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Psoriasis Drugs Market Demand And Key Players Analysis By 2030 | AbbVie Inc. Pfizer Inc. Novartis, Eli Lilly and Company. Celgene Corporation
Psoriasis Drugs Market
The global psoriasis drugs market is expected to decline from $16.2 billion in 2019 to $14.4 billion in 2020 at a compound annual growth rate (CAGR) of -10.8%. The decline is mainly because of drop in sales due to the lockdown measures to contain COVID-19 spread. Apart from restricting non-emergency medical services, new rules of the governments across the globe has forced many companies in the dermatology drug market to halt their business operations which has impacted the market growth. The market is then expected to recover and grow at a CAGR of 9.5% from 2021 and reach $24.4 billion in 2023.
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The psoriasis drugs market consists of sales of psoriasis drugs. Psoriasis is a persistent skin disorder which causes distress and pain through patches of abnormal skin. Psoriasis can be caused due to injuries to skin, medications, genetics, infection, diet, weather, etc. The drugs vary depending on the severity of the infection and provide relief from infections. Examples of drugs in the psoriasis market include Clobetasol (Temovate), triamcinolone (Aristocort), fluocinolone (Synalar), and betamethasone (Diprolene).
The rise in the prevalence of psoriasis patients is driving the Psoriasis market. Psoriasis is caused due to immune system, genetics and environment. The rise in psoriasis patients in the past few years can be mainly attributed to climate change, stress and unhealthy lifestyle. According to the World Health Organization (WHO), psoriasis had affected at least 100 million individuals worldwide in 2016.
Psoriasis Drugs Market Segmentation:
By Drug class:
1. Interleukin Inhibitors
2. Corticosteroids
3. Anti-Inflammatory
4. Tumor Necrosis Factor Inhibitor
By Distribution Channel:
1.Hospitals, Retail Pharmacies,
2. E-Commerce .
By Drug Types:
1. Small molecules
2. Biologics
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Few Points From Table Of Content
1. Executive Summary
2. Psoriasis Drugs Market Characteristics
3. Psoriasis Drugs Market Size And Growth
4. Psoriasis Drugs Market Segmentation
5. Psoriasis Drugs Market Regional And Country Analysis
……
26. Key Mergers And Acquisitions In The Psoriasis Drugs Market
27. Psoriasis Drugs Market Trends And Strategies
28. Product Pipeline Analysis
29. Psoriasis Drugs Market Future Outlook and Potential Analysis
30. Appendix
The report covers the trends and market dynamics of the Psoriasis Drugs Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Psoriasis Drugs Market are AbbVie Inc. Pfizer Inc. Novartis, Eli Lilly and Company. Celgene Corporation
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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