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Leading Growth Driver in the Gastroparesis Drugs Market in 2025: Increasing Prevalence Of Diabetes Fuels Growth In The Gastroparesis Drugs Market Driver's Influence
Gastroparesis Drugs Market
The growing prevalence of diabetes is expected to fuel the growth of the gastroparesis drugs market. Diabetes is characterized by high blood sugar levels resulting from insufficient insulin production or the body's inability to use insulin effectively. The rising incidence of diabetes is linked to sedentary lifestyles, poor diets, obesity, and aging populations. Diabetic patients often require gastroparesis drugs to manage symptoms like nausea and delayed gastric emptying. In March 2024, the UK's Office for Health Improvement & Disparities reported a 22% increase in the number of individuals with type 1 diabetes receiving all recommended care processes, highlighting the rising need for such treatments. Therefore, the growing prevalence of diabetes is driving the gastroparesis drugs market's expansion.
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What Is the projected market size and growth rate for the gastroparesis drugs market?
The gastroparesis drugs market has grown strongly in recent years. It is projected to increase from $5.39 billion in 2024 to $5.73 billion in 2025, at a CAGR of 6.3%. The growth is due to the side effects of current treatments, research into gastrointestinal motility, patient advocacy, and regulatory support.
The gastroparesis drugs market is expected to reach $7.2 billion by 2029, growing at a CAGR of 5.9%. The growth is driven by the increasing prevalence of diabetes, an aging population, better diagnosis, and higher healthcare expenditures. Trends include advancements in gastroenterology, diagnostic improvements, and research funding.
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What new trends are reshaping the gastroparesis drugs market and its opportunities?
Leading companies in the gastroparesis drugs market are launching innovative products like the Gimoti (metoclopramide) nasal spray to gain a competitive advantage. Gimoti is a nasal spray used to treat gastroparesis symptoms by enhancing stomach emptying and bypassing the gastrointestinal tract for faster absorption. In April 2022, Evoke Pharma Inc., a US-based pharmaceutical company, announced that the FDA granted new drug exclusivity for Gimoti, providing exclusive marketing rights for three years and protecting the product from generic competition.
What major market segments define the scope and growth of the gastroparesis drugs market?
The gastroparesis drugs market covered in this report is segmented -
1) By Drug Type: Over-the-counter (OTC) Drugs, Prescription Drugs
2) By Drug Class: Prokinetic Agents, Antiemetic Drugs, Proton Pump Inhibitors, Other Drug Classes
3) By Disease Type: Diabetic Gastroparesis, Post-Surgical Gastroparesis, Idiopathic Gastroparesis, Other Disease Types
4) By Route Of Administration: Oral, Injectables, Other Routes Of Administration
5) By Distribution Channel: Hospitals, Pharmacies, Clinics, E-commerce
Subsegments:
1) Over-the-counter (OTC) Drugs: Antacids, Anti-Nausea Medications, Antiemetics, Digestive Enzyme Supplements
2) Prescription Drugs: Prokinetic Agents, Antiemetic Drugs, Antibiotics, Antidepressants
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Which geographical regions are pioneering growth in the gastroparesis drugs market?
North America was the largest region in the gastroparesis drugs market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gastroparesis drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Which key market leaders are driving the gastroparesis drugs industry growth?
Major companies operating in the gastroparesis drugs market are Pfizer Inc., AbbVie Inc., Bayer AG, Sanofi SA., AstraZeneca plc, Abbott Laboratories, GSK plc, Takeda Pharmaceutical Inc., Teva Pharmaceutical Inc., Otsuka Pharmaceutical Co. Ltd., Bausch Health Companies Inc., Eisai Co. Ltd., Evoke Pharma Inc., Cadila Pharmaceuticals, Cipla Ltd., Neurogastrx Inc., Ipca Laboratories Ltd., ANI Pharmaceuticals Inc., Salix Pharmaceuticals Inc., Vanda Pharmaceuticals Inc., Theravance Biopharma Inc., Rhythm Pharmaceuticals Inc., Processa Pharmaceuticals Inc., Aclipse Therapeutics LLC, ETX Pharma Inc.
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What Is Covered In The Gastroparesis Drugs Global Market Report?
•Market Size Forecast: Examine the gastroparesis drugs market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the gastroparesis drugs market for a structured understanding.
•Key Players Overview: Analyze major players in the gastroparesis drugs market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the gastroparesis drugs market.
•Segment Contributions: Evaluate how different segments drive overall growth in the gastroparesis drugs market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the gastroparesis drugs market.
•Industry Challenges: Identify potential risks and obstacles affecting the gastroparesis drugs market.
•Competitive Landscape: Review strategic developments in the gastroparesis drugs market, including expansions, agreements, and new product launches.
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