Global Gout Treatment Market 2019 To Expand At A CAGR Of 12.6% By Takeda Pharmaceutical Company Limited, Mylan N.V., ALLERGAN, Sun Pharmaceutical Industries Ltd., Vintage Labs & Others

Global gout treatment market is rising gradually with a healthy CAGR of 12.6% in the forecast period of 2019-2026. The increasing prevalence of gout by increase of obesity and pediatric patients is likely to drive the global gout treatment market. Due to increase in prevalence of chronic gout, Asia pacific countries are expected to have a fastest growing gout treatment market.

This report provides an all-inclusive and accurate research study on the global gout treatment market while chiefly focusing on current and historical market scenarios. The subject matter experts and team of highly-skilled researchers have put in hours of work to collate an authentic research report on the pharmaceutical industry. The report displays a fresh market research study that explores several significant facets related to gout treatment market covering industry environment, segmentation analysis, and competitive landscape. The economic growth for gout treatment market in the developing countries of Asia-Pacific seems to be quite impressive and these countries are expected to offer ample growth opportunities for the market.

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Few of the major competitors currently working in the global gout treatment market are Takeda Pharmaceutical Company Limited, Mylan N.V., ALLERGAN, Sun Pharmaceutical Industries Ltd., Vintage Labs, Ipca Laboratories Ltd., INDOCO REMEDIES LTD., Zydus Cadila, Hikma Pharmaceuticals PLC, Dr. Reddy's Laboratories Ltd., Casper Pharma, Alembic Pharmaceuticals Limited, Macleods Pharmaceuticals Ltd., Pfizer Inc., Teva Pharmaceutical Industries Ltd., Amneal Pharmaceuticals LLC., Novartis AG, Flexion Therapeutics Inc, Antares Pharma among others.

Key Developments in the Market:

In May 2019, Horizon Therapeutics plc announced the launch of Gout Lies, a data-driven campaign to reframe physician dialogue on the reality of living with gout and highlight the newer developments in proper treatment of gout. The campaign also highlights the consequences of inadequate management including bone erosion, joint damage among others
In August 2018, Grünenthal received marketing authorization for the EU/EEA for Duzallo from European Commission. Duzallo is a fixed-dose combination (FDC) of allopurinol and lesinurad that is used for the treatment of hyperuricaemia in adult gout patients. The Committee for Medicinal Products for Human Use (CHMP) reported positive opinion on use of Duzallo and authorized the marketing of the FDC. With this approval there is a potential to help improving the control of uric acid serum levels and enhancing the quality of life

Competitive Analysis:

Global gout treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global Gout treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Segmentation: Global Gout Treatment Market

By Type

(Tophaceous Gout, Pseudogout Gout),

Diagnosis Type

(X-ray, CT Scan, Ultrasound and Others),

Treatment Type

(Medication, Surgery, Others),

Drugs Type

(Allopurinol, Febuxostat, Peobenecid, Indomethacin and Others),

Route of Administration

(Oral, Injectable, Others),

End-Users

(Hospitals, Homecare, Specialty Clinics, Others),

Distribution Channel

(Hospital Pharmacy, Retail Pharmacy, Online Pharmacy and Others),

Geography

(North America, South America, Europe, Asia-Pacific, Middle East and Africa)

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