Psoriasis Treatment Market was Valued at US$ 21,478.0 Mn in 2018

Posted by venkatakiran on September 30th, 2019

Global Psoriasis Treatment Market was Valued at US$ 21,478.0 Mn in 2018, Rising Prevalence of Psoriasis Among People

Analyst Speak:

 

The Global Psoriasis Treatment Market was valued around US$ 21,478.0 Mn by 2018 and growing at a CAGR of 11.1% over next seven years 2019-2025 due torising prevalence of psoriasis among people

The global Psoriasis Treatment market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Rapid availability of biologic and biosimilar products, frequently growing geriatric populations, increasing biological therapy approvalsare some the key factors fostering the market growth. However, factors such as huge cost involved in drug development and side effects associated with psoriasis such as hypertension and kidney damage are inhibiting the market growth.

Global Psoriasis Treatment market segmented on the basis of psoriasis type, drug class, route of administration, end user and region.

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Plaque Psoriasis dominate the Global Psoriasis Treatment Market

Based on psoriasis type, global psoriasis treatment market is segmented into psoriatic psoriasis, plaque psoriasis, inverse psoriasis, guttate psoriasis and flexural psoriasis. Plaque psoriasis held considerable market growth during estimated period.Chronic plaque psoriasis is the most common type of psoriasis. Plaques of psoriasis are usually present on the knees, elbows, trunk, scalp, behind ears and between the buttocks although other areas are also involved. A variety of nondrug therapies for chronic plaque psoriasis have been suggested, including acupuncture, psychotherapy etc. Psoriasis is a common, chronic inflammatory skin disease affecting worldwide population in both men and women thus increasing the market demand.

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venkatakiran
Joined: September 16th, 2019
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