The psoriasis treatment market size was USD 24.33 billion in 2021. The market is projected to grow from USD 26.37 billion in 2022 to USD 47.24 billion in 2029 at a CAGR of 8.7% during the 2022-2029 period. This vital information is presented by Fortune Business Insights™, in its report titled, “Psoriasis Treatment Market, 2022-2029.” Factors, such as rising geriatric population, increasing prevalence of plaque psoriasis, and psoriasis arthritis, will increase the footprint of the market during the forecast period. Additionally, increased focus on biologics by prominent players will foster the market growth. Industry Development October 2021 – Sun Pharmaceutical Industries Ltd. announced the availability of ILUMYA in Canada for the treatment of moderate-to-severe plaque psoriasis to strengthen its presence in Canada. Request a Sample Copy of the Research Report: Drivers & Restraints Rising Prevalence of Psoriasis & Rocketing Biological Therapy Approvals to Augment Market Growth Factors such as the increasing occurrence of psoriasis on a global scale and rising demand for safe and effective therapies will boost the psoriasis treatment market growth during the forecast period. Integration of biologicals in the treatment of psoriatic disorders and rising collaborative efforts among the dominant players will increase the footprint of the market. Also, increased focus on developing biologics will fuel the growth of the market. However, high medications costs will limit the growth of the market during the forecast period to a certain extent. To get to know more about the short-term and long-term impact of COVID-19 on this market, please visit: About Us: Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in. Contact Us: Fortune Business Insights™ Pvt. Ltd. US :+1 424 253 0390 UK : +44 2071 939123 APAC : +91 744 740

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