Press release
Gastroparesis Drugs Market Booms Amid Rising GI Disorders - Breakthrough Therapies Drive Global Demand 2025 | Top key players - Aeromatic Healthcare, AstraZeneca Plc, Cadila Pharmaceuticals Ltd.
The Global Gastroparesis Drugs Market reached US$ 7.50 billion in 2023 and is expected to reach US$ 10.96 billion by 2031, growing at a CAGR of 4.9% during the forecast period 2024-2031.The Gastroparesis Drugs Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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The Gastroparesis Drugs Market comprises pharmaceutical treatments aimed at managing delayed gastric emptying, a condition known as gastroparesis. These drugs include prokinetics, antiemetics, and other therapies that help alleviate symptoms such as nausea, vomiting, bloating, and abdominal pain. The market is driven by rising prevalence, growing awareness, and advancements in drug development targeting gastrointestinal motility disorders.
Prominent Industry players in the Gastroparesis Drugs Market
The prominent players in Gastroparesis Drugs market research report are: Aeromatic Healthcare, AstraZeneca Plc, Cadila Pharmaceuticals Ltd, Evoke Pharma, Neurogastrx, Inc., Teva Pharmaceutical Industries among others.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry News:
In August 2022, Processa Pharmaceuticals, Inc. began its Phase 2A clinical trial for PCS12852, enrolling the first patient diagnosed with moderate to severe gastroparesis. This trial marks a key step in evaluating the drug's potential to address the debilitating symptoms associated with delayed gastric emptying.
In February 2022, Vanda Pharmaceuticals Inc. released the results from its Phase III clinical trial (VP-VLY-686-3303), demonstrating the efficacy and safety of its investigational treatment, precipitant, in alleviating symptoms of gastroparesis. The findings support precipitant's potential as a promising therapeutic option for patients with this chronic gastrointestinal condition.
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Market Segments
By Drug Type: Prokinetic Agents, Antiemetic Agents, Antianxiety Agents, Botulinum Toxin Injections, Others.
By Disease Type: Diabetic Gastroparesis, Idiopathic Gastroparesis, Postsurgical Gastroparesis.
By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies.
The Gastroparesis Drugs industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
Regions Covered:
The global Gastroparesis Drugs Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What is driving the growth of the Gastroparesis Drugs Market?
✒ Who are the prominent players in the Gastroparesis Drugs Market?
✒ How is the regulatory landscape affecting the Gastroparesis Drugs Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Gastroparesis Drugs Market?
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