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Europe Gastroparesis Drugs Market is currently valued at USD 1.31 Billion in 2018.

Europe Gastroparesis Drugs Market,Gastroparesis Drugs Market
bhargav moturi | 25.09.2018
In the year 2018, Europe Gastroparesis Drugs Market was valued at USD 1.31 Billion. By the year 2023, it is expected to reach USD 1.65 Billion at pace of 4.7% CAGR.

Gastroparesis is a medical condition of the stomach, which affects the normal spontaneous movement of the stomach muscles. This disease can be caused by vaginal nerve damage caused by illness or injury. It restricts the normal digestion, causes vomiting, and problems related with blood sugar levels & nutrition. Several drugs are prescribed to treat gastroparesis, such as antiemetics, erythromycin, reglan and others.

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Underlying Causes

The growth for Gastroparesis Drugs Market is driven due to factors like increasing geriatric and diabetic population, rising number of surgeries, growing demand for quality drugs, and rising awareness about gastroparesis drugs among people. In addition, introduction of novel drugs to control symptoms such as nausea and vomiting, increasing investments for R&D activities, and advancement of technologies in medical sector is expected to drive the market growth. However, high risk of side effects of prescribed drugs, stringent government rules, complicated diagnostic procedure are the restraining factors which is expected to hinder the growth rate for Europe Gastroparesis Drugs market during the forecast period.

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Geographic Segmentation:

Based on geography the Europe Gastroparesis Drugs Market has been primarily divided into United Kingdom, France, Spain, Italy and Germany. United Kingdom holds the largest market share in the Gastroparesis Drugs market during the forecast period.

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Key Players:

Leading companies for Europe Gastroparesis Drugs Market are Allergan, Plc., Abbott Laboratories (Abbott Arzneimittel GmbH), AstraZeneca Plc. Other players in the market are Cadila Pharmaceuticals Ltd., ETX Pharma, Inc, Evoke Pharma, GlaxoSmithKline Plc., Neurogastrx, Inc., Valeant Pharmaceuticals International, Inc., and Theravance Biopharma.

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