Global Gout Therapeutic Market Analysis


  • Type: Common Disease Area
  • Published : March 2021
  • Region: Worldwide
  • Country: Other
  • Report ID : 138

  • Format: PPT, PDF

Global Gout Therapeutics Market: Share, Size, Trends, Industry Analysis by Drug Class (Non-steroidal Anti-Inflammatory Drugs (NSAIDs), Corticosteroids, Colchicine, Urate Lowering Agents), by Disease Condition (Acute, Chronic); By Regions, Segments & Forecast, 2019 – 2028


Report Overview

The global gout therapeutics market size stood at around USD 2.4 billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period.

Gout is a common form of inflammatory arthritis. Gout is caused due to higher levels of uric acid in the blood. Major risk factors that are likely to cause gout are certain health factors such as high cholesterol, high blood pressure, and certain medications that can cause high levels of uric acid. Additionally, factors such as diet containing red meat, obesity, and high consumption of alcohol can cause gout.
The global gout market is majorly driven by the increasing prevalence of obesity, rising older population leading to rise in the patient population, the rise in cigarette smoking population, and growing mass young population inclined towards a sedentary lifestyle. Additionally, factors such as government initiatives and support, rising demand for advanced treatment, and growing market players offering newer products are likely to drive the market.

Market Drivers

Increasing number of regulatory approvals for anti-gout drugs is expected to propel growth of the global gout disease treatment market over the forecast period. For instance, in February 2019, ROMEG Therapeutics received the U.S. FDA approval for Gloperba, a colchicine oral solution 0.6mg/5 ml. It is the first oral liquid solution of colchicine approved by the U.S. FDA. The drug is developed to prevent or treat gout attack. Moreover, in December 2015, AstraZeneca received the U.S. FDA approval for ZURAMPIC (lesinurad) 200 mg tablets. The drug, in combination with a xanthine oxidase inhibitor (XOI), is indicated for the treatment of hyperuricemia associated with gout.

Increasing adoption of inorganic strategies such as collaboration by key players operating in the-pharmaceutical industry is expected to drive the gout disease treatment market growth. For instance, in September 2019, Simcere Pharmaceutical Group and JW Pharmaceutical entered into a collaboration and exclusive license agreement for the development of anti-gout drug candidate URC-102 in China. Moreover, in January 2019, Horizon Pharma plc and HemoShear Therapeutics, LLC entered into a collaboration agreement to develop novel therapeutics for gout.

Moreover, increasing number of pipeline products is expected to boost growth of the gout disease treatment market over the forecast period. For instance, in February 2017, the University of Alabama at Birmingham in collaboration with University of Auckland, New Zealand initiated phase 2 clinical trial to study the safety and efficacy of Denosumab, a fully human monoclonal antibody with a high affinity for RANKL, in addition to urate-lowering therapy (ULT), for the treatment of bone erosion associated with gout disease. This study is expected to be completed by February 2020. These factors are expected to drive growth of the gout disease treatment market over the forecast period.

  1. Global Gout Therapeutics Market Overview………………………………………..
    1. Market Size
  2. Market Growth Drivers……………………………………………………..……………….
    1. Growing Geriatric Population
    2. Increasing Incidence and Prevalence of Gout
    3. Growing Research and Development Activities
  3. Major Types of Disease Condition…………………………………………………….
    1. Acute Gout
    2. Chronic Gout
  4. Gout Therapeutics Market Segmentation……………..…………………………..
    1. By Drug Class
      1. Non-steroidal Anti-Inflammatory Drugs (NSAIDs)
      2. Corticosteroids
      3. Colchicine
      4. Urate Lowering Agents
    2. By Route of Administration
      1. Oral
      2. Injectable
      3. Others
    3. By Geography
      1. North America Market Analysis
      2. Europe Market Analysis
      3. Asia-Pacific Market Analysis
      4. Latin America, Middle-East and Africa Market Analysis
  5. Gout Therapeutics Major Drugs Market Share………………………………………….
    1. Key Findings
    2. Market Analysis, Insights and Forecast to 2028
  6. Competitive Landscape………………………………………………………….………..
    1. Major Players
    2. Products in Pipeline
  7. 7. Key Company Profiles…………………………………………………………………….
    1. Merck & Co Company overview, Product & Services, Strategies & Financials
    2. Takeda Pharmaceutical Company overview, Product & Services, Strategies & Financials
    3. Novartis AG Company profile, Product & Services, Strategies & Financials
  8. Potential Growth Opportunities………………………………………………..…………
    1. Advancements in drug development
    2. Untapped markets in developing economies
  9. Factors Driving Future Growth…………………………………………………………..
    1. Key Industry Trends and Recent Developments in Gout Therapeutics Market
    2. Future Opportunities
  10. Conclusion

