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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Psoriasis Treatment Market Outlook

The global psoriasis treatment market value was USD 28.54 billion in 2024, driven by the increasing prevalence of psoriasis across the globe. The market size is anticipated to grow at a CAGR of 9.2% during the forecast period of 2025-2034 to achieve a value of USD 63.18 billion by 2034.

Global Psoriasis Treatment Market

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The Increasing Prevalence of Psoriasis Disease is Augmenting the Market Growth of Psoriasis Treatment

The global market for psoriasis treatment is being driven by increasing incidences of psoriasis due to certain genetic or environmental factors, thereby augmenting the demand for effective treatment and hence stimulating the growth of the market.

According to the World Health Organisation, the reported prevalence of psoriasis in countries range from 0.09% to 11.4%, making it a serious global problem. A combination of topical and systematic therapies to reduce the effects of psoriasis is a lifelong treatment aimed at remission, has been driving the growth of the market. Thus, robust investments towards the development of advanced treatment methods to control the spread of psoriasis disease are aiding the market growth.

Psoriasis Treatment: Market Segmentation

Psoriasis refers to a common inflammatory condition in which skin cells build up and form scales and itchy, dry patches. Treatment such as topical ointments, light therapy, and medication aims to remove scales and stop the robust growth of skin cells.

Global Psoriasis Treatment Market by Segment

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On the basis of drug class, the market can be divided into:

  • TNF Inhibitors 
  • Interleukins
  • Others

Based on type, the market can be categorised into:

  • Plaque Psoriasis
  • Psoriatic Arthritis
  • Others

The market, based on route of administration, can be segmented into:

  • Oral
  • Parenteral 
  • Topical

On the basis of distribution channel, the market can be classified into:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

The EMR report looks into the regional markets of psoriasis treatment like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

Robust Research and Development (R&D) for the Development of Effective Treatments to Propel the Market Growth

The growth in the global market for psoriasis treatment is expected to be determined by the rising awareness regarding the negative impact of the disease. Since the exact reason for the psoriasis disease is unknown, robust research and development (R&D) about the cause, potential effects, and effective treatments is expected to have a significant influence over the growth of the market. In addition to this, favourable government measures such as reimbursement schemes, subsidised treatments, and other thoughtful measures are also expected to boost the market growth. Moreover, the market is further projected to grow due to the presence of an extensive distribution channel, including retail and hospital pharmacies and online channels, which aid in the easy availability of the medication. Hence, these factors are anticipated to bolster the overall market growth of psoriasis treatment.

Key Industry Players in the Global Psoriasis Treatment Market

The report presents a detailed analysis of the following key players in the global psoriasis treatment market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:

  • AbbVie Inc.
  • Novartis AG 
  • Johnson and Johnson Services, Inc.
  • Pfizer Inc. 
  • Merc and Co., Inc. 
  • Others

The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Diagnosis Method
  • Treatment Type
  • Type
  • Therapy Type
  • Route of Administration
  • Drug Type
  • Population Type
  • Treatment Channel
  • End User
  • Distribution Channel
  • Region
Breakup by Diagnosis Method
  • Blood Tests
  • Skin Prick Test
  • Patch Test
  • Biopsy
  • Others
Breakup by Treatment Type
  • Biologics Drugs
  • Systemic Drugs
  • Phototherapy
  • Topical Drugs
  • Others
Breakup by Type
  • Plaque Psoriasis
  • Psoriatic Arthritis
  • Others
Breakup by Therapy Type
  • Monotherapy
  • Combination Therapy
Breakup by Route of Administration
  • Oral
  • Parentals
  • Topicals
  • Others
Breakup by Drug Type
  • Over the Counter
  • Prescription
Breakup by Population Type
  • Childs
  • Adults
  • Geriatrics
Breakup by Treatment Channel
  • Public
  • Private
Breakup by End User
  • Hospitals
  • Specialty Clinics
  • Homecare Settings
  • Others
Breakup by Distribution Channel
  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Pfizer Inc.
  • Abbvie Inc.
  • Novartis AG
  • Amgen Inc.
  • Boehringer Ingelheim International GmbH.
  • Merck & Co Inc.
  • Sun Pharmaceutical Industries Ltd.
  • Teva Pharmaceuticals Industries Ltd.
  • AstraZeneca
  • Ampio Pharmaceuticals Inc.
  • Eli Lilly and Company
  • Novartis International AG
  • Sun Pharmaceuticals Industries Ltd.
  • Stiefel Laboratories
  • UCB S.A.
  • LEO Pharma
  • Cipla Inc.
  • Rowan Bioceuticals
  • Glenmark Pharmaceuticals
  • Win-Medicare Pvt. Ltd.
  • Sanofi S.A.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The psoriasis treatment market was valued at USD 28.54 billion in 2024.

The market is expected to grow at a CAGR of 9.2% from 2025 to 2034 to reach a value of USD 63.18 billion by 2034.

The increasing prevalence of psoriasis disease is augmenting the demand for an effective treatment, which is propelling the overall growth of the market.

The market is expected to be driven by the robust research and development (R&D) towards the development of an effective treatment of psoriasis. 

The major regional markets for psoriasis treatment are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

The major drug classes of psoriasis treatment are TNF inhibitors and interleukins, among others.

The different types of psoriasis treatment are plaque psoriasis, and psoriatic arthritis, among others.

The market, based on route of administration, can be segmented into oral, parenteral, and topical.

The significant distribution channels of psoriasis treatment are hospital pharmacies, retail pharmacies, and online pharmacies.

The major players in the industry are AbbVie Inc., Novartis AG, Johnson and Johnson Services, Inc., Pfizer Inc., and Merc and Co., Inc., among others.

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