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Global Psoriatic Arthritis Treatment Market to reach USD 16.76 billion by the end of 2029.

Global Psoriatic Arthritis Treatment Market Size study & Forecast, by Drug Type (NSAIDs, DMARDs, Biologics, and Others), Type (Prescription, and OTC), and Route of Administration (Topical, Oral, and Injectable) and Regional Analysis, 2022-2029

Product Code: HLSDT-99157986
Publish Date: 17-10-2022
Page: 200

Global Psoriatic Arthritis Treatment Market is valued approximately USD 9.61 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.2% over the forecast period 2022-2029. Psoriatic Arthritis is a form of arthritis that occurs in people affected from psoriasis. Psoriatic Arthritis causes pain, swelling and stiffness in body joints. Psoriatic Arthritis is an auto immune condition in which body’s immune system attacks healthy cells of the body. It mainly affects knees, ankles, feet, and hands. Severe Psoriatic Arthritis can cause permanent deformation of joints. Its treatment options include steroids, injections, and oral drugs among others. The increasing incidence of Psoriatic Arthritis and growing penetration of biological and biosimilar therapies as well as strategic initiatives from leading market players are key factors accelerating the market growth.

According to the National Psoriasis Foundation estimates – as of 2020, around 8 million individuals in US are affected by Psoriasis. Whereas, globally around 125 million people are affected by Psoriasis, witnessing for around 2-3% of the global population. In addition, approximately 30 percent individuals with psoriasis also develop psoriatic arthritis. Also, rising number of geriatric individuals and growing healthcare infrastructure in emerging markets would create lucrative growth prospectus for the market over the forecast period. However, high Cost associated with treatment and lack of standardization of diagnosis tools impede the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Psoriatic Arthritis Treatment Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region due to rising prevalence of Psoriatic Arthritis as well as presence of leading market players in the region. Whereas Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising number of geriatric individuals as well as growing healthcare infrastructure in the region.

Major market player included in this report are:
AbbVie Inc.
Amgen Inc.
Bristol-Myers Squibb Company
Eli Lilly and Company.
Johnson & Johnson.
Merck & Co Inc.
Mylan N.V
Novartis AG
Pfizer Inc.
UCB S.A.

Recent Developments in the Market:
 In December 2021, Novartis, received approval from US FDA for its new product Cosentyx(secukinumab) for the treatment of active enthesitis-related arthritis (ERA) in four years and older, and active juvenile psoriatic arthritis (JPsA) in patients two years and older.

 In January 2022, The US Food and Drug Administration (FDA) approved AbbVie’s Skyrizi (risankizumab-rzaa). This new formulation is intended for treatment of active psoriatic arthritis (PsA) patients.

Global Psoriatic Arthritis Treatment Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Drug Type, Type, Route of Administration, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Drug Type
NSAIDs
DMARDs
Biologics
Others
By Type
Prescription
OTC
By Route of Administration
Topical
Oral
Injectable

