Rx medical food market

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.

Š 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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REPORT DESCRIPTION Rx Medical Food Market : Key Players ● ● ● ● ● ● ● ● ● ● ●

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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