Global Psoriasis Therapeutics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Plaque Psoriasis, Psoriatic Arthritis, and Others.

By Route of Administration;

Oral, Parenteral/Systemic, and Topical.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn129461011 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Psoriasis Therapeutics Market (USD Million), 2021 - 2031

In the year 2023, the Global Psoriasis Therapeutics Market was valued at USD 24,160.84 million. The size of this market is expected to increase to USD 44,337.43 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 9.1%.

Psoriasis, a chronic autoimmune skin condition characterized by red, scaly patches, affects millions of individuals worldwide, imposing a significant burden on patients and healthcare systems alike. As awareness about psoriasis and its impact on quality of life continues to grow, the demand for innovative and effective treatment options is on the rise. The market for psoriasis therapeutics encompasses a wide range of pharmaceutical and biologic agents, topical treatments, phototherapy, and systemic medications. These therapies aim to alleviate symptoms, reduce inflammation, and prevent disease progression, thereby improving patients' overall well-being and minimizing the risk of comorbidities associated with untreated psoriasis.

Key drivers fueling the growth of the Global Psoriasis Therapeutics Market include increasing disease prevalence, advancements in biotechnology and drug development, and a growing emphasis on personalized medicine approaches. Additionally, factors such as expanding healthcare infrastructure, rising healthcare expenditure, and greater access to healthcare services in emerging economies contribute to market expansion.

The market is not without its challenges. Despite the availability of numerous treatment options, achieving satisfactory outcomes for all patients remains a considerable hurdle. Factors such as treatment resistance, adverse effects, and high costs of biologic therapies pose challenges to both patients and healthcare providers. Moreover, disparities in access to healthcare and disparities in disease awareness and diagnosis further complicate efforts to effectively manage psoriasis on a global scale.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Route of Administration
    3. Market Snapshot, By Region
  4. Global Psoriasis Therapeutics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Prevalence of Psoriasis Worldwide

        2. Advancements in Biologic Therapies and Drug Development

        3. Growing Emphasis on Personalized Medicine Approaches

      2. Restraints
        1. High Cost of Biologic Therapies and Specialty Medications

        2. Treatment Resistance and Lack of Response in Some Patients

        3. Adverse Effects and Safety Concerns Associated with Certain Treatments

      3. Opportunities
        1. Development of Targeted Biologic Therapies for Specific Psoriasis Subtypes

        2. Integration of Digital Health Solutions for Remote Monitoring and Patient Support

        3. Expansion into Emerging Markets with Untapped Potential

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Psoriasis Therapeutics Market, By Type, 2021 - 2031 (USD Million)
      1. Plaque Psoriasis

      2. Psoriatic Arthritis

      3. Others

    2. Global Psoriasis Therapeutics Market, By Route of Administration, 2021 - 2031 (USD Million)
      1. Oral

      2. Parenteral/Systemic

      3. Topical

    3. Global Psoriasis Therapeutics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AbbVie Inc. (U.S.)
      2. Novartis AG (Switzerland)
      3. Johnson & Johnson Services, Inc.(U.S.)
      4. Pfizer Inc. (U.S.)
      5. LEO Pharma A/S (Denmark)
      6. Merck & Co., Inc. (U.S.)
      7. Amgen Inc. (U.S.)
      8. Eli Lilly and Company (U.S.)
      9. Evelo Biosciences, Inc. (U.S.)
      10. UCB S.A. (Belgium)
  7. Analyst Views
  8. Future Outlook of the Market