Press release
Psoriasis Drugs Market Set to Expand at 6.9% CAGR Through 2032, Says Persistence Market Research
🌍 Market Overview: Current Landscape and Emerging TrendsThe global psoriasis drugs market is poised for steady expansion as demand for advanced, personalized treatment options continues to rise. According to Persistence Market Research, the market is expected to reach US$ 33.4 billion by 2032, up from US$ 20.9 billion in 2025, growing at a CAGR of 6.9% during the forecast period. This growth is attributed to the rising global prevalence of psoriasis and psoriatic arthritis, increasing healthcare access, and improved diagnosis rates-especially in emerging economies. Biologic therapies and interleukin inhibitors are transforming clinical management strategies, offering faster skin clearance, longer remission, and fewer systemic side effects.
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Among all treatment classes, biologics targeting IL-17, IL-23, and TNF-alpha pathways are driving the majority of market revenue, replacing older corticosteroids and systemic agents. North America continues to lead the global market due to a high rate of biologics adoption, robust clinical infrastructure, and supportive reimbursement policies. The United States dominates owing to advanced dermatological care, high awareness, and a proactive stance on biologic approvals. Meanwhile, Asia Pacific is emerging rapidly as healthcare infrastructure improves and biosimilars gain traction across price-sensitive regions.
✨ Key Highlights from the Report
✦ Biologics dominate the market, with IL-17 and IL-23 inhibitors leading due to high efficacy and specificity.
✦ The market is projected to grow at a 6.9% CAGR, reaching US$ 33.4 Bn by 2032.
✦ Plaque psoriasis remains the most treated indication, fueling demand for long-term therapies.
✦ North America holds the largest market share, supported by high diagnosis rates and reimbursement models.
✦ mRNA therapeutics are emerging as a potential game-changer in autoimmune disease management.
✦ Hospital pharmacies dominate distribution due to their access to advanced and high-cost therapies.
🧪 Market Segmentation
The psoriasis drugs market is segmented by drug class, mode of administration, indication, and distribution channel, each reflecting diverse clinical applications and patient preferences.
💊 By Drug Class:
Interleukin inhibitors (IL-17, IL-23, and IL-12/23) dominate the market, offering superior treatment outcomes for moderate-to-severe plaque psoriasis. These drugs have significantly outpaced corticosteroids and older TNF-alpha inhibitors due to their ability to selectively target immune pathways. Other classes include glucocorticoids, anti-inflammatories, and general corticosteroids, which continue to serve patients with mild-to-moderate disease or in combination therapy.
💉 By Mode of Administration:
Injectables hold a significant share, especially for biologics that are administered in clinical or home settings. Topical treatments remain popular for mild cases and are increasingly offered in innovative foam and spray formulations. Oral therapies, including small-molecule inhibitors, are gaining popularity due to ease of use and better compliance, particularly in the pipeline of next-generation treatments.
🩺 By Indication:
Plaque psoriasis is the most prevalent indication, accounting for the highest revenue share. Other forms like guttate, pustular, inverse, and erythrodermic psoriasis represent niche but growing segments due to increased awareness and diagnostic advancements.
🏥 By Distribution Channel:
Hospital pharmacies dominate the market, primarily due to their control over high-cost biologics and integrated patient management. Retail pharmacies serve a secondary role, largely dispensing topicals and oral generics. e-Commerce platforms are emerging as convenient options for chronic users and long-term prescriptions, especially in urban and tech-savvy populations.
🌎 Regional Insights
🇺🇸 North America
North America commands the largest market share, led by the U.S., which boasts high biologics adoption, active clinical research, and advanced diagnostic practices. The prevalence of plaque psoriasis and associated conditions like psoriatic arthritis is higher in this region, supporting demand. Widespread use of self-injectable biologics and tele-dermatology platforms also contributes to better treatment compliance and patient engagement.
🇪🇺 Europe
Europe emphasizes cost-containment and biosimilar adoption, especially in countries like Germany, the UK, and France. The region's nationalized healthcare systems encourage the use of value-based therapies. EU-wide harmonization has helped streamline drug approvals, while increased focus on early intervention and lifestyle modification supports long-term disease control.
