Global Psoriasis Treatment Market Analysed & Forecast by PBI in Its New Research Report Recently Added at MarketPublishers.com13 Dec 2017 • by Natalie Aster
LONDON – Presently, psoriasis is considered an incurable disease. Still, the symptoms of this disease can be successfully cured by certain treatment options, for instance, steroid creams, vitamin D3 cream, UV light and immunosuppressants.
The world’s psoriasis treatment market is witnessing sustained growth, driven by escalating incidence of this disease, rising alcohol consumption and expanding smoking trends, surging spending on medicines, increasing healthcare expenditures, entry of biosimilars and launches of systemic products, amidst others. On the other hand, the market growth can be significantly restrained by high costs of medications used for psoriasis treatment and some side-effects associated with the existing treatment options.
Geographically, the total psoriasis treatment market is dominated by North America, which captures the lion’s share owing to the rising incidence of the disease in the region. For instance, only in the USA about 7.5 million people suffer from psoriasis. The European market for psoriasis treatment is expected to gain traction at significant rates in the coming years, due to increased prevalence of psoriasis, rising awareness about skin diseases and expanding adoption of biosimilars in the region. Meantime, APAC, dominated by India and China, is likely to be the fastest growing regional market for psoriasis treatment; this is attributed majorly to improving infrastructure, increasing awareness of psoriasis and availability of psoriasis treatment options in this region.
New insightful research report “Global Psoriasis Treatment Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023” recently issued by Precision Business Insights (PBI) gives a profound analysis of the world’s market for psoriasis treatment, uncovers relevant data on market size, shares and growth rates; examines the key market segments and also investigates the actual situation across the key regional markets. Moreover, the publication characterises the market dynamics and sheds light on the key market growth driving and restraining forces; discusses the emerging growth challenges and opportunities, uncovers data on the competitive pressures and reviews the prominent market participants with details on their performance and business strategies. The report provides access to reliable market statistics for 2012-2016 and also presents future forecasts till 2023.
A full collection of research reports drawn up by this publisher is provided in PBI catalogue at MarketPublishers.com.