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GOUT DISEASE TREATMENT MARKET ANALYSIS

Gout Disease Treatment Market, By Drug Class (NSAIDs, Corticosteroids, Colchicine, Urate-Lowering Agents, Others), By Disease Type (Acute Gout and Chronic Gout), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By Route Of administration (Oral, Parenteral), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Jul 2024
  • Code : CMI3082
  • Pages :182
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

Regional Analysis

Gout Disease Treatment Market Regional Insights

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North America dominates the global gout disease treatment market with an estimated market share of 38.2% in 2024. The U.S. has a large patient population suffering from gout, estimated to be over 8 million people. This is primarily due to lifestyle factors such as high consumption of meat and seafood, along with drinks like beer which are known risk factors for gout.

The region also has a strong presence of leading pharmaceutical manufacturers focused on developing novel therapies for gout. Companies like Takeda, Horizon Therapeutics and Ironwood regularly invest in clinical research to advance treatment options beyond conventionally used drugs. Well-established healthcare and medical reimbursement systems ensure high affordability and access to prescribed medications. Thus, the region  is quick to adopt new drugs which receive regulatory approvals.

Asia Pacific has emerged as the fastest growing gout disease treatment market globally. Countries like China and India account for the bulk of the regional growth due to expanding medical needs of their massive populations. While gout was traditionally more prevalent in Western nations, lifestyle changes across Asia are contributing to rising incidence rates of gout. Growing personal income levels simultaneously increase individuals' ability to afford prescribed medications without dependence on subsidized public systems as well.

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