Gastroparesis Treatment Market, By Drug (Metoclopramide, Erythromycin, Domperidone, Others), By Type (Diabetic gastroparesis, Idiopathic gastroparesis, Post-surgical gastroparesis), By Route of Administration (Intravenous, Nasal, Oral), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Gastroparesis is a condition that affects the stomach muscles. It is a disease condition in which the stomach cannot empty itself of food in a normal manner. Nausea, vomiting, heartburn are the symptoms related to gastroparesis. It is most common in patients who have had diabetes for a long time and may also occur in other situations. Gastroparesis is caused due to viral infections, gastric (abdominal) surgery with injury to the vagus nerve, medications such as narcotics and some antidepressants, etc.
Market Dynamics
Strong promising pipelines developed by key players for gastroparesis treatment are anticipated to drive the gastroparesis treatment market growth. For instance, in October 2021, Processa Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company developing products to improve the survival and/or quality of life for patients who have unmet medical needs, announced that the company received clearance from the U.S. Food and Drug Administration (FDA) to proceed with a Phase 2a clinical trial of PCS12852 in patients with moderate to severe gastroparesis. A clinical trial study conducted by Processa Pharmaceuticals, Inc. for PCS12852 is in phase 2. PCS12852 is a 5-hydroxytryptamine 4 (5-HT4) receptor agonist. PCS12852 is indicated for the treatment of gastroparesis. Moreover, a surge in the number of patents for gastroparesis is likely to augment the market growth. For instance, in April 2018, EVOKE PHARMA, a specialty pharmaceutical company focused on the treatment of gastrointestinal (GI) d¬¬iseases, announced that the European Patent Office issued a decision to Grant European Union (EU) patent no. 2747561 for Gimoti, covering formulations of metoclopramide for the intranasal delivery for the treatment of symptoms associated with diabetic gastroparesis, specifically for women. In addition, strategies adopted by key players such as acquisition, partnership, etc. are likely to drive the market growth. For instance, in October 2016, Allergan a pharmaceutical company acquired Motus Therapeutics, a gastrointestinal disease subsidiary of Rhythm Holding Company, following positive phase 2b trial results of Motus’ investigational treatment of diabetic gastroparesis.
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