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Global Xanthine Oxidase Inhibitors Market Insights on Trends, Drivers and Opportunities | Leading Key Players - Mylan Institutional, Watson pharma, RemedyRepack, DSM Pharmaceuticals, Ingenus Pharmaceuticals, GlaxoSmithKline By The End of 2028
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Xanthine oxidase inhibitors are prescribed to prevent the overproduction of uric acid in the body. The most commonly used drug is allopurinol. Allopurinol is also prescribed to cancer patients undergoing chemotherapy to prevent kidney diseases. The dose of xanthine oxidase inhibitors is lowered in people who are already suffering from chronic kidney disease. In various clinical studies, numerous natural products have been found to act as xanthine oxidase inhibitors. These include flavonoids, quercetin and others. Recent studies have found that xanthine oxidase can also be helpful in treating chronic heart diseases and various ischemic and other tissue-related diseases.
According to the Third National Health and Nutrition Examination Survey, the prevalence of hyperuricemia and gout increases with an increase in age. The most typical symptom of hyperuricemia and gout is gouty arthritis. The anti-hyperuricemic therapy using xanthine oxidase inhibitors is a more effective and curable option than other available treatments.
Xanthine Oxidase Inhibitors Market: Drivers and Restraints
The growing prevalence of hyperuricemia with the increase in age is expected to be the major driving factor for the growth of the xanthine oxidase inhibitors market over the forecast period. Lifestyle pattern and eating habits also contribute to the growth of the xanthine oxidase inhibitors market. Various side effects associated with drugs negatively impact the xanthine oxidase inhibitors market. For instance, allopurinol hypersensitivity syndrome, where the patient is adversely affected by treatment with allopurinol drug. Acute problems such as fever and rashes and other problems such as eosinophilia, vasculitis, hepatic dysfunction and various other disorders associated with the treatment are sometimes fatal to the patient. Lack of awareness among individuals also hinders the growth of the xanthine oxidase inhibitors market.
Xanthine Oxidase Inhibitors Market: Segmentation
The global xanthine oxidase inhibitors market can be segmented on the basis of route of administration and distribution channel.
Based on route of administration, the global xanthine oxidase inhibitors market can be segmented into:
Intravenous
Oral
Based on distribution channel, the global xanthine oxidase inhibitors market can be segmented into:
Hospital Pharmacy
Retail Pharmacies
Drug Stores
Online Pharmacy
Others
Xanthine Oxidase Inhibitors Market: Overview
The global market for xanthine oxidase inhibitors is expected to witness moderate growth over the forecast period. The generic term of the drug is allopurinol and the two other most common variants are Aloprim and Zyloprim. Most of the drugs are marketed in tablet form and the injectable form of allopurinol is also available in the market. Majority of the drugs are introduced in the generic form in the market and thus, there exists high competition among local and regional players.
Xanthine Oxidase Inhibitors Market: Regional Outlook
Geographically, the global xanthine oxidase inhibitors market can be segmented into viz. North America, Latin America, Europe, Asia-Pacific excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). North America is expected to be a dominant region in the global xanthine oxidase inhibitors market, owing to the high prevalence of diseases in the region and rise in geriatric population. Europe is expected to hold the second large share in the global xanthine oxidase inhibitors market throughout the forecast period. The xanthine oxidase inhibitors market in Asia Pacific is expected to grow at a significant rate due to the increase in population and lifestyle changes.
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Xanthine Oxidase Inhibitors Market: Market Participants
Examples of some of the key players operating in the global xanthine oxidase inhibitors market include Mylan Institutional LLC, Watson pharma Pvt Ltd., RemedyRepack, Inc., DSM Pharmaceuticals, Inc., Ingenus Pharmaceuticals LLC, GlaxoSmithKline Inc. and others.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The report covers exhaustive analysis on,
• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain
Regional analysis includes,
• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Chile, Peru, Rest of LatAm)
• Europe (Germany, Italy, U.K., Spain, France, Nordic countries, BENELUX, Eastern Europe and Rest of Europe)
• CIS & Russia
• Asia Pacific Excluding Japan (China, India, S. Korea, ASEAN countries, Rest of APEJ)
• Japan
• Middle East and Africa (GCC, S. Africa, Turkey, Iran, Israel, Rest of MEA)
Report Highlights,
• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Healthcare Market Research Reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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Xanthine oxidase inhibitors inhibit the activity of the enzyme xanthine oxidase. The enzyme xanthine oxidase is involved in the metabolism of nucleotide purine and the production of uric acid. Xanthine oxidase converts hypoxanthine to xanthine and xanthine to uric acid. Several xanthine oxidase inhibitors are available in the market to treat hyperuricemia and other related disorders such as gout. The main causes of hyperuricemia in blood are either the overproduction…
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The growing prevalence of hyperuricemia with the increase in age is expected to be the major driving factor for the growth of the xanthine oxidase inhibitors market over the forecast period. Lifestyle pattern and eating habits also contribute to the growth of the xanthine oxidase inhibitors market. Various side effects associated with drugs negatively impact the Xanthine Oxidase Inhibitors Market.
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The growing prevalence of hyperuricemia with the increase in age is expected to be the major driving factor for the growth of the xanthine oxidase inhibitors market over the forecast period. Lifestyle pattern and eating habits also contribute to the growth of the Xanthine Oxidase Inhibitors Market. Various side effects associated with drugs negatively impact the xanthine oxidase inhibitors market. For instance, allopurinol hypersensitivity syndrome, where the patient is adversely…
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