Antigout Drug Market Share 2021 Growth Challenges, Opportunities and Future Trends 2027
The global antigout drug market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Antigout drugs are used to treat gout, a most common form of inflammatory arthritis. The gout is caused owing to high uric acid levels in the blood due to hyperuricemia which results in the formation of monosodium urate crystals. The major factor for the growth of the market is the increasing prevalence of gout across the globe.
According to the National Center for Biotechnology Information
(NCBI), an estimated 1% to 2% of the population is affected by gout
globally. Additionally, men are more likely to get it than women with an estimated
five times more in men. Furthermore, gout mostly occurs in men aged 40 and
above while it usually only affects women after menopause. Hence, the
increasing prevalence of gout is in turn driving the growth of the market
during the forecast period.
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Some major players in the market
include Pfizer Inc., Takeda Pharmaceutical Co. Ltd., and Teva Pharmaceutical
Industries Ltd., among others. The market players are contributing significantly
to the growth of the market by the adoption of various strategies including
mergers & acquisitions, geographical expansion, partnerships and
collaborations, and new product launches, to stay competitive in the market.
For instance, in July 2019, Unichem Pharmaceuticals (USA), Inc. announced the
launch of Allopurinol Tablets. Allopurinol Tablets is the generic version of
Zyloprim of Casper Pharma LLC., and is used for the management of patients with
signs and symptoms of primary or secondary gout.
Market
Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
Segment Covered-
·
By Type
·
By Application
Regions Covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
Competitive Landscape- Pfizer Inc., Takeda Pharmaceutical Co. Ltd.,
and Teva Pharmaceutical Industries Ltd., among others.
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Global Antigout Drug Market Report by Segment
By
Type
• Febuxostat
• Benzbromarone
• Allopurinol
• Colchicine
By
Application
• Acute Gout
• Chronic Gout
Global
Antigout Drug Market Report by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
·
Latin America
·
Middle East & Africa
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