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Gout Treatment Market Analysis 2020 With Top Companies Profile || Mylan, ALLERGAN, Sun Pharmaceuticals, Vintage Labs, Hikma Pharmaceuticals, Dr. Reddy’s Laboratories, Casper Pharma, Pfizer, Teva Pharmaceuticals, Novartis
Global Gout Treatment Market report consists of a market overview and the growth prospects of the market. These predictions feature important inputs from leading industry experts & underline every statistical detail regarding the market. The current environment of the industry and the key trends shaping the market are presented in the report. Insightful predictions for the coming few years have also been taken into consideration in this business research study. This Gout Treatment Market research report suggests that the market is growing at a very fast pace and with the rise in technological innovation, competition and M&A activities in the business many local and regional vendors are offering specific application products for varied end-users.Get Sample PDF (including COVID19 Impact Analysis) of Market Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-gout-treatment-market&rp
Market Analysis: Global Gout Treatment Market
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.
Key Market Players:
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.
Get Full TOC, Tables and Figures of Market Report @ https://www.databridgemarketresearch.com/toc/?dbmr=global-gout-treatment-market&rp
Market Definition: Global Gout Treatment Market
Gout is a common type of arthritis that is caused by abnormal metabolism of uric acid that causes deposition of uric acid in joints. Gout is characterized by sudden, intense pain, swelling, redness and stiffness in joints. There are four stages of gout, asymptomatic hyperuricemia, acute gout, or a gout attack, interval gout and chronic gout.
According to an article published in journal of Arthritis Rheumatol. in June 2019 , the prevalence of gout was approximately 3.9% in adults in an estimated population of 9.2 million people of US with 5.2% of ratio affecting the male population and 2.7% of ratio affecting the female population. T The introduction of biologics and development of newer therapies for the treatment of gout drives the global gout treatment market.
Segmentation: Global Gout Treatment Market
Gout Treatment Market : By Type
Tophaceous Gout
Pseudogout
Gout Treatment Market : By Diagnosis Type
X-ray
CT Scan
Ultrasound
Others
Gout Treatment Market : By Treatment
Medication
Surgery
Others
Gout Treatment Market : By Drugs Types
Allopurinol
Febuxostat
Probenecid
Indomethacin
Others
Gout Treatment Market : By Route of Administration
Oral
Injectable
Others
Gout Treatment Market : By End-Users
Hospitals
Homecare
Specialty Clinics
Others
Gout Treatment Market : By Distribution Channel
Hospital Pharmacy
Online Pharmacy
Retail Pharmacy
Others
Gout Treatment Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
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
Gout Treatment Market Drivers:
Increasing aging population are more vulnerable for gout which can augment the market growth
Increasing adoption of newer therapies and advanced treatment can act as a market driver
Prevailing cases of obesity can also drive the market growth
Increasing number of passive smokers along with adoption of sedentary lifestyle can also enhance the growth of this market
Gout Treatment Market Restraints:
Lack of awareness about symptoms and disease restrains the gout treatment market
Patent expiry of blockbuster drugs can also hinder this market growth
Stringent regulation also acts as a major restraining factor for the market growth
Reasons to Purchase this Report:
Current and future of global gout treatment market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
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