About Gastroparesis Drugs
Gastroparesis is a disease of the muscles of the stomach or the nerves controlling the muscles that affect the normal spontaneous movement of the muscles (motility). This condition results into inadequate grinding of food by the stomach, and poor emptying of food from the stomach into the intestine. This condition is generally treated with nutritional support, drugs that stimulate the muscle to work, drugs for treating nausea and vomiting, and, less often, electrical pacing, and surgery.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.53% |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Gastroparesis Drugs market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Allergan, Plc. (Ireland), Abbott Laboratories (Abbott Arzneimittel GmbH) (United States), AstraZeneca Plc. (United Kingdom), Cadila Pharmaceuticals Ltd. (India), GlaxoSmithKline Plc. (United Kingdom), Neurogastrx, Inc. (United States), Valeant Pharmaceuticals International, Inc. (Canada), Theravance Biopharma (United Kingdom) and Johnson & Johnson (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are ETX Pharma, Inc. (United States) and Evoke Pharma (United States).
Segmentation Overview
AMA Research has segmented the market of Global Gastroparesis Drugs market by Type (Prokinetic Agents, Antiemetic Agents, Botulinum Toxin Injection and Other), Application (Diabetic Gastroparesis, Idiopathic Gastroparesis and Post-Surgical Gastroparesis) and Region.
On the basis of geography, the market of Gastroparesis Drugs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-users, the sub-segment i.e. Hospitals will boost the Gastroparesis Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacies will boost the Gastroparesis Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Diagnosis, the sub-segment i.e. Gastric Emptying Tests (Scintigraphy and Breath tests) will boost the Gastroparesis Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in the Medical Science
Market Growth Drivers:
Increased Prevalence of DIabetes among People and Rise in the Number of Surgeries Performed Worldwide
Challenges:
Time-consuming Regulatory Process
Restraints:
Side Effects of the Gastroparesis Drugs
Opportunities:
Growth in the Geriatric Population Worldwide and Growing Healthcare Sector Worldwide
Market Leaders and their expansionary development strategies
In August 2021, Teva Pharmaceuticals announces the acquisition of Takeda Pharmaceuticals' non-core assets, including their portfolio of gastroparesis drugs.
In June 2023, Enteris Biopharma receives FDA approval for its new delayed-release formulation of domperidone, specifically designed for the treatment of gastroparesis.
Key Target Audience
Gastroparesis Drugs Manufacturers, Raw Material Suppliers', Distributors, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.