The Global Gastroparesis Treatment Market is growing with the rapid pace; mainly due to the growing prevalence of disease. According to a recent study report published by the Market Research Future, The global Gastroparesis Treatment Market is expected to gain prominence over the forecast period. The market is expected to grow at a rapid pace during the forecast period (2016 – 2023). The global market for Gastroparesis treatment is expected to reach approximately USD 5,323.62 million by 2023 and is expected to grow at a CAGR of ~ 3.8 % during the forecast period (2016 – 2023).
Intensifying prevalence of Type-1 and Type-2 diabetes with high unmet medical needs are the primary factors responsible for the growth of Gastroparesis Treatment Market. The other market driving factors of Gastroparesis are surgery on the stomach or vagus nerve, anorexia nervosa, use of narcotics that slow gastric contractions, gastro esophageal reflux disease, disorders, such as amyloidosis and scleroderma, Parkinson's disease, metabolic disorders such as hypothyroidism etc. Additionally, convenience of reimbursement policies for the treatments along with the minimally invasive treatment for refractory gastro paresis are the factors providing impetus to the market growth of Gastroparesis Treatment Market. However, Usage of non-prescription drugs to control the symptoms is the challenge witnessed by the industry.
Key Players for Global Gastroparesis Treatment Market:
• Kimberly-Clark Corporation,
• Abbott Laboratories,
• Salix Pharmaceuticals, Inc.,
• Boston Scientific Corporation,
• C. R. Bard, Inc.,
• Janssen Global Services, LLC,
• Cardinal Health, Inc.,
• Alfa Wassermann SPA,
• Evoke Pharma,
• Rhythm Pharmaceuticals, Inc.
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Gastroparesis Treatment Global Market - Competitive Analysis
Characterized by the presence of several well-established and small players, the global Market of Gastroparesis Treatment appears to be highly competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position. The Key players operating in the market compete based on pricing, product launch, technology launch, and reputation.
Global Gastroparesis Treatment market:
The global Gastroparesis Treatment market has been evaluated as a growing market. The global Gastroparesis Treatment market is expected to grow with CAGR of ~3.8% during the forecast period. 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.
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Depending on geographic region, Global Gastroparesis Treatment market is segmented into four key regions: Americas, Europe, Asia Pacific, and Middle East & Africa. Globally Americas is the largest market for Global Gastroparesis Treatment due to the excellent reimbursement and high per capita income. The large healthcare expenditure and the presence of large hospitals is the cause of the dominance of the U.S.
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Gastroparesis Treatment Market Research Report- Forecast to 2023”
The presence of top multinational medical devices companies in U.S. is another factor for the dominance of U.S. It has to be noted that 7 of the top 10 medical devices companies in the world are based in U.S. The excellent innovation ecology of the U.S. with fast market uptake of newer technologies promotes the market for Global Gastroparesis Treatment. Europe is the second-largest market for Global Gastroparesis Treatment. The greater hospitalization rates is a positive aspect of Europe market. The European market is led by countries such as Germany and France.
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.
Table of Content
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
3.5 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porter’s Five Forces Model
4.1.1 Bargaining Power Of Suppliers
4.1.2 Bargaining Power Of Customer
4.1.3 Intensity Of Competitor’s
4.1.4 Threat Of New Entrants
5 Global Gastroparesis Treatment Market, By Gastroparesis Type
Key questions answered in this report
• What will the market size be in 2023 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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This release was published on openPR.
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