Product Code: ETC13162225 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Psoriasis Drugs Market was valued at USD 18 Billion in 2024 and is expected to reach USD 27 Billion by 2031, growing at a compound annual growth rate of 5.30% during the forecast period (2025-2031).
The Global Psoriasis Drugs Market is witnessing significant growth due to the increasing prevalence of psoriasis worldwide. Psoriasis is a chronic autoimmune disease that affects the skin, leading to red, scaly patches that can be itchy and painful. The market is driven by the rising awareness about the condition, advancements in treatment options, and the introduction of innovative biologic therapies. Key players in the market are investing in research and development activities to launch new and effective drugs for the management of psoriasis. North America holds a significant share in the market due to the high prevalence of psoriasis in the region, followed by Europe and Asia Pacific. The market is highly competitive, with companies focusing on strategic collaborations, product launches, and acquisitions to strengthen their market presence and expand their product portfolio.
The Global Psoriasis Drugs Market is witnessing several key trends and opportunities. One major trend is the increasing focus on biologic drugs, which offer targeted treatment options with potentially fewer side effects compared to traditional systemic treatments. The market is also seeing a rise in the development of novel therapies, including small molecule drugs and gene therapies, providing patients with more diverse treatment choices. Another opportunity lies in the growing awareness and diagnosis rates of psoriasis globally, leading to an expanding patient pool seeking effective treatments. Additionally, the market is benefiting from collaborations between pharmaceutical companies and research institutions to advance R&D efforts in developing innovative psoriasis drugs. Overall, the market presents opportunities for companies to capitalize on these trends by investing in research, expanding product portfolios, and targeting emerging markets.
The Global Psoriasis Drugs Market faces several challenges, including the high cost of biologic drugs, limited access to healthcare in certain regions, regulatory hurdles for drug approval, and the presence of alternative treatment options. Biologic drugs, while effective, can be prohibitively expensive for many patients, impacting affordability and access to treatment. In some regions, limited healthcare infrastructure and resources hinder patient access to specialized care and medications. Regulatory processes for drug approval can be time-consuming and costly, delaying the introduction of new treatments to the market. Additionally, patients may opt for alternative therapies such as natural remedies or lifestyle modifications, posing a challenge to pharmaceutical companies in promoting their products effectively in the competitive market.
The Global Psoriasis Drugs Market is primarily driven by the increasing prevalence of psoriasis worldwide, coupled with a growing awareness and acceptance of the condition. Additionally, the rising demand for effective treatment options, advancements in medical research leading to the development of innovative biologic drugs, and the expanding geriatric population susceptible to psoriasis all contribute to the market growth. Furthermore, the increasing healthcare expenditure, favorable reimbursement policies, and a surge in the number of clinical trials for new drugs are also key drivers shaping the market landscape. The market is expected to continue expanding as pharmaceutical companies invest in research and development activities to introduce novel therapies, personalized medicine approaches, and targeted therapies for better management of psoriasis.
Government policies related to the Global Psoriasis Drugs Market focus on ensuring the safety, efficacy, and affordability of medications while promoting innovation and competition. Regulatory agencies such as the FDA in the United States and the EMA in Europe establish guidelines for drug approval, monitoring, and post-market surveillance to protect public health. Government healthcare systems in various countries also play a role in determining drug reimbursement, access, and pricing to make treatments accessible to patients. Additionally, policies may incentivize research and development through grants, tax credits, and patent protections to encourage pharmaceutical companies to invest in developing new psoriasis drugs. Overall, government policies aim to balance the needs of patients, healthcare providers, and drug manufacturers to support a thriving and sustainable market for psoriasis treatments.
The Global Psoriasis Drugs Market is expected to experience steady growth in the coming years, driven by factors such as the increasing prevalence of psoriasis worldwide, advancements in biologic drug therapies, and growing awareness about treatment options among patients. The market is also likely to benefit from the introduction of novel therapies with improved efficacy and safety profiles. Additionally, the rising healthcare expenditure in developing countries and expanding access to healthcare services are anticipated to further fuel market growth. However, challenges such as high treatment costs, stringent regulatory requirements, and the availability of alternative treatment options may pose a hindrance to market growth. Overall, the Global Psoriasis Drugs Market is projected to expand, offering opportunities for pharmaceutical companies to innovate and cater to the evolving needs of patients with psoriasis.
In the global psoriasis drugs market, North America holds the largest market share due to a high prevalence of psoriasis, increasing awareness about available treatment options, and a well-established healthcare infrastructure. Europe follows closely behind, driven by a growing patient population and significant investments in research and development for innovative therapies. The Asia-Pacific region is expected to witness rapid growth in the market, fueled by improving healthcare access, rising disposable incomes, and an increasing focus on personalized medicine. The Middle East and Africa region is also anticipated to experience growth, supported by a rising incidence of psoriasis and expanding healthcare facilities. Latin America lags behind other regions, but is projected to show steady growth as awareness about psoriasis management and treatment options improves.
