Gastroparesis Treatment Market Overview

As per the reports of the Market Research Future (MRFR), The Gastroparesis Treatment Market is anticipated to reach USD 7,768.31 million by 2030 at 3.20% CAGR during the forecast period 2022-2030.. Gastroparesis treatment market is burgeoning in sync with the growing implementation of strategies from various companies. Gastroparesis is an abnormality where the stomach delays the gastric emptying process due to some partial paralysis. Gastric muscles and vagus nerve play a significant role in the digestive system. Gastric muscles contract to push the food down towards small intestines. Vagus nerve controls the functions of small intestines. But if they are damaged, then the food goes down slowly, leading to symptoms like nausea, gastroesophageal reflux, feeling of fullness, bloating, loss of appetite, and pain. Diabetes can be considered as a trigger of the disease. Mostly young adult women register cases of such problem. MRFR while discussing the report included segmental analysis and drivers that can impact the Gastroparesis Treatment Market in detail for a holistic understanding. Profiles of market players have been updated as well in the report.

Gastroparesis is getting registered more due to the increasing prevalence of diabetes and post-surgical complications. New drug entry is also one major reason that can give the gastroparesis market traction. Participation from several big-shots in developing new, specific drugs can also be considered healthy for the market expansion. At the same time, the gastroparesis market can explore the mostly untapped market of India and China. The large patient pool of these countries can assist the market in securing substantial revenue.

On the flip side, lack of awareness regarding the gastroparesis treatment can hinder the normal growth rate of the gastroparesis market in the coming years.

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Gastroparesis Treatment Market Segmentation

MRFR report segments the global gastroparesis treatment market by type, drug class, and treatment.

Based on the type, the gastroparesis treatment market can be segmented into idiopathic, diabetic, post-surgical and others. Idiopathic leads the segment by fetching in substantial revenue. Diabetic is expected to be the fastest growing segment during the forecast period.

Based on the drug class, the gastroparesis treatment market includes prokinetic drugs, antiemetics, antidepressants, and others.

Based on the treatment, the gastroparesis treatment market can be segmented into jejunostomy, gastric electric stimulation (GES) and parenteral nutrition. Jejunostomy, at present, has the maximum market share.

Gastroparesis Treatment Market Regional Analysis

By region, the gastroparesis treatment market report covers the latest trends and growth opportunities across Europe, the Americas, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the Americas will remain at the forefront in the market over the forecast period. This is owing to the region’s good reimbursement scenario and constant technological advancement. Moreover, an increase in the number of diabetic patients in the region is also boosting the market growth. Diabetic gastroparesis is a major type of gastroparesis that is affecting the population in this region. 

The gastroparesis treatment market in Europe is predicted to have the second-largest share in the market over the forecast period, but the sluggish economy in this region is predicted to restrict the market growth. 

The gastroparesis treatment market in the APAC region is predicted to grow at the highest CAGR over the forecast period. This is owing to unmet needs, larger patient population, rise in product approvals, and government focus to improve health care facilities. 

The gastroparesis treatment market in the MEA will have slow growth in the market over the forecast period. 

Key Players 

Leading players profiled in the gastroparesis treatment market report include Rhythm Pharmaceuticals, Inc., Evoke Pharma, Alfa Wassermann SPA, Cardinal Health, Inc., Janssen Global Services, LLC, C. R. Bard, Inc., Boston Scientific Corporation, Salix Pharmaceuticals, Inc., Abbott Laboratories, Kimberly-Clark Corporation, and Medtronic. Key players adopted strategies such as expansions, collaborations, research and development, mergers and acquisitions, and more to strengthen their position in the market. 

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