Plaque Psoriasis Market is segmented By Treatment (Systemic Therapies, Topical Therapies, Phototherapy), By Severity (Mild Plaque Psoriasis, Moderate ....
Market Size in USD
CAGR6.9%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 6.9% |
Market Concentration | High |
Major Players | AbbVie Inc., Novartis International AG, Johnson & Johnson (Janssen Pharmaceuticals), Eli Lilly and Company, Amgen Inc. |
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.