Psoriasis market to more than double to $13.3 billion by 2024, predicts report
Improvements in drugs will prompt the psoriasis market to rise from $6.6 billion in 2014 to more than $13.3 billion by 2024, according to research from GlobalData.
The report from the research and consulting firm predicts an annual growth rate of 7.3% in the field.
This will be driven by the launch of novel psoriasis products, uptake of biosimilars for currently marketed biologics, and the expansion of existing psoriasis therapies such as dimethyl fumarate from Germany into the US and major European markets, the report states.
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