Psoriasis Treatment Market By Drug Class (TNF Inhibitors, Interleukins, and Others), By Type (Plaque Psoriasis, Psoriatic Arthritis, and Others), By Route Of Administration (Oral, Parenteral, Topical), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy), and Geography

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Psoriasis Treatment Market size was valued at USD 2,746.6 million in 2023 and is expected to grow at an 8.2% CAGR from 2024 to 2030. Psoriasis is an autoimmune inflammatory disorder, resulting from the rapid overgrowth of skin cells causing itchiness resulting in inflammation, red lesions, and plaque formation. The increasing prevalence of plaque and psoriatic arthritis, the increasing geriatric population, and the presence of huge pipeline drugs in the market are the key driving factors in the psoriasis treatment market. For instance, according to U.S. census data, the number of psoriasis cases reported is approximately 7.55 million in 2020.

In addition, the rising investments in research and development of biologics and biological therapy by the key market players are expected to fuel the market growth over the forecasted years. For instance, in April 2019, Novartis AG announced that the China Health Authority NMPA approved their product Cosentyx, first in class interleukin 17A inhibitors used to treat moderate to severe plaque psoriasis in adults. However, the high medication cost and lack of reimbursement policies in emerging countries and patients hesitant to visit dermatology for psoriasis treatment are expected to hinder the growth of the psoriasis treatment market over the forecasted years. For instance, according to the economic analysis of psoriasis treatment, the proportion of medication cost is 20% of the total cost.  It was estimated that one in three patients face trouble paying for the cost of treatment. Furthermore, the market key players are involved in adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share which is expected to drive the psoriasis treatment market at a significant rate over the forecasted period.  

Psoriasis Treatment Market Key Developments:
  • In November 2021, AbbVie Inc. got the approval for SKYRIZI subcutaneous injection to treat active psoriatic arthritis from the European Commission.
  • In September 2021, LEO Pharma A/S announced the partnership with Veeva Systems to continue clinical trials with high significance.

Global Psoriasis Treatment Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

8.2%

Largest Market

North America

Fastest Growing Market

North America
Psoriasis Treatment Market Dynamics

Psoriasis treatment market is expected to grow over the forecasted period due to the increasing prevalence of plaque psoriasis and psoriatic arthritis and increasing geriatric population across the globe. In addition, the growing usage of combined therapy for the treatment of psoriasis and approval of psoriasis drugs across the globe is expected to boost the market growth. furthermore, the development of cutting-edge technology, raising awareness of treatment and growing research and development for psoriasis treatment are expected to fuel the market growth over the forecasted period. On the other side, the high cost of treatment is expected to hinder the market growth.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Global Psoriasis Treatment Market Segmentation

By Drug class
  • TNF Inhibitors
  • Interleukins
  • Others
By Type
  • Plaque Psoriasis
  • Psoriatic Arthritis
  • Others
By Route-administration
  • Oral
  • Parenteral
  • Topical
By Distribution channel
  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy

Frequently Asked Questions

The psoriasis treatment market is projected to expand at a CAGR of 8.2% during the forecast period

Amgen Inc. (U.S), Eli Lilly and Company(U.S), Novartis AG (Switzerland), Merck & Co., Inc. (U.S), Johnson & Johnson Services, Inc., (U.S), Pfizer, Inc. (U.S), AstraZeneca (U.K)

North America is the fastest-growing region for psoriasis treatment market

Increasing prevalence of plaque psoriasis and psoriatic arthritis and innovation of new pipeline drugs are expected to drive the growth of psoriasis treatment market over the forecasted years.

