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Rx Medical Food Market To Surpass Us$ 26,455.7 Million Threshold By 2025 Globally On Account Of Increasing Regulatory Support
Rx Medical Food Market To Surpass Us$ 26,455.7 Million Threshold By 2025
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REPORT DESCRIPTION
Rx Medical Food Market : Overview
The Global Rx Medical Food Market, by product type (pills, powders, liquids, and others
(wafers, chewables and bars)), by therapeutic application (pain management, sleep disorder,
neurological disorder, GI disorder, pulmonary disorders, metabolic disorders, and others
(fibrosis, dialysis, aids, etc.)), by distribution channel (retail pharmacies and online
pharmacies), and by region (North America, Latin America, Europe, Asia Pacific, Middle
East, and Africa) was valued at US$ 14,504.6 million in 2016 and is projected to exhibit a
CAGR of 7.0% over the forecast period (2017–2025), as highlighted in a new report
published by Coherent Market Insights. Growing regulatory support, increasing awareness
about medical food in emerging economies and advantages over drug therapies are expected
to be the major factors driving growth of the global Rx medical food market over the forecast
period.
© Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION
Rx Medical Food Market:Key Takeaways
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The global Rx medical food market is expected to exhibit a CAGR of 0% over the forecast
period (2017–2025), owing to the presence of high potential, especially in Asia Pacific,
Latin America, the Middle East, and Africa
Novel product developments for varying disease conditions and increasing
awareness about the health benefits of medical food is expected to drive growth
of the global Rx medical food market
The U.S. congress has passed a National Defense Authorization Act in 2017, to
cover costs of medical food under Tricare (military healthcare). This step is
expected to support patients suffering from medical conditions and consuming
medical food. This category was previously not covered for reimbursement under
prescription drug plans.
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https://www.coherentmarketinsights.com/insight/request-sample/909
© Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION
Rx Medical Food Market : Key Players
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Abbott Laboratories
Danone, Mead Johnson & Company
LLC
Fresenius Kabi AG
Nestle
Primus Pharmaceuticals
Inc.
Targeted Medical Pharma
Enzymotec ltd.
AlfaSigma
Pivotal Therapeutics.
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https://www.coherentmarketinsights.com/market-insight/rx-medical-foodmarket-909
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pranali
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