Psoriasis Drugs Market Analysis 2020 – Growth Prospects and Future Scenario of Industry Size and Share and Market Insights Forecast to 2024


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    Psoriasis Drugs Market” report delivers an overview of the market trends, drivers, and barriers with respect to the competitive landscape. It also provides a detailed overview of the market of different regions globally. Furthermore, the Psoriasis Drugs market report contains a primary overview of the Psoriasis Drugs market covering different product definitions, classifications, and participants in the industry chain structure.

    The global Psoriasis Drugs market provides quantitative and qualitative analysis of the competitive landscape, development trends, and key success in the Psoriasis Drugs industry.

    Competitor Landscape: Psoriasis Drugs market report contains top companies on the basis of types, applications, size, share, and regions.

    Among all these factors, one of the factors expected to have a major impact on the market growth is the increasing use of combination therapies. Research is continuing on this combination therapies approach. However, studies conducted suggest that it often eases psoriasis symptoms more effectively than either treatment by themselves. Biologics usually take a while to work. Combining a biologic with a faster-acting systemic drug, such as cyclosporine, is usually much more effective and safer. With faster, longer-lasting results and fewer side effects, requiring lower doses, many doctors are prescribing combination therapies, which is, in turn, expected to drive the psoriasis drugs market. However, factors such as side effects of existing medications may have a negative impact on market growth.

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    Key Market Trends:

    Interleukin Inhibitors is Expected to Grow with High CAGR in the Forecasted 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 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.

    Reason to buy Psoriasis Drugs Market Report:

    • Psoriasis Drugs market report provides pin-point analysis for changing competitive dynamics.
    • Psoriasis Drugs market report provides a forward-looking perspective on different factors driving or restraining market growth
    • Ability to analyze the development of future products, pricing strategies, and launch plans of the Psoriasis Drugs market.
    • Further insight into the prevalence of the subdivided types of Psoriasis Drugs and identification of segments with high potential.
    • Delivery of more accurate information related to various countries.
    • Evaluate the key vendors in the Psoriasis Drugs market in terms of product satisfaction and business strategy.

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    Detailed TOC of Psoriasis Drugs Market 2020-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Disease Burden and Demand for Psoriasis Medicines in Emerging Economies
    4.2.2 Increasing Use of Combination Therapies
    4.2.3 Increase in Psoriasis Research and Pipeline Drugs
    4.3 Market Restraints
    4.3.1 Adverse Side Effects of Existing Medications
    4.3.2 High Cost of Psoriasis Treatments
    4.3.3 Extensive Drug Development and Approval Process
    4.4 Porter’s Five Force Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type of Treatment
    5.1.1 Biologic Drugs
    5.1.2 Small Molecule Systemic Drugs
    5.1.3 Tropical Therapies
    5.2 By Mechanism of Action
    5.2.1 TNF Alpha Inhibitors
    5.2.1.1 Etanercept
    5.2.1.2 Certolizumab Pegol
    5.2.1.3 Adalimumab
    5.2.1.4 Infiximab
    5.2.1.5 Golimumab
    5.2.2 PDE4 Inhibitors
    5.2.2.1 Apremilast
    5.2.3 Interleukin Inhibitors
    5.2.3.1 Secukinumab
    5.2.3.2 Ustekinumab
    5.2.3.3 Other Interleukin Inhibitors
    5.2.4 Other Mechanisms of Action
    5.3 By Route of Administration
    5.3.1 Oral
    5.3.2 Parenteral
    5.3.3 Topical
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East & Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East & Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Eli Lilly and Company
    6.1.2 Pfizer Inc.
    6.1.3 Johnson and Johnson (Janssen Biotech Inc.)
    6.1.4 Celgene Corporation
    6.1.5 Takeda Pharmaceutical Company Limited
    6.1.6 Stiefel Laboratories Inc.
    6.1.7 Novartis AG
    6.1.8 Amgen Inc.
    6.1.9 Biogen Idec
    6.1.10 AbbVie Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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