Oncology nutrition plays an important role in improving bodily resources, tolerance of cancer treatments, and the overall quality of life. The decline in tolerance to cancer therapy is expected to provide fertile grounds of growth for companies operating in the current oncology nutrition market.

The significant rise in nutritional wasting and nutritional risk among cancer patients is a major factor that is anticipated to boost the growth of the oncology nutrition market during the forecast period. Participants in the current market landscape are currently investigating the potential benefits of adopting a multidisciplinary approach wherein targeted nutrition is likely to be imperative to enhance the quality of oncology care. Evolving guidelines, surge in observational studies, and growth in the number of clinical trials worldwide are some of the leading factors that are expected to propel the growth of the market for oncology nutrition in the coming years. At the back of these factors, the global oncology nutrition market is expected to reach ~US$ 1.4 Bn by the end of 2027.

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Progress in Nutritional Screening and Assessment Techniques to Drive Market

Nutritional screening and assessment techniques are integral to detect the identification of patients that are at a greater risk of malnourishment. Several studies have revealed that the incorporation of malnutrition screening in oncology care is expected to improve nutritional assessment and prevent malnutrition among patients. While nutritional risk continues to come under the radar, oncology nutrition is projected to gain a fair amount of momentum over the course of the assessment period. The demand for oncology nutrition is expected to further grow due to the notable surge in the adoption of nutritional assessment programs particularly during cancer cachexia and precachexia. Data collection techniques pertaining to the nutritional status of various patients have progressed at a rapid pace over the past decade. Due to these advancements, tailored oncology nutrition therapies have emerged as an ideal solution for cancer patients who are susceptible to malnutrition.

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Oncology nutrition therapies vary from patients to patients and at present, individualized oncology nutritional counseling has gained considerable pace. Oncology nutrition is increasingly being used to prevent nutritional deterioration among patients who are undergoing cancer care. Oral oncology nutrition is likely to gain considerable popularity as it has emerged as the preferred route of feeding. The demand for oncology nutrition to enhance the quality of life in cancer patients is on the rise– a major factor that is expected to provide a significant boost to the growth of the oncology nutrition market during the assessment period.

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Stringent Guidelines Governing Oncology Nutrition to Influence Market Growth

One of the most glaring challenges that participants in the oncology nutrition market have had to deal with over several decades is the inadequate and unclear guidelines laid down by authoritative bodies due to which, oncology nutrition remained at the backseat. However, with additional research and growing awareness regarding the benefits of oncology nutrition, the structure within the healthcare systems is evolving. At present, within the oncology nutrition market, clinical nutrition specialists and oncologists are increasingly collaborating with each other in their efforts to improve oncology nutrition and oncology care. At present, recently laid down guidelines from different scientific bodies have focused on some key areas that are expected to improve the adoption of oncology nutrition in the coming years, including regular oncology nutritional therapy particularly for malnourished cancer patients, home artificial nutrition prescription, nutritional management, etc. The new guidelines would offer a boost to the adoption of oncology nutrition in the coming years, as the uptake of improved oncology nutrition therapies for cancer patients undergoing chemoradiotherapy is on the rise.