Gastroparesis Drugs Market Analysis

Gastroparesis Drugs Market Analysis

To get key market trends

  Download Free Sample

Based on the drug class, the global market is classified into prokinetic agents, antiemetic agents, proton pump inhibitors and other drug classes. The proton pump inhibitors segment dominated the market with revenue of USD 2.1 billion in 2023.
 

• Gastroparesis is more common among older adults, and as the global population ages, there's a corresponding increase in the incidence of gastroparesis. Therefore, the increase in the number of research and development activities aimed at improving drug delivery systems for proton pump inhibitors may lead to the development of more effective and convenient formulations. For instance, long-acting or sustained-release formulations may improve patient compliance and treatment outcomes. Thus, availability of wide range of drugs in the market will drive the market growth.
   

Based on the disease type, the global gastroparesis drugs market is classified into diabetes gastroparesis, idiopathic gastroparesis, and post-surgical gastroparesis. The diabetes gastroparesis segment dominated the market with market share of 44.6% in 2023.
 

• As diabetic rates continue to rise globally, particularly with lifestyle changes and aging populations, the prevalence of gastroparesis is also expected to increase. This surge in diabetic gastroparesis cases creates a growing demand for effective treatments to manage symptoms and improved patients' outcome. Thus, the market offering new therapeutic options to address the unmet medical needs of individuals suffering from this debilitating condition.
   

Based on route of administration, the gastroparesis drugs market is classified into oral, injectable, and other routes of administration. Oral segment is expected to reach 4.8 billion by 2032.
 

• Oral medications offer a convenient and non-invasive treatment option, catering to the preference of many patients over invasive procedures or injections. Also, advancements in drug development have led to the introduction of more effective oral medications with fewer side effects, further fueling the demand.
   
• Further, several patients prefer oral dosage form over alternative routes like parenteral due to convenience and ease of administration, which can drive the demand for oral products, thereby supplementing the market growth.
   

Based on drug type, the gastroparesis drugs market is classified into OTC drug and prescription drugs. OTC drugs segment dominated the market with market share of 64.1% in 2023.
 

• With an increasing number of individuals experiencing gastroparesis, there's a rising interest in OTC remedies offering relief. These drugs typically target symptoms rather than the underlying cause, providing quick relief for milder cases or as adjunctive therapy alongside prescription medications.
   
• In addition, the accessibility and convenience of OTC options appeal to consumers seeking immediate relief without the need for a prescription or healthcare provider visit are the major factors that boost the growth of the market.
   

Based on distribution channel, the gastroparesis drugs market is classified into hospital pharmacies, retail pharmacies and online pharmacies. Retail pharmacies segment is expected to exhibit 5.2% CAGR between 2024 - 2032.
 

• Retail pharmacies serve as key distribution points for these medications, ensuring patients have timely access to the drugs they need. Additionally, retail pharmacies provide essential patient education and support, helping individuals understand their treatment regimens.
   
• Moreover, through their widespread presence in communities and availability of different medication including OTC drugs, retail pharmacies effectively reach a large patient population, thereby contributing significantly to the market growth.
   

The gastroparesis drugs market in U.S. is expected to reach USD 3.5 billion by end of 2032.
 

• The increasing prevalence of gastroparesis in the region, often associated with conditions such as diabetes and neurological disorders, has heightened the demand for effective treatment options.
   
• Additionally, advancements in healthcare infrastructure and rising awareness about the condition among both patients and healthcare professionals have contributed to greater diagnosis and treatment-seeking behavior, further fueling market growth.
   
• Moreover, ongoing research and development activities aimed at introducing novel therapeutic agents with improved efficacy and safety profiles are expected to expand the market further.
   

Germany to experience the highest growth rate in the market, outstripping other countries in Europe in the assessment period.
 

• Growing acute gastrointestinal illness in adults in country is expected to spur the product adoption. For instance, according to Cambridge University Press & Assessment report 2018, nearly 23 percent of those aged 65 years and over were diagnosed with a gastrointestinal condition. Hence, a well-developed healthcare infrastructure with advanced medical facilities and specialized centers for gastrointestinal disorders will augment the market growth.
   
• Further, improved access to healthcare services, including diagnosis and treatment for gastroparesis stimulates the demand for gastroparesis drugs, thereby driving the market growth.
   

The India gastroparesis drugs market is expected to grow with a significant CAGR during the forecast period.
 

• Urbanization and the adoption of western lifestyles in India contribute to changes in dietary habits, including the consumption of processed foods which are high in fat and sugar. These dietary changes can increase the risk of developing gastrointestinal disorders like gastroparesis, thereby driving the demand for medications to manage symptoms.