Indian Gout Disease Treatment Market Size, Share, Price, Trends, Growth, Analysis, Outlook, Report, Forecast 2023-2028

Indian Gout Disease Treatment Market size stood at USD XX 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 systemic disease that results from the deposition of monosodium urate crystals (MSU) in tissues. Symptoms of gout include intense pain, swelling, and stiffness in the joints. Gout now affects 0.3% of the Indian population. Prevalence rises up to 10% in men and 6% in women more than 80years old. Annual incidence of gout is 2.68 per 1000 persons. It occurs in men 26 folds more than women. The 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. Rising prevalence of gout across the nation due to changing lifestyle is likely to boost the industry over the coming years. Increasing alcohol consumption, high purine diet, rising obesity & kidney diseases amongst people, and consumption of certain medications such as diuretics are likely to further boost the incidence of gout.

Market Drivers

The gout therapeutics market is primarily driven by increasing prevalence of this condition, due to changing lifestyle pattern and growing geriatric population. Furthermore, growing research and development activities focusing on innovation and development of gout therapeutic agents and growing awareness associated with the treatment of gout are further stimulating the industry growth. Additionally, growing innovations in the field of biologics and increasing adoption of these products based on their ability to produce powerful anti-inflammatory action. There are large number of clinical trials in process, due to which many new products are expected to be launched in coming few years. This is also expected to propel the industry growth during the forecast period.

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Major Players

Major players operating in India Gout disease treatment market include AstraZeneca Plc, Takeda Pharmaceutical Company Limited, Teijin Pharma Limited, Hikma Pharmaceuticals Plc., Hikma Pharmaceuticals Plc., Zyla Life Sciences, Zydus Cadila, Horizon Therapeutics plc, JW Pharmaceutical Corporation, and LG Chem. In 2017, Zydus Cadila got approval of Allopurinol tablets which are used for treatment of patients with gout and other conditions associated with too much uric acid and serum in the body.

The Indian Gout Disease Treatment Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Indian Gout Disease Treatment market. This report explores all the key factors affecting the growth of the global Indian Gout Disease Treatment market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Market Segmentation

By Drug Class:

Based on drug class, the Indian gout therapeutics industry is segmented into non-steroidal anti-inflammatory drugs (NSAIDs), corticosteroids, colchicine, and urate lowering agents. In 2019, NSAIDs accounted for the largest share in the industry. NSAIDs are the first line drugs used to decrease the inflammation and the associated pain of rheumatic and non-rheumatic diseases.

By Route of Administration:

Based on route of administration, the Indian gout therapeutics industry is segmented into oral and injectable.

By Distribution Channel:

On the basis of distribution channel, the market for gout disease treatment is segmented into hospital pharmacies, retail pharmacies, online pharmacies, and others. The hospital segment is expected to dominate the market throughout the forecast period.

Major Players

Major players operating in India Gout disease treatment market include AstraZeneca Plc, Takeda Pharmaceutical Company Limited, Teijin Pharma Limited, Hikma Pharmaceuticals Plc., Hikma Pharmaceuticals Plc., Zyla Life Sciences, Zydus Cadila, Horizon Therapeutics plc, JW Pharmaceutical Corporation, and LG Chem. In 2017, Zydus Cadila got approval of Allopurinol tablets which are used for treatment of patients with gout and other conditions associated with too much uric acid and serum in the body.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global Indian Gout Disease Treatment Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global Indian Gout Disease Treatment Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Indian Gout Disease Treatment market
Chapter 2: Exclusive Summary - the basic information of the Indian Gout Disease Treatment Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Indian Gout Disease Treatment
Chapter 4: Presenting the Indian Gout Disease Treatment Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Indian Gout Disease Treatment market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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In conclusion, the Indian Gout Disease Treatment Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report.

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