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Published: Mar, 2017 | Pages:
100 | Publisher: Grand View Research
Industry: Pharmaceutical | Report Format: Electronic (PDF)
The global gout therapeutics market is expected to reach a value of USD 8.3 billion By 2025, based on a new report by Grand View Research, Inc. The gout therapeutics market is anticipated to witness significant growth during the forecast period. This can be attributed to the introduction of major urate-lowering agents, approval of effective biologics, and increasing number of patients suffering from chronic gout. In December 2015, AstraZeneca's product, Zurampic (lesinurad), in combination with xanthine oxidase inhibitor (XOI) received an approval from the U. S. FDA to treat gout. Later in February 2016, the European Commission approved the drug throughout the European Union (EU). Hence, introduction of urate-lowering agents is expected to drive the market. Introduction of biologics to treat gout and increasing adoption of newer therapies further help propel the industry. For instance, in March 2013, Novartis received an EU approval for the product, Ilaris, for use in the treatment of patients suffering from gouty arthritis. Further Key Findings From the Study Suggest: • Nonsteroidal Anti-inflammatory Agents (NSAIDs) accounted for the highest share of the market in 2015, which can be credited to highest penetration, higher demand due to low cost, and efficient pain relief. • Urate-lowering agents segment is expected to grow at the highest rate over the coming years. Expected entry of various new drugs, increasing adoption of drugs, and growing investment by key players for development of these agents are likely to drive the segment. • Chronic gout dominated in 2015 and is expected to maintain its dominance during the forecast period. Approval of new drugs to treat chronic gout and long-term expenditure for treatment are the key factors responsible to propel the industry. • NSAIDs, colchicine, and corticosteroids are majorly used to treat acute gout, and urate-lowering agents are utilized in chronic gout treatment in combination with NSAIDs or Colchicine. • Geographically, North America dominated the overall industry in 2015. This is attributed to higher adoption of the newer & expensive treatments and rising awareness about arthritic conditions. • Asia Pacific is expected to witness highest growth during the forecast period due to growing awareness and increasing healthcare expenditure. Furthermore, growing investment in the region by key players is likely to boost the regional growth. • Some of the key players are Takeda Pharmaceutical Company Ltd.; Novartis AG; Savient Pharmaceuticals; AstraZeneca plc; GlaxoSmithKline plc; Merck& Co. Inc.; Teijin Pharma Ltd.; and Regeneron Pharmaceuticals.
Table of Content Chapter 1 Research Methodology 1.1 Information Procurement 1.2 Data Analysis Chapter 2 Executive Summary 2.1 Market Snapshot Chapter 3 Gout Therapeutics Market Variables, Trends & Scope 3.1 Market Segmentation and Scope 3.1.1 Market driver analysis 3.1.1.1 Introduction of urate-lowering agents 3.1.1.2 Rising prevalence of gout 3.1.2 Market restraint analysis 3.1.2.1 Competition from generic drugs 3.1.2.2 High cost of recently launched drugs 3.2 Penetration & Growth Prospects Mapping 3.3 Gout Therapeutics Market - PESTLE Analysis 3.4 Industry Analysis - Porter's 3.5 Gout Therapeutics Competitive Scenario 3.5.1 Competitive landscape: Market position analysis (based on product portfolio, regional presence and strategic initiatives) Chapter 4 Gout Therapeutics: Drug Class Estimates & Trend Analysis 4.1 Global Gout Therapeutics Market: Drug Class Movement Analysis 4.2 NSAIDs 4.2.1 NSAIDs market estimates and forecasts, 2014 - 2025 (USD Million) 4.3 Corticosteroids 4.3.1 Corticosteroids market estimates and forecasts, 2014 - 2025 (USD Million) 4.4 Colchicine 4.4.1 Colchicine market estimates and forecasts, 2014 - 2025 (USD Million) 4.5 Urate-Lowering Agents 4.5.1 Urate-lowering agents market estimates and forecasts, 2014 - 2025 (USD Million) Chapter 