1. Executive Summary
2. Global Psoriasis Treatment Market Introduction
2.1. Global Psoriasis Treatment Market – Taxonomy
2.2. Global Psoriasis Treatment Market – Definitions
2.2.1. By Drug Class
2.2.2. By Psoriasis Type
2.2.3. By Route of Administration
2.2.4. By Distribution Channel
2.2.5. By Region
3. Global Psoriasis Treatment Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Psoriasis Treatment Market Dynamic Factors - Impact Analysis
3.6. Global Psoriasis Treatment Market – Competition Landscape
4. Global Psoriasis Treatment Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Psoriasis Treatment Market, By Drug Class, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1. TNF Inhibitors
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Vitamin D Analogues
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Interleukin Blockers
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Topical Corticosteroids
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Monoclonal Antibodies
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
5.6. Others
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.6.3. Market Opportunity Analysis
6. Global Psoriasis Treatment Market, By Psoriasis Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1. Plaque Psoriasis
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Guttate Psoriasis
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3.  Market Opportunity Analysis
6.3. Flexural Psoriasis
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Inverse Psoriasis
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Psoriatic Psoriasis
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Global Psoriasis Treatment Market, By Route of Administration, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1. Oral
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Topical
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Parenteral
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Psoriasis Treatment Market, By Distribution Channel, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1. Hospital Pharmacies
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Retail Pharmacies
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Online Pharmacies
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
9. Global Psoriasis Treatment Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Psoriasis Treatment Market - Opportunity Analysis Index, By Drug Class, By Psoriasis Type, By Route of Administration, By Distribution Channel, and Region, 2024 - 2030
10. North America Psoriasis Treatment Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
10.1. Drug Class Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. TNF Inhibitors
10.1.2. Vitamin D Analogues
10.1.3. Interleukin Blockers
10.1.4. Topical Corticosteroids
10.1.5. Monoclonal Antibodies
10.1.6. Others
10.2. Psoriasis Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Plaque Psoriasis
10.2.2. Guttate Psoriasis
10.2.3. Flexural Psoriasis
10.2.4. Inverse Psoriasis
10.2.5. Psoriatic Psoriasis
10.3. Route of Administration Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Oral
10.3.2. Topical
10.3.3. Parenteral
10.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Hospital Pharmacies
10.4.2. Retail Pharmacies
10.4.3. Online Pharmacies
10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Psoriasis Treatment Market - Opportunity Analysis Index, By Drug Class, By Psoriasis Type, By Route of Administration, By Distribution Channel, and Country, 2024 - 2030
10.7. North America Psoriasis Treatment Market Dynamics – Trends
11. Europe Psoriasis Treatment Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
11.1. Drug Class Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. TNF Inhibitors
11.1.2. Vitamin D Analogues
11.1.3. Interleukin Blockers
11.1.4. Topical Corticosteroids
11.1.5. Monoclonal Antibodies
11.1.6. Others
11.2. Psoriasis Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Plaque Psoriasis
11.2.2. Guttate Psoriasis
11.2.3. Flexural Psoriasis
11.2.4. Inverse Psoriasis
11.2.5. Psoriatic Psoriasis
11.3. Route of Administration Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Oral
11.3.2. Topical
11.3.3. Parenteral
11.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Hospital Pharmacies
11.4.2. Retail Pharmacies
11.4.3. Online Pharmacies
11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Rest of Europe
11.6. Europe Psoriasis Treatment Market - Opportunity Analysis Index, By Drug Class, By Psoriasis Type, By Route of Administration, By Distribution Channel, and Country, 2024 - 2030
11.7. Europe Psoriasis Treatment Market Dynamics – Trends
12. Asia-Pacific Psoriasis Treatment Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
12.1. Drug Class Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. TNF Inhibitors
12.1.2. Vitamin D Analogues
12.1.3. Interleukin Blockers
12.1.4. Topical Corticosteroids
12.1.5. Monoclonal Antibodies
12.1.6. Others
12.2. Psoriasis Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Plaque Psoriasis
12.2.2. Guttate Psoriasis
12.2.3. Flexural Psoriasis
12.2.4. Inverse Psoriasis
12.2.5. Psoriatic Psoriasis
12.3. Route of Administration Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Oral
12.3.2. Topical
12.3.3. Parenteral
12.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Hospital Pharmacies
12.4.2. Retail Pharmacies
12.4.3. Online Pharmacies
12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. China
12.5.2. India
12.5.3. Japan
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Psoriasis Treatment Market - Opportunity Analysis Index, By Drug Class, By Psoriasis Type, by Drug Class, By Distribution Channel, and Country, 2024 - 2030
12.7. Asia-Pacific Psoriasis Treatment Market Dynamics – Trends
13. Latin America Psoriasis Treatment Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
13.1. Drug Class Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. TNF Inhibitors
13.1.2. Vitamin D Analogues
13.1.3. Interleukin Blockers
13.1.4. Topical Corticosteroids
13.1.5. Monoclonal Antibodies
13.1.6. Others
13.2. Psoriasis Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Plaque Psoriasis
13.2.2. Guttate Psoriasis
13.2.3. Flexural Psoriasis
13.2.4. Inverse Psoriasis
13.2.5. Psoriatic Psoriasis
13.3. Route of Administration Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Oral
13.3.2. Topical
13.3.3. Parenteral
13.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Hospital Pharmacies
13.4.2. Retail Pharmacies
13.4.3. Online Pharmacies
13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Latin America Psoriasis Treatment Market - Opportunity Analysis Index, By Drug Class, By Psoriasis Type, By Route of Administration, By Distribution Channel, and Country, 2024 - 2030
13.7. Latin America Psoriasis Treatment Market Dynamics – Trends
14. Middle East and Africa Psoriasis Treatment Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
14.1. Drug Class Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. TNF Inhibitors
14.1.2. Vitamin D Analogues
14.1.3. Interleukin Blockers
14.1.4. Topical Corticosteroids
14.1.5. Monoclonal Antibodies
14.1.6. Others
14.2. Psoriasis Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.2.1. Plaque Psoriasis
14.2.2. Guttate Psoriasis
14.2.3. Flexural Psoriasis
14.2.4. Inverse Psoriasis
14.2.5. Psoriatic Psoriasis
14.3. Route of Administration Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Oral
14.3.2. Topical
14.3.3. Parenteral
14.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Hospital Pharmacies
14.4.2. Retail Pharmacies
14.4.3. Online Pharmacies
14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf CoDistribution Channel  Council (GCC) Countries
14.5.2. South Africa
14.5.3. Rest of MEA
14.6. MEA Psoriasis Treatment Market - Opportunity Analysis Index, By Drug Class, By Psoriasis Type, By Route of Administration, By Distribution Channel, and Country, 2024 - 2030
14.7. MEA Psoriasis Treatment Market Dynamics – Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Key Products, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Amgen Inc. (U.S)
15.2.2. Eli Lilly and Company (U.S)
15.2.3. Novartis AG (Switzerland)
15.2.4. Merck & Co., Inc. (U.S)
15.2.5. Johnson & Johnson Services, Inc., (U.S)
15.2.6. Pfizer, Inc. (U.S)
15.2.7. AstraZeneca (U.K)
15.2.8. AbbVie Inc. (U.S)
15.2.9. LEO Pharma A/S (Denmark)
15.2.10. Biogen (U.S)
16. Research Methodology
17. Key Assumptions and Acronyms
  • Amgen Inc. (U.S)
  • Eli Lilly and Company(U.S)
  • Novartis AG (Switzerland)
  • Merck & Co., Inc. (U.S)
  • Johnson & Johnson Services, Inc., (U.S)
  • Pfizer, Inc. (U.S)
  • AstraZeneca (U.K)
  • AbbVie Inc. (U.S)
  • LEO Pharma A/S (Denmark)
  • Biogen (U.S)

Adjacent Markets