Gastroparesis Treatment Market Reflect Impressive Growth With Eminent Players Like Medtronic, Kimberly-Clark Co., Abbott Laboratories, Boston Scientific Co, C. R. Bard Inc. Etc. By 2023

The Global Gastroparesis Treatment Market has been evaluated as a growing market. The global market for Gastroparesis treatment is expected to reach around USD 5,323.62 million by the end of the forecast period and is expected to grow at a CAGR of ~ 3.8 %. Medtronic leads the market in the Gastric electric stimulation (GES) devices. Product development and increasing research and development in the device and implants segment is expected to yield the largest growth.

The drugs product type segment is expected to account for the maximum market share of the global Gastroparesis Treatment Market. Prokinetic medications that stimulate gastric emptying, including metoclopramide, erythromycin, and domperidone, lead the drug segment. Although Idiopathic Gastroparesis leads the market share the Diabetic Gastroparesis is the fastest growing segment. Gastric electric stimulation (GES) etc. will however grow at a faster level as compared to drug segment.

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The product development strategy is the best when it comes to be the market leader. There is a need of novel drug with greater efficacy and low side effects. The device segment is the segment to watch as there will be greater growth and has a high potential for product development such as miniaturization.

Latest developments include the ability to activate and program the device externally. Another development is connecting the link with mobile apps to have a detailed record and analysis of the working of the device. Jejunostomy leads the surgery treatment which involves bypassing the gastric area so as to speed up the passage of food.

Global Gastroparesis Treatment Market - Key Players

Some of the key players in this market are:

Medtronic
Kimberly-Clark Corporation
Abbott Laboratories
Salix Pharmaceuticals Inc.
Boston Scientific Corporation
R. Bard Inc.
Janssen Global Services LLC
Cardinal Health Inc.
Alfa Wassermann SPA
Evoke Pharma
Rhythm Pharmaceuticals Inc.

Global Gastroparesis Treatment Market - Segmentation

Global Gastroparesis Treatment market has been segmented on the basis of Gastroparesis type which comprises idiopathic, diabetic, post-surgical and others. On the basis of drug class, the market comprises of prokinetic drugs, antiemetics, antidepressants and others. On the basis of other treatment; market is segmented into jejunostomy, gastric electric stimulation (GES) and parenteral nutrition.

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Global Gastroparesis Treatment Market - Regional Analysis

Depending on geographic region, Gastroparesis Treatment market is segmented into four key regions: America, Europe, Asia Pacific, and Middle East & Africa. Globally, America is the largest market for Gastroparesis Treatment as there is a consistent technological advancement and good reimbursement scenario. Europe is the second-largest market for Gastroparesis Treatment. Asia Pacific region is expected to generate fastest growth due to larger population and unmet needs.

Major Table of Contents

1 Introduction

1.1 Definition

1.2 Scope of Study

1.3 Research Objective

1.4 Assumptions & Limitations

1.5 Market Structure:

2 Research Methodology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

3 Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

3.5 Macroeconomic Indicators

4 Market Factor Analysis

Continued…

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