The Psoriasis Drugs Market: A Comprehensive Analysis of Emerging Therapies and Market Dynamics
Market Overview
Psoriasis is a chronic autoimmune skin disorder characterized by red, itchy, and scaly patches. The Psoriasis Drugs market encompasses pharmaceuticals designed to manage and treat psoriasis symptoms. The market has witnessed significant expansion as research and development efforts continue to produce novel and more effective treatment options.
Market Size and Growth Trends
Market Size:
Worldwide sales of psoriasis drugs amounted to around US$ 11.37 Billion in 2021. The global psoriasis drugs market is predicted to progress at a CAGR of 6.5% to reach a valuation of US$ 21.48 Billion by 2031. The market is driven by an increasing patient pool and the introduction of innovative therapies.
Growth Trends:
Biologics Dominance: Biologic drugs, with their targeted approach, are ...