Psoriatic Arthritis Therapeutics

Global Psoriatic Arthritis Therapeutics Market to Reach US$20.5 Billion by 2030

The global market for Psoriatic Arthritis Therapeutics estimated at US$11.6 Billion in the year 2024, is expected to reach US$20.5 Billion by 2030, growing at a CAGR of 10.0% over the analysis period 2024-2030. Non-Steroidal Anti-Inflammatory Drugs (NSAIDS), one of the segments analyzed in the report, is expected to record a 9.3% CAGR and reach US$6.6 Billion by the end of the analysis period. Growth in the Non-Biologic Disease Modifying Anti-Rheumatic Drugs (DMARDs) segment is estimated at 9.3% CAGR over the analysis period.

The U.S. Market is Estimated at US$3.1 Billion While China is Forecast to Grow at 16.7% CAGR

The Psoriatic Arthritis Therapeutics market in the U.S. is estimated at US$3.1 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.2 Billion by the year 2030 trailing a CAGR of 16.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.6% and 8.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.

Global Psoriatic Arthritis Therapeutics Market - Key Trends and Drivers Summarized

Psoriatic arthritis (PsA) is a chronic inflammatory condition that affects both the skin and joints, intertwining the symptoms of psoriasis with those of arthritis. This autoimmune disorder manifests in various forms, ranging from mild to severe, with symptoms including joint pain, stiffness, and swelling, along with the characteristic red, scaly patches of psoriasis. The management of PsA requires a comprehensive therapeutic approach that addresses both skin and joint symptoms to prevent joint damage and improve quality of life. The primary goal of PsA therapeutics is to reduce inflammation, control symptoms, and inhibit disease progression. Treatment regimens often begin with non-steroidal anti-inflammatory drugs (NSAIDs) and corticosteroids to manage pain and inflammation, moving on to disease-modifying antirheumatic drugs (DMARDs) such as methotrexate, when initial treatments are insufficient.

In recent years, significant advancements in the understanding of PsA`s pathophysiology have led to the development of biologic therapies, which target specific components of the immune system that drive the disease. Tumor necrosis factor (TNF) inhibitors, such as adalimumab and etanercept, were among the first biologics approved for PsA treatment and have shown substantial efficacy in reducing joint and skin symptoms. More recently, interleukin (IL) inhibitors that target IL-17 and IL-23, such as secukinumab and ustekinumab, have been introduced, offering alternative mechanisms of action for patients who do not respond to TNF inhibitors. Additionally, small molecule inhibitors like Janus kinase (JAK) inhibitors and phosphodiesterase 4 (PDE4) inhibitors provide oral therapeutic options that are effective in controlling PsA symptoms. These therapies have transformed the treatment landscape of PsA, providing more personalized and effective options for patients.

The growth in the psoriatic arthritis therapeutics market is driven by several factors, including the increasing prevalence of the disease and a heightened awareness and diagnosis rate among healthcare professionals. Advancements in biotechnology and pharmaceutical research have led to the development of new and more effective treatments, expanding the range of therapeutic options available. The rising demand for biologics and targeted therapies, driven by their efficacy and relatively favorable side effect profiles, significantly contributes to market growth. Moreover, patient behavior is shifting towards seeking more advanced and specialized treatments, supported by greater access to healthcare information and improved healthcare infrastructure globally. Economic factors, such as increased healthcare expenditure and insurance coverage for chronic diseases, further support market expansion. Additionally, ongoing clinical trials and research into novel therapeutic targets promise to introduce new and improved treatments, ensuring sustained growth and innovation in the psoriatic arthritis therapeutics market. These factors collectively foster an environment where continuous advancements are made, aiming to enhance patient outcomes and quality of life for those suffering from PsA.

SCOPE OF STUDY:

The report analyzes the Psoriatic Arthritis Therapeutics market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Drug Class (Non-Steroidal Anti-Inflammatory Drugs (NSAIDS), Non-Biologic Disease Modifying Anti-Rheumatic Drugs (DMARDs), Biologic Disease Modifying Anti-Rheumatic Drugs (DMARDs), Other Drug Classes); Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Distribution Channel)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 36 Featured) -

• AbbVie Inc
• Aclaris Therapeutics, Inc.
• Amgen, Inc.
• Bristol-Myers Squibb Co
• Coherus BioSciences, Inc.
• Eli Lilly and Company
• Fresenius Kabi USA
• GSK Plc
• Johnson & Johnson Services, Inc.
• Novartis Pharmaceuticals Corporation
• Pfizer Inc.
• SANOFI
• Sun Pharmaceutical Industries Ltd.
• Takeda Pharmaceutical Company Limited
• UCB S.A.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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