Plaque Psoriasis Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Plaque Psoriasis Market is segmented By Treatment (Systemic Therapies, Topical Therapies, Phototherapy), By Severity (Mild Plaque Psoriasis, Moderate ....

Plaque Psoriasis Market Size

Market Size in USD

CAGR6.9%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR6.9%
Market ConcentrationHigh
Major PlayersAbbVie Inc., Novartis International AG, Johnson & Johnson (Janssen Pharmaceuticals), Eli Lilly and Company, Amgen Inc.
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Plaque Psoriasis Market Analysis

The plaque psoriasis market is estimated to be valued at USD 30.14 Bn in 2024 and is expected to reach USD 48.1 Bn by 2031, growing at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031. The plaque psoriasis market has been witnessing rising demand for biologics and biosimilars for the treatment of plaque psoriasis. Furthermore, expiry of patents of blockbuster biologics has led to market entry of biosimilars at more affordable prices than reference biologics, improving access to patients.