Psoriatic Arthritis Treatment Market Regional Outlook, Trend, Share, Size, Application, and Growth

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Data Bridge Market Research analyses a growth rate in the psoriatic arthritis treatment market in the forecast period 2023-2030. The expected CAGR of psoriatic arthritis treatment market is tend to be around 12% in the mentioned forecast period. The market was valued at USD 9 billion in 20

Psoriatic Arthritis Treatment market research report makes available the market insights about the business scenario with which better business strategies can be built to thrive in this industry. According to this market report, global market is supposed to witness a moderately higher growth rate during the forecast period. This renovation will mainly take place due to the actions of key players or brands like developments, product launches, joint ventures, mergers and acquisitions. This also leads to change the view of the global face of this industry. The data of this Psoriatic Arthritis Treatment report is represented with the tables, charts and graphs for better understanding.

In this market research report, a market study and overview is carried out by taking into account market drivers, market restraints, opportunities and challenges for a particular business. Geographical scope of the products is also taken into consideration methodically for the major global areas such as Asia, North America, South America, and Africa. This helps delineate strategies for the product distribution in those areas. Psoriatic Arthritis Treatment market report estimates the size of the market with respect to the information on key retailer revenues, development of the industry by upstream and downstream, industry progress, key companies, key developments, along with market segments and application. This superior Psoriatic Arthritis Treatment market report is presented with a full devotion and dedication to the clients that extend their reach to success.
Data Bridge Market Research analyses a growth rate in the psoriatic arthritis treatment market in the forecast period 2023-2030. The expected CAGR of psoriatic arthritis treatment market is tend to be around 12% in the mentioned forecast period. The market was valued at USD 9 billion in 2022, and it would grow upto USD 22.28 billion by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Driver:
High Prevalence of Obesity
Obesity and overweight are typically characterized as excessive or irregular fat accumulations that can harm one's health. In 2016, about 1.9 billion individuals aged 18 years and above were overweight. More than 650 million of those individuals were found to be obese. Around 39% of individuals aged 18 years and above were overweight in 2016, and 13% were obese. In 2020, 39 million kids under five were overweight or obese. Approximately 340 million kids and adolescents aged 5 to 19 years were considered overweight or obese in 2016. Thus, it is expected that the risk of psoriatic arthritis will increase as the prevalence of obesity grows. This boosts the market growth.
Growing Research Activities
Major market players are primarily focused on gaining approvals from regulatory bodies to enhance their product portfolio. This is projected to boost the growth of the market during the forecast period. For instance, Janssen-Cilag International NV (Janssen) announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) recommended the use of STELARA (ustekinumab), alone or in combination with methotrexate in July 2013, used for the treatment of active psoriatic arthritis in adult patients when the response to previous non-biological disease-modifying anti-rheumatic drug (DMARD) is not satisfying. Thus, this factor boosts the market growth.
Some key players mentioned in the report are:
Pfizer Inc. (U.S.), Abbvie Inc. (U.S.), Novartis AG (Switzerland), Amgen Inc. (U.S.), Boehringer Ingelheim International GmbH. (Germany), Merck Co Inc. (U.S.), Sun Pharmaceutical Industries Ltd. (India), Teva Pharmaceuticals Industries Ltd. (Israel), AstraZeneca (U.K.), Ampio Pharmaceuticals Inc. (U.S.), Lilly (U.S.), Mylan N.V. (U.S.), Currax Pharmaceuticals LLC (U.S.), Bayer AG (Germany), Antares Pharma (U.S.), Amgen Inc. (U.S.)
Key Insights that Study is going to provide:
• The 360-degree Psoriatic Arthritis Treatment overview based on a global and regional level
• Market Share Sales Revenue by Key Players Emerging Regional Players
• A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger Acquisition / Recent Investment and Key Developments]
• May vary depending upon availability and feasibility of data with respect to Industry targeted
• Patent Analysis** No of patents / Trademark filed in recent years.
• A complete and useful guide for new market aspirants
• Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations
• Various Psoriatic Arthritis Treatment industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
Key Market Segmentation:
Pfizer Inc. (U.S.), Abbvie Inc. (U.S.), Novartis AG (Switzerland), Amgen Inc. (U.S.), Boehringer Ingelheim International GmbH. (Germany), Merck Co Inc. (U.S.), Sun Pharmaceutical Industries Ltd. (India), Teva Pharmaceuticals Industries Ltd. (Israel), AstraZeneca (U.K.), Ampio Pharmaceuticals Inc. (U.S.), Lilly (U.S.), Mylan N.V. (U.S.), Currax Pharmaceuticals LLC (U.S.), Bayer AG (Germany), Antares Pharma (U.S.), Amgen Inc. (U.S.)
The countries covered in the Global Psoriatic Arthritis Treatment Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer Landscape
Geographic Landscape
Key leading countries
Vendor Landscape
Vendor Analysis
Appendix
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