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Psoriatic Arthritis Treatment Market, by Region, 2019-2029 (USD Billion)
1.2.2. Psoriatic Arthritis Treatment Market, by Drug Type, 2019-2029 (USD Billion)
1.2.3. Psoriatic Arthritis Treatment Market, by Type, 2019-2029 (USD Billion)
1.2.4. Psoriatic Arthritis Treatment Market, by Route of Administration, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Psoriatic Arthritis Treatment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Psoriatic Arthritis Treatment Market Dynamics
3.1. Psoriatic Arthritis Treatment Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing incidence of Psoriatic Arthritis.
3.1.1.2. Growing penetration of biological and biosimilar therapies
3.1.1.3. Strategic initiatives from leading market players.
3.1.2. Market Challenges
3.1.2.1. High Cost associated with treatment.
3.1.2.2. Lack of standardization of diagnosis tools.
3.1.3. Market Opportunities
3.1.3.1. Rising number of geriatric individuals.
3.1.3.2. Growing healthcare infrastructure in emerging markets.
Chapter 4. Global Psoriatic Arthritis Treatment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Psoriatic Arthritis Treatment Market, by Drug Type
6.1. Market Snapshot
6.2. Global Psoriatic Arthritis Treatment Market by Drug Type, Performance – Potential Analysis
6.3. Global Psoriatic Arthritis Treatment Market Estimates & Forecasts by Drug Type 2019-2029 (USD Billion)
6.4. Psoriatic Arthritis Treatment Market, Sub Segment Analysis
6.4.1. NSAIDs
6.4.2. DMARDs
6.4.3. Biologics
6.4.4. Others
Chapter 7. Global Psoriatic Arthritis Treatment Market, by Type
7.1. Market Snapshot
7.2. Global Psoriatic Arthritis Treatment Market by Type, Performance – Potential Analysis
7.3. Global Psoriatic Arthritis Treatment Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
7.4. Psoriatic Arthritis Treatment Market, Sub Segment Analysis
7.4.1. Prescription
7.4.2. OTC
Chapter 8. Global Psoriatic Arthritis Treatment Market, by Route of Administration
8.1. Market Snapshot
8.2. Global Psoriatic Arthritis Treatment Market by Route of Administration, Performance – Potential Analysis
8.3. Global Psoriatic Arthritis Treatment Market Estimates & Forecasts by Route of Administration 2019-2029 (USD Billion)
8.4. Psoriatic Arthritis Treatment Market, Sub Segment Analysis
8.4.1. Injectable
8.4.2. Oral
8.4.3. Topical
Chapter 9. Global Psoriatic Arthritis Treatment Market, Regional Analysis
9.1. Psoriatic Arthritis Treatment Market, Regional Market Snapshot
9.2. North America Psoriatic Arthritis Treatment Market
9.2.1. U.S. Psoriatic Arthritis Treatment Market
9.2.1.1. Drug Type breakdown estimates & forecasts, 2019-2029
9.2.1.2. Type breakdown estimates & forecasts, 2019-2029
9.2.1.3. Route of Administration breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Psoriatic Arthritis Treatment Market
9.3. Europe Psoriatic Arthritis Treatment Market Snapshot
9.3.1. U.K. Psoriatic Arthritis Treatment Market
9.3.2. Germany Psoriatic Arthritis Treatment Market
9.3.3. France Psoriatic Arthritis Treatment Market
9.3.4. Spain Psoriatic Arthritis Treatment Market
9.3.5. Italy Psoriatic Arthritis Treatment Market
9.3.6. Rest of Europe Psoriatic Arthritis Treatment Market
9.4. Asia-Pacific Psoriatic Arthritis Treatment Market Snapshot
9.4.1. China Psoriatic Arthritis Treatment Market
9.4.2. India Psoriatic Arthritis Treatment Market
9.4.3. Japan Psoriatic Arthritis Treatment Market
9.4.4. Australia Psoriatic Arthritis Treatment Market
9.4.5. South Korea Psoriatic Arthritis Treatment Market
9.4.6. Rest of Asia Pacific Psoriatic Arthritis Treatment Market
9.5. Latin America Psoriatic Arthritis Treatment Market Snapshot
9.5.1. Brazil Psoriatic Arthritis Treatment Market
9.5.2. Mexico Psoriatic Arthritis Treatment Market
9.6. Rest of The World Psoriatic Arthritis Treatment Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. AbbVie Inc.
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Amgen Inc.
10.2.3. Bristol-Myers Squibb Company
10.2.4. Eli Lilly And Company.
10.2.5. Johnson & Johnson.
10.2.6. Merck & Co Inc.
10.2.7. Mylan N.V
10.2.8. Novartis AG
10.2.9. Pfizer Inc.
10.2.10. UCB S.A.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

List of Tables
TABLE 1. Global Psoriatic Arthritis Treatment Market, report scope
TABLE 2. Global Psoriatic Arthritis Treatment Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Psoriatic Arthritis Treatment Market estimates & forecasts by Drug Type 2019-2029 (USD Billion)
TABLE 4. Global Psoriatic Arthritis Treatment Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 5. Global Psoriatic Arthritis Treatment Market estimates & forecasts by Route of Administration 2019-2029 (USD Billion)
TABLE 6. Global Psoriatic Arthritis Treatment Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Psoriatic Arthritis Treatment Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Psoriatic Arthritis Treatment Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Psoriatic Arthritis Treatment Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Psoriatic Arthritis Treatment Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Psoriatic Arthritis Treatment Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Psoriatic Arthritis Treatment Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Psoriatic Arthritis Treatment Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Psoriatic Arthritis Treatment Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Psoriatic Arthritis Treatment Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Psoriatic Arthritis Treatment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Psoriatic Arthritis Treatment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Psoriatic Arthritis Treatment Market
TABLE 71. List of primary sources, used in the study of global Psoriatic Arthritis Treatment Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
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Market driving trends and favorable economic conditions
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Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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