5 Gout Therapeutics: Disease Condition Estimates & Trend Analysis 5.1 Global Gout Therapeutics Market: Disease Condition Movement Analysis 5.2 Acute Gout 5.2.1 Acute market estimates and forecasts, 2014 - 2025 (USD Million) 5.3 Chronic Gout 5.3.1 Chronic gout market estimates and forecasts, 2014 - 2025 (USD Million) Chapter 6 Gout Therapeutics: Regional Estimates & Trend Analysis 6.1 Regional Movement Analysis & Market Share, 2015 & 2025 6.2 North America 6.2.1 North America gout therapeutics market, by drug class, 2014 - 2025 (USD Million) 6.2.2 North America gout therapeuticsmarket, by disease condition , 2014 - 2025 (USD Million) 6.2.3 U.S. 6.2.3.1 U.S. gout therapeutics market, by drug class, 2014 - 2025 (USD Million) 6.2.3.2 U.S. gout therapeuticsmarket, by disease condition , 2014 - 2025 (USD Million) 6.2.4 Canada 6.2.4.1 Canada gout therapeuticsmarket, by drug class, 2014 - 2025 (USD Million) 6.2.4.2 Canadagout therapeuticsmarket, by disease condition , 2014 - 2025 (USD Million) 6.3 Europe 6.3.1 Europe gout therapeuticsmarket, by drug class, 2014 - 2025 (USD Million) 6.3.2 Europe gout therapeuticsmarket, by disease condition , 2014 - 2025 (USD Million) 6.3.3 Germany 6.3.3.1 Germany gout therapeuticsmarket, by drug class, 2014 - 2025 (USD Million) 6.3.3.2 Germanygout therapeuticsmarket, by disease condition , 2014 - 2025 (USD Million) 6.3.4 UK 6.3.4.1 UK gout therapeuticsmarket, by drug class, 2014 - 2025 (USD Million) 6.3.4.2 UK gout therapeuticsmarket, by disease condition , 2014 - 2025 (USD Million) 6.4 Asia Pacific 6.4.1 Asia Pacific gout therapeuticsmarket, by drug class, 2014 - 2025 (USD Million) 6.4.2 Asia Pacific gout therapeuticsmarket, by disease condition , 2014 - 2025 (USD Million) 6.4.3 Japan 6.4.3.1 Japan gout therapeuticsmarket, by drug class, 2014 - 2025 (USD Million) 6.4.3.2 Japan gout therapeuticsmarket, by disease condition , 2014 - 2025 (USD Million) 6.4.5 China 6.4.5.1 China gout therapeuticsmarket, by drug class, 2014 - 2025 (USD Million) 6.4.5.2 China gout therapeuticsmarket, by disease condition , 2014 - 2025 (USD Million) 6.5 Latin America 6.5.1 Latin America gout therapeuticsmarket, by drug class, 2014 - 2025 (USD Million) 6.5.2 Latin America gout therapeuticsmarket, by disease condition , 2014 - 2025 (USD Million) 6.5.3 Brazil 6.5.3.1 Brazil gout therapeuticsmarket, by drug class, 2014 - 2025 (USD Million) 6.5.3.2 Brazilgout therapeuticsmarket, by disease condition , 2014 - 2025 (USD Million) 6.5.4 Mexico 6.5.4.1 Mexicogout therapeuticsmarket, by drug class, 2014 - 2025 (USD Million) 6.5.4.2 Mexicogout therapeuticsmarket, by disease condition , 2014 - 2025 (USD Million) 6.6 MEA 6.6.1 MEA gout therapeuticsmarket, by drug class, 2014 - 2025 (USD Million) 6.6.2 MEA gout therapeuticsmarket, by disease condition , 2014 - 2025 (USD Million) 6.6.3 South Africa 6.6.3.1 South Africa gout therapeuticsmarket, by drug class, 2014 - 2025 (USD Million) 6.6.3.2 South Africagout therapeuticsmarket, by disease condition , 2014 - 2025 (USD Million) Chapter 7 Competitive Landscape 7.1 Takeda Pharmaceutical Company Ltd. 7.1.1 Company overview 7.1.2 Financial performance 7.1.3 Product benchmarking 7.1.4 Strategic initiatives 7.2 Novartis 7.2.1 Company overview 7.2.2 Financial performance 7.2.3 Product benchmarking 7.2.4 Strategic initiatives 7.3 Savient Pharmaceuticals 7.3.1 Company overview 7.3.2 Financial performance 7.3.3 Product benchmarking 7.3.4 Strategic initiatives 7.4 Regeneron Pharmaceuticals 7.4.1 Company overview 7.4.2 Financial performance 7.4.3 Product benchmarking 7.4.4 Strategic initiatives 7.5 AstraZeneca plc 7.5.1 Company overview 7.5.2 Financial performance 7.5.3 Product benchmarking 7.5.4 Strategic initiatives 7.6 Horizon Pharma plc 7.6.1 Company overview 7.6.2 Financial performance 7.6.3 Product benchmarking 7.6.4 Strategic Initiatives 7.7 Boehringer Ingelheim 7.7.1 Company overview 7.7.2 Financial performance 7.7.3 Product benchmarking 7.7.4 Strategic initiatives 7.8 Merck & Co. Inc 7.8.1 Company overview 7.8.2 Financial performance 7.8.3 Product benchmarking 7.8.4 Strategic initiatives 7.9 Teijin Pharma Ltd 7.9.1 Company overview 7.9.2 Financial performance 7.9.3 Product benchmarking 7.9.4 Strategic initiatives 7.10 GlaxoSmithKline plc 7.10.1 Company overview 7.10.2 Financial performance 7.10.3 Product benchmarking 7.10.4 Strategic initiatives
