Psoriasis Drugs Market - Growth, Trends, and Forecast (2020 - 2025)
|出版商||Mordor Intelligence LLP||商品編碼||391446|
|出版日期||內容資訊||英文 111 Pages
|乾癬藥的全球市場:成長，趨勢，及預測(2019年∼2024年) Psoriasis Drugs Market - Growth, Trends, and Forecast (2020 - 2025)|
|出版日期: 2020年08月01日||內容資訊: 英文 111 Pages||
The psoriasis drugs market is expected to register a CAGR of 9.3% during the forecast period. The primary factors that are responsible for the growth of this market include the increasing disease burden and demand for psoriasis medicines in emerging economies and the increase in psoriasis research and pipeline drugs.
Interleukin Inhibitors is Expected to Grow with a High CAGR in the Forecast Period
Interleukin inhibitors may witness the fastest growth during the forecast period, and the factors aiding these interleukin inhibitors are their improved safety and efficacy when compared to other psoriasis drugs, and their increased adoption among end users. Drugs, like Secukinumab and Ustekinumab, among others, are aiding the market growth as the usage of drugs is increasing each year. Another benefit of the IL-mode of therapy is for the patients who are intolerant or contraindicated to TNF-α inhibitor therapy.
North America Dominates the Market and is Expected to do so in the Forecast Period
North America currently dominates the market for psoriasis drugs, and it is expected to continue having a stronghold for a few more years. In North America, the United States holds the largest market share. This can be majorly attributed to the increasing prevalence of psoriasis, the presence of favorable government initiatives, the presence of developed healthcare infrastructure, high adoption of therapeutics, and the presence of key drug manufacturers. All these factors are expected to propel the market in the United States.
The psoriasis drugs market is moderately competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. The rising number of patients is attracting a few other players to enter the market, and a few smaller players are also expected to enter the market in the future, who may hold a substantial share. Companies are focused on business expansion in developing regions or emerging markets, such as India, China, and South Korea, by adopting strategies, including alliances and acquisitions for the development of novel products. Some of the major players of the market are Eli Lilly and Company, Pfizer Inc., Johnson and Johnson (Janssen Global Services LLC), Novartis AG, and Amgen Inc., among others.