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GOUTY ARTHRITIS MARKET ANALYSIS

Gouty Arthritis Market, by Drug Class (NSAIDs, Corticosteroids, Colchicine, and Urate-lowering agents), by Gouty Type (Acute Gouty Arthritis and Chronic Gouty Arthritis) and by Geography - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

  • To Be Published : Nov 2024
  • Code : CMI1368
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

Regional Analysis

North America holds dominant position in gouty arthritis market

Regional segmentation of gouty arthritis market by Coherent Market Insights consist of North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is expected to dominate gouty arthritis market, owing high prevalence of gouty arthritis in the U.S. According to Centre for Disease Control and Prevention (CDC), an estimated 54.4 million patients annually suffered from some form of arthritis from 2013 - 2015, in which gouty arthritis carries significant share. According to clinical guidelines for gout published in Annals of Internal Medicine in 2017, about 3.9% of U.S. adults older than 20 years reported about gout at least once in lifetime. Furthermore, increasing geriatric population is driving growth of the market, owing to high prevalence of gouty arthritis in patients above 40 years of age. New and effective therapies to treat gouty arthritis are expected to fuel growth of gouty arthritis market. For instance, in 2015, Astra Zeneca received FDA approval for novel molecule lesinurad (Zurampic), lesinurad is a urate transport inhibitor which inhibits URAT1, a protein responsible for reabsorption of uric acid in kidneys, given in combination with xanthine oxidase inhibitor helps achieve target serum uric acid level. Asia Pacific region is gaining significant traction in this market, owing to increasing number of patients suffering from chronic diseases such as diabetes and cardiovascular disease or chronic kidney disease, which are rising incrementally as stated by WHO factsheet 2012,this is owing to established fact that around 75% hypertensive patients had gouty arthritis as study published in Journal of Rheumatology in 2014.

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