Plaque psoriasis is a type of skin disorder wherein patients suffer from large dry, itchy patches of skin on their bodies. These patches constitute of skin-cell build up and are generally prevalent on the scalp, elbows, lower back and knees. This condition is the most common variant of psoriasis which is an autoimmune chronic disorder. Although, no commercialized treatment methods are available, various disease management therapies are being commercialized in the market.

Global Plaque Psoriasis Market is expected to register a steady CAGR of 4.03% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017.

Key Market Competitors:

Few of the major competitors currently working in the global plaque psoriasis market are Johnson & Johnson Services, Inc.; AbbVie Inc.; Amgen Inc.; Novartis AG; Pfizer Inc.; Eli Lilly and Company; Merck & Co., Inc.; Sun Pharmaceutical Industries Ltd.; LEO Pharma; CELGENE CORPORATION; Can Fite Biopharma; UCB S.A.; ALLERGAN; Dermira, Inc.; Galectin Therapeutics Inc.; Biogen; Dr. Reddy’s Laboratories Ltd.; Bausch Health; LUPIN and AstraZeneca among others.

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Competitive Analysis:

Global plaque psoriasis market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of plaque psoriasis market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Drivers

Increasing costs incurred on biologic therapeutics for the treatment of various disorders from the U.S. region is expected to drive the growth of the market
Availability of easy to utilize therapeutic systems such as phototherapy and topical therapeutic system for the disease are factors driving the growth of the market
Lack in the availability of therapies for treating the disease is expected to induce greater innovations and advancements in the market
Market Restraints

Lack of effectiveness in the treatment of the disease through topical therapy system is expected to restrict the growth of the market
High costs associated with the biologic therapy systems for the disease is also expected to restrict the growth of the market
Lack of effective reimbursement scenarios for the treatment of the disease; this factor is also expected to restrain the growth of the market
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Segmentation: Plaque Psoriasis Market

By Therapy Type (Topical, Phototherapy, Systemic Agents, Biologic Therapies)

By Application (Hospitals, Clinics, Others)

By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)

Reasons to Purchase this Report

Current and future of global anesthesia monitoring market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

Regions/Countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

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