List of Tables TABLE 1 Gout therapeutics market - global market current and forecast by regions (2015 - 2024) in (USD Million) TABLE 2 North America gout therapeutics market estimates and forecasts, by country, 2014 - 2025 (USD Million) TABLE 3 North America gout therapeutics market estimates and forecasts, by drug class, 2014 - 2025 (USD Million) TABLE 4 North America gout therapeutics market estimates and forecasts, by disease condition, 2014 - 2025 (USD Million) TABLE 5 U.S. gout therapeutics market estimates and forecasts, by drug class, 2014 - 2025 (USD Million) TABLE 6 U.S. gout therapeutics market estimates and forecasts, by disease condition, 2014 - 2025 (USD Million) TABLE 7 Canada gout therapeutics market estimates and forecasts, by drug class, 2014 - 2025 (USD Million) TABLE 8 Canada gout therapeutics market estimates and forecasts, by disease condition, 2014 - 2025 (USD Million) TABLE 9 Europe gout therapeutics market estimates and forecasts, by country, 2014 - 2025 (USD Million) TABLE 10 Europe gout therapeutics market estimates and forecasts, by drug class, 2014 - 2025 (USD Million) TABLE 11 Europe gout therapeutics market estimates and forecasts, by disease condition, 2014 - 2025 (USD Million) TABLE 12 UK gout therapeutics market estimates and forecasts, by drug class, 2014 - 2025 (USD Million) TABLE 13 UK gout therapeutics market estimates and forecasts, by disease condition, 2014 - 2025 (USD Million) TABLE 14 Germany gout therapeutics market estimates and forecasts, by drug class, 2014 - 2025 (USD Million) TABLE 15 Germany gout therapeutics market estimates and forecasts, by disease condition, 2014 - 2025 (USD Million) TABLE 16 Asia Pacific gout therapeutics market estimates and forecasts, by region, 2014 - 2025 (USD Million) TABLE 17 Asia Pacific gout therapeutics market estimates and forecasts, by drug class, 2014 - 2025 (USD Million) TABLE 18 Asia Pacific gout therapeutics market estimates and forecasts, by disease condition, 2014 - 2025 (USD Million) TABLE 19 Japan gout therapeutics market estimates and forecasts, by drug class, 2014 - 2025 (USD Million) TABLE 20 Japan gout therapeutics market estimates and forecasts, by disease condition, 2014 - 2025 (USD Million) TABLE 21 China gout therapeutics market estimates and forecasts, by drug class, 2014 - 2025 (USD Million) TABLE 22 China gout therapeutics market estimates and forecasts, by disease condition, 2014 - 2025 (USD Million) TABLE 23 Latin America gout therapeutics market estimates and forecasts, by country, 2014 - 2025 (USD Million) TABLE 24 Latin America gout therapeutics market estimates and forecasts, by drug class, 2014 - 2025 (USD Million) TABLE 25 Latin America gout therapeutics market estimates and forecasts, by disease condition, 2014 - 2025 (USD Million) TABLE 26 Brazil gout therapeutics market estimates and forecasts, by drug class, 2014 - 2025 (USD Million) TABLE 27 Brazil gout therapeutics market estimates and forecasts, by disease condition, 2014 - 2025 (USD Million) TABLE 28 Mexico gout therapeutics market estimates and forecasts, by drug class, 2014 - 2025 (USD Million) TABLE 29 Mexico gout therapeutics market estimates and forecasts, by disease condition, 2014 - 2025 (USD Million) TABLE 30 MEA gout therapeutics market estimates and forecasts, by country, 2014 - 2025 (USD Million) TABLE 31 MEA gout therapeutics market estimates and forecasts, by drug class, 2014 - 2025 (USD Million) TABLE 32 MEA gout therapeutics market estimates and forecasts, by disease condition, 2014 - 2025 (USD Million) TABLE 33 South Africa gout therapeutics market estimates and forecasts, by drug class, 2014 - 2025 (USD Million) TABLE 34 South Africa gout therapeutics market estimates and forecasts, by disease condition, 2014 - 2025 (USD Million)
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