The gastroparesis market size has grown strongly in recent years. It will grow from $6.44 billion in 2023 to $6.8 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to factors such as an aging population, a rising prevalence of diabetes, an enhanced understanding of gastrointestinal disorders, evolving treatment protocols, and increased awareness about gastroparesis.
The gastroparesis market size is expected to see steady growth in the next few years. It will grow to $8.19 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to the development of novel therapeutic options, the expansion of personalized medicine approaches, the integration of digital health solutions, the rise in healthcare infrastructure, and an increasing focus on early diagnosis. Major trends in the forecast period include advancements in gastric electrical stimulation therapy, growing research in stem cell therapy, the adoption of minimally invasive surgical interventions, increased use of wearable health monitoring devices, and a focus on patient-centric care models.
The increasing prevalence of gastroparesis is expected to drive the growth of the gastroparesis market. Gastroparesis, a medical condition that halts or delays the movement of food from the stomach to the small intestine, is caused by factors such as hypothyroidism, autoimmune diseases, injury to the vagus nerve, and viral stomach infections. Medications for gastroparesis work by tightening and contracting the muscles in the stomach wall, improving gastric emptying. For instance, a research study published by Practice Update, an online publisher of research articles based in the Netherlands, reported an overall prevalence rate of 267.7 per 100,000 persons for gastroparesis in the US in 2021. The prevalence rate for definite gastroparesis was 21.5 per 100,000 persons. Therefore, the increasing prevalence of gastroparesis is fueling the growth of gastroparesis treatment.
The rapid surge in the prevalence of diabetes is expected to contribute to the growth of the gastroparesis market in the future. Diabetes, a chronic medical condition characterized by elevated blood glucose levels due to insufficient insulin production or ineffective use of produced insulin, significantly increases the risk of developing gastroparesis. Diabetes plays a crucial role in expanding the population at risk for this condition. For instance, as of December 2021, the International Diabetes Federation (IDF), a Belgium-based national diabetes association, reported approximately 537 million adults living with diabetes in 2021. This number is projected to rise to 643 million by 2030 and reach 783 million by 2045. Therefore, the rapid surge in the prevalence of diabetes is propelling the gastroparesis market.
The anticipated growth of the gastroparesis market is expected to be driven by the increasing proportion of aging individuals. Aging individuals refer to those who are advancing in age or undergoing the aging process. The aging population significantly impacts the gastroparesis market due to an elevated prevalence among older individuals, associations with age-related conditions, and distinctive challenges in diagnosing and managing gastroparesis in the elderly. For example, in June 2023, the United States Census Bureau, a US-based government agency, reported a 0.2-year increase in the country's median age to 38.9 years in 2022 from 2021 to 2022, indicating a continued aging trend in the population. Hence, the growing proportion of aging individuals is propelling the gastroparesis market.
Major companies in the gastroparesis market are investing in innovative devices to enhance their market position and profitability. Devices designed for gastroparesis treatment are medical tools or equipment aimed at managing or alleviating symptoms related to delayed stomach emptying. For instance, in 2022, Enterra Medical Inc., a US-based medical device company, introduced the Enterra Therapy for treating gastroparesis. The Enterra Therapy system utilizes an implanted neurostimulator to deliver gentle electrical pulses, offering potential relief for symptoms such as chronic nausea and vomiting associated with gastroparesis. This therapy is intended for individuals aged 18 to 70 experiencing chronic, intractable (drug-refractory) nausea and vomiting linked to gastroparesis of diabetic or idiopathic origin.
Major companies in the gastroparesis market are also developing drugs to bolster their profitability. Drugs used in gastroparesis treatment serve various purposes to address symptoms associated with delayed stomach emptying. For example, in December 2023, Vanda Pharmaceuticals Inc., a US-based biopharmaceutical company, announced that the U.S. FDA had accepted the New Drug Application for Tradipitant. This development represents a significant step toward potential approval for treating gastroparesis, with the FDA setting the decision date for Tradipitant under the Prescription Drug User Fee Act (PDUFA) on September 18, 2024. If successful, Tradipitant would be the first FDA-approved novel drug for gastroparesis in over 40 years, marking a significant milestone in more than three decades for a drug specifically undergoing FDA review for gastroparesis.
