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Published Date: November, 2017

Psoriasis Therapeutics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023


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The report on global psoriasis therapeutics market is an in depth analysis of the segments and sub-segments in the psoriasis therapeutics market. The report provides analysis for the global as well as regional markets over the period of 2015 to 2023. According to report the global psoriasis therapeutics market is expected to grow at a CAGR of 9.7% over the forecast period of 2017 - 2023.


Figure 1: Global Psoriasis Therapeutics Market by Value 2015 - 2023

Global Psoriasis Therapeutics Market

 

Market Insights

A skin disorder that is consider mainly by skin irritation and scaly rashes where the skin cells multiply up to 10 times faster than normal, such disorder is known as psoriasis. Psoriasis varies in rigorousness from small, localized patches to complete body coverage. The body parts such as knees, elbows, and scalp are majorly gets affected by psoriasis. The therapy for this disease is to stop the skin cells from developing so quickly. The therapeutic approach for psoriasis depends upon the amount of skin affected by this disorder. Radiation therapy in severe cases are used to treat the psoriasis. The topical treatments, injecting steroids, and internal medication are other treatment methods for psoriasis.

Psoriasis is divided into five types: Plaque, Guttate, Inverse, Pustular and Erythrodermic. The types vary in characterization of lesions and location of the body affected. The demand for the psoriasis therapeutics is increased worldwide, due to rising incidence of psoriasis with skin disorders. In addition, increasing awareness among people relating to different treatments available in the market is likely to boost the growth of the market. On the other hand, high costs of therapies are likely to hamper the growth of the market. Furthermore, cumulative development of new biologics and new pipeline drugs will bring more opportunities to this market.


Segments Covered

The report on global psoriasis therapeutics market covers segments such as molecule, route of administration, dosage forms and mechanism of action. The molecule segments include biologics and small molecules. On the basis of route of administration the global psoriasis therapeutics market is categorized into oral, parenteral and topical. On the basis of dosage forms the global psoriasis therapeutics market is categorized into solid, liquid and emi-solid On the basis of mechanism of action the global psoriasis therapeutics market is categorized into TNF inhibitors, PDE4 inhibitors ,il blocker and others.

 

Geographic Coverage

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015 – 2023.


Figure 2: Global Psoriasis Therapeutics Market by Region, CAGR %, 2015-2023

Global Psoriasis Therapeutics Market


The countries covered in the Americas region include the U.S., Canada and Mexico; while Asia-Pacific includes China, Japan, India, South Korea and Malaysia among others. Moreover, the countries covered in the European region include Germany, U.K., France, Spain and Rest of Europe. The U.S. drives the growth in the Americas region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in economies such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017 - 2023.

 

Companies Profiled:

The report provides profiles of the companies in the global Psoriasis therapeutics market such as, Amgen, Inc., Johnson & Johnson, Eli Lilly and Company, AstraZeneca, Novartis AG, AbbVie Inc. and Celgene Corporation.

 

Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global psoriasis therapeutics market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. 

The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of psoriasis therapeutics market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the psoriasis therapeutics Market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market.

This report will help manufacturers, suppliers and distributors of the psoriasis therapeutics market to understand the present and future trends in this market and formulate their strategies accordingly.

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