(Health-NewsWire.Net, July 21, 2016 ) Psoriasis is a commonly diagnosed immune-mediated disease of the skin. In psoriasis, the skin grows fast and causes a build-up of red, thick white, or silvery patches. It modifies the normal cell cycle of the skin such that new cells move to the surface of the skin quickly to form patches called plaques. These plaques are commonly found on the knees, elbows, scalp, hand and feet. The condition mostly occurs among adults (18 years-35 years), but can also be seen in adolescents (12 years-18 years) and children (under 10 years).
Psoriasis is more prevalent among Caucasians compared to African-Americans. According to a World Health Organization (WHO) document of 2015, the global prevalence of psoriasis is approximately 2%-3%. However, it is approximately 4.6% in developed countries. In addition, the risk of an individual getting diagnosed with psoriasis is 41% if both parents have psoriasis, 14% in case one parent is affected, and 6% if a sibling has psoriasis.
Technavios analysts forecast the global systemic psoriasis therapeutics market to grow at a CAGR of 9.41% during the period 2016-2020.
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Covered in this report The report covers the present scenario and the growth prospects of the global systemic psoriasis therapeutics market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the from the sales of branded, generic, and off-label drugs used to treat psoriasis. It also considers the revenues to be generated from the sales of drugs that are expected to be launched into the market along with the decline in revenues from the patent expiries of marketed drugs during the forecast period.
The market is divided into the following segments based on geography: Americas APAC EMEA
New report, Global Systemic Psoriasis Therapeutics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors AbbVie Johnson & Johnson Celgene Amgen Pfizer
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Other prominent vendors AbGenomics Almirall Anacor Pharmaceuticals ApoPharma Astellas Pharma AstraZeneca Aurinia Pharmaceuticals Biocon Biogen Idec Biotest Boehringer Ingelheim Bristol-Myers Squibb Can-Fite BioPharma Cellceutix Corporation Coherus Biosciences Creabilis Crescendo Biologics Delenex Therapeutics Dermira Eli Lilly F. Hoffmann-La Roche Forward Pharma G & W Laboratories GlaxoSmithKline Idera Pharmaceuticals Incyte Kadmon kinetabio KPI Therapeutics Kyowa Hakko Kirin LEO Pharma Maruho Merck Mitsubishi Tanabe Pharma Moleculin MorphoSys Novartis Prism Pharma Promius Pharma Prothena Biosciences Provectus Biopharmaceuticals Sandoz Sun Pharmaceuticals Takeda Pharmaceuticals Taro Pharmaceuticals TFS UCB Valeant Pharmaceuticals VBL Therapeutics XenoPort Ziarco Pharma
Market driver Dominance of market by biologics For a full, detailed list, view our report
Market challenge Physician's reluctance to prescribe biosimilars For a full, detailed list, view our report
Market trend Advent of biologics with novel MOA and cell-based strategies For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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