Global Psoriasis Drugs Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Psoriasis Drugs Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Psoriasis Drugs Market Revenues & Volume, 2021 & 2031F |
3.3 Global Psoriasis Drugs Market - Industry Life Cycle |
3.4 Global Psoriasis Drugs Market - Porter's Five Forces |
3.5 Global Psoriasis Drugs Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Psoriasis Drugs Market Revenues & Volume Share, By Therapeutic Class, 2021 & 2031F |
3.7 Global Psoriasis Drugs Market Revenues & Volume Share, By Treatment, 2021 & 2031F |
4 Global Psoriasis Drugs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Psoriasis Drugs Market Trends |
6 Global Psoriasis Drugs Market, 2021 - 2031 |
6.1 Global Psoriasis Drugs Market, Revenues & Volume, By Therapeutic Class, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Psoriasis Drugs Market, Revenues & Volume, By Tumor Necrosis Factor Inhibitor, 2021 - 2031 |
6.1.3 Global Psoriasis Drugs Market, Revenues & Volume, By Interleukin Inhibitors, 2021 - 2031 |
6.2 Global Psoriasis Drugs Market, Revenues & Volume, By Treatment, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Psoriasis Drugs Market, Revenues & Volume, By Topicals, 2021 - 2031 |
6.2.3 Global Psoriasis Drugs Market, Revenues & Volume, By Systemic, 2021 - 2031 |
6.2.4 Global Psoriasis Drugs Market, Revenues & Volume, By Biologics, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Psoriasis Drugs Market, Overview & Analysis |
7.1 North America Psoriasis Drugs Market Revenues & Volume, 2021 - 2031 |
7.2 North America Psoriasis Drugs Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Psoriasis Drugs Market, Revenues & Volume, By Therapeutic Class, 2021 - 2031 |
7.4 North America Psoriasis Drugs Market, Revenues & Volume, By Treatment, 2021 - 2031 |
8 Latin America (LATAM) Psoriasis Drugs Market, Overview & Analysis |
8.1 Latin America (LATAM) Psoriasis Drugs Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Psoriasis Drugs Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Psoriasis Drugs Market, Revenues & Volume, By Therapeutic Class, 2021 - 2031 |
8.4 Latin America (LATAM) Psoriasis Drugs Market, Revenues & Volume, By Treatment, 2021 - 2031 |
9 Asia Psoriasis Drugs Market, Overview & Analysis |
9.1 Asia Psoriasis Drugs Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Psoriasis Drugs Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Psoriasis Drugs Market, Revenues & Volume, By Therapeutic Class, 2021 - 2031 |
9.4 Asia Psoriasis Drugs Market, Revenues & Volume, By Treatment, 2021 - 2031 |
10 Africa Psoriasis Drugs Market, Overview & Analysis |
10.1 Africa Psoriasis Drugs Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Psoriasis Drugs Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Psoriasis Drugs Market, Revenues & Volume, By Therapeutic Class, 2021 - 2031 |
10.4 Africa Psoriasis Drugs Market, Revenues & Volume, By Treatment, 2021 - 2031 |
11 Europe Psoriasis Drugs Market, Overview & Analysis |
11.1 Europe Psoriasis Drugs Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Psoriasis Drugs Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Psoriasis Drugs Market, Revenues & Volume, By Therapeutic Class, 2021 - 2031 |
11.4 Europe Psoriasis Drugs Market, Revenues & Volume, By Treatment, 2021 - 2031 |
12 Middle East Psoriasis Drugs Market, Overview & Analysis |
12.1 Middle East Psoriasis Drugs Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Psoriasis Drugs Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Psoriasis Drugs Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Psoriasis Drugs Market, Revenues & Volume, By Therapeutic Class, 2021 - 2031 |
12.4 Middle East Psoriasis Drugs Market, Revenues & Volume, By Treatment, 2021 - 2031 |
13 Global Psoriasis Drugs Market Key Performance Indicators |
14 Global Psoriasis Drugs Market - Export/Import By Countries Assessment |
15 Global Psoriasis Drugs Market - Opportunity Assessment |
15.1 Global Psoriasis Drugs Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Psoriasis Drugs Market Opportunity Assessment, By Therapeutic Class, 2021 & 2031F |
15.3 Global Psoriasis Drugs Market Opportunity Assessment, By Treatment, 2021 & 2031F |
16 Global Psoriasis Drugs Market - Competitive Landscape |
16.1 Global Psoriasis Drugs Market Revenue Share, By Companies, 2024 |
16.2 Global Psoriasis Drugs Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |