2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Are the Primary Drivers Supporting the Market Growth of thePsoriasis Market?

The rising prevalence of psoriasis is contributing to the growth of the psoriasis market. Psoriasis is a condition caused by a combination of genetic, immune, and environmental factors. With increasing instances linked to stress, unhealthy lifestyles, and climate change, around 125 million people globally, or 2-3% of the population, suffer from psoriasis. Therefore, the growing number of patients is expected to boost the psoriasis market in the forecast period.

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What is the Predicted Annual Growth Rate of thePsoriasis Market Impact Industry Trends by 2034?

The psoriasis market size has grown rapidly in recent years. It is expected to grow from $26.56 billion in 2024 to $29.5 billion in 2025, at a compound annual growth rate (CAGR) of 11.1%. Growth in this market is attributed to rising epidemiological awareness, patient education and awareness, improvements in healthcare infrastructure, and better access to treatment options.

The psoriasis market is anticipated to grow robustly over the next few years, reaching $42.34 billion by 2029 at a CAGR of 9.4%. This growth will be fueled by regulatory green lights, evolving patient demands, an aging population, greater awareness, and the emergence of innovative treatments. Key trends include enhanced R&D, biologics and precision-targeted therapies, oral small molecule drugs, personalized care, digital health tools like telemedicine, patient-first strategies, biosimilars, and the use of AI and machine learning.

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Which Cutting-Edge Market Trends Are Expected to Drive thePsoriasis Market’s Growth?

Combination therapy is becoming more common in the psoriasis treatment market. This involves using two different treatments together, as studies show it can alleviate symptoms more effectively than using a single treatment. For example, the combination of taltz (ixekizumab) with methotrexate developed by Eli Lilly and Company is used to treat active psoriatic arthritis (PsA).

Who Are the Major Industry Players Accelerating Growth in thePsoriasis Market?

Major companies operating in the psoriasis market include AbbVie Inc., Pfizer Inc., Novartis AG, Eli Lilly and Company, Celgene Corporation, Johnson & Johnson, Amgen Inc., Boehringer Ingelheim GmbH, Merck & Co. Inc., Janssen Biotech Inc., Takeda Pharmaceutical Company Limited, Stiefel Laboratories Inc., AstraZeneca Inc., Union Chimique Belge SA, Sun Pharmaceutical Industries Ltd., Forward Pharma AS, Almirall SA, Bausch Health Companies Inc., Biogen Inc., Biocon Biopharmaceuticals Pvt. Ltd., Celltrion Inc., Dr.Reddy’s Laboratories Inc., Arcutis Biotherapeutics Inc., Bayer AG, Bristol Myers Squibb Co., Dermira Inc., Galderma SA, GlaxoSmithKline Plc, Incyte Pharmaceuticals Corp., LEO Pharmacy

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Which Primary Segments of the Psoriasis Market Are Driving Growth and Industry Transformations?

The psoriasis market covered in this report is segmented –

1) By Drug class: Interleukin Inhibitors, Corticosteroids, Anti-Inflammatory, Tumor Necrosis Factor Inhibitor

2) By Drug Types: Small molecules, Biologics

3) By Disease Indication: Plaque Psoriasis, Nail Psoriasis, Guttate Psoriasis, Pustular Psoriasis, Erythrodermic Psoriasis

4) By Route Of Administration: Oral, Tropical, Injectable

5) By Distribution Channel: Hospitals, Retail Pharmacies, E-Commerce

Subsegments:

1) By Interleukin Inhibitors: IL-12/23 Inhibitors (Ustekinumab), IL-17 Inhibitors (Secukinumab, Ixekizumab)

2) By Corticosteroids: Topical Corticosteroids (Hydrocortisone, Betamethasone), Systemic Corticosteroids (Prednisone)

3) By Anti-Inflammatory: Non-Steroidal Anti-Inflammatory Drugs (NSAIDs), Biologic Anti-Inflammatory Agents (Apremilast)

4) By Tumor Necrosis Factor (TNF) Inhibitors: Adalimumab (Humira), Etanercept (Enbrel), Infliximab (Remicade)

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Which Regions Are Key Players in the Growth of the #What Are the Primary Drivers Supporting the Market Growth of thePsoriasis Market?# Market?

North America was the largest region in the psoriasis market in 2023. Middle East is expected to be the fastest-growing region in the psoriasis market during the forecast period. The regions covered in the psoriasis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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