Gout is a chronic disease characterized by pain and inflammation in the joints. It is also known as gout arthritis, in which a high level of uric acid in the blood leads to the formation of needle-like crystals in the joints, resulting in inflammation and pain. This condition can be treated or prevented with the use of drugs such as nonsteroidal anti-inflammatory drugs, corticosteroids, colchicine, and urate-lowering agents. Moreover, monoclonal antibodies is also used to treat gout in certain cases in which, nonsteroidal anti-inflammatory drugs, corticosteroids, colchicine, and urate lowering agents are unresponsive to the patient.
Market Dynamics
Increasing prevalence of gout disease is expected to increase demand for anti-gout drugs, which is expected to drive growth of the Asia gout disease treatment market growth over the forecast period. For instance, according to the National Center for Biotechnology Information (NCBI) (Rheumatology journal), the prevalence of gout in 2021 increased in South Korea compared to 2007 (earlier reported prevalence). In 2020, the prevalence of gout disease in South Korea was 3.49 (3.48-3.51) per 1,000 persons, and in 2020, the prevalence of gout disease in South Korea was 7.58 (7.55-7.60) per 1,000 persons. Moreover, according to the data from the Australian Bureau of Statistics 2020–2021 (a National Health Survey), an estimated 187,000 people in Australia (0.8% of the population) were diagnosed with gout disease in 2021.
Moreover, increasing product approvals by regulatory authorities is expected to drive growth of the Asia gout disease treatment market. For instance, in July 2022, the United States Food and Drug Administration approved an expanded label of Horizon’s Krystexxa to improve the treatment outcomes for patients with uncontrolled gout. Also, in January 2021, Dr. Reddy’s Laboratories Ltd. ultinational pharmaceutical company based in India, launched Febuxostat Tablets, a therapeutic equivalent generic version of Uloric (Febuxostat) Tablets in the U.S. The tablets are available in 40 mg and 80 mg strengths in bottle count sizes of 30 tablets.
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