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Gout Therapeutics Market Analysis

  • Report ID: GMI10280
  • Published Date: Jul 2024
  • Report Format: PDF

Gout Therapeutics Market Analysis

Based on drug class, the market is divided into non-steroidal anti-inflammatory drugs (NSAIDs), corticosteroids, colchicine, urate-lowering agents, and other drug classes. The non-steroidal anti-inflammatory drugs (NSAIDs) segment of the  market is forecasted to reach USD 1.7 billion by 2032.
 

  • NSAIDs exert their anti-inflammatory effects by inhibiting cyclooxygenase (COX) enzymes, particularly COX-2, are responsible for converting arachidonic acid into prostaglandins. These prostaglandins contribute to inflammation, swelling, and pain. By blocking COX-2, NSAIDs decrease the production of prostaglandins, thereby reducing inflammation and alleviating the symptoms of acute gout attacks.
     
  • NSAIDs offer quick onset of action, often providing significant pain relief and reduction in inflammation within hours of administration, which is crucial for managing acute gouty arthritis.
     
  • Further, NSAIDs are effective for managing mild to moderate gout attacks and are often recommended as first-line therapy for symptomatic relief before considering more aggressive treatment options, thus driving the market growth.
     
Gout Therapeutics Market, By Condition (2023)

Based on condition, the gout therapeutics market is segmented acute gout and chronic gout. The acute gout segment accounted for USD 1.8 billion in 2023.
 

  • Medications such as non-steroidal anti-inflammatory drugs (NSAIDs), corticosteroids, and colchicine provide quick relief from severe pain associated with acute gout attacks, enhancing patient comfort and mobility.
     
  • By dampening the inflammatory cascade, these treatments effectively reduce swelling and redness in the affected joints. This not only provides immediate relief from discomfort but also improves the aesthetic appearance of the joint.
     
  • Additionally, these therapies indicated for acute goat can be administered orally, intravenously or intra-articularly, allowing healthcare providers to tailor treatments based on the severity of symptoms and patient preferences. Thus, adding to the revenue growth of the acute goat segment.
     

Based on route of administration, the gout therapeutics market is divided into oral, parenteral, and other routes of administration. The oral segment of the market is forecasted to reach USD 3 billion by 2032.
 

  • Oral medications for gout such as non-steroidal anti-inflammatory drugs (NSAIDs), colchicine, and some urate-lowering therapies are widely available and familiar to healthcare providers. This accessibility ensures prompt access to medications when needed.
     
  • They are easy to administer and generally more convenient for patients compared to injectable or intravenous routes. This convenience can improve patient compliance with treatment regimens, leading to better outcomes.
     
  • Further, oral medications often offer flexible dosing options, allowing healthcare providers to tailor treatments based on individual patient factors such as severity of symptoms, comorbidities, and response to therapy. This personalized approach can optimize therapeutic outcomes. Thus, escalating the growth of the market.
     

Based on distribution channel, the gout therapeutics market is bifurcated into hospital pharmacy, retail pharmacy, and online pharmacy. The hospital pharmacy segment is forecasted to reach USD 1.6 billion by 2032.
 

  • Hospital pharmacies often provide specialized compounding services, allowing for customized formulations of medications when standard preparations are not suitable for specific patient needs. This capability is particularly beneficial for patients with allergies, intolerances, or unique dosing requirements.
     
  • They stock a wide range of medications used in the treatment of gout. This ensures immediate access to medications needed for both acute management of gout flares and long-term maintenance therapy.
     
  • Further, hospital pharmacies play a critical role in monitoring patients receiving gout medications, including assessing therapeutic responses, monitoring for adverse effects, and providing timely interventions or adjustments as needed. This proactive approach helps minimize medication-related complications and optimize therapeutic outcomes. Thus, driving the growth of the market.
     
North America Gout Therapeutics Market, 2021- 2032 (USD Billion)

The growth of the gout therapeutics market in the U.S. is projected to reach USD 1.8 billion by 2032.
 

  • The U.S. boasts a robust healthcare infrastructure with advanced medical facilities, including specialized clinics and hospitals equipped to handle complex cases of gout. This infrastructure supports timely diagnosis, treatment, and management of gout, ensuring high-quality care for patients.
     
  • Moreover, the U.S. is a global leader in biomedical research and development (R&D), fostering innovation in gout therapeutics. Pharmaceutical companies and academic institutions conduct extensive research to develop new drugs, biologics, and treatment modalities aimed at improving outcomes for patients with gout.
     

The gout therapeutics market in UK is expected to experience significant and promising growth from 2024 to 2032.
 

  • The UK's National Health Service (NHS) provides universal healthcare coverage, ensuring equitable access to gout diagnosis, treatment, and management for all residents. This integrated system supports coordinated care and patient outcomes across different healthcare settings.
     
  • Additionally, increasing prevalence of gout in the country is also contributing to a high demand for treatment therapies. According to NHS, gout cases have increased during 2019-2022 by about 20% in the country, contributing to the market growth.
     

Japan gout therapeutics market is anticipated to witness lucrative growth between 2024 – 2032.
 

  • Japan has a highly advanced healthcare system known for its efficiency, universal coverage, and access to high-quality medical care. This system ensures that patients with gout receive timely diagnosis, treatment, and ongoing management.
     
  • Japan emphasizes precision medicine, which is globally estimated to reach USD 157.1 billion by 2032. Precision medicine approaches that are tailored to individual patient characteristics, including genetic factors, is also influencing the gout susceptibility and response to treatments. This personalized approach is enhancing the treatment efficacy and patient outcomes in the country, thereby raising the demand for novel gout therapies in Japan.
     

The gout therapeutics market in Saudi Arabia is expected to experience significant and promising growth from 2024 to 2032.
 

  • Saudi Arabia collaborates with international partners in healthcare and medical research, fostering knowledge exchange and technology transfer. This collaboration enhances access to global best practices, innovative therapies, and research findings in gout management.
     
  • Saudi Arabia has been increasing its investment in biomedical research and development, including studies focused on rheumatic diseases such as gout. This investment supports local research initiatives, clinical trials, and the development of new therapeutic interventions tailored to the country's healthcare needs.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The gout therapeutics market size was valued at USD 2.6 billion in 2023 and is estimated to grow at 7.3% CAGR from 2024 to 2032, driven by the rising incidence of gout.

The non-steroidal anti-inflammatory drugs segment of the gout therapeutics is forecasted to reach USD 1.7 billion by 2032, as they offer quick onset of action, often providing significant pain relief

U.S. gout therapeutics market size is projected to reach USD 1.8 billion by 2032, owing to the robust healthcare infrastructure.

Abbvie Inc, Amgen Inc, Boehringer Ingelheim International GmbH, GSK plc, Merck & Co., Inc, Novartis AG, and Pfizer Inc. among others.

Gout Therapeutics Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 280
  • Countries covered: 23
  • Pages: 195
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