Plaque Psoriasis Treatment Market was valued at USD 17.5 Billion in 2022 and is projected to reach USD 28.1 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The plaque psoriasis treatment market is categorized by applications including hospitals, clinics, and others. Each of these segments plays a significant role in the delivery and advancement of treatment options for plaque psoriasis, a chronic autoimmune condition characterized by the rapid growth of skin cells that leads to scaling and inflammation. Hospitals remain a dominant application segment due to the advanced treatments offered, including phototherapy, systemic medications, and biologic therapies. They provide patients with specialized care and access to the latest innovations in psoriasis treatments, ensuring a comprehensive management approach. Hospitals are also integral in providing long-term follow-up and patient education, which are crucial for managing a condition like plaque psoriasis.
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Clinics also represent a growing segment within the plaque psoriasis treatment market, with dermatology-focused centers and specialized psoriasis treatment clinics offering targeted care. These facilities tend to provide a more personalized and accessible treatment environment, which can be an advantage for patients looking for specialized, less intensive care compared to what hospitals offer. Clinics generally offer therapies such as topical treatments, phototherapy, and in some cases, injectable biologics for patients with moderate to severe plaque psoriasis. Additionally, clinics often foster a patient-centric approach, which allows for greater patient-provider communication, individualized treatment plans, and improved overall patient satisfaction.
Hospitals, particularly those with dermatology departments, remain a leading choice for the treatment of plaque psoriasis due to the comprehensive resources they provide. Patients in these settings often have access to a variety of treatment options that include both conventional therapies such as topical treatments and systemic options like biologic agents. Moreover, hospitals are equipped to handle patients with severe or complicated cases of psoriasis, offering specialized care and multidisciplinary support. Hospitals also offer advanced diagnostic tools, such as skin biopsies, and sophisticated management techniques, which help in personalizing treatment based on the patient's specific needs.
The role of hospitals in the plaque psoriasis treatment market extends beyond just providing care. They are critical hubs for research and innovation in psoriasis treatments, often serving as the site for clinical trials. This aspect is particularly important for patients who may benefit from cutting-edge treatments that are not yet available in other settings. Hospitals also provide a higher level of care for patients experiencing comorbidities associated with psoriasis, such as cardiovascular diseases, which are often intertwined with the condition. The growing number of specialized psoriasis centers within hospitals is likely to drive further expansion of this segment.
Clinics offer a less intensive yet highly effective alternative for patients seeking treatment for plaque psoriasis. They typically focus on non-hospital settings and often provide treatments such as topical corticosteroids, phototherapy, and the latest biologic therapies for psoriasis. The primary advantage of clinics is their ability to offer a more personalized approach, with a higher degree of patient involvement in their care plan. This personalized care model can lead to better treatment adherence and overall satisfaction, which contributes to the growing importance of clinics in the treatment landscape for plaque psoriasis. The cost-effectiveness of clinics also makes them an attractive option for patients seeking alternative treatment options.
In addition to their treatment capabilities, clinics are often associated with shorter wait times and more flexible hours, making them a popular choice for individuals who require ongoing, routine treatment. Furthermore, clinics provide a unique opportunity for education and management of chronic conditions, as they are more likely to offer tailored support systems and patient outreach programs. As the demand for convenience and specialized care grows, the clinic segment is expected to see further development, particularly as newer therapies emerge and patients seek continuous, effective management of plaque psoriasis outside of hospital settings.
The 'Others' category in the plaque psoriasis treatment market encompasses various alternative treatment settings such as home care services, online consultations, and alternative medicine clinics. While these settings may not be as prominent as hospitals or clinics, they are growing due to the increasing preference for home-based care and telemedicine. Patients seeking more flexible treatment options often turn to these alternatives for maintenance of their psoriasis management, especially for those with mild to moderate symptoms. The rise of digital health platforms and telehealth consultations has played a significant role in broadening the reach of psoriasis treatments to individuals who may have limited access to traditional treatment centers.
Furthermore, home care options are increasingly being embraced, especially for patients who are undergoing systemic treatments or biologic therapy that requires regular monitoring. This setting is conducive to continuity of care, with patients receiving support from healthcare providers through virtual consultations and home visits. As patient preferences shift towards more personalized and accessible care models, the 'Others' segment is expected to experience steady growth, fostering greater integration of telemedicine and home-based care into the overall psoriasis treatment landscape.
