Plaque Psoriasis Treatment Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2023

Plaque Psoriasis Treatment Market: By Product Type (Interleukin Inhibitors, Tumour Necrosis Factor (TNF), and Others), By Route of Administration (Topical, Parenteral, and Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Others) and Geography - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2023

Plaque Psoriasis Treatment Market Report Description:
Global plaque psoriasis treatment market report gives comprehensive outlook on plaque psoriasis treatment market across the globe with special emphasis on the regions such as North America, Europe and rest of the world. The report on global plaque psoriasis treatment market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, route of administration, distribution channel, and country. This report studies global plaque psoriasis treatment market dynamics elaborately to indentify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global plaque psoriasis treatment market report includes top drugs clinical trial programs, commercial investments, Phase IV activities and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global plaque psoriasis treatment market to better equip clients with possible investment opportunities across the countries (Country Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global plaque psoriasis treatment market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in manufacturing and supply of global plaque psoriasis treatment products.

Global Plaque Psoriasis Treatment Market:
The global plaque psoriasis treatment market estimated to be valued US$ 11,411.7 Mn in 2017 and poised to grow at significant CAGR over 2018-2023. Market for Plaque Psoriasis Treatment projected to reach US$ 20,388.2 Mn by 2023 due to increase in prevalence of the psoriasis conditions, novel treatment options, and co-pay programs.

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Increase in prevalence of the psoriasis conditions
The Growing prevalence of the psoriasis conditions globally projected to drive the sales of the psoriasis drugs over the forecast period. Furthermore, increase in awareness about the psoriasis conditions and active participation of non-profit organizations to bring awareness among the psoriasis patients about the new therapies are expected to drive the plaque psoriasis market.

Novel Treatments and Co-pay Programs
Earlier, very few drugs are available in the market to treat psoriasis conditions. However, from the last 5 years many new drugs are launched into the market with better safety and efficacy results to treat psoriasis conditions. Furthermore, companies are actively developing biologic drugs to provide better treatment options for the psoriasis patients by conducting multiple clinical trials and head-on-head trials with existing drugs. In addition, companies are also providing co-pay options for the patients to increase the adoption of their novel drugs. For instance, in March 2018, Sun Pharmaceuticals got U.S. FDA approval for its psoriasis drug Ilumya, its first biologic drug. Various companies are providing co-pay options for their drugs to increase their drug access to the psoriasis patients. For instance, Novartis, Cosentyx offering $0 co-pay program. In this program, it provides Cosentyx who were denied of insurance coverage and deliver the medication at home.

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North America accounts for larger market revenue share in global plaque psoriasis treatment market
North America accounted for larger revenue share in global plaque psoriasis treatment market with moderate CAGR. In 2018, North America plaque psoriasis treatment market estimated to account for larger revenue share in global plaque psoriasis treatment market with market revenue share of 65.1% in global market and projected to grow at 7.9% CAGR over 2018 and 2023. The North America market projected to reach US$ 12,294.0 Mn by 2023.

Competition Assessment
Key players’ profiles in the global plaque psoriasis treatment market include:
• Novartis AG (Switzerland)
• AbbVie Inc.(U.S)
• Amgen, Inc. (U.S)
• Johnson & Johnson (U.S)
• Eli Lilly and Company (U.S)
• Celgene Corporation (U.S)
• Sun Pharmaceuticals Industries Ltd. (India)

Global plaque psoriasis treatment Market is consolidating as large players complementing each other’s businesses by means of partnerships & collaborations as well as regional expansions. For instance, in January 2018, Monash University has extended its collaboration with Janssen Biotech, Inc.., one of the Janssen Pharmaceutical Companies of Johnson & Johnson, where researchers will investigate triggers of the immune-mediated disease, psoriasis, and focus on the discovery of potential new treatment approaches to prevent psoriasis. Otezla is planning to expand its regional presence in the various markets that is mainly focused by increased penetration in European and Japan to enhance the sales of the drug.

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Key Findings of the Report:

• Global plaque psoriasis treatment market expanding at 9.6% CAGR over 2018 to 2023 to reach market value of US$ 20,388.2 Mn by 2023 owing to increase in prevalence of the psoriasis conditions
• Based on product type Interleukin Inhibitors expected to account a significant revenue share in global plaque psoriasis treatment market with share of XX% (2018) in global market and projected to grow at 20.0% CAGR over 2018 and 2023. Interleukin Inhibitors projected to reach US$ XX Mn by 2023
• Tumor Necrosis Factor (TNF) expected to account for low revenue share in global plaque psoriasis treatment market with share of 29.2% (2018) in global market and projected to de grow at -3.8% CAGR over 2018 and 2023. The segment projected to reach US$ XX Mn by 2023
• Players are focusing introducing novel biologic therapies to retain market position in global plaque psoriasis market

Key Features of the Report:

• The report provides granular level information about the market size, regional market share, historic market (2012-2017) and forecast (2018-2023)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario

Detailed Segmentation

By product Type
• Interleukin Inhibitors
o Tildrakizumab
o Guselkumab
o Ixekizumab
o Secukinumab
o Ustekinumab
o Brodalumab
• Tumor Necrosis Factor (TNF)
o Etanercept
o Adalimumab
o Infliximab
• Others
By Route of Administration
• Topical
• Parenteral
• Others
By Distribution Channel Type
• Hospital Pharmacies
• Retail Pharmacies
• Others

Geography
o North America
• The U.S
• Canada
o Europe
 Germany
 France
 U.K
 Italy
 Spain
 Rest of Europe
o Rest of the world
 Japan
 China
 India
 Brazil
 Others

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