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Tildrakizumab Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Which drivers are expected to have the greatest impact on the over the tildrakizumab market's growth?The rising incidence of psoriasis is expected to drive the expansion of the tildrakizumab market. Psoriasis is a chronic autoimmune disease that causes rapid skin cell turnover, leading to red, scaly patches on the skin. The rising prevalence of psoriasis is attributed to factors such as genetic predisposition, immune system dysfunction, environmental triggers, and lifestyle choices like stress, smoking, and obesity. Tildrakizumab treats psoriasis by inhibiting interleukin-23 (IL-23), a cytokine that promotes excessive skin cell growth and inflammation, helping to reduce plaques, scaling, and redness. For example, in May 2024, the National Center for Biotechnology Information reported that the prevalence of PsA (psoriatic arthritis) had risen to 0.221%, with an incidence rate of 13.54 per 100,000 people in 2022, marking a significant increase compared to prior estimates. As such, the growing prevalence of psoriasis is fueling the expansion of the tildrakizumab market.
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What is the future CAGR of the tildrakizumab market, and how will it impact industry expansion?
The tildrakizumab market has grown rapidly, increasing from $1.57 billion in 2024 to $1.76 billion in 2025 at a CAGR of 12.1%. Factors contributing to this growth include increased demand for psoriasis treatment, a rise in psoriasis prevalence, the impact of alcohol and smoking on skin conditions, heightened R&D activities, and growing healthcare expenditures.
The tildrakizumab market is expected to grow rapidly, reaching $2.75 billion by 2029, with a CAGR of 11.7%. This growth will be fueled by the increasing prevalence of psoriasis, rising awareness campaigns, a higher occurrence of plaque psoriasis and psoriatic arthritis, greater patient education, and lifestyle factors such as alcohol and smoking consumption. Emerging trends include innovations in product development, combination therapies, a shift toward biologic and targeted treatments, the introduction of new injectable drugs, and advancements in personalized medicine.
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What are the most significant trends transforming the tildrakizumab market today?
In the tildrakizumab market, companies are advancing treatments with monoclonal antibody injections, which target specific cytokines to reduce inflammation. For instance, in May 2023, Sun Pharmaceutical Industries received approval from China's National Medical Products Administration (NMPA) for tildrakizumab injection to treat plaque psoriasis. By targeting interleukin-23 (IL-23), tildrakizumab helps reduce inflammation, offering effective symptom management for psoriasis patients.
Which key market segments comprise the tildrakizumab market and drive its revenue growth?
The tildrakizumab market covered in this report is segmented -
1) By Indication: Plaque Psoriasis, Psoriatic Arthritis, Other Indications
2) By Dosage Form: Injectable, Oral
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
4) By End-User: Hospitals, Specialty Clinics, Homecare
Subsegments:
1) By Plaque Psoriasis: Moderate Plaque Psoriasis, Severe Plaque Psoriasis, Treatment-Resistant Plaque Psoriasis
2) By Psoriatic Arthritis: Peripheral Psoriatic Arthritis, Axial Psoriatic Arthritis, Enthesitis-related Psoriatic Arthritis
3) By Other Indications: Inflammatory Skin Disorders, Off-Label Autoimmune Conditions, Emerging Therapeutic Applications
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What regions are at the forefront of tildrakizumab market expansion?
North America was the largest region in the tildrakizumab market in 2024. Asia-Pacific expected to be the fastest-growing region in the forecast period. The regions covered in the tildrakizumab market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the tildrakizumab market?
Major companies operating in the tildrakizumab market are Sun Pharmaceutical Industries Ltd., Almirall S.A.
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What Is Covered In The Tildrakizumab Global Market Report?
•Market Size Forecast: Examine the tildrakizumab market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the tildrakizumab market for a structured understanding.
•Key Players Overview: Analyze major players in the tildrakizumab market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the tildrakizumab market.
•Segment Contributions: Evaluate how different segments drive overall growth in the tildrakizumab market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the tildrakizumab market.
•Industry Challenges: Identify potential risks and obstacles affecting the tildrakizumab market.
•Competitive Landscape: Review strategic developments in the tildrakizumab market, including expansions, agreements, and new product launches.
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