Market Analysis and Insights:- Global Diabetic Gastroparesis Treatment Market
Global Diabetic Gastroparesis Treatment Market By Indication Type (Compensated Gastroparesis, Gastric Failure), Treatment (Medication, Surgery), Drugs (Gastroprokinetic Agents, Antiemetic Agents, Botulinum Toxin and Others), Route of Administration (Oral, Injectable), End- Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies and Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Market Analysis: Global Diabetic Gastroparesis Treatment Market
Global diabetic gastroparesis treatment market is expected to grow at a healthy CAGR in the forecast period of 2019-2026. Emergence of drugs used to treat diabetic gastroparesis and high demand of disease specific novel therapies are the key factors that fueling the market growth
Market Definition: Global Diabetic Gastroparesis Treatment Market
Gastroparesis is also called as delayed gastric emptying is condition of abnormal gastric motility which results in slow gastric emptying. Gastroparesis associated with diabetes is known as Diabetic Gastroparesis (DGP). Type 1 and type 2 diabetes can damage the vagus nerve, which controls the muscles of the stomach. The delay in gastric empty can worsen a patient with diabetes by making it more difficult to manage the blood sugar. People with diabetic gastropareses often experience heartburn, nausea, vomiting of undigested food, loss of appetite etc.
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Market Drivers
• Vulnerable diabetic population worldwide is fueling the growth of this market
• Increase in special designation from the regulatory authorities is drive the market
• Huge financial support to the researchers for developing novel intervention is boosting the market growth
• High demand of disease specific novel treatment can also act as a market driver
Market Restraints
• Limited operating revenue opportunities for research and development of targeted therapies by many pharmaceuticals is acting as a challenging factor for the growth of this market
• Low healthcare budget in some developing countries is hamper the market growth
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Segmentation: Global Diabetic Gastroparesis Treatment Market
By Indication Type
• Compensated Gastroparesis
• Gastric Failure
By Treatment
• Medication
• Surgery
By Drugs
• Gastroprokinetic Agents
o Metoclopramide
o Pruclopride
• Antiemetic Agents
o Prochlorperazine
o Ondansetron
• Botulinum Toxin
• Others
By Route of Administration
• Oral
• Injectable
By End Users
• Hospitals
• Homecare
• Specialty Clinics
• Others
By Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• Others
By Geography
• North America
o U.S.
o Canada
o Mexico
• South America
o Brazil
o Rest of South America
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
• Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific
• Middle East & Africa
o South Africa
o Rest of Middle East & Africa
Key Developments in the Market:
• In May 2019, Allergan expanded PLEDGE program with a fifth study with relamorelin, a ghrelin agonist being studied for the treatment of diabetic gastroparesis (DG). The relamorelin is currently in the phase II/II study. If trial successful it will change treatment paradigms across gastroenterology and improve the millions of people suffering from the debilitating effects of diabetic gastroparesis.
• In December 2016, Theravance Biopharma received Fast Track designation from the FDA for velusetrag (TD-5108), an oral once-daily selective 5-hydroxtryptamine 4 (5-HT4) receptor agonist for the treatment of symptoms associated with idiopathic and diabetic gastroparesis. With this designation enables the company to accelerate the development process which helps patients to have access on the treatment as quickly as possible.
Competitive Analysis:
Global Diabetic Gastroparesis treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Global Diabetic Gastroparesis treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Players:
Few of the major competitors currently working in the global diabetic gastroparesis treatment market are Theravance Biopharma, Allergan, GlaxoSmithKline plc, Endologic, Evoke Pharma, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Vanda Pharmaceuticals, F. Hoffmann-La Roche Ltd, CINRX, Ironwood Pharmaceuticals, Inc, ANI Pharmaceuticals, Inc, Bausch Health, RHYTHM PHARMACEUTICALS, INC, Teva Pharmaceutical Industries Ltd, WOCKHARDT, Fresenius Kabi AG, Pfizer Inc, Ipca Laboratories Ltd, Vintage Labs and others
Research Methodology: Global Diabetic Gastroparesis Treatment Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
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The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
• Current and future of global diabetic gastroparesis treatment market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
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