Novel Therapies to Boost Gout Disease
Treatment Market, but Physician Education Needs to Be Improved, says Publisher
Thanks to the introduction of novel therapies
in the near future, the gout disease treatment market value will increase from
$989 million in 2013 to $2.28 billion by 2018, at a significant Compound Annual
Growth Rate (CAGR) of 18.2%, forecasts research and consulting firm by
Publisher.
The company’s latest report* states that out
of the six major markets (6MM: the US, France, Germany, Italy, Spain and the
UK), the US accounted for 90% of the 2013 gout treatment sales. This was due to
the wide use of Colcrys therapy, which is not generically available in the US,
as well as the high prevalence of gout in the country.
The five European countries (5EU) are now
experiencing a dramatic increase in gout prevalence, which is 2.3 times faster
than in the US. By the end of the forecast period, Publisher expects the 5EU to
have a market share of 12.5%.
According to Analyst covering Cardiovascular
& Metabolic Disorders, says: “With the recent approval of the powerful
anti-inflammatory therapy Ilaris, and the market entry of two novel
urate-lowering therapies, lesinurad and ulodesine, physicians will have more
options available to tackle difficult-to-treat gout.”
However, Gburcik says that despite advances
in gout disease treatment, physician education remains the greatest unmet need
in the gout therapeutics market.
The analyst continues: “The standard
treatments are effective in most gout patients, therefore making gout a
potentially curable disease. However, there is a growing number of patients for
whom the standard therapies are inappropriate.
“Since most physicians still do not take gout
seriously enough, they are passing on this attitude to their patients, who are
consequently unaware of the importance of keeping their urate levels down and
are not sticking to the appropriate therapy. This in turn is leading to an
increase in the difficult-to-treat patient pool,” Gburcik concludes.
"OpportunityAnalyzer: Gout - Opportunity
Analysis and Forecast to 2018" report provides an overview of gout
disease, including epidemiology, etiology, pathophysiology, symptoms, diagnosis,
and treatment guidelines. It also provides annualized gout therapeutics market
revenue, annual cost of therapy and treatment usage pattern data from 2013 to
2018.
This report was built using data and
information sourced from proprietary databases, primary and secondary research,
and in-house analysis conducted by Publisher’s team of industry experts.
Browse this report: http://mrr.cm/Zgn
Find
all Pharma and Healthcare reports at: http://www.marketresearchreports.com/pharma-healthcare
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