🌏 Asia Pacific
Asia Pacific is witnessing rapid growth due to improving healthcare systems, government investments, and increased patient awareness. Countries like India, China, and Japan are focusing on localized manufacturing and the introduction of biosimilars to make treatments more accessible. The region's large population base, increasing prevalence of lifestyle diseases, and rising disposable income collectively support long-term market expansion.
📈 ⚙ Market Drivers
A key driver for the psoriasis drugs market is the increasing incidence of psoriatic arthritis, a painful and often debilitating condition affecting up to 30% of psoriasis patients. The need for dual-action therapies that address both dermatological and rheumatological symptoms is driving demand for next-generation biologics. IL-17 and IL-23 inhibitors are increasingly being prescribed due to their joint-protective and long-lasting benefits.
Rising awareness about the systemic nature of psoriasis, along with its connection to comorbidities like cardiovascular disease and diabetes, is encouraging early intervention and long-term treatment. Pharmaceutical companies are also intensifying efforts to develop targeted therapies that enhance patient outcomes with fewer side effects. These dynamics are reinforced by improved diagnosis rates and broader insurance coverage in many developed and developing markets.
⛔ Market Restraints
Despite the efficacy of newer biologics, the high cost of novel psoriasis therapies remains a serious restraint to wider adoption. IL-17 and IL-23 inhibitors can cost thousands of dollars per patient annually, posing financial challenges even in affluent countries. Many national healthcare systems and private insurers are hesitant to reimburse these drugs unless patients have failed cheaper alternatives, limiting access.
In developing countries, high out-of-pocket expenses force patients to rely on outdated treatments with limited effectiveness and more side effects. Furthermore, physician reluctance to switch patients to biosimilars slows market transition, keeping drug prices high. Overall, pricing inequality and limited access undermine the potential of innovative therapies.
🌟 Market Opportunities
The emergence of mRNA-based therapeutics presents a transformative opportunity for psoriasis treatment. Inspired by the success of mRNA vaccines during the COVID-19 pandemic, researchers are exploring mRNA platforms to target immune pathways more precisely and with fewer side effects. Unlike conventional biologics, mRNA drugs can be personalized to a patient's genetic and inflammatory profile, enhancing therapeutic effectiveness.
Moreover, innovations in topical mRNA delivery could allow patients to treat localized lesions without systemic exposure, further increasing safety and convenience. With clinical trials ongoing and strong investor interest, mRNA-based psoriasis therapeutics have the potential to disrupt the existing treatment landscape and unlock a new era of personalized medicine.
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❓ Frequently Asked Questions (FAQs)
How Big is the Psoriasis Drugs Market in 2025?
What is the Projected Growth Rate of the Psoriasis Drugs Market through 2032?
Who are the Key Players in the Global Market for Psoriasis Drugs?
What is the Market Forecast for Psoriasis Drugs by 2032?
Which Region is Estimated to Dominate the Psoriasis Drugs Industry through the Forecast Period?
🏢 Company Insights
• AbbVie Inc.
• Amgen Inc.
• Novartis AG
• Johnson & Johnson (Janssen Pharmaceuticals)
• Eli Lilly and Company
• UCB S.A.
• Pfizer Inc.
• Bristol Myers Squibb
• Leo Pharma A/S
• Sun Pharmaceutical Industries Ltd.
Recent Developments:
• In May 2025, Arcutis Biotherapeutics received FDA approval for ZORYVE® (roflumilast) topical foam 0.3% for plaque psoriasis treatment in patients aged 12 and above.
• In September 2024, UCB secured FDA approval for BIMZELX® (bimekizumab-bkzx) for treating psoriatic arthritis, expanding its biologics portfolio.
🧾 Conclusion
The global psoriasis drugs market is steadily evolving, driven by clinical innovations, patient-centered care models, and expanding access to advanced therapies. As the burden of chronic skin and joint-related diseases rises, the demand for targeted, long-term treatments grows. Biologics, particularly IL-17 and IL-23 inhibitors, continue to dominate, while mRNA technologies signal the next wave of breakthrough treatments. Despite challenges like pricing and access disparities, ongoing research and regional diversification are paving the way for a more inclusive and effective therapeutic landscape. With the market set to cross US$ 33.4 billion by 2032, stakeholders across the pharmaceutical, biotech, and healthcare ecosystems are strategically positioned to benefit from this momentum.
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About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
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