PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1930032
PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1930032
The global psoriasis treatment market size was valued at USD 29.15 billion in 2025 and is projected to grow to USD 31.42 billion in 2026, reaching USD 72.99 billion by 2034. Market growth is supported by rising disease prevalence, increasing adoption of biologic therapies, expanding awareness programs, and strong clinical development pipelines. In 2025, North America dominated the market with a share of 74.83%, driven by high biologic usage, extensive insurance coverage, and robust regulatory approvals.
Psoriasis is a chronic autoimmune inflammatory disorder characterized by rapid skin cell proliferation, plaque formation, inflammation, and joint involvement in psoriatic arthritis. Approximately 30%-40% of psoriasis patients develop psoriatic arthritis, increasing long-term therapy needs. Plaque psoriasis remains the most common form, accounting for 80%-90% of total cases, creating sustained demand for long-term pharmacologic management.
Market Drivers
The growing prevalence of psoriasis remains a primary driver. An estimated 2%-3% of the global population suffers from psoriasis, increasing demand for effective systemic and topical therapies. Governments and healthcare organizations are promoting early diagnosis and disease awareness, improving treatment initiation rates.
Another major driver is the strong pipeline of biologic drugs targeting inflammatory cytokines. Regulatory approvals for IL-17, IL-23, and TYK2 inhibitors are improving clinical outcomes and increasing physician confidence in biologic prescribing. Expanded indications for pediatric and psoriatic arthritis populations further increase patient eligibility.
Market Trends
A dominant trend is the shift toward biologic therapies that target specific immune pathways with improved safety and efficacy. Biologics offer higher clearance rates, longer remission periods, and reduced systemic toxicity compared to conventional therapies. Manufacturers are investing heavily in next-generation biologics and biosimilars to improve affordability and expand market access.
Teledermatology adoption is also improving patient monitoring and prescription continuity, particularly in rural regions and during public health emergencies, supporting long-term medication adherence.
Market Restraints
High treatment costs remain a significant barrier, especially in developing countries. Biologic therapies involve high manufacturing expenses, leading to elevated out-of-pocket costs for patients. Limited reimbursement frameworks restrict biologic adoption in low-income populations, delaying therapy initiation and reducing market penetration.
Topical and systemic alternatives remain cost-effective but often lack the long-term disease control achieved by biologics, creating access disparities across regions.
By Drug Class
The market is segmented into TNF inhibitors, interleukin inhibitors, and others. TNF inhibitors dominated with 41.31% market share in 2026, driven by long-established clinical usage and biosimilar availability. However, interleukin inhibitors are registering the fastest growth due to superior efficacy, improved safety profiles, and expanding clinical trial programs.
By Type
By type, the market includes plaque psoriasis, psoriatic arthritis, and others. Plaque psoriasis accounted for 41.31% market share in 2026, driven by high disease prevalence and large patient populations. Psoriatic arthritis is experiencing rapid growth due to improved diagnostic rates and expanded biologic indications.
By Product Type
Based on product type, the market is segmented into biologics and non-biologics. Biologics dominated with 90.73% share in 2026, reflecting strong adoption of targeted therapies such as IL-17 and IL-23 inhibitors. Non-biologics continue to grow due to oral drug approvals and lower cost accessibility.
By Route of Administration
The market is categorized into oral, parenteral/systemic, and topical. Parenteral/systemic therapies accounted for 83.48% share in 2026, supported by widespread biologic administration through injections and infusions. Oral therapies are expanding due to convenience and increasing TYK2 inhibitor approvals.
By Distribution Channel
Distribution includes hospital pharmacies, retail pharmacies, and online pharmacies. Retail pharmacies dominated in 2024 due to wide accessibility and refill convenience, while online pharmacies are expanding rapidly through home delivery services and biosimilar partnerships.
North America generated USD 21.81 billion in 2025, supported by advanced biologic adoption and strong reimbursement systems. The U.S. market reached USD 21.75 billion in 2026, driven by FDA approvals and Medicare pricing negotiations.
Europe holds strong demand, with Germany valued at USD 1.05 billion and the U.K. at USD 0.63 billion in 2026, supported by regulatory approvals and national healthcare coverage. Asia Pacific is the fastest-growing region, with China at USD 0.74 billion, Japan at USD 0.61 billion, and India at USD 0.27 billion in 2026, driven by clinical trial expansion and government awareness programs. Latin America and Middle East & Africa are growing through expanding healthcare access and disease awareness.
Competitive Landscape
Key players include AbbVie, Johnson & Johnson, Novartis, Pfizer, Eli Lilly, Amgen, LEO Pharma, UCB, and Sun Pharmaceutical Industries. Market leaders focus on biologic innovation, biosimilar expansion, and multi-indication labeling strategies. Strategic acquisitions and global clinical programs strengthen product pipelines and market coverage.
Report Coverage
The report analyzes market size and value for 2025, 2026, and 2034, with segmentation by drug class, type, product type, route of administration, and distribution channel. It includes regional and country-level market values, regulatory trends, product launches, clinical pipeline developments, and competitive strategies shaping the global psoriasis treatment industry.
Conclusion
The psoriasis treatment market is expanding from USD 29.15 billion in 2025 to USD 31.42 billion in 2026, reaching USD 72.99 billion by 2034, driven by rising disease burden, biologic therapy innovation, and expanding global treatment access. Dominance of biologics, strong performance of parenteral therapies, and leadership by North America reflect advanced treatment adoption, while rapid growth in Asia Pacific highlights increasing healthcare investment and regulatory support. Continued innovation in immune-targeted therapies, biosimilars, and oral treatment options is strengthening long-term market sustainability across diverse patient populations.
Segmentation By Drug Class
By Type
By Product Type
By Route of Administration
By Distribution Channel
By Region