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Psoriasis Treatment Market Players Observe Rising Trend of Personalized Medicines, According to TMR Report

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News provided by

Transparency Market Research

24 Jun, 2022, 11:30 GMT

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  • Rising cases of psoriasis globally are fueling the need for next-gen treatment option for the disease
  • The market is estimated to gain sizable sales avenues in North America due to presence of favorable reimbursement policies

ALBANY, N.Y., June 24, 2022 /PRNewswire/ -- The psoriasis treatment market outlook by Transparency Market Research (TMR) expects the global market to expand at a CAGR of 8.7% during the forecast period, 2022-2031.

The study provides exhaustive analysis of factors impacting the market growth including ongoing trends of the psoriasis treatment market. This aside, it sheds light on the psoriasis treatment market statistics, which include revenues, sales, volume, and shares of the market.

Among different drug class, players in the psoriasis treatment market are expected to observe continue growth in the demand for interleukin inhibitors during the forecast period. This growth is ascribed to factors such as advanced safety and effectiveness of drugs in this class for the psoriasis treatment. Increase in the adoption of this drug class is attributed to interleukin blockers, which are known as an effective option for individuals whose body doesn't show response to other treatment solutions, notes a TMR analysis on the global psoriasis treatment market.

Request Brochure of Psoriasis Treatment Market Research Report –  https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=17960

Psoriasis Treatment Market: Key Findings

  • The popularity of biologics is being increasing in the recent years owing to their ability to help in the treatment of psoriasis with moderate to severe levels, note analysts of a TMR study on the global psoriasis treatment market. Biologics are being increasingly adopted as they help in controlling the symptoms and providing improved skin clearance and quality of life to psoriasis patients. Hence, global market study on psoriasis treatment notes that the adoption of biologics is estimated to increase in the near future. Thus, the psoriasis treatment market revenue analysis by TMR expects the market to grow from US$ 18.8 Bn in 2021 and reach a valuation of more than US$ 44 Bn by 2031.
  • The demand for personalized medicines is being increasing in the recent years owing to the ability of this technique to offer promising patient outcomes. Considering this fact, companies operating in the global psoriasis treatment market are focusing on the development of biosimilars and next-gen modalities. Hence, they are seen investing heavily in R&Ds. This aside, the market players are increasing efforts to gain approval for next-gen biologic drugs intended for the treatment of psoriasis. Moreover, several leading companies are executing the strategies of acquisitions and collaborations in order to maintain their prominent positions in the global psoriasis treatment market.

Request for Analysis of COVID-19 Impact on Psoriasis Treatment Market –  https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=17960

Psoriasis Treatment Market: Growth Boosters

  • Surge in the prevalence of psoriasis across the globe is bolstering the global market
  • Increase in the availability of next-gen treatment solution intended for psoriasis in emerging economies is propelling the psoriasis treatment market
  • Rise in the new product launches is likely to drive the market in the near future

Get Exclusive PDF Sample Copy of Psoriasis Treatment Market Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=17960

Psoriasis Treatment Market: Regional Analysis

  • The psoriasis treatment market in North America is expected to maintain its dominating positon during the forecast period owing to many factors such as the presence of favorable reimbursement policies and rising cases of psoriasis in the region
  • The Asia Pacific psoriasis treatment market is anticipated to expand at rapid pace during the forecast period owing to many factors including rise in understanding on psoriasis and available treatment solutions in several developing nations of the region

Make an Enquiry Before Buying – https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=17960

Psoriasis Treatment Market: Key Players

Some of the key players profiled in the report are:

  • Eli Lilly and Company
  • Amgen, Inc.
  • Merck & Co., Inc.
  • Novartis AG
  • Pfizer, Inc.
  • Johnson & Johnson
  • AbbVie, Inc.
  • AstraZeneca plc
  • Biogen, Inc.
  • LEO Pharma A/S

Psoriasis Treatment Market Segmentation

Drug Class

  • TNF Inhibitors
  • Interleukin Inhibitors
  • Vitamin D Analogs
  • Corticosteroids
  • Others

Route of Administration

  • Oral
  • Parenteral
  • Topical

Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Others

Regions Covered

  • North America
  • Latin America
  • Europe
  • Latin America
  • Middle East & Africa

Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:

TNF Inhibitors Market: The rise in global occurrence of autoimmune illnesses such as Psoriasis, Inflammatory Bowel Disorder, Rheumatoid Arthritis (RA), and Crohn's disease, as well as the rise in the elderly populace, are the primary reasons likely to drive the expansion of the global TNF inhibitors market.

Vitamin D Testing Market: Rise in the prevalence of vitamin D deficiency and the surging focus on its importance contribute to the increase in screening for vitamin D serum levels, which, in turn, boosts the growth of the global vitamin D testing market.

Vitamin Deficiency Treatment Market: Rise in global geriatric population and high demand for Vitamin D and Vitamin B complex due to numerous health benefits are projected to drive the global vitamin deficiency treatment market.

Acute Exacerbation of CRS Treatment Market: Acute Exacerbation of CRS Treatment Market is driven by rise in mucosal inflammation incidences leading to rhinosinusitis is expected to drive the demand for acute CRS exacerbation treatment over the next few years.

Amblyopia Treatment Market: Amblyopia treatment market is driven by rise in prevalence of amblyopia and launch of technologically advanced products are projected to drive the global amblyopia treatment market.

Varicose Veins Treatment Market: Global varicose veins treatment market is driven by the rise in prevalence of varicose veins. Recent improvements in varicose veins treatment devices, such as compression therapy devices or ablation devices, has led to an increase in demand for these devices.

Glioblastoma Multiforme Treatment (GBM) Market: The rise in prevalence of chronic diseases such as cancer, cardiovascular diseases, and diabetes is expected to drive the glioblastoma multiforme (GBM) treatment market.

Recto-vaginal Fistula Treatment Market: Rise in prevalence of Crohn's disease leading to the occurrence of recto-vaginal fistula drives the global recto-vaginal fistula treatment market.

About Us

Transparency Market Research is a global market intelligence company providing syndicated research reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact Us:
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: http://www.transparencymarketresearch.com  
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com

Logo: https://mma.prnewswire.com/media/1682871/TMR_Logo_Logo.jpg

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