Market Segmentation

By Drug Class:

On the basis of drug class, the market is categorized into beta blockers, prostaglandins analogs, alpha adrenergic agonists, carbonic anhydrase inhibitors, combination drugs, and others. The prostaglandins analogs segment held the highest glaucoma therapeutics market share in 2019 owing to its efficacy to reduce intraocular pressure (IOP) and few side effects in comparison with the other therapies. The prostaglandins segment is further categorized into latanoprost, bimatoprost, travoprost, and others.
Combination drugs are also an upcoming therapy type to treat complicated and fast progressing glaucoma in rare cases.

By Disease Condition:

On the basis of disease condition, the industry is segmented into acute and chronic gout. In 2019, chronic segment accounted for the highest share of the market. This is attributed to introduction or commercialization of various drugs for chronic conditions and high cost of medicine. Urate lowering agents are utilized in chronic conditions. Whereas, colchicine, NSAIDs, and corticosteroids are preferred in acute.

The acute segment consists of colchicine, NSAIDs, and corticosteroids therapy. The segment accounted lesser share as compared to chronic therapeutics. This is attributed to low cost drugs, low adherence to the treatment, and drugs ability to relieve pain for shorter period. More penetration of therapeutics for acute conditions due to their early entry into market and low cost were the major driving factor for acute gout therapeutics segment.

By Region:

The North American gout market is a growing market. On a regional basis, the Americas region is segmented into North America and South America. North America is segmented into the U.S. and Canada. The increasing number of passive smokers, along with the increasing older population is likely to drive the market. Additionally, the growing healthcare expenditure and increasing demand for technologically advanced treatments and products along with the increasing government support are likely to enhance the growth of the gout market in North America. Additionally, according to a survey conducted by the National Centre for Health Statistics, in the year 2014, around 70% of adults were considered to be obese in the U.S.

Europe is the second largest market and holds a healthy share in the global gout market. The European market is expected to register a healthy CAGR during the forecast period owing to the availability of newer and advanced treatment facilities and increasing skilled medical professionals along with growing need for better healthcare infrastructure. Furthermore, increasing older population, along with the growing inclination towards sedentary lifestyle are driving the growth of the gout market. For instance, Eurostat estimated that over 19.2% of the population in Europe was aged 65 and above. This increasing older population is likely to drive the growth of the gout market.

Asia Pacific is expected to be the fastest growing market due to increasing prevalence of chronic gout. China is the fastest growing region owing to an increasingly older population. The increasing awareness about the health and availability of new treatment methods drives the market in this region. The increasing healthcare expenditure and improvement in the standard of living are driving the growth of the gout market in the Asia Pacific region.
The Middle East and Africa is expected to show the least growth in the market due to some major factors such as lack of awareness and limited access and availability of treatment facilities. In the Middle East, the United Arab Emirates is the largest market owing to the development of the healthcare industry and increasing availability of specialty care centers.

Key Industry Players

Several regional and multinational players are operating in the market. First-line treatment for acute and chronic gout is dominated by generic drugs.

Some of the key players in the industry include GlaxoSmithKline plc; Savient Pharmaceuticals; Takeda Pharmaceutical Company Ltd.; Novartis AG; AstraZeneca plc; Merck & Co. Inc.; Teijin Pharma Ltd.; and Regeneron Pharmaceuticals.

Collaborations and acquisitions of well-established players in the market and development of innovative products are the key strategies adopted by the market players in the region. For instance, in December 2015, Horizon Pharma plc acquired Crealta Holdings LLC, with a strategic motive to expand its orphan business segment and boost rheumatology expertise & infrastructure.

In April 2016, AstraZeneca signed a licensing agreement with Ironwood Pharmaceuticals, which granted the latter exclusive rights of Zurampic (lesinurad) for the U. S. The agreement is expected to ensure successful promotion of Zurampic in the U. S.

Research Methodology

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  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

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The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

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