Psoriasis Treatment Market Research Report Information By Drug Class (Tumor Necrosis Factor (TNF) Inhibitors {Adalimumab, Infliximab, Etanercept}, Anticholinergics {Ustekinumab, SecU.K.Inumab, Ixekizumab, Brodalumab}, Vitamin D Analogues {Calcitriol, Calcipotriol, Tacalcitol }), Treatment Type By Topicals ({Over-The-Counter (OTC) Topicals, Topical Non-Steroids, Topical Steroids}, Systemic {Retinoid, Cyclosporine, Methotrexate}, Biologics {Tumor Necrosis Factor Alpha (TNF-Α) Inhibitors, InterleU.K.In 12 And 23 (IL-12/23) Inhibitors, InterleU.K.In 17 (IL-17) Inhibitor, T Cell Inhibitor}) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Forecast Till 2030
Psoriasis Treatment Market Size was valued at USD 14.25 billion in 2021 and is projected to grow from USD 16.45 billion in 2022 to USD 48.33 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.80% during the forecast period (2022 – 2030). Increasing number of patients of psoriasis and increasing prevalence of skin disorders in the developed nations are driving the market growth.
The global psoriasis treatment market refers to the market for products and services related to the treatment of psoriasis, a chronic skin condition that affects millions of people worldwide. This market includes various types of treatments, such as topical treatments, phototherapy, systemic treatments, and biologics. The global psoriasis treatment market is a rapidly growing market driven by the increasing prevalence of psoriasis and the introduction of new and innovative treatments.
The COVID-19 pandemic has had a significant impact on the global psoriasis treatment market. The pandemic has disrupted the healthcare system and has led to a slowdown in the production and distribution of psoriasis treatments, causing a shortage of some treatments in certain regions.
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On the other hand, the pandemic has also led to an increase in the use of telemedicine and online consultations, which has helped to maintain continuity of care for patients with psoriasis.
Market Segmentation
The Global Psoriasis Treatment Market has been segmented into drug class, treatment type, route of administration and end- user.
Based on the drug class, the market has been segmented into Interleukins , TNF Inhibitors and Others.
Based on the treatment type, the market has been segmented into Biologic Drugs, Small Molecule Systemic Drugs and Tropical Therapies.
Based on the route of administration, the market has been segmented Oral, Parenteral and Topical.
Based on the end- user, the market has been segmented Hospital Pharmacies, Online pharmacies and Retail Pharmacies.
Key Players
Some of the key market players are:
- Johnson & Johnson Services, Inc. (US)
- Pfizer Inc. (US)
- LEO Pharma A/S (Denmark)
- Novartis AG (Switzerland)
- Merck & Co., Inc. (US)
- UCB S.A. (Belgium)
- AbbVie Inc. (US)
- Sun Pharmaceutical Industries Ltd. (India)
- Eli Lilly and Company (US)
- Amgen Inc. (US)
- Evelo Biosciences, Inc. (US)
Psoriasis Treatment Market Regional Analysis
North America is currently the largest region in the global psoriasis treatment market. This is due to several factors, such as the high prevalence of psoriasis in the region, the availability of advanced healthcare infrastructure, and the presence of major pharmaceutical companies that are actively involved in the development and marketing of psoriasis treatments.
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In North America, the United States is the largest market for psoriasis treatments, driven by the increasing prevalence of psoriasis, the high unmet medical need, and the availability of advanced treatments such as biologics. The presence of a large number of specialty dermatology clinics, as well as the increasing awareness about psoriasis and its treatments, is also driving market growth in the region.
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