Press release
Psoriasis Drug Market on a Rapid Rise: Projected to Achieve USD 59.85 Billion by 2032 with 9.2% CAGR | Key Players- Novartis AG, Eli Lily and Company, AstraZeneca plc
๐๐ก๐ ๐ฉ๐ฌ๐จ๐ซ๐ข๐๐ฌ๐ข๐ฌ ๐๐ซ๐ฎ๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ข๐ณ๐ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ ๐๐๐ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐ ๐๐ง๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐ข๐ฌ๐ ๐ญ๐จ ๐๐๐ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐. ๐๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐ ๐ข๐ฌ๐ญ๐๐ซ ๐ ๐๐๐๐ ๐จ๐ ๐.๐% ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐ ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.๐๐๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐ฉ๐ซ๐จ๐ฉ๐๐ฅ๐ฅ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐ฉ๐ฌ๐จ๐ซ๐ข๐๐ฌ๐ข๐ฌ ๐๐ซ๐ฎ๐ ๐ฌ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข Increased alcohol consumption, changing lifestyles, rising smoking rates, and a growing need for improved healthcare could all lead to a growth in the market.
โข A number of factors will impact the market's growth over the forecast period, including increased clinical trials for new medicine products, a robust and expanding research and development budget, government spending on healthcare in both developed and developing economies, unhealthy lifestyles, excessive fat consumption, and a lack of resources for adequate treatments.
โข Growing rates of psoriasis disease burden, increased demand for psoriasis medications in developing countries, and an increase in psoriasis research and pipeline drug development are the main factors propelling the psoriasis drug market expansion.
๐๐๐ข๐ง ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ฌ๐จ๐ซ๐ข๐๐ฌ๐ข๐ฌ ๐๐ซ๐ฎ๐ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/global-psoriasis-drug-market/request-for-sample
๐๐ก๐๐ญ ๐๐ซ๐ ๐๐ฌ๐จ๐ซ๐ข๐๐ฌ๐ข๐ฌ ๐๐ซ๐ฎ๐ ๐ฌ?
Psoriasis is a long-term, autoimmune skin condition characterized by a rapid build-up of skin cells that causes reddish patches and thick, silvery scales that are typically irritating and occasionally severe. Healthy skin cells are unintentionally targeted by an overactive immune system, which causes them to increase quickly. Though it can affect any part of the body, psoriasis usually affects the scalp, knees, elbows, and lower back. Additionally, the illness may cause pitting, discoloration, and thickness of the nails.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
Because there are so many companies in the industry, it is expected to be both competitive and fragmented. Some of the leading companies in the psoriasis drug market are:
โข Amgen Inc.
โข AbbVie Inc.
โข Johnson & Johnson Inc.
โข Novartis AG
โข Eli Lily and Company
โข AstraZeneca plc
โข Celgene Corporation
โข Sun Pharma
โข Boehringer Ingelheim
โข Evelo Biosciences Inc.
โข LEO Pharma A/S
โข Pfizer Inc
โข UCB S.A
โข Sun Pharmaceutical Industries Ltd
๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐๐๐ฅ๐จ๐ฐ ๐๐ข๐ง๐ค ๐ญ๐จ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/buy/1990/2
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐ซ๐ฎ๐ ๐๐๐ญ๐๐ ๐จ๐ซ๐ข๐๐ฌ
โข Biologics: Monoclonal antibodies and fusion proteins that target specific components of the immune system, such as TNF-alpha inhibitors, IL-17 inhibitors, and IL-23 inhibitors.
โข Topical Treatments: Creams, ointments, and gels applied directly to the skin, including corticosteroids, vitamin D analogs, and calcineurin inhibitors.
โข Systemic Therapies: Oral or injectable medications that affect the entire body, including methotrexate, cyclosporine, and newer oral small molecules like phosphodiesterase-4 (PDE4) inhibitors.
๐๐๐ฒ ๐๐ซ๐๐ง๐๐ฌ
โข Shift Towards Biologics and Targeted Therapies: Increasing preference for biologics and targeted therapies due to their higher efficacy and improved safety profiles compared to traditional systemic treatments.
โข Development of Biosimilars: Growing market for biosimilars as patents for original biologic drugs expire, offering cost-effective alternatives.
โข Focus on Personalized Medicine: Advancements in genomics and molecular biology are paving the way for personalized treatment approaches tailored to individual patient profiles.
โข Emergence of New Oral Therapies: Introduction of new oral small molecules, such as Janus kinase (JAK) inhibitors, providing additional options for patients.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/global-psoriasis-drug-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ซ๐๐๐ค๐๐จ๐ฐ๐ง:
The market is mainly segmented based on therapeutic class, type, treatment type, and region. According to the therapeutic class study, the interleukin inhibitors category experienced the fastest market growth. Interleukin inhibitors have several advantages over other psoriasis treatments, including improved safety and efficacy, which has likely resulted in increased patient acceptance.
Furthermore, based on the type of research, plaque psoriasis dominates the market. It accounts for 80-90% of cases, making it the most common form. This segment is growing due to the leading firms' increased manufacturing of cutting-edge therapies for this specific disease type.
๐๐ฌ๐จ๐ซ๐ข๐๐ฌ๐ข๐ฌ ๐๐ซ๐ฎ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข Interleukin inhibitors accounted for the fastest growth rate throughout the projection period. Due to having better safety and effectiveness and having a patient's acceptance.
โข Plaque psoriasis segment is expected to maintain dominance in the market over the forecast period because leading player companies have increased production and development of cutting-edge treatments for psoriasis disease.
โข The topical treatment segment is expected to hold the maximum shares globally due to highly appreciated treatment for psoriasis because easy to apply topical medication.
โข North America region anticipated dominance in the psoriasis drug market over the projected period leading to new technological developments, increased R&D research, and the entrance of new players in the market.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ข๐๐-๐ซ๐๐ง๐ ๐ข๐ง๐ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐จ๐ ๐๐๐'๐ฌ ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
๐๐จ๐ซ๐จ๐ง๐๐ซ๐ฒ ๐๐ญ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/coronary-stent-market
๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/sports-nutrition-market
๐๐๐ฏ๐๐ง๐ฎ๐ ๐๐ฒ๐๐ฅ๐ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/revenue-cycle-management-market
๐๐๐ฆ๐จ๐ฉ๐ก๐ข๐ฅ๐ข๐ ๐ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/hemophilia-a-treatment-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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