The plaque psoriasis treatment market has seen a number of key trends in recent years, largely driven by advances in medical research and technology. One significant trend is the growing popularity of biologics, which target specific immune system molecules involved in the development of psoriasis. These drugs, including TNF inhibitors, IL-12/23 inhibitors, and IL-17 inhibitors, have revolutionized the way plaque psoriasis is treated, offering patients with moderate to severe cases an effective option for long-term management. The rise of personalized medicine, where treatment is tailored to an individual's genetic and environmental factors, is also contributing to better treatment outcomes.
Another key trend is the shift towards telemedicine and digital health platforms for managing psoriasis. Patients increasingly seek out remote consultations, mobile health apps, and online resources for ongoing management, which has been particularly prominent following the COVID-19 pandemic. This trend is expected to continue as patients demand more convenient access to their healthcare providers. Digital platforms allow for continuous monitoring of the condition, easy medication management, and the ability to provide real-time support and feedback to patients. This trend is expected to fuel the growth of the 'Others' segment in the market as patients look for flexible, at-home solutions for managing plaque psoriasis.
With the increasing prevalence of plaque psoriasis, there are significant opportunities for expansion and innovation within the treatment market. One key opportunity lies in the development of new, targeted biologic therapies that offer more effective treatments with fewer side effects. Research into gene therapy and personalized medicine also promises to revolutionize how psoriasis is treated, leading to more customized and efficient treatments for patients. Additionally, advancements in combination therapies, where different treatment modalities are used together, present further opportunities for improving patient outcomes.
The growing demand for home care and telemedicine services represents another important opportunity for market players. By integrating advanced digital solutions, healthcare providers can improve patient adherence to treatment plans, provide continuous monitoring, and offer more cost-effective care. With the increasing awareness of psoriasis and its associated risks, healthcare providers have a unique opportunity to address the needs of an underserved population. Establishing specialized clinics and providing online consultation services are key strategies to reach this growing market segment.
1. What are the main treatment options for plaque psoriasis?
Plaque psoriasis is treated with topical treatments, phototherapy, systemic treatments, and biologics, depending on the severity.
2. How effective are biologic therapies in treating plaque psoriasis?
Biologic therapies are highly effective for moderate to severe cases, offering significant long-term control of the condition.
3. Can plaque psoriasis be cured?
There is no cure for plaque psoriasis, but treatments can help manage symptoms and reduce flare-ups.
4. What is the role of telemedicine in plaque psoriasis treatment?
Telemedicine allows for remote consultations, monitoring, and support, improving accessibility and patient compliance.
5. Are there any lifestyle changes that can help manage plaque psoriasis?
Managing stress, avoiding triggers, and maintaining a healthy diet and skin care routine can help manage plaque psoriasis.
6. What are the risks associated with biologic treatments for psoriasis?
Biologics can increase the risk of infections and may have side effects, so careful monitoring is required during treatment.
7. Can home treatments be effective for plaque psoriasis?
Home treatments, including topical creams and moisturizers, can help manage mild to moderate symptoms, but professional care is often needed.
8. How do phototherapy treatments work for psoriasis?
Phototherapy involves exposing the skin to ultraviolet light to slow the growth of skin cells and reduce inflammation.
9. Are there any natural remedies for plaque psoriasis?
Some natural remedies, like aloe vera and oatmeal baths, may provide symptom relief but should be used in conjunction with medical treatments.
10. Is plaque psoriasis genetic?
Yes, genetic factors can play a significant role in the development of plaque psoriasis, although environmental triggers also contribute.
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Allergan
Johnson and Johnson
Amgen
Abbvie
Eli Lilly
Dermira
Novartis
Galectin Therapeutics
Cellceutix
Biogen
Bayer
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Plaque Psoriasis Treatment Market
Hospitals
Clinics
Others
Based on Types the Market is categorized into Below types that held the largest Plaque Psoriasis Treatment market share In 2023.
Topical Therapy
Phototherapy
Systemic Agents
Biologic Therapies
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
1. Introduction of the Global Plaque Psoriasis Treatment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Plaque Psoriasis Treatment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Plaque Psoriasis Treatment Market, By Type
6. Global Plaque Psoriasis Treatment Market, By Application
7. Global Plaque Psoriasis Treatment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Plaque Psoriasis Treatment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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