Major companies operating in the gastroparesis market report 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., Neurogastrx Inc.
North America was the largest region in the gastroparesis market in 2023. The regions covered in the gastroparesis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the gastroparesis market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary treatment modalities for gastroparesis include medications, dietary modifications, medical devices, and other approaches. Medications are substances that interact with the body's biological processes to produce a desired effect. Prokinetic drugs, antiemetics, botulinum toxin injections, antidepressants, and other medications are utilized to diagnose, treat, cure, or prevent gastroparesis. These medications are employed in the treatment of various types of gastroparesis, including idiopathic, diabetic, post-surgical, and others, in both pediatric and adult patients. They are distributed through retail pharmacies, hospital pharmacies, and other channels, making them accessible to hospitals and clinics, ambulatory surgical centers, and home care settings.
The gastroparesis research report is one of a series of new reports that provides gastroparesis market statistics, including the gastroparesis industry's global market size, regional shares, competitors with gastroparesis market share, detailed gastroparesis market segments, market trends and opportunities, and any further data you may need to thrive in the gastroparesis industry. This gastroparesis market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The gastroparesis market consists of sales of metoclopramide, domperidone, and erythromycin. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The gastroparesis market size is expected to see steady growth in the next few years. It will grow to $8.19 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to the development of novel therapeutic options, the expansion of personalized medicine approaches, the integration of digital health solutions, the rise in healthcare infrastructure, and an increasing focus on early diagnosis. Major trends in the forecast period include advancements in gastric electrical stimulation therapy, growing research in stem cell therapy, the adoption of minimally invasive surgical interventions, increased use of wearable health monitoring devices, and a focus on patient-centric care models.
The increasing prevalence of gastroparesis is expected to drive the growth of the gastroparesis market. Gastroparesis, a medical condition that halts or delays the movement of food from the stomach to the small intestine, is caused by factors such as hypothyroidism, autoimmune diseases, injury to the vagus nerve, and viral stomach infections. Medications for gastroparesis work by tightening and contracting the muscles in the stomach wall, improving gastric emptying. For instance, a research study published by Practice Update, an online publisher of research articles based in the Netherlands, reported an overall prevalence rate of 267.7 per 100,000 persons for gastroparesis in the US in 2021. The prevalence rate for definite gastroparesis was 21.5 per 100,000 persons. Therefore, the increasing prevalence of gastroparesis is fueling the growth of gastroparesis treatment.
The rapid surge in the prevalence of diabetes is expected to contribute to the growth of the gastroparesis market in the future. Diabetes, a chronic medical condition characterized by elevated blood glucose levels due to insufficient insulin production or ineffective use of produced insulin, significantly increases the risk of developing gastroparesis. Diabetes plays a crucial role in expanding the population at risk for this condition. For instance, as of December 2021, the International Diabetes Federation (IDF), a Belgium-based national diabetes association, reported approximately 537 million adults living with diabetes in 2021. This number is projected to rise to 643 million by 2030 and reach 783 million by 2045. Therefore, the rapid surge in the prevalence of diabetes is propelling the gastroparesis market.
The anticipated growth of the gastroparesis market is expected to be driven by the increasing proportion of aging individuals. Aging individuals refer to those who are advancing in age or undergoing the aging process. The aging population significantly impacts the gastroparesis market due to an elevated prevalence among older individuals, associations with age-related conditions, and distinctive challenges in diagnosing and managing gastroparesis in the elderly. For example, in June 2023, the United States Census Bureau, a US-based government agency, reported a 0.2-year increase in the country's median age to 38.9 years in 2022 from 2021 to 2022, indicating a continued aging trend in the population. Hence, the growing proportion of aging individuals is propelling the gastroparesis market.
