Plaque Psoriasis Market analysis, forecasts, and Overview and market development

Posted by Sujeet Nakade on October 11th, 2019

Global Plaque Psoriasis Market is expected to register a steady CAGR of 4.03% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017.

Key Market Competitors:

Few of the major competitors currently working in the global plaque psoriasis market are Johnson & Johnson Services, Inc.; AbbVie Inc.; Amgen Inc.; Novartis AG; Pfizer Inc.; Eli Lilly and Company; Merck & Co., Inc.; Sun Pharmaceutical Industries Ltd.; LEO Pharma; CELGENE CORPORATION; Can Fite Biopharma; UCB S.A.; ALLERGAN; Dermira, Inc.; Galectin Therapeutics Inc.; Biogen; Dr. Reddy’s Laboratories Ltd.; Bausch Health; LUPIN and AstraZeneca among others.

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Market Drivers

  • Increasing costs incurred on biologic therapeutics for the treatment of various disorders from the U.S. region is expected to drive the growth of the market
  • Availability of easy to utilize therapeutic systems such as phototherapy and topical therapeutic system for the disease are factors driving the growth of the market
  • Lack in the availability of therapies for treating the disease is expected to induce greater innovations and advancements in the market

Market Restraints

  • Lack of effectiveness in the treatment of the disease through topical therapy system is expected to restrict the growth of the market
  • High costs associated with the biologic therapy systems for the disease is also expected to restrict the growth of the market
  • Lack of effective reimbursement scenarios for the treatment of the disease; this factor is also expected to restrain the growth of the market

Competitive Analysis:

Global plaque psoriasis market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of plaque psoriasis market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Segmentation: Plaque Psoriasis Market

  • By Therapy Type (Topical, Phototherapy, Systemic Agents, Biologic Therapies)
  • By Application (Hospitals, Clinics, Others)
  • By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)

Reasons to Purchase this Report

  • Current and future of global anesthesia monitoring market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

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Sujeet Nakade

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Sujeet Nakade
Joined: September 25th, 2019
Articles Posted: 332

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