Psoriasis Treatment Market, Growth, Analysis and Forecast 2017 - Acute Market Re

Posted by akshayparmar on November 3rd, 2017

Psoriasis Treatment Market - Growth, Future Prospects and Competitive Analysis, 2017 - 2025 the global Psoriasis Treatment market was valued at US$ 8.3 Bn in 2017, and is expected to reach US$ 12.8 Bn by 2025, expanding at a CAGR of 5.4% from 2017 to 2025.

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Market Insights

Psoriasis is a chronic, inflammatory, painful skin disease for which there is no cure with great negative impact on patient’s quality of life. Primary goal of treatment is to reduce inflammation and to stop the skin cells from growing quickly. Psoriasis treatment market is rapidly growing due to factors such as growing prevalence in some countries, significant unmet needs, promising pipeline molecules would drive the growth of psoriasis market worldwide. For the purpose of study, global psoriasis treatment market is segmented on the basis of drug class such as TNF Inhibitors, Vitamin D analogues, interleukin blockers and other psoriasis medication. It is observed that, in the base year 2016, interleukin blockers was major revenue contributing segment due to its long-term safety with lower risk of infection and malignancy.

Market Competition Assessment:

The psoriasis treatment market is observed to be highly competitive and comprises large number of players. However, the market is currently dominated by few players such as AbbVie Inc., Amgen Inc., AstraZeneca, Biogen, Boehringer Ingelheim, Celgene, Eli Lilly and Company, Johnson & Johnson, LEO Pharma A/S, Merck & Co., Inc., Novartis AG, Pfizer, Inc., Stiefel Laboratories Inc. (GlaxoSmithKline plc.), Sun Pharmaceutical Industries and other.

Key Market Movements:

• Factors such as higher prevalence psoriasis disease, increasing treatment awareness, higher treatment compliance and favorable reimbursement policies in some countries are driving the market growth of psoriasis treatment worldwide.
• Due to the high unmet needs, vendors in the market are focusing in development of ideal treatment, promising pipeline molecule, rising access for the treatment medication in some developing countries, increase in incidence of psoriasis and skin disorders would fuel the growth of psoriasis treatment market during forecast period.
• However, patent expiry of blockbuster drugs leads to generic erosion and adverse effects associated with the use of medication which would negatively impact the growth of psoriasis treatment market.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology

Chapter 2 Executive Summary
2.1 Global Psoriasis Treatment Market Snapshot
2.2 Global Psoriasis Treatment Market, by Drug Class, 2016 (US$ Bn)
2.3 Global Psoriasis Treatment Market, by Route of Administration, 2016 (US$ Bn)
2.4 Global Psoriasis Treatment Market Share, by Geography, 2016 (Value %)

Chapter 3 Psoriasis Treatment Market Analysis
3.1 Global Psoriasis Treatment Market Overview
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Higher prevalence of Psoriasis
3.2.1.2 Promising pipeline molecules
3.2.2 Challenges
3.2.3 Opportunities

Chapter 4 Global Psoriasis Treatment Market, by Drug Class
4.1 Overview
4.2 TNF Inhibitors
4.3 Vitamin D Analogues
4.4 Interleukin Blockers
4.5 Topical Corticosteroids

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