Major companies in the gastroparesis market are investing in innovative devices to enhance their market position and profitability. Devices designed for gastroparesis treatment are medical tools or equipment aimed at managing or alleviating symptoms related to delayed stomach emptying. For instance, in 2022, Enterra Medical Inc., a US-based medical device company, introduced the Enterra Therapy for treating gastroparesis. The Enterra Therapy system utilizes an implanted neurostimulator to deliver gentle electrical pulses, offering potential relief for symptoms such as chronic nausea and vomiting associated with gastroparesis. This therapy is intended for individuals aged 18 to 70 experiencing chronic, intractable (drug-refractory) nausea and vomiting linked to gastroparesis of diabetic or idiopathic origin.
Major companies in the gastroparesis market are also developing drugs to bolster their profitability. Drugs used in gastroparesis treatment serve various purposes to address symptoms associated with delayed stomach emptying. For example, in December 2023, Vanda Pharmaceuticals Inc., a US-based biopharmaceutical company, announced that the U.S. FDA had accepted the New Drug Application for Tradipitant. This development represents a significant step toward potential approval for treating gastroparesis, with the FDA setting the decision date for Tradipitant under the Prescription Drug User Fee Act (PDUFA) on September 18, 2024. If successful, Tradipitant would be the first FDA-approved novel drug for gastroparesis in over 40 years, marking a significant milestone in more than three decades for a drug specifically undergoing FDA review for gastroparesis.
Major companies operating in the gastroparesis market report 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., Neurogastrx Inc.
North America was the largest region in the gastroparesis market in 2023. The regions covered in the gastroparesis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the gastroparesis market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary treatment modalities for gastroparesis include medications, dietary modifications, medical devices, and other approaches. Medications are substances that interact with the body's biological processes to produce a desired effect. Prokinetic drugs, antiemetics, botulinum toxin injections, antidepressants, and other medications are utilized to diagnose, treat, cure, or prevent gastroparesis. These medications are employed in the treatment of various types of gastroparesis, including idiopathic, diabetic, post-surgical, and others, in both pediatric and adult patients. They are distributed through retail pharmacies, hospital pharmacies, and other channels, making them accessible to hospitals and clinics, ambulatory surgical centers, and home care settings.
The gastroparesis research report is one of a series of new reports that provides gastroparesis market statistics, including the gastroparesis industry's global market size, regional shares, competitors with gastroparesis market share, detailed gastroparesis market segments, market trends and opportunities, and any further data you may need to thrive in the gastroparesis industry. This gastroparesis market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The gastroparesis market consists of sales of metoclopramide, domperidone, and erythromycin. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Gastroparesis Market Characteristics3. Gastroparesis Market Trends and Strategies32. Global Gastroparesis Market Competitive Benchmarking33. Global Gastroparesis Market Competitive Dashboard34. Key Mergers and Acquisitions in the Gastroparesis Market
4. Gastroparesis Market - Macro Economic Scenario
5. Global Gastroparesis Market Size and Growth
6. Gastroparesis Market Segmentation
7. Gastroparesis Market Regional and Country Analysis
8. Asia-Pacific Gastroparesis Market
9. China Gastroparesis Market
10. India Gastroparesis Market
11. Japan Gastroparesis Market
12. Australia Gastroparesis Market
13. Indonesia Gastroparesis Market
14. South Korea Gastroparesis Market
15. Western Europe Gastroparesis Market
16. UK Gastroparesis Market
17. Germany Gastroparesis Market
18. France Gastroparesis Market
19. Italy Gastroparesis Market
20. Spain Gastroparesis Market
21. Eastern Europe Gastroparesis Market
22. Russia Gastroparesis Market
23. North America Gastroparesis Market
24. USA Gastroparesis Market
25. Canada Gastroparesis Market
26. South America Gastroparesis Market
27. Brazil Gastroparesis Market
28. Middle East Gastroparesis Market
29. Africa Gastroparesis Market
30. Gastroparesis Market Competitive Landscape and Company Profiles
31. Gastroparesis Market Other Major and Innovative Companies
35. Gastroparesis Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Gastroparesis Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on gastroparesis market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
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- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for gastroparesis? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered: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
Key Companies Mentioned: Pfizer Inc.; GlaxoSmithKline plc.; Abbott Laboratories Inc.; AstraZeneca Plc.; Medtronic Plc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- 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.
- Neurogastrx Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 6.8 Billion |
Forecasted Market Value ( USD | $ 8.19 Billion |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |