Gout Disease Treatment Market Size, Share, Growth Report 2032

Gout Disease Treatment Market

Gout Disease Treatment Market - By Conditional Stage (Acute Gout and Chronic Gout), Therapeutic (Urate-Lowering Therapies, Inflammatory), Product (Colchicine, Non-steroidal Anti-Inflammatory Drugs (NSAIDs), Corticosteroids): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 - 2032

Category: Healthcare Report Format : PDF Pages: 230 Report Code: ZMR-233 Published Date: May-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 2764.89 Million USD 5527.03 Million 8.00% 2023

Gout Disease Treatment Market: Industry Perspective

The global gout disease treatment market size was worth around USD 2764.89 million in 2023 and is predicted to grow to around USD 5527.03 million by 2032 with a compound annual growth rate (CAGR) of roughly 8.00% between 2024 and 2032.

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Global Gout Disease Treatment Market: Overview

Gout is a disease that is caused by frequent attacks of acute inflammatory arthritis. The symptoms of this disease include red and swollen joints, itching skin, limited movement of the affected part, and others. Also, the uric acid crystallizes and the crystals deposit in joints, tendons and adjacent tissues which causes a gout attack. The human body produces uric acid when it is broken down into purines. Purines are substances that are already present naturally in the body in the form of food consumed by humans. It is caused due to a combination of genetic factors and diet. Usually, the person consuming large amounts of meat and beer faces this disease.

Global Gout Disease Treatment Market: Growth Factors

The increase in the number of gout disease incidences and the strong development of the treatment are some of the major factors driving the global gout disease treatment market. Improvised studies on gout therapeutics and the introduction of niche drugs are other factors boosting the growth of the global gout disease treatment market. Progressive collaboration between major companies and quick product launches are some key factors impacting the growth of the market in a positive way. On the other hand, strict regulations and patent expiry of various drugs may act as key restraining factors for the global gout disease treatment market.

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Global Gout Disease Treatment Market: Segmentation

The global gout disease treatment market is segmented on the basis of disease therapeutics and the conditional stage. The conditional stage segment is sub-segmented as acute gout and chronic gout. The therapeutic segment is further sub-segmented as urate-lowering therapies and inflammatory. The global market is segmented on the basis of the product as colchicine, non-steroidal anti-inflammatory drugs (NSAIDs), and corticosteroids. NSAIDs are widely used for the treatment of gout disease, while corticosteroids and colchicines are alternative treatments for patients who are unable to tolerate the effects of NSAIDs. Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Gout Disease Treatment Market: Report Scope

 

Report Attributes Report Details
Report Name Gout Disease Treatment Market
Market Size in 2023 USD 2764.89 Million
Market Forecast in 2032 USD 5527.03 Million
Growth Rate CAGR of 8.00%
Number of Pages 230
Key Companies Covered Novartis AG, AstraZeneca PLC, Polaris Group, Teijin Pharma Limited, BioCryst Pharmaceuticals, Inc., Nippon Chemiphar Co., Ltd., JW Pharmaceutical Corporation, Addex Therapeutics, Takeda Pharmaceutical Company, LG Life Sciences Ltd., Pfizer, Merck, and others.
Segments Covered By ProductType, By Application, By End-User, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

 

Global Gout Disease Treatment Market: Regional Analysis

North America and Europe dominate the global gout disease treatment market mainly owing to the enhanced pharmaceutical research in this area. North America is the leading player in the gout therapeutics market due to the increased geriatric population with modernized routine disorders. In addition, the U.S. holds the biggest market for gout Disease Treatment, followed by Canada in North America. Furthermore, Asia is anticipated to witness high growth shortly owing to increasing awareness among people about the disease. Japan, China, and India are expected to grow rapidly in the gout Disease Treatment market in Asia.

Gout Disease Treatment Market: Competitive Analysis

The global gout disease treatment market is dominated by players like:

  • Novartis AG
  • AstraZeneca PLC
  • Polaris Group
  • Teijin Pharma Limited
  • BioCryst Pharmaceuticals, Inc.
  • Nippon Chemiphar Co., Ltd.
  • JW Pharmaceutical Corporation
  • Addex Therapeutics
  • Takeda Pharmaceutical Company
  • LG Life Sciences Ltd.
  • Pfizer
  • Merck

By Conditional Stage Segment Analysis 

By Therapeutic Segment Analysis

  • Urate-lowering therapies 
  • Inflammatory

By Product Segment Analysis

  • Colchicine
  • Non-steroidal anti-inflammatory Drugs (NSAIDs)
  • Corticosteroids

Gout Disease Treatment Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Gout, a painful type of arthritis, results from a buildup of uric acid crystals in the joints. There are effective treatment options to manage this condition. Firstly, during a gout attack, medications like nonsteroidal anti-inflammatory drugs (NSAIDs) target pain and swelling to bring you quick relief. Colchicine and corticosteroids may also be used in specific cases. Once the initial flare-up subsides, the focus shifts to preventing future attacks. This involves medications like allopurinol or febuxostat that lower uric acid levels in the blood, essentially reducing the fuel for future crystal formation. Additionally, adopting a healthy lifestyle with a focus on weight management, avoiding certain foods high in purines, and staying well-hydrated all play a crucial role in keeping gout under control.

According to a study, the global gout disease treatment market size was worth around USD 2764.89 million in 2023 and is expected to reach USD 5527.03 million by 2032.

The global gout disease treatment market is expected to grow at a CAGR of 8.00% during the forecast period.

North America is expected to dominate the gout disease treatment market over the forecast period.

Leading players in the global gout disease treatment market include Novartis AG, AstraZeneca PLC, Polaris Group, Teijin Pharma Limited, BioCryst Pharmaceuticals, Inc., Nippon Chemiphar Co., Ltd., JW Pharmaceutical Corporation, Addex Therapeutics, Takeda Pharmaceutical Company, LG Life Sciences Ltd., Pfizer, and Merck, among others.

The gout disease treatment market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.

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