Global Gout Therapeutics Market Size & Outlook, 2023-2030
Global gout therapeutics market, 2018-2030 (US$M)
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Global gout therapeutics market highlights
- The global gout therapeutics market generated a revenue of USD 2,701.8 million in 2023 and is expected to reach USD 4,129.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.2% by 2030.
- In terms of segment, nsaids accounted for a revenue of USD 1,157.4 million in 2023.
- Urate lowering agents is the most lucrative drug class segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,701.8 million |
| Market revenue in 2030 | USD 4,129.7 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | Nsaids |
| Fastest growing segment | Urate lowering agents |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | NSAIDs, Corticosteroids (Prednisone), Colchicine, Urate lowering agents |
Other key industry trends
- In terms of revenue, the North America accounted for 47.7% of the global gout therapeutics market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 35.6 million by 2030.
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Gout Therapeutics Market Scope
Gout Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global gout therapeutics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gout therapeutics market will help companies and investors design strategic landscapes.
Nsaids was the largest segment with a revenue share of 42.84% in 2023. Horizon Databook has segmented the Global gout therapeutics market based on nsaids, corticosteroids (prednisone), colchicine, urate lowering agents covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Gout Therapeutics Drug Class Outlook (Revenue, USD Million, 2018-2030)
- NSAIDs
- Corticosteroids (Prednisone)
- Colchicine
- Urate lowering agents
- Others
- Global Gout Therapeutics Drug Condition Outlook (Revenue, USD Million, 2018-2030)
- Acute
- Chronic
- Global Gout Therapeutics Channel Outlook (Revenue, USD Million, 2018-2030)
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
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Our clientele includes a mix of gout therapeutics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global gout therapeutics market , including forecasts for subscribers. This global databook contains high-level insights into Global gout therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global gout therapeutics market size, by regions, 2018-2030 (US$M)
Top 10 countries: Gout therapeutics market size, 2023 (US$M)
Global gout therapeutics market share, by drug class, 2023 & 2030 (%, US$M)
Gout therapeutics market: Opportunity assessment by country
Global gout therapeutics market, by region, 2023 (US$M)
| Drug Class | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 954.7 | 1,045.4 | 1,043.1 | 1,055.1 | 1,190.6 | 1,287.6 | 1,337.4 | 1,430.4 | 1,532.8 | 1,581.3 | 1,672.6 | 1,785.7 | 1,924.0 | 5.9% |
| Europe | 445.4 | 487.7 | 489.4 | 497.7 | 564.8 | 614.2 | 641.5 | 690.0 | 743.5 | 771.3 | 820.4 | 880.8 | 954.4 | 6.5% |
| Asia Pacific | 391.8 | 429.0 | 434.0 | 444.9 | 508.8 | 557.7 | 587.0 | 636.1 | 690.6 | 721.8 | 773.4 | 836.3 | 912.7 | 7.3% |
| Latin America | 114.7 | 125.6 | 124.4 | 124.8 | 139.7 | 149.8 | 154.3 | 163.7 | 173.9 | 177.8 | 186.4 | 197.3 | 210.6 | 5.0% |
| MEA | 71.2 | 78.0 | 77.1 | 77.2 | 86.3 | 92.4 | 95.0 | 100.5 | 106.6 | 108.8 | 113.8 | 120.2 | 128.0 | 4.8% |
| Overall | 1,977.8 | 2,165.8 | 2,167.9 | 2,199.7 | 2,490.1 | 2,701.8 | 2,815.2 | 3,020.8 | 3,247.3 | 3,360.9 | 3,566.6 | 3,820.2 | 4,129.7 | 6.3% |
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