Gout disease is a common form of inflammatory arthritis that occurs when uric acid crystals accumulate in the joints, typically in the big toe. It causes sudden and severe attacks of pain, swelling and tenderness in one or more joints. Rising consumption of alcohol, obesity rates and aging populations in developed nations have contributed to increase in gout prevalence globally. Global gout disease treatment market can witness growth as more treatment options become available and awareness increases about managing uric acid levels to prevent gout flares.

Market Dynamics:

Global gout disease treatment market growth is driven by growing geriatric population globally who are more prone to develop gout, rising obesity rates leading to higher risk of gout, increasing consumption of alcohol and purine-rich foods. Moreover, growing awareness about early diagnosis and treatment of gout to prevent joint damage, rising per capita healthcare expenditure in developing countries and new product approvals can drive the market growth. However, generic competition for allopurinol, side effects of drugs and patient non-adherence can hamper the market growth. The development of novel treatment targets and pipeline drugs with improved safety profiles can provide lucrative opportunities for market players.

Key Features of the Study:

• This report provides in-depth analysis of the global gout disease treatment market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global gout disease treatment market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Takeda Pharmaceutical, Novartis, AstraZeneca, Teijin Pharma, Mylan, and Horizon Therapeutics
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global gout disease treatment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global gout disease treatment market

Detailed Segmentation-

• By Drug Class
  
  • NSAIDs
  • Corticosteroids
  • Colchicine
  • Urate-Lowering Agents
  • Others
• By Disease Type
  
  • Acute Gout
  • Chronic Gout
• By Distribution Channel
• • Hospital Pharmacies
  • Retail Pharmacies
  • Specialty Pharmacies
• By Route Of administration
• • Oral
  • Parentral
• By Region           
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
• • Takeda Pharmaceutical Company Ltd.
  • Novartis AG
  • Regeneron Pharmaceuticals Inc.
  • AstraZeneca plc
  • Horizon Therapeutics plc
  • Merck & Co. Inc.
  • Teijin Pharma Ltd.
  • GlaxoSmithKline, Plc.
  • Zydus Group
  • Menarini Group
  • JW Pharmaceutical
  • Simcere Pharmaceutical Group
  • Ionis Pharmaceuticals, Inc.
  • Selecta Biosciences
  • Mylan N.V.