Psoriasis is a chronic non-communicable disorder in which the immune system sends wrong signals directing skin cells to grow too quickly which results in patches of skin to be deposited on the body surface. The Psoriasis Treatment Market has been evaluated to be growing with a CAGR of ~7.3% during the forecasted period of 2016 to 2022.
Psoriasis mostly affects the knees, elbows and scalp, although other body parts may also be affected. Adults over 50 years are more prone to develop psoriasis and it also affects Caucasians disproportionately. Symptoms include pain, disfiguration and partial disability. The patient also suffers from social stigma and exclusion. The cause of psoriasis is unknown but risk factors include genetics, autoimmune diseases along with environmental factors such as pollution, exposure to allergens, chemicals etc. The greater concern is likelihood of patients with psoriasis developing cardiac disorders and chronic psoriatic arthritis. WHO estimates that psoriasis affects about 100 million people with prevalence rates ranging from 0.09% to 11.43% in different countries of the world. Plaque psoriasis is the most common form of psoriasis affecting 90% of all cases of psoriasis.
The Psoriasis Treatment Market is rising due to market driving factors such as rise in screening and growing prevalence of psoriasis. For example, the data from National Health and Nutrition Examination Survey revealed that in the United States prevalence of psoriasis increased from 1.62% to 3.10% from 2004 to 2010. Other market driving factors for the global psoriasis treatment market is rise in risk factors such as autoimmune diseases, diabetes etc.; greater exposure to environmental factors such as exposure to chemicals, allergens etc. along with growing awareness and screening of psoriasis.
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Global Psoriasis Treatment Market – Study Objectives
- To provide detail analysis of the market structure along with forecast for the next 6 years of the various segments and sub-segments of the global psoriasis treatment market.
- To provide insights about factors affecting the market growth.
- To analyze the market based on various analyses which includes price analysis, supply chain analysis, Porters Five Force analysis etc.
- To provide past and estimated future revenue of the market’s segments and sub-segments with respect to four main geographies and their countries including Americas, Europe, Asia-Pacific, and Middle East & Africa.
Global Psoriasis Treatment Market – Key Players
Major participants of this market are namely:
- Novartis International AG
- Johnson & Johnson
- Pfizer Inc
- Merck and Co. Inc
- AbbVie and Amgen
- Eli Lilly
Global Psoriasis Treatment Market – Regional Analysis
Depending on the geographic region, psoriasis treatment market is segmented into four key regions which includes Americas, Europe, Asia Pacific, and Middle East & Africa. Globally developed countries led by North America is the largest market for psoriasis treatment. Europe is the second largest market for psoriasis treatment. Developing regions such as Asia Pacific and Middle East & Africa are also high growing market of psoriasis.
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Global Psoriasis Treatment Market – Segmentation
Global psoriasis treatment market has been segmented on the basis of mechanism of action, route of administration and by drug types.
Major Table of Contents
1.2 Scope of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure:
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.5 Macroeconomic Indicators
4 Market Factor Analysis
List of Tables
Table 1 Global Psoriasis Treatment Market, 2013-2022 (USD Million)
Table 2 Global Psoriasis Treatment Market, By Mechanism of Action, 2013-2022 (USD Million)
Table 3 Global Psoriasis Treatment Market, By Route of Administration, 2013-2022 (USD Million)
List of Figures
Figure 1 Research Process
Figure 2 Porters Five Forces Model
Figure 3 Global Psoriasis Treatment Market, By Mechanism of Action
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