Idiopathic Gastroparesis Drugs Market Outlook
The global idiopathic gastroparesis market was estimated at USD 1,192.7 Million in 2021 and is anticipated to reach USD 1,699.3 Million by 2030, expanding at a CAGR of 4.1% during the forecast period.
Gastroparesis is a chronic disorder of the stomach that affects the normal and spontaneous movement of the stomach and slows or stops the movement of food from stomach to small intestine. Idiopathic gastroparesis is one of the types of gastroparesis caused by unknown factors.
Gastroparesis occurs on account of damage to the vagus nerve due to injury or illness. It influences the unconstrained development of the stomach muscles. Gastroparesis interferes with normal digestion and causes nausea, vomiting, and abdominal pain.
Antiemetic and prokinetic drugs are commonly used drugs. Medications such as metoclopramide, domperidone, erythromycin, and others are used to treat the condition of idiopathic gastroparesis.
Macro-economic Factors
Government Regulations
Government regulations play an integral role in the approval and branding of gastroparesis drugs for the consumption and treatment of patients. Metoclopramide, a dopamine-2 receptor antagonist, is approved by the US Food and Drug Administration (FDA) for the treatment of gastroparesis. Presently, prucalopride is approved in some countries of Western Europe and in Canada for the management of chronic constipation, and it has the potential to treat symptoms of gastroparesis and delayed gastric emptying.
R&D Activities
Antiemetic and prokinetic drugs are emerging as a significant class of therapeutic agents for the treatment of idiopathic gastroparesis. The treatments available for the diseases are the outcome of previous R&D activities in the field of gastroparesis.
These R&D activities include various steps and perspectives consisting of participants, development phases, citations of related patents, and therapeutic indications with potentially valuable insights for pharmaceutical investors, researchers, and policymakers. R&D activities are a major factor affecting the overall gastroparesis market, the reasons for idiopathic gastroparesis are unknown.
Idiopathic Gastroparesis Drugs Market Dynamics
Market Driver - Increasing Prevalence of Gastroparesis Cases
Cases of gastroparesis are rising day by day. In majority of the cases, diabetes and post-surgical complications are the common origins for this disease. Presently, the cases of idiopathic gastroparesis are increasing, with the unavailability of patient history regarding diabetes or any post-surgical issues. Hence, doctors are prescribing antiemetic and prokinetic drugs for treating patients dealing with constipated state of stomach, abdominal pain, vomiting, and nausea. This factor is driving the market.
Market Driver - Rising approval of medications with different routes of administration
Idiopathic gastroparesis drugs are injected through various routes of administration, as these medications are available in various forms, such as tablets, injections, patches, and nasal medication. Oral tablets are a common form of medication for treating idiopathic gastroparesis. Availability of different forms of the drugs make it convenient for patients to receive the treatment, as the intravenous route of administration is extremely painful. This factor is projected to propel the market.
Market Restraint - Lack of awareness in underdeveloped countries
Idiopathic gastroparesis drugs are popular in developed countries as a treatment method for gastroparesis caused by unknown factors. These drugs are not adopted in underdeveloped countries, due to lack of awareness, low disposable income of people, and lack of knowledge of gastroenterology conditions.
A major part of the global population resides in countries such as China and India; however, the primary consumption of idiopathic gastroparesis is in North America and Europe. Lack of awareness regarding these drugs is expected to affect the growth of the idiopathic gastroparesis drugs market.
Market Opportunity- Increasing Focus on R&D activities by manufacturers
Various companies and research institutes are investing in research and development of gastroparesis drugs. This is expected to create lucrative opportunities for the market players. Increasing number of pipeline products and development of novel treatments are anticipated to create immense opportunities for the market growth during the forecast period. Various articles estimate the current prevalence of gastroparesis at 4% of the US population and rising diagnosis of idiopathic gastroparesis.
Scope of Idiopathic Gastroparesis Drugs Market Report
The report on the global idiopathic gastroparesis drugs market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes
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Details
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Report Title
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Idiopathic Gastroparesis Drugs Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2021
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Historic Data
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2015 and 2020
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Forecast Period
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2022–2030
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Segmentation
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Drug (Antiemetic drugs, Prokinetic drugs, Other), Route of Administration (Oral, Intravenous, Nasal, Transdermal), Distribution Channel (Online Pharmacies, Hospital Pharmacies, Retail Pharmacies)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered
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EVOKE PHARMA, Cadila Pharmaceuticals, Janssen-Cilag Pty Limited, Abbott, ADVANZ PHARMA, iNova Pharmaceuticals, ANI Pharmaceuticals, Inc., AstraZeneca, Intas Pharmaceuticals Ltd., and Cipla Inc.
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Idiopathic Gastroparesis Drugs Market Segmental Outlook
Based on drugs , the idiopathic gastroparesis drugs market is segmented into antiemetic drugs, prokinetic drugs, and others. The antiemetic drugs segment accounted for a significant market share during the forecast period. These drugs include metoclopramide, Zofran, prochlorperazine, and promethazine.
These drugs are used to treat gastrointestinal symptoms such as constipation, bloating, abdominal discomfort, and vomiting. It works by increasing the movements or contractions of the stomach and intestines. Easy availability, efficacy, high usage, and medication applicability in treating gastroparesis are major factors that are projected to boost the segment during the forecast period.
On the basis of route of administration, the idiopathic gastroparesis drugs market is segregated into oral, intravenous, nasal, and transdermal. The oral segment is expected to expand at a significant CAGR during the forecast period. Gastroparesis drugs include oral drugs such as ondansetron, Metoclopramide, and promethazine. These drugs help to reduce nausea and vomiting, which are common symptoms of gastroparesis. Oral medication is considered to be an effective treatment for gastroparesis.
Based on distribution channel, the idiopathic gastroparesis drugs market is categorized into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies segment is projected to hold a large market share. Availability of various products is anticipated to propel the distribution channel segment during the forecast period.
Idiopathic Gastroparesis Drugs Market Regional Outlook
The market is divided into five regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America is projected to account for a significant share of the idiopathic gastroparesis drugs market during the forecast period, owing to the rising number of FDA approvals for gastroparesis drugs and high awareness about these drugs for therapeutic purposes.
Europe is expected to hold a substantial market share during the forecast period, owing to increasing R&D activities for patients with complicated and untreated gastroparesis condition.
The market in Asia Pacific is anticipated to expand at a high CAGR during the forecast period, as underdeveloped countries are adopting the gastroparesis drugs treatment method for treating life-threatening gastric complications. Significant rise in the incidence of gastroenterology conditions is expected to boost the market
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the Global Idiopathic Gastroparesis Drugs Market
- Historical, Current, and Projected Market Size in terms of Value
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints, and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Idiopathic Gastroparesis Drugs Market Performance
Segments
By Drug
- Antiemetic drugs
- Prokinetic drugs
- Others
By Route of Administration
- Oral
- Intravenous
- Nasal
- Transdermal
By Distribution Channel
- Online Pharmacies
- Hospital Pharmacies
- Retail Pharmacies
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players
Competitive Landscape
- Key players in the idiopathic gastroparesis drugs market include EVOKE PHARMA, Cadila Pharmaceuticals, Janssen-Cilag Pty Limited, Abbott, ADVANZ PHARMA, iNova Pharmaceuticals, ANI Pharmaceuticals, Inc., AstraZeneca, Intas Pharmaceuticals Ltd., and Cipla Inc.
- Market players are pursuing key strategies such as acquisitions, collaborations, and geographic expansion, which is creating opportunities in the idiopathic gastroparesis drugs market.