Data Bridge Market Research analyses that the Psoriasis Market was valued at USD 24.33 billion in 2021 and is expected to reach USD 49.20 billion by 2029, registering a CAGR of 9.20% during the forecast period of 2022 to 2029.

Industry Analysis

In recent years, the psoriasis market is anticipated to proliferate during the forecast period. Despite the fact that healthcare is progressively migrating to value-based care for better patient outcomes and enhanced quality of life, the global rise in psoriasis prevalence is encouraging investments in treatment and management strategies. As a result, manufacturers in the psoriasis industry have shifted their focus to research and development in order to improve disease management, resulting in the creation of newer, more effective medications.

The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Psoriasis is a skin condition in which skin cells reproduce 10 times quicker than they should. This causes rough red patches with white scales to form on the skin. They can grow on the scalp, elbows, knees, and lower back, but they are most common there. It is impossible to spread psoriasis from one person to another. Early adulthood is when psoriasis first emerges. It only impacts a few locations for most people. Psoriasis can spread across the body in extreme situations.

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Global Psoriasis Market Scope

The psoriasis market is segmented on the basis of types, treatment, diagnosis, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Types

·       Nail Psoriasis

·       Guttate Psoriasis

·       Psoriatic Arthritis

·       Others

Treatment

·       Medication

·       Tumour necrosis factor inhibitors

·       Interleukin-inhibitors

·       Vitamin D analogues

·       Corticosteroids

Others

·       Phototherapy

·       Others

Diagnosis

·       Physical Examination

·       Skin Biopsy

·       Others

Route of Administration

·       Oral

·       Topical

·       Others

End-Users

·       Hospitals

·       Specialty Clinics

·       Homecare

·       Others

Distribution Channel

·       Hospital Pharmacy

·       Retail Pharmacy

·       Online Pharmacy

·       Others

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Psoriasis Market Regional Analysis/Insights

The psoriasis market is analysed and market size insights and trends are provided by country, types, treatment, diagnosis, route of administration, end-users and distribution channel as referenced above.

The countries covered in the psoriasis market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

North America dominates the psoriasis market because of the growing presence of major key players and the rising number of research and development activities will further propel the market's growth rate in this region.

Asia-Pacific are expected to grow during the forecast period due to the surging number of generic manufacturers and growing government initiatives in this region. Also, the development of healthcare infrastructure will further propel the market's growth rate in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Psoriasis Market Share Analysis

The psoriasis market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to psoriasis market.

Some of the major players operating in the psoriasis market are:

·       Pfizer Inc. (US)

·       GlaxoSmithKline plc (UK)

·       Novartis AG (Switzerland)

·       Mylan N.V. (US)

·       Teva Pharmaceutical Industries Ltd. (Israel)

·       Sanofi (France)

·       Boehringer Ingelheim International GmbH. (Germany)

·       AstraZeneca (UK)

·       Johnson & Johnson Private Limited (US)

·       Bayer AG (Germany)

·       Merck & Co., Inc. (US)

·       F. Hoffmann-La Roche Ltd. (Switzerland)

·       Bristol-Myers Squibb Company (US)

·       Cadila Pharmaceuticals (India) 

·       Eli Lilly and Company (US)

·       LEO Pharma A/S (Denmark)

·       Cipla Inc. (US)

·       Aurobindo Pharma (India)

·       Lupin (India)

·       Sumitomo Corporation (Japan)

MAJOR TOC OF THE REPORT

Ø  Chapter One: Introduction

Ø  Chapter Two: Market Segmentation

Ø  Chapter Three: Market Overview

Ø  Chapter Four: Executive Summary

Ø  Chapter Five: Premium Insights

Ø  Chapter Six: Global Psoriasis Market by Product & Procedure type

Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=global-psoriasis-market

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