Colchicine Market - Forecast(2017-2025)
Colchicine is a drug used to treat gout disease and available as colcry, mitigare, zyclochin and so on brand names. It function is not to cure gout disease rather it prevents causing gout attacks. Also it is not an ordinary pain reliever and it can be used daily under doctor’s prescription. It is available in different forms. FDA government put a ban on Colchicine drug. U.S are the largest markets in colchicine market.
Colchicine Market Outlook:
Colchicine is anti-gout, anti-inflammatory drug using from several years onwards. Its function is to lessen the uric acid in blood. It is available as different forms like tablets, capsules, ointment and so on. Preventing gout disease is primary function of colchicine drug. FMF (Familial Mediterranean fever) disease is also using this drug. The applications industries of this drug are chemical, pharmaceutical, agricultural and so on.
Geriatrics are suffered from gout attack. They prefer colchicine drug on daily basis. This is one of the driving force in the market that increases the market growth. Daily consumption for curing FMF in adults and child 4 years old became driving force in this market.
Colchicine Market Challenges:
The price fluctuations of colchicine drug is a challenge in this market. After 2009, cost of this drug suddenly increases to $0.10 to $5. Researches are finding to reduce the cost of the drug comparing with generic colchicine drug.
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the colchicine. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of colchicine market, and their specific applications in different types of vehicles.
We also publish more than 100 reports every month in "Chemicals and Materials", Go through the Domain if there are any other areas for which you would like to get a market research study.
Colchicine Market Outlook:
Colchicine is anti-gout, anti-inflammatory drug using from several years onwards. Its function is to lessen the uric acid in blood. It is available as different forms like tablets, capsules, ointment and so on. Preventing gout disease is primary function of colchicine drug. FMF (Familial Mediterranean fever) disease is also using this drug. The applications industries of this drug are chemical, pharmaceutical, agricultural and so on.
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Colchicine market report comprises of pricing analysis for different brands of colchicine available in the market. The average price of generic brand colchicine for o.6mg is around $180 to $202. The brand name colcrys has average price of $181-$264 and Mitigare has $192 to $229. Different generic colchicine tablets varies from 10-30 rupees for 10 tablets of 0.5 mg.
Colchicine Market Growth Drivers:
Colchicine market report comprises of pricing analysis for different brands of colchicine available in the market. The average price of generic brand colchicine for o.6mg is around $180 to $202. The brand name colcrys has average price of $181-$264 and Mitigare has $192 to $229. Different generic colchicine tablets varies from 10-30 rupees for 10 tablets of 0.5 mg.
Colchicine Market Growth Drivers:
Geriatrics are suffered from gout attack. They prefer colchicine drug on daily basis. This is one of the driving force in the market that increases the market growth. Daily consumption for curing FMF in adults and child 4 years old became driving force in this market.
Colchicine Market Challenges:
The price fluctuations of colchicine drug is a challenge in this market. After 2009, cost of this drug suddenly increases to $0.10 to $5. Researches are finding to reduce the cost of the drug comparing with generic colchicine drug.
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Colchicine Market Research Scope:
Colchicine Market Research Scope:
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the colchicine. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of colchicine market, and their specific applications in different types of vehicles.
We also publish more than 100 reports every month in "Chemicals and Materials", Go through the Domain if there are any other areas for which you would like to get a market research study.
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