Psoriasis Drug Market by Top Key Participant: Amgen Inc., AbbVie Inc., Johnson & Johnson Inc., Novartis AG, Eli Lily and Company, AstraZenca plc, Celgene Corporation, Sun Pharma, Boehringer Ingelheim

The Global Psoriasis Drug Market Size is expected to gain traction due to the factors such as rising prevalence of psoriasis, and rising number of population suffering from psoriatic arthritis.

Psoriasis is an auto-immune disease which is characterised by the abnormal red, itchy, and scaly patches on the body. Psoriasis is a noncontagious disease that can be initiated by certain environmental triggers. It causes cells to build up rapidly on the skin. The treatment of psoriasis includes the use of steroid creams, occlusion, light therapy, oral medication and biological treatments. Also, it can be termed as irritating, unpredictable baffling skin disease which majorly affects knee, elbows, scalp, torso, palms and soles of the feet.

Request to Sample of This Report @ https://www.polarismarketresearch.com/industry-analysis/global-psoriasis-drug-market/request-for-free-sample

Plaque psoriasis is the most common type of psoriasis which sometimes may crack and bleed. Psoriasis influences psoriatic arthritis, which leads to swelling in the joints. According to National Psoriasis Foundation about 10% to 30% of people suffering from psoriasis suffer from psoriatic arthritis. The cause of psoriasis is unknown, but some factors such as genetics, change in lifestyle, HIV, various microbes, and medication can cause psoriasis. Psoriasis is diagnosed by the dermatological conditions that are similar to discoid eczema, pityriasis rosea, and nail fungus. Moreover, it is clinically diagnosed by biopsy. It is an non curable disease, but can be controlled with the help various medications. According to WHO, around 100 million of individuals suffer from psoriasis that accounts for approximately 11.3% worldwide prevalence of serious psoriasis.

The global psoriasis drug market size is primarily driven by the growing number of patients from all age group suffering from psoriasis. Additionally, increased consumption of alcohol and changing lifestyle of individuals, increasing incidences of smoking, and rising demand for improved healthcare would also boost the growth of psoriasis drugs market.

Additionally, increasing number of clinical trials for developing new drugs along with the strong, & growing R&D funding, investments on healthcare by the governments of developing and developed economies, unhealthy living, excess consumption of fats and unmet needs for effective treatments influence the market growth during the forecast period.
Request for an in-depth table of contents for this report @ https://www.polarismarketresearch.com/industry-analysis/global-psoriasis-drug-market/speak-to-analyst

North America region is expected to dominate the psoriasis drug market over the forecast period owing to the continuous technological developments by the increasing R&D investments by the major players and government, and increasing number of key players in this region. Also, increasing number of patients suffering from psoriasis in the U.S. would spur the market of North America. For instance, approximately 7.3 million people are suffering from psoriasis that can be roughly considered to be 2% of total population of the U.S. While, increasing awareness for the use of biological therapies would also spur the psoriasis drugs market in North America. Moreover, the rising number of geriatric population, and increased sedentary lifestyle preference would also this industry in the near future.

However, Asia Pacific is expected to grow rapidly owing to increasing number of patients suffering from psoriasis & other chronic diseases that cause cancer, changing lifestyle, rising preference for sedentary lifestyle, and increased government expenditure for developing healthcare infrastructure.

Make an Inquiry for purchasing this report @ https://www.polarismarketresearch.com/industry-analysis/global-psoriasis-drug-market/inquire-before-buying

Key players in the global psoriasis drug market are:

• Amgen Inc.
• AbbVie Inc.
• Johnson & Johnson Inc.
• Novartis AG
• Eli Lily and Company
• AstraZenca plc
• Celgene Corporation
• Sun Pharma
• Boehringer Ingelheim

About Polaris Market Research

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 our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and 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 our customers.

Contact us

Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: neel@polarismarketresearch.com
Web: www.polarismarketresearch.com

This release was published on openPR.