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Psoriasis Treatment Market Trends

Report ID: GMI6129
Published Date: Jun 2023
Report Format: PDF

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Psoriasis Treatment Market Trends

The market is experiencing several notable trends that are shaping its development. Some key trends in the industry includes increasing adoption of biologic therapies, growing emphasis on precision medicine in the treatment of psoriasis, increasing focus on expanding topical treatment options, growing interest in combination therapies, increasing focus on patient-centric care, and technological advancements in phototherapy, such as narrowband UVB and targeted phototherapy.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Psoriasis treatment industry size was USD 26.5 billion in 2022 and will reach USD 60.5 billion by 2032 due to the rising awareness of psoriasis among the public and healthcare professionals.

The plaque psoriasis type segment is expected to record 8.5% CAGR by 2032 owing to the strong desire for effective treatment alternatives.

The hospital pharmacies distribution channel segment held 64.8% share of the market in 2022 due to the ease of access to specialised drugs and therapies in these settings.

North America industry size is expected to reach USD 25 billion by2032 driven by the presence of well-developed and advanced healthcare infrastructure, including hospitals, clinics, research institutions, and pharmaceutical companies.