Global Psoriasis Therapeutics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Plaque Psoriasis, Psoriatic Arthritis, and Others

By Drug Class;

TNF-Alpha Inhibitors, Interleukin Inhibitors, and Others

By Route of Administration;

Oral, Parenteral/Systemic, and Topical

By Dosage Forms;

Liquid, Semi-Solid, and Solid

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn129461011 Published Date: May, 2025 Updated Date: June, 2025

Psoriasis Therapeutics Market Overview

Psoriasis Therapeutics Market (USD Million)

Psoriasis Therapeutics Market was valued at USD 26,349.81 million in the year 2024. The size of this market is expected to increase to USD 48,354.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.1%.


Global Psoriasis Therapeutics Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 9.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.1 %
Market Size (2024)USD 26,349.81 Million
Market Size (2031)USD 48,354.40 Million
Market ConcentrationMedium
Report Pages322
26,349.81
2024
48,354.40
2031

Major Players

  • AbbVie Inc.
  • Novartis AG
  • Johnson & Johnson Services, Inc.
  • Pfizer Inc.
  • LEO Pharma A/S
  • Merck & Co., Inc.
  • Amgen Inc.
  • Eli Lilly and Company
  • Evelo Biosciences, Inc.
  • UCB S.A.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Psoriasis Therapeutics Market

Fragmented - Highly competitive market without dominant players


The Psoriasis Therapeutics Market is experiencing notable momentum due to the rising burden of chronic inflammatory skin conditions and the growing preference for advanced biologics. Demand is being fueled by increased awareness and a higher diagnosis rate, contributing to consistent market expansion. The market has grown by over 12% in recent years, reflecting a robust shift towards targeted treatments over conventional therapies.

Innovation and Therapeutic Advancements
Rapid developments in biologics and small-molecule drugs are reshaping the treatment landscape. These innovative therapies have demonstrated enhanced efficacy in managing moderate to severe psoriasis, accounting for nearly 40% of new treatment adoptions. Continuous R&D efforts and the introduction of biosimilars are also broadening therapeutic access and reducing treatment costs.

Rise in Diagnosis and Treatment Adoption
Increasing access to dermatological care and early detection have contributed to a 15% surge in the diagnosed patient population. Educational campaigns and improved healthcare infrastructure are accelerating treatment uptake. The shift from over-the-counter remedies to prescription medications further supports the market’s upward trajectory.

Regulatory Support and Reimbursement Trends
Favorable regulatory approvals and improved reimbursement policies have significantly impacted treatment accessibility. In particular, reimbursement coverage for biologics has increased by 18%, encouraging patients to opt for higher-cost, high-efficacy therapies.

Future Growth Drivers
The integration of digital health tools and personalized medicine is expected to drive future innovation in psoriasis care. Technologies such as AI-driven diagnostics and patient tracking apps are being adopted by over 22% of care providers. These advancements are enhancing patient outcomes and supporting long-term disease management strategies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Drug Class
    3. Market Snapshot, By Route of Administration
    4. Market Snapshot, By Dosage Forms
    5. Market Snapshot, By Region
  4. Psoriasis Therapeutics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Prevalence of Psoriasis Worldwide

        2. Advancements in Biologic Therapies and Drug Development

        3. Growing Emphasis on Personalized Medicine Approaches

      2. Restraints
        1. High Cost of Biologic Therapies and Specialty Medications

        2. Treatment Resistance and Lack of Response in Some Patients

        3. Adverse Effects and Safety Concerns Associated with Certain Treatments

      3. Opportunities
        1. Development of Targeted Biologic Therapies for Specific Psoriasis Subtypes

        2. Integration of Digital Health Solutions for Remote Monitoring and Patient Support

        3. Expansion into Emerging Markets with Untapped Potential

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Psoriasis Therapeutics Market, By Type, 2021 - 2031 (USD Million)
      1. Plaque Psoriasis

      2. Psoriatic Arthritis

      3. Others

    2. Psoriasis Therapeutics Market, By Drug Class, 2021 - 2031 (USD Million)

      1. TNF-Alpha Inhibitors

      2. Interleukin Inhibitors

      3. Others

    3. Psoriasis Therapeutics Market, By Route of Administration, 2021 - 2031 (USD Million)
      1. Oral

      2. Parenteral/Systemic

      3. Topical

    4. Psoriasis Therapeutics Market, By Dosage Forms, 2021 - 2031 (USD Million)

      1. Liquid

      2. Semi-Solid

      3. Solid

    5. Psoriasis Therapeutics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AbbVie Inc. (U.S.)
      2. Novartis AG (Switzerland)
      3. Johnson & Johnson Services, Inc.(U.S.)
      4. Pfizer Inc. (U.S.)
      5. LEO Pharma A/S (Denmark)
      6. Merck & Co., Inc. (U.S.)
      7. Amgen Inc. (U.S.)
      8. Eli Lilly and Company (U.S.)
      9. Evelo Biosciences, Inc. (U.S.)
      10. UCB S.A. (Belgium)
  7. Analyst Views
  8. Future Outlook of the Market