The Gastroparesis Global Market Report 2023, provides comprehensive information on the gastroparesis market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global gastroparesis market is expected to grow from $6.08 billion in 2022 to $6.44 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The gastroparesis market is expected to reach $7.77 billion in 2027 at a CAGR of 4.8%.
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The development of an advanced drug for the treatment of gastroparesis is a key trend gaining popularity in the gastroparesis market. Major companies operating in the gastroparesis market are developing innovative drug formulations to sustain their position in the market. For instance, in June 2020, Evoke Pharma, a US-based pharmaceuticals company, received approval for its metoclopramide nasal spray from the US Food and Drug Administration, a US-based health regulatory agency for treating gastroparesis. The new formulation is the first and only nasally administered medication for treating acute and recurrent diabetic gastroparesis.
The gastroparesis market is segmented:
1) By Treatment Modality: Medications, Dietary Modifications, Medical Devices, Other Therapies
2) By Gastroparesis Type: Idiopathic, Diabetic, Post- Surgical, Other Types
3) By Patient Demographics: Pediatric Gastroparesis, Adult Gastroparesis
4) By Distribution Channel: Retail Pharmacies, Hospital Pharmacies, Other Distribution Channels
5) By End User: Hospitals And Clinics, Ambulatory Surgical Centers, Home Care Settings
North America was the largest region in the gastroparesis market in 2022.
The table of contents in TBRC’s gastroparesis market report includes:
1. Executive Summary
2. Gastroparesis Market Characteristics
3. Gastroparesis Market Trends And Strategies
4. Gastroparesis Market – Macro Economic Scenario
5. Global Gastroparesis Historic Market Size and Growth, 2017 – 2022, Value ($ Billion)
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32. Global Gastroparesis Market Competitive Benchmarking
33. Global Gastroparesis Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Gastroparesis Market
35. Gastroparesis Market Future Outlook and Potential Analysis
36. Appendix
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