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Gastroparesis Market 2023 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Pfizer Inc., GlaxoSmithKline plc., Abbott Laboratories Inc., AstraZeneca Plc., Medtronic Plc., Takeda Pharmaceutical Company Limited
Gastroparesis Global Market Report
The Business Research Company's Gastroparesis Global Market Report 2023 identifies the increasing prevalence of gastroparesis is expected to propel the growth of the gastroparesis market. Gastroparesis is a medical condition that stops or delays food movement from the stomach to the small intestine. Hypothyroidism, autoimmune diseases, injury to the vagus nerve, and viral stomach infections cause gastroparesis. Gastroparesis medicine tightens and contracts the muscles in the stomach wall and improves gastric emptying.
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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Major players in the gastroparesis market are Pfizer Inc., GlaxoSmithKline plc., Abbott Laboratories Inc., AstraZeneca Plc., Medtronic Plc., Takeda Pharmaceutical Company Limited, Novo Nordisk AS, Johnson And Johnson Services Inc., Teva Pharmaceutical Industries Ltd, AbbVie Inc., Boston Scientific Corporation, Bausch Health Companies Inc., Cadila Pharmaceuticals Ltd., Daewoong Pharmaceutical co. ltd, ReGenXBio Inc., ANI Pharmaceuticals Inc., Dompe Farmaceutici S.p.A, Sucampo Pharmaceuticals Inc., Ironwood Pharmaceuticals Inc., Orexo AB, Theravance Biopharma Inc., RQI Partners LLC., RedHill Biopharma Ltd., Synthorx Inc., Valeant Pharmaceuticals International Inc., CinRx Pharma LLC., Ritter Pharmaceuticals Inc., Evoke Pharma Inc., Metacrine Inc., and Neurogastrx Inc.
A key trend in the Gastroparesis market includes 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.
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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
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Gastroparesis market.
The Business Research Company's "Global Gastroparesis Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Gastroparesis Market Include:
1. Executive Summary
2. Gastroparesis Market Characteristics
3. Gastroparesis Market Trends And Strategies
4. Gastroparesis Market - Macro Economic Scenario
5. Gastroparesis Market Size And Growth
……
27. Gastroparesis Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Gastroparesis Market
29. Gastroparesis Market Future Outlook and Potential Analysis
30. Appendix
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